The table below looks at the statistics 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 August 2014 with a comparison to the same period in 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.

Location
3 months to
22 Aug 2014
Same period 2013 Same period 2012
Financial Reporting (FINREP)
Rank 584 563 572
Rank change year-on-year
-21 +9
Contract jobs citing FINREP 11 15 25
As % of all contract IT jobs located in the UK 0.020% 0.028% 0.043%
As % of the Quality Assurance & Compliance category 0.25% 0.38% 0.55%
Number of daily rates quoted 7 15 18
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £525 £500
Average daily rate % change year-on-year
+4.76% +5.00%
90% offered a daily rate of more than £485 £375 £450
10% offered a daily rate of more than £562 £575 £550
UK excluding London average daily rate £550 £525 £500
% change year-on-year
+4.76% +5.00%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
4427 3949 4523
As % of all contract IT jobs located in the UK 7.85% 7.41% 7.81%
Number of daily rates quoted 2680 2313 2453
Average daily rate £400 £425 £425
Average daily rate % change year-on-year
-5.88% -
90% offered a daily rate of more than £225 £263 £248
10% offered a daily rate of more than £550 £613 £600
UK excluding London average daily rate £375 £350 £355
% change year-on-year
+7.14% -1.40%
Number of hourly rates quoted 199 165 259
Average hourly rate £19.00 £17.50 £20.00
Average hourly rate % change year-on-year
+8.57% -12.50%
90% offered a hourly rate of more than £12.00 £10.00 £11.25
10% offered a hourly rate of more than £43.00 £37.50 £40.00
UK excluding London average hourly rate £19.50 £17.50 £22.50
% change year-on-year
+11.42% -22.22%

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 August 2014.

FINREP Daily Rate Histogram in the UK

FINREP
Top 8 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 August 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 -30 10 £550 +4.76% 3
South West - 6 £550 -
Wiltshire - 5 £550 -
Swindon - 5 £550 -
London +5 4 £579 +10.28% 3
City of London +29 1 - - 1
Bournemouth - - - -
Dorset - - - -

FINREP
Top 30 Related IT Skills

For the 6 months to 22 August 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 32 (91.43%) Finance
2 25 (71.43%) COREP
3 15 (42.86%) Banking
4 11 (31.43%) Business Analysis
4 11 (31.43%) SQL
5 10 (28.57%) CRD IV
5 10 (28.57%) Basel III
6 7 (20.00%) GAP Analysis
6 7 (20.00%) CIMA
6 7 (20.00%) Sarbanes-Oxley
6 7 (20.00%) ACCA
6 7 (20.00%) FATCA
6 7 (20.00%) User Acceptance Testing
7 6 (17.14%) Requirements Analysis
8 5 (14.29%) Data Warehouse
9 4 (11.43%) Financial Institution
9 4 (11.43%) Data Mapping
9 4 (11.43%) Stakeholder Engagement
10 3 (8.57%) Data Architecture
10 3 (8.57%) QA
10 3 (8.57%) Data Analysis
10 3 (8.57%) Data Management
10 3 (8.57%) Oracle
11 2 (5.71%) SQL Server
11 2 (5.71%) VBA
11 2 (5.71%) SAP
11 2 (5.71%) Data Modelling
11 2 (5.71%) Data Mining
11 2 (5.71%) ETL
11 2 (5.71%) SAS

