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 31 October 2014 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
31 Oct 2014
Same period 2013 Same period 2012
Financial Reporting (FINREP)
Rank 591 578 548
Rank change year-on-year
-13 -30
Contract jobs citing FINREP 21 9 27
As % of all contract IT jobs located in the UK 0.036% 0.017% 0.050%
As % of the Quality Assurance & Compliance category 0.47% 0.23% 0.65%
Number of daily rates quoted 13 8 24
Average daily rate
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£500 £438 £500
Average daily rate % change year-on-year
+14.28% -12.50%
90% offered a daily rate of more than £450 £393 £363
10% offered a daily rate of more than £550 £525 £550
UK excluding London average daily rate £500 £438 £500
% change year-on-year
+14.28% -12.50%
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
4428 3838 4178
As % of all contract IT jobs located in the UK 7.63% 7.33% 7.75%
Number of daily rates quoted 2777 2332 2409
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% +0.11%
90% offered a daily rate of more than £215 £250 £230
10% offered a daily rate of more than £600 £605 £600
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 215 149 211
Average hourly rate £17.75 £17.50 £19.00
Average hourly rate % change year-on-year
+1.42% -7.89%
90% offered a hourly rate of more than £11.25 £11.05 £11.00
10% offered a hourly rate of more than £45.00 £35.40 £41.23
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FINREP within the UK over the 3 months to 31 October 2014.

FINREP Daily Rate Histogram in the UK

FINREP
Top 6 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 31 October 2014. 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 -24 19 £500 +17.64% 3
London +13 10 £500 +11.73% 1
City of London +23 6 - - 1
South West -24 6 £520 +22.35%
Dorset - - - -
Bournemouth - - - -

FINREP
Top 30 Related IT Skills

For the 6 months to 31 October 2014, 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 28 (87.50%) Finance
2 20 (62.50%) COREP
3 15 (46.88%) Banking
4 13 (40.63%) Business Analysis
5 10 (31.25%) FATCA
6 9 (28.13%) CIMA
6 9 (28.13%) ACCA
7 8 (25.00%) Sarbanes-Oxley
7 8 (25.00%) GAP Analysis
7 8 (25.00%) Investment Banking
8 7 (21.88%) Requirements Analysis
8 7 (21.88%) Project Management
9 6 (18.75%) PRINCE2
10 5 (15.63%) PMP
10 5 (15.63%) PMI Certification
10 5 (15.63%) Matrix Management
10 5 (15.63%) Resource Management
10 5 (15.63%) Stakeholder Management
10 5 (15.63%) Agile Software Development
10 5 (15.63%) Time Management
10 5 (15.63%) Waterfall
10 5 (15.63%) CRD IV
11 4 (12.50%) Data Management
11 4 (12.50%) Change Management
12 3 (9.38%) Data Warehouse
12 3 (9.38%) SQL
12 3 (9.38%) Oracle
12 3 (9.38%) Retail
12 3 (9.38%) Enterprise Data Management
12 3 (9.38%) Retail Banking

FINREP
Top Related IT Skills by Category

For the 6 months to 31 October 2014, 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 2 (6.25%) SAS
Database & Business Intelligence
1 3 (9.38%) Data Warehouse
2 2 (6.25%) Data Mining
2 2 (6.25%) SQL Server
3 1 (3.13%) RDBMS
3 1 (3.13%) Base SAS
3 1 (3.13%) Oracle Database
3 1 (3.13%) Relational Database
General
1 28 (87.50%) Finance
2 15 (46.88%) Banking
3 8 (25.00%) Investment Banking
4 3 (9.38%) General Ledger
4 3 (9.38%) Retail Banking
4 3 (9.38%) Retail
5 2 (6.25%) Publishing
6 1 (3.13%) Financial Institution
Job Titles
1 23 (71.88%) Analyst
2 20 (62.50%) Business Analyst
3 11 (34.38%) Senior Analyst
3 11 (34.38%) Senior Business Analyst
4 4 (12.50%) Developer
5 2 (6.25%) Project Manager
5 2 (6.25%) Delivery Manager
5 2 (6.25%) Financial Business Analyst
5 2 (6.25%) Banking Business Analyst
6 1 (3.13%) Senior Service Manager
6 1 (3.13%) Investment Banking Business Analyst
6 1 (3.13%) Lead Business Analyst
6 1 (3.13%) Business Intelligence Architect
6 1 (3.13%) Report Manager
6 1 (3.13%) Project Leader
6 1 (3.13%) Report Analyst
6 1 (3.13%) Business Manager
6 1 (3.13%) Banking Analyst
6 1 (3.13%) Senior Services Delivery Manager
6 1 (3.13%) Financial Analyst
Miscellaneous
1 3 (9.38%) Credit Risk
2 2 (6.25%) Analytical Skills
3 1 (3.13%) Mobile Banking
Operating Systems
1 2 (6.25%) UNIX
Processes & Methodologies
1 13 (40.63%) Business Analysis
2 8 (25.00%) GAP Analysis
3 7 (21.88%) Requirements Analysis
3 7 (21.88%) Project Management
4 6 (18.75%) PRINCE2
5 5 (15.63%) Stakeholder Management
5 5 (15.63%) Agile Software Development
5 5 (15.63%) Matrix Management
5 5 (15.63%) Resource Management
5 5 (15.63%) Time Management
5 5 (15.63%) Waterfall
6 4 (12.50%) Change Management
6 4 (12.50%) Data Management
7 3 (9.38%) Enterprise Data Management
8 2 (6.25%) Data Analysis
9 1 (3.13%) ETL
9 1 (3.13%) Business Intelligence
9 1 (3.13%) PRINCE
9 1 (3.13%) User Acceptance Testing
9 1 (3.13%) Service Delivery
Programming Languages
1 3 (9.38%) SQL
2 2 (6.25%) Shell Script
3 1 (3.13%) PL/SQL
Qualifications
1 9 (28.13%) ACCA
1 9 (28.13%) CIMA
2 5 (15.63%) PMP
2 5 (15.63%) PMI Certification
3 1 (3.13%) PRINCE2 Certification
Quality Assurance & Compliance
1 20 (62.50%) COREP
2 10 (31.25%) FATCA
3 8 (25.00%) Sarbanes-Oxley
4 5 (15.63%) CRD IV
5 1 (3.13%) GAAP
5 1 (3.13%) Basel III
5 1 (3.13%) Solvency II
Vendors
1 3 (9.38%) Oracle
2 1 (3.13%) CA
Manchester
Real Staffing
Rate: £500 - £600 per annum + competitive
Posted: 18 hours ago
Manchester
Real Staffing
Rate: £500 - £600 per day + competitive
Posted: 3 days ago
Edinburgh
Orgtel
Rate: £350 - £500 per day
Posted: 9 days ago
Edinburgh
Interquest - ITQ Financial - Tunbridge Wells
Rate: £450 - £500 per day
Posted: 15 days ago
Edinburgh
Orgtel
Rate: £350 - £400 per day
Posted: 16 days ago
City of London
Orgtel
Rate: £450 - £500 per day
Posted: 23 days ago