The table below looks at the statistics for EMIR skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the contractor rates offered in IT contracts that have cited EMIR over the 3 months to 5 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
5 May 2016
Same period 2015 Same period 2014
European Market Infrastructure Regulation (EMIR)
Rank 24 25 -
Rank change year-on-year
+1 -
Contract jobs citing EMIR 1 1 0
As % of all contract IT jobs located in Canary Wharf 0.82% 0.76% -
As % of the Quality Assurance & Compliance category 11.11% 6.25% -
Number of daily rates quoted 1 1 0
Median daily rate £575 £550 -
Median daily rate % change year-on-year
+4.54% -
UK excluding London median daily rate £350 £400 £483
% change year-on-year
-12.50% -17.09%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
EMIR
London

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised in the Canary Wharf region.

Quality Assurance & Compliance Category
Canary Wharf
Contract IT job ads with a match in the
Quality Assurance & Compliance category
9 16 16
As % of all contract IT jobs located in Canary Wharf 7.38% 12.21% 12.40%
Number of daily rates quoted 6 12 6
Median daily rate £575 £520 £500
Median daily rate % change year-on-year
+10.57% +4.00%
90% offered a daily rate of more than £505 £475 £488
10% offered a daily rate of more than £583 £618 £788
UK excluding London median daily rate £400 £388 £365
% change year-on-year
+3.22% +6.16%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £28.00
UK excluding London median hourly rate £22.50 £29.00 £21.00
% change year-on-year
-22.41% +38.09%

EMIR
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing EMIR as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

EMIR Jobs Demand Trend in Canary Wharf

EMIR
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing EMIR across the Canary Wharf region.

EMIR Daily Rate Trend in Canary Wharf

EMIR
Top 13 Related IT Skills in Canary Wharf

For the 6 months to 5 May 2016, IT contractor jobs citing EMIR 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 Canary Wharf region with a requirement for EMIR.

1 2 (100.00%) Dodd-Frank
2 1 (50.00%) KYC
2 1 (50.00%) Anti-Money Laundering
2 1 (50.00%) Fixed Income
2 1 (50.00%) Equities
2 1 (50.00%) Sophis
2 1 (50.00%) Banking
2 1 (50.00%) Investment Banking
2 1 (50.00%) Derivative
2 1 (50.00%) Equity Derivative
2 1 (50.00%) Reference Data
2 1 (50.00%) FATCA
2 1 (50.00%) Fidessa

EMIR
Top Related IT Skills in Canary Wharf 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:

General
1 1 (50.00%) Banking
1 1 (50.00%) Investment Banking
Job Titles
1 2 (100.00%) Business Analyst
2 1 (50.00%) Analyst
2 1 (50.00%) Data Business Analyst
2 1 (50.00%) Documentation Analyst
2 1 (50.00%) KYC Analyst
2 1 (50.00%) Onboarding Analyst
2 1 (50.00%) Reference Data Analyst
2 1 (50.00%) Reference Data Business Analyst
2 1 (50.00%) Regulatory Business Analyst
Miscellaneous
1 1 (50.00%) Derivative
1 1 (50.00%) Equities
1 1 (50.00%) Equity Derivative
1 1 (50.00%) Fixed Income
1 1 (50.00%) Reference Data
Processes & Methodologies
1 1 (50.00%) Anti-Money Laundering
1 1 (50.00%) KYC
Quality Assurance & Compliance
1 2 (100.00%) Dodd-Frank
2 1 (50.00%) FATCA
Vendors
1 1 (50.00%) Fidessa
1 1 (50.00%) Sophis