The table below looks at the statistics for FATCA skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited FATCA over the 3 months to 2 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
2 May 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 565 538 540
Rank change year-on-year
-27 +2
Contract jobs citing FATCA 47 75 55
As % of all contract IT jobs located in England 0.092% 0.15% 0.11%
As % of the Quality Assurance & Compliance category 1.05% 1.61% 1.19%
Number of daily rates quoted 32 51 39
Median daily rate £400 £575 £525
Median daily rate % change year-on-year
-30.43% +9.52%
90% offered a daily rate of more than £313 £350 £396
10% offered a daily rate of more than £645 £700 £603
UK excluding London median daily rate £297 £400 £400
% change year-on-year
-25.75% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
4475 4666 4639
As % of all contract IT jobs located in England 8.76% 9.06% 9.20%
Number of daily rates quoted 2894 2878 2856
Median daily rate £425 £413 £415
Median daily rate % change year-on-year
+3.03% -0.60%
90% offered a daily rate of more than £265 £260 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 176 151 204
Median hourly rate £24.75 £26.00 £20.56
Median hourly rate % change year-on-year
-4.80% +26.44%
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £52.50 £47.33 £45.00
UK excluding London median hourly rate £33.00 £29.00 £21.00
% change year-on-year
+13.79% +38.09%

FATCA
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing FATCA as a proportion of all IT contracts with a match in 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 May 2016.

FATCA Daily Rate Histogram in England

FATCA
Hourly Rate Trend in England

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

FATCA Hourly Rate Trend in England

FATCA
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 FATCA within the England region over the 3 months to 2 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 -49 39 £400 -33.33% 2
Yorkshire +6 3 £255 -46.31%
North West -5 2 £269 -29.85%
South East - 2 £338 -
North East - 1 - -
FATCA
UK

FATCA
Top 30 Related IT Skills in England

For the 6 months to 2 May 2016, IT contractor jobs citing FATCA 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 FATCA.

1 64 (60.38%) Banking
2 58 (54.72%) Finance
3 40 (37.74%) Business Analysis
4 34 (32.08%) Investment Banking
5 29 (27.36%) Stakeholder Management
6 28 (26.42%) MiFID
7 25 (23.58%) KYC
8 22 (20.75%) Anti-Money Laundering
9 21 (19.81%) EMIR
10 19 (17.92%) Analytical Skills
11 15 (14.15%) Dodd-Frank
12 14 (13.21%) Business Intelligence
13 13 (12.26%) User Acceptance Testing
13 13 (12.26%) Billing
13 13 (12.26%) Project Management
13 13 (12.26%) Cash Management
14 12 (11.32%) Target Operating Model
15 11 (10.38%) SQL
16 10 (9.43%) Microsoft
16 10 (9.43%) Degree
17 9 (8.49%) Software Delivery
17 9 (8.49%) CRD IV
17 9 (8.49%) Retail
17 9 (8.49%) GAP Analysis
18 8 (7.55%) Quality Management
18 8 (7.55%) Legal
18 8 (7.55%) Oracle
18 8 (7.55%) Derivative
18 8 (7.55%) Asset Management
18 8 (7.55%) QA

