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 24 December 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
24 Dec 2014
Same period 2013 Same period 2012
European Market Infrastructure Regulation (EMIR)
Rank 187 134 191
Rank change year-on-year
-53 +57
Contract jobs citing EMIR 9 70 9
As % of all contract IT jobs located in the City of London 0.16% 1.05% 0.15%
As % of the Quality Assurance & Compliance category 2.10% 12.39% 1.80%
Number of daily rates quoted 7 59 8
Average daily rate
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£600 £550 £468
Average daily rate % change year-on-year
+9.09% +17.64%
90% offered a daily rate of more than £495 £425 £450
10% offered a daily rate of more than £730 £660 £865
UK excluding London average daily rate £423 £450 -
% change year-on-year
-6.00% -
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
428 565 499
As % of all contract IT jobs located in the City of London 7.66% 8.50% 8.32%
Number of daily rates quoted 331 431 374
Average daily rate £450 £475 £450
Average daily rate % change year-on-year
-5.26% +5.55%
90% offered a daily rate of more than £250 £300 £300
10% offered a daily rate of more than £613 £625 £625
UK excluding London average daily rate £371 £350 £350
% change year-on-year
+6.07% -
Number of hourly rates quoted 5 3 13
Average hourly rate £17.50 £44.16 £31.00
Average hourly rate % change year-on-year
-60.36% +42.44%
90% offered a hourly rate of more than £14.63 £22.55 £16.23
10% offered a hourly rate of more than £43.25 £52.82 £117.20
UK excluding London average hourly rate £18.75 £18.00 £21.50
% change year-on-year
+4.16% -16.27%

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 24 December 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 24 December 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 22 (66.67%) Dodd-Frank
2 18 (54.55%) Banking
3 15 (45.45%) Investment Banking
4 11 (33.33%) Derivative
5 10 (30.30%) Finance
6 7 (21.21%) Foreign Exchange (FX)
6 7 (21.21%) FpML
6 7 (21.21%) SQL
7 6 (18.18%) Front Office
7 6 (18.18%) Business Analysis
7 6 (18.18%) MiFID
8 5 (15.15%) Agile Software Development
8 5 (15.15%) Project Management
9 4 (12.12%) XML
9 4 (12.12%) Fixed Income
9 4 (12.12%) Stakeholder Management
10 3 (9.09%) Asset Management
10 3 (9.09%) Investment Management
10 3 (9.09%) GAP Analysis
10 3 (9.09%) Equities
10 3 (9.09%) Data Analysis
11 2 (6.06%) User Acceptance Testing
11 2 (6.06%) Analytical Skills
11 2 (6.06%) Oracle Database
11 2 (6.06%) AIFMD
11 2 (6.06%) Programme Management
11 2 (6.06%) Oracle
11 2 (6.06%) Interest Rate Derivative
11 2 (6.06%) MS PowerPoint
11 2 (6.06%) DTCC

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

For the 6 months to 24 December 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.

Applications
1 2 (6.06%) MS PowerPoint
2 1 (3.03%) Spreadsheet
2 1 (3.03%) MS Excel
Database & Business Intelligence
1 2 (6.06%) Oracle Database
2 1 (3.03%) SQL Server
2 1 (3.03%) SQL Server Reporting Services
General
1 18 (54.55%) Banking
2 15 (45.45%) Investment Banking
3 10 (30.30%) Finance
4 6 (18.18%) Front Office
5 1 (3.03%) Back Office
5 1 (3.03%) Legal
5 1 (3.03%) Advertising
Job Titles
1 23 (69.70%) Analyst
2 19 (57.58%) Business Analyst
3 5 (15.15%) Systems Analyst
4 4 (12.12%) Test Analyst
4 4 (12.12%) Business Systems Analyst
5 3 (9.09%) Consultant
6 2 (6.06%) Programme Manager
6 2 (6.06%) Developer
6 2 (6.06%) Data Analyst
6 2 (6.06%) IT Business Analyst
6 2 (6.06%) Business Test Analyst
6 2 (6.06%) Project Consultant
6 2 (6.06%) Project Manager
6 2 (6.06%) AIFMD Business Analyst
7 1 (3.03%) Business Data Analyst
7 1 (3.03%) FX Business Analyst
7 1 (3.03%) Investment Banking Business Analyst
7 1 (3.03%) Excel Developer
7 1 (3.03%) Excel VBA Developer
7 1 (3.03%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 7 (21.21%) FpML
2 4 (12.12%) XML
3 1 (3.03%) Flash
Miscellaneous
1 11 (33.33%) Derivative
2 7 (21.21%) Foreign Exchange (FX)
3 4 (12.12%) Fixed Income
4 3 (9.09%) Equities
5 2 (6.06%) DTCC
5 2 (6.06%) Interest Rate Derivative
5 2 (6.06%) Analytical Skills
6 1 (3.03%) Equity Derivative
6 1 (3.03%) Market Risk
6 1 (3.03%) Reference Data
6 1 (3.03%) SWIFT
6 1 (3.03%) User Experience
6 1 (3.03%) Credit Derivative
6 1 (3.03%) Management Information System
Processes & Methodologies
1 6 (18.18%) Business Analysis
2 5 (15.15%) Project Management
2 5 (15.15%) Agile Software Development
3 4 (12.12%) Stakeholder Management
4 3 (9.09%) Asset Management
4 3 (9.09%) GAP Analysis
4 3 (9.09%) Investment Management
4 3 (9.09%) Data Analysis
5 2 (6.06%) User Acceptance Testing
5 2 (6.06%) Risk Management
5 2 (6.06%) Programme Management
6 1 (3.03%) Data Management
6 1 (3.03%) PRINCE2
6 1 (3.03%) RAD
6 1 (3.03%) Data Modelling
6 1 (3.03%) Financial Analysis
6 1 (3.03%) Waterfall
6 1 (3.03%) Risk Analytics
6 1 (3.03%) Analytics
6 1 (3.03%) DevOps
Programming Languages
1 7 (21.21%) SQL
2 1 (3.03%) VBA
2 1 (3.03%) C#
Quality Assurance & Compliance
1 22 (66.67%) Dodd-Frank
2 6 (18.18%) MiFID
3 2 (6.06%) AIFMD
4 1 (3.03%) Basel II
4 1 (3.03%) QA
4 1 (3.03%) Basel III
4 1 (3.03%) FATCA
Vendors
1 2 (6.06%) Oracle
2 1 (3.03%) Thunderhead
City of London
Real Staffing
Rate: £600 - £700 per day + competitive
Posted: 18 days ago