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 17 September 2014 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
17 Sep 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 405 407 370
Rank change year-on-year
+2 -37
Contract jobs citing COREP 10 21 55
As % of all contract IT jobs located in London 0.042% 0.084% 0.21%
As % of the Quality Assurance & Compliance category 0.53% 1.00% 2.54%
Number of daily rates quoted 6 17 44
Average daily rate
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£565 £525 £550
Average daily rate % change year-on-year
+7.52% -4.54%
90% offered a daily rate of more than £500 £415 £450
10% offered a daily rate of more than £600 £650 £600
UK excluding London average daily rate £538 £450 £500
% change year-on-year
+19.44% -10.00%
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
1881 2094 2168
As % of all contract IT jobs located in London 7.81% 8.35% 8.26%
Number of daily rates quoted 1300 1446 1506
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £275 £285 £290
10% offered a daily rate of more than £600 £650 £638
UK excluding London average daily rate £375 £358 £365
% change year-on-year
+4.89% -2.05%
Number of hourly rates quoted 31 23 48
Average hourly rate £18.00 £20.00 £18.00
Average hourly rate % change year-on-year
-10.00% +11.11%
90% offered a hourly rate of more than £12.50 £13.97 £12.50
10% offered a hourly rate of more than £37.50 £67.00 £50.02
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

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 17 September 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 17 September 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 3 £550 -7.56% 4
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 17 September 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 20 (71.43%) Finance
2 12 (42.86%) FINREP
3 11 (39.29%) Banking
4 8 (28.57%) Investment Banking
4 8 (28.57%) Basel III
4 8 (28.57%) CRD IV
5 7 (25.00%) User Acceptance Testing
5 7 (25.00%) SQL
6 6 (21.43%) Data Mapping
7 5 (17.86%) Business Analysis
8 4 (14.29%) QA
8 4 (14.29%) Stress Testing
8 4 (14.29%) Project Management
8 4 (14.29%) Analytical Skills
9 3 (10.71%) Basel II
9 3 (10.71%) Financial Institution
9 3 (10.71%) Oracle
9 3 (10.71%) Data Warehouse
9 3 (10.71%) Degree
9 3 (10.71%) General Ledger
9 3 (10.71%) Agile Software Development
9 3 (10.71%) Stakeholder Management
10 2 (7.14%) Data Analysis
10 2 (7.14%) IT Governance
10 2 (7.14%) Requirements Analysis
10 2 (7.14%) Stakeholder Engagement
10 2 (7.14%) Performance Tuning
10 2 (7.14%) Technical Analysis
10 2 (7.14%) Microgen
10 2 (7.14%) Data Mining

COREP
Top Related IT Skills in London by Category

For the 6 months to 17 September 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 (3.57%) IBM Notes
Applications
1 1 (3.57%) MS Excel
Business Applications
1 1 (3.57%) Oracle Financials
Database & Business Intelligence
1 3 (10.71%) Data Warehouse
2 2 (7.14%) Data Mining
2 2 (7.14%) SQL Server
3 1 (3.57%) Oracle Database
3 1 (3.57%) RDBMS
3 1 (3.57%) Relational Database
3 1 (3.57%) Data Mart
General
1 20 (71.43%) Finance
2 11 (39.29%) Banking
3 8 (28.57%) Investment Banking
4 3 (10.71%) Financial Institution
4 3 (10.71%) General Ledger
5 2 (7.14%) Front Office
5 2 (7.14%) Back Office
6 1 (3.57%) Marketing
6 1 (3.57%) Retail
Job Titles
1 13 (46.43%) Business Analyst
1 13 (46.43%) Analyst
2 6 (21.43%) Project Manager
3 4 (14.29%) Developer
4 2 (7.14%) PMO Lead
5 1 (3.57%) Consultant
5 1 (3.57%) Sales Consultant
5 1 (3.57%) QA Leader
5 1 (3.57%) Business Data Analyst
5 1 (3.57%) Data Analyst
5 1 (3.57%) Pre Sales Consultant
Libraries, Frameworks & Software Standards
1 1 (3.57%) XBRL
Miscellaneous
1 4 (14.29%) Analytical Skills
2 1 (3.57%) Foreign Exchange (FX)
2 1 (3.57%) Credit Risk
2 1 (3.57%) Reference Data
2 1 (3.57%) Derivative
Operating Systems
1 1 (3.57%) UNIX
Processes & Methodologies
1 7 (25.00%) User Acceptance Testing
2 6 (21.43%) Data Mapping
3 5 (17.86%) Business Analysis
4 4 (14.29%) Stress Testing
4 4 (14.29%) Project Management
5 3 (10.71%) Agile Software Development
5 3 (10.71%) Stakeholder Management
6 2 (7.14%) Data Analysis
6 2 (7.14%) IT Governance
6 2 (7.14%) Requirements Analysis
6 2 (7.14%) Stakeholder Engagement
6 2 (7.14%) Performance Tuning
6 2 (7.14%) Technical Analysis
6 2 (7.14%) ETL
6 2 (7.14%) Test Strategy
7 1 (3.57%) GAP Analysis
7 1 (3.57%) Change Management
7 1 (3.57%) PRINCE2
7 1 (3.57%) Business Intelligence
7 1 (3.57%) PRINCE
Programming Languages
1 7 (25.00%) SQL
2 1 (3.57%) VBA
2 1 (3.57%) PL/SQL
2 1 (3.57%) Shell Script
Qualifications
1 3 (10.71%) Degree
2 1 (3.57%) PMP
2 1 (3.57%) PMI Certification
Quality Assurance & Compliance
1 12 (42.86%) FINREP
2 8 (28.57%) Basel III
2 8 (28.57%) CRD IV
3 4 (14.29%) QA
4 3 (10.71%) Basel II
5 1 (3.57%) Data Quality
5 1 (3.57%) Dodd-Frank
5 1 (3.57%) EMIR
5 1 (3.57%) Solvency II
Vendors
1 3 (10.71%) Oracle
2 2 (7.14%) Microgen
3 1 (3.57%) Business Objects
3 1 (3.57%) SAP
3 1 (3.57%) Microsoft
3 1 (3.57%) Lotus
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 12 hours ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 9 days ago