The table below looks at the statistics for FINREP skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited FINREP over the 3 months to 4 September 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
4 Sep 2015
Same period 2014 Same period 2013
Financial Reporting (FINREP)
Rank 629 600 575
Rank change year-on-year
-29 -25
Contract jobs citing FINREP 4 10 12
As % of all contract IT jobs located in the UK 0.007% 0.018% 0.023%
As % of the Quality Assurance & Compliance category 0.086% 0.23% 0.31%
Number of daily rates quoted 4 6 12
Average daily rate
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£625 £550 £488
Average daily rate % change year-on-year
+13.63% +12.82%
90% offered a daily rate of more than £604 £475 £375
10% offered a daily rate of more than £664 £565 £550
UK excluding London average daily rate £638 £550 £525
% change year-on-year
+15.90% +4.76%
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
4641 4444 3866
As % of all contract IT jobs located in the UK 7.94% 7.96% 7.42%
Number of daily rates quoted 2845 2692 2265
Average daily rate £425 £400 £425
Average daily rate % change year-on-year
+6.25% -5.88%
90% offered a daily rate of more than £265 £225 £260
10% offered a daily rate of more than £575 £558 £625
UK excluding London average daily rate £400 £375 £353
% change year-on-year
+6.66% +6.38%
Number of hourly rates quoted 198 203 164
Average hourly rate £21.55 £19.75 £17.50
Average hourly rate % change year-on-year
+9.11% +12.85%
90% offered a hourly rate of more than £11.86 £12.00 £10.50
10% offered a hourly rate of more than £49.75 £45.00 £37.50
UK excluding London average hourly rate £21.64 £20.00 £17.50
% change year-on-year
+8.20% +14.28%

FINREP
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing FINREP within the UK as a proportion of the total demand within the Quality Assurance & Compliance category.

FINREP Jobs Demand Trend in the UK

FINREP
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FINREP within the UK.

FINREP Daily Rate Trend in the UK

FINREP
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FINREP within the UK over the 3 months to 4 September 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 -9 4 £625 +13.63% 4
Wiltshire +3 3 £638 +15.90% 2
Swindon -4 3 £638 +15.90% 2
South West -7 3 £638 +15.90% 2
London +4 1 £600 +3.62% 2

FINREP
Top 30 Related IT Skills

For the 6 months to 4 September 2015, IT contractor jobs within the UK citing FINREP 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 FINREP.

1 34 (97.14%) Finance
2 24 (68.57%) COREP
3 13 (37.14%) Banking
4 12 (34.29%) Oracle
5 11 (31.43%) Business Analysis
6 10 (28.57%) Data Governance
6 10 (28.57%) Data Modelling
7 8 (22.86%) ETL
7 8 (22.86%) Data Warehouse
7 8 (22.86%) Validation
7 8 (22.86%) General Ledger
7 8 (22.86%) Reference Data
8 7 (20.00%) Information Management
8 7 (20.00%) HP Quality Center
8 7 (20.00%) Workflow
8 7 (20.00%) Teradata
8 7 (20.00%) Hyperion
9 6 (17.14%) MOF
9 6 (17.14%) SAS
9 6 (17.14%) RDF
9 6 (17.14%) Java
9 6 (17.14%) SQL
9 6 (17.14%) Oracle Reports
9 6 (17.14%) Stakeholder Management
9 6 (17.14%) Information Architecture
10 5 (14.29%) FATCA
10 5 (14.29%) Performance Tuning
10 5 (14.29%) Automated Testing
10 5 (14.29%) Requirements Analysis
10 5 (14.29%) Retail Banking

FINREP
Top Related IT Skills by Category

For the 6 months to 4 September 2015, IT contractor jobs within the UK citing FINREP 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 FINREP. Up to 20 skills are shown per category.

