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 2 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
2 Jul 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 539 549 503
Rank change year-on-year
+10 -46
Contract jobs citing FATCA 64 37 73
As % of all contract IT jobs located in the UK 0.12% 0.069% 0.15%
As % of the Quality Assurance & Compliance category 1.48% 0.87% 1.96%
Number of daily rates quoted 51 30 62
Average daily rate
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£450 £485 £494
Average daily rate % change year-on-year
-7.26% -1.72%
90% offered a daily rate of more than £340 £400 £330
10% offered a daily rate of more than £649 £650 £650
UK excluding London average daily rate £400 £425 £280
% change year-on-year
-5.88% +51.78%
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
4311 4257 3720
As % of all contract IT jobs located in the UK 7.83% 7.92% 7.52%
Number of daily rates quoted 2738 2630 2265
Average daily rate £418 £400 £425
Average daily rate % change year-on-year
+4.37% -5.88%
90% offered a daily rate of more than £250 £240 £275
10% offered a daily rate of more than £600 £568 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 162 187 134
Average hourly rate £21.15 £20.21 £19.00
Average hourly rate % change year-on-year
+4.65% +6.34%
90% offered a hourly rate of more than £12.50 £12.50 £9.71
10% offered a hourly rate of more than £51.17 £42.50 £42.70
UK excluding London average hourly rate £21.07 £20.21 £17.75
% change year-on-year
+4.29% +13.83%

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 2 July 2015.

FATCA Daily Rate Histogram in the UK

FATCA
Top 20 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 2 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 +1 53 £475 -2.11% 6
London +9 33 £600 +9.09% 5
North West - 12 £450 -
Scotland - 12 £368 - 2
Edinburgh - 9 £356 - 2
Cheshire - 7 £450 -
South West +2 6 £538 +7.44%
City of London -12 5 £600 +41.17% 1
Swindon -1 4 £594 +18.63%
Wiltshire -5 4 £594 +18.63%
Chester - 3 £342 -
Merseyside - 3 £450 -
Glasgow - 3 £375 -
Knutsford - 2 £450 -
Birmingham - 2 £346 -
Bootle - 2 £450 -
Bristol - 2 £351 -
West Midlands - 2 £346 -
Manchester - 1 £838 -
Liverpool - 1 - -

FATCA
Top 30 Related IT Skills

For the 6 months to 2 July 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 96 (61.94%) Banking
2 83 (53.55%) Finance
3 48 (30.97%) EMIR
4 46 (29.68%) Investment Banking
5 35 (22.58%) Business Analysis
6 32 (20.65%) Dodd-Frank
7 30 (19.35%) Stakeholder Management
8 23 (14.84%) Project Management
9 17 (10.97%) Retail
10 16 (10.32%) SQL
11 14 (9.03%) Change Management
11 14 (9.03%) Reference Data
12 13 (8.39%) Agile Software Development
13 11 (7.10%) MiFID
13 11 (7.10%) UNIX
13 11 (7.10%) Data Modelling
13 11 (7.10%) IBM
14 10 (6.45%) MS Visio
14 10 (6.45%) Calypso
14 10 (6.45%) GAP Analysis
14 10 (6.45%) JIRA
14 10 (6.45%) Summit
14 10 (6.45%) Data Analysis
15 9 (5.81%) User Acceptance Testing
16 8 (5.16%) Derivative
16 8 (5.16%) ISTQB
16 8 (5.16%) Requirements Analysis
16 8 (5.16%) Retail Banking
16 8 (5.16%) Financial Institution
16 8 (5.16%) Migration

