The table below looks at the statistics for COREP skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 31 July 2015 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
31 Jul 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 408 413 400
Rank change year-on-year
+5 -13
Contract jobs citing COREP 17 10 20
As % of all contract IT jobs located in London 0.072% 0.043% 0.082%
As % of the Quality Assurance & Compliance category 0.86% 0.55% 0.98%
Number of daily rates quoted 14 7 17
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £600 £575
Average daily rate % change year-on-year
-8.33% +4.34%
90% offered a daily rate of more than £538 £510 £442
10% offered a daily rate of more than £643 £600 £610
UK excluding London average daily rate £575 £538 £450
% change year-on-year
+6.92% +19.50%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
COREP
England

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1971 1826 2042
As % of all contract IT jobs located in London 8.40% 7.76% 8.42%
Number of daily rates quoted 1405 1256 1435
Average daily rate £475 £435 £475
Average daily rate % change year-on-year
+9.19% -8.42%
90% offered a daily rate of more than £275 £263 £300
10% offered a daily rate of more than £625 £600 £650
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 26 20 24
Average hourly rate £21.50 £19.00 £23.40
Average hourly rate % change year-on-year
+13.15% -18.80%
90% offered a hourly rate of more than £14.00 £12.95 £12.79
10% offered a hourly rate of more than £66.40 £63.25 £42.10
UK excluding London average hourly rate £21.55 £20.50 £17.50
% change year-on-year
+5.12% +17.14%

COREP
Jobs Demand Trend in London

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

COREP Jobs Demand Trend in London

COREP
Daily Rate Trend in London

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

COREP Daily Rate Trend in London

COREP
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP across the London region over the 3 months to 31 July 2015.

COREP Daily Rate Histogram in London

COREP
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing COREP within the London region over the 3 months to 31 July 2015. 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
City of London - 4 £538 - 2
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 31 July 2015, IT contractor jobs across the London region citing COREP 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 COREP.

1 30 (85.71%) Finance
2 23 (65.71%) Banking
3 21 (60.00%) Investment Banking
4 14 (40.00%) CRD IV
5 13 (37.14%) Technical Analysis
5 13 (37.14%) Back Office
5 13 (37.14%) General Ledger
6 11 (31.43%) IT Governance
7 10 (28.57%) Derivative
7 10 (28.57%) MS Excel
8 9 (25.71%) Microsoft
8 9 (25.71%) Agile Software Development
8 9 (25.71%) FINREP
8 9 (25.71%) Analytical Skills
8 9 (25.71%) Waterfall
8 9 (25.71%) Basel III
9 8 (22.86%) Degree
9 8 (22.86%) Data Analysis
9 8 (22.86%) Business Analysis
10 7 (20.00%) Business Intelligence
10 7 (20.00%) Project Management
10 7 (20.00%) Oracle
10 7 (20.00%) HP Quality Center
11 6 (17.14%) Contract for Difference
11 6 (17.14%) UNIX
11 6 (17.14%) Linux
11 6 (17.14%) BusinessObjects
11 6 (17.14%) XBRL
11 6 (17.14%) Data Warehouse
11 6 (17.14%) Foreign Exchange (FX)

COREP
Top Related IT Skills in London by Category

For the 6 months to 31 July 2015, IT contractor jobs across the London region citing COREP 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 COREP. Up to 20 skills are shown per category.

