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 27 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
27 May 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 392 367 383
Rank change year-on-year
-25 +16
Contract jobs citing FATCA 38 56 38
As % of all contract IT jobs located in London 0.17% 0.25% 0.17%
As % of the Quality Assurance & Compliance category 1.92% 2.73% 1.74%
Number of daily rates quoted 26 36 28
Median daily rate £450 £600 £550
Median daily rate % change year-on-year
-25.00% +9.09%
90% offered a daily rate of more than £313 £355 £410
10% offered a daily rate of more than £678 £700 £658
UK excluding London median daily rate £500 £400 £400
% change year-on-year
+25.00% -
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
1981 2048 2183
As % of all contract IT jobs located in London 8.98% 9.19% 9.62%
Number of daily rates quoted 1388 1450 1557
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London median daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 24 25 25
Median hourly rate £22.50 £20.00 £22.75
Median hourly rate % change year-on-year
+12.50% -12.08%
90% offered a hourly rate of more than £14.00 £13.40 £14.80
10% offered a hourly rate of more than £41.25 £165.00 £75.00
UK excluding London median hourly rate £28.25 £22.75 £21.00
% change year-on-year
+24.17% +8.33%

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 27 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 27 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 +33 8 £363 -36.95% 2
Docklands, London - 1 £600 -
Canary Wharf - 1 £513 -
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 27 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 49 (68.06%) Banking
2 33 (45.83%) Finance
3 23 (31.94%) Investment Banking
4 22 (30.56%) Business Analysis
5 21 (29.17%) Stakeholder Management
6 20 (27.78%) MiFID
7 18 (25.00%) KYC
8 16 (22.22%) EMIR
9 14 (19.44%) Anti-Money Laundering
10 13 (18.06%) Analytical Skills
11 12 (16.67%) Target Operating Model
11 12 (16.67%) Dodd-Frank
12 10 (13.89%) User Acceptance Testing
12 10 (13.89%) Project Management
13 9 (12.50%) Business Intelligence
13 9 (12.50%) Cash Management
13 9 (12.50%) Billing
14 8 (11.11%) Retail
15 7 (9.72%) Stakeholder Engagement
15 7 (9.72%) Oracle
15 7 (9.72%) SQL
16 6 (8.33%) Degree
17 5 (6.94%) Derivative
17 5 (6.94%) Migration
17 5 (6.94%) Agile Software Development
18 4 (5.56%) Teradata
18 4 (5.56%) Change Management
18 4 (5.56%) Legal
18 4 (5.56%) Informatica
18 4 (5.56%) ETL

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 (1.39%) Node.js
1 1 (1.39%) SharePoint
Applications
1 3 (4.17%) MS Office
1 3 (4.17%) MS Visio
2 2 (2.78%) MS Excel
2 2 (2.78%) MS PowerPoint
3 1 (1.39%) MS Project
Business Applications
1 1 (1.39%) Summit
Communications & Networking
1 1 (1.39%) HTTPS
Database & Business Intelligence
1 1 (1.39%) Data Warehouse
1 1 (1.39%) OLTP
1 1 (1.39%) Oracle Database
1 1 (1.39%) Oracle Reports
1 1 (1.39%) QlikView
1 1 (1.39%) SQL Server
Development Applications
1 2 (2.78%) JIRA
2 1 (1.39%) Jenkins
2 1 (1.39%) TeamCity
General
1 49 (68.06%) Banking
2 33 (45.83%) Finance
3 23 (31.94%) Investment Banking
4 9 (12.50%) Billing
5 8 (11.11%) Retail
6 4 (5.56%) Legal
7 3 (4.17%) Financial Institution
8 1 (1.39%) Back Office
8 1 (1.39%) Front Office
8 1 (1.39%) Retail Banking
Job Titles
1 50 (69.44%) Analyst
2 46 (63.89%) Business Analyst
3 16 (22.22%) Banking Analyst
3 16 (22.22%) Banking Business Analyst
4 11 (15.28%) Finance Business Analyst
4 11 (15.28%) Financial Analyst
5 10 (13.89%) Financial Business Analyst
5 10 (13.89%) Financial Services Business Analyst
5 10 (13.89%) Service Analyst
6 9 (12.50%) Project Manager
7 7 (9.72%) MiFID Business Analyst
8 6 (8.33%) Regulatory Business Analyst
9 5 (6.94%) Senior Analyst
9 5 (6.94%) Senior Business Analyst
10 4 (5.56%) Architect
10 4 (5.56%) Data Analyst
11 3 (4.17%) Business IT Analyst
11 3 (4.17%) MiFID Project Manager
11 3 (4.17%) Programme Manager
11 3 (4.17%) Report Analyst
Libraries, Frameworks & Software Standards
1 2 (2.78%) Velocity
2 1 (1.39%) AngularJS
2 1 (1.39%) jQuery
2 1 (1.39%) Spring
2 1 (1.39%) Spring Integration
2 1 (1.39%) Spring MVC
Miscellaneous
1 13 (18.06%) Analytical Skills
2 5 (6.94%) Derivative
3 2 (2.78%) Equities
3 2 (2.78%) Foreign Exchange (FX)
3 2 (2.78%) Minimum Viable Product
4 1 (1.39%) Equity Derivative
4 1 (1.39%) Fixed Income
4 1 (1.39%) OTC Derivatives
4 1 (1.39%) Reference Data
Operating Systems
1 1 (1.39%) Unix
Processes & Methodologies
1 22 (30.56%) Business Analysis
2 21 (29.17%) Stakeholder Management
3 18 (25.00%) KYC
4 14 (19.44%) Anti-Money Laundering
5 12 (16.67%) Target Operating Model
6 10 (13.89%) Project Management
6 10 (13.89%) User Acceptance Testing
7 9 (12.50%) Business Intelligence
7 9 (12.50%) Cash Management
8 7 (9.72%) Stakeholder Engagement
9 5 (6.94%) Agile Software Development
9 5 (6.94%) Migration
10 4 (5.56%) Asset Management
10 4 (5.56%) Change Management
10 4 (5.56%) Data Analysis
10 4 (5.56%) ETL
10 4 (5.56%) Investment Management
10 4 (5.56%) Software Delivery
11 3 (4.17%) SDLC
11 3 (4.17%) User Stories
Programming Languages
1 7 (9.72%) SQL
2 1 (1.39%) Java
2 1 (1.39%) JavaScript
2 1 (1.39%) PL/SQL
2 1 (1.39%) VBA
Qualifications
1 6 (8.33%) Degree
Quality Assurance & Compliance
1 20 (27.78%) MiFID
2 16 (22.22%) EMIR
3 12 (16.67%) Dodd-Frank
4 4 (5.56%) QA
5 3 (4.17%) Basel II
5 3 (4.17%) CRD IV
6 2 (2.78%) AIFMD
6 2 (2.78%) UCITS
7 1 (1.39%) Basel III
7 1 (1.39%) Data Quality
Systems Management
1 4 (5.56%) HP Quality Center
Vendors
1 7 (9.72%) Oracle
2 4 (5.56%) Informatica
2 4 (5.56%) Teradata
3 3 (4.17%) Microsoft
4 2 (2.78%) LexisNexis
5 1 (1.39%) Calypso
5 1 (1.39%) IBM
5 1 (1.39%) Pega
London
Connectus
Rate: £450 per day
Posted: 8 hours ago
London
Hays London City Cheapside
Rate: £700.00 - £800.00 per day
Posted: 4 days ago
City, London
Hays Finance Technology
Rate: £700.00 - £800.00 per day
Posted: 4 days ago