The table below looks at the statistics for FATCA skills in IT contracts advertised for the Scotland region. Included is a guide to the contractor rates offered in IT contracts that have cited FATCA over the 3 months to 24 January 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
24 Jan 2017
Same period 2016 Same period 2015
Foreign Account Tax Compliance Act (FATCA)
UK / Scotland
Rank 105 124 116
Rank change year-on-year
+19 -8
Contract jobs citing FATCA 1 6 4
As % of all contract IT jobs located in Scotland 0.060% 0.24% 0.15%
As % of the Quality Assurance & Compliance category 0.62% 2.20% 1.51%
Number of daily rates quoted 1 6 4
Median daily rate £170 £400 £494
Median daily rate % change year-on-year
-57.50% -18.98%
UK excluding London median daily rate £360 £400 £500
% change year-on-year
-10.00% -20.00%
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 Scotland region.

Quality Assurance & Compliance Category
Scotland
Contract IT job ads with a match in the
Quality Assurance & Compliance category
161 273 265
As % of all contract IT jobs located in Scotland 9.60% 10.71% 10.18%
Number of daily rates quoted 93 130 153
Median daily rate £375 £361 £365
Median daily rate % change year-on-year
+3.80% -1.02%
90% offered a daily rate of more than £158 £225 £169
10% offered a daily rate of more than £550 £500 £500
UK excluding London median daily rate £405 £400 £375
% change year-on-year
+1.25% +6.66%
Number of hourly rates quoted 4 4 5
Median hourly rate £24.00 £28.75 £15.77
Median hourly rate % change year-on-year
-16.52% +82.30%
UK excluding London median hourly rate £21.98 £42.00 £24.00
% change year-on-year
-47.67% +75.00%

FATCA
Jobs Demand Trend in Scotland

The demand trend of contract jobs across the Scotland region citing FATCA as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in Scotland

FATCA
Daily Rate Trend in Scotland

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FATCA across the Scotland region.

FATCA Daily Rate Trend in Scotland

FATCA
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the Scotland region over the 3 months to 24 January 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
Glasgow +11 1 £170 -50.00%
FATCA
UK

FATCA
Top 29 Related IT Skills in Scotland

For the 6 months to 24 January 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 Scotland region with a requirement for FATCA.

1 4 (80.00%) Stakeholder Management
1 4 (80.00%) Banking
1 4 (80.00%) Business Analysis
2 3 (60.00%) Degree
2 3 (60.00%) Analytical Skills
2 3 (60.00%) Wealth Management
2 3 (60.00%) Matrix Management
2 3 (60.00%) Data Analysis
2 3 (60.00%) Project Management
2 3 (60.00%) Matrix Organization
3 2 (40.00%) Finance
3 2 (40.00%) Asset Management
3 2 (40.00%) User Acceptance Testing
3 2 (40.00%) Investment Management
3 2 (40.00%) Continuous Improvement
3 2 (40.00%) SDLC
3 2 (40.00%) Translating Business Requirements
4 1 (20.00%) MiFID
4 1 (20.00%) Issue Tracking
4 1 (20.00%) KYC
4 1 (20.00%) Anti-Money Laundering
4 1 (20.00%) EMIR
4 1 (20.00%) Dodd-Frank
4 1 (20.00%) UCITS
4 1 (20.00%) Investment Banking
4 1 (20.00%) Back Office
4 1 (20.00%) Basel II
4 1 (20.00%) IFRS
4 1 (20.00%) IFRS 9

FATCA
Top Related IT Skills in Scotland 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:

General
1 4 (80.00%) Banking
2 2 (40.00%) Finance
3 1 (20.00%) Back Office
3 1 (20.00%) Investment Banking
Job Titles
1 4 (80.00%) Business Analyst
2 3 (60.00%) Analyst
2 3 (60.00%) Project Manager
3 2 (40.00%) Banking Business Analyst
3 2 (40.00%) Banking Project Manager
3 2 (40.00%) Senior Banking Business Analyst
3 2 (40.00%) Senior Business Analyst
3 2 (40.00%) Senior Manager
3 2 (40.00%) Senior Project Manager
4 1 (20.00%) Business Manager
4 1 (20.00%) Business Project Manager
4 1 (20.00%) Data Analyst
4 1 (20.00%) Project Analyst
4 1 (20.00%) Regulatory Business Analyst
Miscellaneous
1 3 (60.00%) Analytical Skills
Processes & Methodologies
1 4 (80.00%) Business Analysis
1 4 (80.00%) Stakeholder Management
2 3 (60.00%) Data Analysis
2 3 (60.00%) Matrix Management
2 3 (60.00%) Matrix Organization
2 3 (60.00%) Project Management
2 3 (60.00%) Wealth Management
3 2 (40.00%) Asset Management
3 2 (40.00%) Continuous Improvement
3 2 (40.00%) Investment Management
3 2 (40.00%) SDLC
3 2 (40.00%) Translating Business Requirements
3 2 (40.00%) User Acceptance Testing
4 1 (20.00%) Anti-Money Laundering
4 1 (20.00%) Issue Tracking
4 1 (20.00%) KYC
Qualifications
1 3 (60.00%) Degree
Quality Assurance & Compliance
1 1 (20.00%) Basel II
1 1 (20.00%) Dodd-Frank
1 1 (20.00%) EMIR
1 1 (20.00%) IFRS
1 1 (20.00%) IFRS 9
1 1 (20.00%) MiFID
1 1 (20.00%) UCITS