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 27 March 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
27 Mar 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 389 376 364
Rank change year-on-year
-13 -12
Contract jobs citing COREP 13 28 16
As % of all contract IT jobs located in London 0.061% 0.12% 0.077%
As % of the Quality Assurance & Compliance category 0.76% 1.44% 1.00%
Number of daily rates quoted 12 15 11
Average daily rate
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£550 £550 £400
Average daily rate % change year-on-year
- +37.50%
90% offered a daily rate of more than £454 £415 £375
10% offered a daily rate of more than £700 £615 £625
UK excluding London average daily rate £550 £550 £301
% change year-on-year
- +83.02%
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
1704 1938 1604
As % of all contract IT jobs located in London 7.97% 8.65% 7.77%
Number of daily rates quoted 1180 1319 1087
Average daily rate £450 £450 £455
Average daily rate % change year-on-year
- -1.09%
90% offered a daily rate of more than £263 £300 £275
10% offered a daily rate of more than £600 £603 £650
UK excluding London average daily rate £385 £370 £330
% change year-on-year
+4.05% +12.12%
Number of hourly rates quoted 8 39 35
Average hourly rate £21.50 £17.50 £22.41
Average hourly rate % change year-on-year
+22.85% -21.90%
90% offered a hourly rate of more than £17.00 £13.05 £13.85
10% offered a hourly rate of more than £116.50 £75.00 £135.00
UK excluding London average hourly rate £22.50 £17.40 £18.50
% change year-on-year
+29.31% -5.94%

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 27 March 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 27 March 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 +11 7 £575 +15.00% 4
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 27 March 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 27 (84.38%) Finance
2 17 (53.13%) Banking
3 14 (43.75%) FINREP
4 13 (40.63%) Investment Banking
5 10 (31.25%) SQL
6 9 (28.13%) Data Analysis
7 8 (25.00%) Basel III
7 8 (25.00%) Technical Analysis
7 8 (25.00%) XBRL
8 7 (21.88%) Agile Software Development
8 7 (21.88%) User Acceptance Testing
9 6 (18.75%) Performance Tuning
9 6 (18.75%) Analytical Skills
9 6 (18.75%) Oracle
10 5 (15.63%) UNIX
10 5 (15.63%) Linux
10 5 (15.63%) MS Excel
10 5 (15.63%) Data Warehouse
10 5 (15.63%) General Ledger
10 5 (15.63%) Back Office
10 5 (15.63%) JIRA
10 5 (15.63%) IT Governance
10 5 (15.63%) Business Analysis
10 5 (15.63%) HP Quality Center
10 5 (15.63%) System Testing
11 4 (12.50%) Market Risk
11 4 (12.50%) Continuous Integration
11 4 (12.50%) CRD IV
11 4 (12.50%) Degree
11 4 (12.50%) Automated Testing

COREP
Top Related IT Skills in London by Category

For the 6 months to 27 March 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.

Applications
1 5 (15.63%) MS Excel
2 2 (6.25%) MS PowerPoint
3 1 (3.13%) MS Project
3 1 (3.13%) MS Office
Database & Business Intelligence
1 5 (15.63%) Data Warehouse
2 2 (6.25%) BusinessObjects
2 2 (6.25%) SQL Server
3 1 (3.13%) Oracle Reports
Development Applications
1 5 (15.63%) JIRA
2 4 (12.50%) Subversion
General
1 27 (84.38%) Finance
2 17 (53.13%) Banking
3 13 (40.63%) Investment Banking
4 5 (15.63%) General Ledger
4 5 (15.63%) Back Office
5 2 (6.25%) Financial Institution
5 2 (6.25%) Front Office
Job Titles
1 18 (56.25%) Analyst
2 17 (53.13%) Business Analyst
3 8 (25.00%) Developer
4 5 (15.63%) Project Manager
5 3 (9.38%) Programme Manager
5 3 (9.38%) Senior Developer
6 2 (6.25%) Business Project Manager
6 2 (6.25%) Business Manager
6 2 (6.25%) Banking Analyst
6 2 (6.25%) Banking Business Analyst
6 2 (6.25%) Agile Business Analyst
7 1 (3.13%) Functional Test Analyst
7 1 (3.13%) Test Leader
7 1 (3.13%) Excel Developer
7 1 (3.13%) Functional Analyst
7 1 (3.13%) Services Delivery Manager
7 1 (3.13%) Service Manager
7 1 (3.13%) Senior Programme Manager
7 1 (3.13%) Delivery Manager
7 1 (3.13%) Test Analyst
Libraries, Frameworks & Software Standards
1 8 (25.00%) XBRL
2 1 (3.13%) OLE
2 1 (3.13%) OLE DB
Miscellaneous
1 6 (18.75%) Analytical Skills
2 4 (12.50%) Market Risk
3 3 (9.38%) Credit Risk
4 2 (6.25%) Foreign Exchange (FX)
4 2 (6.25%) Fixed Income
4 2 (6.25%) Equities
4 2 (6.25%) Derivative
4 2 (6.25%) Contract for Difference
5 1 (3.13%) Computer Science
5 1 (3.13%) Management Information System
Operating Systems
1 5 (15.63%) UNIX
1 5 (15.63%) Linux
Processes & Methodologies
1 9 (28.13%) Data Analysis
2 8 (25.00%) Technical Analysis
3 7 (21.88%) User Acceptance Testing
3 7 (21.88%) Agile Software Development
4 6 (18.75%) Performance Tuning
5 5 (15.63%) IT Governance
5 5 (15.63%) System Testing
5 5 (15.63%) Business Analysis
6 4 (12.50%) Automated Testing
6 4 (12.50%) OOP
6 4 (12.50%) Continuous Integration
7 3 (9.38%) Data Mapping
7 3 (9.38%) Data Migration
7 3 (9.38%) Business Intelligence
7 3 (9.38%) Migration
8 2 (6.25%) Data Management
8 2 (6.25%) Cost-Benefit Analysis
8 2 (6.25%) Project Management
8 2 (6.25%) Data Modelling
8 2 (6.25%) ETL
Programming Languages
1 10 (31.25%) SQL
2 4 (12.50%) Python
2 4 (12.50%) C#
2 4 (12.50%) C++
2 4 (12.50%) Java
2 4 (12.50%) Perl
2 4 (12.50%) PHP
Qualifications
1 4 (12.50%) Degree
2 1 (3.13%) ISTQB Foundation Certification
2 1 (3.13%) PMP
2 1 (3.13%) PMI Certification
2 1 (3.13%) ISTQB
Quality Assurance & Compliance
1 14 (43.75%) FINREP
2 8 (25.00%) Basel III
3 4 (12.50%) CRD IV
4 2 (6.25%) Basel II
Systems Management
1 5 (15.63%) HP Quality Center
Vendors
1 6 (18.75%) Oracle
2 4 (12.50%) Microsoft
3 2 (6.25%) Microgen
3 2 (6.25%) Sybase
3 2 (6.25%) Business Objects
3 2 (6.25%) SAP
3 2 (6.25%) Cognos
4 1 (3.13%) HP
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