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 4 December 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
4 Dec 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 356 363 390
Rank change year-on-year
+7 +27
Contract jobs citing FATCA 70 63 35
As % of all contract IT jobs located in London 0.33% 0.28% 0.15%
As % of the Quality Assurance & Compliance category 3.26% 2.72% 1.53%
Number of daily rates quoted 49 35 24
Median daily rate £550 £425 £600
Median daily rate % change year-on-year
+29.41% -29.16%
90% offered a daily rate of more than £410 £355 £525
10% offered a daily rate of more than £650 £600 £728
UK excluding London median daily rate £450 £475 £515
% change year-on-year
-5.26% -7.76%
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
2148 2317 2290
As % of all contract IT jobs located in London 10.05% 10.24% 9.55%
Number of daily rates quoted 1502 1525 1631
Median daily rate £475 £475 £450
Median daily rate % change year-on-year
- +5.55%
90% offered a daily rate of more than £305 £300 £275
10% offered a daily rate of more than £650 £638 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 40 28 40
Median hourly rate £18.94 £22.25 £23.00
Median hourly rate % change year-on-year
-14.89% -3.26%
90% offered a hourly rate of more than £12.06 £13.40 £13.50
10% offered a hourly rate of more than £44.70 £53.00 £47.50
UK excluding London median hourly rate £22.50 £25.00 £22.00
% change year-on-year
-10.00% +13.63%

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 4 December 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 4 December 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
Canary Wharf +4 2 £395 -12.22%
City of London -10 1 - - 2
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 4 December 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 63 (64.95%) Finance
2 58 (59.79%) Banking
3 42 (43.30%) Agile Software Development
4 35 (36.08%) Scrum
5 30 (30.93%) Degree
6 29 (29.90%) Java
7 27 (27.84%) Business Analysis
8 26 (26.80%) Spring
8 26 (26.80%) Unix
9 25 (25.77%) JIRA
9 25 (25.77%) Jenkins
10 24 (24.74%) jQuery
10 24 (24.74%) KYC
10 24 (24.74%) SQL
11 23 (23.71%) Linux
11 23 (23.71%) Refactoring
11 23 (23.71%) Node.js
11 23 (23.71%) AngularJS
12 22 (22.68%) REST
12 22 (22.68%) TeamCity
12 22 (22.68%) Git (software)
12 22 (22.68%) Solace
12 22 (22.68%) Korn
12 22 (22.68%) Maven
12 22 (22.68%) Stakeholder Management
12 22 (22.68%) Shell Script
12 22 (22.68%) JMS
12 22 (22.68%) SOAP
12 22 (22.68%) Web Services
13 21 (21.65%) JavaScript

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 7 (7.22%) WebSphere
2 3 (3.09%) Apache Spark
Applications
1 3 (3.09%) MS Project
2 2 (2.06%) MS PowerPoint
2 2 (2.06%) MS Visio
Business Applications
1 4 (4.12%) Summit
Communications & Networking
1 1 (1.03%) HTTP
Database & Business Intelligence
1 12 (12.37%) Big Data
2 8 (8.25%) MongoDB
3 4 (4.12%) Relational Database
4 3 (3.09%) Flink
4 3 (3.09%) Hadoop
4 3 (3.09%) NoSQL
4 3 (3.09%) RDBMS
5 2 (2.06%) SQL Server Integration Services
6 1 (1.03%) Data Warehouse
Development Applications
1 25 (25.77%) Jenkins
1 25 (25.77%) JIRA
2 22 (22.68%) Git (software)
2 22 (22.68%) Maven
2 22 (22.68%) TeamCity
3 17 (17.53%) JUnit
3 17 (17.53%) Mockito
