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 23 July 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
23 Jul 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 403 397 400
Rank change year-on-year
-6 +3
Contract jobs citing FATCA 28 29 21
As % of all contract IT jobs located in London 0.13% 0.12% 0.092%
As % of the Quality Assurance & Compliance category 1.39% 1.29% 0.98%
Number of daily rates quoted 20 17 17
Median daily rate £513 £520 £550
Median daily rate % change year-on-year
-1.44% -5.45%
90% offered a daily rate of more than £313 £336 £421
10% offered a daily rate of more than £631 £650 £650
UK excluding London median daily rate £525 £425 £425
% change year-on-year
+23.52% -
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
2014 2249 2140
As % of all contract IT jobs located in London 9.09% 9.53% 9.34%
Number of daily rates quoted 1406 1618 1477
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £300 £280 £275
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £395 £375
% change year-on-year
+1.26% +5.33%
Number of hourly rates quoted 26 32 21
Median hourly rate £19.23 £20.00 £20.00
Median hourly rate % change year-on-year
-3.85% -
90% offered a hourly rate of more than £12.60 £14.00 £13.60
10% offered a hourly rate of more than £53.80 £137.50 £112.75
UK excluding London median hourly rate £28.00 £22.00 £20.13
% change year-on-year
+27.27% +9.31%

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 23 July 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 23 July 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 +46 6 £438 -15.86% 3
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 23 July 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 47 (69.12%) Banking
2 37 (54.41%) Finance
3 23 (33.82%) Stakeholder Management
4 15 (22.06%) Investment Banking
4 15 (22.06%) Business Analysis
4 15 (22.06%) MiFID
4 15 (22.06%) EMIR
5 14 (20.59%) Target Operating Model
5 14 (20.59%) KYC
6 13 (19.12%) Degree
7 12 (17.65%) Agile Software Development
7 12 (17.65%) Project Management
8 11 (16.18%) Anti-Money Laundering
8 11 (16.18%) Dodd-Frank
9 9 (13.24%) SQL
9 9 (13.24%) Stakeholder Engagement
10 8 (11.76%) Analytical Skills
10 8 (11.76%) Business Intelligence
10 8 (11.76%) Retail
11 7 (10.29%) Billing
11 7 (10.29%) JIRA
11 7 (10.29%) Scrum
11 7 (10.29%) Cash Management
12 6 (8.82%) Unix
13 5 (7.35%) IBM
13 5 (7.35%) Calypso
13 5 (7.35%) Oracle
13 5 (7.35%) Risk Management
13 5 (7.35%) Summit
13 5 (7.35%) Data Analysis

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 (1.47%) WebSphere
Applications
1 2 (2.94%) MS Excel
1 2 (2.94%) MS PowerPoint
2 1 (1.47%) MS Project
2 1 (1.47%) MS Visio
Business Applications
1 5 (7.35%) Summit
Communications & Networking
1 1 (1.47%) HTTPS
Database & Business Intelligence
1 2 (2.94%) Data Warehouse
1 2 (2.94%) Relational Database
2 1 (1.47%) OLTP
Development Applications
1 7 (10.29%) JIRA
2 3 (4.41%) Jenkins
3 2 (2.94%) Maven
3 2 (2.94%) TeamCity
4 1 (1.47%) Git (software)
4 1 (1.47%) JUnit
4 1 (1.47%) Mockito
