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 22 December 2014 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
22 Dec 2014
Same period 2013 Same period 2012
Foreign Account Tax Compliance Act (FATCA)
Rank 540 526 518
Rank change year-on-year
-14 -8
Contract jobs citing FATCA 46 50 44
As % of all contract IT jobs located in the UK 0.084% 0.097% 0.089%
As % of the Quality Assurance & Compliance category 1.12% 1.32% 1.22%
Number of daily rates quoted 31 45 30
Average daily rate
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£550 £575 £500
Average daily rate % change year-on-year
-4.34% +15.00%
90% offered a daily rate of more than £390 £400 £424
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £500 £425 £400
% change year-on-year
+17.64% +6.25%
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
4121 3796 3611
As % of all contract IT jobs located in the UK 7.56% 7.37% 7.34%
Number of daily rates quoted 2577 2285 2088
Average daily rate £400 £410 £400
Average daily rate % change year-on-year
-2.43% +2.50%
90% offered a daily rate of more than £215 £240 £225
10% offered a daily rate of more than £600 £601 £575
UK excluding London average daily rate £370 £350 £350
% change year-on-year
+5.71% -
Number of hourly rates quoted 177 135 236
Average hourly rate £19.00 £18.55 £21.50
Average hourly rate % change year-on-year
+2.42% -13.72%
90% offered a hourly rate of more than £10.75 £11.00 £11.50
10% offered a hourly rate of more than £45.00 £44.00 £45.00
UK excluding London average hourly rate £19.00 £18.53 £20.64
% change year-on-year
+2.56% -10.25%

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 22 December 2014.

FATCA Daily Rate Histogram in the UK

FATCA
Top 9 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 22 December 2014. 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 -33 42 £575 -2.12% 8
London +13 37 £588 -2.08% 6
City of London -7 8 £390 -32.17% 3
Scotland +1 3 £500 +13.63%
Edinburgh -11 3 £500 +31.57%
Manchester - 2 £550 - 1
North West - 2 £550 - 1
West Midlands - 1 £450 -
Birmingham - 1 £450 -

FATCA
Top 30 Related IT Skills

For the 6 months to 22 December 2014, 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 55 (67.07%) Banking
2 40 (48.78%) Finance
3 34 (41.46%) Investment Banking
4 23 (28.05%) EMIR
4 23 (28.05%) Dodd-Frank
5 17 (20.73%) Business Analysis
6 13 (15.85%) Project Management
7 12 (14.63%) Change Management
8 11 (13.41%) GAP Analysis
9 10 (12.20%) Legal
10 9 (10.98%) Agile Software Development
10 9 (10.98%) COREP
10 9 (10.98%) FINREP
11 8 (9.76%) User Acceptance Testing
11 8 (9.76%) Reference Data
11 8 (9.76%) Analytical Skills
12 7 (8.54%) ACCA
12 7 (8.54%) Sarbanes-Oxley
12 7 (8.54%) CIMA
12 7 (8.54%) Stakeholder Management
13 6 (7.32%) MS Excel
13 6 (7.32%) Management Information System
13 6 (7.32%) Risk Management
13 6 (7.32%) Data Analysis
13 6 (7.32%) Requirements Analysis
13 6 (7.32%) Test Scripting
14 5 (6.10%) Microsoft
14 5 (6.10%) Programme Management
14 5 (6.10%) Retail
14 5 (6.10%) MiFID

FATCA
Top Related IT Skills by Category

For the 6 months to 22 December 2014, 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.

