The table below looks at the statistics for FATCA skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 2 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
2 Sep 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 546 473 509
Rank change year-on-year
-73 +36
Contract jobs citing FATCA 32 90 67
As % of all contract IT jobs located in England 0.063% 0.18% 0.13%
As % of the Quality Assurance & Compliance category 0.78% 2.45% 1.58%
Number of daily rates quoted 26 80 56
Average daily rate
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of your Daily Rate
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£550 £563 £550
Average daily rate % change year-on-year
-2.22% +2.27%
90% offered a daily rate of more than £425 £400 £395
10% offered a daily rate of more than £638 £675 £700
UK excluding London average daily rate £550 £600 £375
% change year-on-year
-8.33% +60.00%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £24.00
UK excluding London average hourly rate - - -
FATCA
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
4101 3671 4230
As % of all contract IT jobs located in England 8.03% 7.52% 7.98%
Number of daily rates quoted 2525 2201 2382
Average daily rate £413 £425 £425
Average daily rate % change year-on-year
-2.94% -
90% offered a daily rate of more than £230 £265 £249
10% offered a daily rate of more than £568 £625 £600
UK excluding London average daily rate £375 £355 £360
% change year-on-year
+5.63% -1.38%
Number of hourly rates quoted 191 150 215
Average hourly rate £20.00 £17.50 £21.50
Average hourly rate % change year-on-year
+14.28% -18.60%
90% offered a hourly rate of more than £12.00 £11.00 £12.42
10% offered a hourly rate of more than £45.00 £37.50 £40.80
UK excluding London average hourly rate £20.00 £17.50 £21.25
% change year-on-year
+14.28% -17.64%

FATCA
Jobs Demand Trend in England

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

FATCA Jobs Demand Trend in England

FATCA
Daily Rate Trend in England

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

FATCA Daily Rate Trend in England

FATCA
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the England region over the 3 months to 2 September 2014.

FATCA Daily Rate Histogram in England

FATCA
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the England region over the 3 months to 2 September 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -41 27 £550 - 1
Yorkshire - - - -
FATCA
UK

FATCA
Top 30 Related IT Skills in England

For the 6 months to 2 September 2014, IT contractor jobs across the England 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 46 (58.97%) Banking
2 42 (53.85%) Finance
3 22 (28.21%) Investment Banking
3 22 (28.21%) EMIR
4 19 (24.36%) Dodd-Frank
5 18 (23.08%) Business Analysis
6 14 (17.95%) Project Management
7 12 (15.38%) Stakeholder Management
8 9 (11.54%) Change Management
8 9 (11.54%) GAP Analysis
9 8 (10.26%) Legal
9 8 (10.26%) Asset Management
9 8 (10.26%) Requirements Analysis
10 7 (8.97%) MiFID
10 7 (8.97%) COREP
10 7 (8.97%) FINREP
10 7 (8.97%) Front Office
11 6 (7.69%) CIMA
11 6 (7.69%) Sarbanes-Oxley
11 6 (7.69%) ACCA
11 6 (7.69%) Wealth Management
11 6 (7.69%) Hedge funds
12 5 (6.41%) Derivative
12 5 (6.41%) Data Modelling
12 5 (6.41%) ISEB
12 5 (6.41%) Equities
13 4 (5.13%) Retail
13 4 (5.13%) UML
13 4 (5.13%) Equity Derivative
13 4 (5.13%) QA

FATCA
Top Related IT Skills in England by Category

For the 6 months to 2 September 2014, IT contractor jobs across the England 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.

Application Platforms
1 3 (3.85%) SAS
Applications
1 2 (2.56%) MS PowerPoint
2 1 (1.28%) MS Office
2 1 (1.28%) MS Excel
2 1 (1.28%) MS Visio
Database & Business Intelligence
1 3 (3.85%) Data Warehouse
2 1 (1.28%) Oracle Database
General
1 46 (58.97%) Banking
2 42 (53.85%) Finance
3 22 (28.21%) Investment Banking
4 8 (10.26%) Legal
5 7 (8.97%) Front Office
6 4 (5.13%) Retail
7 3 (3.85%) Retail Banking
8 1 (1.28%) Corporate Banking
8 1 (1.28%) Back Office
8 1 (1.28%) Manufacturing
8 1 (1.28%) Financial Institution
Job Titles
1 48 (61.54%) Analyst
2 47 (60.26%) Business Analyst
3 17 (21.79%) Project Manager
4 12 (15.38%) Senior Business Analyst
4 12 (15.38%) Senior Analyst
5 11 (14.10%) Banking Business Analyst
6 7 (8.97%) Financial Business Analyst
7 4 (5.13%) Architect
8 3 (3.85%) Solutions Architect
8 3 (3.85%) Technical Analyst
8 3 (3.85%) Technical Business Analyst
8 3 (3.85%) Investment Banking Business Analyst
9 2 (2.56%) Lead Business Analyst
9 2 (2.56%) Senior Project Manager
9 2 (2.56%) Technical Specialist
9 2 (2.56%) Senior Manager
9 2 (2.56%) Programme Manager
9 2 (2.56%) Consultant
10 1 (1.28%) Data Architect
10 1 (1.28%) Test Manager
Miscellaneous
1 6 (7.69%) Hedge funds
2 5 (6.41%) Equities
2 5 (6.41%) Derivative
3 4 (5.13%) Equity Derivative
4 3 (3.85%) Data Integration
5 2 (2.56%) Reference Data
6 1 (1.28%) Mobile Payment
6 1 (1.28%) Foreign Exchange (FX)
6 1 (1.28%) Fixed Income
Processes & Methodologies
1 18 (23.08%) Business Analysis
2 14 (17.95%) Project Management
3 12 (15.38%) Stakeholder Management
4 9 (11.54%) Change Management
4 9 (11.54%) GAP Analysis
5 8 (10.26%) Requirements Analysis
5 8 (10.26%) Asset Management
6 6 (7.69%) Wealth Management
7 5 (6.41%) Data Modelling
8 4 (5.13%) UML
8 4 (5.13%) User Acceptance Testing
8 4 (5.13%) Data Architecture
9 3 (3.85%) Investment Management
9 3 (3.85%) Agile Software Development
9 3 (3.85%) Scrum
9 3 (3.85%) SOA
9 3 (3.85%) ETL
9 3 (3.85%) Business Intelligence
10 2 (2.56%) Programme Management
10 2 (2.56%) Migration
Programming Languages
1 3 (3.85%) Java
1 3 (3.85%) SQL
Qualifications
1 6 (7.69%) ACCA
1 6 (7.69%) CIMA
2 5 (6.41%) ISEB
3 2 (2.56%) PMP
3 2 (2.56%) PMI Certification
Quality Assurance & Compliance
1 22 (28.21%) EMIR
2 19 (24.36%) Dodd-Frank
3 7 (8.97%) COREP
3 7 (8.97%) FINREP
3 7 (8.97%) MiFID
4 6 (7.69%) Sarbanes-Oxley
5 4 (5.13%) QA
5 4 (5.13%) Basel III
5 4 (5.13%) AIFMD
6 1 (1.28%) Solvency II
6 1 (1.28%) Basel II
6 1 (1.28%) CRD IV
Vendors
1 3 (3.85%) Oracle