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 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 119 131 -
Rank change year-on-year
+12 -
Contract jobs citing FATCA 3 5 0
As % of all contract IT jobs located in Scotland 0.14% 0.16% -
As % of the Quality Assurance & Compliance category 1.46% 1.62% -
Number of daily rates quoted 1 4 0
Median daily rate £450 £390 -
Median daily rate % change year-on-year
+15.38% -
UK excluding London median daily rate £538 £423 £550
% change year-on-year
+27.06% -23.09%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £17.00 -
FATCA
UK

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
206 309 273
As % of all contract IT jobs located in Scotland 9.46% 9.66% 9.90%
Number of daily rates quoted 106 156 155
Median daily rate £400 £375 £375
Median daily rate % change year-on-year
+6.66% -
90% offered a daily rate of more than £198 £195 £174
10% offered a daily rate of more than £475 £475 £550
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 16 6 8
Median hourly rate £35.25 £36.25 £15.77
Median hourly rate % change year-on-year
-2.75% +129.86%
90% offered a hourly rate of more than £17.65 £28.85 £11.80
10% offered a hourly rate of more than £49.00 £46.70 £67.00
UK excluding London median hourly rate £32.00 £28.00 £20.00
% change year-on-year
+14.28% +40.00%

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 30 September 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
Glasgow - 2 £450 -
Edinburgh +13 1 - - 1
FATCA
UK

FATCA
Top 25 Related IT Skills in Scotland

For the 6 months to 30 September 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 Scotland region with a requirement for FATCA.

1 3 (100.00%) Stakeholder Management
1 3 (100.00%) Business Analysis
2 2 (66.67%) Data Analysis
2 2 (66.67%) Project Management
2 2 (66.67%) Banking
2 2 (66.67%) Wealth Management
2 2 (66.67%) Matrix Management
2 2 (66.67%) Analytical Skills
2 2 (66.67%) Degree
2 2 (66.67%) Matrix Organization
3 1 (33.33%) MiFID
3 1 (33.33%) SDLC
3 1 (33.33%) Translating Business Requirements
3 1 (33.33%) Issue Tracking
3 1 (33.33%) KYC
3 1 (33.33%) Anti-Money Laundering
3 1 (33.33%) User Acceptance Testing
3 1 (33.33%) Investment Management
3 1 (33.33%) Continuous Improvement
3 1 (33.33%) EMIR
3 1 (33.33%) Dodd-Frank
3 1 (33.33%) UCITS
3 1 (33.33%) Finance
3 1 (33.33%) Asset Management
3 1 (33.33%) Investment Banking

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 2 (66.67%) Banking
2 1 (33.33%) Finance
2 1 (33.33%) Investment Banking
Job Titles
1 3 (100.00%) Business Analyst
2 2 (66.67%) Analyst
2 2 (66.67%) Project Manager
3 1 (33.33%) Banking Business Analyst
3 1 (33.33%) Banking Project Manager
3 1 (33.33%) Business Manager
3 1 (33.33%) Business Project Manager
3 1 (33.33%) Project Analyst
3 1 (33.33%) Regulatory Business Analyst
3 1 (33.33%) Senior Banking Business Analyst
3 1 (33.33%) Senior Business Analyst
3 1 (33.33%) Senior Manager
3 1 (33.33%) Senior Project Manager
Miscellaneous
1 2 (66.67%) Analytical Skills
Processes & Methodologies
1 3 (100.00%) Business Analysis
1 3 (100.00%) Stakeholder Management
2 2 (66.67%) Data Analysis
2 2 (66.67%) Matrix Management
2 2 (66.67%) Matrix Organization
2 2 (66.67%) Project Management
2 2 (66.67%) Wealth Management
3 1 (33.33%) Anti-Money Laundering
3 1 (33.33%) Asset Management
3 1 (33.33%) Continuous Improvement
3 1 (33.33%) Investment Management
3 1 (33.33%) Issue Tracking
3 1 (33.33%) KYC
3 1 (33.33%) SDLC
3 1 (33.33%) Translating Business Requirements
3 1 (33.33%) User Acceptance Testing
Qualifications
1 2 (66.67%) Degree
Quality Assurance & Compliance
1 1 (33.33%) Dodd-Frank
1 1 (33.33%) EMIR
1 1 (33.33%) MiFID
1 1 (33.33%) UCITS