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 31 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
31 Jul 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 571 581 497
Rank change year-on-year
+10 -84
Contract jobs citing FATCA 49 30 82
As % of all contract IT jobs located in the UK 0.086% 0.055% 0.16%
As % of the Quality Assurance & Compliance category 1.08% 0.70% 2.13%
Number of daily rates quoted 38 26 69
Average daily rate
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£450 £550 £525
Average daily rate % change year-on-year
-18.18% +4.76%
90% offered a daily rate of more than £342 £425 £392
10% offered a daily rate of more than £640 £650 £675
UK excluding London average daily rate £425 £513 £280
% change year-on-year
-17.15% +83.21%
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
4536 4306 3858
As % of all contract IT jobs located in the UK 7.98% 7.88% 7.55%
Number of daily rates quoted 2903 2609 2300
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 £230 £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 174 197 146
Average hourly rate £21.54 £20.00 £18.00
Average hourly rate % change year-on-year
+7.68% +11.11%
90% offered a hourly rate of more than £12.25 £12.50 £10.00
10% offered a hourly rate of more than £51.17 £42.50 £40.00
UK excluding London average hourly rate £21.55 £20.50 £17.50
% change year-on-year
+5.12% +17.14%

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 31 July 2015.

FATCA Daily Rate Histogram 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 31 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 -11 44 £450 -18.18% 10
London +5 29 £505 -8.18% 9
North West - 8 £450 -
Scotland - 6 £388 - 1
Cheshire - 5 £450 -
Edinburgh - 4 £380 - 1
South West -11 3 £638 +18.54%
City of London -13 3 £379 -31.91% 1
West Midlands - 3 £350 -
Birmingham - 3 £350 -
Wiltshire -4 2 £638 +18.54%
Swindon -8 2 £638 +18.54%
Knutsford - 2 £450 -
Glasgow - 2 £422 -
South East - 1 £510 - 1
Berkshire - 1 £510 -
Bristol - 1 £356 -
Manchester - 1 £838 -
Merseyside - 1 £425 -
Reading - 1 £510 -
Chester - 1 £356 -

FATCA
Top 30 Related IT Skills

For the 6 months to 31 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 80 (59.26%) Banking
2 75 (55.56%) Finance
3 47 (34.81%) Investment Banking
4 45 (33.33%) EMIR
5 35 (25.93%) Business Analysis
6 30 (22.22%) Dodd-Frank
7 29 (21.48%) Stakeholder Management
8 19 (14.07%) Project Management
9 18 (13.33%) SQL
10 14 (10.37%) Reference Data
11 11 (8.15%) MiFID
11 11 (8.15%) Retail
11 11 (8.15%) Change Management
11 11 (8.15%) MS Visio
12 10 (7.41%) UNIX
13 9 (6.67%) Data Modelling
13 9 (6.67%) Calypso
13 9 (6.67%) Fixed Income
13 9 (6.67%) Summit
13 9 (6.67%) Data Analysis
13 9 (6.67%) JIRA
13 9 (6.67%) Derivative
13 9 (6.67%) User Acceptance Testing
14 8 (5.93%) GAP Analysis
14 8 (5.93%) IBM
15 7 (5.19%) Financial Institution
15 7 (5.19%) Front Office
15 7 (5.19%) Migration
15 7 (5.19%) Equities
15 7 (5.19%) Retail Banking

