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 average contractor rates offered in IT contracts that have cited COREP over the 3 months to 19 September 2014 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
19 Sep 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 196 221 200
Rank change year-on-year
+25 -21
Contract jobs citing COREP 3 6 20
As % of all contract IT jobs located in the City of London 0.051% 0.083% 0.26%
As % of the Quality Assurance & Compliance category 0.65% 1.01% 2.67%
Number of daily rates quoted 2 6 16
Average daily rate
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of your Daily Rate
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£550 £595 £550
Average daily rate % change year-on-year
-7.56% +8.18%
UK excluding London average daily rate £538 £450 £500
% change year-on-year
+19.44% -10.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
459 592 750
As % of all contract IT jobs located in the City of London 7.80% 8.22% 9.66%
Number of daily rates quoted 325 445 567
Average daily rate £458 £475 £475
Average daily rate % change year-on-year
-3.68% -
90% offered a daily rate of more than £310 £297 £300
10% offered a daily rate of more than £600 £614 £600
UK excluding London average daily rate £375 £354 £363
% change year-on-year
+6.00% -2.41%
Number of hourly rates quoted 10 7 16
Average hourly rate £15.50 £20.00 £17.75
Average hourly rate % change year-on-year
-22.50% +12.67%
90% offered a hourly rate of more than £9.23 £13.97 £13.00
10% offered a hourly rate of more than £22.55 £67.50 £50.04
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 19 September 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 7 (70.00%) Finance
1 7 (70.00%) Banking
2 6 (60.00%) Investment Banking
3 5 (50.00%) FINREP
4 3 (30.00%) General Ledger
4 3 (30.00%) Agile Software Development
5 2 (20.00%) IT Governance
5 2 (20.00%) Requirements Analysis
5 2 (20.00%) Data Mapping
5 2 (20.00%) Microgen
5 2 (20.00%) Front Office
5 2 (20.00%) Back Office
5 2 (20.00%) SQL
5 2 (20.00%) ETL
5 2 (20.00%) CRD IV
5 2 (20.00%) Performance Tuning
5 2 (20.00%) Technical Analysis
6 1 (10.00%) Relational Database
6 1 (10.00%) EMIR
6 1 (10.00%) Dodd-Frank
6 1 (10.00%) Analytical Skills
6 1 (10.00%) Business Intelligence
6 1 (10.00%) RDBMS
6 1 (10.00%) XBRL
6 1 (10.00%) Foreign Exchange (FX)
6 1 (10.00%) Oracle
6 1 (10.00%) Business Objects
6 1 (10.00%) Data Warehouse
6 1 (10.00%) Basel III
6 1 (10.00%) Solvency II

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

For the 6 months to 19 September 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.

Database & Business Intelligence
1 1 (10.00%) Relational Database
1 1 (10.00%) RDBMS
1 1 (10.00%) Data Warehouse
1 1 (10.00%) Oracle Database
1 1 (10.00%) Data Mart
General
1 7 (70.00%) Finance
1 7 (70.00%) Banking
2 6 (60.00%) Investment Banking
3 3 (30.00%) General Ledger
4 2 (20.00%) Front Office
4 2 (20.00%) Back Office
5 1 (10.00%) Marketing
Job Titles
1 4 (40.00%) Business Analyst
1 4 (40.00%) Analyst
2 3 (30.00%) Developer
3 1 (10.00%) Project Manager
3 1 (10.00%) Data Analyst
3 1 (10.00%) Pre Sales Consultant
3 1 (10.00%) Consultant
3 1 (10.00%) Sales Consultant
3 1 (10.00%) QA Leader
3 1 (10.00%) Business Data Analyst
Libraries, Frameworks & Software Standards
1 1 (10.00%) XBRL
Miscellaneous
1 1 (10.00%) Analytical Skills
1 1 (10.00%) Foreign Exchange (FX)
1 1 (10.00%) Derivative
Processes & Methodologies
1 3 (30.00%) Agile Software Development
2 2 (20.00%) IT Governance
2 2 (20.00%) Requirements Analysis
2 2 (20.00%) Data Mapping
2 2 (20.00%) ETL
2 2 (20.00%) Performance Tuning
2 2 (20.00%) Technical Analysis
3 1 (10.00%) Business Intelligence
3 1 (10.00%) Use Case
3 1 (10.00%) Data Analysis
Programming Languages
1 2 (20.00%) SQL
2 1 (10.00%) PL/SQL
Qualifications
1 1 (10.00%) Degree
Quality Assurance & Compliance
1 5 (50.00%) FINREP
2 2 (20.00%) CRD IV
3 1 (10.00%) EMIR
3 1 (10.00%) Dodd-Frank
3 1 (10.00%) Basel III
3 1 (10.00%) Solvency II
3 1 (10.00%) QA
Vendors
1 2 (20.00%) Microgen
2 1 (10.00%) Oracle
2 1 (10.00%) Business Objects
City, London
Incisive Ltd
Rate: £0.00 per day
Posted: Yesterday
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 4 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 13 days ago