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 June 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 Jun 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 512 529 505
Rank change year-on-year
+17 -24
Contract jobs citing FATCA 82 48 54
As % of all contract IT jobs located in the UK 0.15% 0.092% 0.12%
As % of the Quality Assurance & Compliance category 1.94% 1.15% 1.52%
Number of daily rates quoted 66 36 48
Average daily rate
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£468 £475 £450
Average daily rate % change year-on-year
-1.52% +5.61%
90% offered a daily rate of more than £341 £400 £287
10% offered a daily rate of more than £650 £625 £600
UK excluding London average daily rate £400 £400 £280
% change year-on-year
- +42.85%
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
4230 4176 3544
As % of all contract IT jobs located in the UK 7.89% 7.98% 7.72%
Number of daily rates quoted 2650 2555 2157
Average daily rate £413 £400 £425
Average daily rate % change year-on-year
+3.12% -5.88%
90% offered a daily rate of more than £260 £240 £250
10% offered a daily rate of more than £600 £579 £600
UK excluding London average daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 149 198 108
Average hourly rate £21.00 £21.00 £20.00
Average hourly rate % change year-on-year
- +5.00%
90% offered a hourly rate of more than £11.94 £11.00 £11.45
10% offered a hourly rate of more than £45.00 £45.00 £61.25
UK excluding London average hourly rate £21.55 £21.00 £18.75
% change year-on-year
+2.61% +12.00%

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 June 2015.

FATCA Daily Rate Histogram in the UK

FATCA
Top 23 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 June 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 +10 68 £550 +9.89% 15
London +14 45 £600 +9.09% 14
Scotland +3 15 £375 -6.25%
North West - 12 £450 -
Edinburgh +11 11 £356 -
City of London +1 8 £600 +41.17%
Cheshire - 7 £450 -
South West 0 6 £538 +7.44%
Swindon +5 4 £563 +12.38%
Wiltshire +3 4 £563 +12.38%
Birmingham - 4 £346 -
West Midlands - 4 £346 -
Glasgow -6 3 £375 -6.25%
Merseyside - 3 £450 -
Chester - 3 £342 -
Bootle - 2 £450 -
Bristol - 2 £351 -
Knutsford - 2 £450 -
West Yorkshire -19 1 £475 +18.75%
Yorkshire -22 1 £475 +18.75%
Liverpool - 1 - -
Manchester - 1 £838 -
Halifax - 1 £475 -

FATCA
Top 30 Related IT Skills

For the 6 months to 2 June 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.

1 101 (61.96%) Banking
2 83 (50.92%) Finance
3 48 (29.45%) Investment Banking
4 47 (28.83%) EMIR
5 35 (21.47%) Business Analysis
6 34 (20.86%) Dodd-Frank
7 30 (18.40%) Stakeholder Management
8 25 (15.34%) Project Management
9 18 (11.04%) Retail
10 15 (9.20%) Agile Software Development
10 15 (9.20%) Change Management
11 14 (8.59%) SQL
11 14 (8.59%) Reference Data
12 13 (7.98%) Data Analysis
13 12 (7.36%) GAP Analysis
14 11 (6.75%) Equities
15 10 (6.13%) User Acceptance Testing
15 10 (6.13%) MS Visio
15 10 (6.13%) Data Modelling
15 10 (6.13%) IBM
16 9 (5.52%) Sarbanes-Oxley
16 9 (5.52%) UNIX
16 9 (5.52%) ACCA
16 9 (5.52%) MiFID
16 9 (5.52%) JIRA
16 9 (5.52%) Retail Banking
16 9 (5.52%) CIMA
16 9 (5.52%) COREP
16 9 (5.52%) FINREP
17 8 (4.91%) ISTQB Foundation Certification

