The table below looks at the statistics for COREP skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited COREP over the 3 months to 30 January 2015 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
30 Jan 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 564 521 527
Rank change year-on-year
-43 +6
Contract jobs citing COREP 19 32 12
As % of all contract IT jobs located in the UK 0.037% 0.066% 0.027%
As % of the Quality Assurance & Compliance category 0.48% 0.86% 0.37%
Number of daily rates quoted 18 18 8
Average daily rate
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£550 £500 £465
Average daily rate % change year-on-year
+10.00% +7.52%
90% offered a daily rate of more than £446 £395 £353
10% offered a daily rate of more than £850 £600 £640
UK excluding London average daily rate £526 £425 £301
% change year-on-year
+23.64% +41.43%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £90.50
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
3977 3718 3214
As % of all contract IT jobs located in the UK 7.79% 7.72% 7.20%
Number of daily rates quoted 2364 2202 1807
Average daily rate £400 £410 £400
Average daily rate % change year-on-year
-2.43% +2.50%
90% offered a daily rate of more than £225 £230 £225
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £380 £350 £330
% change year-on-year
+8.57% +6.06%
Number of hourly rates quoted 158 138 221
Average hourly rate £19.00 £17.00 £23.00
Average hourly rate % change year-on-year
+11.76% -26.08%
90% offered a hourly rate of more than £10.82 £10.93 £11.28
10% offered a hourly rate of more than £47.50 £50.68 £45.00
UK excluding London average hourly rate £19.00 £17.08 £23.00
% change year-on-year
+11.27% -25.76%

COREP
Jobs Demand Trend

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

COREP Jobs Demand Trend in the UK

COREP
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing COREP within the UK.

COREP Daily Rate Trend in the UK

COREP
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing COREP within the UK over the 3 months to 30 January 2015.

COREP Daily Rate Histogram in the UK

COREP
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing COREP within the UK over the 3 months to 30 January 2015. 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
England -31 18 £550 +10.00% 4
London -20 12 £550 - 1
City of London 0 2 £550 -8.33%
Halifax - - - -
West Yorkshire - - - -
Yorkshire - - - -

COREP
Top 30 Related IT Skills

For the 6 months to 30 January 2015, IT contractor jobs within the UK 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 40 (88.89%) Finance
2 28 (62.22%) FINREP
3 23 (51.11%) Banking
4 15 (33.33%) Business Analysis
5 12 (26.67%) Investment Banking
6 11 (24.44%) SQL
6 11 (24.44%) Basel III
7 10 (22.22%) FATCA
7 10 (22.22%) Requirements Analysis
7 10 (22.22%) Data Analysis
8 8 (17.78%) User Acceptance Testing
8 8 (17.78%) ACCA
8 8 (17.78%) Sarbanes-Oxley
8 8 (17.78%) Agile Software Development
8 8 (17.78%) GAP Analysis
8 8 (17.78%) CIMA
9 7 (15.56%) Retail
9 7 (15.56%) Retail Banking
10 5 (11.11%) Data Mapping
10 5 (11.11%) ETL
10 5 (11.11%) Front Office
10 5 (11.11%) Stakeholder Management
11 4 (8.89%) Information Management
11 4 (8.89%) Data Warehouse
11 4 (8.89%) Oracle
11 4 (8.89%) Microgen
11 4 (8.89%) Performance Tuning
11 4 (8.89%) JIRA
11 4 (8.89%) Credit Risk
11 4 (8.89%) System Testing

COREP
Top Related IT Skills by Category

For the 6 months to 30 January 2015, IT contractor jobs within the UK 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.

