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 31 August 2016 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
31 Aug 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 26 - -
Rank change year-on-year
- 0
Contract jobs citing FATCA 1 0 0
As % of all contract IT jobs located in Canary Wharf 0.65% - -
As % of the Quality Assurance & Compliance category 5.88% - -
Number of daily rates quoted 1 0 0
Median daily rate £325 - -
UK excluding London median daily rate £400 £400 £550
% change year-on-year
- -27.27%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £17.00 -
FATCA
London

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
17 22 19
As % of all contract IT jobs located in Canary Wharf 10.97% 11.76% 16.67%
Number of daily rates quoted 13 15 8
Median daily rate £340 £475 £475
Median daily rate % change year-on-year
-28.42% -
90% offered a daily rate of more than £304 £388 £365
10% offered a daily rate of more than £525 £594 £530
UK excluding London median daily rate £400 £408 £380
% change year-on-year
-1.84% +7.23%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £28.15 £25.69 £20.00
% change year-on-year
+9.57% +28.45%

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 17 Related IT Skills in Canary Wharf

For the 6 months to 31 August 2016, 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 2 (100.00%) Banking
2 1 (50.00%) Retail
2 1 (50.00%) Document Management
2 1 (50.00%) Data Architecture
2 1 (50.00%) Logical Data Model
2 1 (50.00%) Physical Data Model
2 1 (50.00%) Oracle
2 1 (50.00%) Data Warehouse
2 1 (50.00%) Data Modelling
2 1 (50.00%) ETL
2 1 (50.00%) OLTP
2 1 (50.00%) Informatica
2 1 (50.00%) Project Management
2 1 (50.00%) Change Management
2 1 (50.00%) Finance
2 1 (50.00%) Stakeholder Management
2 1 (50.00%) Teradata

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:

Database & Business Intelligence
1 1 (50.00%) Data Warehouse
1 1 (50.00%) OLTP
General
1 2 (100.00%) Banking
2 1 (50.00%) Finance
2 1 (50.00%) Retail
Job Titles
1 1 (50.00%) Analyst
1 1 (50.00%) Architect
1 1 (50.00%) Banking Analyst
1 1 (50.00%) Banking Business Analyst
1 1 (50.00%) Business Analyst
1 1 (50.00%) Data Architect
Processes & Methodologies
1 1 (50.00%) Change Management
1 1 (50.00%) Data Architecture
1 1 (50.00%) Data Modelling
1 1 (50.00%) Document Management
1 1 (50.00%) ETL
1 1 (50.00%) Logical Data Model
1 1 (50.00%) Physical Data Model
1 1 (50.00%) Project Management
1 1 (50.00%) Stakeholder Management
Vendors
1 1 (50.00%) Informatica
1 1 (50.00%) Oracle
1 1 (50.00%) Teradata