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 6 May 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
6 May 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 394 381 378
Rank change year-on-year
-13 -3
Contract jobs citing COREP 17 22 7
As % of all contract IT jobs located in London 0.076% 0.096% 0.033%
As % of the Quality Assurance & Compliance category 0.97% 1.13% 0.39%
Number of daily rates quoted 14 17 3
Average daily rate
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of your Daily Rate
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£550 £550 £375
Average daily rate % change year-on-year
- +46.66%
UK excluding London average daily rate £526 £502 £513
% change year-on-year
+4.68% -2.04%
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
1759 1940 1778
As % of all contract IT jobs located in London 7.82% 8.44% 8.33%
Number of daily rates quoted 1222 1400 1212
Average daily rate £451 £450 £475
Average daily rate % change year-on-year
+0.11% -5.26%
90% offered a daily rate of more than £277 £288 £288
10% offered a daily rate of more than £625 £625 £650
UK excluding London average daily rate £375 £363 £338
% change year-on-year
+3.44% +7.40%
Number of hourly rates quoted 19 32 37
Average hourly rate £20.00 £22.50 £22.50
Average hourly rate % change year-on-year
-11.11% -
90% offered a hourly rate of more than £12.00 £15.00 £13.80
10% offered a hourly rate of more than £122.50 £64.25 £135.00
UK excluding London average hourly rate £21.55 £21.00 £15.38
% change year-on-year
+2.61% +36.58%

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 6 May 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 6 May 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 +17 9 £550 +12.82% 1
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 6 May 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 23 (76.67%) Finance
2 17 (56.67%) Banking
3 16 (53.33%) FINREP
4 12 (40.00%) Investment Banking
5 10 (33.33%) Technical Analysis
6 9 (30.00%) XBRL
6 9 (30.00%) SQL
7 8 (26.67%) Oracle
7 8 (26.67%) Data Analysis
8 7 (23.33%) General Ledger
8 7 (23.33%) Back Office
8 7 (23.33%) CRD IV
8 7 (23.33%) Analytical Skills
8 7 (23.33%) HP Quality Center
9 6 (20.00%) User Acceptance Testing
9 6 (20.00%) Basel III
9 6 (20.00%) UNIX
9 6 (20.00%) Linux
10 5 (16.67%) OOP
10 5 (16.67%) Python
10 5 (16.67%) Data Warehouse
10 5 (16.67%) C#
10 5 (16.67%) C++
10 5 (16.67%) Java
10 5 (16.67%) Perl
10 5 (16.67%) PHP
10 5 (16.67%) Automated Testing
10 5 (16.67%) Subversion
10 5 (16.67%) IT Governance
10 5 (16.67%) Market Risk

COREP
Top Related IT Skills in London by Category

For the 6 months to 6 May 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 (3.33%) SAS
Applications
1 4 (13.33%) MS Excel
2 1 (3.33%) MS PowerPoint
Database & Business Intelligence
1 5 (16.67%) Data Warehouse
2 2 (6.67%) BusinessObjects
2 2 (6.67%) SQL Server
2 2 (6.67%) Oracle Reports
Development Applications
1 5 (16.67%) Subversion
2 4 (13.33%) JIRA
General
1 23 (76.67%) Finance
2 17 (56.67%) Banking
3 12 (40.00%) Investment Banking
4 7 (23.33%) General Ledger
4 7 (23.33%) Back Office
5 2 (6.67%) Telecoms
5 2 (6.67%) Financial Institution
Job Titles
1 17 (56.67%) Analyst
2 15 (50.00%) Business Analyst
3 7 (23.33%) Developer
4 4 (13.33%) Project Manager
4 4 (13.33%) Banking Business Analyst
5 3 (10.00%) Programme Manager
5 3 (10.00%) Senior Developer
6 2 (6.67%) Test Leader
6 2 (6.67%) Business Project Manager
6 2 (6.67%) Business Manager
6 2 (6.67%) Banking Analyst
7 1 (3.33%) Excel Developer
7 1 (3.33%) Functional Analyst
7 1 (3.33%) Agile Business Analyst
7 1 (3.33%) Functional Test Analyst
7 1 (3.33%) Report Analyst
7 1 (3.33%) Senior Programme Manager
7 1 (3.33%) Test Analyst
7 1 (3.33%) Senior Manager
Libraries, Frameworks & Software Standards
1 9 (30.00%) XBRL
2 1 (3.33%) OLE
2 1 (3.33%) OLE DB
Miscellaneous
1 7 (23.33%) Analytical Skills
2 5 (16.67%) Market Risk
3 2 (6.67%) Foreign Exchange (FX)
3 2 (6.67%) Fixed Income
3 2 (6.67%) Equities
3 2 (6.67%) Derivative
3 2 (6.67%) Contract for Difference
3 2 (6.67%) Computer Science
4 1 (3.33%) Credit Risk
4 1 (3.33%) Management Information System
Operating Systems
1 6 (20.00%) UNIX
1 6 (20.00%) Linux
Processes & Methodologies
1 10 (33.33%) Technical Analysis
2 8 (26.67%) Data Analysis
3 6 (20.00%) User Acceptance Testing
4 5 (16.67%) Continuous Integration
4 5 (16.67%) Performance Tuning
4 5 (16.67%) Automated Testing
4 5 (16.67%) IT Governance
4 5 (16.67%) OOP
5 4 (13.33%) Business Intelligence
5 4 (13.33%) Migration
5 4 (13.33%) Agile Software Development
5 4 (13.33%) Data Management
5 4 (13.33%) System Testing
5 4 (13.33%) Data Migration
6 3 (10.00%) Test Scripting
6 3 (10.00%) Waterfall
6 3 (10.00%) Validation
6 3 (10.00%) Business Analysis
7 2 (6.67%) Cost-Benefit Analysis
7 2 (6.67%) Project Management
Programming Languages
1 9 (30.00%) SQL
2 5 (16.67%) Python
2 5 (16.67%) C#
2 5 (16.67%) C++
2 5 (16.67%) Java
2 5 (16.67%) Perl
2 5 (16.67%) PHP
Qualifications
1 4 (13.33%) Degree
2 2 (6.67%) ISTQB Foundation Certification
2 2 (6.67%) ISTQB
Quality Assurance & Compliance
1 16 (53.33%) FINREP
2 7 (23.33%) CRD IV
3 6 (20.00%) Basel III
4 2 (6.67%) Basel II
Systems Management
1 7 (23.33%) HP Quality Center
Vendors
1 8 (26.67%) Oracle
2 4 (13.33%) Microsoft
3 2 (6.67%) HP
3 2 (6.67%) Sybase
3 2 (6.67%) Business Objects
3 2 (6.67%) SAP
3 2 (6.67%) Cognos
4 1 (3.33%) WorldPay