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 18 April 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
18 Apr 2014
Same period 2013 Same period 2012
Financial Reporting (FINREP)
Rank 547 543 567
Rank change year-on-year
-4 +24
Contract jobs citing FINREP 40 1 21
As % of all contract IT jobs located in the UK 0.071% 0.002% 0.035%
As % of the Quality Assurance & Compliance category 0.91% 0.028% 0.46%
Number of daily rates quoted 30 0 17
Average daily rate £550 - £600
90% offered a daily rate of more than £445 - £525
10% offered a daily rate of more than £660 - £800
UK excluding London average daily rate £600 - -
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
4414 3599 4540
As % of all contract IT jobs located in the UK 7.84% 7.54% 7.49%
Number of daily rates quoted 2669 2121 2478
Average daily rate £400 £400 £425
Average daily rate % change year-on-year
- -5.88%
90% offered a daily rate of more than £246 £225 £225
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £365 £330 £350
% change year-on-year
+10.60% -5.71%
Number of hourly rates quoted 189 144 240
Average hourly rate £19.00 £18.70 £16.86
Average hourly rate % change year-on-year
+1.60% +10.91%
90% offered a hourly rate of more than £10.86 £10.50 £11.08
10% offered a hourly rate of more than £45.86 £55.00 £35.70
UK excluding London average hourly rate £18.00 £15.25 £16.43
% change year-on-year
+18.03% -7.15%

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 18 April 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 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
England -53 35 £550 - 5
London -3 21 £550 - 4
South West - 13 £600 - 1
Wiltshire - 12 £600 -
Swindon - 9 £600 -
City of London - 6 £538 - 1

FINREP
Top 30 Related IT Skills

For the 6 months to 18 April 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 55 (84.62%) COREP
2 41 (63.08%) Finance
3 38 (58.46%) Basel III
4 37 (56.92%) Banking
5 30 (46.15%) Business Analysis
5 30 (46.15%) CRD IV
6 28 (43.08%) SQL
7 17 (26.15%) User Acceptance Testing
8 16 (24.62%) Data Mapping
8 16 (24.62%) Investment Banking
9 15 (23.08%) Risk Management
10 14 (21.54%) QA
11 12 (18.46%) Data Analysis
12 11 (16.92%) Migration
13 9 (13.85%) Validation
14 8 (12.31%) Management Information System
14 8 (12.31%) Data Warehouse
14 8 (12.31%) Credit Risk
15 7 (10.77%) Stakeholder Engagement
15 7 (10.77%) Derivative
16 6 (9.23%) Agile Software Development
16 6 (9.23%) Financial Institution
17 5 (7.69%) MS Excel
17 5 (7.69%) UML
17 5 (7.69%) VBA
17 5 (7.69%) Microsoft
17 5 (7.69%) Market Risk
17 5 (7.69%) TDD
17 5 (7.69%) Credit Derivative
18 4 (6.15%) Data Management