Application Platforms
1 1 (2.22%) MS Project Server
Applications
1 2 (4.44%) MS Project
2 1 (2.22%) MS Office
2 1 (2.22%) MS Excel
2 1 (2.22%) MS PowerPoint
Communications & Networking
1 1 (2.22%) PPP
Database & Business Intelligence
1 4 (8.89%) Data Warehouse
2 1 (2.22%) Oracle Database
2 1 (2.22%) Relational Database
2 1 (2.22%) RDBMS
Development Applications
1 4 (8.89%) JIRA
General
1 40 (88.89%) Finance
2 23 (51.11%) Banking
3 12 (26.67%) Investment Banking
4 7 (15.56%) Retail
4 7 (15.56%) Retail Banking
5 5 (11.11%) Front Office
6 3 (6.67%) Financial Institution
7 1 (2.22%) General Ledger
Job Titles
1 31 (68.89%) Analyst
2 26 (57.78%) Business Analyst
3 8 (17.78%) Project Manager
3 8 (17.78%) Senior Analyst
3 8 (17.78%) Senior Business Analyst
4 7 (15.56%) Developer
5 4 (8.89%) Banking Business Analyst
6 3 (6.67%) Programme Manager
6 3 (6.67%) Banking Analyst
7 2 (4.44%) Business Project Manager
7 2 (4.44%) Business Manager
7 2 (4.44%) Agile Business Analyst
8 1 (2.22%) Investment Banking Business Analyst
8 1 (2.22%) Lead Business Analyst
8 1 (2.22%) PMO Analyst
8 1 (2.22%) Functional Test Analyst
8 1 (2.22%) Business Intelligence Architect
8 1 (2.22%) Architect
8 1 (2.22%) Test Analyst
8 1 (2.22%) Data Architect
Libraries, Frameworks & Software Standards
1 3 (6.67%) XBRL
Miscellaneous
1 4 (8.89%) Credit Risk
1 4 (8.89%) Analytical Skills
2 2 (4.44%) Mobile Banking
3 1 (2.22%) Reference Data
3 1 (2.22%) Derivative
3 1 (2.22%) Credit Derivative
3 1 (2.22%) Management Information System
Operating Systems
1 2 (4.44%) UNIX
Processes & Methodologies
1 15 (33.33%) Business Analysis
2 10 (22.22%) Requirements Analysis
2 10 (22.22%) Data Analysis
3 8 (17.78%) User Acceptance Testing
3 8 (17.78%) Agile Software Development
3 8 (17.78%) GAP Analysis
4 5 (11.11%) Data Mapping
4 5 (11.11%) ETL
4 5 (11.11%) Stakeholder Management
5 4 (8.89%) Information Management
5 4 (8.89%) Performance Tuning
5 4 (8.89%) System Testing
6 3 (6.67%) Technical Analysis
6 3 (6.67%) PRINCE2
6 3 (6.67%) Project Management
7 2 (4.44%) Change Management
7 2 (4.44%) Migration
7 2 (4.44%) Programme Management
7 2 (4.44%) Business Intelligence
7 2 (4.44%) PRINCE
Programming Languages
1 11 (24.44%) SQL
2 2 (4.44%) Shell Script
3 1 (2.22%) PL/SQL
Qualifications
1 8 (17.78%) ACCA
1 8 (17.78%) CIMA
2 2 (4.44%) PRINCE2 Certification
3 1 (2.22%) Degree
3 1 (2.22%) PMP
3 1 (2.22%) PMI Certification
Quality Assurance & Compliance
1 28 (62.22%) FINREP
2 11 (24.44%) Basel III
3 10 (22.22%) FATCA
4 8 (17.78%) Sarbanes-Oxley
5 4 (8.89%) CRD IV
6 1 (2.22%) QA
6 1 (2.22%) Solvency II
6 1 (2.22%) Basel II
Vendors
1 4 (8.89%) Oracle
1 4 (8.89%) Microgen
2 2 (4.44%) Cognos
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £650 per day
Posted: Yesterday
Wiltshire
The People Network
Rate: £500 - £700 per day
Posted: 4 days ago
Manchester
Real Staffing
Rate: £450 - £550 per day + competitive
Posted: 26 days ago