The table below looks at the statistics for COREP skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited COREP over the 3 months to 28 July 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
28 Jul 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 417 416 411
Rank change year-on-year
-1 -5
Contract jobs citing COREP 11 17 11
As % of all contract IT jobs located in London 0.050% 0.072% 0.047%
As % of the Quality Assurance & Compliance category 0.55% 0.76% 0.50%
Number of daily rates quoted 9 14 8
Median daily rate £613 £550 £595
Median daily rate % change year-on-year
+11.36% -7.56%
90% offered a daily rate of more than £500 £538 £476
10% offered a daily rate of more than £750 £643 £600
UK excluding London median daily rate £450 £550 £501
% change year-on-year
-18.18% +9.89%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
2005 2251 2201
As % of all contract IT jobs located in London 9.04% 9.55% 9.32%
Number of daily rates quoted 1405 1620 1510
Median daily rate £475 £470 £443
Median daily rate % change year-on-year
+1.06% +6.21%
90% offered a daily rate of more than £300 £275 £275
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 25 30 24
Median hourly rate £19.62 £20.00 £20.00
Median hourly rate % change year-on-year
-1.92% -
90% offered a hourly rate of more than £12.50 £14.00 £13.23
10% offered a hourly rate of more than £56.50 £148.50 £142.50
UK excluding London median hourly rate £28.00 £22.50 £20.21
% change year-on-year
+24.44% +11.35%

COREP
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing COREP as a proportion of all IT contracts with a match in 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 28 July 2016.

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 median contractor rates quoted in IT jobs citing COREP within the London region over the 3 months to 28 July 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
City of London +46 2 £606 +12.79%
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 28 July 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 London region with a requirement for COREP.

1 14 (73.68%) Finance
2 10 (52.63%) Project Management
2 10 (52.63%) Credit Risk
2 10 (52.63%) CRD IV
3 9 (47.37%) Basel III
3 9 (47.37%) Test Scripting
4 8 (42.11%) Banking
5 7 (36.84%) Market Risk
5 7 (36.84%) Translating Business Requirements
6 6 (31.58%) Security Testing
6 6 (31.58%) Investment Banking
6 6 (31.58%) Migration
6 6 (31.58%) Disaster Recovery
6 6 (31.58%) Management Information System
6 6 (31.58%) Front Office
6 6 (31.58%) Basel II
7 5 (26.32%) Stress Testing
8 4 (21.05%) FINREP
8 4 (21.05%) Agile Software Development
8 4 (21.05%) Data Mining
9 3 (15.79%) Risk Management
9 3 (15.79%) Business Analysis
10 2 (10.53%) HP Quality Center
10 2 (10.53%) Analytical Skills
10 2 (10.53%) Data Quality
10 2 (10.53%) Technical Analysis
10 2 (10.53%) Software Testing
10 2 (10.53%) IT Governance
10 2 (10.53%) Corporate Banking
10 2 (10.53%) Degree

COREP
Top Related IT Skills in London 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 (5.26%) CICS
Applications
1 1 (5.26%) MS Excel
Database & Business Intelligence
1 4 (21.05%) Data Mining
2 1 (5.26%) BusinessObjects
2 1 (5.26%) Data Warehouse
2 1 (5.26%) DB2
General
1 14 (73.68%) Finance
2 8 (42.11%) Banking
3 6 (31.58%) Front Office
3 6 (31.58%) Investment Banking
4 2 (10.53%) Back Office
4 2 (10.53%) Corporate Banking
4 2 (10.53%) General Ledger
4 2 (10.53%) Retail
Job Titles
1 15 (78.95%) Analyst
2 14 (73.68%) Business Analyst
3 8 (42.11%) Report Analyst
4 7 (36.84%) Regulatory Business Analyst
4 7 (36.84%) Regulatory Reporting Business Analyst
5 6 (31.58%) Risk Analyst
5 6 (31.58%) Risk Business Analyst
6 5 (26.32%) Liquidity Business Analyst
7 3 (15.79%) IT Manager
7 3 (15.79%) IT Project Manager
7 3 (15.79%) Project Manager
7 3 (15.79%) Report Manager
8 2 (10.53%) IT Business Analyst
8 2 (10.53%) Test Analyst
9 1 (5.26%) Business IT Analyst
9 1 (5.26%) Investment Banking Business Analyst
9 1 (5.26%) IT Analyst
9 1 (5.26%) Metrics Analyst
9 1 (5.26%) Senior Analyst
9 1 (5.26%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 1 (5.26%) Middleware
1 1 (5.26%) Web Services
Miscellaneous
1 10 (52.63%) Credit Risk
2 7 (36.84%) Market Risk
3 6 (31.58%) Management Information System
4 2 (10.53%) Analytical Skills
5 1 (5.26%) Contract for Difference
5 1 (5.26%) Derivative
5 1 (5.26%) Equities
5 1 (5.26%) Fixed Income
5 1 (5.26%) Foreign Exchange (FX)
5 1 (5.26%) Reference Data
5 1 (5.26%) SWIFT
5 1 (5.26%) Taxonomies
Processes & Methodologies
1 10 (52.63%) Project Management
2 9 (47.37%) Test Scripting
3 7 (36.84%) Translating Business Requirements
4 6 (31.58%) Disaster Recovery
4 6 (31.58%) Migration
4 6 (31.58%) Security Testing
5 5 (26.32%) Stress Testing
6 4 (21.05%) Agile Software Development
7 3 (15.79%) Business Analysis
7 3 (15.79%) Risk Management
8 2 (10.53%) Data Management
8 2 (10.53%) Data Modelling
8 2 (10.53%) Defect Management
8 2 (10.53%) IT Governance
8 2 (10.53%) Software Testing
8 2 (10.53%) Technical Analysis
9 1 (5.26%) Cash Management
9 1 (5.26%) SDLC
9 1 (5.26%) User Acceptance Testing
9 1 (5.26%) Waterfall
Programming Languages
1 2 (10.53%) SQL
2 1 (5.26%) COBOL
2 1 (5.26%) JCL
Qualifications
1 2 (10.53%) Degree
Quality Assurance & Compliance
1 10 (52.63%) CRD IV
2 9 (47.37%) Basel III
3 6 (31.58%) Basel II
4 4 (21.05%) FINREP
5 2 (10.53%) Data Quality
6 1 (5.26%) SEPA
Systems Management
1 2 (10.53%) HP Quality Center
Vendors
1 1 (5.26%) Microsoft