FATCA
Top Related IT Skills by Category

For the 6 months to 2 July 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 (1.29%) SharePoint
2 1 (0.65%) Oracle Workflow
Applications
1 10 (6.45%) MS Visio
2 3 (1.94%) MS PowerPoint
3 1 (0.65%) MS Project
3 1 (0.65%) MS Office
3 1 (0.65%) MS Excel
Business Applications
1 10 (6.45%) Summit
Communications & Networking
1 1 (0.65%) Intranet
1 1 (0.65%) Internet
Database & Business Intelligence
1 6 (3.87%) Data Warehouse
1 6 (3.87%) Relational Database
2 2 (1.29%) Oracle Reports
3 1 (0.65%) SQL Server
Development Applications
1 10 (6.45%) JIRA
2 2 (1.29%) ERwin
3 1 (0.65%) Toad
General
1 96 (61.94%) Banking
2 83 (53.55%) Finance
3 46 (29.68%) Investment Banking
4 17 (10.97%) Retail
5 8 (5.16%) Financial Institution
5 8 (5.16%) Retail Banking
6 6 (3.87%) Front Office
7 4 (2.58%) Legal
8 2 (1.29%) Advertising
8 2 (1.29%) Back Office
9 1 (0.65%) Publishing
9 1 (0.65%) Private Banking
Job Titles
1 88 (56.77%) Analyst
2 85 (54.84%) Business Analyst
3 34 (21.94%) Project Manager
4 17 (10.97%) Banking Business Analyst
5 15 (9.68%) Senior Business Analyst
5 15 (9.68%) Senior Analyst
6 8 (5.16%) Architect
6 8 (5.16%) Test Leader
7 6 (3.87%) Solutions Architect
8 5 (3.23%) Senior Manager
8 5 (3.23%) Programme Manager
8 5 (3.23%) Test Manager
8 5 (3.23%) Investment Banking Business Analyst
8 5 (3.23%) Senior Project Manager
9 3 (1.94%) Data Analyst
9 3 (1.94%) Financial Business Analyst
9 3 (1.94%) Financial Services Business Analyst
9 3 (1.94%) Data Architect
9 3 (1.94%) Lead Project Manager
10 2 (1.29%) Business Manager
Miscellaneous
1 14 (9.03%) Reference Data
2 8 (5.16%) Derivative
3 7 (4.52%) Fixed Income
3 7 (4.52%) Equities
4 6 (3.87%) Foreign Exchange (FX)
5 5 (3.23%) Management Information System
6 4 (2.58%) Data Integration
7 2 (1.29%) Analytical Skills
7 2 (1.29%) Performance Metrics
8 1 (0.65%) User Experience
8 1 (0.65%) Credit Risk
8 1 (0.65%) Mainframe
Operating Systems
1 11 (7.10%) UNIX
Processes & Methodologies
1 35 (22.58%) Business Analysis
2 30 (19.35%) Stakeholder Management
3 23 (14.84%) Project Management
4 14 (9.03%) Change Management
5 13 (8.39%) Agile Software Development
6 11 (7.10%) Data Modelling
7 10 (6.45%) GAP Analysis
7 10 (6.45%) Data Analysis
8 9 (5.81%) User Acceptance Testing
9 8 (5.16%) Requirements Analysis
9 8 (5.16%) Migration
10 7 (4.52%) Asset Management
11 6 (3.87%) Data Management
11 6 (3.87%) Project Planning
11 6 (3.87%) Risk Management
11 6 (3.87%) Data Cleansing
12 5 (3.23%) Software Delivery
12 5 (3.23%) Change Control
13 4 (2.58%) Target Operating Model
13 4 (2.58%) Coaching
Programming Languages
1 16 (10.32%) SQL
2 4 (2.58%) VBA
Qualifications
1 8 (5.16%) ACCA
1 8 (5.16%) CIMA
1 8 (5.16%) ISTQB
1 8 (5.16%) ISTQB Foundation Certification
2 5 (3.23%) Degree
3 3 (1.94%) ISEB
4 1 (0.65%) CCA
4 1 (0.65%) PRINCE2 Certification
Quality Assurance & Compliance
1 48 (30.97%) EMIR
2 32 (20.65%) Dodd-Frank
3 11 (7.10%) MiFID
4 8 (5.16%) Sarbanes-Oxley
4 8 (5.16%) COREP
4 8 (5.16%) FINREP
5 5 (3.23%) QA
6 2 (1.29%) Basel III
6 2 (1.29%) AIFMD
7 1 (0.65%) UCITS
7 1 (0.65%) SLA
Systems Management
1 2 (1.29%) HP Quality Center
Vendors
1 11 (7.10%) IBM
2 10 (6.45%) Calypso
3 4 (2.58%) Oracle
4 3 (1.94%) Pega
5 2 (1.29%) Charles River
6 1 (0.65%) Avaloq
6 1 (0.65%) Informatica
6 1 (0.65%) Microsoft