3 17 (17.53%) Spock
4 8 (8.25%) Gradle
5 3 (3.09%) Selenium
5 3 (3.09%) Sonatype Nexus
General
1 63 (64.95%) Finance
2 58 (59.79%) Banking
3 17 (17.53%) Investment Banking
4 10 (10.31%) Legal
5 7 (7.22%) Retail
6 6 (6.19%) Financial Institution
7 4 (4.12%) Back Office
8 3 (3.09%) Private Banking
9 2 (2.06%) Front Office
9 2 (2.06%) Marketing
9 2 (2.06%) Retail Banking
Job Titles
1 27 (27.84%) Business Analyst
2 25 (25.77%) Analyst
3 23 (23.71%) Developer
4 20 (20.62%) Java Developer
5 16 (16.49%) Architect
6 14 (14.43%) Project Manager
7 12 (12.37%) Data Architect
7 12 (12.37%) Senior Developer
8 11 (11.34%) Senior Java Developer
9 7 (7.22%) Regulatory Business Analyst
9 7 (7.22%) UI Developer
10 6 (6.19%) Data Business Analyst
10 6 (6.19%) Senior Business Analyst
10 6 (6.19%) UX Developer
11 5 (5.15%) Business IT Analyst
11 5 (5.15%) IT Analyst
11 5 (5.15%) IT Business Analyst
11 5 (5.15%) Senior Analyst
11 5 (5.15%) Technical Leader
12 4 (4.12%) Angular Developer
Libraries, Frameworks & Software Standards
1 26 (26.80%) Spring
2 24 (24.74%) jQuery
3 23 (23.71%) AngularJS
3 23 (23.71%) Node.js
4 22 (22.68%) JMS
4 22 (22.68%) REST
4 22 (22.68%) SOAP
4 22 (22.68%) Web Services
5 20 (20.62%) HTML
6 19 (19.59%) CSS
6 19 (19.59%) CSS3
6 19 (19.59%) HTML5
7 17 (17.53%) Gherkin
7 17 (17.53%) Hibernate
7 17 (17.53%) JDBC
7 17 (17.53%) JSON
7 17 (17.53%) XML
7 17 (17.53%) XSD
7 17 (17.53%) XSLT
8 16 (16.49%) Spring MVC
Miscellaneous
1 18 (18.56%) Reference Data
2 14 (14.43%) User Experience
3 8 (8.25%) Foreign Exchange (FX)
4 5 (5.15%) Analytical Skills
4 5 (5.15%) Fintech
5 3 (3.09%) Data Integration
5 3 (3.09%) Derivative
5 3 (3.09%) Equities
5 3 (3.09%) Fixed Income
6 2 (2.06%) Market Risk
6 2 (2.06%) Minimum Viable Product
7 1 (1.03%) Management Information System
Operating Systems
1 26 (26.80%) Unix
2 23 (23.71%) Linux
3 1 (1.03%) Red Hat Enterprise Linux
Processes & Methodologies
1 42 (43.30%) Agile Software Development
2 35 (36.08%) Scrum
3 27 (27.84%) Business Analysis
4 24 (24.74%) KYC
5 23 (23.71%) Refactoring
6 22 (22.68%) Stakeholder Management
7 21 (21.65%) BDD
7 21 (21.65%) TDD
8 16 (16.49%) MVC
9 15 (15.46%) Data Modelling
9 15 (15.46%) Project Management
10 14 (14.43%) Target Operating Model
11 10 (10.31%) Analytics
11 10 (10.31%) Data Management
12 9 (9.28%) Change Management
12 9 (9.28%) Data Architecture
12 9 (9.28%) Data Governance
13 8 (8.25%) Anti-Money Laundering
14 7 (7.22%) Matrix Organization
14 7 (7.22%) SDLC
Programming Languages
1 29 (29.90%) Java
2 24 (24.74%) SQL
3 22 (22.68%) Korn
3 22 (22.68%) Shell Script
4 21 (21.65%) JavaScript
5 17 (17.53%) XPath
6 7 (7.22%) PL/SQL
7 1 (1.03%) Bash Shell
7 1 (1.03%) C
7 1 (1.03%) Python
7 1 (1.03%) Ruby
Qualifications
1 30 (30.93%) Degree
2 1 (1.03%) ISEB
2 1 (1.03%) MBA
Quality Assurance & Compliance
1 19 (19.59%) EMIR
2 17 (17.53%) MiFID
3 16 (16.49%) Dodd-Frank
4 5 (5.15%) QA
5 4 (4.12%) AIFMD
6 2 (2.06%) UCITS
System Software
1 2 (2.06%) Docker
Systems Management
1 1 (1.03%) Ansible
1 1 (1.03%) Puppet
Vendors
1 22 (22.68%) Solace
2 12 (12.37%) MuleSoft
3 7 (7.22%) Oracle
4 4 (4.12%) Calypso
4 4 (4.12%) IBM
5 3 (3.09%) Black Duck
6 1 (1.03%) Avaloq
6 1 (1.03%) Charles River
6 1 (1.03%) FNZ
6 1 (1.03%) Red Hat