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 21 November 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
21 Nov 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 383 363 346
Rank change year-on-year
-20 -17
Contract jobs citing FATCA 36 56 48
As % of all contract IT jobs located in London 0.15% 0.22% 0.21%
As % of the Quality Assurance & Compliance category 1.92% 2.80% 2.67%
Number of daily rates quoted 24 52 41
Average 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 £525 £416 £430
10% offered a daily rate of more than £728 £650 £650
UK excluding London average daily rate £520 £450 £348
% change year-on-year
+15.61% +29.49%
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
1878 1999 1796
As % of all contract IT jobs located in London 7.86% 8.00% 8.01%
Number of daily rates quoted 1306 1413 1280
Average daily rate £450 £475 £450
Average daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £275 £300 £275
10% offered a daily rate of more than £608 £653 £625
UK excluding London average daily rate £363 £350 £370
% change year-on-year
+3.57% -5.40%
Number of hourly rates quoted 43 22 37
Average hourly rate £22.50 £21.00 £20.00
Average hourly rate % change year-on-year
+7.14% +5.00%
90% offered a hourly rate of more than £13.65 £12.20 £13.50
10% offered a hourly rate of more than £47.50 £43.10 £46.61
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

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 21 November 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 21 November 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 -11 5 £425 -19.04% 3
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 21 November 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 46 (75.41%) Banking
2 30 (49.18%) Investment Banking
3 27 (44.26%) Finance
4 21 (34.43%) EMIR
5 20 (32.79%) Dodd-Frank
6 12 (19.67%) Project Management
7 11 (18.03%) Business Analysis
8 10 (16.39%) Change Management
9 9 (14.75%) Legal
9 9 (14.75%) Agile Software Development
9 9 (14.75%) Reference Data
10 6 (9.84%) User Acceptance Testing
10 6 (9.84%) Test Scripting
10 6 (9.84%) Analytical Skills
10 6 (9.84%) Risk Management
10 6 (9.84%) MS Excel
11 5 (8.20%) Microsoft
11 5 (8.20%) Management Information System
11 5 (8.20%) Test Management
11 5 (8.20%) QA
11 5 (8.20%) MiFID
12 4 (6.56%) Front Office
12 4 (6.56%) Programme Management
12 4 (6.56%) Retail
13 3 (4.92%) Quality Management
13 3 (4.92%) Java
13 3 (4.92%) Asset Management
13 3 (4.92%) Retail Banking
13 3 (4.92%) Relational Database
13 3 (4.92%) Project Planning

FATCA
Top Related IT Skills in London by Category

For the 6 months to 21 November 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.

Applications
1 6 (9.84%) MS Excel
2 2 (3.28%) MS Visio
2 2 (3.28%) MS Office
3 1 (1.64%) MS PowerPoint
Communications & Networking
1 1 (1.64%) 2G
Database & Business Intelligence
1 3 (4.92%) Relational Database
Development Applications
1 1 (1.64%) Toad
General
1 46 (75.41%) Banking
2 30 (49.18%) Investment Banking
3 27 (44.26%) Finance
4 9 (14.75%) Legal
5 4 (6.56%) Retail
5 4 (6.56%) Front Office
6 3 (4.92%) Retail Banking
7 1 (1.64%) Corporate Banking
7 1 (1.64%) Private Banking
7 1 (1.64%) Wholesale Banking
7 1 (1.64%) Manufacturing
Job Titles
1 34 (55.74%) Analyst
2 31 (50.82%) Business Analyst
3 13 (21.31%) Project Manager
4 7 (11.48%) Banking Business Analyst
5 6 (9.84%) Investment Banking Business Analyst
5 6 (9.84%) Programme Manager
5 6 (9.84%) Test Manager
6 4 (6.56%) Operations Manager
6 4 (6.56%) Technical Analyst
6 4 (6.56%) Technical Business Analyst
7 3 (4.92%) Data Analyst
7 3 (4.92%) Senior Project Manager
7 3 (4.92%) Senior Manager
8 2 (3.28%) Architect
8 2 (3.28%) Technical Specialist
8 2 (3.28%) Business Architect
8 2 (3.28%) Financial Business Analyst
8 2 (3.28%) Programme Test Manager
9 1 (1.64%) Agile Project Manager
9 1 (1.64%) Agile Business Analyst
Libraries, Frameworks & Software Standards
1 1 (1.64%) XML
Miscellaneous
1 9 (14.75%) Reference Data
2 6 (9.84%) Analytical Skills
3 5 (8.20%) Management Information System
4 2 (3.28%) Derivative
4 2 (3.28%) Equity Derivative
5 1 (1.64%) Hedge funds
5 1 (1.64%) User Experience
Processes & Methodologies
1 12 (19.67%) Project Management
2 11 (18.03%) Business Analysis
3 10 (16.39%) Change Management
4 9 (14.75%) Agile Software Development
5 6 (9.84%) Risk Management
5 6 (9.84%) User Acceptance Testing
5 6 (9.84%) Test Scripting
6 5 (8.20%) Test Management
7 4 (6.56%) Programme Management
8 3 (4.92%) Project Planning
8 3 (4.92%) Data Architecture
8 3 (4.92%) Asset Management
8 3 (4.92%) Quality Management
9 2 (3.28%) UML
9 2 (3.28%) GAP Analysis
9 2 (3.28%) Workflow
9 2 (3.28%) Migration
9 2 (3.28%) Stakeholder Management
9 2 (3.28%) Use Case
9 2 (3.28%) Data Analysis
Programming Languages
1 3 (4.92%) Java
2 2 (3.28%) SQL
2 2 (3.28%) VB
3 1 (1.64%) C
Qualifications
1 1 (1.64%) PMP
1 1 (1.64%) PMI Certification
Quality Assurance & Compliance
1 21 (34.43%) EMIR
2 20 (32.79%) Dodd-Frank
3 5 (8.20%) MiFID
3 5 (8.20%) QA
4 1 (1.64%) Basel III
4 1 (1.64%) Solvency II
4 1 (1.64%) Data Quality
4 1 (1.64%) AIFMD
4 1 (1.64%) CRD IV
4 1 (1.64%) Basel II
Systems Management
1 2 (3.28%) HP Quality Center
Vendors
1 5 (8.20%) Microsoft
2 1 (1.64%) HP
2 1 (1.64%) Pega
London
Real Staffing
Rate: £550 - £551600 per day + competitive
Posted: 8 days ago