The table below looks at the statistics for FINREP skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited FINREP over the 3 months to 1 October 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
1 Oct 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank 612 633 607
Rank change year-on-year
+21 -26
Contract jobs citing FINREP 5 4 16
As % of all contract IT jobs located in England 0.010% 0.008% 0.030%
As % of the Quality Assurance & Compliance category 0.11% 0.079% 0.32%
Number of daily rates quoted 2 4 13
Median daily rate £613 £606 £515
Median daily rate % change year-on-year
+1.03% +17.71%
90% offered a daily rate of more than £603 £565 £430
10% offered a daily rate of more than £623 £656 £550
UK excluding London median daily rate £413 £613 £515
% change year-on-year
-32.65% +18.93%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FINREP
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
4715 5056 4961
As % of all contract IT jobs located in England 9.64% 9.63% 9.37%
Number of daily rates quoted 3094 3135 3143
Median daily rate £425 £438 £415
Median daily rate % change year-on-year
-2.85% +5.42%
90% offered a daily rate of more than £260 £275 £240
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 172 210 222
Median hourly rate £28.15 £23.00 £20.50
Median hourly rate % change year-on-year
+22.39% +12.19%
90% offered a hourly rate of more than £9.31 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £47.50 £46.20
UK excluding London median hourly rate £32.00 £28.00 £20.50
% change year-on-year
+14.28% +36.58%

FINREP
Jobs Demand Trend in England

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

FINREP Jobs Demand Trend in England

FINREP
Daily Rate Trend in England

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

FINREP Daily Rate Trend in England

FINREP
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 FINREP within the England region over the 3 months to 1 October 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 +9 3 £600 -
South West +15 2 £625 -2.91%
FINREP
UK

FINREP
Top 30 Related IT Skills in England

For the 6 months to 1 October 2016, IT contractor jobs citing FINREP 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 FINREP.

1 9 (100.00%) Finance
2 7 (77.78%) COREP
3 6 (66.67%) Migration
4 4 (44.44%) Stakeholder Management
5 3 (33.33%) Risk Management
5 3 (33.33%) Analytical Skills
5 3 (33.33%) Banking
6 2 (22.22%) Reference Data
6 2 (22.22%) Data Lineage
6 2 (22.22%) Data Migration
6 2 (22.22%) User Acceptance Testing
6 2 (22.22%) Stress Testing
6 2 (22.22%) Security Testing
6 2 (22.22%) Integration Testing
6 2 (22.22%) Test Scripting
6 2 (22.22%) System Integration Testing
6 2 (22.22%) Translating Business Requirements
6 2 (22.22%) Agile Software Development
6 2 (22.22%) HFM
6 2 (22.22%) Essbase
6 2 (22.22%) Project Management
6 2 (22.22%) Basel II
6 2 (22.22%) Regression Testing
6 2 (22.22%) Disaster Recovery
6 2 (22.22%) Management Information System
6 2 (22.22%) Front Office
6 2 (22.22%) VB
6 2 (22.22%) Hyperion
7 1 (11.11%) JCL
7 1 (11.11%) Middleware

FINREP
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 (11.11%) CICS
1 1 (11.11%) SAS
Business Applications
1 2 (22.22%) HFM
Database & Business Intelligence
1 2 (22.22%) Essbase
2 1 (11.11%) DB2
General
1 9 (100.00%) Finance
2 3 (33.33%) Banking
3 2 (22.22%) Front Office
4 1 (11.11%) Retail
4 1 (11.11%) Retail Banking
Job Titles
1 5 (55.56%) Analyst
2 4 (44.44%) Business Analyst
2 4 (44.44%) Risk Analyst
3 3 (33.33%) Risk Business Analyst
4 2 (22.22%) Financial Controller
4 2 (22.22%) Liquidity Business Analyst
4 2 (22.22%) Regulatory Business Analyst
4 2 (22.22%) Regulatory Reporting Business Analyst
4 2 (22.22%) Report Analyst
5 1 (11.11%) Credit Analyst
5 1 (11.11%) Data Analyst
5 1 (11.11%) Finance Business Analyst
5 1 (11.11%) Financial Analyst
5 1 (11.11%) Financial Business Analyst
5 1 (11.11%) Retail Banking Project Manager
5 1 (11.11%) Risk Data Analyst
5 1 (11.11%) SAS Analyst
5 1 (11.11%) SAS Risk Analyst
5 1 (11.11%) SQL Analyst
5 1 (11.11%) Systems Manager
Libraries, Frameworks & Software Standards
1 1 (11.11%) Middleware
1 1 (11.11%) Web Services
Miscellaneous
1 3 (33.33%) Analytical Skills
2 2 (22.22%) Management Information System
2 2 (22.22%) Reference Data
3 1 (11.11%) Credit Risk
3 1 (11.11%) SWIFT
3 1 (11.11%) Taxonomies
Processes & Methodologies
1 6 (66.67%) Migration
2 4 (44.44%) Stakeholder Management
3 3 (33.33%) Risk Management
4 2 (22.22%) Agile Software Development
4 2 (22.22%) Data Lineage
4 2 (22.22%) Data Migration
4 2 (22.22%) Disaster Recovery
4 2 (22.22%) Integration Testing
4 2 (22.22%) Project Management
4 2 (22.22%) Regression Testing
4 2 (22.22%) Security Testing
4 2 (22.22%) Stress Testing
4 2 (22.22%) System Integration Testing
4 2 (22.22%) Test Scripting
4 2 (22.22%) Translating Business Requirements
4 2 (22.22%) User Acceptance Testing
5 1 (11.11%) Cash Management
5 1 (11.11%) Credit Risk Management
5 1 (11.11%) Data Management
5 1 (11.11%) PDM
Programming Languages
1 2 (22.22%) VB
2 1 (11.11%) COBOL
2 1 (11.11%) JCL
2 1 (11.11%) SQL
Quality Assurance & Compliance
1 7 (77.78%) COREP
2 2 (22.22%) Basel II
3 1 (11.11%) SEPA
Vendors
1 2 (22.22%) Hyperion
2 1 (11.11%) SAP