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 February 2017 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 Feb 2017
Same period 2016 Same period 2015
Foreign Account Tax Compliance Act (FATCA)
England / London
Rank 382 377 363
Rank change year-on-year
-5 -14
Contract jobs citing FATCA 20 38 52
As % of all contract IT jobs located in London 0.10% 0.18% 0.24%
As % of the Quality Assurance & Compliance category 0.96% 1.83% 2.50%
Number of daily rates quoted 16 27 39
Median daily rate £488 £525 £550
Median daily rate % change year-on-year
-7.14% -4.54%
90% offered a daily rate of more than £393 £346 £400
10% offered a daily rate of more than £600 £650 £700
UK excluding London median daily rate £360 £325 £513
% change year-on-year
+10.76% -36.61%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
2086 2078 2079
As % of all contract IT jobs located in London 10.79% 9.69% 9.69%
Number of daily rates quoted 1446 1415 1416
Median daily rate £500 £465 £435
Median daily rate % change year-on-year
+7.52% +6.95%
90% offered a daily rate of more than £325 £300 £250
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £420 £400 £395
% change year-on-year
+5.00% +1.26%
Number of hourly rates quoted 34 26 21
Median hourly rate £22.92 £22.00 £21.50
Median hourly rate % change year-on-year
+4.18% +2.32%
90% offered a hourly rate of more than £10.31 £11.50 £15.00
10% offered a hourly rate of more than £37.13 £34.00 £95.50
UK excluding London median hourly rate £20.00 £43.25 £23.75
% change year-on-year
-53.75% +82.10%

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 February 2017.

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 February 2017. 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 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 -7 4 £450 -14.28% 1
Canary Wharf +1 1 £450 -33.33%
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 23 February 2017, 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 58 (63.74%) Banking
2 53 (58.24%) Finance
3 33 (36.26%) Agile Software Development
4 32 (35.16%) Scrum
5 28 (30.77%) Business Analysis
5 28 (30.77%) Java
6 26 (28.57%) KYC
7 25 (27.47%) Jenkins
8 24 (26.37%) Linux
8 24 (26.37%) Degree
8 24 (26.37%) Refactoring
9 23 (25.27%) Korn
9 23 (25.27%) TDD
9 23 (25.27%) Investment Banking
9 23 (25.27%) Unix
9 23 (25.27%) JMS
9 23 (25.27%) SOAP
9 23 (25.27%) Web Services
9 23 (25.27%) Shell Script
9 23 (25.27%) Node.js
9 23 (25.27%) REST
9 23 (25.27%) BDD
9 23 (25.27%) jQuery
9 23 (25.27%) TeamCity
9 23 (25.27%) Git (software)
9 23 (25.27%) Solace
10 22 (24.18%) JIRA
10 22 (24.18%) Maven
11 21 (23.08%) MiFID
11 21 (23.08%) 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 3 (3.30%) Apache Spark
1 3 (3.30%) WebSphere
Applications
1 2 (2.20%) MS PowerPoint
1 2 (2.20%) MS Project
1 2 (2.20%) MS Visio
2 1 (1.10%) MS Excel
Communications & Networking
1 1 (1.10%) HTTP
1 1 (1.10%) Internet
Database & Business Intelligence
1 13 (14.29%) Big Data
2 9 (9.89%) MongoDB
3 5 (5.49%) Redis
4 3 (3.30%) Flink
4 3 (3.30%) Hadoop
4 3 (3.30%) NoSQL
4 3 (3.30%) RDBMS
4 3 (3.30%) Relational Database
5 2 (2.20%) SQL Server Integration Services
Development Applications
1 25 (27.47%) Jenkins
2 23 (25.27%) Git (software)
2 23 (25.27%) TeamCity
3 22 (24.18%) JIRA
3 22 (24.18%) Maven
