The table below looks at the statistics for COREP skills in IT contracts advertised for the South West region. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 22 August 2014 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
22 Aug 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 137 - 129
Rank change year-on-year
- 0
Contract jobs citing COREP 5 0 2
As % of all contract IT jobs located in the South West 0.16% - 0.064%
As % of the Quality Assurance & Compliance category 1.40% - 1.00%
Number of daily rates quoted 5 0 2
Average daily rate
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£550 - £325
UK excluding London average daily rate £550 £425 £500
% change year-on-year
+29.41% -15.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
COREP
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 West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
358 161 201
As % of all contract IT jobs located in the South West 11.28% 7.21% 6.45%
Number of daily rates quoted 240 85 103
Average daily rate £425 £420 £400
Average daily rate % change year-on-year
+1.19% +5.00%
90% offered a daily rate of more than £287 £275 £200
10% offered a daily rate of more than £550 £500 £525
UK excluding London average daily rate £375 £350 £355
% change year-on-year
+7.14% -1.40%
Number of hourly rates quoted 27 14 26
Average hourly rate £25.50 £17.23 £37.50
Average hourly rate % change year-on-year
+48.04% -54.06%
90% offered a hourly rate of more than £15.00 £8.00 £13.88
10% offered a hourly rate of more than £43.11 £27.40 £39.00
UK excluding London average hourly rate £19.50 £17.50 £22.50
% change year-on-year
+11.42% -22.22%

COREP
Jobs Demand Trend in the South West

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

COREP Jobs Demand Trend in the South West

COREP
Daily Rate Trend in the South West

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

COREP Daily Rate Trend in the South West

COREP
Contract Job Locations in the South West

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing COREP within the South West region over the 3 months to 22 August 2014. 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
Wiltshire - 4 £550 -
Dorset - - - -
COREP
England

COREP
Top 27 Related IT Skills in the South West

For the 6 months to 22 August 2014, IT contractor jobs across the South West region citing COREP 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 COREP.

1 10 (100.00%) Finance
1 10 (100.00%) FINREP
2 7 (70.00%) Sarbanes-Oxley
2 7 (70.00%) FATCA
3 6 (60.00%) Business Analysis
3 6 (60.00%) Requirements Analysis
3 6 (60.00%) CIMA
3 6 (60.00%) ACCA
3 6 (60.00%) GAP Analysis
4 3 (30.00%) Banking
5 2 (20.00%) Basel III
6 1 (10.00%) Data Governance
6 1 (10.00%) Migration
6 1 (10.00%) Analytics
6 1 (10.00%) CRD IV
6 1 (10.00%) User Acceptance Testing
6 1 (10.00%) Data Migration
6 1 (10.00%) Data Architecture
6 1 (10.00%) Stakeholder Engagement
6 1 (10.00%) Data Analysis
6 1 (10.00%) Investment Banking
6 1 (10.00%) Financial Institution
6 1 (10.00%) SQL
6 1 (10.00%) VBA
6 1 (10.00%) Data Warehouse
6 1 (10.00%) ERP
6 1 (10.00%) Data Modelling

COREP
Top Related IT Skills in the South West by Category

For the 6 months to 22 August 2014, IT contractor jobs across the South West region citing COREP 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 COREP. Up to 20 skills are shown per category.

Database & Business Intelligence
1 1 (10.00%) Data Warehouse
General
1 10 (100.00%) Finance
2 3 (30.00%) Banking
3 1 (10.00%) Investment Banking
3 1 (10.00%) Financial Institution
Job Titles
1 8 (80.00%) Business Analyst
1 8 (80.00%) Analyst
1 8 (80.00%) Senior Business Analyst
1 8 (80.00%) Senior Analyst
2 1 (10.00%) Banking Business Analyst
2 1 (10.00%) Lead Business Analyst
2 1 (10.00%) Banking Analyst
2 1 (10.00%) Architect
2 1 (10.00%) Project Manager
2 1 (10.00%) Data Architect
Processes & Methodologies
1 6 (60.00%) Business Analysis
1 6 (60.00%) Requirements Analysis
1 6 (60.00%) GAP Analysis
2 1 (10.00%) Data Governance
2 1 (10.00%) Migration
2 1 (10.00%) Analytics
2 1 (10.00%) User Acceptance Testing
2 1 (10.00%) Data Migration
2 1 (10.00%) Data Architecture
2 1 (10.00%) Stakeholder Engagement
2 1 (10.00%) Data Analysis
2 1 (10.00%) ERP
2 1 (10.00%) Data Modelling
Programming Languages
1 1 (10.00%) SQL
1 1 (10.00%) VBA
Qualifications
1 6 (60.00%) CIMA
1 6 (60.00%) ACCA
Quality Assurance & Compliance
1 10 (100.00%) FINREP
2 7 (70.00%) Sarbanes-Oxley
2 7 (70.00%) FATCA
3 2 (20.00%) Basel III
4 1 (10.00%) CRD IV