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 26 June 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
26 Jun 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 600 568 585
Rank change year-on-year
-32 +17
Contract jobs citing FATCA 43 73 38
As % of all contract IT jobs located in the UK 0.081% 0.13% 0.070%
As % of the Quality Assurance & Compliance category 0.87% 1.43% 0.75%
Number of daily rates quoted 36 55 31
Median daily rate £500 £459 £470
Median daily rate % change year-on-year
+8.93% -2.34%
90% offered a daily rate of more than £313 £342 £400
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £500 £400 £413
% change year-on-year
+25.00% -3.03%
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
4942 5117 5061
As % of all contract IT jobs located in the UK 9.31% 9.15% 9.38%
Number of daily rates quoted 3170 3284 3131
Median daily rate £425 £415 £400
Median daily rate % change year-on-year
+2.40% +3.75%
90% offered a daily rate of more than £255 £250 £240
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 198 183 211
Median hourly rate £28.50 £22.50 £21.00
Median hourly rate % change year-on-year
+26.66% +7.14%
90% offered a hourly rate of more than £12.49 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £55.50 £42.00
UK excluding London median hourly rate £28.50 £22.50 £20.75
% change year-on-year
+26.66% +8.43%

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 26 June 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 13 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 26 June 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 -10 43 £500 -9.09% 3
London +10 32 £500 -16.66% 3
City of London +45 9 £400 -33.33% 3
Kent - 8 £538 -
South East - 8 £538 -
North West -24 2 £269 -40.22%
Yorkshire -3 1 £400 -15.78%
Chester -9 1 £269 -21.34%
Cheshire -12 1 £269 -40.22%
Manchester -13 1 - -
Tonbridge - 1 £525 -
Sheffield - 1 £400 -
South Yorkshire - 1 £400 -

FATCA
Top 30 Related IT Skills

For the 6 months to 26 June 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 53 (59.55%) Banking
2 51 (57.30%) Finance
3 31 (34.83%) Stakeholder Management
4 25 (28.09%) MiFID
5 23 (25.84%) Investment Banking
6 20 (22.47%) Business Analysis
7 19 (21.35%) Anti-Money Laundering
7 19 (21.35%) KYC
8 17 (19.10%) Project Management
9 14 (15.73%) Agile Software Development
9 14 (15.73%) EMIR
10 13 (14.61%) Degree
11 12 (13.48%) Business Intelligence
11 12 (13.48%) Dodd-Frank
11 12 (13.48%) Target Operating Model
12 11 (12.36%) Cash Management
12 11 (12.36%) SQL
12 11 (12.36%) Billing
13 10 (11.24%) Retail
13 10 (11.24%) Analytical Skills
14 9 (10.11%) Stakeholder Engagement
15 8 (8.99%) Data Protection
16 7 (7.87%) Investment Management
16 7 (7.87%) Oracle
17 6 (6.74%) PRINCE2
17 6 (6.74%) MS Excel
17 6 (6.74%) Legal
17 6 (6.74%) Data Modelling
17 6 (6.74%) Asset Management
17 6 (6.74%) Scrum

