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 22 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
22 Jul 2014
Same period 2013 Same period 2012
Financial Reporting (FINREP)
Rank 560 545 583
Rank change year-on-year
-15 +38
Contract jobs citing FINREP 12 21 8
As % of all contract IT jobs located in the UK 0.023% 0.041% 0.014%
As % of the Quality Assurance & Compliance category 0.29% 0.55% 0.18%
Number of daily rates quoted 9 19 1
Average daily rate
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£501 £575 £550
Average daily rate % change year-on-year
-12.95% +4.54%
UK excluding London average daily rate £513 £575 -
% change year-on-year
-10.78% -
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
4157 3819 4446
As % of all contract IT jobs located in the UK 7.83% 7.51% 7.68%
Number of daily rates quoted 2516 2272 2329
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 £250
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 188 151 248
Average hourly rate £20.00 £19.00 £18.00
Average hourly rate % change year-on-year
+5.26% +5.55%
90% offered a hourly rate of more than £12.50 £9.75 £11.00
10% offered a hourly rate of more than £42.50 £42.50 £38.00
UK excluding London average hourly rate £20.06 £17.50 £18.00
% change year-on-year
+14.64% -2.77%

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 22 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 22 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 -18 10 £513 -10.78% 3
Swindon +8 7 £526 +25.11%
Wiltshire -2 7 £526 +25.11%
South West -24 7 £526 -12.41%
London +6 3 £320 -44.34% 3
City of London - - - - 1

FINREP
Top 30 Related IT Skills

For the 6 months to 22 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 41 (82.00%) Finance
2 40 (80.00%) COREP
3 24 (48.00%) Basel III
3 24 (48.00%) Banking
4 21 (42.00%) SQL
5 19 (38.00%) CRD IV
6 18 (36.00%) Business Analysis
7 10 (20.00%) Data Analysis
7 10 (20.00%) User Acceptance Testing
7 10 (20.00%) Data Warehouse
8 9 (18.00%) ACCA
8 9 (18.00%) CIMA
8 9 (18.00%) Data Mapping
9 8 (16.00%) GAP Analysis
9 8 (16.00%) Sarbanes-Oxley
10 7 (14.00%) Risk Management
10 7 (14.00%) Stakeholder Engagement
10 7 (14.00%) Requirements Analysis
10 7 (14.00%) QA
11 5 (10.00%) Investment Banking
11 5 (10.00%) FATCA
11 5 (10.00%) Credit Risk
11 5 (10.00%) VBA
12 4 (8.00%) SQL Server
12 4 (8.00%) Migration
12 4 (8.00%) Data Architecture
12 4 (8.00%) Analytics
12 4 (8.00%) Data Management
12 4 (8.00%) Agile Software Development
13 3 (6.00%) TDD