FINREP
Top Related IT Skills by Category

For the 6 months to 22 August 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 2 (5.71%) SAS
Applications
1 1 (2.86%) MS PowerPoint
1 1 (2.86%) MS Visio
1 1 (2.86%) MS Project
Business Applications
1 1 (2.86%) Oracle Financials
Database & Business Intelligence
1 5 (14.29%) Data Warehouse
2 2 (5.71%) SQL Server
2 2 (5.71%) Data Mining
2 2 (5.71%) Data Mart
2 2 (5.71%) Relational Database
3 1 (2.86%) Oracle Database
3 1 (2.86%) Base SAS
3 1 (2.86%) RDBMS
Development Applications
1 1 (2.86%) JIRA
General
1 32 (91.43%) Finance
2 15 (42.86%) Banking
3 4 (11.43%) Financial Institution
4 2 (5.71%) Investment Banking
5 1 (2.86%) Marketing
5 1 (2.86%) French Language
5 1 (2.86%) Back Office
Job Titles
1 24 (68.57%) Analyst
2 23 (65.71%) Business Analyst
3 9 (25.71%) Senior Business Analyst
3 9 (25.71%) Senior Analyst
4 4 (11.43%) Consultant
5 3 (8.57%) Developer
6 2 (5.71%) Project Manager
6 2 (5.71%) Information Security Consultant
6 2 (5.71%) Financial Business Analyst
6 2 (5.71%) Security Consultant
6 2 (5.71%) Financial Analyst
7 1 (2.86%) Data Integration Consultant
7 1 (2.86%) Business Data Analyst
7 1 (2.86%) Banking Business Analyst
7 1 (2.86%) Lead Business Analyst
7 1 (2.86%) Data Architect
7 1 (2.86%) Sales Consultant
7 1 (2.86%) Programmer
7 1 (2.86%) Data Analyst
7 1 (2.86%) SAS Programmer
Libraries, Frameworks & Software Standards
1 1 (2.86%) XBRL
1 1 (2.86%) .NET
Miscellaneous
1 2 (5.71%) Derivative
1 2 (5.71%) Credit Risk
2 1 (2.86%) Data Integration
2 1 (2.86%) Market Risk
2 1 (2.86%) Foreign Exchange (FX)
Operating Systems
1 1 (2.86%) UNIX
Processes & Methodologies
1 11 (31.43%) Business Analysis
2 7 (20.00%) GAP Analysis
2 7 (20.00%) User Acceptance Testing
3 6 (17.14%) Requirements Analysis
4 4 (11.43%) Data Mapping
4 4 (11.43%) Stakeholder Engagement
5 3 (8.57%) Data Architecture
5 3 (8.57%) Data Analysis
5 3 (8.57%) Data Management
6 2 (5.71%) Data Modelling
6 2 (5.71%) ETL
6 2 (5.71%) Risk Management
6 2 (5.71%) Data Security
6 2 (5.71%) Information Security
6 2 (5.71%) Integration Testing
7 1 (2.86%) Analytics
7 1 (2.86%) Data Governance
7 1 (2.86%) Test Strategy
7 1 (2.86%) Unit Testing
7 1 (2.86%) Dimensional Modelling
Programming Languages
1 11 (31.43%) SQL
2 2 (5.71%) VBA
3 1 (2.86%) Shell Script
3 1 (2.86%) PL/SQL
Qualifications
1 7 (20.00%) CIMA
1 7 (20.00%) ACCA
2 2 (5.71%) CISSP
2 2 (5.71%) CISM
3 1 (2.86%) Degree
Quality Assurance & Compliance
1 25 (71.43%) COREP
2 10 (28.57%) CRD IV
2 10 (28.57%) Basel III
3 7 (20.00%) Sarbanes-Oxley
3 7 (20.00%) FATCA
4 3 (8.57%) QA
5 1 (2.86%) EMIR
5 1 (2.86%) Solvency II
5 1 (2.86%) Dodd-Frank
5 1 (2.86%) Basel II
5 1 (2.86%) GAAP
Systems Management
1 1 (2.86%) HP Quality Center
Vendors
1 3 (8.57%) Oracle
2 2 (5.71%) SAP
3 1 (2.86%) CA
3 1 (2.86%) Microsoft
3 1 (2.86%) HP
3 1 (2.86%) Cognos
London
Hays IT - Uk Posting account
Rate: £550.00 - £608.00 per annum
Posted: 24 days ago