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 5 May 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
5 May 2015
Same period 2014 Same period 2013
Foreign Account Tax Compliance Act (FATCA)
Rank 521 528 496
Rank change year-on-year
+7 -32
Contract jobs citing FATCA 88 54 57
As % of all contract IT jobs located in the UK 0.16% 0.099% 0.12%
As % of the Quality Assurance & Compliance category 2.03% 1.25% 1.60%
Number of daily rates quoted 62 39 51
Average daily rate
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of your Daily Rate
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£525 £500 £525
Average daily rate % change year-on-year
+5.05% -4.76%
90% offered a daily rate of more than £342 £396 £338
10% offered a daily rate of more than £700 £603 £725
UK excluding London average daily rate £400 £400 £325
% change year-on-year
- +23.07%
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
4338 4327 3567
As % of all contract IT jobs located in the UK 7.76% 7.93% 7.50%
Number of daily rates quoted 2630 2617 2122
Average daily rate £400 £400 £420
Average daily rate % change year-on-year
- -4.76%
90% offered a daily rate of more than £250 £250 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £365 £338
% change year-on-year
+2.73% +8.14%
Number of hourly rates quoted 138 192 133
Average hourly rate £21.55 £21.00 £18.25
Average hourly rate % change year-on-year
+2.61% +15.06%
90% offered a hourly rate of more than £11.71 £11.00 £10.00
10% offered a hourly rate of more than £43.50 £45.49 £135.00
UK excluding London average hourly rate £21.55 £21.00 £15.00
% change year-on-year
+2.61% +40.00%

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 5 May 2015.

FATCA Daily Rate Histogram in the UK

FATCA
Top 22 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 5 May 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 +1 76 £575 +4.54% 9
London +32 60 £600 +9.09% 6
City of London +8 15 £550 +25.71% 3
Scotland +5 12 £359 -12.02%
Edinburgh -1 9 £342 -17.59%
North West - 8 £425 - 2
South West +8 5 £550 +44.73%
Cheshire - 5 £356 - 2
Wiltshire +13 4 £563 +40.62%
Swindon +11 4 £563 +40.62%
Chester - 3 £342 -
Merseyside - 3 £450 -
Birmingham - 2 - -
Bootle - 2 £450 -
West Midlands - 2 - -
Bristol +8 1 £345 -4.16%
Glasgow -4 1 £375 -6.25%
West Yorkshire -10 1 £475 +18.75%
Yorkshire -22 1 £475 +18.75%
Halifax - 1 £475 -
Liverpool - 1 - -
Stirling - 1 - -

FATCA
Top 30 Related IT Skills

For the 6 months to 5 May 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 97 (62.99%) Banking
2 71 (46.10%) Finance
3 48 (31.17%) Investment Banking
4 46 (29.87%) EMIR
5 35 (22.73%) Dodd-Frank
6 34 (22.08%) Business Analysis
7 27 (17.53%) Project Management
8 25 (16.23%) Stakeholder Management
9 19 (12.34%) Retail
10 17 (11.04%) Change Management
11 16 (10.39%) Agile Software Development
11 16 (10.39%) Reference Data
12 13 (8.44%) GAP Analysis
12 13 (8.44%) SQL
13 12 (7.79%) User Acceptance Testing
14 11 (7.14%) Equities
14 11 (7.14%) Data Analysis
15 10 (6.49%) Retail Banking
15 10 (6.49%) MS Visio
16 9 (5.84%) Sarbanes-Oxley
16 9 (5.84%) ACCA
16 9 (5.84%) IBM
16 9 (5.84%) CIMA
16 9 (5.84%) COREP
16 9 (5.84%) FINREP
17 8 (5.19%) ISTQB Foundation Certification
17 8 (5.19%) Management Information System
17 8 (5.19%) UNIX
17 8 (5.19%) Requirements Analysis
17 8 (5.19%) ISTQB

