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 1 September 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
1 Sep 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 407 414 415
Rank change year-on-year
+7 +1
Contract jobs citing COREP 21 12 19
As % of all contract IT jobs located in London 0.087% 0.049% 0.076%
As % of the Quality Assurance & Compliance category 1.05% 0.63% 0.92%
Number of daily rates quoted 17 8 16
Average daily rate
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of your Daily Rate
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£550 £585 £525
Average daily rate % change year-on-year
-5.90% +11.33%
90% offered a daily rate of more than £523 £520 £413
10% offered a daily rate of more than £635 £600 £625
UK excluding London average daily rate £544 £550 £425
% change year-on-year
-1.13% +29.41%
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
1991 1915 2068
As % of all contract IT jobs located in London 8.27% 7.87% 8.27%
Number of daily rates quoted 1378 1309 1446
Average daily rate £460 £450 £475
Average daily rate % change year-on-year
+2.22% -5.26%
90% offered a daily rate of more than £275 £275 £300
10% offered a daily rate of more than £600 £600 £650
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 26 26 26
Average hourly rate £20.88 £18.50 £20.50
Average hourly rate % change year-on-year
+12.83% -9.75%
90% offered a hourly rate of more than £13.70 £13.19 £13.13
10% offered a hourly rate of more than £55.50 £96.25 £66.25
UK excluding London average hourly rate £21.64 £19.75 £17.50
% change year-on-year
+9.56% +12.85%

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 1 September 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 1 September 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 +5 4 £538 -2.27%
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 1 September 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 32 (88.89%) Finance
2 21 (58.33%) Banking
3 20 (55.56%) Investment Banking
4 16 (44.44%) CRD IV
5 12 (33.33%) Derivative
5 12 (33.33%) Back Office
6 11 (30.56%) General Ledger
6 11 (30.56%) Basel III
6 11 (30.56%) Technical Analysis
7 10 (27.78%) MS Excel
8 9 (25.00%) Microsoft
8 9 (25.00%) Agile Software Development
8 9 (25.00%) FINREP
8 9 (25.00%) IT Governance
8 9 (25.00%) Business Analysis
9 8 (22.22%) Degree
9 8 (22.22%) Waterfall
9 8 (22.22%) Analytical Skills
9 8 (22.22%) Equities
9 8 (22.22%) Data Analysis
9 8 (22.22%) Business Intelligence
9 8 (22.22%) Fixed Income
10 7 (19.44%) Data Warehouse
10 7 (19.44%) Foreign Exchange (FX)
10 7 (19.44%) Project Management
10 7 (19.44%) Contract for Difference
11 6 (16.67%) Credit Risk
11 6 (16.67%) Cost-Benefit Analysis
11 6 (16.67%) HP Quality Center
11 6 (16.67%) Stress Testing

COREP
Top Related IT Skills in London by Category

For the 6 months to 1 September 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 (2.78%) SAS
Applications
1 10 (27.78%) MS Excel
2 2 (5.56%) Spreadsheet
Database & Business Intelligence
1 7 (19.44%) Data Warehouse
2 6 (16.67%) BusinessObjects
3 3 (8.33%) MS Access
4 2 (5.56%) SQL Server
5 1 (2.78%) Oracle Reports
Development Applications
1 5 (13.89%) Subversion
2 1 (2.78%) JIRA
General
1 32 (88.89%) Finance
2 21 (58.33%) Banking
3 20 (55.56%) Investment Banking
4 12 (33.33%) Back Office
5 11 (30.56%) General Ledger
6 3 (8.33%) Retail
7 2 (5.56%) Advertising
7 2 (5.56%) Telecoms
8 1 (2.78%) Legal
8 1 (2.78%) Front Office
Job Titles
1 19 (52.78%) Analyst
2 18 (50.00%) Business Analyst
3 10 (27.78%) Developer
4 4 (11.11%) Architect
4 4 (11.11%) Solutions Architect
4 4 (11.11%) Report Analyst
4 4 (11.11%) Excel Developer
5 3 (8.33%) VBA Developer
5 3 (8.33%) Investment Banking Business Analyst
5 3 (8.33%) Senior Developer
6 2 (5.56%) Access Developer
6 2 (5.56%) Microsoft Developer
6 2 (5.56%) Excel VBA Developer
6 2 (5.56%) Banking Business Analyst
6 2 (5.56%) Report Manager
7 1 (2.78%) Test Leader
7 1 (2.78%) Systems Manager
7 1 (2.78%) Project Manager
Libraries, Frameworks & Software Standards
1 6 (16.67%) XBRL
2 1 (2.78%) OLE
2 1 (2.78%) OLE DB
Miscellaneous
1 12 (33.33%) Derivative
2 8 (22.22%) Fixed Income
2 8 (22.22%) Equities
2 8 (22.22%) Analytical Skills
3 7 (19.44%) Foreign Exchange (FX)
3 7 (19.44%) Contract for Difference
4 6 (16.67%) Credit Risk
5 5 (13.89%) Market Risk
6 4 (11.11%) Reference Data
6 4 (11.11%) Credit Derivative
7 3 (8.33%) Data Integration
8 2 (5.56%) Data Extraction
9 1 (2.78%) Computer Science
Operating Systems
1 6 (16.67%) UNIX
1 6 (16.67%) Linux
Processes & Methodologies
1 11 (30.56%) Technical Analysis
2 9 (25.00%) IT Governance
2 9 (25.00%) Agile Software Development
2 9 (25.00%) Business Analysis
3 8 (22.22%) Data Analysis
3 8 (22.22%) Business Intelligence
3 8 (22.22%) Waterfall
4 7 (19.44%) Project Management
5 6 (16.67%) Cost-Benefit Analysis
5 6 (16.67%) Stress Testing
6 5 (13.89%) Continuous Integration
6 5 (13.89%) Performance Tuning
6 5 (13.89%) Automated Testing
6 5 (13.89%) OOP
7 4 (11.11%) Data Management
7 4 (11.11%) User Acceptance Testing
8 3 (8.33%) TOGAF
8 3 (8.33%) Validation
9 2 (5.56%) RAD
9 2 (5.56%) Change Management
Programming Languages
1 5 (13.89%) C#
1 5 (13.89%) C++
1 5 (13.89%) Java
1 5 (13.89%) Perl
1 5 (13.89%) PHP
1 5 (13.89%) Python
2 3 (8.33%) VBA
3 2 (5.56%) SQL
Qualifications
1 8 (22.22%) Degree
2 2 (5.56%) PMP
2 2 (5.56%) PMI Certification
3 1 (2.78%) ACCA
3 1 (2.78%) ISTQB
3 1 (2.78%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 16 (44.44%) CRD IV
2 11 (30.56%) Basel III
3 9 (25.00%) FINREP
4 5 (13.89%) Basel II
Systems Management
1 6 (16.67%) HP Quality Center
Vendors
1 9 (25.00%) Microsoft
2 6 (16.67%) Oracle
3 2 (5.56%) Sybase
3 2 (5.56%) SAP
4 1 (2.78%) HP
London
Orgtel
Rate: £300 - £335 per day
Posted: 15 days ago