FATCA
Top Related IT Skills by Category

For the 6 months to 31 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 (1.48%) SharePoint
2 1 (0.74%) Oracle Workflow
Applications
1 11 (8.15%) MS Visio
2 3 (2.22%) MS PowerPoint
3 2 (1.48%) MS Excel
4 1 (0.74%) Open Workbench
4 1 (0.74%) MS Project
4 1 (0.74%) MS Office
Business Applications
1 9 (6.67%) Summit
Database & Business Intelligence
1 6 (4.44%) Relational Database
2 4 (2.96%) Data Warehouse
3 2 (1.48%) SQL Server
3 2 (1.48%) Oracle Reports
3 2 (1.48%) MS Access
Development Applications
1 9 (6.67%) JIRA
2 1 (0.74%) Toad
General
1 80 (59.26%) Banking
2 75 (55.56%) Finance
3 47 (34.81%) Investment Banking
4 11 (8.15%) Retail
5 7 (5.19%) Retail Banking
5 7 (5.19%) Financial Institution
5 7 (5.19%) Front Office
6 4 (2.96%) Legal
7 2 (1.48%) Advertising
7 2 (1.48%) Back Office
Job Titles
1 80 (59.26%) Analyst
2 76 (56.30%) Business Analyst
3 26 (19.26%) Project Manager
4 14 (10.37%) Senior Business Analyst
4 14 (10.37%) Senior Analyst
4 14 (10.37%) Banking Business Analyst
5 7 (5.19%) Investment Banking Business Analyst
6 6 (4.44%) Solutions Architect
6 6 (4.44%) Architect
7 5 (3.70%) Test Manager
7 5 (3.70%) Programme Manager
8 4 (2.96%) Senior Manager
8 4 (2.96%) Senior Project Manager
9 3 (2.22%) Data Analyst
9 3 (2.22%) Financial Business Analyst
9 3 (2.22%) Financial Services Business Analyst
9 3 (2.22%) Test Leader
10 2 (1.48%) Business Manager
10 2 (1.48%) IT Business Analyst
10 2 (1.48%) Lead Project Manager
Libraries, Frameworks & Software Standards
1 1 (0.74%) XML
1 1 (0.74%) XML Schema
Miscellaneous
1 14 (10.37%) Reference Data
2 9 (6.67%) Fixed Income
2 9 (6.67%) Derivative
3 7 (5.19%) Equities
4 6 (4.44%) Management Information System
5 5 (3.70%) Foreign Exchange (FX)
6 2 (1.48%) Equity Derivative
6 2 (1.48%) Data Integration
6 2 (1.48%) Analytical Skills
6 2 (1.48%) Performance Metrics
7 1 (0.74%) User Experience
7 1 (0.74%) Mathematics
7 1 (0.74%) Credit Risk
7 1 (0.74%) Mainframe
Operating Systems
1 10 (7.41%) UNIX
2 1 (0.74%) Windows
2 1 (0.74%) Linux
Processes & Methodologies
1 35 (25.93%) Business Analysis
2 29 (21.48%) Stakeholder Management
3 19 (14.07%) Project Management
4 11 (8.15%) Change Management
5 9 (6.67%) Data Modelling
5 9 (6.67%) Data Analysis
5 9 (6.67%) User Acceptance Testing
6 8 (5.93%) GAP Analysis
7 7 (5.19%) Migration
8 6 (4.44%) Risk Management
8 6 (4.44%) Process Management
8 6 (4.44%) Requirements Analysis
8 6 (4.44%) Project Planning
8 6 (4.44%) Agile Software Development
8 6 (4.44%) Coaching
9 5 (3.70%) Software Delivery
9 5 (3.70%) Mentoring
9 5 (3.70%) Data Cleansing
9 5 (3.70%) Workflow
10 4 (2.96%) Asset Management
Programming Languages
1 18 (13.33%) SQL
2 4 (2.96%) VBA
Qualifications
1 6 (4.44%) ACCA
1 6 (4.44%) CIMA
2 5 (3.70%) Degree
3 4 (2.96%) ISTQB
3 4 (2.96%) ISEB
4 3 (2.22%) ISTQB Foundation Certification
Quality Assurance & Compliance
1 45 (33.33%) EMIR
2 30 (22.22%) Dodd-Frank
3 11 (8.15%) MiFID
4 6 (4.44%) COREP
4 6 (4.44%) FINREP
4 6 (4.44%) Sarbanes-Oxley
5 5 (3.70%) QA
6 3 (2.22%) AIFMD
7 2 (1.48%) Basel III
8 1 (0.74%) Solvency II
8 1 (0.74%) UCITS
8 1 (0.74%) SLA
Systems Management
1 2 (1.48%) HP Quality Center
Vendors
1 9 (6.67%) Calypso
2 8 (5.93%) IBM
3 5 (3.70%) Pega
4 4 (2.96%) Oracle
5 3 (2.22%) Microsoft
6 2 (1.48%) Charles River
7 1 (0.74%) Informatica
Surrey
iKonnect
Rate: £600 - £650 per day + extensions
Posted: 2 days ago
London
Nicoll Curtin
Rate: £450 - £550 per day
Posted: 3 days ago
London
Orgtel
Rate: £450 - £500 per day
Posted: 12 days ago
City of London
Hays IT - Uk Posting account
Rate: £500.00 - £530.00 per day
Posted: 19 days ago