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 18 April 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
18 Apr 2014
Same period 2013 Same period 2012
Common Reporting (COREP)
Rank 542 531 560
Rank change year-on-year
-11 +29
Contract jobs citing COREP 45 13 28
As % of all contract IT jobs located in the UK 0.080% 0.027% 0.046%
As % of the Quality Assurance & Compliance category 1.02% 0.36% 0.62%
Number of daily rates quoted 33 9 24
Average daily rate £550 £375 £525
Average daily rate % change year-on-year
+46.66% -28.57%
90% offered a daily rate of more than £400 £340 £458
10% offered a daily rate of more than £645 £635 £755
UK excluding London average daily rate £550 £301 -
% change year-on-year
+83.02% -
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
4414 3599 4540
As % of all contract IT jobs located in the UK 7.84% 7.54% 7.49%
Number of daily rates quoted 2669 2121 2478
Average daily rate £400 £400 £425
Average daily rate % change year-on-year
- -5.88%
90% offered a daily rate of more than £246 £225 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £365 £330 £350
% change year-on-year
+10.60% -5.71%
Number of hourly rates quoted 189 144 240
Average hourly rate £19.00 £18.70 £16.86
Average hourly rate % change year-on-year
+1.60% +10.91%
90% offered a hourly rate of more than £10.86 £10.50 £11.08
10% offered a hourly rate of more than £45.86 £55.00 £35.70
UK excluding London average hourly rate £18.00 £15.25 £16.43
% change year-on-year
+18.03% -7.15%

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 18 April 2014.

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 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England -59 41 £550 +46.66% 6
London -8 27 £550 +46.66% 6
City of London -4 12 £494 +22.67% 6
South West - 12 £600 -
Wiltshire - 11 £600 -
Swindon - 8 £525 -

COREP
Top 30 Related IT Skills

For the 6 months to 18 April 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 55 (77.46%) FINREP
2 43 (60.56%) Finance
3 41 (57.75%) Banking
4 38 (53.52%) Basel III
5 33 (46.48%) CRD IV
6 29 (40.85%) Business Analysis
7 27 (38.03%) SQL
8 18 (25.35%) Investment Banking
9 16 (22.54%) Data Mapping
10 15 (21.13%) User Acceptance Testing
10 15 (21.13%) QA
10 15 (21.13%) Risk Management
11 13 (18.31%) Data Analysis
12 11 (15.49%) Migration
13 10 (14.08%) Basel II
14 9 (12.68%) Validation
14 9 (12.68%) Credit Risk
15 8 (11.27%) Stakeholder Management
15 8 (11.27%) Management Information System
16 7 (9.86%) Data Warehouse
16 7 (9.86%) Stakeholder Engagement
17 6 (8.45%) Financial Institution
17 6 (8.45%) Derivative
17 6 (8.45%) Agile Software Development
18 5 (7.04%) Market Risk
18 5 (7.04%) TDD
18 5 (7.04%) Credit Derivative
18 5 (7.04%) UML
18 5 (7.04%) MS Excel
19 4 (5.63%) Project Management

