The following table provides summary statistics for contract job vacancies advertised in London with a requirement for FATCA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FATCA over the 3 months to 26 June 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Foreign Account Tax Compliance Act (FATCA)
England / London
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 413 386 404
Rank change year-on-year -27 +18  
Contract jobs citing FATCA 11 32 38
As % of all contract IT jobs advertised in London 0.053% 0.15% 0.16%
As % of the Quality Assurance & Compliance category 0.45% 1.36% 1.44%
Number of daily rates quoted 8 26 23
Median daily rate £475 £500 £600
Median daily rate % change year-on-year -5.00% -16.66%  
90% offered a daily rate of more than £300 £313 £378
10% offered a daily rate of more than £540 £678 £650
UK excluding London median daily rate £411 £500 £400
% change year-on-year -17.80% +25.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FATCA is in the quality assurance and compliance skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
London
Contract job vacancies with a requirement for quality assurance and compliance skills 2437 2346 2640
As % of all contract IT job vacancies advertised in London 11.74% 10.97% 11.31%
Number of daily rates quoted 1725 1671 1914
Median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.55%  
90% offered a daily rate of more than £320 £290 £275
10% offered a daily rate of more than £650 £625 £632
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 26 24 29
Median hourly rate £41.25 £22.50 £24.00
Median hourly rate % change year-on-year +83.33% -6.25%  
90% offered a hourly rate of more than £14.75 £13.30 £14.80
10% offered a hourly rate of more than £49.70 £42.70 £104.00
UK excluding London median hourly rate £25.00 £28.00 £22.50
% change year-on-year -10.71% +24.44%  

FATCA
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing FATCA as a proportion of all contract or permanent IT jobs with a match in the Quality Assurance & Compliance category.

Job vacancy trend for FATCA in London

FATCA
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FATCA in London.

Contractor daily rate trend for FATCA in London

FATCA
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing FATCA in London over the 3 months to 26 June 2017.

Contractor daily rate histogram for FATCA in London

FATCA
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the London region over the 3 months to 26 June 2017. 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 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
City of London -10 3 £475 +18.75%
FATCA
England

For the 6 months to 26 June 2017, IT contractor jobs citing FATCA also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for FATCA.

1 18 (69.23%) Banking
2 15 (57.69%) MiFID
3 14 (53.85%) Finance
4 9 (34.62%) EMIR
5 8 (30.77%) Degree
6 7 (26.92%) SQL
6 7 (26.92%) Agile Software Development
6 7 (26.92%) Investment Banking
6 7 (26.92%) Regulatory Compliance
7 6 (23.08%) Solace
7 6 (23.08%) Business Analysis
7 6 (23.08%) Korn
7 6 (23.08%) TDD
7 6 (23.08%) Maven
7 6 (23.08%) jQuery
7 6 (23.08%) User Acceptance Testing
7 6 (23.08%) JSON
7 6 (23.08%) JIRA
7 6 (23.08%) Refactoring
7 6 (23.08%) Spock
7 6 (23.08%) Jenkins
7 6 (23.08%) Gherkin
7 6 (23.08%) XPath
7 6 (23.08%) TeamCity
7 6 (23.08%) Git (software)
7 6 (23.08%) HTML5
7 6 (23.08%) Mockito
7 6 (23.08%) BDD
7 6 (23.08%) Node.js
7 6 (23.08%) REST