4 1 (1.47%) Selenium
4 1 (1.47%) Sonatype Nexus
4 1 (1.47%) Spock
General
1 47 (69.12%) Banking
2 37 (54.41%) Finance
3 15 (22.06%) Investment Banking
4 8 (11.76%) Retail
5 7 (10.29%) Billing
6 4 (5.88%) Financial Institution
7 3 (4.41%) Front Office
8 2 (2.94%) Legal
8 2 (2.94%) Retail Banking
9 1 (1.47%) Back Office
9 1 (1.47%) Marketing
Job Titles
1 40 (58.82%) Analyst
2 37 (54.41%) Business Analyst
3 12 (17.65%) Project Manager
4 10 (14.71%) Banking Analyst
4 10 (14.71%) Banking Business Analyst
5 8 (11.76%) Finance Business Analyst
5 8 (11.76%) Financial Analyst
5 8 (11.76%) Financial Business Analyst
5 8 (11.76%) Financial Services Business Analyst
5 8 (11.76%) Service Analyst
6 4 (5.88%) Architect
6 4 (5.88%) Developer
6 4 (5.88%) Regulatory Business Analyst
6 4 (5.88%) Senior Analyst
6 4 (5.88%) Senior Business Analyst
7 3 (4.41%) Business IT Analyst
7 3 (4.41%) IT Business Analyst
7 3 (4.41%) IT Project Manager
7 3 (4.41%) Programme Manager
7 3 (4.41%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 4 (5.88%) jQuery
1 4 (5.88%) Spring
1 4 (5.88%) Spring Integration
1 4 (5.88%) Spring MVC
2 3 (4.41%) AngularJS
2 3 (4.41%) Node.js
2 3 (4.41%) Swing
2 3 (4.41%) Velocity
3 2 (2.94%) CSS
3 2 (2.94%) CSS3
3 2 (2.94%) HTML
3 2 (2.94%) HTML5
4 1 (1.47%) JDBC
4 1 (1.47%) JSP
4 1 (1.47%) Servlets
4 1 (1.47%) SOAP
4 1 (1.47%) Web Services
4 1 (1.47%) XML
4 1 (1.47%) XSD
4 1 (1.47%) XSLT
Miscellaneous
1 8 (11.76%) Analytical Skills
2 3 (4.41%) Derivative
2 3 (4.41%) Minimum Viable Product
3 2 (2.94%) Equities
3 2 (2.94%) Foreign Exchange (FX)
3 2 (2.94%) Market Risk
4 1 (1.47%) Equity Derivative
4 1 (1.47%) Fixed Income
4 1 (1.47%) OTC Derivatives
4 1 (1.47%) Reference Data
4 1 (1.47%) User Experience
Operating Systems
1 6 (8.82%) Unix
2 1 (1.47%) Linux
Processes & Methodologies
1 23 (33.82%) Stakeholder Management
2 15 (22.06%) Business Analysis
3 14 (20.59%) KYC
3 14 (20.59%) Target Operating Model
4 12 (17.65%) Agile Software Development
4 12 (17.65%) Project Management
5 11 (16.18%) Anti-Money Laundering
6 9 (13.24%) Stakeholder Engagement
7 8 (11.76%) Business Intelligence
8 7 (10.29%) Cash Management
8 7 (10.29%) Scrum
9 5 (7.35%) Collateral Management
9 5 (7.35%) Data Analysis
9 5 (7.35%) Risk Management
9 5 (7.35%) User Acceptance Testing
10 4 (5.88%) BDD
10 4 (5.88%) Data Modelling
10 4 (5.88%) ETL
10 4 (5.88%) MVC
10 4 (5.88%) User Stories
Programming Languages
1 9 (13.24%) SQL
2 4 (5.88%) Java
3 3 (4.41%) JavaScript
4 1 (1.47%) Korn
4 1 (1.47%) PL/SQL
4 1 (1.47%) Shell Script
4 1 (1.47%) VBA
4 1 (1.47%) XPath
Qualifications
1 13 (19.12%) Degree
Quality Assurance & Compliance
1 15 (22.06%) EMIR
1 15 (22.06%) MiFID
2 11 (16.18%) Dodd-Frank
3 4 (5.88%) QA
4 1 (1.47%) AIFMD
4 1 (1.47%) UCITS
Systems Management
1 4 (5.88%) HP Quality Center
Vendors
1 5 (7.35%) Calypso
1 5 (7.35%) IBM
1 5 (7.35%) Oracle
2 4 (5.88%) Informatica
2 4 (5.88%) Teradata
3 1 (1.47%) Avaloq
3 1 (1.47%) Black Duck
3 1 (1.47%) Charles River
3 1 (1.47%) FNZ
3 1 (1.47%) LexisNexis
3 1 (1.47%) MuleSoft
3 1 (1.47%) Solace