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 2 July 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
2 Jul 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 200 188 188
Rank change year-on-year
-12 0
Contract jobs citing FATCA 5 13 30
As % of all contract IT jobs located in the City of London 0.087% 0.22% 0.43%
As % of the Quality Assurance & Compliance category 1.02% 2.65% 4.81%
Number of daily rates quoted 4 11 27
Average daily rate
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£600 £425 £525
Average daily rate % change year-on-year
+41.17% -19.04%
UK excluding London average daily rate £400 £425 £280
% change year-on-year
-5.88% +51.78%
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
488 491 624
As % of all contract IT jobs located in the City of London 8.48% 8.41% 8.95%
Number of daily rates quoted 368 360 475
Average daily rate £488 £475 £475
Average daily rate % change year-on-year
+2.63% -
90% offered a daily rate of more than £338 £300 £313
10% offered a daily rate of more than £650 £600 £625
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 7 6 11
Average hourly rate £24.00 £22.50 £27.50
Average hourly rate % change year-on-year
+6.66% -18.18%
90% offered a hourly rate of more than £10.00 £12.13 £13.97
10% offered a hourly rate of more than £63.40 £42.36 £135.00
UK excluding London average hourly rate £21.07 £20.21 £17.75
% change year-on-year
+4.29% +13.83%

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 2 July 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 2 July 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 10 (58.82%) Finance
2 9 (52.94%) Banking
3 7 (41.18%) Business Analysis
4 5 (29.41%) Investment Banking
4 5 (29.41%) Project Management
4 5 (29.41%) Stakeholder Management
5 3 (17.65%) EMIR
5 3 (17.65%) Dodd-Frank
6 2 (11.76%) Test Strategy
6 2 (11.76%) Relational Database
6 2 (11.76%) User Acceptance Testing
6 2 (11.76%) Reference Data
6 2 (11.76%) Project Planning
7 1 (5.88%) Mainframe
7 1 (5.88%) Oracle
7 1 (5.88%) SQL Server
7 1 (5.88%) PRINCE2
7 1 (5.88%) IBM
7 1 (5.88%) Calypso
7 1 (5.88%) PRINCE2 Certification
7 1 (5.88%) Summit
7 1 (5.88%) Migration
7 1 (5.88%) GAP Analysis
7 1 (5.88%) JIRA
7 1 (5.88%) MS PowerPoint
7 1 (5.88%) Asset Management
7 1 (5.88%) Data Integration
7 1 (5.88%) Investment Management
7 1 (5.88%) Time Management
7 1 (5.88%) Analytical Skills

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

For the 6 months to 2 July 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 (5.88%) MS PowerPoint
Business Applications
1 1 (5.88%) Summit
Database & Business Intelligence
1 2 (11.76%) Relational Database
2 1 (5.88%) SQL Server
Development Applications
1 1 (5.88%) JIRA
General
1 10 (58.82%) Finance
2 9 (52.94%) Banking
3 5 (29.41%) Investment Banking
Job Titles
1 11 (64.71%) Analyst
2 10 (58.82%) Business Analyst
3 2 (11.76%) Project Manager
4 1 (5.88%) Architect
4 1 (5.88%) Solutions Architect
4 1 (5.88%) Data Analyst
4 1 (5.88%) Business Project Manager
4 1 (5.88%) Business Manager
4 1 (5.88%) IT Business Analyst
4 1 (5.88%) Banking Business Analyst
Miscellaneous
1 2 (11.76%) Reference Data
2 1 (5.88%) Data Integration
2 1 (5.88%) Analytical Skills
2 1 (5.88%) Mainframe
Processes & Methodologies
1 7 (41.18%) Business Analysis
2 5 (29.41%) Project Management
2 5 (29.41%) Stakeholder Management
3 2 (11.76%) Project Planning
3 2 (11.76%) User Acceptance Testing
3 2 (11.76%) Test Strategy
4 1 (5.88%) PRINCE2
4 1 (5.88%) Investment Management
4 1 (5.88%) Time Management
4 1 (5.88%) Asset Management
4 1 (5.88%) GAP Analysis
4 1 (5.88%) Migration
Qualifications
1 1 (5.88%) PRINCE2 Certification
Quality Assurance & Compliance
1 3 (17.65%) EMIR
1 3 (17.65%) Dodd-Frank
Vendors
1 1 (5.88%) Oracle
1 1 (5.88%) IBM
1 1 (5.88%) Calypso