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 8 December 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
8 Dec 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 547 570 589
Rank change year-on-year
+23 +19
Contract jobs citing FATCA 74 74 44
As % of all contract IT jobs located in the UK 0.15% 0.13% 0.078%
As % of the Quality Assurance & Compliance category 1.52% 1.33% 0.84%
Number of daily rates quoted 48 44 31
Median daily rate £550 £438 £575
Median daily rate % change year-on-year
+25.71% -23.91%
90% offered a daily rate of more than £409 £376 £488
10% offered a daily rate of more than £615 £635 £675
UK excluding London median daily rate £450 £494 £508
% change year-on-year
-8.86% -2.70%
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
4870 5556 5266
As % of all contract IT jobs located in the UK 9.79% 10.06% 9.33%
Number of daily rates quoted 3165 3421 3393
Median daily rate £440 £425 £400
Median daily rate % change year-on-year
+3.52% +6.25%
90% offered a daily rate of more than £275 £270 £225
10% offered a daily rate of more than £614 £600 £588
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 190 210 214
Median hourly rate £20.50 £25.00 £22.00
Median hourly rate % change year-on-year
-18.00% +13.63%
90% offered a hourly rate of more than £10.00 £12.00 £11.11
10% offered a hourly rate of more than £45.00 £48.00 £45.00
UK excluding London median hourly rate £21.50 £25.00 £22.00
% change year-on-year
-14.00% +13.63%

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 8 December 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 8 December 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 +22 71 £550 +19.17% 3
London +3 68 £550 +29.41% 3
Scotland +14 3 £450 +12.50%
Glasgow +4 3 £450 +12.50%
Canary Wharf +6 2 £395 -12.22%
Yorkshire - 2 - -
West Yorkshire - 2 - -
Leeds - 2 - -
South East +30 1 - -
Buckinghamshire +17 1 - -
Milton Keynes +17 1 - -
City of London -10 1 - - 1

FATCA
Top 30 Related IT Skills

For the 6 months to 8 December 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 69 (64.49%) Finance
2 65 (60.75%) Banking
3 45 (42.06%) Agile Software Development
4 37 (34.58%) Scrum
5 35 (32.71%) Degree
6 32 (29.91%) Java
7 31 (28.97%) Business Analysis
8 29 (27.10%) Spring
9 28 (26.17%) Unix
9 28 (26.17%) Jenkins
10 27 (25.23%) Stakeholder Management
10 27 (25.23%) JIRA
11 26 (24.30%) Refactoring
11 26 (24.30%) SQL
11 26 (24.30%) KYC
12 25 (23.36%) jQuery
12 25 (23.36%) Linux
12 25 (23.36%) Maven
13 24 (22.43%) Korn
13 24 (22.43%) Shell Script
13 24 (22.43%) JMS
13 24 (22.43%) SOAP
13 24 (22.43%) Web Services
13 24 (22.43%) TeamCity
13 24 (22.43%) Git (software)
13 24 (22.43%) REST
13 24 (22.43%) Solace
14 23 (21.50%) Node.js
14 23 (21.50%) AngularJS
14 23 (21.50%) BDD

