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 September 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 Sep 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 620 595 596
Rank change year-on-year
-25 +1
Contract jobs citing COREP 4 28 22
As % of all contract IT jobs located in England 0.008% 0.053% 0.042%
As % of the Quality Assurance & Compliance category 0.084% 0.55% 0.44%
Number of daily rates quoted 3 23 18
Median daily rate £600 £550 £508
Median daily rate % change year-on-year
+9.09% +8.37%
90% offered a daily rate of more than £520 £525 £428
10% offered a daily rate of more than £620 £625 £550
UK excluding London median daily rate £538 £538 £515
% change year-on-year
- +4.36%
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
4751 5086 4972
As % of all contract IT jobs located in England 9.59% 9.66% 9.38%
Number of daily rates quoted 3118 3159 3142
Median daily rate £425 £440 £420
Median daily rate % change year-on-year
-3.40% +4.76%
90% offered a daily rate of more than £255 £275 £241
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 177 209 221
Median hourly rate £28.15 £23.00 £20.00
Median hourly rate % change year-on-year
+22.39% +15.00%
90% offered a hourly rate of more than £9.19 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £48.00 £45.00
UK excluding London median hourly rate £32.00 £28.00 £20.00
% change year-on-year
+14.28% +40.00%

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
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 September 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
South West +15 2 £625 -2.91%
London -2 2 £550 -
COREP
UK

COREP
Top 30 Related IT Skills in England

For the 6 months to 30 September 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 15 (78.95%) Finance
2 10 (52.63%) Banking
3 9 (47.37%) Credit Risk
4 8 (42.11%) Project Management
5 7 (36.84%) Basel III
5 7 (36.84%) CRD IV
5 7 (36.84%) FINREP
6 6 (31.58%) Test Scripting
6 6 (31.58%) Market Risk
6 6 (31.58%) Migration
7 5 (26.32%) Investment Banking
7 5 (26.32%) Stress Testing
8 4 (21.05%) Translating Business Requirements
8 4 (21.05%) Security Testing
8 4 (21.05%) Disaster Recovery
8 4 (21.05%) Management Information System
8 4 (21.05%) Front Office
8 4 (21.05%) Basel II
9 3 (15.79%) SQL
9 3 (15.79%) Data Modelling
9 3 (15.79%) Risk Management
9 3 (15.79%) Business Analysis
9 3 (15.79%) Agile Software Development
9 3 (15.79%) Retail
9 3 (15.79%) Data Management
10 2 (10.53%) General Ledger
10 2 (10.53%) Software Testing
10 2 (10.53%) IT Governance
10 2 (10.53%) HP Quality Center
10 2 (10.53%) Data Migration

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 (5.26%) CICS
1 1 (5.26%) SAS
Applications
1 1 (5.26%) MS Excel
Database & Business Intelligence
1 2 (10.53%) Data Mining
2 1 (5.26%) BusinessObjects
2 1 (5.26%) Data Warehouse
2 1 (5.26%) DB2
General
1 15 (78.95%) Finance
2 10 (52.63%) Banking
3 5 (26.32%) Investment Banking
4 4 (21.05%) Front Office
5 3 (15.79%) Retail
6 2 (10.53%) Back Office
6 2 (10.53%) Corporate Banking
6 2 (10.53%) General Ledger
7 1 (5.26%) Retail Banking
Job Titles
1 13 (68.42%) Analyst
2 11 (57.89%) Business Analyst
3 6 (31.58%) Report Analyst
3 6 (31.58%) Risk Analyst
4 5 (26.32%) Regulatory Business Analyst
4 5 (26.32%) Regulatory Reporting Business Analyst
4 5 (26.32%) Risk Business Analyst
5 4 (21.05%) Liquidity Business Analyst
5 4 (21.05%) Project Manager
5 4 (21.05%) Report Manager
6 3 (15.79%) IT Manager
6 3 (15.79%) IT Project Manager
7 2 (10.53%) Test Analyst
8 1 (5.26%) Credit Risk Analyst
8 1 (5.26%) Financial Analyst
8 1 (5.26%) Financial Business Analyst
8 1 (5.26%) IT Business Analyst
8 1 (5.26%) Metrics Analyst
8 1 (5.26%) Senior Business Analyst
8 1 (5.26%) Service Analyst
Libraries, Frameworks & Software Standards
1 1 (5.26%) Middleware
1 1 (5.26%) Web Services
Miscellaneous
1 9 (47.37%) Credit Risk
2 6 (31.58%) Market Risk
3 4 (21.05%) Management Information System
4 2 (10.53%) Analytical Skills
5 1 (5.26%) Contract for Difference
5 1 (5.26%) Derivative
5 1 (5.26%) Equities
5 1 (5.26%) Fixed Income
5 1 (5.26%) Foreign Exchange (FX)
5 1 (5.26%) SWIFT
5 1 (5.26%) Taxonomies
Processes & Methodologies
1 8 (42.11%) Project Management
2 6 (31.58%) Migration
2 6 (31.58%) Test Scripting
3 5 (26.32%) Stress Testing
4 4 (21.05%) Disaster Recovery
4 4 (21.05%) Security Testing
4 4 (21.05%) Translating Business Requirements
5 3 (15.79%) Agile Software Development
5 3 (15.79%) Business Analysis
5 3 (15.79%) Data Management
5 3 (15.79%) Data Modelling
5 3 (15.79%) Risk Management
6 2 (10.53%) Data Lineage
6 2 (10.53%) Data Migration
6 2 (10.53%) Defect Management
6 2 (10.53%) IT Governance
6 2 (10.53%) Software Testing
6 2 (10.53%) Stakeholder Management
6 2 (10.53%) Technical Analysis
7 1 (5.26%) Cash Management
Programming Languages
1 3 (15.79%) SQL
2 1 (5.26%) COBOL
2 1 (5.26%) JCL
Qualifications
1 1 (5.26%) Degree
Quality Assurance & Compliance
1 7 (36.84%) Basel III
1 7 (36.84%) CRD IV
1 7 (36.84%) FINREP
2 4 (21.05%) Basel II
3 2 (10.53%) Data Quality
4 1 (5.26%) SEPA
Systems Management
1 2 (10.53%) HP Quality Center
Vendors
1 1 (5.26%) Microsoft
1 1 (5.26%) SAP