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 29 May 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
29 May 2016
Same period 2015 Same period 2014
Foreign Account Tax Compliance Act (FATCA)
Rank 596 550 574
Rank change year-on-year
-46 +24
Contract jobs citing FATCA 50 95 49
As % of all contract IT jobs located in the UK 0.093% 0.17% 0.091%
As % of the Quality Assurance & Compliance category 1.02% 1.80% 0.98%
Number of daily rates quoted 36 71 37
Median daily rate £488 £475 £450
Median daily rate % change year-on-year
+2.63% +5.55%
90% offered a daily rate of more than £313 £342 £400
10% offered a daily rate of more than £638 £650 £620
UK excluding London median daily rate £500 £400 £400
% change year-on-year
+25.00% -
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
4918 5271 5012
As % of all contract IT jobs located in the UK 9.16% 9.41% 9.36%
Number of daily rates quoted 3137 3356 3067
Median daily rate £425 £413 £400
Median daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £263 £260 £240
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £375 £365
% change year-on-year
+6.66% +2.73%
Number of hourly rates quoted 192 174 240
Median hourly rate £25.75 £21.55 £21.00
Median hourly rate % change year-on-year
+19.48% +2.61%
90% offered a hourly rate of more than £11.78 £12.00 £11.50
10% offered a hourly rate of more than £48.40 £57.00 £42.50
UK excluding London median hourly rate £28.25 £24.00 £21.00
% change year-on-year
+17.70% +14.28%

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 29 May 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 17 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 29 May 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 -20 50 £488 -11.36% 6
London -12 38 £450 -25.00% 6
South East - 9 £525 -
City of London +40 8 £363 -36.95% 2
Kent - 8 £538 -
North West -9 2 £269 -40.22%
Yorkshire +10 1 - -
Chester -5 1 £269 -21.34%
Manchester -8 1 - -
Cheshire -12 1 £269 -40.22%
East Sussex - 1 £350 -
Docklands, London - 1 £600 -
Canary Wharf - 1 £513 -
Brighton - 1 £350 -
Tonbridge - 1 £525 -
Sheffield - 1 - -
South Yorkshire - 1 - -

FATCA
Top 30 Related IT Skills

For the 6 months to 29 May 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 58 (59.18%) Banking
2 55 (56.12%) Finance
3 30 (30.61%) Stakeholder Management
4 29 (29.59%) Business Analysis
4 29 (29.59%) MiFID
5 26 (26.53%) Investment Banking
6 23 (23.47%) Anti-Money Laundering
7 22 (22.45%) KYC
8 17 (17.35%) EMIR
9 15 (15.31%) Project Management
10 14 (14.29%) Analytical Skills
11 13 (13.27%) Dodd-Frank
12 12 (12.24%) User Acceptance Testing
12 12 (12.24%) Agile Software Development
12 12 (12.24%) Retail
12 12 (12.24%) Billing
12 12 (12.24%) Business Intelligence
12 12 (12.24%) Cash Management
12 12 (12.24%) Target Operating Model
13 10 (10.20%) Asset Management
13 10 (10.20%) Degree
14 9 (9.18%) Investment Management
14 9 (9.18%) SQL
14 9 (9.18%) Migration
15 8 (8.16%) Stakeholder Engagement
15 8 (8.16%) Data Protection
16 7 (7.14%) Legal
16 7 (7.14%) Oracle
16 7 (7.14%) Microsoft
17 6 (6.12%) Data Analysis