Application Platforms
1 1 (2.86%) SAS
Applications
1 10 (28.57%) MS Excel
2 1 (2.86%) MS PowerPoint
2 1 (2.86%) Spreadsheet
Database & Business Intelligence
1 6 (17.14%) Data Warehouse
1 6 (17.14%) BusinessObjects
2 2 (5.71%) SQL Server
2 2 (5.71%) Oracle Reports
2 2 (5.71%) MS Access
Development Applications
1 5 (14.29%) Subversion
2 2 (5.71%) JIRA
General
1 30 (85.71%) Finance
2 23 (65.71%) Banking
3 21 (60.00%) Investment Banking
4 13 (37.14%) General Ledger
4 13 (37.14%) Back Office
5 2 (5.71%) Telecoms
5 2 (5.71%) Advertising
6 1 (2.86%) Legal
6 1 (2.86%) Retail
Job Titles
1 20 (57.14%) Analyst
2 19 (54.29%) Business Analyst
3 9 (25.71%) Developer
4 4 (11.43%) Report Analyst
5 3 (8.57%) Architect
5 3 (8.57%) Solutions Architect
5 3 (8.57%) Senior Developer
5 3 (8.57%) Excel Developer
6 2 (5.71%) Banking Business Analyst
6 2 (5.71%) Investment Banking Business Analyst
6 2 (5.71%) Test Leader
6 2 (5.71%) VBA Developer
7 1 (2.86%) Access Developer
7 1 (2.86%) Microsoft Developer
7 1 (2.86%) Excel VBA Developer
Libraries, Frameworks & Software Standards
1 6 (17.14%) XBRL
2 1 (2.86%) OLE
2 1 (2.86%) OLE DB
Miscellaneous
1 10 (28.57%) Derivative
2 9 (25.71%) Analytical Skills
3 6 (17.14%) Contract for Difference
3 6 (17.14%) Foreign Exchange (FX)
3 6 (17.14%) Fixed Income
3 6 (17.14%) Equities
4 5 (14.29%) Credit Risk
4 5 (14.29%) Market Risk
5 4 (11.43%) Reference Data
5 4 (11.43%) Credit Derivative
6 2 (5.71%) Computer Science
6 2 (5.71%) Data Integration
7 1 (2.86%) Data Extraction
Operating Systems
1 6 (17.14%) UNIX
1 6 (17.14%) Linux
Processes & Methodologies
1 13 (37.14%) Technical Analysis
2 11 (31.43%) IT Governance
3 9 (25.71%) Agile Software Development
3 9 (25.71%) Waterfall
4 8 (22.86%) Data Analysis
4 8 (22.86%) Business Analysis
5 7 (20.00%) Business Intelligence
5 7 (20.00%) Project Management
6 6 (17.14%) Cost-Benefit Analysis
7 5 (14.29%) Automated Testing
7 5 (14.29%) OOP
7 5 (14.29%) Performance Tuning
7 5 (14.29%) Continuous Integration
8 4 (11.43%) User Acceptance Testing
8 4 (11.43%) Stress Testing
8 4 (11.43%) Data Management
9 3 (8.57%) Validation
10 2 (5.71%) Migration
10 2 (5.71%) Change Management
10 2 (5.71%) TOGAF
Programming Languages
1 5 (14.29%) C#
1 5 (14.29%) C++
1 5 (14.29%) Java
1 5 (14.29%) Perl
1 5 (14.29%) PHP
1 5 (14.29%) Python
2 3 (8.57%) SQL
3 2 (5.71%) VBA
Qualifications
1 8 (22.86%) Degree
2 2 (5.71%) ISTQB Foundation Certification
2 2 (5.71%) PMP
2 2 (5.71%) PMI Certification
2 2 (5.71%) ISTQB
Quality Assurance & Compliance
1 14 (40.00%) CRD IV
2 9 (25.71%) FINREP
2 9 (25.71%) Basel III
3 5 (14.29%) Basel II
Systems Management
1 7 (20.00%) HP Quality Center
Vendors
1 9 (25.71%) Microsoft
2 7 (20.00%) Oracle
3 2 (5.71%) Sybase
3 2 (5.71%) SAP
3 2 (5.71%) HP
4 1 (2.86%) WorldPay
London
Twenty Recruitment Group
Rate: From £500 to £650 per day
Posted: Yesterday
London
JCW Search Ltd
Rate: From £550 to £650 per day
Posted: 4 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 24 days ago