The table below looks at the statistics for EMIR skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited EMIR over the 3 months to 31 October 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
31 Oct 2014
Same period 2013 Same period 2012
European Market Infrastructure Regulation (EMIR)
Rank 183 153 207
Rank change year-on-year
-30 +54
Contract jobs citing EMIR 24 72 9
As % of all contract IT jobs located in the City of London 0.40% 1.00% 0.13%
As % of the Quality Assurance & Compliance category 5.02% 12.79% 1.36%
Number of daily rates quoted 20 64 7
Average daily rate
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£550 £550 £700
Average daily rate % change year-on-year
- -21.42%
90% offered a daily rate of more than £443 £433 £525
10% offered a daily rate of more than £678 £685 £870
UK excluding London average daily rate £500 £450 -
% change year-on-year
+11.11% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
478 563 660
As % of all contract IT jobs located in the City of London 7.93% 7.83% 9.47%
Number of daily rates quoted 347 425 514
Average daily rate £450 £478 £465
Average daily rate % change year-on-year
-5.75% +2.68%
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £638 £632 £634
UK excluding London average daily rate £370 £350 £375
% change year-on-year
+5.71% -6.66%
Number of hourly rates quoted 11 8 11
Average hourly rate £17.50 £52.82 £20.00
Average hourly rate % change year-on-year
-66.86% +164.07%
90% offered a hourly rate of more than £12.50 £14.39 £13.50
10% offered a hourly rate of more than £27.50 £67.50 £49.02
UK excluding London average hourly rate £17.50 £17.50 £19.00
% change year-on-year
- -7.89%

EMIR
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing EMIR across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

EMIR Jobs Demand Trend in the City of London

EMIR
Daily Rate Trend in the City of London

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

EMIR Daily Rate Trend in the City of London

EMIR
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing EMIR across the City of London region over the 3 months to 31 October 2014.

EMIR Daily Rate Histogram in the City of London

EMIR
Top 30 Related IT Skills in the City of London

For the 6 months to 31 October 2014, IT contractor jobs across the City of London region citing EMIR 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 EMIR.

1 35 (71.43%) Dodd-Frank
2 29 (59.18%) Banking
3 23 (46.94%) Investment Banking
4 19 (38.78%) Derivative
5 14 (28.57%) Finance
6 12 (24.49%) SQL
7 10 (20.41%) Foreign Exchange (FX)
7 10 (20.41%) Front Office
7 10 (20.41%) Business Analysis
8 8 (16.33%) MiFID
8 8 (16.33%) Agile Software Development
8 8 (16.33%) FpML
8 8 (16.33%) Project Management
9 7 (14.29%) Fixed Income
10 6 (12.24%) XML
10 6 (12.24%) Data Analysis
11 5 (10.20%) Stakeholder Management
11 5 (10.20%) DTCC
12 4 (8.16%) Asset Management
13 3 (6.12%) Back Office
13 3 (6.12%) PRINCE2
13 3 (6.12%) GAP Analysis
13 3 (6.12%) Equities
13 3 (6.12%) Programme Management
13 3 (6.12%) Interest Rate Derivative
13 3 (6.12%) Equity Derivative
13 3 (6.12%) Credit Derivative
13 3 (6.12%) Investment Management
13 3 (6.12%) QA
13 3 (6.12%) FATCA

EMIR
Top Related IT Skills in the City of London by Category

For the 6 months to 31 October 2014, IT contractor jobs across the City of London region citing EMIR 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 EMIR. Up to 20 skills are shown per category.

Application Platforms
1 1 (2.04%) Confluence
Applications
1 2 (4.08%) MS PowerPoint
2 1 (2.04%) MS Excel
Business Applications
1 1 (2.04%) SunGard GMI
Database & Business Intelligence
1 1 (2.04%) SQL Server
1 1 (2.04%) SQL Server Reporting Services
1 1 (2.04%) Oracle Database
General
1 29 (59.18%) Banking
2 23 (46.94%) Investment Banking
3 14 (28.57%) Finance
4 10 (20.41%) Front Office
5 3 (6.12%) Back Office
6 2 (4.08%) Legal
7 1 (2.04%) Advertising
7 1 (2.04%) Corporate Banking
7 1 (2.04%) Private Banking
Job Titles
1 34 (69.39%) Analyst
2 28 (57.14%) Business Analyst
3 6 (12.24%) Test Analyst
3 6 (12.24%) Project Manager
4 5 (10.20%) Systems Analyst
5 4 (8.16%) Business Systems Analyst
6 3 (6.12%) Programme Manager
6 3 (6.12%) Consultant
7 2 (4.08%) Developer
7 2 (4.08%) Data Analyst
7 2 (4.08%) Project Consultant
7 2 (4.08%) FX Business Analyst
7 2 (4.08%) AIFMD Business Analyst
7 2 (4.08%) IT Business Analyst
7 2 (4.08%) Report Analyst
7 2 (4.08%) Business Test Analyst
8 1 (2.04%) Investment Banking Business Analyst
8 1 (2.04%) Senior Analyst
8 1 (2.04%) Excel Developer
8 1 (2.04%) Excel VBA Developer
Libraries, Frameworks & Software Standards
1 8 (16.33%) FpML
2 6 (12.24%) XML
3 1 (2.04%) Flash
Miscellaneous
1 19 (38.78%) Derivative
2 10 (20.41%) Foreign Exchange (FX)
3 7 (14.29%) Fixed Income
4 5 (10.20%) DTCC
5 3 (6.12%) Equities
5 3 (6.12%) Credit Derivative
5 3 (6.12%) Interest Rate Derivative
5 3 (6.12%) Equity Derivative
6 1 (2.04%) Wiki
6 1 (2.04%) Reference Data
6 1 (2.04%) SWIFT
6 1 (2.04%) User Experience
6 1 (2.04%) Analytical Skills
Processes & Methodologies
1 10 (20.41%) Business Analysis
2 8 (16.33%) Agile Software Development
2 8 (16.33%) Project Management
3 6 (12.24%) Data Analysis
4 5 (10.20%) Stakeholder Management
5 4 (8.16%) Asset Management
6 3 (6.12%) Programme Management
6 3 (6.12%) PRINCE2
6 3 (6.12%) GAP Analysis
6 3 (6.12%) Investment Management
7 2 (4.08%) Requirements Management
7 2 (4.08%) User Acceptance Testing
7 2 (4.08%) Electronic Trading
7 2 (4.08%) Risk Management
8 1 (2.04%) Validation
8 1 (2.04%) Migration
8 1 (2.04%) UML
8 1 (2.04%) RAD
8 1 (2.04%) RUP
8 1 (2.04%) Data Modelling
Programming Languages
1 12 (24.49%) SQL
2 1 (2.04%) VBA
2 1 (2.04%) C#
Qualifications
1 1 (2.04%) PRINCE2 Certification
Quality Assurance & Compliance
1 35 (71.43%) Dodd-Frank
2 8 (16.33%) MiFID
3 3 (6.12%) QA
3 3 (6.12%) FATCA
4 2 (4.08%) AIFMD
5 1 (2.04%) Basel II
5 1 (2.04%) Basel III
Vendors
1 1 (2.04%) Oracle
1 1 (2.04%) Calypso
1 1 (2.04%) SunGard
1 1 (2.04%) Thunderhead
City of London
Huxley Associates
Rate: £550 - £650 per day + competitive
Posted: 13 days ago