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 23 January 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
23 Jan 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 518 501 505
Rank change year-on-year
-17 +4
Contract jobs citing FATCA 60 56 30
As % of all contract IT jobs located in the UK 0.12% 0.11% 0.067%
As % of the Quality Assurance & Compliance category 1.53% 1.50% 0.94%
Number of daily rates quoted 43 42 18
Average daily rate
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£530 £519 £525
Average daily rate % change year-on-year
+2.16% -1.19%
90% offered a daily rate of more than £392 £377 £406
10% offered a daily rate of more than £690 £650 £683
UK excluding London average daily rate £500 £425 £430
% change year-on-year
+17.64% -1.16%
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
3928 3730 3179
As % of all contract IT jobs located in the UK 7.74% 7.66% 7.12%
Number of daily rates quoted 2342 2207 1792
Average daily rate £400 £405 £400
Average daily rate % change year-on-year
-1.23% +1.25%
90% offered a daily rate of more than £225 £230 £225
10% offered a daily rate of more than £585 £600 £575
UK excluding London average daily rate £375 £350 £330
% change year-on-year
+7.14% +6.06%
Number of hourly rates quoted 158 133 214
Average hourly rate £19.00 £17.15 £22.50
Average hourly rate % change year-on-year
+10.78% -23.77%
90% offered a hourly rate of more than £10.98 £10.97 £11.35
10% offered a hourly rate of more than £47.50 £42.50 £45.00
UK excluding London average hourly rate £19.00 £17.23 £22.75
% change year-on-year
+10.30% -24.28%

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 23 January 2015.

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 23 January 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 -20 55 £550 +4.76% 16
London +15 44 £550 -8.33% 14
City of London +9 6 £390 -35.00% 8
Scotland -8 4 £494 - 2
Edinburgh -10 4 £494 - 2
Birmingham - 4 £450 - 1
West Midlands - 4 £450 - 1
Manchester - 3 £550 -
North West - 3 £550 -

FATCA
Top 30 Related IT Skills

For the 6 months to 23 January 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 72 (70.59%) Banking
2 47 (46.08%) Finance
3 36 (35.29%) Investment Banking
4 27 (26.47%) EMIR
5 26 (25.49%) Dodd-Frank
6 17 (16.67%) Business Analysis
7 15 (14.71%) Agile Software Development
8 14 (13.73%) Change Management
9 13 (12.75%) Project Management
10 12 (11.76%) Stakeholder Management
10 12 (11.76%) Retail
11 10 (9.80%) Reference Data
11 10 (9.80%) GAP Analysis
12 9 (8.82%) COREP
12 9 (8.82%) FINREP
13 7 (6.86%) Analytical Skills
13 7 (6.86%) Legal
13 7 (6.86%) CIMA
13 7 (6.86%) Sarbanes-Oxley
13 7 (6.86%) ACCA
13 7 (6.86%) MS Excel
13 7 (6.86%) Data Analysis
14 6 (5.88%) MiFID
14 6 (5.88%) User Acceptance Testing
14 6 (5.88%) Retail Banking
14 6 (5.88%) Management Information System
15 5 (4.90%) Microsoft
15 5 (4.90%) Data Architecture
15 5 (4.90%) Test Management
15 5 (4.90%) ISTQB

