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 12 February 2016 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
12 Feb 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 570 543 530
Rank change year-on-year
-27 -13
Contract jobs citing FATCA 56 69 58
As % of all contract IT jobs located in the UK 0.11% 0.13% 0.12%
As % of the Quality Assurance & Compliance category 1.11% 1.42% 1.30%
Number of daily rates quoted 40 50 42
Average daily rate £425 £550 £525
Average daily rate % change year-on-year
-22.72% +4.76%
90% offered a daily rate of more than £325 £399 £377
10% offered a daily rate of more than £650 £700 £650
UK excluding London average daily rate £400 £513 £425
% change year-on-year
-21.98% +20.64%
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
5065 4857 4461
As % of all contract IT jobs located in the UK 9.85% 9.38% 8.97%
Number of daily rates quoted 3105 2979 2596
Average daily rate £425 £400 £405
Average daily rate % change year-on-year
+6.25% -1.23%
90% offered a daily rate of more than £265 £225 £230
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 212 174 170
Average hourly rate £42.00 £22.50 £17.00
Average hourly rate % change year-on-year
+86.66% +32.35%
90% offered a hourly rate of more than £14.02 £11.00 £10.97
10% offered a hourly rate of more than £60.98 £47.50 £42.50
UK excluding London average hourly rate £42.50 £23.25 £17.08
% change year-on-year
+82.79% +36.16%

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 12 February 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 19 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 12 February 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
(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 -17 50 £500 -11.11% 8
London -3 42 £513 -14.58% 7
Scotland -2 6 £400 -18.98%
City of London +33 5 £525 +17.97%
Edinburgh -13 5 £400 -18.98%
South East - 4 £488 -
Yorkshire - 3 £343 - 1
Brighton - 2 £325 -
Glasgow - 2 £340 -
Canary Wharf - 2 £563 -
Sheffield - 2 £430 - 1
East Sussex - 2 £325 -
South Yorkshire - 2 £430 - 1
Surrey - 2 £650 -
North West -18 1 - -
Leeds - 1 £255 -
West Yorkshire - 1 £255 -
Wilmslow - 1 - -
Cheshire - 1 - -

FATCA
Top 30 Related IT Skills

For the 6 months to 12 February 2016, 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 71 (58.20%) Finance
2 66 (54.10%) Banking
3 36 (29.51%) Business Analysis
3 36 (29.51%) MiFID
4 33 (27.05%) Investment Banking
5 27 (22.13%) Stakeholder Management
6 26 (21.31%) EMIR
7 23 (18.85%) Dodd-Frank
8 22 (18.03%) Anti-Money Laundering
9 18 (14.75%) Analytical Skills
10 17 (13.93%) KYC
11 12 (9.84%) Project Management
12 11 (9.02%) SQL
12 11 (9.02%) GAP Analysis
12 11 (9.02%) Migration
12 11 (9.02%) Derivative
12 11 (9.02%) SDLC
13 10 (8.20%) Data Analytics
13 10 (8.20%) Analytics
13 10 (8.20%) User Acceptance Testing
13 10 (8.20%) Degree
13 10 (8.20%) Retail
13 10 (8.20%) Asset Management
13 10 (8.20%) Front Office
13 10 (8.20%) Data Warehouse
14 9 (7.38%) Business Intelligence
14 9 (7.38%) Microsoft
14 9 (7.38%) Change Management
14 9 (7.38%) QA
14 9 (7.38%) Data Migration

