The first table below looks at the demand 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 30 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Quality Assurance & Compliance category.

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
30 Jul 2014
Same period 2013 Same period 2012
Financial Reporting (FINREP)
Rank 577 541 579
Rank change year-on-year
-36 +38
Contract jobs citing FINREP 11 22 10
As % of all contract IT jobs located in the UK 0.020% 0.043% 0.017%
As % of the Quality Assurance & Compliance category 0.26% 0.57% 0.23%
Number of daily rates quoted 8 21 4
Average daily rate
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£513 £575 £450
Average daily rate % change year-on-year
-10.78% +27.77%
UK excluding London average daily rate £526 £575 £450
% change year-on-year
-8.60% +27.77%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4280 3839 4419
As % of all contract IT jobs located in the UK 7.83% 7.51% 7.65%
Number of daily rates quoted 2596 2293 2387
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £230 £275 £249
10% offered a daily rate of more than £550 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 196 146 246
Average hourly rate £20.00 £17.50 £19.00
Average hourly rate % change year-on-year
+14.28% -7.89%
90% offered a hourly rate of more than £12.50 £10.00 £11.00
10% offered a hourly rate of more than £42.60 £40.00 £39.00
UK excluding London average hourly rate £20.50 £17.50 £20.00
% change year-on-year
+17.14% -12.50%

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 30 July 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 30 July 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 -42 10 £513 -10.78% 3
South West -15 7 £526 -12.41%
Swindon - 7 £526 -
Wiltshire - 7 £526 -
London +1 3 £320 -41.81% 3
City of London - - - - 2

FINREP
Top 30 Related IT Skills

For the 6 months to 30 July 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 39 (84.78%) Finance
2 35 (76.09%) COREP
3 21 (45.65%) Banking
4 20 (43.48%) Basel III
5 19 (41.30%) SQL
6 17 (36.96%) CRD IV
7 16 (34.78%) Business Analysis
8 10 (21.74%) Data Warehouse
9 9 (19.57%) ACCA
9 9 (19.57%) Data Analysis
9 9 (19.57%) CIMA
9 9 (19.57%) User Acceptance Testing
10 8 (17.39%) Data Mapping
10 8 (17.39%) GAP Analysis
10 8 (17.39%) Sarbanes-Oxley
11 7 (15.22%) Requirements Analysis
12 6 (13.04%) QA
12 6 (13.04%) Stakeholder Engagement
12 6 (13.04%) Risk Management
13 5 (10.87%) VBA
13 5 (10.87%) FATCA
14 4 (8.70%) Analytics
14 4 (8.70%) Data Architecture
14 4 (8.70%) Credit Risk
14 4 (8.70%) SQL Server
14 4 (8.70%) Data Management
15 3 (6.52%) Migration
15 3 (6.52%) Investment Banking
15 3 (6.52%) Financial Institution
15 3 (6.52%) Agile Software Development

FINREP
Top Related IT Skills by Category

For the 6 months to 30 July 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 (4.35%) SAS
Applications
1 1 (2.17%) MS PowerPoint
1 1 (2.17%) MS Project
1 1 (2.17%) MS Visio
Business Applications
1 1 (2.17%) Oracle Financials
Database & Business Intelligence
1 10 (21.74%) Data Warehouse
2 4 (8.70%) SQL Server
3 2 (4.35%) Data Mining
3 2 (4.35%) Data Mart
3 2 (4.35%) SQL Server 2008
4 1 (2.17%) Base SAS
4 1 (2.17%) Oracle Database
4 1 (2.17%) Relational Database
4 1 (2.17%) Oracle Database 11g
Development Applications
1 1 (2.17%) JIRA
General
1 39 (84.78%) Finance
2 21 (45.65%) Banking
3 3 (6.52%) Investment Banking
3 3 (6.52%) Financial Institution
4 1 (2.17%) Marketing
4 1 (2.17%) French Language
4 1 (2.17%) Legal
4 1 (2.17%) Back Office
Job Titles
1 31 (67.39%) Analyst
2 30 (65.22%) Business Analyst
3 9 (19.57%) Senior Business Analyst
3 9 (19.57%) Senior Analyst
4 5 (10.87%) Consultant
5 4 (8.70%) Financial Business Analyst
6 3 (6.52%) Information Security Consultant
6 3 (6.52%) Project Manager
6 3 (6.52%) Security Consultant
7 2 (4.35%) Developer
7 2 (4.35%) Data Analyst
7 2 (4.35%) Financial Analyst
7 2 (4.35%) Business Data Analyst
8 1 (2.17%) Data Integration Consultant
8 1 (2.17%) Risk Consultant
8 1 (2.17%) Senior Information Security Consultant
8 1 (2.17%) Data Consultant
8 1 (2.17%) Senior Security Consultant
8 1 (2.17%) IT Business Analyst
8 1 (2.17%) Integration Consultant
Libraries, Frameworks & Software Standards
1 1 (2.17%) .NET
1 1 (2.17%) XBRL
Miscellaneous
1 4 (8.70%) Credit Risk
2 2 (4.35%) Derivative
3 1 (2.17%) Data Conversion
3 1 (2.17%) Data Integration
3 1 (2.17%) Market Risk
3 1 (2.17%) Foreign Exchange (FX)
Operating Systems
1 1 (2.17%) UNIX
Processes & Methodologies
1 16 (34.78%) Business Analysis
2 9 (19.57%) Data Analysis
2 9 (19.57%) User Acceptance Testing
3 8 (17.39%) Data Mapping
3 8 (17.39%) GAP Analysis
4 7 (15.22%) Requirements Analysis
5 6 (13.04%) Stakeholder Engagement
5 6 (13.04%) Risk Management
6 4 (8.70%) Analytics
6 4 (8.70%) Data Architecture
6 4 (8.70%) Data Management
7 3 (6.52%) Migration
7 3 (6.52%) Agile Software Development
7 3 (6.52%) Data Security
7 3 (6.52%) Information Security
7 3 (6.52%) Data Modelling
8 2 (4.35%) ETL
8 2 (4.35%) UML
8 2 (4.35%) Project Management
8 2 (4.35%) Change Management
Programming Languages
1 19 (41.30%) SQL
2 5 (10.87%) VBA
3 1 (2.17%) PL/SQL
Qualifications
1 9 (19.57%) ACCA
1 9 (19.57%) CIMA
2 2 (4.35%) CISSP
2 2 (4.35%) CISM
3 1 (2.17%) Degree
Quality Assurance & Compliance
1 35 (76.09%) COREP
2 20 (43.48%) Basel III
3 17 (36.96%) CRD IV
4 8 (17.39%) Sarbanes-Oxley
5 6 (13.04%) QA
6 5 (10.87%) FATCA
7 2 (4.35%) Basel II
8 1 (2.17%) EMIR
8 1 (2.17%) Solvency II
8 1 (2.17%) Dodd-Frank
8 1 (2.17%) GAAP
Systems Management
1 1 (2.17%) HP Quality Center
Vendors
1 2 (4.35%) SAP
1 2 (4.35%) Oracle
2 1 (2.17%) CA
2 1 (2.17%) Business Objects
2 1 (2.17%) Cognos
2 1 (2.17%) Microsoft
2 1 (2.17%) HP
City, London
Aston Carter
Rate: market rate
Posted: 18 hours ago
London
Hays IT - Uk Posting account
Rate: £550.00 - £608.00 per annum
Posted: 19 hours ago
Edinburgh
Orgtel
Rate: £380 - £480 per day
Posted: 7 days ago
City of London
Orgtel
Rate: £350 - £400 per day + competitive
Posted: 11 days ago