FATCA
Top Related IT Skills by Category

For the 6 months to 5 May 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 (0.65%) Oracle Workflow
1 1 (0.65%) SharePoint
Applications
1 10 (6.49%) MS Visio
2 3 (1.95%) MS Excel
3 2 (1.30%) MS PowerPoint
4 1 (0.65%) MS Office
Business Applications
1 7 (4.55%) Summit
Communications & Networking
1 1 (0.65%) Intranet
1 1 (0.65%) Internet
Database & Business Intelligence
1 5 (3.25%) Relational Database
1 5 (3.25%) Data Warehouse
2 2 (1.30%) Oracle Reports
2 2 (1.30%) SQL Server
3 1 (0.65%) SQL Server Analysis Services
3 1 (0.65%) SQL Server Integration Services
3 1 (0.65%) SQL Server Reporting Services
Development Applications
1 8 (5.19%) JIRA
2 2 (1.30%) ERwin
3 1 (0.65%) Toad
General
1 97 (62.99%) Banking
2 71 (46.10%) Finance
3 48 (31.17%) Investment Banking
4 19 (12.34%) Retail
5 10 (6.49%) Retail Banking
6 6 (3.90%) Front Office
6 6 (3.90%) Legal
7 5 (3.25%) Financial Institution
8 2 (1.30%) Back Office
8 2 (1.30%) Private Banking
9 1 (0.65%) Advertising
9 1 (0.65%) Publishing
Job Titles
1 86 (55.84%) Analyst
2 79 (51.30%) Business Analyst
3 33 (21.43%) Project Manager
4 15 (9.74%) Banking Business Analyst
5 13 (8.44%) Senior Analyst
5 13 (8.44%) Senior Business Analyst
6 8 (5.19%) Test Leader
6 8 (5.19%) Investment Banking Business Analyst
7 7 (4.55%) Programme Manager
7 7 (4.55%) Test Manager
8 6 (3.90%) Architect
9 4 (2.60%) Solutions Architect
9 4 (2.60%) Senior Manager
9 4 (2.60%) Senior Project Manager
10 3 (1.95%) Data Analyst
10 3 (1.95%) Project Analyst
10 3 (1.95%) Data Architect
10 3 (1.95%) Test Analyst
11 2 (1.30%) Operations Manager
11 2 (1.30%) Coordinator
Miscellaneous
1 16 (10.39%) Reference Data
2 11 (7.14%) Equities
3 8 (5.19%) Management Information System
4 7 (4.55%) Fixed Income
5 4 (2.60%) Foreign Exchange (FX)
5 4 (2.60%) Derivative
5 4 (2.60%) Analytical Skills
5 4 (2.60%) Data Integration
6 2 (1.30%) Performance Metrics
7 1 (0.65%) Mobile Banking
7 1 (0.65%) User Experience
7 1 (0.65%) Credit Risk
7 1 (0.65%) Mainframe
Operating Systems
1 8 (5.19%) UNIX
2 1 (0.65%) Windows
Processes & Methodologies
1 34 (22.08%) Business Analysis
2 27 (17.53%) Project Management
3 25 (16.23%) Stakeholder Management
4 17 (11.04%) Change Management
5 16 (10.39%) Agile Software Development
6 13 (8.44%) GAP Analysis
7 12 (7.79%) User Acceptance Testing
8 11 (7.14%) Data Analysis
9 8 (5.19%) Requirements Analysis
10 7 (4.55%) Asset Management
10 7 (4.55%) Migration
10 7 (4.55%) Data Modelling
11 6 (3.90%) Data Management
11 6 (3.90%) Project Planning
11 6 (3.90%) Stakeholder Engagement
12 5 (3.25%) Data Cleansing
12 5 (3.25%) Software Delivery
12 5 (3.25%) Information Management
12 5 (3.25%) Programme Management
12 5 (3.25%) Risk Management
Programming Languages
1 13 (8.44%) SQL
2 1 (0.65%) C
Qualifications
1 9 (5.84%) ACCA
1 9 (5.84%) CIMA
2 8 (5.19%) ISTQB Foundation Certification
2 8 (5.19%) ISTQB
3 4 (2.60%) ISEB
4 3 (1.95%) Degree
5 2 (1.30%) PRINCE2 Certification
6 1 (0.65%) CCA
Quality Assurance & Compliance
1 46 (29.87%) EMIR
2 35 (22.73%) Dodd-Frank
3 9 (5.84%) Sarbanes-Oxley
3 9 (5.84%) COREP
3 9 (5.84%) FINREP
4 7 (4.55%) MiFID
5 3 (1.95%) QA
6 2 (1.30%) AIFMD
6 2 (1.30%) Basel III
7 1 (0.65%) UCITS
7 1 (0.65%) Basel II
Systems Management
1 5 (3.25%) HP Quality Center
Vendors
1 9 (5.84%) IBM
2 7 (4.55%) Calypso
3 4 (2.60%) Oracle
3 4 (2.60%) Pega
4 2 (1.30%) Microsoft
5 1 (0.65%) Avaloq
5 1 (0.65%) Charles River
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