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 July 2015 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 Jul 2015
Same period 2014 Same period 2013
European Market Infrastructure Regulation (EMIR)
Rank 184 174 138
Rank change year-on-year
-10 -36
Contract jobs citing EMIR 24 25 89
As % of all contract IT jobs located in the City of London 0.41% 0.43% 1.26%
As % of the Quality Assurance & Compliance category 4.72% 5.26% 14.78%
Number of daily rates quoted 24 25 67
Average daily rate
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£600 £550 £525
Average daily rate % change year-on-year
+9.09% +4.76%
90% offered a daily rate of more than £425 £459 £423
10% offered a daily rate of more than £675 £700 £650
UK excluding London average daily rate £500 £575 £550
% change year-on-year
-13.04% +4.54%
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
508 475 602
As % of all contract IT jobs located in the City of London 8.68% 8.18% 8.49%
Number of daily rates quoted 385 338 452
Average daily rate £475 £475 £475
90% offered a daily rate of more than £322 £300 £300
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £388 £375 £350
% change year-on-year
+3.33% +7.14%
Number of hourly rates quoted 5 6 7
Average hourly rate £24.00 £17.50 £22.50
Average hourly rate % change year-on-year
+37.14% -22.22%
90% offered a hourly rate of more than £14.60 £11.32 £13.97
10% offered a hourly rate of more than £55.50 £31.75 £36.40
UK excluding London average hourly rate £21.55 £20.50 £17.50
% change year-on-year
+5.12% +17.14%

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 July 2015.

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 July 2015, 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 32 (80.00%) Banking
2 31 (77.50%) Dodd-Frank
3 16 (40.00%) MiFID
4 15 (37.50%) Investment Banking
4 15 (37.50%) Finance
5 11 (27.50%) Derivative
6 9 (22.50%) Business Analysis
6 9 (22.50%) Front Office
7 8 (20.00%) Project Management
8 7 (17.50%) Change Management
9 6 (15.00%) Stakeholder Management
9 6 (15.00%) Fixed Income
9 6 (15.00%) Basel III
10 5 (12.50%) Summit
10 5 (12.50%) Foreign Exchange (FX)
11 4 (10.00%) SQL
11 4 (10.00%) Equities
11 4 (10.00%) Retail
12 3 (7.50%) Agile Software Development
12 3 (7.50%) DTCC
12 3 (7.50%) User Acceptance Testing
12 3 (7.50%) FATCA
12 3 (7.50%) Risk Management
12 3 (7.50%) Scrum
12 3 (7.50%) Java
13 2 (5.00%) Oracle
13 2 (5.00%) XML
13 2 (5.00%) PRINCE2
13 2 (5.00%) FpML
13 2 (5.00%) Advertising

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

For the 6 months to 31 July 2015, 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.

Applications
1 1 (2.50%) MS Excel
Business Applications
1 5 (12.50%) Summit
2 1 (2.50%) Endur
Database & Business Intelligence
1 1 (2.50%) SQL Server
General
1 32 (80.00%) Banking
2 15 (37.50%) Investment Banking
2 15 (37.50%) Finance
3 9 (22.50%) Front Office
4 4 (10.00%) Retail
5 2 (5.00%) Back Office
5 2 (5.00%) Advertising
6 1 (2.50%) Telecoms
6 1 (2.50%) Corporate Banking
Job Titles
1 21 (52.50%) Analyst
2 20 (50.00%) Business Analyst
3 14 (35.00%) Project Manager
4 6 (15.00%) Banking Business Analyst
5 5 (12.50%) Lead Business Analyst
6 4 (10.00%) MiFID Business Analyst
6 4 (10.00%) MiFID Project Manager
6 4 (10.00%) Business Manager
6 4 (10.00%) Consultant
6 4 (10.00%) Change Consultant
6 4 (10.00%) Business Project Manager
7 3 (7.50%) Contracts Manager
8 2 (5.00%) Developer
8 2 (5.00%) IT Business Analyst
9 1 (2.50%) ScrumMaster
9 1 (2.50%) Java Developer
9 1 (2.50%) Functional Analyst
Libraries, Frameworks & Software Standards
1 2 (5.00%) XML
1 2 (5.00%) FpML
1 2 (5.00%) FIX Protocol
Miscellaneous
1 11 (27.50%) Derivative
2 6 (15.00%) Fixed Income
3 5 (12.50%) Foreign Exchange (FX)
4 4 (10.00%) Equities
5 3 (7.50%) DTCC
6 2 (5.00%) Interest Rate Derivative
7 1 (2.50%) Swaptions
7 1 (2.50%) ASIC
Processes & Methodologies
1 9 (22.50%) Business Analysis
2 8 (20.00%) Project Management
3 7 (17.50%) Change Management
4 6 (15.00%) Stakeholder Management
5 3 (7.50%) Scrum
5 3 (7.50%) Agile Software Development
5 3 (7.50%) Risk Management
5 3 (7.50%) User Acceptance Testing
6 2 (5.00%) Waterfall
6 2 (5.00%) Test Strategy
6 2 (5.00%) GAP Analysis
6 2 (5.00%) PRINCE2
7 1 (2.50%) Wealth Management
7 1 (2.50%) Workflow
7 1 (2.50%) Asset Management
7 1 (2.50%) Data Management
7 1 (2.50%) Analytics
7 1 (2.50%) Business Process Mapping
7 1 (2.50%) Electronic Trading
7 1 (2.50%) Investment Management
Programming Languages
1 4 (10.00%) SQL
2 3 (7.50%) Java
3 1 (2.50%) C#
Quality Assurance & Compliance
1 31 (77.50%) Dodd-Frank
2 16 (40.00%) MiFID
3 6 (15.00%) Basel III
4 3 (7.50%) FATCA
5 1 (2.50%) AIFMD
Vendors
1 2 (5.00%) Oracle
2 1 (2.50%) Calypso
2 1 (2.50%) OpenLink
City, London
Hays Finance Technology
Rate: £500.00 - £580.00 per month
Posted: 5 days ago
City of London
Deerfoot IT
Rate: £400 - £450 per day + 6 month term+
Posted: 19 days ago
City of London
Orgtel
Rate: £500 - £525 per day
Posted: 27 days ago