COREP
Top Related IT Skills by Category

For the 6 months to 18 April 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 (1.41%) SAP Portal
Applications
1 5 (7.04%) MS Excel
2 2 (2.82%) MS Project
2 2 (2.82%) MS PowerPoint
3 1 (1.41%) MS Visio
3 1 (1.41%) MS Office
Business Applications
1 1 (1.41%) SAP ERP
1 1 (1.41%) SAP Bank Analyzer
1 1 (1.41%) SAP FI/CO
1 1 (1.41%) SAP CO
1 1 (1.41%) Oracle Financials
1 1 (1.41%) SAP R/3
1 1 (1.41%) SAP FI
Database & Business Intelligence
1 7 (9.86%) Data Warehouse
2 2 (2.82%) SQL Server
2 2 (2.82%) SQL Server 2008
3 1 (1.41%) Data Mart
3 1 (1.41%) SAP BW
3 1 (1.41%) SAP BI
Development Applications
1 1 (1.41%) ProC
General
1 43 (60.56%) Finance
2 41 (57.75%) Banking
3 18 (25.35%) Investment Banking
4 6 (8.45%) Financial Institution
5 3 (4.23%) General Ledger
5 3 (4.23%) International Banking
6 1 (1.41%) Retail Banking
6 1 (1.41%) Private Banking
6 1 (1.41%) Marketing
6 1 (1.41%) Retail
6 1 (1.41%) Back Office
Job Titles
1 49 (69.01%) Analyst
2 46 (64.79%) Business Analyst
3 8 (11.27%) Report Analyst
3 8 (11.27%) Banking Business Analyst
3 8 (11.27%) Consultant
4 6 (8.45%) Project Manager
4 6 (8.45%) Financial Business Analyst
4 6 (8.45%) Investment Banking Business Analyst
5 4 (5.63%) Senior Business Analyst
5 4 (5.63%) Data Analyst
5 4 (5.63%) Senior Analyst
6 3 (4.23%) Test Consultant
6 3 (4.23%) Information Security Consultant
6 3 (4.23%) Security Consultant
7 2 (2.82%) Architect
7 2 (2.82%) Developer
7 2 (2.82%) Systems Analyst
7 2 (2.82%) Business Data Analyst
8 1 (1.41%) Risk Consultant
8 1 (1.41%) Senior Information Security Consultant
Libraries, Frameworks & Software Standards
1 1 (1.41%) .NET
1 1 (1.41%) XBRL
Miscellaneous
1 9 (12.68%) Credit Risk
2 8 (11.27%) Management Information System
3 6 (8.45%) Derivative
4 5 (7.04%) Market Risk
4 5 (7.04%) Credit Derivative
5 2 (2.82%) Foreign Exchange (FX)
6 1 (1.41%) Reference Data
6 1 (1.41%) Data Conversion
6 1 (1.41%) Mathematics
6 1 (1.41%) Physics
6 1 (1.41%) Computer Science
6 1 (1.41%) PDA
6 1 (1.41%) Equities
Operating Systems
1 2 (2.82%) UNIX
Processes & Methodologies
1 29 (40.85%) Business Analysis
2 16 (22.54%) Data Mapping
3 15 (21.13%) User Acceptance Testing
3 15 (21.13%) Risk Management
4 13 (18.31%) Data Analysis
5 11 (15.49%) Migration
6 9 (12.68%) Validation
7 8 (11.27%) Stakeholder Management
8 7 (9.86%) Stakeholder Engagement
9 6 (8.45%) Agile Software Development
10 5 (7.04%) TDD
10 5 (7.04%) UML
11 4 (5.63%) Project Management
11 4 (5.63%) Data Architecture
11 4 (5.63%) Analytics
12 3 (4.23%) Requirements Analysis
12 3 (4.23%) Information Security
12 3 (4.23%) Data Management
12 3 (4.23%) GAP Analysis
12 3 (4.23%) Data Security
Programming Languages
1 27 (38.03%) SQL
2 4 (5.63%) VBA
3 2 (2.82%) Shell Script
4 1 (1.41%) C#
Qualifications
1 3 (4.23%) CIMA
1 3 (4.23%) ACCA
2 2 (2.82%) CISSP
2 2 (2.82%) CISM
2 2 (2.82%) Degree
3 1 (1.41%) SAP Certification
3 1 (1.41%) PMP
3 1 (1.41%) PMI Certification
Quality Assurance & Compliance
1 55 (77.46%) FINREP
2 38 (53.52%) Basel III
3 33 (46.48%) CRD IV
4 15 (21.13%) QA
5 10 (14.08%) Basel II
6 4 (5.63%) Sarbanes-Oxley
7 3 (4.23%) MiFID
8 1 (1.41%) EMIR
8 1 (1.41%) Dodd-Frank
8 1 (1.41%) Solvency II
8 1 (1.41%) Data Quality
8 1 (1.41%) FATCA
Vendors
1 4 (5.63%) Microsoft
2 3 (4.23%) Oracle
3 2 (2.82%) SAP
4 1 (1.41%) ReadSoft
4 1 (1.41%) Business Objects
City of London
Real Staffing
Rate: £450 - £500 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £650 - £750 per day
Posted: 4 days ago
City of London
Argyll Scott
Rate: £450 - £525 per day
Posted: 6 days ago
City of London
Argyll Scott
Rate: £550 - £600 per day
Posted: 6 days ago
City of London
Nicoll Curtin
Rate: £400 - £500 per day
Posted: 8 days ago