The table below looks at the statistics for FATCA skills in IT contracts advertised for the London region. Included is a guide to the contractor rates offered in IT contracts that have cited FATCA over the 3 months to 6 May 2016 with a comparison to the same period over 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.

3 months to
6 May 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 399 364 390
Rank change year-on-year
-35 +26
Contract jobs citing FATCA 38 60 43
As % of all contract IT jobs located in London 0.17% 0.27% 0.18%
As % of the Quality Assurance & Compliance category 1.88% 3.00% 1.90%
Number of daily rates quoted 27 39 31
Median daily rate £400 £600 £550
Median daily rate % change year-on-year
-33.33% +9.09%
90% offered a daily rate of more than £313 £440 £415
10% offered a daily rate of more than £630 £710 £613
UK excluding London median daily rate £325 £400 £400
% change year-on-year
-18.75% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
FATCA
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
2016 1999 2262
As % of all contract IT jobs located in London 8.85% 8.89% 9.69%
Number of daily rates quoted 1421 1394 1610
Median daily rate £450 £450 £450
90% offered a daily rate of more than £300 £280 £288
10% offered a daily rate of more than £629 £625 £625
UK excluding London median daily rate £400 £388 £365
% change year-on-year
+3.22% +6.16%
Number of hourly rates quoted 26 22 35
Median hourly rate £22.00 £20.00 £21.75
Median hourly rate % change year-on-year
+10.00% -8.04%
90% offered a hourly rate of more than £14.20 £12.80 £14.90
10% offered a hourly rate of more than £32.65 £165.00 £55.65
UK excluding London median hourly rate £22.50 £29.00 £21.00
% change year-on-year
-22.41% +38.09%

FATCA
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing FATCA as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in London

FATCA
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FATCA across the London region.

FATCA Daily Rate Trend in London

FATCA
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the London region over the 3 months to 6 May 2016.

FATCA Daily Rate Histogram in London

FATCA
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the London region over the 3 months to 6 May 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +38 9 £375 -31.81%
Docklands, London - 1 £600 -
Canary Wharf - 1 £513 -
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 6 May 2016, IT contractor jobs citing FATCA also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for FATCA.

1 56 (64.37%) Banking
2 42 (48.28%) Finance
3 31 (35.63%) Business Analysis
4 29 (33.33%) Investment Banking
5 25 (28.74%) MiFID
6 23 (26.44%) Stakeholder Management
7 20 (22.99%) KYC
8 19 (21.84%) Analytical Skills
9 17 (19.54%) EMIR
10 16 (18.39%) Anti-Money Laundering
11 13 (14.94%) Dodd-Frank
12 12 (13.79%) Target Operating Model
13 11 (12.64%) Project Management
14 10 (11.49%) User Acceptance Testing
15 9 (10.34%) Cash Management
15 9 (10.34%) Degree
15 9 (10.34%) Billing
15 9 (10.34%) GAP Analysis
15 9 (10.34%) Business Intelligence
15 9 (10.34%) Software Delivery
16 8 (9.20%) SDLC
16 8 (9.20%) SQL
16 8 (9.20%) Derivative
16 8 (9.20%) QA
17 7 (8.05%) Stakeholder Engagement
17 7 (8.05%) Retail
17 7 (8.05%) Oracle
17 7 (8.05%) MS Office
17 7 (8.05%) Basel II
17 7 (8.05%) Microsoft

