The table below looks at the statistics for COREP skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited COREP over the 3 months to 30 August 2016 with a comparison to the same period over 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.

3 months to
30 Aug 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 626 610 598
Rank change year-on-year
-16 -12
Contract jobs citing COREP 7 28 18
As % of all contract IT jobs located in England 0.014% 0.054% 0.036%
As % of the Quality Assurance & Compliance category 0.15% 0.57% 0.37%
Number of daily rates quoted 6 23 14
Median daily rate £600 £550 £550
Median daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £500 £505 £473
10% offered a daily rate of more than £675 £648 £600
UK excluding London median daily rate £450 £544 £550
% change year-on-year
-17.24% -1.13%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
COREP
UK

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 England region.

Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4685 4918 4908
As % of all contract IT jobs located in England 9.33% 9.43% 9.75%
Number of daily rates quoted 3032 3137 3051
Median daily rate £425 £428 £425
Median daily rate % change year-on-year
-0.58% +0.58%
90% offered a daily rate of more than £250 £265 £243
10% offered a daily rate of more than £575 £600 £575
UK excluding London median daily rate £400 £409 £380
% change year-on-year
-2.14% +7.56%
Number of hourly rates quoted 175 195 203
Median hourly rate £28.00 £21.55 £20.00
Median hourly rate % change year-on-year
+29.93% +7.75%
90% offered a hourly rate of more than £11.31 £11.92 £12.15
10% offered a hourly rate of more than £45.55 £55.50 £43.00
UK excluding London median hourly rate £28.15 £24.00 £20.00
% change year-on-year
+17.29% +20.00%

COREP
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing COREP as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

COREP Jobs Demand Trend in England

COREP
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing COREP across the England region.

COREP Daily Rate Trend in England

COREP
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP across the England region over the 3 months to 30 August 2016.

COREP Daily Rate Histogram in England

COREP
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing COREP within the England region over the 3 months to 30 August 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -27 6 £600 +9.09% 1
South West +10 1 - -
COREP
UK

COREP
Top 30 Related IT Skills in England

For the 6 months to 30 August 2016, IT contractor jobs citing COREP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the England region with a requirement for COREP.

1 19 (82.61%) Finance
2 13 (56.52%) Project Management
3 10 (43.48%) Credit Risk
3 10 (43.48%) FINREP
4 9 (39.13%) Banking
4 9 (39.13%) Front Office
5 8 (34.78%) Test Scripting
5 8 (34.78%) Basel III
5 8 (34.78%) CRD IV
6 7 (30.43%) Market Risk
6 7 (30.43%) Migration
7 6 (26.09%) Disaster Recovery
7 6 (26.09%) Management Information System
7 6 (26.09%) Basel II
7 6 (26.09%) Stress Testing
7 6 (26.09%) Security Testing
7 6 (26.09%) Agile Software Development
7 6 (26.09%) Translating Business Requirements
8 5 (21.74%) Investment Banking
8 5 (21.74%) Back Office
9 4 (17.39%) Risk Management
9 4 (17.39%) Data Warehouse
9 4 (17.39%) Cash Management
10 3 (13.04%) Business Analysis
10 3 (13.04%) Data Management
10 3 (13.04%) Data Modelling
10 3 (13.04%) Data Mining
10 3 (13.04%) SQL
10 3 (13.04%) ITIL
10 3 (13.04%) Legal

COREP
Top Related IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (4.35%) CICS
1 1 (4.35%) SAS
Applications
1 1 (4.35%) MS Excel
Database & Business Intelligence
1 4 (17.39%) Data Warehouse
2 3 (13.04%) Data Mining
3 1 (4.35%) BusinessObjects
3 1 (4.35%) DB2
General
1 19 (82.61%) Finance
2 9 (39.13%) Banking
2 9 (39.13%) Front Office
3 5 (21.74%) Back Office
3 5 (21.74%) Investment Banking
4 3 (13.04%) Legal
5 2 (8.70%) Corporate Banking
5 2 (8.70%) General Ledger
5 2 (8.70%) Retail
Job Titles
1 15 (65.22%) Analyst
2 13 (56.52%) Business Analyst
3 8 (34.78%) Report Analyst
3 8 (34.78%) Risk Analyst
4 7 (30.43%) Regulatory Business Analyst
4 7 (30.43%) Regulatory Reporting Business Analyst
4 7 (30.43%) Risk Business Analyst
5 6 (26.09%) Project Manager
6 5 (21.74%) Liquidity Business Analyst
7 4 (17.39%) Report Manager
8 3 (13.04%) IT Manager
8 3 (13.04%) IT Project Manager
9 2 (8.70%) Test Analyst
10 1 (4.35%) Data Analyst
10 1 (4.35%) Financial Business Analyst
10 1 (4.35%) IT Business Analyst
10 1 (4.35%) Senior Analyst
10 1 (4.35%) Senior Business Analyst
10 1 (4.35%) Service Analyst
10 1 (4.35%) Systems Manager
Libraries, Frameworks & Software Standards
1 1 (4.35%) Middleware
1 1 (4.35%) Web Services
Miscellaneous
1 10 (43.48%) Credit Risk
2 7 (30.43%) Market Risk
3 6 (26.09%) Management Information System
4 2 (8.70%) Analytical Skills
5 1 (4.35%) Contract for Difference
5 1 (4.35%) Derivative
5 1 (4.35%) Equities
5 1 (4.35%) Fixed Income
5 1 (4.35%) Foreign Exchange (FX)
5 1 (4.35%) SWIFT
5 1 (4.35%) Taxonomies
Processes & Methodologies
1 13 (56.52%) Project Management
2 8 (34.78%) Test Scripting
3 7 (30.43%) Migration
4 6 (26.09%) Agile Software Development
4 6 (26.09%) Disaster Recovery
4 6 (26.09%) Security Testing
4 6 (26.09%) Stress Testing
4 6 (26.09%) Translating Business Requirements
5 4 (17.39%) Cash Management
5 4 (17.39%) Risk Management
6 3 (13.04%) Business Analysis
6 3 (13.04%) Data Management
6 3 (13.04%) Data Modelling
6 3 (13.04%) ITIL
7 2 (8.70%) Data Lineage
7 2 (8.70%) Defect Management
7 2 (8.70%) IT Governance
7 2 (8.70%) Software Testing
7 2 (8.70%) Technical Analysis
8 1 (4.35%) Credit Risk Management
Programming Languages
1 3 (13.04%) SQL
2 1 (4.35%) COBOL
2 1 (4.35%) JCL
Qualifications
1 1 (4.35%) Degree
Quality Assurance & Compliance
1 10 (43.48%) FINREP
2 8 (34.78%) Basel III
2 8 (34.78%) CRD IV
3 6 (26.09%) Basel II
4 2 (8.70%) Data Quality
5 1 (4.35%) SEPA
Systems Management
1 2 (8.70%) HP Quality Center
Vendors
1 1 (4.35%) Microsoft