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 20 April 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
20 Apr 2015
Same period 2014 Same period 2013
European Market Infrastructure Regulation (EMIR)
Rank 171 171 154
Rank change year-on-year
0 -17
Contract jobs citing EMIR 15 45 46
As % of all contract IT jobs located in the City of London 0.28% 0.70% 0.74%
As % of the Quality Assurance & Compliance category 3.50% 7.31% 8.42%
Number of daily rates quoted 11 39 37
Average daily rate
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£575 £550 £550
Average daily rate % change year-on-year
+4.54% -
90% offered a daily rate of more than £430 £350 £465
10% offered a daily rate of more than £800 £650 £750
UK excluding London average daily rate £400 £450 £350
% change year-on-year
-11.11% +28.57%
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
428 616 546
As % of all contract IT jobs located in the City of London 7.86% 9.56% 8.79%
Number of daily rates quoted 306 424 404
Average daily rate £475 £450 £474
Average daily rate % change year-on-year
+5.55% -5.01%
90% offered a daily rate of more than £290 £290 £275
10% offered a daily rate of more than £613 £600 £613
UK excluding London average daily rate £380 £365 £330
% change year-on-year
+4.10% +10.60%
Number of hourly rates quoted 4 9 16
Average hourly rate £13.75 £17.50 £135.00
Average hourly rate % change year-on-year
-21.42% -87.03%
UK excluding London average hourly rate £22.50 £18.00 £18.50
% change year-on-year
+25.00% -2.70%

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 20 April 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 20 April 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 15 (68.18%) Dodd-Frank
2 13 (59.09%) Banking
3 12 (54.55%) Finance
4 10 (45.45%) Investment Banking
5 8 (36.36%) MiFID
6 5 (22.73%) Front Office
7 4 (18.18%) Fixed Income
7 4 (18.18%) SQL
8 3 (13.64%) Oracle
8 3 (13.64%) XML
8 3 (13.64%) FpML
8 3 (13.64%) Project Management
8 3 (13.64%) Risk Management
8 3 (13.64%) Business Analysis
8 3 (13.64%) Derivative
8 3 (13.64%) DTCC
8 3 (13.64%) FATCA
9 2 (9.09%) Test Strategy
9 2 (9.09%) Analytical Skills
9 2 (9.09%) GAP Analysis
9 2 (9.09%) Advertising
9 2 (9.09%) Java
10 1 (4.55%) C#
10 1 (4.55%) Basel II
10 1 (4.55%) SharePoint
10 1 (4.55%) Misys
10 1 (4.55%) Calypso
10 1 (4.55%) Foreign Exchange (FX)
10 1 (4.55%) OpenLink
10 1 (4.55%) Endur

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

For the 6 months to 20 April 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.

Application Platforms
1 1 (4.55%) SharePoint
1 1 (4.55%) CMS
Applications
1 1 (4.55%) MS Office
1 1 (4.55%) Spreadsheet
Business Applications
1 1 (4.55%) Endur
1 1 (4.55%) Summit
Database & Business Intelligence
1 1 (4.55%) SQL Server
1 1 (4.55%) Oracle Database
1 1 (4.55%) Relational Database
General
1 13 (59.09%) Banking
2 12 (54.55%) Finance
3 10 (45.45%) Investment Banking
4 5 (22.73%) Front Office
5 2 (9.09%) Advertising
6 1 (4.55%) Back Office
6 1 (4.55%) Telecoms
6 1 (4.55%) Legal
Job Titles
1 13 (59.09%) Analyst
2 10 (45.45%) Business Analyst
3 4 (18.18%) Project Manager
4 3 (13.64%) Contracts Manager
4 3 (13.64%) IT Business Analyst
5 2 (9.09%) Developer
6 1 (4.55%) Business Systems Analyst
6 1 (4.55%) Systems Analyst
6 1 (4.55%) Java Developer
6 1 (4.55%) Operations Analyst
6 1 (4.55%) Communications Manager
6 1 (4.55%) Functional Analyst
6 1 (4.55%) QA Analyst
6 1 (4.55%) Lead Business Analyst
6 1 (4.55%) Market Analyst
Libraries, Frameworks & Software Standards
1 3 (13.64%) XML
1 3 (13.64%) FpML
2 1 (4.55%) FIX Protocol
Miscellaneous
1 4 (18.18%) Fixed Income
2 3 (13.64%) Derivative
2 3 (13.64%) DTCC
3 2 (9.09%) Analytical Skills
4 1 (4.55%) Foreign Exchange (FX)
4 1 (4.55%) Management Information System
4 1 (4.55%) Interest Rate Derivative
4 1 (4.55%) Swaptions
4 1 (4.55%) Market Risk
Processes & Methodologies
1 3 (13.64%) Project Management
1 3 (13.64%) Risk Management
1 3 (13.64%) Business Analysis
2 2 (9.09%) Test Strategy
2 2 (9.09%) GAP Analysis
3 1 (4.55%) Test Planning
3 1 (4.55%) Analytics
3 1 (4.55%) Asset Management
3 1 (4.55%) Wealth Management
3 1 (4.55%) User Acceptance Testing
3 1 (4.55%) Electronic Trading
3 1 (4.55%) Investment Management
3 1 (4.55%) Data Mapping
3 1 (4.55%) Financial Analysis
Programming Languages
1 4 (18.18%) SQL
2 2 (9.09%) Java
3 1 (4.55%) C#
Quality Assurance & Compliance
1 15 (68.18%) Dodd-Frank
2 8 (36.36%) MiFID
3 3 (13.64%) FATCA
4 1 (4.55%) Basel II
4 1 (4.55%) QA
Vendors
1 3 (13.64%) Oracle
2 1 (4.55%) Misys
2 1 (4.55%) Calypso
2 1 (4.55%) OpenLink
City, London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £500 - £650 per day
Posted: 6 days ago
City of London
The People Network
Rate: £450 - £500 per day
Posted: 18 days ago
City of London
Deerfoot IT
Rate: £750 - £850 per day
Posted: 18 days ago