FATCA
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (1.15%) SharePoint
Applications
1 7 (8.05%) MS Office
2 3 (3.45%) MS Visio
3 1 (1.15%) MS Excel
3 1 (1.15%) MS PowerPoint
3 1 (1.15%) MS Project
Business Applications
1 1 (1.15%) Global One
1 1 (1.15%) Loan IQ
1 1 (1.15%) Summit
Communications & Networking
1 1 (1.15%) HTTPS
Database & Business Intelligence
1 2 (2.30%) Data Warehouse
2 1 (1.15%) OLTP
2 1 (1.15%) Oracle Database
2 1 (1.15%) Oracle Reports
2 1 (1.15%) QlikView
2 1 (1.15%) SQL Server
Development Applications
1 1 (1.15%) JIRA
General
1 56 (64.37%) Banking
2 42 (48.28%) Finance
3 29 (33.33%) Investment Banking
4 9 (10.34%) Billing
5 7 (8.05%) Retail
6 6 (6.90%) Financial Institution
7 4 (4.60%) Legal
8 2 (2.30%) Back Office
9 1 (1.15%) Front Office
9 1 (1.15%) General Ledger
9 1 (1.15%) International Banking
9 1 (1.15%) Retail Banking
9 1 (1.15%) Wholesale Banking
Job Titles
1 64 (73.56%) Analyst
2 62 (71.26%) Business Analyst
3 19 (21.84%) Banking Analyst
4 17 (19.54%) Banking Business Analyst
5 12 (13.79%) Finance Business Analyst
5 12 (13.79%) Financial Analyst
5 12 (13.79%) MiFID Business Analyst
6 11 (12.64%) Service Analyst
7 10 (11.49%) Financial Business Analyst
7 10 (11.49%) Financial Services Business Analyst
7 10 (11.49%) Project Manager
8 8 (9.20%) Regulatory Business Analyst
9 7 (8.05%) Business IT Analyst
9 7 (8.05%) IT Analyst
9 7 (8.05%) IT Business Analyst
9 7 (8.05%) Treasury Business Analyst
10 5 (5.75%) Architect
10 5 (5.75%) Report Analyst
10 5 (5.75%) Senior Analyst
10 5 (5.75%) Senior Business Analyst
Miscellaneous
1 19 (21.84%) Analytical Skills
2 8 (9.20%) Derivative
3 2 (2.30%) Equities
3 2 (2.30%) Foreign Exchange (FX)
4 1 (1.15%) Data Extraction
4 1 (1.15%) Enterprise Software
4 1 (1.15%) Equity Derivative
4 1 (1.15%) Fintech
4 1 (1.15%) Fixed Income
4 1 (1.15%) Reference Data
Operating Systems
1 1 (1.15%) Unix
Processes & Methodologies
1 31 (35.63%) Business Analysis
2 23 (26.44%) Stakeholder Management
3 20 (22.99%) KYC
4 16 (18.39%) Anti-Money Laundering
5 12 (13.79%) Target Operating Model
6 11 (12.64%) Project Management
7 10 (11.49%) User Acceptance Testing
8 9 (10.34%) Business Intelligence
8 9 (10.34%) Cash Management
8 9 (10.34%) GAP Analysis
8 9 (10.34%) Software Delivery
9 8 (9.20%) SDLC
10 7 (8.05%) Quality Management
10 7 (8.05%) Stakeholder Engagement
11 5 (5.75%) Change Management
12 4 (4.60%) Asset Management
12 4 (4.60%) Data Analysis
12 4 (4.60%) ETL
12 4 (4.60%) Migration
13 3 (3.45%) Data Analytics
Programming Languages
1 8 (9.20%) SQL
2 1 (1.15%) PL/SQL
2 1 (1.15%) VBA
Qualifications
1 9 (10.34%) Degree
Quality Assurance & Compliance
1 25 (28.74%) MiFID
2 17 (19.54%) EMIR
3 13 (14.94%) Dodd-Frank
4 8 (9.20%) QA
5 7 (8.05%) Basel II
5 7 (8.05%) CRD IV
6 3 (3.45%) AIFMD
7 1 (1.15%) Basel III
7 1 (1.15%) Data Quality
7 1 (1.15%) Solvency II
7 1 (1.15%) UCITS
Systems Management
1 4 (4.60%) HP Quality Center
Vendors
1 7 (8.05%) Microsoft
1 7 (8.05%) Oracle
2 4 (4.60%) Informatica
2 4 (4.60%) Teradata
3 2 (2.30%) Calypso
3 2 (2.30%) LexisNexis
4 1 (1.15%) IBM
4 1 (1.15%) Murex
4 1 (1.15%) Pega
London
Reed Technology
Rate: £450 - £550 per day
Posted: 2 days ago