The table below looks at the statistics for FINREP 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 FINREP 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
Financial Reporting (FINREP)
Rank 198 226 -
Rank change year-on-year
+28 -
Contract jobs citing FINREP 1 1 0
As % of all contract IT jobs located in the City of London 0.017% 0.014% -
As % of the Quality Assurance & Compliance category 0.22% 0.17% -
Number of daily rates quoted 0 1 0
Average daily rate
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- £500 -
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 - - -
FINREP
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%

FINREP
Jobs Demand Trend in the City of London

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

FINREP Jobs Demand Trend in the City of London

FINREP
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 FINREP across the City of London region.

FINREP Daily Rate Trend in the City of London

FINREP
Top 26 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 FINREP 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 FINREP.

1 5 (100.00%) COREP
2 2 (40.00%) CRD IV
2 2 (40.00%) Finance
2 2 (40.00%) SQL
2 2 (40.00%) Banking
3 1 (20.00%) Data Analysis
3 1 (20.00%) Investment Banking
3 1 (20.00%) Data Mart
3 1 (20.00%) Derivative
3 1 (20.00%) Marketing
3 1 (20.00%) Degree
3 1 (20.00%) Use Case
3 1 (20.00%) Basel III
3 1 (20.00%) Solvency II
3 1 (20.00%) Oracle Database
3 1 (20.00%) Relational Database
3 1 (20.00%) EMIR
3 1 (20.00%) Oracle
3 1 (20.00%) Data Warehouse
3 1 (20.00%) RDBMS
3 1 (20.00%) XBRL
3 1 (20.00%) Foreign Exchange (FX)
3 1 (20.00%) Agile Software Development
3 1 (20.00%) Dodd-Frank
3 1 (20.00%) Analytical Skills
3 1 (20.00%) PL/SQL

FINREP
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 FINREP 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 FINREP. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (20.00%) Data Mart
1 1 (20.00%) Oracle Database
1 1 (20.00%) Relational Database
1 1 (20.00%) Data Warehouse
1 1 (20.00%) RDBMS
General
1 2 (40.00%) Finance
1 2 (40.00%) Banking
2 1 (20.00%) Investment Banking
2 1 (20.00%) Marketing
Job Titles
1 2 (40.00%) Business Analyst
1 2 (40.00%) Analyst
2 1 (20.00%) Business Data Analyst
2 1 (20.00%) Consultant
2 1 (20.00%) Sales Consultant
2 1 (20.00%) Developer
2 1 (20.00%) Project Manager
2 1 (20.00%) Data Analyst
2 1 (20.00%) Pre Sales Consultant
Libraries, Frameworks & Software Standards
1 1 (20.00%) XBRL
Miscellaneous
1 1 (20.00%) Derivative
1 1 (20.00%) Foreign Exchange (FX)
1 1 (20.00%) Analytical Skills
Processes & Methodologies
1 1 (20.00%) Data Analysis
1 1 (20.00%) Use Case
1 1 (20.00%) Agile Software Development
Programming Languages
1 2 (40.00%) SQL
2 1 (20.00%) PL/SQL
Qualifications
1 1 (20.00%) Degree
Quality Assurance & Compliance
1 5 (100.00%) COREP
2 2 (40.00%) CRD IV
3 1 (20.00%) Basel III
3 1 (20.00%) Solvency II
3 1 (20.00%) EMIR
3 1 (20.00%) Dodd-Frank
Vendors
1 1 (20.00%) Oracle