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 18 December 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
18 Dec 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 381 415 374
Rank change year-on-year
+34 -41
Contract jobs citing COREP 21 10 10
As % of all contract IT jobs located in London 0.091% 0.041% 0.047%
As % of the Quality Assurance & Compliance category 1.12% 0.53% 0.60%
Number of daily rates quoted 21 6 8
Average daily rate
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£600 £473 £513
Average daily rate % change year-on-year
+26.98% -7.80%
90% offered a daily rate of more than £475 £408 £336
10% offered a daily rate of more than £850 £513 £615
UK excluding London average daily rate £457 £425 £500
% change year-on-year
+7.41% -15.00%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £90.50
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
1872 1897 1661
As % of all contract IT jobs located in London 8.09% 7.79% 7.76%
Number of daily rates quoted 1303 1345 1164
Average daily rate £450 £470 £450
Average daily rate % change year-on-year
-4.25% +4.44%
90% offered a daily rate of more than £250 £288 £275
10% offered a daily rate of more than £600 £675 £625
UK excluding London average daily rate £368 £350 £350
% change year-on-year
+5.00% -
Number of hourly rates quoted 36 22 41
Average hourly rate £20.50 £21.00 £22.00
Average hourly rate % change year-on-year
-2.38% -4.54%
90% offered a hourly rate of more than £14.60 £11.00 £13.50
10% offered a hourly rate of more than £48.50 £43.10 £82.40
UK excluding London average hourly rate £19.00 £18.70 £20.00
% change year-on-year
+1.60% -6.50%

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 18 December 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 18 December 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 +14 6 £600 +29.72% 3
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 18 December 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 22 (70.97%) Finance
2 13 (41.94%) SQL
2 13 (41.94%) Banking
2 13 (41.94%) FINREP
3 11 (35.48%) Investment Banking
4 9 (29.03%) Basel III
5 8 (25.81%) Agile Software Development
5 8 (25.81%) User Acceptance Testing
6 7 (22.58%) Data Analysis
7 5 (16.13%) Data Warehouse
7 5 (16.13%) Front Office
7 5 (16.13%) Data Mapping
7 5 (16.13%) CRD IV
8 4 (12.90%) Performance Tuning
8 4 (12.90%) Analytical Skills
8 4 (12.90%) Microgen
8 4 (12.90%) Business Analysis
8 4 (12.90%) Requirements Analysis
8 4 (12.90%) JIRA
8 4 (12.90%) Credit Risk
8 4 (12.90%) System Testing
8 4 (12.90%) ETL
8 4 (12.90%) Oracle
9 2 (6.45%) XBRL
9 2 (6.45%) Data Mining
9 2 (6.45%) Shell Script
9 2 (6.45%) SQL Server
9 2 (6.45%) UNIX
9 2 (6.45%) MS Excel
9 2 (6.45%) Cognos

COREP
Top Related IT Skills in London by Category

For the 6 months to 18 December 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 (3.23%) IBM Notes
Applications
1 2 (6.45%) MS Excel
2 1 (3.23%) MS PowerPoint
2 1 (3.23%) MS Project
2 1 (3.23%) MS Office
Database & Business Intelligence
1 5 (16.13%) Data Warehouse
2 2 (6.45%) Data Mining
2 2 (6.45%) SQL Server
3 1 (3.23%) Relational Database
3 1 (3.23%) Oracle Database
3 1 (3.23%) RDBMS
Development Applications
1 4 (12.90%) JIRA
General
1 22 (70.97%) Finance
2 13 (41.94%) Banking
3 11 (35.48%) Investment Banking
4 5 (16.13%) Front Office
5 2 (6.45%) Financial Institution
6 1 (3.23%) Retail
6 1 (3.23%) General Ledger
Job Titles
1 18 (58.06%) Analyst
2 16 (51.61%) Business Analyst
3 7 (22.58%) Project Manager
3 7 (22.58%) Developer
4 3 (9.68%) Programme Manager
5 2 (6.45%) Banking Business Analyst
5 2 (6.45%) Business Project Manager
5 2 (6.45%) Business Manager
5 2 (6.45%) Banking Analyst
5 2 (6.45%) Agile Business Analyst
6 1 (3.23%) Services Delivery Manager
6 1 (3.23%) Service Manager
6 1 (3.23%) Analyst Developer
6 1 (3.23%) Senior Programme Manager
6 1 (3.23%) Delivery Manager
6 1 (3.23%) Functional Analyst
6 1 (3.23%) Functional Test Analyst
6 1 (3.23%) IT Business Analyst
6 1 (3.23%) Test Analyst
6 1 (3.23%) Senior Manager
Libraries, Frameworks & Software Standards
1 2 (6.45%) XBRL
Miscellaneous
1 4 (12.90%) Analytical Skills
1 4 (12.90%) Credit Risk
2 1 (3.23%) Management Information System
2 1 (3.23%) Credit Derivative
2 1 (3.23%) Derivative
2 1 (3.23%) Reference Data
Operating Systems
1 2 (6.45%) UNIX
Processes & Methodologies
1 8 (25.81%) Agile Software Development
1 8 (25.81%) User Acceptance Testing
2 7 (22.58%) Data Analysis
3 5 (16.13%) Data Mapping
4 4 (12.90%) Performance Tuning
4 4 (12.90%) Business Analysis
4 4 (12.90%) Requirements Analysis
4 4 (12.90%) System Testing
4 4 (12.90%) ETL
5 2 (6.45%) Validation
5 2 (6.45%) GAP Analysis
5 2 (6.45%) Stakeholder Management
5 2 (6.45%) Stakeholder Engagement
5 2 (6.45%) Technical Analysis
6 1 (3.23%) Test Strategy
6 1 (3.23%) Functional Testing
6 1 (3.23%) Quantitative Risk Management
6 1 (3.23%) Programme Management
6 1 (3.23%) Migration
6 1 (3.23%) Data Migration
Programming Languages
1 13 (41.94%) SQL
2 2 (6.45%) Shell Script
3 1 (3.23%) VBA
3 1 (3.23%) PL/SQL
Qualifications
1 2 (6.45%) Degree
2 1 (3.23%) PMP
2 1 (3.23%) PMI Certification
Quality Assurance & Compliance
1 13 (41.94%) FINREP
2 9 (29.03%) Basel III
3 5 (16.13%) CRD IV
4 1 (3.23%) Basel II
Vendors
1 4 (12.90%) Microgen
1 4 (12.90%) Oracle
2 2 (6.45%) Cognos
3 1 (3.23%) Microsoft
3 1 (3.23%) Lotus
London
Aston Carter
Rate: £400 - £500 per day
Posted: 7 hours ago
City, London
Aston Carter
Rate: £500 - £550 per annum
Posted: 6 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day
Posted: 9 days ago