The table below looks at the statistics for FINREP skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited FINREP over the 3 months to 25 September 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
25 Sep 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank 639 666 632
Rank change year-on-year
+27 -34
Contract jobs citing FINREP 10 4 14
As % of all contract IT jobs located in the UK 0.019% 0.007% 0.024%
As % of the Quality Assurance & Compliance category 0.20% 0.072% 0.26%
Number of daily rates quoted 4 4 10
Median daily rate £525 £606 £538
Median daily rate % change year-on-year
-13.40% +12.79%
90% offered a daily rate of more than £398 £565 £459
10% offered a daily rate of more than £618 £656 £553
UK excluding London median daily rate £450 £613 £525
% change year-on-year
-26.53% +16.66%
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
5045 5593 5438
As % of all contract IT jobs located in the UK 9.54% 9.65% 9.40%
Number of daily rates quoted 3251 3427 3396
Median daily rate £425 £425 £413
Median daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £250 £275 £225
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £413 £376
% change year-on-year
-3.03% +9.63%
Number of hourly rates quoted 195 236 241
Median hourly rate £27.60 £25.12 £20.00
Median hourly rate % change year-on-year
+9.87% +25.60%
90% offered a hourly rate of more than £10.00 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £55.00 £48.80
UK excluding London median hourly rate £30.41 £30.00 £20.00
% change year-on-year
+1.35% +50.00%

FINREP
Jobs Demand Trend

The demand trend of contract jobs citing FINREP as a proportion of all IT contracts with a match in 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 25 September 2016.

FINREP Daily Rate Histogram in the UK

FINREP
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FINREP within the UK over the 3 months to 25 September 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 +26 5 £613 +1.03%
Scotland - 5 £413 - 1
Edinburgh - 5 £413 - 1
London +4 3 £600 -
South West +15 2 £625 -2.91%
Docklands, London - 2 - -
Gloucestershire - 1 - -

FINREP
Top 30 Related IT Skills

For the 6 months to 25 September 2016, IT contractor jobs citing FINREP 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 FINREP.

1 14 (87.50%) Finance
2 10 (62.50%) Migration
2 10 (62.50%) COREP
3 8 (50.00%) Banking
4 7 (43.75%) Stakeholder Management
5 5 (31.25%) Risk Management
6 4 (25.00%) Project Management
6 4 (25.00%) Analytical Skills
7 3 (18.75%) Data Lineage
7 3 (18.75%) Retail
7 3 (18.75%) Data Management
7 3 (18.75%) Data Migration
8 2 (12.50%) Agile Software Development
8 2 (12.50%) Reference Data
8 2 (12.50%) Credit Risk
8 2 (12.50%) User Acceptance Testing
8 2 (12.50%) Stress Testing
8 2 (12.50%) Security Testing
8 2 (12.50%) Integration Testing
8 2 (12.50%) Test Scripting
8 2 (12.50%) HFM
8 2 (12.50%) Basel II
8 2 (12.50%) Hyperion
8 2 (12.50%) SQL
8 2 (12.50%) VB
8 2 (12.50%) SAP
8 2 (12.50%) Data Modelling
8 2 (12.50%) SAS
8 2 (12.50%) Essbase
8 2 (12.50%) Regression Testing

FINREP
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 2 (12.50%) SAS
2 1 (6.25%) CICS
Applications
1 1 (6.25%) MS Excel
1 1 (6.25%) MS Office
Business Applications
1 2 (12.50%) HFM
Database & Business Intelligence
1 2 (12.50%) Essbase
2 1 (6.25%) DB2
2 1 (6.25%) SAS Enterprise Guide
General
1 14 (87.50%) Finance
2 8 (50.00%) Banking
3 3 (18.75%) Retail
4 2 (12.50%) Front Office
5 1 (6.25%) Retail Banking
Job Titles
1 7 (43.75%) Analyst
2 6 (37.50%) Report Manager
3 5 (31.25%) Business Analyst
4 4 (25.00%) Project Manager
4 4 (25.00%) Risk Analyst
5 3 (18.75%) Risk Business Analyst
6 2 (12.50%) Data Analyst
6 2 (12.50%) Finance Business Analyst
6 2 (12.50%) Financial Analyst
6 2 (12.50%) Financial Controller
6 2 (12.50%) IT Manager
6 2 (12.50%) IT Project Manager
6 2 (12.50%) Liquidity Business Analyst
6 2 (12.50%) Regulatory Business Analyst
6 2 (12.50%) Regulatory Reporting Business Analyst
6 2 (12.50%) Report Analyst
6 2 (12.50%) Retail Banking Project Manager
7 1 (6.25%) Credit Risk Analyst
7 1 (6.25%) Finance Project Manager
7 1 (6.25%) Financial Services Business Analyst
Libraries, Frameworks & Software Standards
1 1 (6.25%) Middleware
1 1 (6.25%) Web Services
Miscellaneous
1 4 (25.00%) Analytical Skills
2 2 (12.50%) Credit Risk
2 2 (12.50%) Management Information System
2 2 (12.50%) Reference Data
3 1 (6.25%) SWIFT
3 1 (6.25%) Taxonomies
Processes & Methodologies
1 10 (62.50%) Migration
2 7 (43.75%) Stakeholder Management
3 5 (31.25%) Risk Management
4 4 (25.00%) Project Management
5 3 (18.75%) Data Lineage
5 3 (18.75%) Data Management
5 3 (18.75%) Data Migration
6 2 (12.50%) Agile Software Development
6 2 (12.50%) Credit Risk Management
6 2 (12.50%) Data Modelling
6 2 (12.50%) Disaster Recovery
6 2 (12.50%) Integration Testing
6 2 (12.50%) Regression Testing
6 2 (12.50%) Security Testing
6 2 (12.50%) Stress Testing
6 2 (12.50%) System Integration Testing
6 2 (12.50%) Test Scripting
6 2 (12.50%) Translating Business Requirements
6 2 (12.50%) User Acceptance Testing
7 1 (6.25%) PDM
Programming Languages
1 2 (12.50%) SQL
1 2 (12.50%) VB
2 1 (6.25%) COBOL
2 1 (6.25%) JCL
Quality Assurance & Compliance
1 10 (62.50%) COREP
2 2 (12.50%) Basel II
3 1 (6.25%) SEPA
Vendors
1 2 (12.50%) Hyperion
1 2 (12.50%) SAP