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 27 May 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
27 May 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank 640 597 591
Rank change year-on-year
-43 -6
Contract jobs citing FINREP 16 30 24
As % of all contract IT jobs located in the UK 0.029% 0.055% 0.046%
As % of the Quality Assurance & Compliance category 0.32% 0.59% 0.49%
Number of daily rates quoted 14 23 20
Median daily rate £423 £575 £525
Median daily rate % change year-on-year
-26.52% +9.47%
90% offered a daily rate of more than £330 £350 £393
10% offered a daily rate of more than £675 £690 £628
UK excluding London median daily rate £413 £550 £477
% change year-on-year
-25.00% +15.24%
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
4991 5107 4925
As % of all contract IT jobs located in the UK 9.15% 9.39% 9.34%
Number of daily rates quoted 3180 3246 3014
Median daily rate £425 £413 £400
Median daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £260 £260 £245
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £375 £363
% change year-on-year
+6.66% +3.44%
Number of hourly rates quoted 195 168 236
Median hourly rate £25.75 £21.55 £21.25
Median hourly rate % change year-on-year
+19.48% +1.41%
90% offered a hourly rate of more than £11.71 £12.00 £11.50
10% offered a hourly rate of more than £50.50 £57.00 £43.75
UK excluding London median hourly rate £28.25 £22.75 £21.00
% change year-on-year
+24.17% +8.33%

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 27 May 2016.

FINREP Daily Rate Histogram in the UK

FINREP
Top 10 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 27 May 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 -32 12 £540 -10.00% 2
North East - 5 £540 -
London -12 4 £675 +12.50% 2
Edinburgh -1 2 £330 +3.12%
Scotland -19 2 £330 -5.71%
Halifax - 2 £405 -
West Yorkshire - 2 £405 -
Tyne and Wear - 2 £330 -
Newcastle upon Tyne - 2 £330 -
Yorkshire - 2 £405 -

FINREP
Top 30 Related IT Skills

For the 6 months to 27 May 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 15 (65.22%) Finance
2 14 (60.87%) COREP
3 10 (43.48%) SAS
4 9 (39.13%) Project Management
5 8 (34.78%) Risk Management
6 7 (30.43%) Banking
6 7 (30.43%) Credit Risk
7 6 (26.09%) Data Management
7 6 (26.09%) Front Office
7 6 (26.09%) SAS Enterprise Guide
7 6 (26.09%) Analytics
8 5 (21.74%) Stakeholder Management
9 4 (17.39%) Data Architecture
9 4 (17.39%) Risk Analytics
9 4 (17.39%) Test Scripting
9 4 (17.39%) Cash Management
9 4 (17.39%) SAS Data Integration Studio
10 3 (13.04%) Translating Business Requirements
10 3 (13.04%) Analytical Skills
10 3 (13.04%) Data Quality
10 3 (13.04%) Security Testing
10 3 (13.04%) Agile Software Development
10 3 (13.04%) Retail
10 3 (13.04%) Legal
10 3 (13.04%) Migration
10 3 (13.04%) Back Office
10 3 (13.04%) Disaster Recovery
10 3 (13.04%) Management Information System
10 3 (13.04%) Basel II
10 3 (13.04%) ITIL

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 10 (43.48%) SAS
2 1 (4.35%) CICS
Applications
1 3 (13.04%) MS Excel
2 2 (8.70%) MS PowerPoint
2 2 (8.70%) MS Project
3 1 (4.35%) MS Office
Database & Business Intelligence
1 6 (26.09%) SAS Enterprise Guide
2 4 (17.39%) SAS Data Integration Studio
3 3 (13.04%) Data Warehouse
4 1 (4.35%) DB2
General
1 15 (65.22%) Finance
2 7 (30.43%) Banking
3 6 (26.09%) Front Office
4 3 (13.04%) Back Office
4 3 (13.04%) Legal
4 3 (13.04%) Retail
5 1 (4.35%) Investment Banking
Job Titles
1 17 (73.91%) Analyst
2 8 (34.78%) Business Analyst
3 7 (30.43%) Senior Analyst
4 6 (26.09%) Risk Analyst
5 5 (21.74%) Project Manager
5 5 (21.74%) SAS Analyst
6 4 (17.39%) Report Analyst
6 4 (17.39%) Senior SAS Analyst
7 3 (13.04%) Data Analyst
7 3 (13.04%) Liquidity Business Analyst
7 3 (13.04%) Regulatory Business Analyst
7 3 (13.04%) Regulatory Reporting Business Analyst
7 3 (13.04%) Risk Business Analyst
8 2 (8.70%) IT Manager
8 2 (8.70%) IT Project Manager
8 2 (8.70%) Lead Business Analyst
8 2 (8.70%) Report Manager
8 2 (8.70%) Senior Risk Analyst
9 1 (4.35%) Senior Business Analyst
9 1 (4.35%) Test Manager
Libraries, Frameworks & Software Standards
1 1 (4.35%) Middleware
1 1 (4.35%) Web Services
Miscellaneous
1 7 (30.43%) Credit Risk
2 3 (13.04%) Analytical Skills
2 3 (13.04%) Management Information System
3 1 (4.35%) SWIFT
3 1 (4.35%) Taxonomies
Operating Systems
1 1 (4.35%) Unix
Processes & Methodologies
1 9 (39.13%) Project Management
2 8 (34.78%) Risk Management
3 6 (26.09%) Analytics
3 6 (26.09%) Data Management
4 5 (21.74%) Stakeholder Management
5 4 (17.39%) Cash Management
5 4 (17.39%) Data Architecture
5 4 (17.39%) Risk Analytics
5 4 (17.39%) Test Scripting
6 3 (13.04%) Agile Software Development
6 3 (13.04%) BPR
6 3 (13.04%) Disaster Recovery
6 3 (13.04%) ITIL
6 3 (13.04%) Migration
6 3 (13.04%) Security Testing
6 3 (13.04%) Translating Business Requirements
7 2 (8.70%) Programme Management
7 2 (8.70%) Project Planning
7 2 (8.70%) Systems Analysis
8 1 (4.35%) Business Analysis
Programming Languages
1 2 (8.70%) SQL
2 1 (4.35%) COBOL
2 1 (4.35%) JCL
2 1 (4.35%) Shell Script
Qualifications
1 1 (4.35%) ISTQB
Quality Assurance & Compliance
1 14 (60.87%) COREP
2 3 (13.04%) Basel II
2 3 (13.04%) Data Quality
3 2 (8.70%) CRD IV
4 1 (4.35%) COSO
4 1 (4.35%) SEPA
Systems Management
1 1 (4.35%) HP Quality Center
Vendors
1 1 (4.35%) HP
1 1 (4.35%) Oracle