FATCA
Co-occurring IT Skills in London 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 (7.69%) WebSphere
Applications
1 2 (7.69%) MS Visio
2 1 (3.85%) Microsoft PowerPoint
Business Applications
1 1 (3.85%) Global One
1 1 (3.85%) Loan IQ
1 1 (3.85%) Temenos Globus
Database & Business Intelligence
1 4 (15.38%) Redis
Development Applications
1 6 (23.08%) Git (software)
1 6 (23.08%) Jenkins
1 6 (23.08%) JIRA
1 6 (23.08%) JUnit
1 6 (23.08%) Maven
1 6 (23.08%) Mockito
1 6 (23.08%) Spock
1 6 (23.08%) TeamCity
2 4 (15.38%) Gradle
General
1 18 (69.23%) Banking
2 14 (53.85%) Finance
3 7 (26.92%) Investment Banking
4 4 (15.38%) Retail
4 4 (15.38%) Retail Banking
5 3 (11.54%) Corporate Banking
6 2 (7.69%) Private Banking
7 1 (3.85%) Advertising
7 1 (3.85%) Back Office
7 1 (3.85%) Financial Institution
7 1 (3.85%) French Language
7 1 (3.85%) Front Office
7 1 (3.85%) German Language
7 1 (3.85%) Legal
Job Titles
1 10 (38.46%) Analyst
2 8 (30.77%) Business Analyst
3 7 (26.92%) MiFID Business Analyst
3 7 (26.92%) Project Manager
4 6 (23.08%) Developer
5 4 (15.38%) Web Developer
6 3 (11.54%) Senior Developer
6 3 (11.54%) Senior Web Developer
7 2 (7.69%) Finance Business Analyst
7 2 (7.69%) Financial Analyst
7 2 (7.69%) Financial Business Analyst
7 2 (7.69%) Financial Services Business Analyst
7 2 (7.69%) Java Developer
7 2 (7.69%) MiFID Project Manager
7 2 (7.69%) Service Analyst
8 1 (3.85%) Back Office Business Analyst
8 1 (3.85%) Data Migration Architect
8 1 (3.85%) Full Stack Developer
8 1 (3.85%) KYC Analyst
8 1 (3.85%) Report Manager
Libraries, Frameworks & Software Standards
1 6 (23.08%) CSS
1 6 (23.08%) CSS3
1 6 (23.08%) Gherkin
1 6 (23.08%) Hibernate
1 6 (23.08%) HTML
1 6 (23.08%) HTML5
1 6 (23.08%) JDBC
1 6 (23.08%) JMS
1 6 (23.08%) jQuery
1 6 (23.08%) JSON
1 6 (23.08%) Node.js
1 6 (23.08%) REST
1 6 (23.08%) SOAP
1 6 (23.08%) Web Services
1 6 (23.08%) XML
1 6 (23.08%) XSD
1 6 (23.08%) XSLT
2 4 (15.38%) Meteor
3 2 (7.69%) AngularJS
3 2 (7.69%) Java RMI
Miscellaneous
1 6 (23.08%) Foreign Exchange (FX)
2 4 (15.38%) Management Information System
2 4 (15.38%) User Experience
3 2 (7.69%) Derivative
4 1 (3.85%) Credit Risk
4 1 (3.85%) Equities
4 1 (3.85%) Fixed Income
4 1 (3.85%) Hedge funds
4 1 (3.85%) Market Risk
4 1 (3.85%) Reference Data
Operating Systems
1 6 (23.08%) Linux
1 6 (23.08%) Unix
Processes & Methodologies
1 7 (26.92%) Agile Software Development
1 7 (26.92%) Regulatory Compliance
2 6 (23.08%) BDD
2 6 (23.08%) Business Analysis
2 6 (23.08%) Refactoring
2 6 (23.08%) Scrum
2 6 (23.08%) TDD
2 6 (23.08%) User Acceptance Testing
3 5 (19.23%) Change Management
3 5 (19.23%) Investment Management
3 5 (19.23%) Risk Management
4 4 (15.38%) Digital Transformation Programme
4 4 (15.38%) KYC
4 4 (15.38%) Stakeholder Engagement
4 4 (15.38%) Test Scripting
4 4 (15.38%) Test Strategy
4 4 (15.38%) Web Development
5 3 (11.54%) Asset Management
5 3 (11.54%) Matrix Organization
5 3 (11.54%) Stakeholder Management
Programming Languages
1 7 (26.92%) SQL
2 6 (23.08%) Java
2 6 (23.08%) JavaScript
2 6 (23.08%) Korn
2 6 (23.08%) Shell Script
2 6 (23.08%) XPath
3 4 (15.38%) ECMAScript
3 4 (15.38%) ES6
4 3 (11.54%) PL/SQL
Qualifications
1 8 (30.77%) Degree
Quality Assurance & Compliance
1 15 (57.69%) MiFID
2 9 (34.62%) EMIR
3 3 (11.54%) Dodd-Frank
4 1 (3.85%) PMO
4 1 (3.85%) QA
Vendors
1 6 (23.08%) Solace
2 3 (11.54%) Oracle
3 1 (3.85%) Avaloq
3 1 (3.85%) Murex
3 1 (3.85%) Wallstreet Suite