The table below looks at the statistics for FATCA skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited FATCA over the 3 months to 27 September 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
27 Sep 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 617 619 607
Rank change year-on-year
+2 -12
Contract jobs citing FATCA 40 42 35
As % of all contract IT jobs located in the UK 0.075% 0.073% 0.061%
As % of the Quality Assurance & Compliance category 0.78% 0.76% 0.65%
Number of daily rates quoted 27 27 26
Median daily rate £550 £465 £550
Median daily rate % change year-on-year
+18.27% -15.45%
90% offered a daily rate of more than £320 £336 £488
10% offered a daily rate of more than £645 £600 £700
UK excluding London median daily rate £513 £390 £550
% change year-on-year
+31.41% -29.09%
Number of hourly rates quoted 0 1 0
Median hourly rate - £17.00 -
UK excluding London median 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
5132 5529 5359
As % of all contract IT jobs located in the UK 9.59% 9.66% 9.37%
Number of daily rates quoted 3303 3381 3343
Median daily rate £425 £425 £415
Median daily rate % change year-on-year
- +2.40%
90% offered a daily rate of more than £250 £275 £226
10% offered a daily rate of more than £600 £587 £575
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 198 236 238
Median hourly rate £25.50 £25.12 £20.00
Median hourly rate % change year-on-year
+1.51% +25.60%
90% offered a hourly rate of more than £10.00 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £55.00 £47.10
UK excluding London median hourly rate £30.00 £30.00 £20.00
% change year-on-year
- +50.00%

FATCA
Jobs Demand Trend

The demand trend of contract jobs citing FATCA as a proportion of all IT contracts with a match in 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 27 September 2016.

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 12 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the UK over the 3 months to 27 September 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 +29 38 £550 +10.00% 4
London +1 36 £550 - 4
City of London +9 3 £401 +5.94% 2
Canary Wharf - 2 £338 -
South East +17 1 - -
Edinburgh +12 1 - - 1
Yorkshire +9 1 £400 +34.68%
Scotland +6 1 - - 3
Milton Keynes - 1 - -
Sheffield - 1 £400 -
South Yorkshire - 1 £400 -
Buckinghamshire - 1 - -

FATCA
Top 30 Related IT Skills

For the 6 months to 27 September 2016, IT contractor jobs citing FATCA 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 FATCA.

1 57 (68.67%) Finance
2 43 (51.81%) Banking
3 33 (39.76%) Agile Software Development
4 28 (33.73%) MiFID
5 26 (31.33%) Degree
6 24 (28.92%) Stakeholder Management
7 19 (22.89%) Scrum
8 17 (20.48%) Project Management
9 15 (18.07%) SQL
10 14 (16.87%) Java
10 14 (16.87%) EMIR
10 14 (16.87%) Target Operating Model
11 13 (15.66%) Spring Integration
11 13 (15.66%) jQuery
11 13 (15.66%) MVC
11 13 (15.66%) Spring
11 13 (15.66%) Business Analysis
11 13 (15.66%) JIRA
11 13 (15.66%) Spring MVC
12 12 (14.46%) Unix
12 12 (14.46%) Swing
12 12 (14.46%) Jenkins
12 12 (14.46%) Dodd-Frank
13 11 (13.25%) Regulatory Compliance
13 11 (13.25%) Maven
14 10 (12.05%) Refactoring
14 10 (12.05%) JavaScript
14 10 (12.05%) AngularJS
14 10 (12.05%) BDD
14 10 (12.05%) Node.js

