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 1 October 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
1 Oct 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 387 343 349
Rank change year-on-year
-44 +6
Contract jobs citing FATCA 27 81 72
As % of all contract IT jobs located in London 0.11% 0.32% 0.28%
As % of the Quality Assurance & Compliance category 1.41% 3.91% 3.46%
Number of daily rates quoted 18 76 61
Average daily rate
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of your Daily Rate
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£588 £550 £550
Average daily rate % change year-on-year
+6.81% -
90% offered a daily rate of more than £493 £413 £430
10% offered a daily rate of more than £750 £663 £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 0
Average hourly rate - - -
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
1913 2071 2081
As % of all contract IT jobs located in London 7.89% 8.21% 8.11%
Number of daily rates quoted 1332 1446 1476
Average daily rate £438 £475 £470
Average daily rate % change year-on-year
-7.89% +1.06%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £600 £650 £638
UK excluding London average daily rate £375 £350 £375
% change year-on-year
+7.14% -6.66%
Number of hourly rates quoted 30 23 44
Average hourly rate £19.00 £17.50 £18.00
Average hourly rate % change year-on-year
+8.57% -2.77%
90% offered a hourly rate of more than £12.95 £13.98 £12.90
10% offered a hourly rate of more than £141.25 £67.00 £50.00
UK excluding London average hourly rate £20.00 £17.50 £20.00
% change year-on-year
+14.28% -12.50%

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 1 October 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 1 October 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 +6 2 £600 +9.09% 5
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 1 October 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 (66.67%) Banking
2 21 (38.89%) Finance
3 20 (37.04%) Investment Banking
4 17 (31.48%) EMIR
5 16 (29.63%) Dodd-Frank
6 11 (20.37%) Project Management
7 8 (14.81%) Business Analysis
8 7 (12.96%) Asset Management
8 7 (12.96%) Legal
9 6 (11.11%) MiFID
10 5 (9.26%) Hedge funds
10 5 (9.26%) Stakeholder Management
10 5 (9.26%) Change Management
10 5 (9.26%) Agile Software Development
11 4 (7.41%) Derivative
11 4 (7.41%) Front Office
12 3 (5.56%) Java
12 3 (5.56%) ISEB
12 3 (5.56%) Programme Management
12 3 (5.56%) Equity Derivative
12 3 (5.56%) Analytical Skills
12 3 (5.56%) QA
12 3 (5.56%) User Acceptance Testing
12 3 (5.56%) Data Architecture
13 2 (3.70%) Reference Data
13 2 (3.70%) Test Scripting
13 2 (3.70%) Wealth Management
13 2 (3.70%) Use Case
13 2 (3.70%) HP Quality Center
13 2 (3.70%) AIFMD

FATCA
Top Related IT Skills in London by Category

For the 6 months to 1 October 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 1 (1.85%) SAS
Applications
1 2 (3.70%) MS Excel
1 2 (3.70%) MS Visio
2 1 (1.85%) MS Office
2 1 (1.85%) MS PowerPoint
Communications & Networking
1 1 (1.85%) 2G
Database & Business Intelligence
1 1 (1.85%) Data Warehouse
Development Applications
1 1 (1.85%) Toad
General
1 36 (66.67%) Banking
2 21 (38.89%) Finance
3 20 (37.04%) Investment Banking
4 7 (12.96%) Legal
5 4 (7.41%) Front Office
6 1 (1.85%) Back Office
6 1 (1.85%) Manufacturing
6 1 (1.85%) Wholesale Banking
6 1 (1.85%) Corporate Banking
Job Titles
1 31 (57.41%) Analyst
2 28 (51.85%) Business Analyst
3 15 (27.78%) Project Manager
4 7 (12.96%) Banking Business Analyst
5 4 (7.41%) Programme Manager
6 3 (5.56%) Senior Manager
6 3 (5.56%) Senior Project Manager
6 3 (5.56%) Technical Analyst
6 3 (5.56%) Technical Business Analyst
6 3 (5.56%) Investment Banking Business Analyst
7 2 (3.70%) Programme Test Manager
7 2 (3.70%) Technical Specialist
7 2 (3.70%) Financial Business Analyst
7 2 (3.70%) Data Analyst
7 2 (3.70%) Test Manager
7 2 (3.70%) Consultant
8 1 (1.85%) Solutions Architect
8 1 (1.85%) Architect
8 1 (1.85%) QA Manager
8 1 (1.85%) Support Analyst
Libraries, Frameworks & Software Standards
1 1 (1.85%) XML
Miscellaneous
1 5 (9.26%) Hedge funds
2 4 (7.41%) Derivative
3 3 (5.56%) Equity Derivative
3 3 (5.56%) Analytical Skills
4 2 (3.70%) Reference Data
4 2 (3.70%) Equities
5 1 (1.85%) Management Information System
5 1 (1.85%) Fixed Income
5 1 (1.85%) User Experience
5 1 (1.85%) Data Integration
Processes & Methodologies
1 11 (20.37%) Project Management
2 8 (14.81%) Business Analysis
3 7 (12.96%) Asset Management
4 5 (9.26%) Stakeholder Management
4 5 (9.26%) Change Management
4 5 (9.26%) Agile Software Development
5 3 (5.56%) Programme Management
5 3 (5.56%) User Acceptance Testing
5 3 (5.56%) Data Architecture
6 2 (3.70%) Test Scripting
6 2 (3.70%) Wealth Management
6 2 (3.70%) Use Case
6 2 (3.70%) Test Planning
6 2 (3.70%) Data Analysis
6 2 (3.70%) Migration
6 2 (3.70%) Workflow
6 2 (3.70%) Risk Management
6 2 (3.70%) UML
6 2 (3.70%) Data Modelling
6 2 (3.70%) Quality Management
Programming Languages
1 3 (5.56%) Java
2 2 (3.70%) SQL
2 2 (3.70%) VB
3 1 (1.85%) C
Qualifications
1 3 (5.56%) ISEB
Quality Assurance & Compliance
1 17 (31.48%) EMIR
2 16 (29.63%) Dodd-Frank
3 6 (11.11%) MiFID
4 3 (5.56%) QA
5 2 (3.70%) AIFMD
5 2 (3.70%) Basel III
5 2 (3.70%) Solvency II
6 1 (1.85%) Data Quality
Systems Management
1 2 (3.70%) HP Quality Center
Vendors
1 1 (1.85%) HP
1 1 (1.85%) Oracle
1 1 (1.85%) Pega
City of London
Real Staffing
Rate: £600 - £650 per day + competitive
Posted: 18 hours ago
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 14 days ago
London
Real Staffing
Rate: £700 per day + competitive
Posted: 15 days ago
City of London
Orgtel
Rate: £450 - £550 per day + competitive
Posted: 23 days ago