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 30 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
30 Sep 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 400 403 377
Rank change year-on-year
+3 -26
Contract jobs citing COREP 11 22 52
As % of all contract IT jobs located in London 0.045% 0.087% 0.20%
As % of the Quality Assurance & Compliance category 0.57% 1.06% 2.50%
Number of daily rates quoted 7 17 42
Average daily rate
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of your Daily Rate
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£550 £525 £550
Average daily rate % change year-on-year
+4.76% -4.54%
90% offered a daily rate of more than £475 £415 £427
10% offered a daily rate of more than £597 £650 £600
UK excluding London average daily rate £520 £450 £500
% change year-on-year
+15.55% -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
1921 2076 2081
As % of all contract IT jobs located in London 7.83% 8.22% 8.05%
Number of daily rates quoted 1338 1449 1464
Average daily rate £438 £475 £463
Average daily rate % change year-on-year
-7.89% +2.70%
90% offered a daily rate of more than £275 £290 £275
10% offered a daily rate of more than £600 £650 £640
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 31 22 43
Average hourly rate £19.00 £17.75 £18.50
Average hourly rate % change year-on-year
+7.04% -4.05%
90% offered a hourly rate of more than £13.00 £13.97 £12.80
10% offered a hourly rate of more than £137.50 £67.25 £50.00
UK excluding London average hourly rate £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%

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 30 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 30 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 +26 3 £550 -7.56% 5
COREP
England

COREP
Top 30 Related IT Skills in London

For the 6 months to 30 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 22 (70.97%) Finance
2 14 (45.16%) Banking
3 12 (38.71%) FINREP
4 11 (35.48%) Investment Banking
5 10 (32.26%) Basel III
6 8 (25.81%) CRD IV
6 8 (25.81%) SQL
7 7 (22.58%) User Acceptance Testing
8 5 (16.13%) Data Mapping
8 5 (16.13%) Business Analysis
9 4 (12.90%) Stress Testing
9 4 (12.90%) General Ledger
9 4 (12.90%) Data Analysis
9 4 (12.90%) Stakeholder Management
9 4 (12.90%) Project Management
9 4 (12.90%) Oracle
9 4 (12.90%) Analytical Skills
10 3 (9.68%) Test Strategy
10 3 (9.68%) Data Warehouse
10 3 (9.68%) Basel II
10 3 (9.68%) Front Office
10 3 (9.68%) Agile Software Development
10 3 (9.68%) Degree
10 3 (9.68%) QA
10 3 (9.68%) Credit Risk
11 2 (6.45%) Derivative
11 2 (6.45%) IT Governance
11 2 (6.45%) Requirements Analysis
11 2 (6.45%) Microgen
11 2 (6.45%) Reference Data

COREP
Top Related IT Skills in London by Category

For the 6 months to 30 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 (3.23%) IBM Notes
Applications
1 1 (3.23%) MS Excel
Business Applications
1 1 (3.23%) Oracle Financials
Database & Business Intelligence
1 3 (9.68%) Data Warehouse
2 2 (6.45%) Data Mining
2 2 (6.45%) SQL Server
3 1 (3.23%) RDBMS
3 1 (3.23%) Data Mart
3 1 (3.23%) Oracle Database
3 1 (3.23%) Relational Database
General
1 22 (70.97%) Finance
2 14 (45.16%) Banking
3 11 (35.48%) Investment Banking
4 4 (12.90%) General Ledger
5 3 (9.68%) Front Office
6 2 (6.45%) Back Office
6 2 (6.45%) Financial Institution
7 1 (3.23%) Marketing
7 1 (3.23%) Retail
Job Titles
1 16 (51.61%) Analyst
2 15 (48.39%) Business Analyst
3 6 (19.35%) Project Manager
4 5 (16.13%) Developer
5 2 (6.45%) PMO Lead
6 1 (3.23%) Consultant
6 1 (3.23%) Sales Consultant
6 1 (3.23%) Data Analyst
6 1 (3.23%) Analyst Developer
6 1 (3.23%) Pre Sales Consultant
6 1 (3.23%) IT Business Analyst
6 1 (3.23%) Business Data Analyst
6 1 (3.23%) QA Leader
Libraries, Frameworks & Software Standards
1 1 (3.23%) XBRL
Miscellaneous
1 4 (12.90%) Analytical Skills
2 3 (9.68%) Credit Risk
3 2 (6.45%) Reference Data
3 2 (6.45%) Derivative
4 1 (3.23%) Foreign Exchange (FX)
4 1 (3.23%) Credit Derivative
Operating Systems
1 2 (6.45%) UNIX
Processes & Methodologies
1 7 (22.58%) User Acceptance Testing
2 5 (16.13%) Data Mapping
2 5 (16.13%) Business Analysis
3 4 (12.90%) Stakeholder Management
3 4 (12.90%) Project Management
3 4 (12.90%) Stress Testing
3 4 (12.90%) Data Analysis
4 3 (9.68%) Test Strategy
4 3 (9.68%) Agile Software Development
5 2 (6.45%) IT Governance
5 2 (6.45%) Requirements Analysis
5 2 (6.45%) ETL
5 2 (6.45%) Performance Tuning
5 2 (6.45%) Technical Analysis
5 2 (6.45%) Stakeholder Engagement
6 1 (3.23%) Integration Testing
6 1 (3.23%) Business Intelligence
6 1 (3.23%) PRINCE
6 1 (3.23%) BPR
6 1 (3.23%) Change Management
Programming Languages
1 8 (25.81%) SQL
2 2 (6.45%) Shell Script
3 1 (3.23%) PL/SQL
3 1 (3.23%) VBA
Qualifications
1 3 (9.68%) Degree
2 1 (3.23%) PMP
2 1 (3.23%) PMI Certification
Quality Assurance & Compliance
1 12 (38.71%) FINREP
2 10 (32.26%) Basel III
3 8 (25.81%) CRD IV
4 3 (9.68%) Basel II
4 3 (9.68%) QA
5 1 (3.23%) Dodd-Frank
5 1 (3.23%) Solvency II
5 1 (3.23%) Data Quality
5 1 (3.23%) EMIR
Vendors
1 4 (12.90%) Oracle
2 2 (6.45%) Microgen
3 1 (3.23%) Business Objects
3 1 (3.23%) SAP
3 1 (3.23%) Microsoft
3 1 (3.23%) Lotus
London
Aston Carter
Rate: £450 - £550 per day
Posted: 6 days ago
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 13 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 22 days ago