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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 365 366 373
Rank change year-on-year
+1 +7
Contract jobs citing FATCA 46 50 32
As % of all contract IT jobs located in London 0.22% 0.24% 0.15%
As % of the Quality Assurance & Compliance category 2.25% 2.48% 1.53%
Number of daily rates quoted 30 39 24
Average daily rate £500 £600 £600
Average daily rate % change year-on-year
-16.66% -
90% offered a daily rate of more than £349 £398 £435
10% offered a daily rate of more than £650 £700 £700
UK excluding London average daily rate £400 £513 £425
% change year-on-year
-21.98% +20.64%
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
2048 2018 2094
As % of all contract IT jobs located in London 9.65% 9.52% 9.52%
Number of daily rates quoted 1398 1391 1399
Average daily rate £465 £450 £450
Average daily rate % change year-on-year
+3.33% -
90% offered a daily rate of more than £288 £250 £275
10% offered a daily rate of more than £625 £600 £650
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 23 27 27
Average hourly rate £22.00 £21.50 £15.00
Average hourly rate % change year-on-year
+2.32% +43.33%
90% offered a hourly rate of more than £11.50 £15.00 £11.60
10% offered a hourly rate of more than £41.20 £45.25 £63.20
UK excluding London average hourly rate £42.25 £23.25 £17.00
% change year-on-year
+81.72% +36.76%

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 9 February 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 average contractor rates quoted in IT jobs citing FATCA within the London region over the 3 months to 9 February 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
(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 +40 5 £525 +17.97% 1
Canary Wharf - 2 £563 -
FATCA
England

FATCA
Top 30 Related IT Skills in London

For the 6 months to 9 February 2016, 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 50 (53.19%) Finance
2 49 (52.13%) Banking
3 32 (34.04%) MiFID
4 30 (31.91%) Investment Banking
4 30 (31.91%) Business Analysis
5 25 (26.60%) EMIR
6 20 (21.28%) Dodd-Frank
6 20 (21.28%) Stakeholder Management
7 15 (15.96%) Analytical Skills
8 14 (14.89%) KYC
9 13 (13.83%) Anti-Money Laundering
10 11 (11.70%) Front Office
10 11 (11.70%) GAP Analysis
11 10 (10.64%) Derivative
11 10 (10.64%) SDLC
12 9 (9.57%) Software Delivery
12 9 (9.57%) Degree
12 9 (9.57%) QA
12 9 (9.57%) Microsoft
12 9 (9.57%) SQL
13 8 (8.51%) Project Management
13 8 (8.51%) Change Management
13 8 (8.51%) User Acceptance Testing
14 7 (7.45%) CRD IV
14 7 (7.45%) Asset Management
14 7 (7.45%) Quality Management
14 7 (7.45%) Basel II
14 7 (7.45%) Business Intelligence
14 7 (7.45%) Oracle
14 7 (7.45%) MS Office

