The table below looks at the statistics for COREP skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited COREP over the 3 months to 29 July 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
29 Jul 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 160 205 208
Rank change year-on-year
+45 +3
Contract jobs citing COREP 2 4 1
As % of all contract IT jobs located in the City of London 0.060% 0.067% 0.017%
As % of the Quality Assurance & Compliance category 0.58% 0.69% 0.18%
Number of daily rates quoted 2 4 1
Median daily rate £606 £538 £488
Median daily rate % change year-on-year
+12.79% +10.25%
UK excluding London median daily rate £450 £550 £513
% change year-on-year
-18.18% +7.21%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
COREP
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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
345 579 566
As % of all contract IT jobs located in the City of London 10.27% 9.74% 9.58%
Number of daily rates quoted 273 445 402
Median daily rate £475 £475 £475
90% offered a daily rate of more than £335 £313 £300
10% offered a daily rate of more than £600 £625 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 2 5 6
Median hourly rate £52.75 £24.00 £17.50
Median hourly rate % change year-on-year
+119.79% +37.14%
90% offered a hourly rate of more than £26.55 £14.60 £11.32
10% offered a hourly rate of more than £78.95 £55.50 £31.75
UK excluding London median hourly rate £28.00 £22.50 £21.00
% change year-on-year
+24.44% +7.14%

COREP
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing COREP as a proportion of all IT contracts with a match in 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 12 Related IT Skills in the City of London

For the 6 months to 29 July 2016, IT contractor jobs citing COREP 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 City of London region with a requirement for COREP.

1 1 (50.00%) Back Office
1 1 (50.00%) Finance
1 1 (50.00%) Banking
1 1 (50.00%) Investment Banking
1 1 (50.00%) General Ledger
1 1 (50.00%) IT Governance
1 1 (50.00%) Credit Risk
1 1 (50.00%) Market Risk
1 1 (50.00%) User Acceptance Testing
1 1 (50.00%) Technical Analysis
1 1 (50.00%) CRD IV
1 1 (50.00%) SDLC

COREP
Top Related IT Skills in the City of London 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 (50.00%) Back Office
1 1 (50.00%) Banking
1 1 (50.00%) Finance
1 1 (50.00%) General Ledger
1 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Business Analyst
2 1 (50.00%) Analyst
2 1 (50.00%) IT Business Analyst
2 1 (50.00%) Liquidity Business Analyst
2 1 (50.00%) Regulatory Business Analyst
2 1 (50.00%) Regulatory Reporting Business Analyst
2 1 (50.00%) Report Analyst
Miscellaneous
1 1 (50.00%) Credit Risk
1 1 (50.00%) Market Risk
Processes & Methodologies
1 1 (50.00%) IT Governance
1 1 (50.00%) SDLC
1 1 (50.00%) Technical Analysis
1 1 (50.00%) User Acceptance Testing
Quality Assurance & Compliance
1 1 (50.00%) CRD IV