FATCA
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 5 (6.02%) WebSphere
2 1 (1.20%) Apache Spark
2 1 (1.20%) SharePoint
Applications
1 6 (7.23%) MS PowerPoint
2 4 (4.82%) MS Excel
2 4 (4.82%) MS Project
3 3 (3.61%) MS Visio
4 2 (2.41%) MS Office
Business Applications
1 4 (4.82%) Summit
Database & Business Intelligence
1 5 (6.02%) Big Data
2 4 (4.82%) Relational Database
3 1 (1.20%) Data Warehouse
3 1 (1.20%) Flink
3 1 (1.20%) Hadoop
3 1 (1.20%) NoSQL
3 1 (1.20%) RDBMS
Development Applications
1 13 (15.66%) JIRA
2 12 (14.46%) Jenkins
3 11 (13.25%) Maven
4 9 (10.84%) TeamCity
5 8 (9.64%) Git (software)
6 5 (6.02%) JUnit
6 5 (6.02%) Mockito
6 5 (6.02%) Spock
7 3 (3.61%) Selenium
7 3 (3.61%) Sonatype Nexus
General
1 57 (68.67%) Finance
2 43 (51.81%) Banking
3 8 (9.64%) Investment Banking
4 7 (8.43%) Retail
5 6 (7.23%) Legal
6 4 (4.82%) Billing
6 4 (4.82%) Financial Institution
7 3 (3.61%) Front Office
8 2 (2.41%) Marketing
8 2 (2.41%) Retail Banking
9 1 (1.20%) Back Office
9 1 (1.20%) Private Banking
Job Titles
1 33 (39.76%) Analyst
2 31 (37.35%) Business Analyst
3 24 (28.92%) Project Manager
4 10 (12.05%) Developer
5 8 (9.64%) Banking Analyst
5 8 (9.64%) Java Developer
5 8 (9.64%) Senior Developer
6 7 (8.43%) Regulatory Business Analyst
6 7 (8.43%) Senior Java Developer
7 6 (7.23%) Banking Business Analyst
7 6 (7.23%) Business IT Analyst
7 6 (7.23%) Financial Analyst
7 6 (7.23%) IT Analyst
7 6 (7.23%) IT Business Analyst
7 6 (7.23%) Service Analyst
8 5 (6.02%) Financial Services Business Analyst
8 5 (6.02%) IT Manager
8 5 (6.02%) IT Project Manager
8 5 (6.02%) Report Analyst
8 5 (6.02%) Senior Manager
Libraries, Frameworks & Software Standards
1 13 (15.66%) jQuery
1 13 (15.66%) Spring
1 13 (15.66%) Spring Integration
1 13 (15.66%) Spring MVC
2 12 (14.46%) Swing
3 10 (12.05%) AngularJS
3 10 (12.05%) Node.js
4 9 (10.84%) CSS
4 9 (10.84%) CSS3
4 9 (10.84%) HTML
4 9 (10.84%) HTML5
5 8 (9.64%) Java RMI
5 8 (9.64%) JMS
5 8 (9.64%) JSP
5 8 (9.64%) Servlets
5 8 (9.64%) SOAP
5 8 (9.64%) Web Services
5 8 (9.64%) XML
5 8 (9.64%) XSD
5 8 (9.64%) XSLT
Miscellaneous
1 7 (8.43%) Analytical Skills
1 7 (8.43%) User Experience
2 4 (4.82%) Minimum Viable Product
2 4 (4.82%) Reference Data
3 3 (3.61%) Foreign Exchange (FX)
4 2 (2.41%) Equities
4 2 (2.41%) Fixed Income
4 2 (2.41%) Market Risk
5 1 (1.20%) Data Integration
5 1 (1.20%) Management Information System
Operating Systems
1 12 (14.46%) Unix
2 8 (9.64%) Linux
Processes & Methodologies
1 33 (39.76%) Agile Software Development
2 24 (28.92%) Stakeholder Management
3 19 (22.89%) Scrum
4 17 (20.48%) Project Management
5 14 (16.87%) Target Operating Model
6 13 (15.66%) Business Analysis
6 13 (15.66%) MVC
7 11 (13.25%) Regulatory Compliance
8 10 (12.05%) BDD
8 10 (12.05%) Refactoring
8 10 (12.05%) Stakeholder Engagement
9 9 (10.84%) Anti-Money Laundering
9 9 (10.84%) KYC
10 8 (9.64%) Asset Management
10 8 (9.64%) Change Management
10 8 (9.64%) Data Protection
10 8 (9.64%) TDD
11 7 (8.43%) Business Intelligence
11 7 (8.43%) Investment Management
12 6 (7.23%) PRINCE2
Programming Languages
1 15 (18.07%) SQL
2 14 (16.87%) Java
3 10 (12.05%) JavaScript
4 8 (9.64%) Korn
4 8 (9.64%) Shell Script
4 8 (9.64%) XPath
5 5 (6.02%) PL/SQL
Qualifications
1 26 (31.33%) Degree
2 2 (2.41%) PRINCE2 Certification
3 1 (1.20%) ISEB
3 1 (1.20%) MBA
Quality Assurance & Compliance
1 28 (33.73%) MiFID
2 14 (16.87%) EMIR
3 12 (14.46%) Dodd-Frank
4 8 (9.64%) UCITS
5 5 (6.02%) QA
6 3 (3.61%) AIFMD
Systems Management
1 2 (2.41%) HP Quality Center
Vendors
1 8 (9.64%) Solace
2 5 (6.02%) Oracle
3 4 (4.82%) Calypso
3 4 (4.82%) IBM
4 3 (3.61%) Black Duck
4 3 (3.61%) Microsoft
4 3 (3.61%) MuleSoft
5 1 (1.20%) Avaloq
5 1 (1.20%) Charles River
5 1 (1.20%) FNZ
London
Spiers Consulting Ltd
Rate: £400 - £425 per day
Posted: 19 hours ago
Glasgow, Lanarkshire
Experis Ltd
Rate: £450.00 per day
Posted: 3 days ago
Glasgow, Lanarkshire
FDM Group
Rate: Negotiable
Posted: 5 days ago
London
Reed Technology
Rate: £500 - £650 per day
Posted: 6 days ago