The first table below looks at the demand 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 August 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category for the London region.

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 Aug 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 386 343 363
Rank change year-on-year
-43 +20
Contract jobs citing FATCA 22 72 47
As % of all contract IT jobs located in London 0.094% 0.30% 0.18%
As % of the Quality Assurance & Compliance category 1.21% 3.48% 2.26%
Number of daily rates quoted 18 64 38
Average daily rate
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£550 £563 £530
Average daily rate % change year-on-year
-2.22% +6.13%
90% offered a daily rate of more than £425 £404 £400
10% offered a daily rate of more than £650 £675 £750
UK excluding London average daily rate £513 £290 £338
% change year-on-year
+76.89% -14.07%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £24.00
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
1819 2067 2083
As % of all contract IT jobs located in London 7.75% 8.51% 7.93%
Number of daily rates quoted 1253 1456 1410
Average daily rate £425 £475 £475
Average daily rate % change year-on-year
-10.52% -
90% offered a daily rate of more than £260 £300 £300
10% offered a daily rate of more than £600 £650 £650
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 18 23 54
Average hourly rate £19.00 £24.30 £18.00
Average hourly rate % change year-on-year
-21.81% +35.00%
90% offered a hourly rate of more than £12.85 £12.62 £12.90
10% offered a hourly rate of more than £79.75 £42.40 £50.00
UK excluding London average hourly rate £20.10 £17.50 £20.00
% change year-on-year
+14.87% -12.50%
FATCA
England

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 August 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 August 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 +8 7 £556 -7.29% 4
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 1 August 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 39 (60.00%) Banking
2 28 (43.08%) Finance
3 24 (36.92%) EMIR
4 21 (32.31%) Dodd-Frank
5 18 (27.69%) Investment Banking
6 14 (21.54%) Project Management
7 9 (13.85%) Stakeholder Management
7 9 (13.85%) Front Office
8 8 (12.31%) Legal
8 8 (12.31%) Asset Management
9 7 (10.77%) Equities
9 7 (10.77%) Business Analysis
10 6 (9.23%) Derivative
10 6 (9.23%) MiFID
10 6 (9.23%) Hedge funds
10 6 (9.23%) ISEB
10 6 (9.23%) Data Modelling
11 5 (7.69%) SQL
11 5 (7.69%) Oracle
11 5 (7.69%) Change Management
11 5 (7.69%) Equity Derivative
12 4 (6.15%) QA
12 4 (6.15%) Wealth Management
12 4 (6.15%) Data Architecture
12 4 (6.15%) Data Warehouse
12 4 (6.15%) Business Intelligence
13 3 (4.62%) Java
13 3 (4.62%) SOA
13 3 (4.62%) ETL
13 3 (4.62%) SAS

FATCA
Top Related IT Skills in London by Category

For the 6 months to 1 August 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 3 (4.62%) SAS
2 1 (1.54%) SharePoint
Applications
1 3 (4.62%) MS PowerPoint
2 2 (3.08%) MS Visio
3 1 (1.54%) MS Office
3 1 (1.54%) MS Excel
Database & Business Intelligence
1 4 (6.15%) Data Warehouse
2 2 (3.08%) Oracle Database
General
1 39 (60.00%) Banking
2 28 (43.08%) Finance
3 18 (27.69%) Investment Banking
4 9 (13.85%) Front Office
5 8 (12.31%) Legal
6 2 (3.08%) Retail
7 1 (1.54%) Manufacturing
7 1 (1.54%) Publishing
7 1 (1.54%) Back Office
7 1 (1.54%) Retail Banking
7 1 (1.54%) Corporate Banking
Job Titles
1 32 (49.23%) Analyst
1 32 (49.23%) Business Analyst
2 17 (26.15%) Project Manager
3 6 (9.23%) Banking Business Analyst
4 5 (7.69%) Architect
5 4 (6.15%) Financial Business Analyst
6 3 (4.62%) Programme Manager
6 3 (4.62%) Solutions Architect
6 3 (4.62%) Senior Manager
6 3 (4.62%) Senior Project Manager
6 3 (4.62%) Technical Analyst
6 3 (4.62%) Technical Business Analyst
7 2 (3.08%) PMO Manager
7 2 (3.08%) Investment Banking Business Analyst
7 2 (3.08%) Senior Analyst
7 2 (3.08%) Technical Specialist
7 2 (3.08%) Senior Business Analyst
7 2 (3.08%) Test Manager
7 2 (3.08%) Consultant
7 2 (3.08%) Data Architect
Miscellaneous
1 7 (10.77%) Equities
2 6 (9.23%) Derivative
2 6 (9.23%) Hedge funds
3 5 (7.69%) Equity Derivative
4 3 (4.62%) Data Integration
5 2 (3.08%) Reference Data
6 1 (1.54%) Foreign Exchange (FX)
6 1 (1.54%) Fixed Income
6 1 (1.54%) Mobile Payment
Processes & Methodologies
1 14 (21.54%) Project Management
2 9 (13.85%) Stakeholder Management
3 8 (12.31%) Asset Management
4 7 (10.77%) Business Analysis
5 6 (9.23%) Data Modelling
6 5 (7.69%) Change Management
7 4 (6.15%) Wealth Management
7 4 (6.15%) Data Architecture
7 4 (6.15%) Business Intelligence
8 3 (4.62%) SOA
8 3 (4.62%) ETL
8 3 (4.62%) Programme Management
8 3 (4.62%) User Acceptance Testing
9 2 (3.08%) Business Development
9 2 (3.08%) Test Scripting
9 2 (3.08%) Investment Management
9 2 (3.08%) Migration
9 2 (3.08%) Risk Management
10 1 (1.54%) ITIL
10 1 (1.54%) PRINCE2
Programming Languages
1 5 (7.69%) SQL
2 3 (4.62%) Java
Qualifications
1 6 (9.23%) ISEB
2 3 (4.62%) PMP
2 3 (4.62%) PMI Certification
Quality Assurance & Compliance
1 24 (36.92%) EMIR
2 21 (32.31%) Dodd-Frank
3 6 (9.23%) MiFID
4 4 (6.15%) QA
5 2 (3.08%) Basel III
6 1 (1.54%) Basel II
6 1 (1.54%) Solvency II
6 1 (1.54%) AIFMD
6 1 (1.54%) CRD IV
Vendors
1 5 (7.69%) Oracle
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 11 days ago
London
Interquest - ITQ Financial - Tunbridge Wells
Rate: £550 - £600 per day
Posted: 14 days ago