FATCA
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 (2.83%) SharePoint
Applications
1 7 (6.60%) MS Office
2 4 (3.77%) MS Excel
2 4 (3.77%) MS Project
2 4 (3.77%) MS Visio
3 2 (1.89%) MS PowerPoint
Business Applications
1 1 (0.94%) Global One
1 1 (0.94%) Loan IQ
1 1 (0.94%) Summit
Communications & Networking
1 1 (0.94%) HTTPS
Database & Business Intelligence
1 2 (1.89%) Data Warehouse
2 1 (0.94%) Data Mining
2 1 (0.94%) OLTP
2 1 (0.94%) Oracle Database
2 1 (0.94%) Oracle Reports
2 1 (0.94%) QlikView
2 1 (0.94%) SQL Server
Development Applications
1 1 (0.94%) JIRA
General
1 64 (60.38%) Banking
2 58 (54.72%) Finance
3 34 (32.08%) Investment Banking
4 13 (12.26%) Billing
5 9 (8.49%) Retail
6 8 (7.55%) Legal
7 6 (5.66%) Financial Institution
8 3 (2.83%) Back Office
8 3 (2.83%) Retail Banking
9 2 (1.89%) Front Office
10 1 (0.94%) General Ledger
10 1 (0.94%) International Banking
10 1 (0.94%) Wholesale Banking
Job Titles
1 79 (74.53%) Analyst
2 73 (68.87%) Business Analyst
3 24 (22.64%) Banking Analyst
4 22 (20.75%) Banking Business Analyst
5 19 (17.92%) Financial Analyst
6 18 (16.98%) Finance Business Analyst
7 16 (15.09%) Service Analyst
8 14 (13.21%) Financial Business Analyst
8 14 (13.21%) Financial Services Business Analyst
9 13 (12.26%) MiFID Business Analyst
10 12 (11.32%) Project Manager
11 10 (9.43%) IT Analyst
12 9 (8.49%) Business IT Analyst
12 9 (8.49%) IT Business Analyst
12 9 (8.49%) Regulatory Business Analyst
13 7 (6.60%) Report Analyst
13 7 (6.60%) Treasury Business Analyst
14 5 (4.72%) Architect
14 5 (4.72%) Senior Analyst
14 5 (4.72%) Senior Business Analyst
Miscellaneous
1 19 (17.92%) Analytical Skills
2 8 (7.55%) Derivative
3 3 (2.83%) Reference Data
4 2 (1.89%) Equities
4 2 (1.89%) Foreign Exchange (FX)
5 1 (0.94%) Computer Science
5 1 (0.94%) Data Extraction
5 1 (0.94%) Enterprise Software
5 1 (0.94%) Equity Derivative
5 1 (0.94%) Fintech
5 1 (0.94%) Fixed Income
5 1 (0.94%) Management Information System
5 1 (0.94%) Market Risk
5 1 (0.94%) PMI
Operating Systems
1 1 (0.94%) Unix
Processes & Methodologies
1 40 (37.74%) Business Analysis
2 29 (27.36%) Stakeholder Management
3 25 (23.58%) KYC
4 22 (20.75%) Anti-Money Laundering
5 14 (13.21%) Business Intelligence
6 13 (12.26%) Cash Management
6 13 (12.26%) Project Management
6 13 (12.26%) User Acceptance Testing
7 12 (11.32%) Target Operating Model
8 9 (8.49%) GAP Analysis
8 9 (8.49%) Software Delivery
9 8 (7.55%) Asset Management
9 8 (7.55%) Quality Management
9 8 (7.55%) SDLC
9 8 (7.55%) Stakeholder Engagement
10 7 (6.60%) Change Management
11 6 (5.66%) Agile Software Development
11 6 (5.66%) Data Analysis
12 5 (4.72%) Data Modelling
13 4 (3.77%) ETL
Programming Languages
1 11 (10.38%) SQL
2 2 (1.89%) PL/SQL
3 1 (0.94%) R
3 1 (0.94%) VBA
Qualifications
1 10 (9.43%) Degree
2 2 (1.89%) ACCA
2 2 (1.89%) CIMA
2 2 (1.89%) ISEB
3 1 (0.94%) IIBA
3 1 (0.94%) PMI Certification
Quality Assurance & Compliance
1 28 (26.42%) MiFID
2 21 (19.81%) EMIR
3 15 (14.15%) Dodd-Frank
4 9 (8.49%) CRD IV
5 8 (7.55%) QA
6 7 (6.60%) Basel II
7 4 (3.77%) AIFMD
8 3 (2.83%) Data Quality
9 2 (1.89%) Solvency II
10 1 (0.94%) Basel III
10 1 (0.94%) UCITS
Systems Management
1 5 (4.72%) HP Quality Center
Vendors
1 10 (9.43%) Microsoft
2 8 (7.55%) Oracle
3 4 (3.77%) Informatica
3 4 (3.77%) Teradata
4 3 (2.83%) LexisNexis
5 2 (1.89%) Calypso
6 1 (0.94%) IBM
6 1 (0.94%) Murex
6 1 (0.94%) Pega