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 2 (2.25%) SharePoint
2 1 (1.12%) WebSphere
Applications
1 6 (6.74%) MS Excel
2 4 (4.49%) MS PowerPoint
3 3 (3.37%) MS Project
3 3 (3.37%) MS Visio
4 2 (2.25%) MS Office
Business Applications
1 1 (1.12%) Summit
Communications & Networking
1 1 (1.12%) HTTPS
Database & Business Intelligence
1 2 (2.25%) Data Warehouse
1 2 (2.25%) Relational Database
2 1 (1.12%) Big Data
2 1 (1.12%) OLTP
2 1 (1.12%) Oracle Reports
2 1 (1.12%) SQL Server
Development Applications
1 3 (3.37%) Jenkins
1 3 (3.37%) JIRA
2 2 (2.25%) Maven
2 2 (2.25%) TeamCity
3 1 (1.12%) Git (software)
3 1 (1.12%) JUnit
3 1 (1.12%) Mockito
3 1 (1.12%) Selenium
3 1 (1.12%) Sonatype Nexus
3 1 (1.12%) Spock
General
1 53 (59.55%) Banking
2 51 (57.30%) Finance
3 23 (25.84%) Investment Banking
4 11 (12.36%) Billing
5 10 (11.24%) Retail
6 6 (6.74%) Legal
7 3 (3.37%) Retail Banking
8 2 (2.25%) Financial Institution
9 1 (1.12%) Back Office
9 1 (1.12%) Front Office
9 1 (1.12%) General Ledger
Job Titles
1 51 (57.30%) Analyst
2 42 (47.19%) Business Analyst
3 21 (23.60%) Project Manager
4 15 (16.85%) Banking Analyst
4 15 (16.85%) Banking Business Analyst
5 12 (13.48%) Financial Analyst
5 12 (13.48%) Service Analyst
6 11 (12.36%) Finance Business Analyst
6 11 (12.36%) Financial Business Analyst
6 11 (12.36%) Financial Services Business Analyst
7 6 (6.74%) Regulatory Business Analyst
8 5 (5.62%) Senior Manager
8 5 (5.62%) Senior Project Manager
9 4 (4.49%) Architect
9 4 (4.49%) Data Analyst
9 4 (4.49%) Developer
9 4 (4.49%) IT Analyst
9 4 (4.49%) Senior Analyst
9 4 (4.49%) Senior Business Analyst
10 3 (3.37%) KYC Analyst
Libraries, Frameworks & Software Standards
1 4 (4.49%) jQuery
1 4 (4.49%) Spring
1 4 (4.49%) Spring Integration
1 4 (4.49%) Spring MVC
2 3 (3.37%) AngularJS
2 3 (3.37%) Node.js
2 3 (3.37%) Swing
2 3 (3.37%) Velocity
3 2 (2.25%) CSS
3 2 (2.25%) CSS3
3 2 (2.25%) HTML
3 2 (2.25%) HTML5
4 1 (1.12%) Gherkin
4 1 (1.12%) JDBC
4 1 (1.12%) JSON
4 1 (1.12%) JSP
4 1 (1.12%) REST
4 1 (1.12%) Servlets
4 1 (1.12%) SOAP
4 1 (1.12%) Web Services
Miscellaneous
1 10 (11.24%) Analytical Skills
2 3 (3.37%) Derivative
2 3 (3.37%) Minimum Viable Product
3 2 (2.25%) Equities
3 2 (2.25%) Foreign Exchange (FX)
4 1 (1.12%) Computer Science
4 1 (1.12%) Data Extraction
4 1 (1.12%) Equity Derivative
4 1 (1.12%) Fixed Income
4 1 (1.12%) Management Information System
4 1 (1.12%) OTC Derivatives
4 1 (1.12%) PMI
4 1 (1.12%) Reference Data
4 1 (1.12%) User Experience
Operating Systems
1 2 (2.25%) Unix
2 1 (1.12%) Linux
Processes & Methodologies
1 31 (34.83%) Stakeholder Management
2 20 (22.47%) Business Analysis
3 19 (21.35%) Anti-Money Laundering
3 19 (21.35%) KYC
4 17 (19.10%) Project Management
5 14 (15.73%) Agile Software Development
6 12 (13.48%) Business Intelligence
6 12 (13.48%) Target Operating Model
7 11 (12.36%) Cash Management
8 9 (10.11%) Stakeholder Engagement
9 8 (8.99%) Data Protection
10 7 (7.87%) Investment Management
11 6 (6.74%) Asset Management
11 6 (6.74%) Data Modelling
11 6 (6.74%) PRINCE2
11 6 (6.74%) Scrum
11 6 (6.74%) User Acceptance Testing
12 5 (5.62%) Change Management
12 5 (5.62%) Data Analysis
13 4 (4.49%) Migration
Programming Languages
1 11 (12.36%) SQL
2 4 (4.49%) Java
3 3 (3.37%) JavaScript
4 1 (1.12%) Korn
4 1 (1.12%) PL/SQL
4 1 (1.12%) Shell Script
4 1 (1.12%) VBA
4 1 (1.12%) XPath
Qualifications
1 13 (14.61%) Degree
2 2 (2.25%) PRINCE2 Certification
3 1 (1.12%) IIBA
3 1 (1.12%) PMI Certification
Quality Assurance & Compliance
1 25 (28.09%) MiFID
2 14 (15.73%) EMIR
3 12 (13.48%) Dodd-Frank
4 5 (5.62%) UCITS
5 1 (1.12%) AIFMD
5 1 (1.12%) Basel III
5 1 (1.12%) Data Quality
5 1 (1.12%) Solvency II
Systems Management
1 4 (4.49%) HP Quality Center
Vendors
1 7 (7.87%) Oracle
2 4 (4.49%) Informatica
2 4 (4.49%) Microsoft
2 4 (4.49%) Teradata
3 3 (3.37%) LexisNexis
4 1 (1.12%) Avaloq
4 1 (1.12%) Black Duck
4 1 (1.12%) Calypso
4 1 (1.12%) Charles River
4 1 (1.12%) FNZ
4 1 (1.12%) IBM
4 1 (1.12%) MuleSoft
4 1 (1.12%) Pega
4 1 (1.12%) Solace