The first table below looks at the demand 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 29 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

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
29 Jul 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 572 530 519
Rank change year-on-year
-42 -11
Contract jobs citing COREP 17 33 50
As % of all contract IT jobs located in the UK 0.031% 0.065% 0.086%
As % of the Quality Assurance & Compliance category 0.40% 0.86% 1.13%
Number of daily rates quoted 14 29 38
Average daily rate
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£550 £550 £525
Average daily rate % change year-on-year
- +4.76%
90% offered a daily rate of more than £451 £401 £450
10% offered a daily rate of more than £600 £600 £625
UK excluding London average daily rate £526 £450 £450
% change year-on-year
+16.77% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4278 3859 4441
As % of all contract IT jobs located in the UK 7.83% 7.55% 7.66%
Number of daily rates quoted 2592 2300 2369
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £230 £275 £243
10% offered a daily rate of more than £550 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 198 146 253
Average hourly rate £20.00 £19.00 £18.25
Average hourly rate % change year-on-year
+5.26% +4.10%
90% offered a hourly rate of more than £12.50 £10.00 £11.00
10% offered a hourly rate of more than £43.00 £42.50 £39.00
UK excluding London average hourly rate £20.50 £17.50 £19.00
% change year-on-year
+17.14% -7.89%

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 29 July 2014.

COREP Daily Rate Histogram in the UK

COREP
Top 8 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 29 July 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
England -24 17 £550 - 1
London -14 10 £600 +4.34% 1
South West -30 6 £538 -10.37%
Swindon - 6 £538 -
Wiltshire - 6 £538 -
City of London - - - - 1
Edinburgh - - - -
Scotland - - - -

COREP
Top 30 Related IT Skills

For the 6 months to 29 July 2014, 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 43 (75.44%) Finance
2 35 (61.40%) FINREP
3 25 (43.86%) Banking
4 24 (42.11%) Basel III
5 21 (36.84%) CRD IV
6 17 (29.82%) SQL
7 16 (28.07%) Business Analysis
8 11 (19.30%) User Acceptance Testing
9 10 (17.54%) Data Analysis
10 9 (15.79%) Data Warehouse
10 9 (15.79%) Sarbanes-Oxley
11 8 (14.04%) Basel II
11 8 (14.04%) ACCA
11 8 (14.04%) CIMA
11 8 (14.04%) GAP Analysis
11 8 (14.04%) Investment Banking
11 8 (14.04%) Data Mapping
12 7 (12.28%) QA
12 7 (12.28%) Requirements Analysis
12 7 (12.28%) Stakeholder Engagement
13 6 (10.53%) Risk Management
14 5 (8.77%) Stakeholder Management
14 5 (8.77%) Project Management
14 5 (8.77%) VBA
14 5 (8.77%) SQL Server
14 5 (8.77%) FATCA
14 5 (8.77%) Credit Risk
15 4 (7.02%) Data Architecture
15 4 (7.02%) Stress Testing
15 4 (7.02%) Data Management

COREP
Top Related IT Skills by Category

For the 6 months to 29 July 2014, 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 (1.75%) IBM Notes
1 1 (1.75%) SAS
Applications
1 1 (1.75%) MS Excel
Business Applications
1 1 (1.75%) Oracle Financials
Database & Business Intelligence
1 9 (15.79%) Data Warehouse
2 5 (8.77%) SQL Server
3 2 (3.51%) SQL Server 2008
3 2 (3.51%) Data Mining
4 1 (1.75%) DataStage
4 1 (1.75%) Data Mart
Development Applications
1 1 (1.75%) ProC
General
1 43 (75.44%) Finance
2 25 (43.86%) Banking
3 8 (14.04%) Investment Banking
4 3 (5.26%) General Ledger
4 3 (5.26%) Financial Institution
5 2 (3.51%) Back Office
5 2 (3.51%) Retail
6 1 (1.75%) Retail Banking
6 1 (1.75%) Marketing
Job Titles
1 34 (59.65%) Analyst
2 32 (56.14%) Business Analyst
3 8 (14.04%) Project Manager
3 8 (14.04%) Senior Business Analyst
3 8 (14.04%) Senior Analyst
4 4 (7.02%) Consultant
5 3 (5.26%) Data Analyst
5 3 (5.26%) Information Security Consultant
5 3 (5.26%) Security Consultant
6 2 (3.51%) PMO Lead
6 2 (3.51%) Financial Business Analyst
6 2 (3.51%) Business Data Analyst
7 1 (1.75%) IT Support
7 1 (1.75%) QA Leader
7 1 (1.75%) Risk Consultant
7 1 (1.75%) Senior Information Security Consultant
7 1 (1.75%) Risk Analyst
7 1 (1.75%) Senior Security Consultant
7 1 (1.75%) Systems Analyst
7 1 (1.75%) Senior Consultant
Libraries, Frameworks & Software Standards
1 1 (1.75%) .NET
1 1 (1.75%) XBRL
1 1 (1.75%) Middleware
Miscellaneous
1 5 (8.77%) Credit Risk
2 2 (3.51%) Foreign Exchange (FX)
3 1 (1.75%) Derivative
3 1 (1.75%) Market Risk
3 1 (1.75%) Reference Data
3 1 (1.75%) Data Conversion
Operating Systems
1 1 (1.75%) Windows
1 1 (1.75%) AIX
1 1 (1.75%) Linux
Processes & Methodologies
1 16 (28.07%) Business Analysis
2 11 (19.30%) User Acceptance Testing
3 10 (17.54%) Data Analysis
4 8 (14.04%) Data Mapping
4 8 (14.04%) GAP Analysis
5 7 (12.28%) Stakeholder Engagement
5 7 (12.28%) Requirements Analysis
6 6 (10.53%) Risk Management
7 5 (8.77%) Stakeholder Management
7 5 (8.77%) Project Management
8 4 (7.02%) Data Management
8 4 (7.02%) Analytics
8 4 (7.02%) Data Architecture
8 4 (7.02%) Stress Testing
9 3 (5.26%) Agile Software Development
9 3 (5.26%) Information Security
9 3 (5.26%) Migration
9 3 (5.26%) Data Security
10 2 (3.51%) Validation
10 2 (3.51%) Change Management
Programming Languages
1 17 (29.82%) SQL
2 5 (8.77%) VBA
3 1 (1.75%) C#
Qualifications
1 8 (14.04%) ACCA
1 8 (14.04%) CIMA
2 3 (5.26%) Degree
3 2 (3.51%) CISM
3 2 (3.51%) CISSP
4 1 (1.75%) PMP
4 1 (1.75%) PMI Certification
Quality Assurance & Compliance
1 35 (61.40%) FINREP
2 24 (42.11%) Basel III
3 21 (36.84%) CRD IV
4 9 (15.79%) Sarbanes-Oxley
5 8 (14.04%) Basel II
6 7 (12.28%) QA
7 5 (8.77%) FATCA
8 1 (1.75%) EMIR
8 1 (1.75%) Dodd-Frank
8 1 (1.75%) Solvency II
8 1 (1.75%) Data Quality
Vendors
1 2 (3.51%) Microsoft
2 1 (1.75%) Lotus
2 1 (1.75%) Oracle
2 1 (1.75%) Business Objects
2 1 (1.75%) SAP
City of London
Orgtel
Rate: £400 - £550 per annum + competitive
Posted: 8 days ago