FATCA
Top Related IT Skills in London by Category

For the 6 months to 9 February 2016, 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 1 (1.06%) Documentum
1 1 (1.06%) SharePoint
Applications
1 7 (7.45%) MS Office
2 3 (3.19%) MS Visio
3 2 (2.13%) MS Excel
3 2 (2.13%) MS PowerPoint
4 1 (1.06%) MS Project
Business Applications
1 1 (1.06%) Global One
1 1 (1.06%) Loan IQ
Database & Business Intelligence
1 2 (2.13%) Data Warehouse
1 2 (2.13%) Oracle Reports
2 1 (1.06%) Data Mining
2 1 (1.06%) Oracle Database
2 1 (1.06%) QlikView
2 1 (1.06%) SQL Server
Development Applications
1 1 (1.06%) JIRA
General
1 50 (53.19%) Finance
2 49 (52.13%) Banking
3 30 (31.91%) Investment Banking
4 11 (11.70%) Front Office
5 6 (6.38%) Billing
6 5 (5.32%) Financial Institution
6 5 (5.32%) Legal
7 3 (3.19%) Retail
8 2 (2.13%) Back Office
9 1 (1.06%) Corporate Banking
9 1 (1.06%) General Ledger
9 1 (1.06%) International Banking
9 1 (1.06%) Retail Banking
9 1 (1.06%) Wholesale Banking
Job Titles
1 61 (64.89%) Analyst
1 61 (64.89%) Business Analyst
2 18 (19.15%) Banking Analyst
3 15 (15.96%) Banking Business Analyst
3 15 (15.96%) MiFID Business Analyst
4 14 (14.89%) Project Manager
5 12 (12.77%) Regulatory Business Analyst
6 10 (10.64%) Finance Business Analyst
6 10 (10.64%) Financial Analyst
7 9 (9.57%) IT Analyst
8 8 (8.51%) Business IT Analyst
8 8 (8.51%) Financial Business Analyst
8 8 (8.51%) IT Business Analyst
8 8 (8.51%) Service Analyst
9 7 (7.45%) Financial Services Business Analyst
9 7 (7.45%) Treasury Business Analyst
10 5 (5.32%) Data Business Analyst
10 5 (5.32%) Test Manager
11 4 (4.26%) Programme Manager
11 4 (4.26%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 3 (3.19%) XML
2 1 (1.06%) .NET
2 1 (1.06%) Gherkin
Miscellaneous
1 15 (15.96%) Analytical Skills
2 10 (10.64%) Derivative
3 4 (4.26%) Reference Data
4 3 (3.19%) Market Risk
5 2 (2.13%) Equities
5 2 (2.13%) Fixed Income
5 2 (2.13%) Foreign Exchange (FX)
5 2 (2.13%) PMI
6 1 (1.06%) Computer Science
6 1 (1.06%) Data Extraction
6 1 (1.06%) Enterprise Software
6 1 (1.06%) Fintech
6 1 (1.06%) Management Information System
Processes & Methodologies
1 30 (31.91%) Business Analysis
2 20 (21.28%) Stakeholder Management
3 14 (14.89%) KYC
4 13 (13.83%) Anti-Money Laundering
5 11 (11.70%) GAP Analysis
6 10 (10.64%) SDLC
7 9 (9.57%) Software Delivery
8 8 (8.51%) Change Management
8 8 (8.51%) Project Management
8 8 (8.51%) User Acceptance Testing
9 7 (7.45%) Asset Management
9 7 (7.45%) Business Intelligence
9 7 (7.45%) Quality Management
10 6 (6.38%) Cash Management
11 5 (5.32%) Fund Management
12 4 (4.26%) Agile Software Development
12 4 (4.26%) Data Analysis
12 4 (4.26%) Migration
12 4 (4.26%) Programme Management
12 4 (4.26%) Test Management
Programming Languages
1 9 (9.57%) SQL
2 2 (2.13%) PL/SQL
3 1 (1.06%) C#
3 1 (1.06%) Java
3 1 (1.06%) R
Qualifications
1 9 (9.57%) Degree
2 2 (2.13%) PMI Certification
2 2 (2.13%) PMP
3 1 (1.06%) ISEB
3 1 (1.06%) ISTQB
Quality Assurance & Compliance
1 32 (34.04%) MiFID
2 25 (26.60%) EMIR
3 20 (21.28%) Dodd-Frank
4 9 (9.57%) QA
5 7 (7.45%) Basel II
5 7 (7.45%) CRD IV
6 4 (4.26%) AIFMD
7 3 (3.19%) Basel III
8 1 (1.06%) Data Quality
8 1 (1.06%) Solvency II
8 1 (1.06%) UCITS
Systems Management
1 2 (2.13%) HP Quality Center
Vendors
1 9 (9.57%) Microsoft
2 7 (7.45%) Oracle
3 2 (2.13%) LexisNexis
4 1 (1.06%) Calypso
4 1 (1.06%) Murex
4 1 (1.06%) Pega
4 1 (1.06%) Sybase
City, London
Aston Carter
Rate: £550 - £700 per day
Posted: 6 days ago
London
Orgtel
Rate: £600 - £700 per day
Posted: 11 days ago
Docklands
iKas International
Rate: £550 - £650 per day
Posted: 13 days ago