FATCA
Top Related IT Skills by Category

For the 6 months to 23 January 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 1 (0.98%) SharePoint
Applications
1 7 (6.86%) MS Excel
2 3 (2.94%) MS Office
3 1 (0.98%) MS Visio
3 1 (0.98%) MS PowerPoint
Business Applications
1 1 (0.98%) Summit
Communications & Networking
1 1 (0.98%) Intranet
1 1 (0.98%) Internet
1 1 (0.98%) 2G
Database & Business Intelligence
1 3 (2.94%) Relational Database
2 2 (1.96%) Data Warehouse
3 1 (0.98%) SQL Server Reporting Services
3 1 (0.98%) SQL Server Integration Services
3 1 (0.98%) SQL Server Analysis Services
3 1 (0.98%) SQL Server
Development Applications
1 2 (1.96%) ERwin
2 1 (0.98%) JIRA
2 1 (0.98%) Toad
General
1 72 (70.59%) Banking
2 47 (46.08%) Finance
3 36 (35.29%) Investment Banking
4 12 (11.76%) Retail
5 7 (6.86%) Legal
6 6 (5.88%) Retail Banking
7 2 (1.96%) Private Banking
7 2 (1.96%) Financial Institution
7 2 (1.96%) Front Office
8 1 (0.98%) Back Office
8 1 (0.98%) Publishing
8 1 (0.98%) Wholesale Banking
Job Titles
1 57 (55.88%) Analyst
2 49 (48.04%) Business Analyst
3 25 (24.51%) Project Manager
4 12 (11.76%) Banking Business Analyst
5 7 (6.86%) Investment Banking Business Analyst
5 7 (6.86%) Senior Business Analyst
5 7 (6.86%) Senior Analyst
6 6 (5.88%) Programme Manager
7 5 (4.90%) Test Manager
7 5 (4.90%) Technical Analyst
7 5 (4.90%) Technical Business Analyst
7 5 (4.90%) Test Leader
8 4 (3.92%) Architect
8 4 (3.92%) Operations Manager
9 3 (2.94%) Data Analyst
9 3 (2.94%) Test Analyst
9 3 (2.94%) Project Analyst
10 2 (1.96%) Business Architect
10 2 (1.96%) Lead Business Analyst
10 2 (1.96%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 1 (0.98%) XML
Miscellaneous
1 10 (9.80%) Reference Data
2 7 (6.86%) Analytical Skills
3 6 (5.88%) Management Information System
4 4 (3.92%) Equities
5 2 (1.96%) Data Integration
5 2 (1.96%) Mobile Banking
6 1 (0.98%) User Experience
6 1 (0.98%) Hedge funds
6 1 (0.98%) Derivative
6 1 (0.98%) Credit Risk
6 1 (0.98%) Foreign Exchange (FX)
Operating Systems
1 1 (0.98%) UNIX
1 1 (0.98%) Windows
Processes & Methodologies
1 17 (16.67%) Business Analysis
2 15 (14.71%) Agile Software Development
3 14 (13.73%) Change Management
4 13 (12.75%) Project Management
5 12 (11.76%) Stakeholder Management
6 10 (9.80%) GAP Analysis
7 7 (6.86%) Data Analysis
8 6 (5.88%) User Acceptance Testing
9 5 (4.90%) Test Management
9 5 (4.90%) Programme Management
9 5 (4.90%) Requirements Analysis
9 5 (4.90%) Data Architecture
10 4 (3.92%) Test Scripting
10 4 (3.92%) Risk Management
10 4 (3.92%) PRINCE2
10 4 (3.92%) Asset Management
11 3 (2.94%) Data Management
11 3 (2.94%) Information Management
11 3 (2.94%) Data Modelling
11 3 (2.94%) ETL
Programming Languages
1 3 (2.94%) Java
1 3 (2.94%) SQL
2 2 (1.96%) VB
2 2 (1.96%) C
3 1 (0.98%) VBA
Qualifications
1 7 (6.86%) ACCA
1 7 (6.86%) CIMA
2 5 (4.90%) ISTQB
2 5 (4.90%) ISTQB Foundation Certification
3 3 (2.94%) PRINCE2 Certification
4 1 (0.98%) PMP
4 1 (0.98%) PMI Certification
4 1 (0.98%) ISEB
4 1 (0.98%) CCA
4 1 (0.98%) Degree
Quality Assurance & Compliance
1 27 (26.47%) EMIR
2 26 (25.49%) Dodd-Frank
3 9 (8.82%) COREP
3 9 (8.82%) FINREP
4 7 (6.86%) Sarbanes-Oxley
5 6 (5.88%) MiFID
6 3 (2.94%) QA
7 2 (1.96%) Basel III
7 2 (1.96%) Solvency II
7 2 (1.96%) Basel II
8 1 (0.98%) CRD IV
8 1 (0.98%) Data Quality
8 1 (0.98%) AIFMD
Systems Management
1 5 (4.90%) HP Quality Center
Vendors
1 5 (4.90%) Microsoft
2 3 (2.94%) IBM
3 2 (1.96%) Pega
4 1 (0.98%) Calypso
4 1 (0.98%) HP
4 1 (0.98%) Avaloq
London
Hays IT - Uk Posting account
Rate: £600.00 - £700 per day
Posted: 2 days ago
London
Hydrogen Group
Rate: £500.00 - £520.00 per day
Posted: 2 days ago
City, London
Sanderson
Rate: £315 - £414 per day
Posted: 2 days ago
City of London
Hays IT - Uk Posting account
Rate: £400.00 - £450.00 per day
Posted: 3 days ago
Swindon, Wiltshire
Clarity Resourcing Ltd
Rate: £450 - £650 per day
Posted: 3 days ago
City, London
Sanderson
Rate: £400 - £450 per day
Posted: 5 days ago
Birmingham, West Midlands (County)
Experis Ltd
Rate: Market Salary
Posted: 5 days ago