FATCA
Top Related IT Skills by Category

For the 6 months to 12 February 2016, 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 (1.64%) SharePoint
2 1 (0.82%) Documentum
Applications
1 7 (5.74%) MS Office
2 4 (3.28%) MS Excel
3 3 (2.46%) MS PowerPoint
4 2 (1.64%) MS Project
4 2 (1.64%) MS Visio
Business Applications
1 1 (0.82%) Global One
1 1 (0.82%) Loan IQ
Database & Business Intelligence
1 10 (8.20%) Data Warehouse
2 2 (1.64%) Oracle Reports
3 1 (0.82%) Data Mining
3 1 (0.82%) Oracle Database
3 1 (0.82%) QlikView
3 1 (0.82%) SQL Server
Development Applications
1 1 (0.82%) JIRA
General
1 71 (58.20%) Finance
2 66 (54.10%) Banking
3 33 (27.05%) Investment Banking
4 10 (8.20%) Front Office
4 10 (8.20%) Retail
5 8 (6.56%) Billing
5 8 (6.56%) General Ledger
6 6 (4.92%) Legal
7 5 (4.10%) Financial Institution
7 5 (4.10%) Retail Banking
8 2 (1.64%) Back Office
9 1 (0.82%) Corporate Banking
9 1 (0.82%) International Banking
9 1 (0.82%) Wholesale Banking
Job Titles
1 76 (62.30%) Analyst
2 72 (59.02%) Business Analyst
3 24 (19.67%) Banking Analyst
4 19 (15.57%) Banking Business Analyst
4 19 (15.57%) Project Manager
5 18 (14.75%) MiFID Business Analyst
6 14 (11.48%) Finance Business Analyst
6 14 (11.48%) Financial Analyst
6 14 (11.48%) Regulatory Business Analyst
7 12 (9.84%) Test Manager
8 10 (8.20%) Financial Business Analyst
8 10 (8.20%) IT Analyst
8 10 (8.20%) Service Analyst
9 9 (7.38%) Business IT Analyst
9 9 (7.38%) Financial Services Business Analyst
9 9 (7.38%) IT Business Analyst
10 7 (5.74%) Report Analyst
10 7 (5.74%) Senior Analyst
10 7 (5.74%) Treasury Business Analyst
11 6 (4.92%) Finance Manager
Libraries, Frameworks & Software Standards
1 3 (2.46%) XML
2 1 (0.82%) .NET
2 1 (0.82%) Gherkin
Miscellaneous
1 18 (14.75%) Analytical Skills
2 11 (9.02%) Derivative
3 8 (6.56%) Data Extraction
4 4 (3.28%) Reference Data
5 3 (2.46%) Market Risk
5 3 (2.46%) PMI
6 2 (1.64%) Computer Science
6 2 (1.64%) Equities
6 2 (1.64%) Fixed Income
6 2 (1.64%) Foreign Exchange (FX)
7 1 (0.82%) Enterprise Software
7 1 (0.82%) Fintech
7 1 (0.82%) Management Information System
Processes & Methodologies
1 36 (29.51%) Business Analysis
2 27 (22.13%) Stakeholder Management
3 22 (18.03%) Anti-Money Laundering
4 17 (13.93%) KYC
5 12 (9.84%) Project Management
6 11 (9.02%) GAP Analysis
6 11 (9.02%) Migration
6 11 (9.02%) SDLC
7 10 (8.20%) Analytics
7 10 (8.20%) Asset Management
7 10 (8.20%) Data Analytics
7 10 (8.20%) User Acceptance Testing
8 9 (7.38%) Business Intelligence
8 9 (7.38%) Change Management
8 9 (7.38%) Data Migration
8 9 (7.38%) Software Delivery
9 8 (6.56%) Cash Management
9 8 (6.56%) Information Assurance
9 8 (6.56%) Security Testing
9 8 (6.56%) Software Testing
Programming Languages
1 11 (9.02%) SQL
2 2 (1.64%) PL/SQL
3 1 (0.82%) C#
3 1 (0.82%) Java
3 1 (0.82%) R
Qualifications
1 10 (8.20%) Degree
2 6 (4.92%) ISEB
3 4 (3.28%) ISTQB
4 3 (2.46%) PMI Certification
5 2 (1.64%) ACCA
5 2 (1.64%) CIMA
5 2 (1.64%) ISTQB Foundation Certification
5 2 (1.64%) PMP
Quality Assurance & Compliance
1 36 (29.51%) MiFID
2 26 (21.31%) EMIR
3 23 (18.85%) Dodd-Frank
4 9 (7.38%) CRD IV
4 9 (7.38%) QA
5 7 (5.74%) Basel II
6 4 (3.28%) AIFMD
6 4 (3.28%) Basel III
7 3 (2.46%) Data Quality
7 3 (2.46%) Solvency II
8 1 (0.82%) UCITS
Systems Management
1 3 (2.46%) HP Quality Center
Vendors
1 9 (7.38%) Microsoft
2 6 (4.92%) Oracle
3 2 (1.64%) LexisNexis
4 1 (0.82%) Calypso
4 1 (0.82%) Murex
4 1 (0.82%) Pega
4 1 (0.82%) Sybase
London
Orgtel
Rate: £600 - £700 per day
Posted: 14 days ago
Docklands
iKas International
Rate: £550 - £650 per day
Posted: 16 days ago
Sheffield
Hays Specialist Recruitment
Rate: negotiable
Posted: 23 days ago