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 27 July 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
27 Jul 2015
Same period 2014 Same period 2013
Common Reporting (COREP)
Rank 584 573 552
Rank change year-on-year
-11 -21
Contract jobs citing COREP 27 20 33
As % of all contract IT jobs located in the UK 0.047% 0.037% 0.065%
As % of the Quality Assurance & Compliance category 0.59% 0.46% 0.86%
Number of daily rates quoted 23 17 29
Average daily rate
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of your 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 £525 £370 £401
10% offered a daily rate of more than £638 £600 £600
UK excluding London average daily rate £550 £501 £450
% change year-on-year
+9.89% +11.22%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
4559 4319 3848
As % of all contract IT jobs located in the UK 7.99% 7.89% 7.55%
Number of daily rates quoted 2942 2611 2285
Average daily rate £425 £400 £425
Average daily rate % change year-on-year
+6.25% -5.88%
90% offered a daily rate of more than £250 £231 £275
10% offered a daily rate of more than £600 £550 £600
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 173 195 153
Average hourly rate £21.15 £20.00 £19.00
Average hourly rate % change year-on-year
+5.72% +5.26%
90% offered a hourly rate of more than £12.14 £12.50 £9.85
10% offered a hourly rate of more than £51.17 £43.22 £42.50
UK excluding London average hourly rate £21.51 £20.21 £17.50
% change year-on-year
+6.47% +15.45%

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 27 July 2015.

COREP Daily Rate Histogram in the UK

COREP
Top 9 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 27 July 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 -18 27 £550 - 9
London +7 17 £550 -7.56% 7
Swindon +1 5 £613 +13.90%
South West 0 5 £613 +13.90%
Wiltshire -1 5 £613 +13.90%
Sheffield -3 5 £525 +262.06% 1
South Yorkshire -4 5 £525 +262.06% 1
Yorkshire -23 5 £525 +123.40% 1
City of London -6 4 £538 +10.25% 3

COREP
Top 30 Related IT Skills

For the 6 months to 27 July 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 53 (89.83%) Finance
2 27 (45.76%) Banking
3 26 (44.07%) FINREP
4 21 (35.59%) Investment Banking
5 18 (30.51%) Business Analysis
6 14 (23.73%) CRD IV
7 13 (22.03%) Technical Analysis
7 13 (22.03%) General Ledger
7 13 (22.03%) Back Office
8 11 (18.64%) Basel II
8 11 (18.64%) IT Governance
8 11 (18.64%) Degree
9 10 (16.95%) Derivative
9 10 (16.95%) MS Excel
9 10 (16.95%) Data Modelling
9 10 (16.95%) Analytical Skills
10 9 (15.25%) Basel III
10 9 (15.25%) Microsoft
10 9 (15.25%) Data Analysis
10 9 (15.25%) Agile Software Development
10 9 (15.25%) Stress Testing
10 9 (15.25%) Reference Data
10 9 (15.25%) Waterfall
11 8 (13.56%) Data Integration
11 8 (13.56%) Project Management
12 7 (11.86%) CIMA
12 7 (11.86%) GAP Analysis
12 7 (11.86%) Sarbanes-Oxley
12 7 (11.86%) ACCA
12 7 (11.86%) Business Intelligence

