The table below looks at the statistics for COREP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited COREP over the 3 months to 4 May 2016 with a comparison to the same period over 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.

3 months to
4 May 2016
Same period 2015 Same period 2014
Common Reporting (COREP)
Rank 630 605 581
Rank change year-on-year
-25 -24
Contract jobs citing COREP 17 31 40
As % of all contract IT jobs located in the UK 0.031% 0.056% 0.073%
As % of the Quality Assurance & Compliance category 0.34% 0.61% 0.80%
Number of daily rates quoted 14 27 32
Median daily rate £545 £550 £550
Median daily rate % change year-on-year
-0.90% -
90% offered a daily rate of more than £422 £350 £400
10% offered a daily rate of more than £675 £700 £648
UK excluding London median daily rate £455 £538 £550
% change year-on-year
-15.38% -2.22%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
4983 5079 5017
As % of all contract IT jobs located in the UK 8.96% 9.09% 9.20%
Number of daily rates quoted 3166 3113 3037
Median daily rate £425 £405 £403
Median daily rate % change year-on-year
+4.93% +0.62%
90% offered a daily rate of more than £260 £260 £246
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £387 £368
% change year-on-year
+3.35% +5.30%
Number of hourly rates quoted 186 166 224
Median hourly rate £22.50 £25.50 £21.00
Median hourly rate % change year-on-year
-11.76% +21.42%
90% offered a hourly rate of more than £12.47 £12.00 £11.00
10% offered a hourly rate of more than £52.50 £47.50 £44.75
UK excluding London median hourly rate £25.50 £29.00 £21.00
% change year-on-year
-12.06% +38.09%

COREP
Jobs Demand Trend

The demand trend of contract jobs citing COREP as a proportion of all IT contracts with a match in 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 4 May 2016.

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 median contractor rates quoted in IT jobs citing COREP within the UK over the 3 months to 4 May 2016. 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 see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -34 14 £550 - 1
London -19 8 £675 +22.72% 1
West Yorkshire +7 3 £428 +19.58%
Halifax +4 3 £428 +15.54%
Yorkshire -1 3 £428 +19.58%
North East - 3 £540 -
Edinburgh -12 1 - -
Scotland -18 1 - -

COREP
Top 30 Related IT Skills

For the 6 months to 4 May 2016, IT contractor jobs citing COREP also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for COREP.

1 23 (85.19%) Finance
2 14 (51.85%) FINREP
3 11 (40.74%) Project Management
4 10 (37.04%) Banking
5 9 (33.33%) Front Office
5 9 (33.33%) Back Office
6 7 (25.93%) Investment Banking
6 7 (25.93%) Credit Risk
6 7 (25.93%) Risk Management
6 7 (25.93%) Basel II
6 7 (25.93%) CRD IV
7 6 (22.22%) Translating Business Requirements
7 6 (22.22%) Test Scripting
7 6 (22.22%) Basel III
7 6 (22.22%) Stress Testing
8 5 (18.52%) Security Testing
8 5 (18.52%) IT Governance
8 5 (18.52%) General Ledger
8 5 (18.52%) Migration
8 5 (18.52%) Stakeholder Management
8 5 (18.52%) Disaster Recovery
8 5 (18.52%) Management Information System
8 5 (18.52%) Data Warehouse
8 5 (18.52%) Cash Management
8 5 (18.52%) Technical Analysis
9 4 (14.81%) Analytical Skills
9 4 (14.81%) Data Mining
9 4 (14.81%) SAS
9 4 (14.81%) Legal
9 4 (14.81%) Agile Software Development

COREP
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 4 (14.81%) SAS
2 1 (3.70%) CICS
Applications
1 1 (3.70%) MS Excel
1 1 (3.70%) MS Office
Database & Business Intelligence
1 5 (18.52%) Data Warehouse
2 4 (14.81%) Data Mining
3 1 (3.70%) BusinessObjects
3 1 (3.70%) DB2
3 1 (3.70%) SAS Enterprise Guide
General
1 23 (85.19%) Finance
2 10 (37.04%) Banking
3 9 (33.33%) Back Office
3 9 (33.33%) Front Office
4 7 (25.93%) Investment Banking
5 5 (18.52%) General Ledger
6 4 (14.81%) Legal
7 2 (7.41%) Retail
Job Titles
1 18 (66.67%) Analyst
2 13 (48.15%) Business Analyst
3 11 (40.74%) Report Analyst
4 9 (33.33%) Regulatory Business Analyst
4 9 (33.33%) Regulatory Reporting Business Analyst
5 8 (29.63%) Risk Analyst
6 7 (25.93%) Liquidity Business Analyst
7 6 (22.22%) Project Manager
8 5 (18.52%) Risk Business Analyst
9 3 (11.11%) Report Manager
10 2 (7.41%) Architect
10 2 (7.41%) Data Analyst
10 2 (7.41%) IT Manager
10 2 (7.41%) IT Project Manager
10 2 (7.41%) Senior Analyst
10 2 (7.41%) Senior Risk Analyst
10 2 (7.41%) Solutions Architect
11 1 (3.70%) Business IT Analyst
11 1 (3.70%) Developer
11 1 (3.70%) Report Developer
Libraries, Frameworks & Software Standards
1 1 (3.70%) Middleware
1 1 (3.70%) Web Services
Miscellaneous
1 7 (25.93%) Credit Risk
2 5 (18.52%) Management Information System
3 4 (14.81%) Analytical Skills
4 3 (11.11%) Market Risk
5 1 (3.70%) Contract for Difference
5 1 (3.70%) Data Integration
5 1 (3.70%) Derivative
5 1 (3.70%) Equities
5 1 (3.70%) Fixed Income
5 1 (3.70%) Foreign Exchange (FX)
5 1 (3.70%) Reference Data
5 1 (3.70%) SWIFT
5 1 (3.70%) Taxonomies
Operating Systems
1 1 (3.70%) Unix
Processes & Methodologies
1 11 (40.74%) Project Management
2 7 (25.93%) Risk Management
3 6 (22.22%) Stress Testing
3 6 (22.22%) Test Scripting
3 6 (22.22%) Translating Business Requirements
4 5 (18.52%) Cash Management
4 5 (18.52%) Disaster Recovery
4 5 (18.52%) IT Governance
4 5 (18.52%) Migration
4 5 (18.52%) Security Testing
4 5 (18.52%) Stakeholder Management
4 5 (18.52%) Technical Analysis
5 4 (14.81%) Agile Software Development
6 3 (11.11%) ITIL
7 2 (7.41%) Analytics
7 2 (7.41%) BPR
7 2 (7.41%) Business Analysis
7 2 (7.41%) Data Analysis
7 2 (7.41%) Programme Management
7 2 (7.41%) Project Planning
Programming Languages
1 2 (7.41%) SQL
2 1 (3.70%) COBOL
2 1 (3.70%) JCL
2 1 (3.70%) Shell Script
Qualifications
1 1 (3.70%) ACCA
1 1 (3.70%) CIMA
1 1 (3.70%) Degree
Quality Assurance & Compliance
1 14 (51.85%) FINREP
2 7 (25.93%) Basel II
2 7 (25.93%) CRD IV
3 6 (22.22%) Basel III
4 1 (3.70%) SEPA
4 1 (3.70%) Solvency II
Vendors
1 1 (3.70%) Microsoft
1 1 (3.70%) Oracle