Application Platforms
1 6 (17.14%) SAS
2 5 (14.29%) Oracle Workflow
Business Applications
1 5 (14.29%) Oracle General Ledger
2 4 (11.43%) HFM
3 3 (8.57%) Oracle EBS R12
4 1 (2.86%) SAP FI-GL
Database & Business Intelligence
1 8 (22.86%) Data Warehouse
2 6 (17.14%) Oracle Reports
3 2 (5.71%) SQL Server
3 2 (5.71%) NoSQL
4 1 (2.86%) BusinessObjects
Development Applications
1 5 (14.29%) Subversion
2 1 (2.86%) JIRA
General
1 34 (97.14%) Finance
2 13 (37.14%) Banking
3 8 (22.86%) General Ledger
4 5 (14.29%) Retail Banking
4 5 (14.29%) Retail
5 3 (8.57%) Investment Banking
Job Titles
1 16 (45.71%) Business Analyst
1 16 (45.71%) Analyst
2 7 (20.00%) Architect
3 6 (17.14%) Data Architect
3 6 (17.14%) Senior Business Analyst
3 6 (17.14%) Senior Analyst
4 5 (14.29%) Consultant
4 5 (14.29%) Developer
5 4 (11.43%) Information Architect
6 3 (8.57%) Project Manager
7 2 (5.71%) Programme Manager
7 2 (5.71%) Senior Developer
7 2 (5.71%) Enterprise Architect
7 2 (5.71%) Investment Banking Business Analyst
7 2 (5.71%) Enterprise Data Architect
7 2 (5.71%) Oracle Project Manager
8 1 (2.86%) Financial Analyst
8 1 (2.86%) Banking Business Analyst
8 1 (2.86%) Test Leader
8 1 (2.86%) Business Solution Architect
Libraries, Frameworks & Software Standards
1 5 (14.29%) XBRL
2 2 (5.71%) XML
Miscellaneous
1 8 (22.86%) Reference Data
2 5 (14.29%) Credit Risk
2 5 (14.29%) Market Risk
3 2 (5.71%) Data Integration
4 1 (2.86%) Analytical Skills
4 1 (2.86%) Computer Science
Operating Systems
1 5 (14.29%) UNIX
1 5 (14.29%) Linux
Processes & Methodologies
1 11 (31.43%) Business Analysis
2 10 (28.57%) Data Governance
2 10 (28.57%) Data Modelling
3 8 (22.86%) ETL
3 8 (22.86%) Validation
4 7 (20.00%) Workflow
4 7 (20.00%) Information Management
5 6 (17.14%) Stakeholder Management
5 6 (17.14%) RDF
5 6 (17.14%) MOF
5 6 (17.14%) Information Architecture
6 5 (14.29%) Continuous Integration
6 5 (14.29%) Requirements Analysis
6 5 (14.29%) Data Management
6 5 (14.29%) Automated Testing
6 5 (14.29%) OOP
6 5 (14.29%) GAP Analysis
6 5 (14.29%) Performance Tuning
7 4 (11.43%) Data Architecture
8 3 (8.57%) Agile Software Development
Programming Languages
1 6 (17.14%) Java
1 6 (17.14%) SQL
2 5 (14.29%) Python
2 5 (14.29%) Perl
2 5 (14.29%) PHP
2 5 (14.29%) C#
2 5 (14.29%) C++
Qualifications
1 5 (14.29%) ACCA
1 5 (14.29%) CIMA
2 3 (8.57%) Degree
3 2 (5.71%) PMP
3 2 (5.71%) PMI Certification
4 1 (2.86%) ISTQB Foundation Certification
4 1 (2.86%) CFA
4 1 (2.86%) ISTQB
Quality Assurance & Compliance
1 24 (68.57%) COREP
2 5 (14.29%) FATCA
2 5 (14.29%) Sarbanes-Oxley
3 3 (8.57%) Basel III
3 3 (8.57%) CRD IV
4 2 (5.71%) Data Quality
5 1 (2.86%) GAAP
Systems Management
1 7 (20.00%) HP Quality Center
Vendors
1 12 (34.29%) Oracle
2 7 (20.00%) Hyperion
2 7 (20.00%) Teradata
3 2 (5.71%) Sybase
3 2 (5.71%) IBM
4 1 (2.86%) HP
4 1 (2.86%) SAP