The table below looks at the statistics for FATCA 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 FATCA over the 3 months to 19 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
19 Sep 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 392 346 337
Rank change year-on-year
-46 -9
Contract jobs citing FATCA 28 88 69
As % of all contract IT jobs located in London 0.11% 0.35% 0.27%
As % of the Quality Assurance & Compliance category 1.46% 4.18% 3.25%
Number of daily rates quoted 21 83 57
Average daily rate
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of your Daily Rate
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£600 £550 £550
Average daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £500 £413 £426
10% offered a daily rate of more than £750 £675 £700
UK excluding London average daily rate £550 £500 £375
% change year-on-year
+10.00% +33.33%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £24.00
UK excluding London average 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
1921 2103 2120
As % of all contract IT jobs located in London 7.84% 8.37% 8.21%
Number of daily rates quoted 1324 1460 1465
Average daily rate £438 £475 £475
Average daily rate % change year-on-year
-7.89% -
90% offered a daily rate of more than £275 £288 £290
10% offered a daily rate of more than £600 £650 £625
UK excluding London average daily rate £375 £354 £363
% change year-on-year
+6.00% -2.41%
Number of hourly rates quoted 31 23 50
Average hourly rate £18.00 £20.00 £18.00
Average hourly rate % change year-on-year
-10.00% +11.11%
90% offered a hourly rate of more than £12.50 £13.97 £12.50
10% offered a hourly rate of more than £137.50 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £21.00
% change year-on-year
+14.28% -16.66%

FATCA
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing FATCA across the London region as a proportion of the total demand within 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 19 September 2014.

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 average contractor rates quoted in IT jobs citing FATCA within the London region over the 3 months to 19 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 +2 2 £600 +9.09% 3
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 19 September 2014, IT contractor jobs across the London region citing FATCA 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 FATCA.

1 36 (63.16%) Banking
2 22 (38.60%) Finance
3 19 (33.33%) Investment Banking
4 15 (26.32%) EMIR
5 14 (24.56%) Dodd-Frank
6 11 (19.30%) Project Management
7 8 (14.04%) Legal
7 8 (14.04%) Business Analysis
8 7 (12.28%) Stakeholder Management
8 7 (12.28%) Asset Management
9 5 (8.77%) Agile Software Development
9 5 (8.77%) Change Management
9 5 (8.77%) Hedge funds
10 4 (7.02%) MiFID
10 4 (7.02%) Front Office
10 4 (7.02%) Derivative
11 3 (5.26%) Java
11 3 (5.26%) Data Modelling
11 3 (5.26%) ISEB
11 3 (5.26%) Equity Derivative
11 3 (5.26%) Programme Management
11 3 (5.26%) User Acceptance Testing
11 3 (5.26%) QA
11 3 (5.26%) Data Architecture
11 3 (5.26%) Analytical Skills
12 2 (3.51%) Data Integration
12 2 (3.51%) HP Quality Center
12 2 (3.51%) AIFMD
12 2 (3.51%) Test Planning
12 2 (3.51%) Basel III

FATCA
Top Related IT Skills in London by Category

For the 6 months to 19 September 2014, IT contractor jobs across the London region citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Application Platforms
1 2 (3.51%) SAS
Applications
1 2 (3.51%) MS Excel
1 2 (3.51%) MS Visio
2 1 (1.75%) MS Office
2 1 (1.75%) MS PowerPoint
Communications & Networking
1 1 (1.75%) 2G
Database & Business Intelligence
1 2 (3.51%) Data Warehouse
Development Applications
1 1 (1.75%) Toad
General
1 36 (63.16%) Banking
2 22 (38.60%) Finance
3 19 (33.33%) Investment Banking
4 8 (14.04%) Legal
5 4 (7.02%) Front Office
6 1 (1.75%) Retail Banking
6 1 (1.75%) Corporate Banking
6 1 (1.75%) Retail
6 1 (1.75%) Back Office
6 1 (1.75%) Manufacturing
Job Titles
1 31 (54.39%) Analyst
2 28 (49.12%) Business Analyst
3 15 (26.32%) Project Manager
4 7 (12.28%) Banking Business Analyst
5 4 (7.02%) Programme Manager
6 3 (5.26%) Consultant
6 3 (5.26%) Senior Manager
6 3 (5.26%) Technical Business Analyst
6 3 (5.26%) Senior Project Manager
6 3 (5.26%) Technical Analyst
6 3 (5.26%) Investment Banking Business Analyst
7 2 (3.51%) Programme Test Manager
7 2 (3.51%) Data Analyst
7 2 (3.51%) Technical Specialist
7 2 (3.51%) Financial Business Analyst
7 2 (3.51%) Solutions Architect
7 2 (3.51%) Test Manager
7 2 (3.51%) Architect
8 1 (1.75%) QA Manager
8 1 (1.75%) Support Analyst
Libraries, Frameworks & Software Standards
1 1 (1.75%) XML
Miscellaneous
1 5 (8.77%) Hedge funds
2 4 (7.02%) Derivative
3 3 (5.26%) Equity Derivative
3 3 (5.26%) Analytical Skills
4 2 (3.51%) Data Integration
4 2 (3.51%) Reference Data
4 2 (3.51%) Equities
5 1 (1.75%) Management Information System
5 1 (1.75%) Fixed Income
5 1 (1.75%) Mobile Payment
5 1 (1.75%) User Experience
Processes & Methodologies
1 11 (19.30%) Project Management
2 8 (14.04%) Business Analysis
3 7 (12.28%) Stakeholder Management
3 7 (12.28%) Asset Management
4 5 (8.77%) Agile Software Development
4 5 (8.77%) Change Management
5 3 (5.26%) Data Modelling
5 3 (5.26%) Programme Management
5 3 (5.26%) User Acceptance Testing
5 3 (5.26%) Data Architecture
6 2 (3.51%) Test Planning
6 2 (3.51%) Wealth Management
6 2 (3.51%) Use Case
6 2 (3.51%) Test Scripting
6 2 (3.51%) Migration
6 2 (3.51%) Workflow
6 2 (3.51%) Risk Management
6 2 (3.51%) Data Analysis
6 2 (3.51%) Business Intelligence
6 2 (3.51%) SOA
Programming Languages
1 3 (5.26%) Java
2 2 (3.51%) SQL
2 2 (3.51%) VB
3 1 (1.75%) C
Qualifications
1 3 (5.26%) ISEB
Quality Assurance & Compliance
1 15 (26.32%) EMIR
2 14 (24.56%) Dodd-Frank
3 4 (7.02%) MiFID
4 3 (5.26%) QA
5 2 (3.51%) AIFMD
5 2 (3.51%) Basel III
5 2 (3.51%) Solvency II
6 1 (1.75%) Data Quality
Systems Management
1 2 (3.51%) HP Quality Center
Vendors
1 1 (1.75%) Oracle
1 1 (1.75%) HP
1 1 (1.75%) Pega
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 2 days ago
London
Real Staffing
Rate: £700 per day + competitive
Posted: 3 days ago
London
Aston Carter
Rate: £400 - £700 per day
Posted: 3 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 11 days ago