The following table provides summary statistics for contract job vacancies advertised in the South East 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 23 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 / South East
3 months to
23 Jun 2017
Same period 2016 Same period 2015
Rank 252 254 -
Rank change year-on-year +2 -  
Contract jobs citing FATCA 2 8 0
As % of all contract IT jobs advertised in the South East 0.026% 0.089% -
As % of the Quality Assurance & Compliance category 0.21% 0.78% -
Number of daily rates quoted 2 8 0
Median daily rate £486 £538 -
Median daily rate % change year-on-year -9.58% -  
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 the South East with a requirement for quality assurance and compliance skills.

Contract Quality Assurance & Compliance Skills
South East
Contract job vacancies with a requirement for quality assurance and compliance skills 960 1032 1136
As % of all contract IT job vacancies advertised in the South East 12.40% 11.52% 12.01%
Number of daily rates quoted 586 597 606
Median daily rate £425 £400 £388
Median daily rate % change year-on-year +6.25% +3.22%  
90% offered a daily rate of more than £270 £255 £260
10% offered a daily rate of more than £525 £525 £525
UK excluding London median daily rate £400 £380 £375
% change year-on-year +5.26% +1.33%  
Number of hourly rates quoted 30 58 53
Median hourly rate £17.50 £21.33 £20.19
Median hourly rate % change year-on-year -17.95% +5.67%  
90% offered a hourly rate of more than £11.30 £12.50 £11.60
10% offered a hourly rate of more than £50.00 £47.50 £40.00
UK excluding London median hourly rate £25.00 £28.25 £24.75
% change year-on-year -11.50% +14.14%  

FATCA
Job Vacancy Trend in the South East

The job posting trend of jobs advertised in the South East 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 the South East

FATCA
Contractor Daily Rate Trend in the South East

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

Contractor daily rate trend for FATCA in the South East

FATCA
Contract Job Locations in the South East

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FATCA within the South East region over the 3 months to 23 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
Kent -8 1 £525 -2.32%
Berkshire - 1 £447 -
FATCA
England

For the 6 months to 23 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 South East region with a requirement for FATCA.

1 2 (66.67%) MiFID
1 2 (66.67%) Finance
2 1 (33.33%) Hibernate
2 1 (33.33%) TDD
2 1 (33.33%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Asset Management
2 1 (33.33%) Spring
2 1 (33.33%) Retail Banking
2 1 (33.33%) Web Development
2 1 (33.33%) Fund Management
2 1 (33.33%) Spring MVC
2 1 (33.33%) Continuous Integration
2 1 (33.33%) Investment Management
2 1 (33.33%) JPA
2 1 (33.33%) Git (software)
2 1 (33.33%) Test Automation
2 1 (33.33%) Mockito
2 1 (33.33%) Stakeholder Engagement
2 1 (33.33%) Solvency II
2 1 (33.33%) Jenkins
2 1 (33.33%) Relational Database
2 1 (33.33%) EMIR
2 1 (33.33%) Dodd-Frank
2 1 (33.33%) AIFMD
2 1 (33.33%) UCITS
2 1 (33.33%) EclipseLink
2 1 (33.33%) Continuous Deployment
2 1 (33.33%) IFRS
2 1 (33.33%) IFRS 9

FATCA
Co-occurring IT Skills in the South East 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 1 (33.33%) JBoss
Communications & Networking
1 1 (33.33%) LDAP
Database & Business Intelligence
1 1 (33.33%) MySQL
1 1 (33.33%) Relational Database
Development Applications
1 1 (33.33%) Git (software)
1 1 (33.33%) Jenkins
1 1 (33.33%) JUnit
1 1 (33.33%) Mockito
General
1 2 (66.67%) Finance
2 1 (33.33%) Banking
2 1 (33.33%) Retail
2 1 (33.33%) Retail Banking
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Business Analyst
1 1 (33.33%) Compliance Manager
1 1 (33.33%) Compliance Project Manager
1 1 (33.33%) Developer
1 1 (33.33%) Java Developer
1 1 (33.33%) MiFID Business Analyst
1 1 (33.33%) Project Manager
1 1 (33.33%) Regulatory Compliance Manager
1 1 (33.33%) Regulatory Compliance Project Manager
Libraries, Frameworks & Software Standards
1 1 (33.33%) CSS
1 1 (33.33%) EclipseLink
1 1 (33.33%) Hibernate
1 1 (33.33%) HTML
1 1 (33.33%) JAAS
1 1 (33.33%) JAXB
1 1 (33.33%) JPA
1 1 (33.33%) Spring
1 1 (33.33%) Spring MVC
1 1 (33.33%) XML
Operating Systems
1 1 (33.33%) Linux
1 1 (33.33%) Mac OS X
1 1 (33.33%) Unix
Processes & Methodologies
1 1 (33.33%) Asset Management
1 1 (33.33%) Continuous Deployment
1 1 (33.33%) Continuous Integration
1 1 (33.33%) Fund Management
1 1 (33.33%) Investment Management
1 1 (33.33%) MVC
1 1 (33.33%) Stakeholder Engagement
1 1 (33.33%) TDD
1 1 (33.33%) Test Automation
1 1 (33.33%) Web Development
Programming Languages
1 1 (33.33%) C
1 1 (33.33%) Java
1 1 (33.33%) PL/SQL
1 1 (33.33%) SQL
Quality Assurance & Compliance
1 2 (66.67%) MiFID
2 1 (33.33%) AIFMD
2 1 (33.33%) Dodd-Frank
2 1 (33.33%) EMIR
2 1 (33.33%) IFRS
2 1 (33.33%) IFRS 9
2 1 (33.33%) Solvency II
2 1 (33.33%) UCITS