Applications
1 6 (7.32%) MS Excel
2 2 (2.44%) MS Office
3 1 (1.22%) MS Visio
Communications & Networking
1 1 (1.22%) 2G
Database & Business Intelligence
1 3 (3.66%) Relational Database
2 1 (1.22%) SQL Server
2 1 (1.22%) SQL Server Reporting Services
2 1 (1.22%) SQL Server Integration Services
2 1 (1.22%) SQL Server Analysis Services
Development Applications
1 1 (1.22%) Toad
General
1 55 (67.07%) Banking
2 40 (48.78%) Finance
3 34 (41.46%) Investment Banking
4 10 (12.20%) Legal
5 5 (6.10%) Retail
6 4 (4.88%) Front Office
6 4 (4.88%) Retail Banking
7 1 (1.22%) Private Banking
7 1 (1.22%) Financial Institution
7 1 (1.22%) Back Office
7 1 (1.22%) Wholesale Banking
Job Titles
1 48 (58.54%) Analyst
2 40 (48.78%) Business Analyst
3 17 (20.73%) Project Manager
4 8 (9.76%) Senior Business Analyst
4 8 (9.76%) Senior Analyst
5 7 (8.54%) Investment Banking Business Analyst
5 7 (8.54%) Programme Manager
5 7 (8.54%) Banking Business Analyst
6 6 (7.32%) Test Manager
7 4 (4.88%) Operations Manager
7 4 (4.88%) Technical Analyst
7 4 (4.88%) Technical Business Analyst
8 3 (3.66%) Data Analyst
8 3 (3.66%) Test Analyst
9 2 (2.44%) Architect
9 2 (2.44%) Report Analyst
9 2 (2.44%) Senior Manager
9 2 (2.44%) Senior Project Manager
9 2 (2.44%) Technical Specialist
9 2 (2.44%) Business Architect
Libraries, Frameworks & Software Standards
1 1 (1.22%) XML
Miscellaneous
1 8 (9.76%) Reference Data
1 8 (9.76%) Analytical Skills
2 6 (7.32%) Management Information System
3 4 (4.88%) Equities
4 2 (2.44%) Derivative
4 2 (2.44%) Equity Derivative
5 1 (1.22%) Credit Risk
5 1 (1.22%) Hedge funds
5 1 (1.22%) Mobile Banking
5 1 (1.22%) User Experience
Operating Systems
1 1 (1.22%) Windows
Processes & Methodologies
1 17 (20.73%) Business Analysis
2 13 (15.85%) Project Management
3 12 (14.63%) Change Management
4 11 (13.41%) GAP Analysis
5 9 (10.98%) Agile Software Development
6 8 (9.76%) User Acceptance Testing
7 7 (8.54%) Stakeholder Management
8 6 (7.32%) Risk Management
8 6 (7.32%) Test Scripting
8 6 (7.32%) Requirements Analysis
8 6 (7.32%) Data Analysis
9 5 (6.10%) Programme Management
9 5 (6.10%) Test Management
10 3 (3.66%) Stakeholder Engagement
10 3 (3.66%) Waterfall
10 3 (3.66%) Integration Testing
10 3 (3.66%) Data Architecture
10 3 (3.66%) Quality Management
11 2 (2.44%) ITIL
11 2 (2.44%) PRINCE2
Programming Languages
1 3 (3.66%) Java
2 2 (2.44%) SQL
2 2 (2.44%) VB
2 2 (2.44%) C
3 1 (1.22%) VBA
Qualifications
1 7 (8.54%) ACCA
1 7 (8.54%) CIMA
2 1 (1.22%) ISEB
2 1 (1.22%) PRINCE2 Certification
2 1 (1.22%) PMP
2 1 (1.22%) PMI Certification
Quality Assurance & Compliance
1 23 (28.05%) EMIR
1 23 (28.05%) Dodd-Frank
2 9 (10.98%) COREP
2 9 (10.98%) FINREP
3 7 (8.54%) Sarbanes-Oxley
4 5 (6.10%) MiFID
5 3 (3.66%) QA
6 2 (2.44%) Basel III
6 2 (2.44%) Solvency II
6 2 (2.44%) Basel II
7 1 (1.22%) CRD IV
7 1 (1.22%) Data Quality
7 1 (1.22%) AIFMD
Systems Management
1 5 (6.10%) HP Quality Center
Vendors
1 5 (6.10%) Microsoft
2 2 (2.44%) Pega
3 1 (1.22%) HP
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £425 - £501 per day
Posted: 7 hours ago
Manchester
Orgtel
Rate: £450 - £550 per day
Posted: 6 days ago