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 16 April 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
16 Apr 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 392 365 395
Rank change year-on-year
-27 +30
Contract jobs citing COREP 24 14 28
As % of all contract IT jobs located in London 0.097% 0.064% 0.100%
As % of the Quality Assurance & Compliance category 1.14% 0.79% 1.21%
Number of daily rates quoted 17 9 24
Average daily rate £550 £375 £525
Average daily rate % change year-on-year
+46.66% -28.57%
90% offered a daily rate of more than £435 £370 £458
10% offered a daily rate of more than £625 £635 £755
UK excluding London average daily rate £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 - - -
Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2112 1773 2311
As % of all contract IT jobs located in London 8.53% 8.07% 8.25%
Number of daily rates quoted 1479 1204 1495
Average daily rate £450 £460 £475
Average daily rate % change year-on-year
-2.17% -3.15%
90% offered a daily rate of more than £288 £275 £300
10% offered a daily rate of more than £625 £650 £650
UK excluding London average daily rate £363 £325 £350
% change year-on-year
+11.53% -7.14%
Number of hourly rates quoted 38 39 68
Average hourly rate £19.00 £22.32 £17.87
Average hourly rate % change year-on-year
-14.85% +24.90%
90% offered a hourly rate of more than £14.10 £13.49 £11.80
10% offered a hourly rate of more than £75.00 £135.00 £31.80
UK excluding London average hourly rate £18.00 £15.38 £16.50
% change year-on-year
+17.07% -6.81%
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 16 April 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 16 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
City of London -3 10 £475 +18.01% 7
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 16 April 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 37 (80.43%) FINREP
2 29 (63.04%) Banking
2 29 (63.04%) Basel III
3 25 (54.35%) Business Analysis
4 24 (52.17%) CRD IV
5 22 (47.83%) Finance
6 21 (45.65%) SQL
7 16 (34.78%) Investment Banking
8 15 (32.61%) Data Mapping
8 15 (32.61%) User Acceptance Testing
9 14 (30.43%) QA
10 12 (26.09%) Risk Management
11 9 (19.57%) Validation
11 9 (19.57%) Migration
12 8 (17.39%) Management Information System
12 8 (17.39%) Credit Risk
13 7 (15.22%) Data Analysis
14 6 (13.04%) Derivative
14 6 (13.04%) Financial Institution
14 6 (13.04%) Basel II
15 5 (10.87%) Stakeholder Engagement
15 5 (10.87%) Market Risk
15 5 (10.87%) UML
15 5 (10.87%) MS Excel
15 5 (10.87%) Credit Derivative
15 5 (10.87%) Stakeholder Management
15 5 (10.87%) Agile Software Development
15 5 (10.87%) TDD
16 4 (8.70%) Microsoft
17 3 (6.52%) Oracle

COREP
Top Related IT Skills in London by Category

For the 6 months to 16 April 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.

Applications
1 5 (10.87%) MS Excel
2 2 (4.35%) MS PowerPoint
2 2 (4.35%) MS Project
3 1 (2.17%) MS Office
3 1 (2.17%) MS Visio
Business Applications
1 1 (2.17%) Oracle Financials
Database & Business Intelligence
1 1 (2.17%) Data Warehouse
1 1 (2.17%) Data Mart
Development Applications
1 1 (2.17%) ProC
General
1 29 (63.04%) Banking
2 22 (47.83%) Finance
3 16 (34.78%) Investment Banking
4 6 (13.04%) Financial Institution
5 3 (6.52%) International Banking
6 1 (2.17%) Private Banking
6 1 (2.17%) Marketing
Job Titles
1 36 (78.26%) Business Analyst
1 36 (78.26%) Analyst
2 8 (17.39%) Report Analyst
2 8 (17.39%) Banking Business Analyst
3 6 (13.04%) Financial Business Analyst
3 6 (13.04%) Investment Banking Business Analyst
4 5 (10.87%) Consultant
5 3 (6.52%) Project Manager
5 3 (6.52%) Test Consultant
6 2 (4.35%) Developer
7 1 (2.17%) Sales Consultant
7 1 (2.17%) Business Developer
7 1 (2.17%) Technical Business Analyst
7 1 (2.17%) IT Business Analyst
7 1 (2.17%) Credit Risk Business Analyst
7 1 (2.17%) Data Analyst
7 1 (2.17%) Technical Analyst
7 1 (2.17%) Analyst Developer
7 1 (2.17%) Business Consultant
7 1 (2.17%) SQL Developer
Libraries, Frameworks & Software Standards
1 1 (2.17%) .NET
1 1 (2.17%) XBRL
Miscellaneous
1 8 (17.39%) Management Information System
1 8 (17.39%) Credit Risk
2 6 (13.04%) Derivative
3 5 (10.87%) Market Risk
3 5 (10.87%) Credit Derivative
4 2 (4.35%) Foreign Exchange (FX)
5 1 (2.17%) Equities
5 1 (2.17%) Mathematics
5 1 (2.17%) Physics
5 1 (2.17%) Computer Science
Operating Systems
1 2 (4.35%) UNIX
Processes & Methodologies
1 25 (54.35%) Business Analysis
2 15 (32.61%) Data Mapping
2 15 (32.61%) User Acceptance Testing
3 12 (26.09%) Risk Management
4 9 (19.57%) Validation
4 9 (19.57%) Migration
5 7 (15.22%) Data Analysis
6 5 (10.87%) Stakeholder Engagement
6 5 (10.87%) UML
6 5 (10.87%) Stakeholder Management
6 5 (10.87%) Agile Software Development
6 5 (10.87%) TDD
7 3 (6.52%) Project Management
8 2 (4.35%) Quantitative Risk Management
9 1 (2.17%) PRINCE2
9 1 (2.17%) BPR
9 1 (2.17%) Change Management
9 1 (2.17%) Asset Management
9 1 (2.17%) Business Process Mapping
9 1 (2.17%) Use Case
Programming Languages
1 21 (45.65%) SQL
2 2 (4.35%) Shell Script
3 1 (2.17%) C#
Qualifications
1 2 (4.35%) Degree
2 1 (2.17%) PMP
2 1 (2.17%) PMI Certification
Quality Assurance & Compliance
1 37 (80.43%) FINREP
2 29 (63.04%) Basel III
3 24 (52.17%) CRD IV
4 14 (30.43%) QA
5 6 (13.04%) Basel II
6 3 (6.52%) MiFID
7 1 (2.17%) EMIR
7 1 (2.17%) Dodd-Frank
7 1 (2.17%) Solvency II
7 1 (2.17%) Data Quality
7 1 (2.17%) FATCA
Vendors
1 4 (8.70%) Microsoft
2 3 (6.52%) Oracle
3 1 (2.17%) SAP
City, London
Aston Carter
Rate: £650 - £750 per day
Posted: 22 hours ago
City, London
TEKsystems
Posted: Yesterday
City of London
Argyll Scott
Rate: £450 - £525 per day
Posted: 2 days ago
City of London
Argyll Scott
Rate: £550 - £600 per day
Posted: 2 days ago
City, London
Nicoll Curtin
Rate: £400 - £500 per day
Posted: 4 days ago
City, London
McGregor Boyall
Rate: £450.00 - £500.00 per day
Posted: 5 days ago