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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Financial Reporting (FINREP)
Rank 638 629 591
Rank change year-on-year
-9 -38
Contract jobs citing FINREP 5 17 12
As % of all contract IT jobs located in the UK 0.009% 0.030% 0.023%
As % of the Quality Assurance & Compliance category 0.097% 0.32% 0.24%
Number of daily rates quoted 4 14 9
Median daily rate £435 £588 £501
Median daily rate % change year-on-year
-25.95% +17.38%
90% offered a daily rate of more than £396 £525 £384
10% offered a daily rate of more than £608 £638 £550
UK excluding London median daily rate £420 £575 £513
% change year-on-year
-26.95% +12.08%
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
5136 5396 5004
As % of all contract IT jobs located in the UK 9.49% 9.48% 9.42%
Number of daily rates quoted 3266 3504 3053
Median daily rate £425 £425 £405
Median daily rate % change year-on-year
- +4.93%
90% offered a daily rate of more than £243 £250 £240
10% offered a daily rate of more than £576 £600 £550
UK excluding London median daily rate £400 £399 £375
% change year-on-year
+0.19% +6.45%
Number of hourly rates quoted 200 196 204
Median hourly rate £27.60 £21.67 £20.00
Median hourly rate % change year-on-year
+27.39% +8.32%
90% offered a hourly rate of more than £10.22 £12.50 £12.50
10% offered a hourly rate of more than £47.50 £55.50 £43.00
UK excluding London median hourly rate £28.00 £22.50 £20.17
% change year-on-year
+24.44% +11.57%

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 24 July 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 24 July 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 -25 3 £530 -11.66% 1
London 0 2 £675 +12.50% 1
Scotland +4 1 £450 +40.62%
Edinburgh -5 1 £450 +40.62%
Halifax - 1 £385 -
West Yorkshire - 1 £385 -
Yorkshire - 1 £385 -

FINREP
Top 30 Related IT Skills

For the 6 months to 24 July 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 (63.64%) Finance
1 14 (63.64%) COREP
2 10 (45.45%) Project Management
3 9 (40.91%) SAS
4 8 (36.36%) Risk Management
5 7 (31.82%) Data Management
5 7 (31.82%) Credit Risk
6 6 (27.27%) Front Office
6 6 (27.27%) SAS Enterprise Guide
6 6 (27.27%) Analytics
7 5 (22.73%) Banking
8 4 (18.18%) Test Scripting
8 4 (18.18%) Cash Management
8 4 (18.18%) Stakeholder Management
8 4 (18.18%) SAS Data Integration Studio
8 4 (18.18%) Data Architecture
8 4 (18.18%) Risk Analytics
9 3 (13.64%) Data Quality
9 3 (13.64%) Analytical Skills
9 3 (13.64%) Translating Business Requirements
9 3 (13.64%) Back Office
9 3 (13.64%) Legal
9 3 (13.64%) Migration
9 3 (13.64%) Disaster Recovery
9 3 (13.64%) Management Information System
9 3 (13.64%) Basel II
9 3 (13.64%) BPR
9 3 (13.64%) ITIL
9 3 (13.64%) MS Excel
9 3 (13.64%) Data Warehouse

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 9 (40.91%) SAS
2 1 (4.55%) CICS
Applications
1 3 (13.64%) MS Excel
2 2 (9.09%) MS PowerPoint
2 2 (9.09%) MS Project
3 1 (4.55%) MS Office
Database & Business Intelligence
1 6 (27.27%) SAS Enterprise Guide
2 4 (18.18%) SAS Data Integration Studio
3 3 (13.64%) Data Warehouse
4 1 (4.55%) DB2
General
1 14 (63.64%) Finance
2 6 (27.27%) Front Office
3 5 (22.73%) Banking
4 3 (13.64%) Back Office
4 3 (13.64%) Legal
4 3 (13.64%) Retail
Job Titles
1 15 (68.18%) Analyst
2 7 (31.82%) Business Analyst
2 7 (31.82%) Senior Analyst
3 6 (27.27%) Project Manager
3 6 (27.27%) Risk Analyst
4 5 (22.73%) SAS Analyst
5 4 (18.18%) Senior SAS Analyst
6 3 (13.64%) Data Analyst
6 3 (13.64%) IT Manager
6 3 (13.64%) IT Project Manager
6 3 (13.64%) Liquidity Business Analyst
6 3 (13.64%) Regulatory Business Analyst
6 3 (13.64%) Regulatory Reporting Business Analyst
6 3 (13.64%) Report Analyst
6 3 (13.64%) Report Manager
6 3 (13.64%) Risk Business Analyst
7 2 (9.09%) Lead Business Analyst
7 2 (9.09%) Senior Risk Analyst
8 1 (4.55%) Credit Risk Analyst
8 1 (4.55%) Data Quality Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) Middleware
1 1 (4.55%) Web Services
Miscellaneous
1 7 (31.82%) Credit Risk
2 3 (13.64%) Analytical Skills
2 3 (13.64%) Management Information System
3 2 (9.09%) Virtual Team
4 1 (4.55%) SWIFT
4 1 (4.55%) Taxonomies
Processes & Methodologies
1 10 (45.45%) Project Management
2 8 (36.36%) Risk Management
3 7 (31.82%) Data Management
4 6 (27.27%) Analytics
5 4 (18.18%) Cash Management
5 4 (18.18%) Data Architecture
5 4 (18.18%) Risk Analytics
5 4 (18.18%) Stakeholder Management
5 4 (18.18%) Test Scripting
6 3 (13.64%) Agile Software Development
6 3 (13.64%) BPR
6 3 (13.64%) Disaster Recovery
6 3 (13.64%) ITIL
6 3 (13.64%) Migration
6 3 (13.64%) Security Testing
6 3 (13.64%) Translating Business Requirements
7 2 (9.09%) Credit Risk Management
7 2 (9.09%) Data Lineage
7 2 (9.09%) Programme Management
7 2 (9.09%) Systems Analysis
Programming Languages
1 2 (9.09%) SQL
2 1 (4.55%) COBOL
2 1 (4.55%) JCL
Qualifications
1 1 (4.55%) ISTQB
Quality Assurance & Compliance
1 14 (63.64%) COREP
2 3 (13.64%) Basel II
2 3 (13.64%) Data Quality
3 2 (9.09%) CRD IV
4 1 (4.55%) COSO
4 1 (4.55%) SEPA
Systems Management
1 1 (4.55%) HP Quality Center
Vendors
1 1 (4.55%) HP