The table below looks at the statistics for FINREP 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 FINREP over the 3 months to 5 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
5 Feb 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank - 140 125
Contract jobs citing FINREP 0 7 3
As % of all contract IT jobs located in the South West - 0.22% 0.12%
As % of the Quality Assurance & Compliance category - 1.94% 1.22%
Number of daily rates quoted 0 7 3
Average daily rate - £550 £425
Average daily rate % change year-on-year
- +29.41%
UK excluding London average daily rate £428 £550 £425
% change year-on-year
-22.27% +29.41%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FINREP
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
394 360 245
As % of all contract IT jobs located in the South West 13.10% 11.27% 9.83%
Number of daily rates quoted 260 237 149
Average daily rate £390 £450 £375
Average daily rate % change year-on-year
-13.33% +20.00%
90% offered a daily rate of more than £238 £245 £180
10% offered a daily rate of more than £500 £673 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 34 23 14
Average hourly rate £42.00 £38.00 £23.75
Average hourly rate % change year-on-year
+10.52% +60.00%
90% offered a hourly rate of more than £25.35 £10.13 £10.22
10% offered a hourly rate of more than £50.00 £53.75 £40.75
UK excluding London average hourly rate £42.00 £25.00 £17.15
% change year-on-year
+68.00% +45.77%

FINREP
Jobs Demand Trend in the South West

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

FINREP Jobs Demand Trend in the South West

FINREP
Daily Rate Trend in the South West

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

FINREP Daily Rate Trend in the South West

FINREP
Top 12 Related IT Skills in the South West

For the 6 months to 5 February 2016, IT contractor jobs across the South West region citing FINREP 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 FINREP.

1 1 (100.00%) Data Modelling
1 1 (100.00%) RDF
1 1 (100.00%) MOF
1 1 (100.00%) Finance
1 1 (100.00%) Banking
1 1 (100.00%) Retail
1 1 (100.00%) Information Management
1 1 (100.00%) Retail Banking
1 1 (100.00%) Reference Data
1 1 (100.00%) Data Architecture
1 1 (100.00%) Information Architecture
1 1 (100.00%) COREP

FINREP
Top Related IT Skills in the South West by Category

For the 6 months to 5 February 2016, IT contractor jobs across the South West region citing FINREP 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 FINREP. Up to 20 skills are shown per category.

General
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Retail
1 1 (100.00%) Retail Banking
Job Titles
1 1 (100.00%) Architect
1 1 (100.00%) Consultant
1 1 (100.00%) Data Architect
1 1 (100.00%) Data Consultant
1 1 (100.00%) Information Architect
Miscellaneous
1 1 (100.00%) Reference Data
Processes & Methodologies
1 1 (100.00%) Data Architecture
1 1 (100.00%) Data Modelling
1 1 (100.00%) Information Architecture
1 1 (100.00%) Information Management
1 1 (100.00%) MOF
1 1 (100.00%) RDF
Quality Assurance & Compliance
1 1 (100.00%) COREP