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 24 September 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
24 Sep 2016
Same period 2015 Same period 2014
European Market Infrastructure Regulation (EMIR)
Rank 168 169 188
Rank change year-on-year
+1 +19
Contract jobs citing EMIR 4 20 24
As % of all contract IT jobs located in the City of London 0.12% 0.42% 0.41%
As % of the Quality Assurance & Compliance category 1.13% 4.52% 4.31%
Number of daily rates quoted 3 17 21
Median daily rate £475 £425 £550
Median daily rate % change year-on-year
+11.76% -22.72%
UK excluding London median daily rate £550 £500 £500
% change year-on-year
+10.00% -
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
353 442 557
As % of all contract IT jobs located in the City of London 10.34% 9.36% 9.50%
Number of daily rates quoted 283 322 391
Median daily rate £475 £450 £472
Median daily rate % change year-on-year
+5.55% -4.66%
90% offered a daily rate of more than £338 £317 £310
10% offered a daily rate of more than £625 £600 £600
UK excluding London median daily rate £400 £413 £379
% change year-on-year
-3.03% +8.83%
Number of hourly rates quoted 1 6 9
Median hourly rate £20.00 £17.00 £16.00
Median hourly rate % change year-on-year
+17.64% +6.25%
UK excluding London median hourly rate £30.41 £29.50 £20.00
% change year-on-year
+3.06% +47.50%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 24 September 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 7 (87.50%) MiFID
2 6 (75.00%) Dodd-Frank
3 4 (50.00%) User Acceptance Testing
3 4 (50.00%) Banking
3 4 (50.00%) Investment Banking
3 4 (50.00%) Derivative
4 3 (37.50%) Asset Management
4 3 (37.50%) Manual Testing
4 3 (37.50%) QA
4 3 (37.50%) Finance
4 3 (37.50%) Test Strategy
5 2 (25.00%) Fixed Income
5 2 (25.00%) SQL
5 2 (25.00%) Foreign Exchange (FX)
5 2 (25.00%) Investment Management
5 2 (25.00%) Project Management
5 2 (25.00%) Business Analysis
6 1 (12.50%) Equity Derivative
6 1 (12.50%) Retail
6 1 (12.50%) Data Architecture
6 1 (12.50%) Bloomberg
6 1 (12.50%) FIXML
6 1 (12.50%) MS Project
6 1 (12.50%) XML
6 1 (12.50%) Change Management
6 1 (12.50%) Financial Institution
6 1 (12.50%) Front Office
6 1 (12.50%) Back Office
6 1 (12.50%) Legal
6 1 (12.50%) Equities

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:

Applications
1 1 (12.50%) MS Project
General
1 4 (50.00%) Banking
1 4 (50.00%) Investment Banking
2 3 (37.50%) Finance
3 1 (12.50%) Back Office
3 1 (12.50%) Financial Institution
3 1 (12.50%) Front Office
3 1 (12.50%) Legal
3 1 (12.50%) Retail
Job Titles
1 3 (37.50%) Analyst
1 3 (37.50%) Business Analyst
1 3 (37.50%) Coordinator
1 3 (37.50%) MiFID Business Analyst
1 3 (37.50%) QA Coordinator
1 3 (37.50%) QA Leader
1 3 (37.50%) Test Coordinator
1 3 (37.50%) Test Leader
2 2 (25.00%) Project Manager
3 1 (12.50%) IT Manager
3 1 (12.50%) IT Project Manager
3 1 (12.50%) MiFID Project Manager
3 1 (12.50%) Operations Analyst
3 1 (12.50%) Operations Business Analyst
3 1 (12.50%) UAT Analyst
3 1 (12.50%) XML Analyst
Libraries, Frameworks & Software Standards
1 1 (12.50%) FIXML
1 1 (12.50%) XML
Miscellaneous
1 4 (50.00%) Derivative
2 2 (25.00%) Fixed Income
2 2 (25.00%) Foreign Exchange (FX)
3 1 (12.50%) Equities
3 1 (12.50%) Equity Derivative
3 1 (12.50%) OTC Derivatives
Processes & Methodologies
1 4 (50.00%) User Acceptance Testing
2 3 (37.50%) Asset Management
2 3 (37.50%) Manual Testing
2 3 (37.50%) Test Strategy
3 2 (25.00%) Business Analysis
3 2 (25.00%) Investment Management
3 2 (25.00%) Project Management
4 1 (12.50%) Change Management
4 1 (12.50%) Data Architecture
4 1 (12.50%) Data Governance
Programming Languages
1 2 (25.00%) SQL
Quality Assurance & Compliance
1 7 (87.50%) MiFID
2 6 (75.00%) Dodd-Frank
3 3 (37.50%) QA
4 1 (12.50%) AIFMD
4 1 (12.50%) FATCA
Vendors
1 1 (12.50%) Bloomberg
City, London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: Yesterday