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 27 February 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
27 Feb 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 174 195 185
Rank change year-on-year
+21 -10
Contract jobs citing FATCA 10 5 9
As % of all contract IT jobs located in the City of London 0.19% 0.086% 0.16%
As % of the Quality Assurance & Compliance category 2.51% 0.93% 1.93%
Number of daily rates quoted 8 5 9
Average daily rate
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£475 £550 £550
Average daily rate % change year-on-year
-13.63% -
90% offered a daily rate of more than £326 £528 £476
10% offered a daily rate of more than £633 £630 £600
UK excluding London average daily rate £500 £414 £331
% change year-on-year
+20.84% +24.90%
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
399 535 467
As % of all contract IT jobs located in the City of London 7.77% 9.22% 8.17%
Number of daily rates quoted 283 356 327
Average daily rate £445 £475 £450
Average daily rate % change year-on-year
-6.31% +5.55%
90% offered a daily rate of more than £243 £301 £300
10% offered a daily rate of more than £580 £600 £600
UK excluding London average daily rate £380 £368 £330
% change year-on-year
+3.40% +11.36%
Number of hourly rates quoted 0 6 14
Average hourly rate - £18.10 £90.50
Average hourly rate % change year-on-year
- -80.00%
UK excluding London average hourly rate £18.50 £16.00 £20.00
% change year-on-year
+15.62% -20.00%

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 27 February 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 27 February 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 8 (53.33%) Banking
2 7 (46.67%) Finance
3 5 (33.33%) Investment Banking
3 5 (33.33%) Dodd-Frank
4 4 (26.67%) EMIR
4 4 (26.67%) Business Analysis
5 2 (13.33%) Retail Banking
5 2 (13.33%) User Acceptance Testing
5 2 (13.33%) Agile Software Development
5 2 (13.33%) Test Strategy
5 2 (13.33%) SQL Server
5 2 (13.33%) Project Management
5 2 (13.33%) PRINCE2
5 2 (13.33%) Retail
5 2 (13.33%) GAP Analysis
6 1 (6.67%) Management Information System
6 1 (6.67%) Asset Management
6 1 (6.67%) Data Management
6 1 (6.67%) SQL Server Reporting Services
6 1 (6.67%) Stakeholder Management
6 1 (6.67%) Scrum
6 1 (6.67%) Programme Management
6 1 (6.67%) Summit
6 1 (6.67%) Windows
6 1 (6.67%) ETL
6 1 (6.67%) Calypso
6 1 (6.67%) ISEB
6 1 (6.67%) PRINCE2 Certification
6 1 (6.67%) PMP
6 1 (6.67%) PMI Certification

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

For the 6 months to 27 February 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.

Business Applications
1 1 (6.67%) Summit
Database & Business Intelligence
1 2 (13.33%) SQL Server
2 1 (6.67%) SQL Server Reporting Services
2 1 (6.67%) SQL Server Integration Services
2 1 (6.67%) SQL Server Analysis Services
Development Applications
1 1 (6.67%) JIRA
General
1 8 (53.33%) Banking
2 7 (46.67%) Finance
3 5 (33.33%) Investment Banking
4 2 (13.33%) Retail Banking
4 2 (13.33%) Retail
5 1 (6.67%) Private Banking
Job Titles
1 8 (53.33%) Analyst
2 7 (46.67%) Business Analyst
3 2 (13.33%) Project Manager
4 1 (6.67%) Architect
4 1 (6.67%) Programme Manager
4 1 (6.67%) Developer
4 1 (6.67%) Test Analyst
4 1 (6.67%) SQL Developer
4 1 (6.67%) Business Architect
4 1 (6.67%) SQL Server Developer
4 1 (6.67%) Functional Analyst
4 1 (6.67%) IT Business Analyst
4 1 (6.67%) Banking Business Analyst
4 1 (6.67%) Functional Test Analyst
4 1 (6.67%) Investment Banking Business Analyst
Miscellaneous
1 1 (6.67%) Management Information System
1 1 (6.67%) Credit Risk
1 1 (6.67%) Reference Data
1 1 (6.67%) Data Integration
Operating Systems
1 1 (6.67%) Windows
Processes & Methodologies
1 4 (26.67%) Business Analysis
2 2 (13.33%) User Acceptance Testing
2 2 (13.33%) Test Strategy
2 2 (13.33%) Project Management
2 2 (13.33%) GAP Analysis
2 2 (13.33%) PRINCE2
2 2 (13.33%) Agile Software Development
3 1 (6.67%) Asset Management
3 1 (6.67%) Data Management
3 1 (6.67%) ETL
3 1 (6.67%) Stakeholder Management
3 1 (6.67%) Scrum
3 1 (6.67%) Programme Management
3 1 (6.67%) Functional Testing
3 1 (6.67%) ITIL
3 1 (6.67%) Integration Testing
3 1 (6.67%) System Testing
3 1 (6.67%) Dimensional Modelling
3 1 (6.67%) Waterfall
Qualifications
1 1 (6.67%) ISEB
1 1 (6.67%) PRINCE2 Certification
1 1 (6.67%) PMP
1 1 (6.67%) PMI Certification
Quality Assurance & Compliance
1 5 (33.33%) Dodd-Frank
2 4 (26.67%) EMIR
Systems Management
1 1 (6.67%) HP Quality Center
Vendors
1 1 (6.67%) Oracle
1 1 (6.67%) Calypso
City, London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 16 hours ago
City, London
McGregor Boyall
Rate: £500 - £550 per day
Posted: 4 days ago
City of London
Enterprise Partners
Rate: £500 - £650 per annum + competitive
Posted: 11 days ago