The table below looks at the statistics for FATCA skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited FATCA over the 3 months to 23 January 2017 with a comparison to the same period over the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

3 months to
23 Jan 2017
Same period 2016 Same period 2015
Foreign Account Tax Compliance Act (FATCA)
London / Canary Wharf
Rank 26 24 -
Rank change year-on-year
-2 -
Contract jobs citing FATCA 1 1 0
As % of all contract IT jobs located in Canary Wharf 0.79% 0.76% -
As % of the Quality Assurance & Compliance category 11.11% 5.88% -
Number of daily rates quoted 1 1 0
Median daily rate £440 £450 -
Median daily rate % change year-on-year
-2.22% -
UK excluding London median daily rate £360 £400 £500
% change year-on-year
-10.00% -20.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Canary Wharf region.

Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
9 17 10
As % of all contract IT jobs located in Canary Wharf 7.14% 12.98% 9.09%
Number of daily rates quoted 8 13 9
Median daily rate £500 £471 £550
Median daily rate % change year-on-year
+6.10% -14.31%
90% offered a daily rate of more than £425 £375 £383
10% offered a daily rate of more than £605 £600 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £22.48 £42.00 £23.25
% change year-on-year
-46.48% +80.64%

FATCA
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing FATCA as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in Canary Wharf

FATCA
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FATCA across the Canary Wharf region.

FATCA Daily Rate Trend in Canary Wharf

FATCA
Top 9 Related IT Skills in Canary Wharf

For the 6 months to 23 January 2017, IT contractor jobs citing FATCA also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the Canary Wharf region with a requirement for FATCA.

1 3 (100.00%) Banking
2 2 (66.67%) Finance
2 2 (66.67%) Stakeholder Management
3 1 (33.33%) Change Management
3 1 (33.33%) Programme Management
3 1 (33.33%) Document Management
3 1 (33.33%) Reference Data
3 1 (33.33%) Target Operating Model
3 1 (33.33%) Case Management

FATCA
Top Related IT Skills in Canary Wharf by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 3 (100.00%) Banking
2 2 (66.67%) Finance
Job Titles
1 2 (66.67%) Analyst
1 2 (66.67%) Business Analyst
2 1 (33.33%) Banking Analyst
2 1 (33.33%) Banking Business Analyst
2 1 (33.33%) Business Operations Manager
2 1 (33.33%) Operations Analyst
2 1 (33.33%) Operations Business Analyst
2 1 (33.33%) Project Analyst
2 1 (33.33%) Project Manager
Miscellaneous
1 1 (33.33%) Reference Data
Processes & Methodologies
1 2 (66.67%) Stakeholder Management
2 1 (33.33%) Case Management
2 1 (33.33%) Change Management
2 1 (33.33%) Document Management
2 1 (33.33%) Programme Management
2 1 (33.33%) Target Operating Model