FINREP
Top Related IT Skills by Category

For the 6 months to 18 April 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 (1.54%) SAP Portal
Applications
1 5 (7.69%) MS Excel
2 3 (4.62%) MS Project
2 3 (4.62%) MS PowerPoint
3 2 (3.08%) MS Visio
4 1 (1.54%) MS Office
Business Applications
1 1 (1.54%) SAP CO
1 1 (1.54%) Oracle Financials
1 1 (1.54%) SAP R/3
1 1 (1.54%) SAP FI
1 1 (1.54%) SAP ERP
1 1 (1.54%) SAP Bank Analyzer
1 1 (1.54%) SAP FI/CO
Database & Business Intelligence
1 8 (12.31%) Data Warehouse
2 2 (3.08%) Data Mart
2 2 (3.08%) SQL Server 2008
2 2 (3.08%) SQL Server
3 1 (1.54%) SAP BI
3 1 (1.54%) SAP BW
3 1 (1.54%) Oracle Database 11g
3 1 (1.54%) Oracle Database
3 1 (1.54%) Relational Database
Development Applications
1 1 (1.54%) JIRA
General
1 41 (63.08%) Finance
2 37 (56.92%) Banking
3 16 (24.62%) Investment Banking
4 6 (9.23%) Financial Institution
5 3 (4.62%) International Banking
6 2 (3.08%) Back Office
7 1 (1.54%) Legal
7 1 (1.54%) French Language
7 1 (1.54%) Marketing
7 1 (1.54%) General Ledger
Job Titles
1 44 (67.69%) Analyst
2 42 (64.62%) Business Analyst
3 9 (13.85%) Consultant
4 8 (12.31%) Report Analyst
4 8 (12.31%) Banking Business Analyst
5 7 (10.77%) Financial Business Analyst
6 6 (9.23%) Investment Banking Business Analyst
7 5 (7.69%) Project Manager
8 4 (6.15%) Senior Analyst
8 4 (6.15%) Senior Business Analyst
9 3 (4.62%) Security Consultant
9 3 (4.62%) Lead Business Analyst
9 3 (4.62%) Test Consultant
9 3 (4.62%) Information Security Consultant
10 2 (3.08%) Business Data Analyst
10 2 (3.08%) Architect
10 2 (3.08%) Data Analyst
10 2 (3.08%) Developer
11 1 (1.54%) Senior Consultant
11 1 (1.54%) Business Developer
Libraries, Frameworks & Software Standards
1 1 (1.54%) .NET
1 1 (1.54%) XBRL
Miscellaneous
1 8 (12.31%) Management Information System
1 8 (12.31%) Credit Risk
2 7 (10.77%) Derivative
3 5 (7.69%) Market Risk
3 5 (7.69%) Credit Derivative
4 1 (1.54%) Foreign Exchange (FX)
4 1 (1.54%) Reference Data
4 1 (1.54%) Data Conversion
4 1 (1.54%) Data Integration
4 1 (1.54%) Mathematics
4 1 (1.54%) Physics
4 1 (1.54%) Computer Science
4 1 (1.54%) PDA
4 1 (1.54%) Equities
Operating Systems
1 3 (4.62%) UNIX
Processes & Methodologies
1 30 (46.15%) Business Analysis
2 17 (26.15%) User Acceptance Testing
3 16 (24.62%) Data Mapping
4 15 (23.08%) Risk Management
5 12 (18.46%) Data Analysis
6 11 (16.92%) Migration
7 9 (13.85%) Validation
8 7 (10.77%) Stakeholder Engagement
9 6 (9.23%) Agile Software Development
10 5 (7.69%) UML
10 5 (7.69%) TDD
11 4 (6.15%) Data Management
11 4 (6.15%) Stakeholder Management
11 4 (6.15%) Data Architecture
11 4 (6.15%) Project Management
11 4 (6.15%) Analytics
12 3 (4.62%) GAP Analysis
12 3 (4.62%) Data Security
12 3 (4.62%) Change Management
12 3 (4.62%) Information Security
Programming Languages
1 28 (43.08%) SQL
2 5 (7.69%) VBA
3 2 (3.08%) Shell Script
4 1 (1.54%) PL/SQL
Qualifications
1 3 (4.62%) CIMA
1 3 (4.62%) ACCA
2 2 (3.08%) Degree
2 2 (3.08%) CISSP
2 2 (3.08%) CISM
3 1 (1.54%) SAP Certification
3 1 (1.54%) PMP
3 1 (1.54%) PMI Certification
Quality Assurance & Compliance
1 55 (84.62%) COREP
2 38 (58.46%) Basel III
3 30 (46.15%) CRD IV
4 14 (21.54%) QA
5 4 (6.15%) Sarbanes-Oxley
5 4 (6.15%) Dodd-Frank
5 4 (6.15%) FATCA
5 4 (6.15%) EMIR
6 3 (4.62%) Basel II
7 1 (1.54%) Solvency II
7 1 (1.54%) MiFID
Systems Management
1 1 (1.54%) HP Quality Center
Vendors
1 5 (7.69%) Microsoft
2 4 (6.15%) Oracle
3 3 (4.62%) SAP
4 1 (1.54%) ReadSoft
4 1 (1.54%) Business Objects
4 1 (1.54%) Cognos
4 1 (1.54%) HP
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: Yesterday
London
Orgtel
Rate: £400 - £460 per day
Posted: 6 days ago
Edinburgh
Orgtel
Rate: £500 - £600 per day
Posted: 14 days ago
Edinburgh
Real Staffing
Rate: £500 - £600 per day
Posted: 14 days ago
London
Real Staffing
Rate: £500 - £600 per day
Posted: 17 days ago
Bristol
Orgtel
Rate: £400 - £459 per day
Posted: 25 days ago