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 3 (3.06%) SharePoint
2 1 (1.02%) Node.js
Applications
1 6 (6.12%) MS Excel
2 5 (5.10%) MS Office
2 5 (5.10%) MS PowerPoint
3 4 (4.08%) MS Project
3 4 (4.08%) MS Visio
Business Applications
1 1 (1.02%) Summit
Communications & Networking
1 1 (1.02%) HTTPS
Database & Business Intelligence
1 5 (5.10%) Data Warehouse
2 1 (1.02%) OLTP
2 1 (1.02%) Oracle Database
2 1 (1.02%) Oracle Reports
2 1 (1.02%) QlikView
2 1 (1.02%) SQL Server
Development Applications
1 2 (2.04%) JIRA
2 1 (1.02%) Jenkins
2 1 (1.02%) TeamCity
General
1 58 (59.18%) Banking
2 55 (56.12%) Finance
3 26 (26.53%) Investment Banking
4 12 (12.24%) Billing
4 12 (12.24%) Retail
5 7 (7.14%) Legal
6 4 (4.08%) General Ledger
6 4 (4.08%) Retail Banking
7 3 (3.06%) Financial Institution
8 1 (1.02%) Back Office
8 1 (1.02%) Front Office
Job Titles
1 64 (65.31%) Analyst
2 54 (55.10%) Business Analyst
3 21 (21.43%) Banking Analyst
4 19 (19.39%) Banking Business Analyst
4 19 (19.39%) Project Manager
5 17 (17.35%) Financial Analyst
6 16 (16.33%) Finance Business Analyst
7 14 (14.29%) Service Analyst
8 13 (13.27%) Financial Business Analyst
8 13 (13.27%) Financial Services Business Analyst
9 7 (7.14%) MiFID Business Analyst
10 6 (6.12%) IT Analyst
10 6 (6.12%) Regulatory Business Analyst
10 6 (6.12%) Senior Analyst
11 5 (5.10%) Business IT Analyst
11 5 (5.10%) IT Business Analyst
11 5 (5.10%) Report Analyst
11 5 (5.10%) Senior Business Analyst
12 4 (4.08%) Data Analyst
12 4 (4.08%) MiFID Project Manager
Libraries, Frameworks & Software Standards
1 2 (2.04%) Velocity
2 1 (1.02%) AngularJS
2 1 (1.02%) jQuery
2 1 (1.02%) Spring
2 1 (1.02%) Spring Integration
2 1 (1.02%) Spring MVC
Miscellaneous
1 14 (14.29%) Analytical Skills
2 5 (5.10%) Derivative
3 4 (4.08%) Data Extraction
4 2 (2.04%) Equities
4 2 (2.04%) Foreign Exchange (FX)
4 2 (2.04%) Minimum Viable Product
5 1 (1.02%) Computer Science
5 1 (1.02%) Equity Derivative
5 1 (1.02%) Fixed Income
5 1 (1.02%) Management Information System
5 1 (1.02%) OTC Derivatives
5 1 (1.02%) PMI
5 1 (1.02%) Reference Data
Operating Systems
1 1 (1.02%) Unix
Processes & Methodologies
1 30 (30.61%) Stakeholder Management
2 29 (29.59%) Business Analysis
3 23 (23.47%) Anti-Money Laundering
4 22 (22.45%) KYC
5 15 (15.31%) Project Management
6 12 (12.24%) Agile Software Development
6 12 (12.24%) Business Intelligence
6 12 (12.24%) Cash Management
6 12 (12.24%) Target Operating Model
6 12 (12.24%) User Acceptance Testing
7 10 (10.20%) Asset Management
8 9 (9.18%) Investment Management
8 9 (9.18%) Migration
9 8 (8.16%) Data Protection
9 8 (8.16%) Stakeholder Engagement
10 6 (6.12%) Analytics
10 6 (6.12%) Change Management
10 6 (6.12%) Data Analysis
10 6 (6.12%) Data Analytics
10 6 (6.12%) PRINCE2
Programming Languages
1 9 (9.18%) SQL
2 1 (1.02%) Java
2 1 (1.02%) JavaScript
2 1 (1.02%) PL/SQL
2 1 (1.02%) VBA
Qualifications
1 10 (10.20%) Degree
2 4 (4.08%) ISEB
3 2 (2.04%) ACCA
3 2 (2.04%) CIMA
3 2 (2.04%) ISTQB
3 2 (2.04%) ISTQB Foundation Certification
3 2 (2.04%) PRINCE2 Certification
4 1 (1.02%) IIBA
4 1 (1.02%) PMI Certification
Quality Assurance & Compliance
1 29 (29.59%) MiFID
2 17 (17.35%) EMIR
3 13 (13.27%) Dodd-Frank
4 6 (6.12%) UCITS
5 5 (5.10%) CRD IV
6 4 (4.08%) QA
7 3 (3.06%) Basel II
7 3 (3.06%) Data Quality
8 2 (2.04%) AIFMD
9 1 (1.02%) Basel III
9 1 (1.02%) Solvency II
Systems Management
1 4 (4.08%) HP Quality Center
Vendors
1 7 (7.14%) Microsoft
1 7 (7.14%) Oracle
2 4 (4.08%) Informatica
2 4 (4.08%) Teradata
3 3 (3.06%) LexisNexis
4 1 (1.02%) Calypso
4 1 (1.02%) IBM
4 1 (1.02%) Pega
London
Connectus
Rate: £450 per day
Posted: 2 days ago
London
Hays London City Cheapside
Rate: £700.00 - £800.00 per day
Posted: 6 days ago
City, London
Hays Finance Technology
Rate: £700.00 - £800.00 per day
Posted: 5 days ago