4 18 (19.78%) JUnit
4 18 (19.78%) Mockito
4 18 (19.78%) Spock
5 13 (14.29%) Gradle
6 2 (2.20%) Selenium
6 2 (2.20%) Sonatype Nexus
General
1 58 (63.74%) Banking
2 53 (58.24%) Finance
3 23 (25.27%) Investment Banking
4 9 (9.89%) Legal
5 7 (7.69%) Retail
6 5 (5.49%) Back Office
7 3 (3.30%) Financial Institution
7 3 (3.30%) Private Banking
8 2 (2.20%) Front Office
8 2 (2.20%) Retail Banking
9 1 (1.10%) Advertising
9 1 (1.10%) French Language
9 1 (1.10%) German Language
Job Titles
1 23 (25.27%) Business Analyst
1 23 (25.27%) Developer
2 21 (23.08%) Analyst
3 19 (20.88%) Architect
4 17 (18.68%) Java Developer
5 14 (15.38%) Data Architect
6 12 (13.19%) Senior Developer
7 11 (12.09%) Project Manager
8 8 (8.79%) Regulatory Business Analyst
8 8 (8.79%) Senior Java Developer
8 8 (8.79%) UI Developer
9 7 (7.69%) Data Business Analyst
10 6 (6.59%) Senior Business Analyst
11 5 (5.49%) Senior Analyst
11 5 (5.49%) Technical Leader
12 4 (4.40%) Consultant
12 4 (4.40%) Onboarding Analyst
12 4 (4.40%) Product Consultant
12 4 (4.40%) Senior UI Developer
12 4 (4.40%) Web Developer
Libraries, Frameworks & Software Standards
1 23 (25.27%) JMS
1 23 (25.27%) jQuery
1 23 (25.27%) Node.js
1 23 (25.27%) REST
1 23 (25.27%) SOAP
1 23 (25.27%) Web Services
2 20 (21.98%) HTML
2 20 (21.98%) Spring
3 19 (20.88%) CSS
3 19 (20.88%) CSS3
3 19 (20.88%) HTML5
4 18 (19.78%) AngularJS
4 18 (19.78%) Gherkin
4 18 (19.78%) Hibernate
4 18 (19.78%) JDBC
4 18 (19.78%) JSON
4 18 (19.78%) XML
4 18 (19.78%) XSD
4 18 (19.78%) XSLT
5 13 (14.29%) Meteor
Miscellaneous
1 21 (23.08%) Reference Data
2 15 (16.48%) User Experience
3 14 (15.38%) Foreign Exchange (FX)
4 5 (5.49%) Fintech
5 4 (4.40%) Derivative
5 4 (4.40%) Fixed Income
6 3 (3.30%) Analytical Skills
6 3 (3.30%) Equities
7 1 (1.10%) Credit Risk
7 1 (1.10%) Hedge funds
7 1 (1.10%) Management Information System
7 1 (1.10%) Market Risk
7 1 (1.10%) SWIFT
Operating Systems
1 24 (26.37%) Linux
2 23 (25.27%) Unix
3 1 (1.10%) Red Hat Enterprise Linux
Processes & Methodologies
1 33 (36.26%) Agile Software Development
2 32 (35.16%) Scrum
3 28 (30.77%) Business Analysis
4 26 (28.57%) KYC
5 24 (26.37%) Refactoring
6 23 (25.27%) BDD
6 23 (25.27%) TDD
7 20 (21.98%) Stakeholder Management
8 16 (17.58%) Data Modelling
9 13 (14.29%) Client Onboarding
9 13 (14.29%) Project Management
10 12 (13.19%) Analytics
10 12 (13.19%) Target Operating Model
11 11 (12.09%) Change Management
11 11 (12.09%) Data Architecture
11 11 (12.09%) Data Governance
12 10 (10.99%) Anti-Money Laundering
12 10 (10.99%) MVC
13 9 (9.89%) Data Management
14 8 (8.79%) SDLC
Programming Languages
1 28 (30.77%) Java
2 23 (25.27%) Korn
2 23 (25.27%) Shell Script
3 21 (23.08%) JavaScript
4 19 (20.88%) SQL
5 18 (19.78%) XPath
6 5 (5.49%) ECMAScript
6 5 (5.49%) ES6
7 3 (3.30%) PL/SQL
8 1 (1.10%) Bash Shell
8 1 (1.10%) C
8 1 (1.10%) Python
8 1 (1.10%) Ruby
Qualifications
1 24 (26.37%) Degree
2 1 (1.10%) ISEB
2 1 (1.10%) MBA
Quality Assurance & Compliance
1 21 (23.08%) MiFID
2 18 (19.78%) EMIR
3 14 (15.38%) Dodd-Frank
4 2 (2.20%) AIFMD
5 1 (1.10%) SEPA
System Software
1 2 (2.20%) Docker
Systems Management
1 1 (1.10%) Ansible
1 1 (1.10%) Puppet
Vendors
1 23 (25.27%) Solace
2 12 (13.19%) MuleSoft
3 3 (3.30%) Oracle
4 2 (2.20%) Black Duck
5 1 (1.10%) Microsoft
5 1 (1.10%) Red Hat