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 24 September 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
24 Sep 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 30 - -
Rank change year-on-year
- 0
Contract jobs citing FATCA 1 0 0
As % of all contract IT jobs located in Canary Wharf 0.60% - -
As % of the Quality Assurance & Compliance category 4.55% - -
Number of daily rates quoted 1 0 0
Median daily rate £325 - -
UK excluding London median daily rate £513 £390 £538
% change year-on-year
+31.41% -27.44%
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
22 22 18
As % of all contract IT jobs located in Canary Wharf 13.25% 12.15% 15.93%
Number of daily rates quoted 13 13 5
Median daily rate £325 £500 £500
Median daily rate % change year-on-year
-35.00% -
90% offered a daily rate of more than £304 £320 £440
10% offered a daily rate of more than £525 £620 £535
UK excluding London median daily rate £400 £413 £379
% change year-on-year
-3.03% +8.83%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £30.41 £29.50 £20.00
% change year-on-year
+3.06% +47.50%

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 5 Related IT Skills in Canary Wharf

For the 6 months to 24 September 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 1 (100.00%) Change Management
1 1 (100.00%) Finance
1 1 (100.00%) Stakeholder Management
1 1 (100.00%) Banking
1 1 (100.00%) Document 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 1 (100.00%) Banking
1 1 (100.00%) Finance
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Banking Analyst
1 1 (100.00%) Banking Business Analyst
1 1 (100.00%) Business Analyst
Processes & Methodologies
1 1 (100.00%) Change Management
1 1 (100.00%) Document Management
1 1 (100.00%) Stakeholder Management