The first table below looks at the demand 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 23 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the London region.

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
23 Jul 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 391 385 365
Rank change year-on-year
-6 -20
Contract jobs citing COREP 11 19 45
As % of all contract IT jobs located in London 0.047% 0.078% 0.17%
As % of the Quality Assurance & Compliance category 0.60% 0.93% 2.16%
Number of daily rates quoted 8 16 35
Average daily rate
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£595 £563 £550
Average daily rate % change year-on-year
+5.77% +2.27%
90% offered a daily rate of more than £476 £441 £450
10% offered a daily rate of more than £600 £588 £625
UK excluding London average daily rate £501 £450 £388
% change year-on-year
+11.22% +16.12%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1821 2044 2083
As % of all contract IT jobs located in London 7.84% 8.43% 7.90%
Number of daily rates quoted 1260 1431 1370
Average daily rate £440 £475 £475
Average daily rate % change year-on-year
-7.36% -
90% offered a daily rate of more than £275 £300 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 20 30 51
Average hourly rate £19.00 £23.40 £18.25
Average hourly rate % change year-on-year
-18.80% +28.21%
90% offered a hourly rate of more than £12.95 £12.59 £12.60
10% offered a hourly rate of more than £53.65 £46.00 £40.40
UK excluding London average hourly rate £20.17 £17.50 £18.68
% change year-on-year
+15.22% -6.29%
COREP
England

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 23 July 2014.

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 23 July 2014. 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 +20 1 £488 -9.30% 2
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 23 July 2014, 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 (63.89%) Finance
2 18 (50.00%) Basel III
2 18 (50.00%) FINREP
3 16 (44.44%) Banking
4 15 (41.67%) CRD IV
5 14 (38.89%) SQL
6 11 (30.56%) Business Analysis
6 11 (30.56%) User Acceptance Testing
7 10 (27.78%) Investment Banking
8 8 (22.22%) QA
8 8 (22.22%) Data Mapping
9 5 (13.89%) Data Analysis
9 5 (13.89%) Stakeholder Engagement
10 4 (11.11%) Project Management
10 4 (11.11%) Basel II
10 4 (11.11%) Credit Risk
10 4 (11.11%) Stress Testing
10 4 (11.11%) Agile Software Development
10 4 (11.11%) Risk Management
11 3 (8.33%) Validation
11 3 (8.33%) Financial Institution
11 3 (8.33%) TDD
11 3 (8.33%) Stakeholder Management
11 3 (8.33%) Degree
11 3 (8.33%) General Ledger
11 3 (8.33%) UML
11 3 (8.33%) Data Warehouse
12 2 (5.56%) Data Mining
12 2 (5.56%) SQL Server
12 2 (5.56%) Foreign Exchange (FX)

COREP
Top Related IT Skills in London by Category

For the 6 months to 23 July 2014, 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 (2.78%) IBM Notes
Applications
1 1 (2.78%) MS Excel
Business Applications
1 1 (2.78%) Oracle Financials
Database & Business Intelligence
1 3 (8.33%) Data Warehouse
2 2 (5.56%) Data Mining
2 2 (5.56%) SQL Server
3 1 (2.78%) Data Mart
Development Applications
1 1 (2.78%) ProC
General
1 23 (63.89%) Finance
2 16 (44.44%) Banking
3 10 (27.78%) Investment Banking
4 3 (8.33%) General Ledger
4 3 (8.33%) Financial Institution
5 2 (5.56%) Back Office
6 1 (2.78%) Retail
6 1 (2.78%) Marketing
Job Titles
1 23 (63.89%) Analyst
1 23 (63.89%) Business Analyst
2 6 (16.67%) Project Manager
3 3 (8.33%) Financial Business Analyst
4 2 (5.56%) PMO Lead
5 1 (2.78%) Developer
5 1 (2.78%) IT Business Analyst
5 1 (2.78%) Banking Business Analyst
5 1 (2.78%) Investment Banking Business Analyst
5 1 (2.78%) Business Data Analyst
5 1 (2.78%) QA Leader
5 1 (2.78%) Consultant
5 1 (2.78%) Sales Consultant
5 1 (2.78%) Report Analyst
5 1 (2.78%) Data Analyst
5 1 (2.78%) SQL Developer
5 1 (2.78%) Pre Sales Consultant
Libraries, Frameworks & Software Standards
1 1 (2.78%) .NET
1 1 (2.78%) XBRL
Miscellaneous
1 4 (11.11%) Credit Risk
2 2 (5.56%) Foreign Exchange (FX)
3 1 (2.78%) Management Information System
3 1 (2.78%) Derivative
3 1 (2.78%) Reference Data
Processes & Methodologies
1 11 (30.56%) Business Analysis
1 11 (30.56%) User Acceptance Testing
2 8 (22.22%) Data Mapping
3 5 (13.89%) Stakeholder Engagement
3 5 (13.89%) Data Analysis
4 4 (11.11%) Agile Software Development
4 4 (11.11%) Project Management
4 4 (11.11%) Risk Management
4 4 (11.11%) Stress Testing
5 3 (8.33%) Validation
5 3 (8.33%) UML
5 3 (8.33%) TDD
5 3 (8.33%) Stakeholder Management
6 2 (5.56%) IT Governance
6 2 (5.56%) Migration
6 2 (5.56%) Test Strategy
6 2 (5.56%) Quantitative Risk Management
6 2 (5.56%) Technical Analysis
7 1 (2.78%) Integration Testing
7 1 (2.78%) Change Management
Programming Languages
1 14 (38.89%) SQL
2 1 (2.78%) VBA
2 1 (2.78%) C#
Qualifications
1 3 (8.33%) Degree
2 1 (2.78%) PMP
2 1 (2.78%) PMI Certification
Quality Assurance & Compliance
1 18 (50.00%) Basel III
1 18 (50.00%) FINREP
2 15 (41.67%) CRD IV
3 8 (22.22%) QA
4 4 (11.11%) Basel II
5 1 (2.78%) Dodd-Frank
5 1 (2.78%) Solvency II
5 1 (2.78%) Data Quality
5 1 (2.78%) EMIR
Vendors
1 1 (2.78%) Oracle
1 1 (2.78%) Business Objects
1 1 (2.78%) SAP
1 1 (2.78%) Microsoft
1 1 (2.78%) Lotus
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 2 days ago
City of London
Orgtel
Rate: £400 - £475 per day
Posted: 22 days ago