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 contractor rates offered in IT contracts that have cited EMIR over the 3 months to 6 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
6 May 2016
Same period 2015 Same period 2014
European Market Infrastructure Regulation (EMIR)
Rank 151 186 156
Rank change year-on-year
+35 -30
Contract jobs citing EMIR 6 15 54
As % of all contract IT jobs located in the City of London 0.17% 0.27% 0.86%
As % of the Quality Assurance & Compliance category 1.93% 3.04% 8.17%
Number of daily rates quoted 5 12 48
Median daily rate £575 £625 £550
Median daily rate % change year-on-year
-8.00% +13.63%
90% offered a daily rate of more than £505 £440 £396
10% offered a daily rate of more than £605 £788 £675
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 City of London region.

Quality Assurance & Compliance Category
City of London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
311 493 661
As % of all contract IT jobs located in the City of London 9.02% 8.95% 10.53%
Number of daily rates quoted 235 367 468
Median daily rate £475 £475 £475
90% offered a daily rate of more than £325 £320 £300
10% offered a daily rate of more than £625 £600 £615
UK excluding London median daily rate £400 £388 £365
% change year-on-year
+3.22% +6.16%
Number of hourly rates quoted 1 4 9
Median hourly rate £22.00 £13.75 £17.50
Median hourly rate % change year-on-year
+60.00% -21.42%
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 the City of London

The demand trend of contract jobs across the City of London region citing EMIR as a proportion of all IT contracts with a match in 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 6 May 2016.

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 6 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 City of London region with a requirement for EMIR.

1 14 (82.35%) MiFID
1 14 (82.35%) Dodd-Frank
2 10 (58.82%) Banking
3 9 (52.94%) Finance
3 9 (52.94%) Investment Banking
4 7 (41.18%) Derivative
5 6 (35.29%) Front Office
5 6 (35.29%) Project Management
6 4 (23.53%) Asset Management
7 3 (17.65%) Fixed Income
7 3 (17.65%) Business Analysis
7 3 (17.65%) User Acceptance Testing
7 3 (17.65%) SDLC
8 2 (11.76%) Target Operating Model
8 2 (11.76%) Test Strategy
8 2 (11.76%) Agile Software Development
8 2 (11.76%) Equities
8 2 (11.76%) GAP Analysis
8 2 (11.76%) Back Office
8 2 (11.76%) Bloomberg
8 2 (11.76%) PRINCE2
8 2 (11.76%) SQL
8 2 (11.76%) Foreign Exchange (FX)
8 2 (11.76%) Electronic Trading
8 2 (11.76%) Stakeholder Management
8 2 (11.76%) ION Trading
9 1 (5.88%) Scrum
9 1 (5.88%) Enterprise Architecture
9 1 (5.88%) Manual Testing
9 1 (5.88%) Investment Management

EMIR
Top Related IT Skills in the City of 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:

Business Applications
1 1 (5.88%) Algo Collateral
1 1 (5.88%) ION MarketView
General
1 10 (58.82%) Banking
2 9 (52.94%) Finance
2 9 (52.94%) Investment Banking
3 6 (35.29%) Front Office
4 2 (11.76%) Back Office
5 1 (5.88%) Advertising
5 1 (5.88%) Financial Institution
Job Titles
1 10 (58.82%) Analyst
1 10 (58.82%) Business Analyst
2 6 (35.29%) MiFID Business Analyst
3 5 (29.41%) Project Manager
4 3 (17.65%) Senior Analyst
4 3 (17.65%) Senior Business Analyst
5 2 (11.76%) Banking Analyst
5 2 (11.76%) Banking Business Analyst
5 2 (11.76%) Business IT Analyst
5 2 (11.76%) Derivatives Project Manager
5 2 (11.76%) Electronic Trading Business Analyst
5 2 (11.76%) IT Analyst
5 2 (11.76%) IT Business Analyst
5 2 (11.76%) Regulatory Business Analyst
5 2 (11.76%) Report Analyst
5 2 (11.76%) Senior Reporting Analyst
6 1 (5.88%) Global Derivatives Project Manager
6 1 (5.88%) Investment Management Business Analyst
6 1 (5.88%) QA Coordinator
6 1 (5.88%) XML Analyst
Libraries, Frameworks & Software Standards
1 1 (5.88%) FIXML
1 1 (5.88%) XML
Miscellaneous
1 7 (41.18%) Derivative
2 3 (17.65%) Fixed Income
3 2 (11.76%) Equities
3 2 (11.76%) Foreign Exchange (FX)
4 1 (5.88%) Analytical Skills
4 1 (5.88%) Data Extraction
4 1 (5.88%) Market Risk
4 1 (5.88%) PMI
Processes & Methodologies
1 6 (35.29%) Project Management
2 4 (23.53%) Asset Management
3 3 (17.65%) Business Analysis
3 3 (17.65%) SDLC
3 3 (17.65%) User Acceptance Testing
4 2 (11.76%) Agile Software Development
4 2 (11.76%) Electronic Trading
4 2 (11.76%) GAP Analysis
4 2 (11.76%) PRINCE2
4 2 (11.76%) Stakeholder Management
4 2 (11.76%) Target Operating Model
4 2 (11.76%) Test Strategy
5 1 (5.88%) Data Architecture
5 1 (5.88%) Enterprise Architecture
5 1 (5.88%) Fund Management
5 1 (5.88%) Investment Management
5 1 (5.88%) Lean Six Sigma
5 1 (5.88%) Manual Testing
5 1 (5.88%) Scrum
5 1 (5.88%) Six Sigma
Programming Languages
1 2 (11.76%) SQL
Qualifications
1 1 (5.88%) PMI Certification
1 1 (5.88%) PMP
Quality Assurance & Compliance
1 14 (82.35%) Dodd-Frank
1 14 (82.35%) MiFID
2 1 (5.88%) AIFMD
2 1 (5.88%) FATCA
2 1 (5.88%) QA
2 1 (5.88%) Solvency II
Vendors
1 2 (11.76%) Bloomberg
1 2 (11.76%) ION Trading
2 1 (5.88%) FactSet
2 1 (5.88%) Fidessa
2 1 (5.88%) Reuters
2 1 (5.88%) SunGard