The table below looks at the statistics for FATCA skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited FATCA over the 3 months to 28 August 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
28 Aug 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 593 584 497
Rank change year-on-year
-9 -87
Contract jobs citing FATCA 32 32 91
As % of all contract IT jobs located in the UK 0.055% 0.058% 0.17%
As % of the Quality Assurance & Compliance category 0.69% 0.72% 2.34%
Number of daily rates quoted 21 27 79
Average daily rate
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£510 £550 £550
Average daily rate % change year-on-year
-7.27% -
90% offered a daily rate of more than £330 £425 £400
10% offered a daily rate of more than £600 £635 £675
UK excluding London average daily rate £400 £550 £600
% change year-on-year
-27.27% -8.33%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.00 - -
UK excluding London average hourly rate £17.00 - -

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
4608 4429 3890
As % of all contract IT jobs located in the UK 7.87% 7.96% 7.39%
Number of daily rates quoted 2838 2684 2283
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 £260 £225 £263
10% offered a daily rate of more than £575 £550 £625
UK excluding London average daily rate £400 £375 £360
% change year-on-year
+6.66% +4.16%
Number of hourly rates quoted 196 198 163
Average hourly rate £21.55 £19.00 £17.50
Average hourly rate % change year-on-year
+13.42% +8.57%
90% offered a hourly rate of more than £11.97 £12.00 £10.00
10% offered a hourly rate of more than £51.17 £43.00 £37.50
UK excluding London average hourly rate £21.55 £19.50 £17.50
% change year-on-year
+10.51% +11.42%

FATCA
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing FATCA within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

FATCA Jobs Demand Trend in the UK

FATCA
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FATCA within the UK.

FATCA Daily Rate Trend in the UK

FATCA
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FATCA within the UK over the 3 months to 28 August 2015.

FATCA Daily Rate Histogram in the UK

FATCA
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing FATCA within the UK.

FATCA Hourly Rate Trend in the UK

FATCA
Top 21 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FATCA within the UK over the 3 months to 28 August 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 -15 29 £520 -5.45% 6
London +15 23 £563 +2.27% 5
City of London +1 3 £379 -31.13%
Edinburgh - 3 £371 -
Scotland - 3 £371 -
Wiltshire -4 1 £638 +15.90%
Swindon -9 1 £638 +15.90%
South West -14 1 £638 +15.90%
West Midlands - 1 £360 - 1
Reading - 1 £510 -
Leeds - 1 £297 -
West Yorkshire - 1 £297 -
Tyne and Wear - 1 - -
Merseyside - 1 £425 -
Berkshire - 1 £510 -
Newcastle upon Tyne - 1 - -
Birmingham - 1 £360 - 1
Yorkshire - 1 £297 -
North East - 1 - -
North West - 1 £425 -
South East - 1 £510 -

FATCA
Top 30 Related IT Skills

For the 6 months to 28 August 2015, IT contractor jobs within the UK citing FATCA 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 FATCA.

1 76 (62.30%) Finance
2 69 (56.56%) Banking
3 38 (31.15%) Investment Banking
4 37 (30.33%) EMIR
5 34 (27.87%) Business Analysis
6 27 (22.13%) Stakeholder Management
7 24 (19.67%) Dodd-Frank
8 17 (13.93%) Project Management
9 15 (12.30%) SQL
10 13 (10.66%) Reference Data
11 12 (9.84%) Change Management
12 11 (9.02%) Retail
13 10 (8.20%) MiFID
13 10 (8.20%) MS Visio
14 9 (7.38%) UNIX
14 9 (7.38%) User Acceptance Testing
15 8 (6.56%) Derivative
15 8 (6.56%) Retail Banking
15 8 (6.56%) Data Modelling
15 8 (6.56%) Migration
15 8 (6.56%) Coaching
16 7 (5.74%) Mentoring
16 7 (5.74%) Process Management
16 7 (5.74%) IBM
16 7 (5.74%) Data Warehouse
16 7 (5.74%) Calypso
16 7 (5.74%) Fixed Income
16 7 (5.74%) Data Analysis
16 7 (5.74%) Summit
17 6 (4.92%) Asset Management

FATCA
Top Related IT Skills by Category

For the 6 months to 28 August 2015, IT contractor jobs within the UK citing FATCA 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 FATCA. Up to 20 skills are shown per category.

