The table below looks at the statistics for FATCA skills in IT contracts advertised for the South East 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 255 - 233
Rank change year-on-year
- 0
Contract jobs citing FATCA 3 0 2
As % of all contract IT jobs located in the South East 0.035% - 0.023%
As % of the Quality Assurance & Compliance category 0.35% - 0.29%
Number of daily rates quoted 3 0 2
Average daily rate £650 - £525
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 South East region.

Quality Assurance & Compliance Category
South East
Contract IT job ads with a match in the
Quality Assurance & Compliance category
859 886 700
As % of all contract IT jobs located in the South East 10.08% 9.35% 8.21%
Number of daily rates quoted 466 439 338
Average daily rate £375 £375 £350
Average daily rate % change year-on-year
- +7.14%
90% offered a daily rate of more than £246 £208 £175
10% offered a daily rate of more than £550 £550 £510
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 58 43 27
Average hourly rate £47.50 £35.00 £26.50
Average hourly rate % change year-on-year
+35.71% +32.07%
90% offered a hourly rate of more than £16.09 £12.47 £12.50
10% offered a hourly rate of more than £59.00 £55.00 £113.50
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 the South East

This chart provides a 3-month moving total of IT contractor jobs citing FATCA across the South East region as a proportion of the total demand within the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in the South East

FATCA
Daily Rate Trend in the South East

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

FATCA Daily Rate Trend in the South East

FATCA
Daily Rate Histogram in the South East

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA across the South East region over the 3 months to 9 February 2016.

FATCA Daily Rate Histogram in the South East

FATCA
Contract Job Locations in the South East

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the South East 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
Surrey - 2 £650 -
East Sussex - 1 £325 -
FATCA
England

FATCA
Top 23 Related IT Skills in the South East

For the 6 months to 9 February 2016, IT contractor jobs across the South East 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 5 (71.43%) Finance
2 4 (57.14%) Business Analysis
3 3 (42.86%) Banking
4 2 (28.57%) Retail
4 2 (28.57%) Asset Management
4 2 (28.57%) Agile Software Development
4 2 (28.57%) CIMA
4 2 (28.57%) ISEB
4 2 (28.57%) ACCA
4 2 (28.57%) MiFID
4 2 (28.57%) User Acceptance Testing
4 2 (28.57%) Waterfall
4 2 (28.57%) Data Quality
4 2 (28.57%) CRD IV
4 2 (28.57%) Dodd-Frank
4 2 (28.57%) Target Operating Model
5 1 (14.29%) KYC
5 1 (14.29%) Anti-Money Laundering
5 1 (14.29%) Cash Management
5 1 (14.29%) Investment Banking
5 1 (14.29%) Stakeholder Management
5 1 (14.29%) Billing
5 1 (14.29%) Business Intelligence

FATCA
Top Related IT Skills in the South East by Category

For the 6 months to 9 February 2016, IT contractor jobs across the South East 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.

General
1 5 (71.43%) Finance
2 3 (42.86%) Banking
3 2 (28.57%) Retail
4 1 (14.29%) Billing
4 1 (14.29%) Investment Banking
Job Titles
1 6 (85.71%) Analyst
1 6 (85.71%) Business Analyst
2 3 (42.86%) Finance Business Analyst
2 3 (42.86%) Financial Analyst
3 2 (28.57%) Asset Management Analyst
3 2 (28.57%) Asset Management Business Analyst
3 2 (28.57%) Banking Analyst
3 2 (28.57%) Banking Business Analyst
3 2 (28.57%) Business Change Analyst
3 2 (28.57%) Business Change Business Analyst
3 2 (28.57%) MiFID Business Analyst
3 2 (28.57%) Regulatory Business Analyst
3 2 (28.57%) Report Analyst
3 2 (28.57%) Senior Analyst
3 2 (28.57%) Senior Business Analyst
3 2 (28.57%) Senior Business Change Analyst
4 1 (14.29%) Financial Business Analyst
4 1 (14.29%) Life and Pensions Business Analyst
4 1 (14.29%) Pensions Business Analyst
4 1 (14.29%) Senior Life and Pensions Business Analyst
Processes & Methodologies
1 4 (57.14%) Business Analysis
2 2 (28.57%) Agile Software Development
2 2 (28.57%) Asset Management
2 2 (28.57%) Target Operating Model
2 2 (28.57%) User Acceptance Testing
2 2 (28.57%) Waterfall
3 1 (14.29%) Anti-Money Laundering
3 1 (14.29%) Business Intelligence
3 1 (14.29%) Cash Management
3 1 (14.29%) KYC
3 1 (14.29%) Stakeholder Management
Qualifications
1 2 (28.57%) ACCA
1 2 (28.57%) CIMA
1 2 (28.57%) ISEB
Quality Assurance & Compliance
1 2 (28.57%) CRD IV
1 2 (28.57%) Data Quality
1 2 (28.57%) Dodd-Frank
1 2 (28.57%) MiFID