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 5 March 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
5 Mar 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 562 516 507
Rank change year-on-year
-46 -9
Contract jobs citing COREP 17 48 16
As % of all contract IT jobs located in the UK 0.033% 0.096% 0.036%
As % of the Quality Assurance & Compliance category 0.42% 1.22% 0.50%
Number of daily rates quoted 16 30 11
Average daily rate
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£538 £550 £400
Average daily rate % change year-on-year
-2.22% +37.50%
90% offered a daily rate of more than £444 £398 £301
10% offered a daily rate of more than £588 £660 £625
UK excluding London average daily rate £550 £550 £301
% change year-on-year
- +83.02%
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
4054 3939 3187
As % of all contract IT jobs located in the UK 7.82% 7.87% 7.24%
Number of daily rates quoted 2372 2321 1799
Average daily rate £400 £404 £400
Average daily rate % change year-on-year
-0.92% +0.93%
90% offered a daily rate of more than £225 £245 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £383 £368 £338
% change year-on-year
+4.08% +8.88%
Number of hourly rates quoted 135 152 189
Average hourly rate £18.50 £16.39 £20.00
Average hourly rate % change year-on-year
+12.85% -18.03%
90% offered a hourly rate of more than £11.00 £10.80 £10.50
10% offered a hourly rate of more than £47.50 £40.45 £49.25
UK excluding London average hourly rate £18.50 £16.75 £20.00
% change year-on-year
+10.44% -16.25%

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 5 March 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 5 March 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 -39 16 £550 - 8
London -22 10 £488 -11.36% 7
City of London +3 5 £488 -18.75% 4
Halifax - - - -
West Yorkshire - - - -
Yorkshire - - - -

COREP
Top 30 Related IT Skills

For the 6 months to 5 March 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 (86.96%) Finance
2 27 (58.70%) FINREP
3 25 (54.35%) Banking
4 14 (30.43%) Business Analysis
5 12 (26.09%) Investment Banking
6 11 (23.91%) SQL
6 11 (23.91%) Data Analysis
7 10 (21.74%) Basel III
8 9 (19.57%) FATCA
9 8 (17.39%) User Acceptance Testing
9 8 (17.39%) Requirements Analysis
9 8 (17.39%) ACCA
9 8 (17.39%) Sarbanes-Oxley
9 8 (17.39%) CIMA
9 8 (17.39%) GAP Analysis
10 7 (15.22%) Retail
10 7 (15.22%) Agile Software Development
10 7 (15.22%) Retail Banking
11 6 (13.04%) Technical Analysis
12 5 (10.87%) JIRA
12 5 (10.87%) System Testing
12 5 (10.87%) Stakeholder Management
13 4 (8.70%) General Ledger
13 4 (8.70%) Information Management
13 4 (8.70%) Project Management
13 4 (8.70%) Data Warehouse
13 4 (8.70%) CRD IV
13 4 (8.70%) Credit Risk
13 4 (8.70%) Analytical Skills
14 3 (6.52%) Line Management

COREP
Top Related IT Skills by Category

For the 6 months to 5 March 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 (2.17%) MS Project Server
Applications
1 2 (4.35%) MS PowerPoint
1 2 (4.35%) MS Excel
1 2 (4.35%) MS Project
2 1 (2.17%) MS Office
Communications & Networking
1 1 (2.17%) PPP
Database & Business Intelligence
1 4 (8.70%) Data Warehouse
2 1 (2.17%) Oracle Reports
Development Applications
1 5 (10.87%) JIRA
General
1 40 (86.96%) Finance
2 25 (54.35%) Banking
3 12 (26.09%) Investment Banking
4 7 (15.22%) Retail
4 7 (15.22%) Retail Banking
5 4 (8.70%) General Ledger
6 3 (6.52%) Front Office
6 3 (6.52%) Back Office
7 2 (4.35%) Financial Institution
8 1 (2.17%) Telecoms
Job Titles
1 34 (73.91%) Analyst
2 29 (63.04%) Business Analyst
3 8 (17.39%) Project Manager
4 7 (15.22%) Senior Analyst
4 7 (15.22%) Senior Business Analyst
5 3 (6.52%) Banking Business Analyst
5 3 (6.52%) Programme Manager
5 3 (6.52%) Developer
6 2 (4.35%) Banking Analyst
6 2 (4.35%) Business Project Manager
6 2 (4.35%) Business Manager
6 2 (4.35%) Agile Business Analyst
7 1 (2.17%) Investment Banking Business Analyst
7 1 (2.17%) Lead Business Analyst
7 1 (2.17%) PMO Analyst
7 1 (2.17%) Functional Test Analyst
7 1 (2.17%) Test Leader
7 1 (2.17%) Business Intelligence Architect
7 1 (2.17%) Architect
7 1 (2.17%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (6.52%) XBRL
Miscellaneous
1 4 (8.70%) Credit Risk
1 4 (8.70%) Analytical Skills
2 2 (4.35%) Mobile Banking
3 1 (2.17%) Reference Data
3 1 (2.17%) Computer Science
3 1 (2.17%) Derivative
3 1 (2.17%) Credit Derivative
3 1 (2.17%) Management Information System
Operating Systems
1 1 (2.17%) UNIX
Processes & Methodologies
1 14 (30.43%) Business Analysis
2 11 (23.91%) Data Analysis
3 8 (17.39%) User Acceptance Testing
3 8 (17.39%) Requirements Analysis
3 8 (17.39%) GAP Analysis
4 7 (15.22%) Agile Software Development
5 6 (13.04%) Technical Analysis
6 5 (10.87%) System Testing
6 5 (10.87%) Stakeholder Management
7 4 (8.70%) Information Management
7 4 (8.70%) Project Management
8 3 (6.52%) Line Management
8 3 (6.52%) Data Migration
8 3 (6.52%) IT Governance
8 3 (6.52%) Data Mapping
8 3 (6.52%) Data Modelling
8 3 (6.52%) ETL
8 3 (6.52%) PRINCE2
8 3 (6.52%) Validation
8 3 (6.52%) Migration
Programming Languages
1 11 (23.91%) SQL
2 1 (2.17%) Shell Script
Qualifications
1 8 (17.39%) ACCA
1 8 (17.39%) CIMA
2 2 (4.35%) PRINCE2 Certification
2 2 (4.35%) Degree
3 1 (2.17%) ISTQB Foundation Certification
3 1 (2.17%) ISTQB
3 1 (2.17%) VCP4
3 1 (2.17%) ISEB
3 1 (2.17%) PMP
3 1 (2.17%) PMI Certification
Quality Assurance & Compliance
1 27 (58.70%) FINREP
2 10 (21.74%) Basel III
3 9 (19.57%) FATCA
4 8 (17.39%) Sarbanes-Oxley
5 4 (8.70%) CRD IV
6 3 (6.52%) Basel II
7 1 (2.17%) QA
7 1 (2.17%) Solvency II
Systems Management
1 1 (2.17%) HP Quality Center
Vendors
1 3 (6.52%) Oracle
2 2 (4.35%) Cognos
2 2 (4.35%) Microgen
3 1 (2.17%) Microsoft
3 1 (2.17%) HP
City, London
Millennium Business Technology
Posted: 3 hours ago
City, London
Connectus
Rate: £400 - £500 per day
Posted: 6 days ago