Application Platforms
1 2 (1.64%) SharePoint
2 1 (0.82%) Oracle Workflow
Applications
1 10 (8.20%) MS Visio
2 3 (2.46%) MS PowerPoint
3 2 (1.64%) MS Excel
4 1 (0.82%) Open Workbench
4 1 (0.82%) MS Project
4 1 (0.82%) MS Office
Business Applications
1 7 (5.74%) Summit
Database & Business Intelligence
1 7 (5.74%) Data Warehouse
2 6 (4.92%) Relational Database
3 2 (1.64%) MS Access
4 1 (0.82%) WebFOCUS
4 1 (0.82%) Oracle BI EE
4 1 (0.82%) SQL Server
4 1 (0.82%) Oracle Reports
Development Applications
1 6 (4.92%) JIRA
2 1 (0.82%) Toad
General
1 76 (62.30%) Finance
2 69 (56.56%) Banking
3 38 (31.15%) Investment Banking
4 11 (9.02%) Retail
5 8 (6.56%) Retail Banking
6 6 (4.92%) Financial Institution
6 6 (4.92%) Front Office
7 3 (2.46%) Legal
8 2 (1.64%) Advertising
8 2 (1.64%) Back Office
9 1 (0.82%) General Ledger
Job Titles
1 75 (61.48%) Analyst
2 70 (57.38%) Business Analyst
3 22 (18.03%) Project Manager
4 15 (12.30%) Senior Business Analyst
4 15 (12.30%) Senior Analyst
5 12 (9.84%) Banking Business Analyst
6 6 (4.92%) Test Manager
7 5 (4.10%) Solutions Architect
7 5 (4.10%) Architect
7 5 (4.10%) Investment Banking Business Analyst
8 4 (3.28%) Programme Manager
9 3 (2.46%) Senior Manager
9 3 (2.46%) Senior Project Manager
9 3 (2.46%) Financial Services Business Analyst
9 3 (2.46%) Test Leader
9 3 (2.46%) Financial Business Analyst
10 2 (1.64%) Business Project Manager
10 2 (1.64%) Business Manager
10 2 (1.64%) Test Coordinator
10 2 (1.64%) Change Manager
Libraries, Frameworks & Software Standards
1 1 (0.82%) XML
1 1 (0.82%) XML Schema
Miscellaneous
1 13 (10.66%) Reference Data
2 8 (6.56%) Derivative
3 7 (5.74%) Fixed Income
4 5 (4.10%) Equities
4 5 (4.10%) Management Information System
5 4 (3.28%) Analytical Skills
5 4 (3.28%) Foreign Exchange (FX)
6 2 (1.64%) Equity Derivative
6 2 (1.64%) Performance Metrics
7 1 (0.82%) Data Extraction
7 1 (0.82%) Data Integration
7 1 (0.82%) User Experience
7 1 (0.82%) Mathematics
7 1 (0.82%) Credit Risk
7 1 (0.82%) Mainframe
Operating Systems
1 9 (7.38%) UNIX
2 1 (0.82%) Windows
2 1 (0.82%) Linux
Processes & Methodologies
1 34 (27.87%) Business Analysis
2 27 (22.13%) Stakeholder Management
3 17 (13.93%) Project Management
4 12 (9.84%) Change Management
5 9 (7.38%) User Acceptance Testing
6 8 (6.56%) Data Modelling
6 8 (6.56%) Migration
6 8 (6.56%) Coaching
7 7 (5.74%) Mentoring
7 7 (5.74%) Process Management
7 7 (5.74%) Data Analysis
8 6 (4.92%) Asset Management
8 6 (4.92%) Requirements Analysis
8 6 (4.92%) Project Planning
8 6 (4.92%) GAP Analysis
8 6 (4.92%) Risk Management
8 6 (4.92%) Software Delivery
9 5 (4.10%) Workflow
9 5 (4.10%) Resource Management
9 5 (4.10%) Agile Software Development
Programming Languages
1 15 (12.30%) SQL
2 4 (3.28%) VBA
Qualifications
1 5 (4.10%) ACCA
1 5 (4.10%) CIMA
1 5 (4.10%) Degree
2 4 (3.28%) ISEB
3 3 (2.46%) ISTQB
4 2 (1.64%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 37 (30.33%) EMIR
2 24 (19.67%) Dodd-Frank
3 10 (8.20%) MiFID
4 5 (4.10%) QA
4 5 (4.10%) COREP
4 5 (4.10%) FINREP
4 5 (4.10%) Sarbanes-Oxley
5 2 (1.64%) AIFMD
5 2 (1.64%) UCITS
5 2 (1.64%) Basel III
5 2 (1.64%) Solvency II
6 1 (0.82%) ISO 9000
6 1 (0.82%) SLA
Systems Management
1 2 (1.64%) HP Quality Center
Vendors
1 7 (5.74%) IBM
1 7 (5.74%) Calypso
2 6 (4.92%) Pega
3 4 (3.28%) Microsoft
4 3 (2.46%) Oracle
5 2 (1.64%) Informatica
5 2 (1.64%) Charles River
Birmingham, West Midlands (County)
Hydrogen Group
Rate: £300.00 - £350.00 per annum
Posted: 3 days ago
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Rate: £500 - £550 per day
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Rate: £550 per day + competitive
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