The first table below looks at the demand for COREP skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 10 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the City of London region.

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
10 Jul 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 190 213 213
Rank change year-on-year
+23 0
Contract jobs citing COREP 5 8 14
As % of all contract IT jobs located in the City of London 0.088% 0.11% 0.18%
As % of the Quality Assurance & Compliance category 1.03% 1.29% 2.06%
Number of daily rates quoted 4 6 9
Average daily rate
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£488 £525 £480
Average daily rate % change year-on-year
-7.14% +9.37%
90% offered a daily rate of more than £479 £419 £447
10% offered a daily rate of more than £549 £575 £625
UK excluding London average daily rate £477 £450 -
% change year-on-year
+6.05% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
484 618 681
As % of all contract IT jobs located in the City of London 8.48% 8.73% 8.87%
Number of daily rates quoted 340 467 470
Average daily rate £484 £475 £475
Average daily rate % change year-on-year
+1.89% -
90% offered a daily rate of more than £300 £316 £300
10% offered a daily rate of more than £600 £625 £650
UK excluding London average daily rate £365 £350 £350
% change year-on-year
+4.28% -
Number of hourly rates quoted 6 10 18
Average hourly rate £22.50 £25.00 £19.00
Average hourly rate % change year-on-year
-10.00% +31.57%
90% offered a hourly rate of more than £12.13 £13.97 £13.50
10% offered a hourly rate of more than £42.36 £52.20 £33.35
UK excluding London average hourly rate £20.13 £17.75 £18.00
% change year-on-year
+13.38% -1.38%
COREP
London

COREP
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing COREP across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in the City of London

COREP
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing COREP across the City of London region.

COREP Daily Rate Trend in the City of London

COREP
Top 30 Related IT Skills in the City of London

For the 6 months to 10 July 2014, IT contractor jobs across the City of London region citing COREP 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 COREP.

1 9 (60.00%) Finance
1 9 (60.00%) Banking
2 8 (53.33%) FINREP
3 7 (46.67%) CRD IV
4 6 (40.00%) Basel III
5 4 (26.67%) Investment Banking
6 3 (20.00%) General Ledger
6 3 (20.00%) MS Excel
6 3 (20.00%) Microsoft
7 2 (13.33%) Foreign Exchange (FX)
7 2 (13.33%) SQL
7 2 (13.33%) Back Office
7 2 (13.33%) Basel II
7 2 (13.33%) Derivative
7 2 (13.33%) IT Governance
7 2 (13.33%) Quantitative Risk Management
7 2 (13.33%) Technical Analysis
8 1 (6.67%) EMIR
8 1 (6.67%) Dodd-Frank
8 1 (6.67%) Solvency II
8 1 (6.67%) Credit Derivative
8 1 (6.67%) Data Analysis
8 1 (6.67%) C#
8 1 (6.67%) Marketing
8 1 (6.67%) Degree
8 1 (6.67%) QA
8 1 (6.67%) Use Case
8 1 (6.67%) Market Risk
8 1 (6.67%) Agile Software Development
8 1 (6.67%) Data Mart

COREP
Top Related IT Skills in the City of London by Category

For the 6 months to 10 July 2014, IT contractor jobs across the City of London region citing COREP 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 COREP. Up to 20 skills are shown per category.

Applications
1 3 (20.00%) MS Excel
2 1 (6.67%) MS PowerPoint
Database & Business Intelligence
1 1 (6.67%) Data Warehouse
1 1 (6.67%) Data Mart
Development Applications
1 1 (6.67%) ProC
General
1 9 (60.00%) Finance
1 9 (60.00%) Banking
2 4 (26.67%) Investment Banking
3 3 (20.00%) General Ledger
4 2 (13.33%) Back Office
5 1 (6.67%) Marketing
Job Titles
1 9 (60.00%) Business Analyst
1 9 (60.00%) Analyst
2 2 (13.33%) Consultant
2 2 (13.33%) Report Analyst
3 1 (6.67%) Data Analyst
3 1 (6.67%) SQL Developer
3 1 (6.67%) Pre Sales Consultant
3 1 (6.67%) Test Consultant
3 1 (6.67%) Business Data Analyst
3 1 (6.67%) QA Leader
3 1 (6.67%) Sales Consultant
3 1 (6.67%) Developer
3 1 (6.67%) Project Manager
Libraries, Frameworks & Software Standards
1 1 (6.67%) .NET
1 1 (6.67%) XBRL
Miscellaneous
1 2 (13.33%) Foreign Exchange (FX)
1 2 (13.33%) Derivative
2 1 (6.67%) Market Risk
2 1 (6.67%) Credit Derivative
Processes & Methodologies
1 2 (13.33%) IT Governance
1 2 (13.33%) Quantitative Risk Management
1 2 (13.33%) Technical Analysis
2 1 (6.67%) Use Case
2 1 (6.67%) Business Intelligence
2 1 (6.67%) Risk Management
2 1 (6.67%) Agile Software Development
2 1 (6.67%) Data Analysis
Programming Languages
1 2 (13.33%) SQL
2 1 (6.67%) C#
Qualifications
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 8 (53.33%) FINREP
2 7 (46.67%) CRD IV
3 6 (40.00%) Basel III
4 2 (13.33%) Basel II
5 1 (6.67%) QA
5 1 (6.67%) Solvency II
5 1 (6.67%) EMIR
5 1 (6.67%) Dodd-Frank
Vendors
1 3 (20.00%) Microsoft
2 1 (6.67%) Business Objects
City of London
Orgtel
Rate: £400 - £475 per day
Posted: 9 days ago