The table below looks at the statistics for FATCA 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 FATCA over the 3 months to 17 April 2015 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
17 Apr 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 174 194 187
Rank change year-on-year
+20 -7
Contract jobs citing FATCA 16 17 19
As % of all contract IT jobs located in the City of London 0.29% 0.26% 0.30%
As % of the Quality Assurance & Compliance category 3.70% 2.74% 3.45%
Number of daily rates quoted 13 12 18
Average daily rate
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£575 £438 £550
Average daily rate % change year-on-year
+31.42% -20.45%
90% offered a daily rate of more than £410 £415 £394
10% offered a daily rate of more than £600 £550 £600
UK excluding London average daily rate £373 £400 £331
% change year-on-year
-6.87% +20.75%
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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
432 620 551
As % of all contract IT jobs located in the City of London 7.94% 9.57% 8.73%
Number of daily rates quoted 307 426 406
Average daily rate £475 £450 £463
Average daily rate % change year-on-year
+5.55% -2.70%
90% offered a daily rate of more than £275 £290 £275
10% offered a daily rate of more than £611 £600 £600
UK excluding London average daily rate £380 £365 £330
% change year-on-year
+4.10% +10.60%
Number of hourly rates quoted 4 9 16
Average hourly rate £13.75 £17.50 £135.00
Average hourly rate % change year-on-year
-21.42% -87.03%
UK excluding London average hourly rate £22.03 £18.00 £17.00
% change year-on-year
+22.36% +5.88%

FATCA
Jobs Demand Trend in the City of London

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

FATCA Jobs Demand Trend in the City of London

FATCA
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 FATCA across the City of London region.

FATCA Daily Rate Trend in the City of London

FATCA
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the City of London region over the 3 months to 17 April 2015.

FATCA Daily Rate Histogram in the City of London

FATCA
Top 30 Related IT Skills in the City of London

For the 6 months to 17 April 2015, IT contractor jobs across the City of London 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 13 (56.52%) Finance
2 12 (52.17%) Banking
3 9 (39.13%) Business Analysis
4 7 (30.43%) Investment Banking
5 6 (26.09%) Stakeholder Management
6 5 (21.74%) Project Management
6 5 (21.74%) Dodd-Frank
7 4 (17.39%) EMIR
8 3 (13.04%) Reference Data
8 3 (13.04%) User Acceptance Testing
9 2 (8.70%) Project Planning
9 2 (8.70%) Relational Database
9 2 (8.70%) Test Strategy
9 2 (8.70%) SQL Server
9 2 (8.70%) GAP Analysis
10 1 (4.35%) Management Information System
10 1 (4.35%) Migration
10 1 (4.35%) Retail
10 1 (4.35%) Asset Management
10 1 (4.35%) Data Management
10 1 (4.35%) SQL Server Reporting Services
10 1 (4.35%) Scrum
10 1 (4.35%) Programme Management
10 1 (4.35%) Summit
10 1 (4.35%) Agile Software Development
10 1 (4.35%) ITIL
10 1 (4.35%) PRINCE2
10 1 (4.35%) Windows
10 1 (4.35%) ETL
10 1 (4.35%) IBM

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

For the 6 months to 17 April 2015, IT contractor jobs across the City of London 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.

Applications
1 1 (4.35%) MS PowerPoint
Business Applications
1 1 (4.35%) Summit
Database & Business Intelligence
1 2 (8.70%) SQL Server
1 2 (8.70%) Relational Database
2 1 (4.35%) SQL Server Reporting Services
2 1 (4.35%) SQL Server Integration Services
2 1 (4.35%) SQL Server Analysis Services
Development Applications
1 1 (4.35%) JIRA
General
1 13 (56.52%) Finance
2 12 (52.17%) Banking
3 7 (30.43%) Investment Banking
4 1 (4.35%) Retail Banking
4 1 (4.35%) Private Banking
4 1 (4.35%) Retail
Job Titles
1 14 (60.87%) Analyst
2 12 (52.17%) Business Analyst
3 2 (8.70%) Project Manager
3 2 (8.70%) Banking Business Analyst
4 1 (4.35%) Functional Test Analyst
4 1 (4.35%) Investment Banking Business Analyst
4 1 (4.35%) Architect
4 1 (4.35%) Programme Manager
4 1 (4.35%) Developer
4 1 (4.35%) Test Analyst
4 1 (4.35%) Solutions Architect
4 1 (4.35%) Data Analyst
4 1 (4.35%) SQL Developer
4 1 (4.35%) SQL Server Developer
4 1 (4.35%) Business Project Manager
4 1 (4.35%) Functional Analyst
4 1 (4.35%) Business Manager
4 1 (4.35%) IT Business Analyst
Miscellaneous
1 3 (13.04%) Reference Data
2 1 (4.35%) Data Integration
2 1 (4.35%) Analytical Skills
2 1 (4.35%) Mainframe
2 1 (4.35%) Management Information System
2 1 (4.35%) Credit Risk
Operating Systems
1 1 (4.35%) Windows
Processes & Methodologies
1 9 (39.13%) Business Analysis
2 6 (26.09%) Stakeholder Management
3 5 (21.74%) Project Management
4 3 (13.04%) User Acceptance Testing
5 2 (8.70%) Project Planning
5 2 (8.70%) Test Strategy
5 2 (8.70%) GAP Analysis
6 1 (4.35%) Migration
6 1 (4.35%) ITIL
6 1 (4.35%) PRINCE2
6 1 (4.35%) ETL
6 1 (4.35%) Scrum
6 1 (4.35%) Programme Management
6 1 (4.35%) Agile Software Development
6 1 (4.35%) Asset Management
6 1 (4.35%) Data Management
6 1 (4.35%) Functional Testing
6 1 (4.35%) Integration Testing
6 1 (4.35%) System Testing
6 1 (4.35%) Investment Management
Qualifications
1 1 (4.35%) ISEB
1 1 (4.35%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (21.74%) Dodd-Frank
2 4 (17.39%) EMIR
Systems Management
1 1 (4.35%) HP Quality Center
Vendors
1 1 (4.35%) Oracle
1 1 (4.35%) IBM
1 1 (4.35%) Calypso
City of London
Real Staffing
Rate: £500 - £550 per day + competitive
Posted: 23 days ago