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 average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 5 February 2016 with a comparison to the same period in 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.

Location
3 months to
5 Feb 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 21 - -
Rank change year-on-year
- 0
Contract jobs citing FATCA 2 0 0
As % of all contract IT jobs located in Canary Wharf 1.57% - -
As % of the Quality Assurance & Compliance category 11.11% - -
Number of daily rates quoted 2 0 0
Average daily rate £563 - -
UK excluding London average daily rate £400 £513 £425
% change year-on-year
-21.98% +20.64%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
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
18 7 22
As % of all contract IT jobs located in Canary Wharf 14.17% 7.07% 12.50%
Number of daily rates quoted 13 6 12
Average daily rate £500 £550 £513
Average daily rate % change year-on-year
-9.09% +7.31%
90% offered a daily rate of more than £450 £375 £398
10% offered a daily rate of more than £675 £600 £620
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

FATCA
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing FATCA across the Canary Wharf region as a proportion of the total demand within 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
Daily Rate Histogram in Canary Wharf

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the Canary Wharf region over the 3 months to 5 February 2016.

FATCA Daily Rate Histogram in Canary Wharf

FATCA
Top 12 Related IT Skills in Canary Wharf

For the 6 months to 5 February 2016, IT contractor jobs across the Canary Wharf region citing FATCA also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited FATCA.

1 1 (50.00%) Stakeholder Management
1 1 (50.00%) Banking
1 1 (50.00%) Asset Management
1 1 (50.00%) Investment Banking
1 1 (50.00%) MiFID
1 1 (50.00%) Fund Management
1 1 (50.00%) Reference Data
1 1 (50.00%) EMIR
1 1 (50.00%) Dodd-Frank
1 1 (50.00%) AIFMD
1 1 (50.00%) KYC
1 1 (50.00%) Anti-Money Laundering

FATCA
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 5 February 2016, IT contractor jobs across the Canary Wharf region citing FATCA also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited FATCA. Up to 20 skills are shown per category.

General
1 1 (50.00%) Banking
1 1 (50.00%) Investment Banking
Job Titles
1 1 (50.00%) Analyst
1 1 (50.00%) Business Analyst
1 1 (50.00%) Business Change Analyst
1 1 (50.00%) Business Change Business Analyst
1 1 (50.00%) Data Business Analyst
1 1 (50.00%) Documentation Analyst
1 1 (50.00%) KYC Analyst
1 1 (50.00%) MiFID Programme Manager
1 1 (50.00%) MiFID Project Manager
1 1 (50.00%) Onboarding Analyst
1 1 (50.00%) Programme Manager
1 1 (50.00%) Project Manager
1 1 (50.00%) Reference Data Analyst
1 1 (50.00%) Reference Data Business Analyst
1 1 (50.00%) Regulatory Business Analyst
Miscellaneous
1 1 (50.00%) Reference Data
Processes & Methodologies
1 1 (50.00%) Anti-Money Laundering
1 1 (50.00%) Asset Management
1 1 (50.00%) Fund Management
1 1 (50.00%) KYC
1 1 (50.00%) Stakeholder Management
Quality Assurance & Compliance
1 1 (50.00%) AIFMD
1 1 (50.00%) Dodd-Frank
1 1 (50.00%) EMIR
1 1 (50.00%) MiFID