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 26 August 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
26 Aug 2016
Same period 2015 Same period 2014
European Market Infrastructure Regulation (EMIR)
Rank 175 184 185
Rank change year-on-year
+9 +1
Contract jobs citing EMIR 3 19 23
As % of all contract IT jobs located in the City of London 0.085% 0.35% 0.39%
As % of the Quality Assurance & Compliance category 0.85% 3.78% 4.09%
Number of daily rates quoted 3 18 21
Median daily rate £538 £456 £550
Median daily rate % change year-on-year
+17.80% -17.04%
90% offered a daily rate of more than £488 £420 £472
10% offered a daily rate of more than £588 £658 £600
UK excluding London median daily rate £550 £500 £425
% change year-on-year
+10.00% +17.64%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £17.00 -
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
355 502 563
As % of all contract IT jobs located in the City of London 10.11% 9.18% 9.55%
Number of daily rates quoted 282 369 400
Median daily rate £475 £463 £463
Median daily rate % change year-on-year
+2.70% -
90% offered a daily rate of more than £325 £320 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £403 £385
% change year-on-year
-0.62% +4.54%
Number of hourly rates quoted 2 7 8
Median hourly rate £52.75 £24.00 £18.00
Median hourly rate % change year-on-year
+119.79% +33.33%
90% offered a hourly rate of more than £26.55 £15.80 £12.14
10% offered a hourly rate of more than £78.95 £55.50 £29.05
UK excluding London median hourly rate £28.15 £25.06 £19.50
% change year-on-year
+12.33% +28.51%

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 26 August 2016.

EMIR Daily Rate Histogram in the City of London

EMIR
Top 27 Related IT Skills in the City of London

For the 6 months to 26 August 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 6 (85.71%) MiFID
1 6 (85.71%) Dodd-Frank
2 4 (57.14%) Banking
3 3 (42.86%) Finance
3 3 (42.86%) Investment Banking
3 3 (42.86%) Derivative
3 3 (42.86%) User Acceptance Testing
4 2 (28.57%) Manual Testing
4 2 (28.57%) QA
4 2 (28.57%) Test Strategy
4 2 (28.57%) Asset Management
4 2 (28.57%) Front Office
4 2 (28.57%) Foreign Exchange (FX)
4 2 (28.57%) SQL
5 1 (14.29%) XML
5 1 (14.29%) Bloomberg
5 1 (14.29%) FIXML
5 1 (14.29%) Project Management
5 1 (14.29%) Back Office
5 1 (14.29%) Fixed Income
5 1 (14.29%) Business Analysis
5 1 (14.29%) Equity Derivative
5 1 (14.29%) Market Risk
5 1 (14.29%) OTC Derivatives
5 1 (14.29%) Investment Management
5 1 (14.29%) Analytical Skills
5 1 (14.29%) SDLC

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:

General
1 4 (57.14%) Banking
2 3 (42.86%) Finance
2 3 (42.86%) Investment Banking
3 2 (28.57%) Front Office
4 1 (14.29%) Back Office
Job Titles
1 4 (57.14%) Analyst
1 4 (57.14%) Business Analyst
2 3 (42.86%) MiFID Business Analyst
3 2 (28.57%) Coordinator
3 2 (28.57%) QA Coordinator
3 2 (28.57%) QA Leader
3 2 (28.57%) Test Coordinator
3 2 (28.57%) Test Leader
4 1 (14.29%) Banking Analyst
4 1 (14.29%) Banking Business Analyst
4 1 (14.29%) Change Analyst
4 1 (14.29%) Operations Analyst
4 1 (14.29%) Operations Business Analyst
4 1 (14.29%) Project Manager
4 1 (14.29%) Regulatory Business Analyst
4 1 (14.29%) UAT Analyst
4 1 (14.29%) XML Analyst
Libraries, Frameworks & Software Standards
1 1 (14.29%) FIXML
1 1 (14.29%) XML
Miscellaneous
1 3 (42.86%) Derivative
2 2 (28.57%) Foreign Exchange (FX)
3 1 (14.29%) Analytical Skills
3 1 (14.29%) Equity Derivative
3 1 (14.29%) Fixed Income
3 1 (14.29%) Market Risk
3 1 (14.29%) OTC Derivatives
Processes & Methodologies
1 3 (42.86%) User Acceptance Testing
2 2 (28.57%) Asset Management
2 2 (28.57%) Manual Testing
2 2 (28.57%) Test Strategy
3 1 (14.29%) Business Analysis
3 1 (14.29%) Investment Management
3 1 (14.29%) Project Management
3 1 (14.29%) SDLC
Programming Languages
1 2 (28.57%) SQL
Quality Assurance & Compliance
1 6 (85.71%) Dodd-Frank
1 6 (85.71%) MiFID
2 2 (28.57%) QA
Vendors
1 1 (14.29%) Bloomberg