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 31 May 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
31 May 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 598 577 571
Rank change year-on-year
-21 -6
Contract jobs citing COREP 15 28 24
As % of all contract IT jobs located in England 0.030% 0.057% 0.049%
As % of the Quality Assurance & Compliance category 0.34% 0.60% 0.53%
Number of daily rates quoted 12 25 20
Median daily rate £675 £575 £544
Median daily rate % change year-on-year
+17.39% +5.74%
90% offered a daily rate of more than £540 £397 £441
10% offered a daily rate of more than £698 £700 £625
UK excluding London median daily rate £480 £550 £501
% change year-on-year
-12.72% +9.89%
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
4472 4637 4559
As % of all contract IT jobs located in England 9.08% 9.41% 9.39%
Number of daily rates quoted 2895 2999 2822
Median daily rate £430 £420 £413
Median daily rate % change year-on-year
+2.26% +1.81%
90% offered a daily rate of more than £270 £263 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 187 152 208
Median hourly rate £24.00 £21.55 £21.50
Median hourly rate % change year-on-year
+11.36% +0.23%
90% offered a hourly rate of more than £11.64 £12.18 £11.91
10% offered a hourly rate of more than £47.50 £56.00 £45.00
UK excluding London median hourly rate £27.62 £25.00 £21.00
% change year-on-year
+10.48% +19.04%

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 31 May 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 31 May 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 +2 12 £675 +22.72% 1
North East - 2 £540 -
Yorkshire -2 1 £385 +7.69%
COREP
UK

COREP
Top 30 Related IT Skills in England

For the 6 months to 31 May 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 21 (77.78%) Finance
2 12 (44.44%) Banking
3 11 (40.74%) Project Management
3 11 (40.74%) FINREP
4 9 (33.33%) CRD IV
4 9 (33.33%) Front Office
4 9 (33.33%) Credit Risk
5 8 (29.63%) Investment Banking
5 8 (29.63%) Basel II
6 7 (25.93%) Back Office
6 7 (25.93%) Test Scripting
6 7 (25.93%) Translating Business Requirements
6 7 (25.93%) Stress Testing
6 7 (25.93%) Basel III
7 6 (22.22%) Security Testing
7 6 (22.22%) Market Risk
7 6 (22.22%) Agile Software Development
7 6 (22.22%) Migration
7 6 (22.22%) Disaster Recovery
7 6 (22.22%) Management Information System
8 4 (14.81%) Risk Management
8 4 (14.81%) Data Warehouse
8 4 (14.81%) Data Mining
8 4 (14.81%) General Ledger
8 4 (14.81%) IT Governance
8 4 (14.81%) Cash Management
8 4 (14.81%) Technical Analysis
9 3 (11.11%) Analytical Skills
9 3 (11.11%) Business Analysis
9 3 (11.11%) Retail

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 3 (11.11%) SAS
2 1 (3.70%) CICS
Database & Business Intelligence
1 4 (14.81%) Data Mining
1 4 (14.81%) Data Warehouse
2 1 (3.70%) BusinessObjects
2 1 (3.70%) DB2
General
1 21 (77.78%) Finance
2 12 (44.44%) Banking
3 9 (33.33%) Front Office
4 8 (29.63%) Investment Banking
5 7 (25.93%) Back Office
6 4 (14.81%) General Ledger
7 3 (11.11%) Legal
7 3 (11.11%) Retail
8 2 (7.41%) Corporate Banking
Job Titles
1 19 (70.37%) Analyst
2 16 (59.26%) Business Analyst
3 11 (40.74%) Report Analyst
4 9 (33.33%) Regulatory Business Analyst
4 9 (33.33%) Regulatory Reporting Business Analyst
4 9 (33.33%) Risk Analyst
5 7 (25.93%) Liquidity Business Analyst
6 6 (22.22%) Risk Business Analyst
7 5 (18.52%) Project Manager
8 3 (11.11%) Senior Analyst
9 2 (7.41%) Architect
9 2 (7.41%) IT Business Analyst
9 2 (7.41%) IT Manager
9 2 (7.41%) IT Project Manager
9 2 (7.41%) Report Manager
9 2 (7.41%) Senior Risk Analyst
9 2 (7.41%) Solutions Architect
10 1 (3.70%) Business Data Analyst
10 1 (3.70%) SAS Data Analyst
10 1 (3.70%) SQL Data Analyst
Libraries, Frameworks & Software Standards
1 1 (3.70%) Middleware
1 1 (3.70%) Web Services
Miscellaneous
1 9 (33.33%) Credit Risk
2 6 (22.22%) Management Information System
2 6 (22.22%) Market Risk
3 3 (11.11%) Analytical Skills
4 1 (3.70%) Contract for Difference
4 1 (3.70%) Data Integration
4 1 (3.70%) Derivative
4 1 (3.70%) Equities
4 1 (3.70%) Fixed Income
4 1 (3.70%) Foreign Exchange (FX)
4 1 (3.70%) Reference Data
4 1 (3.70%) SWIFT
4 1 (3.70%) Taxonomies
Operating Systems
1 1 (3.70%) Unix
Processes & Methodologies
1 11 (40.74%) Project Management
2 7 (25.93%) Stress Testing
2 7 (25.93%) Test Scripting
2 7 (25.93%) Translating Business Requirements
3 6 (22.22%) Agile Software Development
3 6 (22.22%) Disaster Recovery
3 6 (22.22%) Migration
3 6 (22.22%) Security Testing
4 4 (14.81%) Cash Management
4 4 (14.81%) IT Governance
4 4 (14.81%) Risk Management
4 4 (14.81%) Technical Analysis
5 3 (11.11%) Business Analysis
5 3 (11.11%) ITIL
6 2 (7.41%) BPR
6 2 (7.41%) Data Management
6 2 (7.41%) Data Modelling
6 2 (7.41%) SDLC
6 2 (7.41%) Stakeholder Management
7 1 (3.70%) Stakeholder Engagement
Programming Languages
1 1 (3.70%) COBOL
1 1 (3.70%) JCL
1 1 (3.70%) Shell Script
1 1 (3.70%) SQL
Qualifications
1 1 (3.70%) Degree
Quality Assurance & Compliance
1 11 (40.74%) FINREP
2 9 (33.33%) CRD IV
3 8 (29.63%) Basel II
4 7 (25.93%) Basel III
5 2 (7.41%) Data Quality
6 1 (3.70%) SEPA
Vendors
1 1 (3.70%) Microsoft
1 1 (3.70%) Oracle