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 21 January 2017 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
21 Jan 2017
Same period 2016 Same period 2015
Foreign Account Tax Compliance Act (FATCA)
UK
Rank 541 561 551
Rank change year-on-year
+20 -10
Contract jobs citing FATCA 41 66 56
As % of all contract IT jobs located in the UK 0.093% 0.13% 0.11%
As % of the Quality Assurance & Compliance category 0.96% 1.27% 1.18%
Number of daily rates quoted 28 43 40
Median daily rate £550 £413 £528
Median daily rate % change year-on-year
+33.33% -21.83%
90% offered a daily rate of more than £434 £327 £385
10% offered a daily rate of more than £600 £650 £655
UK excluding London median daily rate £360 £400 £500
% change year-on-year
-10.00% -20.00%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
4285 5191 4752
As % of all contract IT jobs located in the UK 9.73% 10.22% 9.35%
Number of daily rates quoted 2785 3191 2925
Median daily rate £450 £425 £400
Median daily rate % change year-on-year
+5.88% +6.25%
90% offered a daily rate of more than £275 £265 £220
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 138 202 183
Median hourly rate £25.00 £42.00 £22.00
Median hourly rate % change year-on-year
-40.47% +90.90%
90% offered a hourly rate of more than £11.00 £14.00 £11.00
10% offered a hourly rate of more than £48.95 £60.98 £47.50
UK excluding London median hourly rate £22.75 £42.00 £24.00
% change year-on-year
-45.83% +75.00%

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 21 January 2017.

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 9 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 21 January 2017. 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 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 +1 39 £563 +32.35% 2
London -5 38 £563 +32.35% 1
City of London -5 3 £638 +15.90% 1
Scotland +23 1 £170 -57.50%
Glasgow +4 1 £170 -50.00%
Canary Wharf -1 1 £440 -2.22%
Leeds - 1 - -
Yorkshire - 1 - -
West Yorkshire - 1 - -