FINREP
Top Related IT Skills by Category

For the 6 months to 22 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 1 (2.00%) SAP Portal
1 1 (2.00%) SAS
Applications
1 1 (2.00%) MS PowerPoint
1 1 (2.00%) MS Project
1 1 (2.00%) MS Visio
Business Applications
1 1 (2.00%) SAP ERP
1 1 (2.00%) SAP Bank Analyzer
1 1 (2.00%) SAP CO
1 1 (2.00%) SAP FI/CO
1 1 (2.00%) SAP R/3
1 1 (2.00%) SAP FI
1 1 (2.00%) Oracle Financials
Database & Business Intelligence
1 10 (20.00%) Data Warehouse
2 4 (8.00%) SQL Server
3 2 (4.00%) Data Mining
3 2 (4.00%) Data Mart
3 2 (4.00%) SQL Server 2008
4 1 (2.00%) Oracle Database
4 1 (2.00%) Relational Database
4 1 (2.00%) Oracle Database 11g
4 1 (2.00%) SAP BW
4 1 (2.00%) SAP BI
Development Applications
1 1 (2.00%) JIRA
General
1 41 (82.00%) Finance
2 24 (48.00%) Banking
3 5 (10.00%) Investment Banking
4 3 (6.00%) Financial Institution
5 1 (2.00%) Marketing
5 1 (2.00%) French Language
5 1 (2.00%) General Ledger
5 1 (2.00%) Back Office
5 1 (2.00%) Legal
Job Titles
1 35 (70.00%) Analyst
2 33 (66.00%) Business Analyst
3 9 (18.00%) Senior Business Analyst
3 9 (18.00%) Senior Analyst
4 5 (10.00%) Financial Business Analyst
4 5 (10.00%) Consultant
5 3 (6.00%) Information Security Consultant
5 3 (6.00%) Project Manager
5 3 (6.00%) Security Consultant
6 2 (4.00%) Architect
6 2 (4.00%) Data Analyst
6 2 (4.00%) Financial Analyst
6 2 (4.00%) Business Data Analyst
7 1 (2.00%) Risk Consultant
7 1 (2.00%) Senior Information Security Consultant
7 1 (2.00%) Data Integration Consultant
7 1 (2.00%) Data Consultant
7 1 (2.00%) PMO Analyst
7 1 (2.00%) Banking Business Analyst
7 1 (2.00%) SAP Architect
Libraries, Frameworks & Software Standards
1 1 (2.00%) .NET
1 1 (2.00%) XBRL
Miscellaneous
1 5 (10.00%) Credit Risk
2 2 (4.00%) Derivative
3 1 (2.00%) Data Conversion
3 1 (2.00%) Market Risk
3 1 (2.00%) Data Integration
3 1 (2.00%) Management Information System
3 1 (2.00%) Foreign Exchange (FX)
Operating Systems
1 1 (2.00%) UNIX
Processes & Methodologies
1 18 (36.00%) Business Analysis
2 10 (20.00%) Data Analysis
2 10 (20.00%) User Acceptance Testing
3 9 (18.00%) Data Mapping
4 8 (16.00%) GAP Analysis
5 7 (14.00%) Risk Management
5 7 (14.00%) Stakeholder Engagement
5 7 (14.00%) Requirements Analysis
6 4 (8.00%) Migration
6 4 (8.00%) Data Architecture
6 4 (8.00%) Analytics
6 4 (8.00%) Data Management
6 4 (8.00%) Agile Software Development
7 3 (6.00%) TDD
7 3 (6.00%) Information Security
7 3 (6.00%) Data Security
7 3 (6.00%) Data Modelling
7 3 (6.00%) UML
8 2 (4.00%) ERP
8 2 (4.00%) Project Management
Programming Languages
1 21 (42.00%) SQL
2 5 (10.00%) VBA
3 1 (2.00%) PL/SQL
Qualifications
1 9 (18.00%) ACCA
1 9 (18.00%) CIMA
2 2 (4.00%) CISSP
2 2 (4.00%) CISM
3 1 (2.00%) Degree
3 1 (2.00%) SAP Certification
Quality Assurance & Compliance
1 40 (80.00%) COREP
2 24 (48.00%) Basel III
3 19 (38.00%) CRD IV
4 8 (16.00%) Sarbanes-Oxley
5 7 (14.00%) QA
6 5 (10.00%) FATCA
7 3 (6.00%) Basel II
8 1 (2.00%) Solvency II
8 1 (2.00%) EMIR
8 1 (2.00%) Dodd-Frank
8 1 (2.00%) GAAP
Systems Management
1 1 (2.00%) HP Quality Center
Vendors
1 3 (6.00%) SAP
2 2 (4.00%) Oracle
3 1 (2.00%) ReadSoft
3 1 (2.00%) Business Objects
3 1 (2.00%) Microsoft
3 1 (2.00%) HP
3 1 (2.00%) CA
3 1 (2.00%) Cognos
City of London
Orgtel
Rate: £350 - £400 per day + competitive
Posted: 4 days ago
Edinburgh, Midlothian
Search Consultancy
Posted: 6 days ago
London
McGregor Boyall
Posted: 6 days ago
London
Orgtel
Rate: £400 - £500 per day
Posted: 27 days ago