COREP
Top Related IT Skills by Category

For the 6 months to 27 July 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 3 (5.08%) SAS
Applications
1 10 (16.95%) MS Excel
2 1 (1.69%) MS PowerPoint
2 1 (1.69%) Spreadsheet
Database & Business Intelligence
1 7 (11.86%) Data Warehouse
2 2 (3.39%) BusinessObjects
2 2 (3.39%) NoSQL
2 2 (3.39%) SQL Server
2 2 (3.39%) Oracle Reports
2 2 (3.39%) MS Access
Development Applications
1 5 (8.47%) Subversion
2 2 (3.39%) JIRA
General
1 53 (89.83%) Finance
2 27 (45.76%) Banking
3 21 (35.59%) Investment Banking
4 13 (22.03%) General Ledger
4 13 (22.03%) Back Office
5 4 (6.78%) Retail
6 3 (5.08%) Retail Banking
6 3 (5.08%) Telecoms
7 2 (3.39%) Advertising
8 1 (1.69%) Legal
Job Titles
1 34 (57.63%) Analyst
2 31 (52.54%) Business Analyst
3 13 (22.03%) Architect
4 9 (15.25%) Developer
5 8 (13.56%) Solutions Architect
5 8 (13.56%) Senior Analyst
6 7 (11.86%) Senior Business Analyst
7 5 (8.47%) Data Architect
8 4 (6.78%) Report Analyst
9 3 (5.08%) Information Architect
9 3 (5.08%) Senior Developer
9 3 (5.08%) Consultant
9 3 (5.08%) Excel Developer
10 2 (3.39%) Banking Business Analyst
10 2 (3.39%) Investment Banking Business Analyst
10 2 (3.39%) Enterprise Data Architect
10 2 (3.39%) Test Leader
10 2 (3.39%) Enterprise Architect
10 2 (3.39%) Risk Analyst
10 2 (3.39%) VBA Developer
Libraries, Frameworks & Software Standards
1 6 (10.17%) XBRL
2 2 (3.39%) XML
3 1 (1.69%) OLE
3 1 (1.69%) OLE DB
Miscellaneous
1 10 (16.95%) Derivative
1 10 (16.95%) Analytical Skills
2 9 (15.25%) Reference Data
3 8 (13.56%) Data Integration
4 7 (11.86%) Credit Risk
5 6 (10.17%) Contract for Difference
5 6 (10.17%) Foreign Exchange (FX)
5 6 (10.17%) Fixed Income
5 6 (10.17%) Equities
6 5 (8.47%) Market Risk
7 4 (6.78%) Credit Derivative
8 2 (3.39%) Computer Science
9 1 (1.69%) Data Extraction
Operating Systems
1 6 (10.17%) UNIX
1 6 (10.17%) Linux
Processes & Methodologies
1 18 (30.51%) Business Analysis
2 13 (22.03%) Technical Analysis
3 11 (18.64%) IT Governance
4 10 (16.95%) Data Modelling
5 9 (15.25%) Agile Software Development
5 9 (15.25%) Data Analysis
5 9 (15.25%) Stress Testing
5 9 (15.25%) Waterfall
6 8 (13.56%) Project Management
7 7 (11.86%) GAP Analysis
7 7 (11.86%) Business Intelligence
7 7 (11.86%) Requirements Analysis
7 7 (11.86%) Information Management
8 6 (10.17%) User Acceptance Testing
8 6 (10.17%) Cost-Benefit Analysis
8 6 (10.17%) Data Management
8 6 (10.17%) TOGAF
9 5 (8.47%) Automated Testing
9 5 (8.47%) Continuous Integration
9 5 (8.47%) RDF
Programming Languages
1 7 (11.86%) SQL
2 5 (8.47%) Python
2 5 (8.47%) C#
2 5 (8.47%) C++
2 5 (8.47%) Java
2 5 (8.47%) Perl
2 5 (8.47%) PHP
3 2 (3.39%) VBA
Qualifications
1 11 (18.64%) Degree
2 7 (11.86%) ACCA
2 7 (11.86%) CIMA
3 2 (3.39%) ISTQB
3 2 (3.39%) PMP
3 2 (3.39%) PMI Certification
3 2 (3.39%) ISTQB Foundation Certification
4 1 (1.69%) ISEB
Quality Assurance & Compliance
1 26 (44.07%) FINREP
2 14 (23.73%) CRD IV
3 11 (18.64%) Basel II
4 9 (15.25%) Basel III
5 7 (11.86%) Sarbanes-Oxley
5 7 (11.86%) FATCA
6 2 (3.39%) Data Quality
Systems Management
1 7 (11.86%) HP Quality Center
Vendors
1 9 (15.25%) Microsoft
2 7 (11.86%) Oracle
3 6 (10.17%) Business Objects
4 2 (3.39%) SAP
4 2 (3.39%) IBM
4 2 (3.39%) Sybase
4 2 (3.39%) HP
4 2 (3.39%) Teradata
5 1 (1.69%) WorldPay
London
JCW Search Ltd
Rate: From £550 to £650 per day
Posted: 7 hours ago
Edinburgh, Midlothian
Hydrogen Group
Rate: £250.00 - £330.00 per day
Posted: 12 hours ago
City, London
Aston Carter
Rate: £350 - £420 per day
Posted: 5 days ago
Sheffield
Hays IT - Uk Posting account
Rate: £500.00 - £550.00 per day + Negotiable
Posted: 14 days ago
London
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 20 days ago
London
Real Staffing
Rate: £500 - £625 per day + competitive
Posted: 27 days ago