The table below looks at the statistics for FATCA 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 FATCA over the 3 months to 12 September 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
12 Sep 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 143 110 138
Rank change year-on-year
-33 +28
Contract jobs citing FATCA 5 2 1
As % of all contract IT jobs located in the South West 0.15% 0.090% 0.032%
As % of the Quality Assurance & Compliance category 1.38% 1.45% 0.45%
Number of daily rates quoted 5 2 1
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £525 £505
Average daily rate % change year-on-year
+4.76% +3.96%
UK excluding London average daily rate £538 £500 £375
% change year-on-year
+7.50% +33.33%
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 West region.

Quality Assurance & Compliance Category
South West
Contract IT job ads with a match in the
Quality Assurance & Compliance category
363 138 221
As % of all contract IT jobs located in the South West 10.97% 6.23% 7.02%
Number of daily rates quoted 249 78 115
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 £200 £275 £240
10% offered a daily rate of more than £550 £500 £550
UK excluding London average daily rate £375 £353 £363
% change year-on-year
+6.38% -2.75%
Number of hourly rates quoted 22 16 27
Average hourly rate £25.50 £17.23 £38.00
Average hourly rate % change year-on-year
+48.04% -54.67%
90% offered a hourly rate of more than £15.60 £8.00 £17.19
10% offered a hourly rate of more than £43.00 £25.70 £39.00
UK excluding London average hourly rate £19.75 £17.50 £21.00
% change year-on-year
+12.85% -16.66%

FATCA
Jobs Demand Trend in the South West

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

FATCA Jobs Demand Trend in the South West

FATCA
Daily Rate Trend in the South West

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

FATCA Daily Rate Trend in the South West

FATCA
Top 21 Related IT Skills in the South West

For the 6 months to 12 September 2014, IT contractor jobs across the South West 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 10 (100.00%) Finance
2 8 (80.00%) GAP Analysis
2 8 (80.00%) COREP
2 8 (80.00%) FINREP
2 8 (80.00%) Business Analysis
2 8 (80.00%) Requirements Analysis
3 6 (60.00%) CIMA
3 6 (60.00%) ACCA
3 6 (60.00%) Sarbanes-Oxley
4 3 (30.00%) Stakeholder Management
4 3 (30.00%) Banking
5 2 (20.00%) Retail
5 2 (20.00%) Business Transformation
5 2 (20.00%) Change Management
5 2 (20.00%) Retail Banking
6 1 (10.00%) User Acceptance Testing
6 1 (10.00%) Basel III
6 1 (10.00%) Solvency II
6 1 (10.00%) Financial Institution
6 1 (10.00%) Analytical Skills
6 1 (10.00%) Investment Banking

FATCA
Top Related IT Skills in the South West by Category

For the 6 months to 12 September 2014, IT contractor jobs across the South West 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 10 (100.00%) Finance
2 3 (30.00%) Banking
3 2 (20.00%) Retail
3 2 (20.00%) Retail Banking
4 1 (10.00%) Financial Institution
4 1 (10.00%) Investment Banking
Job Titles
1 9 (90.00%) Business Analyst
1 9 (90.00%) Analyst
1 9 (90.00%) Senior Business Analyst
1 9 (90.00%) Senior Analyst
2 1 (10.00%) Banking Analyst
2 1 (10.00%) Banking Business Analyst
2 1 (10.00%) Lead Business Analyst
2 1 (10.00%) Project Manager
Miscellaneous
1 1 (10.00%) Analytical Skills
Processes & Methodologies
1 8 (80.00%) GAP Analysis
1 8 (80.00%) Business Analysis
1 8 (80.00%) Requirements Analysis
2 3 (30.00%) Stakeholder Management
3 2 (20.00%) Change Management
3 2 (20.00%) Business Transformation
4 1 (10.00%) User Acceptance Testing
Qualifications
1 6 (60.00%) ACCA
1 6 (60.00%) CIMA
Quality Assurance & Compliance
1 8 (80.00%) COREP
1 8 (80.00%) FINREP
2 6 (60.00%) Sarbanes-Oxley
3 1 (10.00%) Basel III
3 1 (10.00%) Solvency II