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 7 (6.54%) WebSphere
2 3 (2.80%) Apache Spark
Applications
1 3 (2.80%) MS Project
2 2 (1.87%) MS PowerPoint
2 2 (1.87%) MS Visio
Business Applications
1 4 (3.74%) Summit
Communications & Networking
1 1 (0.93%) HTTP
Database & Business Intelligence
1 14 (13.08%) Big Data
2 8 (7.48%) MongoDB
3 4 (3.74%) Relational Database
4 3 (2.80%) Flink
4 3 (2.80%) Hadoop
4 3 (2.80%) NoSQL
4 3 (2.80%) RDBMS
5 2 (1.87%) SQL Server Integration Services
6 1 (0.93%) Data Warehouse
Development Applications
1 28 (26.17%) Jenkins
2 27 (25.23%) JIRA
3 25 (23.36%) Maven
4 24 (22.43%) Git (software)
4 24 (22.43%) TeamCity
5 19 (17.76%) JUnit
5 19 (17.76%) Mockito
5 19 (17.76%) Spock
6 10 (9.35%) Gradle
7 4 (3.74%) Selenium
7 4 (3.74%) Sonatype Nexus
General
1 69 (64.49%) Finance
2 65 (60.75%) Banking
3 19 (17.76%) Investment Banking
4 10 (9.35%) Legal
5 7 (6.54%) Retail
6 6 (5.61%) Financial Institution
7 4 (3.74%) Back Office
8 3 (2.80%) Private Banking
9 2 (1.87%) Front Office
9 2 (1.87%) Marketing
9 2 (1.87%) Retail Banking
Job Titles
1 32 (29.91%) Business Analyst
2 28 (26.17%) Analyst
3 25 (23.36%) Developer
4 22 (20.56%) Java Developer
5 18 (16.82%) Project Manager
6 17 (15.89%) Architect
7 13 (12.15%) Data Architect
8 12 (11.21%) Senior Developer
9 11 (10.28%) Senior Java Developer
10 9 (8.41%) Regulatory Business Analyst
11 8 (7.48%) Senior Business Analyst
12 7 (6.54%) UI Developer
13 6 (5.61%) Data Business Analyst
13 6 (5.61%) UX Developer
14 5 (4.67%) IT Analyst
14 5 (4.67%) IT Business Analyst
14 5 (4.67%) IT Manager
14 5 (4.67%) IT Project Manager
14 5 (4.67%) Senior Analyst
14 5 (4.67%) Technical Leader
Libraries, Frameworks & Software Standards
1 29 (27.10%) Spring
2 25 (23.36%) jQuery
3 24 (22.43%) JMS
3 24 (22.43%) REST
3 24 (22.43%) SOAP
3 24 (22.43%) Web Services
4 23 (21.50%) AngularJS
4 23 (21.50%) Node.js
5 20 (18.69%) HTML
6 19 (17.76%) CSS
6 19 (17.76%) CSS3
6 19 (17.76%) Gherkin
6 19 (17.76%) Hibernate
6 19 (17.76%) HTML5
6 19 (17.76%) JDBC
7 17 (15.89%) JSON
7 17 (15.89%) Spring Integration
7 17 (15.89%) Spring MVC
7 17 (15.89%) XML
7 17 (15.89%) XSD
Miscellaneous
1 19 (17.76%) Reference Data
2 14 (13.08%) User Experience
3 8 (7.48%) Analytical Skills
3 8 (7.48%) Foreign Exchange (FX)
4 5 (4.67%) Fintech
5 3 (2.80%) Data Integration
5 3 (2.80%) Derivative
5 3 (2.80%) Equities
5 3 (2.80%) Fixed Income
6 2 (1.87%) Market Risk
7 1 (0.93%) Management Information System
7 1 (0.93%) Minimum Viable Product
Operating Systems
1 28 (26.17%) Unix
2 25 (23.36%) Linux
3 1 (0.93%) Red Hat Enterprise Linux
Processes & Methodologies
1 45 (42.06%) Agile Software Development
2 37 (34.58%) Scrum
3 31 (28.97%) Business Analysis
4 27 (25.23%) Stakeholder Management
5 26 (24.30%) KYC
5 26 (24.30%) Refactoring
6 23 (21.50%) BDD
6 23 (21.50%) TDD
7 21 (19.63%) Project Management
8 17 (15.89%) MVC
9 16 (14.95%) Data Modelling
10 14 (13.08%) Target Operating Model
11 11 (10.28%) Analytics
12 10 (9.35%) Anti-Money Laundering
12 10 (9.35%) Data Analysis
12 10 (9.35%) Data Architecture
12 10 (9.35%) Data Governance
12 10 (9.35%) Data Management
12 10 (9.35%) Matrix Organization
13 9 (8.41%) SDLC
Programming Languages
1 32 (29.91%) Java
2 26 (24.30%) SQL
3 24 (22.43%) Korn
3 24 (22.43%) Shell Script
4 21 (19.63%) JavaScript
5 17 (15.89%) XPath
6 7 (6.54%) PL/SQL
7 1 (0.93%) Bash Shell
7 1 (0.93%) C
7 1 (0.93%) Python
7 1 (0.93%) Ruby
Qualifications
1 35 (32.71%) Degree
2 1 (0.93%) ISEB
2 1 (0.93%) MBA
Quality Assurance & Compliance
1 20 (18.69%) EMIR
2 19 (17.76%) MiFID
3 17 (15.89%) Dodd-Frank
4 5 (4.67%) QA
5 4 (3.74%) AIFMD
6 3 (2.80%) UCITS
System Software
1 2 (1.87%) Docker
Systems Management
1 1 (0.93%) Ansible
1 1 (0.93%) Puppet
Vendors
1 24 (22.43%) Solace
2 12 (11.21%) MuleSoft
3 7 (6.54%) Oracle
4 4 (3.74%) Black Duck
4 4 (3.74%) Calypso
4 4 (3.74%) IBM
5 1 (0.93%) Avaloq
5 1 (0.93%) Charles River
5 1 (0.93%) FNZ
5 1 (0.93%) Red Hat