FATCA
Top 30 Related IT Skills

For the 6 months to 21 January 2017, 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 63 (61.76%) Finance
1 63 (61.76%) Banking
2 38 (37.25%) Agile Software Development
3 35 (34.31%) Scrum
4 33 (32.35%) Business Analysis
5 31 (30.39%) Degree
6 30 (29.41%) Java
7 28 (27.45%) KYC
8 27 (26.47%) Jenkins
9 26 (25.49%) Linux
10 25 (24.51%) JMS
10 25 (24.51%) SOAP
10 25 (24.51%) Web Services
10 25 (24.51%) Unix
10 25 (24.51%) Shell Script
10 25 (24.51%) Stakeholder Management
10 25 (24.51%) Refactoring
10 25 (24.51%) Korn
10 25 (24.51%) Spring
10 25 (24.51%) REST
10 25 (24.51%) TeamCity
10 25 (24.51%) Git (software)
10 25 (24.51%) Solace
11 24 (23.53%) BDD
11 24 (23.53%) Maven
11 24 (23.53%) JIRA
11 24 (23.53%) TDD
12 23 (22.55%) Investment Banking
12 23 (22.55%) SQL
12 23 (22.55%) 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 6 (5.88%) WebSphere
2 3 (2.94%) Apache Spark
Applications
1 3 (2.94%) MS Visio
2 2 (1.96%) MS PowerPoint
2 2 (1.96%) MS Project
3 1 (0.98%) MS Excel
Communications & Networking
1 1 (0.98%) HTTP
1 1 (0.98%) Internet
Database & Business Intelligence
1 13 (12.75%) Big Data
2 9 (8.82%) MongoDB
3 4 (3.92%) Relational Database
4 3 (2.94%) Flink
4 3 (2.94%) Hadoop
4 3 (2.94%) NoSQL
4 3 (2.94%) RDBMS
5 2 (1.96%) Redis
5 2 (1.96%) SQL Server Integration Services
Development Applications
1 27 (26.47%) Jenkins
2 25 (24.51%) Git (software)
2 25 (24.51%) TeamCity
3 24 (23.53%) JIRA
3 24 (23.53%) Maven
4 20 (19.61%) JUnit
4 20 (19.61%) Mockito
4 20 (19.61%) Spock
5 12 (11.76%) Gradle
6 2 (1.96%) Selenium
6 2 (1.96%) Sonatype Nexus
General
1 63 (61.76%) Banking
1 63 (61.76%) Finance
2 23 (22.55%) Investment Banking
3 9 (8.82%) Legal
4 7 (6.86%) Retail
5 6 (5.88%) Back Office
6 4 (3.92%) Financial Institution
7 3 (2.94%) Private Banking
8 2 (1.96%) Front Office
8 2 (1.96%) Retail Banking
9 1 (0.98%) Marketing
Job Titles
1 30 (29.41%) Business Analyst
2 27 (26.47%) Analyst
3 25 (24.51%) Developer
4 22 (21.57%) Java Developer
5 19 (18.63%) Architect
6 15 (14.71%) Project Manager
7 14 (13.73%) Data Architect
8 13 (12.75%) Senior Developer
9 11 (10.78%) Regulatory Business Analyst
9 11 (10.78%) Senior Java Developer
10 8 (7.84%) Senior Business Analyst
10 8 (7.84%) UI Developer
11 7 (6.86%) Data Business Analyst
12 5 (4.90%) Consultant
12 5 (4.90%) Product Consultant
12 5 (4.90%) Senior Analyst
12 5 (4.90%) Technical Leader
12 5 (4.90%) UX Developer
13 4 (3.92%) Banking Analyst
13 4 (3.92%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 25 (24.51%) JMS
1 25 (24.51%) REST
1 25 (24.51%) SOAP
1 25 (24.51%) Spring
1 25 (24.51%) Web Services
2 23 (22.55%) jQuery
2 23 (22.55%) Node.js
3 21 (20.59%) AngularJS
4 20 (19.61%) Gherkin
4 20 (19.61%) Hibernate
4 20 (19.61%) HTML
4 20 (19.61%) JDBC
5 19 (18.63%) CSS
5 19 (18.63%) CSS3
5 19 (18.63%) HTML5
6 18 (17.65%) JSON
6 18 (17.65%) XML
6 18 (17.65%) XSD
6 18 (17.65%) XSLT
7 13 (12.75%) JSP
Miscellaneous
1 22 (21.57%) Reference Data
2 15 (14.71%) User Experience
3 11 (10.78%) Foreign Exchange (FX)
4 8 (7.84%) Analytical Skills
5 5 (4.90%) Fintech
6 4 (3.92%) Derivative
6 4 (3.92%) Fixed Income
7 3 (2.94%) Data Integration
7 3 (2.94%) Equities
8 1 (0.98%) Credit Risk
8 1 (0.98%) Management Information System
8 1 (0.98%) Market Risk
8 1 (0.98%) Minimum Viable Product
8 1 (0.98%) SWIFT
Operating Systems
1 26 (25.49%) Linux
2 25 (24.51%) Unix
3 1 (0.98%) Red Hat Enterprise Linux
Processes & Methodologies
1 38 (37.25%) Agile Software Development
2 35 (34.31%) Scrum
3 33 (32.35%) Business Analysis
4 28 (27.45%) KYC
5 25 (24.51%) Refactoring
5 25 (24.51%) Stakeholder Management
6 24 (23.53%) BDD
6 24 (23.53%) TDD
7 19 (18.63%) Project Management
8 17 (16.67%) Data Modelling
9 13 (12.75%) Anti-Money Laundering
9 13 (12.75%) MVC
10 12 (11.76%) Analytics
10 12 (11.76%) Change Management
10 12 (11.76%) Target Operating Model
11 11 (10.78%) Data Architecture
11 11 (10.78%) Data Governance
12 10 (9.80%) SDLC
13 9 (8.82%) Data Management
14 8 (7.84%) Matrix Organization
Programming Languages
1 30 (29.41%) Java
2 25 (24.51%) Korn
2 25 (24.51%) Shell Script
3 23 (22.55%) SQL
4 21 (20.59%) JavaScript
5 18 (17.65%) XPath
6 6 (5.88%) PL/SQL
7 2 (1.96%) ECMAScript
7 2 (1.96%) ES6
8 1 (0.98%) Bash Shell
8 1 (0.98%) C
8 1 (0.98%) Python
8 1 (0.98%) Ruby
Qualifications
1 31 (30.39%) Degree
2 1 (0.98%) ISEB
2 1 (0.98%) MBA
Quality Assurance & Compliance
1 22 (21.57%) MiFID
2 20 (19.61%) EMIR
3 18 (17.65%) Dodd-Frank
4 4 (3.92%) AIFMD
5 3 (2.94%) UCITS
6 1 (0.98%) Basel II
6 1 (0.98%) QA
6 1 (0.98%) SEPA
System Software
1 2 (1.96%) Docker
Systems Management
1 1 (0.98%) Ansible
1 1 (0.98%) Puppet
Vendors
1 25 (24.51%) Solace
2 12 (11.76%) MuleSoft
3 6 (5.88%) Oracle
4 2 (1.96%) Black Duck
5 1 (0.98%) Microsoft
5 1 (0.98%) Red Hat
City, London
JM
Rate: £300 - £325 per day
Posted: 4 days ago