FATCA
Top Related IT Skills by Category

For the 6 months to 2 June 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 (1.23%) SharePoint
2 1 (0.61%) Oracle Workflow
Applications
1 10 (6.13%) MS Visio
2 3 (1.84%) MS PowerPoint
3 1 (0.61%) MS Project
3 1 (0.61%) MS Office
3 1 (0.61%) MS Excel
Business Applications
1 8 (4.91%) Summit
Communications & Networking
1 1 (0.61%) Intranet
1 1 (0.61%) Internet
Database & Business Intelligence
1 6 (3.68%) Relational Database
2 5 (3.07%) Data Warehouse
3 2 (1.23%) Oracle Reports
3 2 (1.23%) SQL Server
4 1 (0.61%) SQL Server Integration Services
4 1 (0.61%) SQL Server Analysis Services
4 1 (0.61%) SQL Server Reporting Services
Development Applications
1 9 (5.52%) JIRA
2 2 (1.23%) ERwin
3 1 (0.61%) Toad
General
1 101 (61.96%) Banking
2 83 (50.92%) Finance
3 48 (29.45%) Investment Banking
4 18 (11.04%) Retail
5 9 (5.52%) Retail Banking
6 6 (3.68%) Front Office
6 6 (3.68%) Financial Institution
7 3 (1.84%) Legal
8 2 (1.23%) Back Office
9 1 (0.61%) Advertising
9 1 (0.61%) Publishing
9 1 (0.61%) Private Banking
Job Titles
1 95 (58.28%) Analyst
2 87 (53.37%) Business Analyst
3 32 (19.63%) Project Manager
4 17 (10.43%) Banking Business Analyst
5 13 (7.98%) Senior Business Analyst
5 13 (7.98%) Senior Analyst
6 8 (4.91%) Test Leader
6 8 (4.91%) Architect
7 7 (4.29%) Programme Manager
8 6 (3.68%) Investment Banking Business Analyst
8 6 (3.68%) Solutions Architect
9 5 (3.07%) Test Manager
10 4 (2.45%) Senior Project Manager
10 4 (2.45%) Senior Manager
11 3 (1.84%) Lead Project Manager
11 3 (1.84%) Test Analyst
11 3 (1.84%) Data Architect
11 3 (1.84%) Financial Services Business Analyst
11 3 (1.84%) Financial Business Analyst
11 3 (1.84%) Data Analyst
Miscellaneous
1 14 (8.59%) Reference Data
2 11 (6.75%) Equities
3 7 (4.29%) Derivative
3 7 (4.29%) Fixed Income
4 6 (3.68%) Management Information System
5 5 (3.07%) Foreign Exchange (FX)
6 4 (2.45%) Analytical Skills
6 4 (2.45%) Data Integration
7 2 (1.23%) Credit Risk
7 2 (1.23%) Performance Metrics
8 1 (0.61%) Mobile Banking
8 1 (0.61%) User Experience
8 1 (0.61%) Mainframe
Operating Systems
1 9 (5.52%) UNIX
2 1 (0.61%) Windows
Processes & Methodologies
1 35 (21.47%) Business Analysis
2 30 (18.40%) Stakeholder Management
3 25 (15.34%) Project Management
4 15 (9.20%) Agile Software Development
4 15 (9.20%) Change Management
5 13 (7.98%) Data Analysis
6 12 (7.36%) GAP Analysis
7 10 (6.13%) User Acceptance Testing
7 10 (6.13%) Data Modelling
8 8 (4.91%) Migration
8 8 (4.91%) Requirements Analysis
9 7 (4.29%) Asset Management
10 6 (3.68%) Data Management
10 6 (3.68%) Project Planning
10 6 (3.68%) Risk Management
10 6 (3.68%) Stakeholder Engagement
10 6 (3.68%) Data Cleansing
11 5 (3.07%) Change Control
11 5 (3.07%) Software Delivery
11 5 (3.07%) Programme Management
Programming Languages
1 14 (8.59%) SQL
2 3 (1.84%) VBA
3 1 (0.61%) C
Qualifications
1 9 (5.52%) ACCA
1 9 (5.52%) CIMA
2 8 (4.91%) ISTQB Foundation Certification
2 8 (4.91%) ISTQB
3 4 (2.45%) Degree
3 4 (2.45%) ISEB
4 2 (1.23%) PRINCE2 Certification
5 1 (0.61%) CCA
Quality Assurance & Compliance
1 47 (28.83%) EMIR
2 34 (20.86%) Dodd-Frank
3 9 (5.52%) Sarbanes-Oxley
3 9 (5.52%) MiFID
3 9 (5.52%) COREP
3 9 (5.52%) FINREP
4 5 (3.07%) QA
5 2 (1.23%) AIFMD
5 2 (1.23%) Basel III
6 1 (0.61%) UCITS
6 1 (0.61%) Basel II
6 1 (0.61%) SLA
Systems Management
1 5 (3.07%) HP Quality Center
Vendors
1 10 (6.13%) IBM
2 8 (4.91%) Calypso
3 4 (2.45%) Oracle
3 4 (2.45%) Pega
4 2 (1.23%) Charles River
5 1 (0.61%) Avaloq
5 1 (0.61%) Microsoft