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 9 February 2016 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
9 Feb 2016
Same period 2015 Same period 2014
European Market Infrastructure Regulation (EMIR)
Rank 139 186 159
Rank change year-on-year
+47 -27
Contract jobs citing EMIR 11 6 46
As % of all contract IT jobs located in the City of London 0.35% 0.12% 0.77%
As % of the Quality Assurance & Compliance category 3.35% 1.31% 7.57%
Number of daily rates quoted 11 4 40
Average daily rate £625 £483 £550
Average daily rate % change year-on-year
+29.53% -12.27%
90% offered a daily rate of more than £550 £300 £410
10% offered a daily rate of more than £700 £620 £655
UK excluding London average daily rate £325 £396 £450
% change year-on-year
-17.92% -12.00%
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
328 457 608
As % of all contract IT jobs located in the City of London 10.42% 8.92% 10.22%
Number of daily rates quoted 235 335 435
Average daily rate £500 £450 £450
Average daily rate % change year-on-year
+11.11% -
90% offered a daily rate of more than £308 £250 £280
10% offered a daily rate of more than £625 £578 £600
UK excluding London average daily rate £400 £380 £350
% change year-on-year
+5.26% +8.57%
Number of hourly rates quoted 6 2 3
Average hourly rate £26.75 £30.13 £18.70
Average hourly rate % change year-on-year
-11.20% +61.09%
90% offered a hourly rate of more than £21.00 £19.23 £17.74
10% offered a hourly rate of more than £40.75 £41.03 £23.74
UK excluding London average hourly rate £42.25 £23.25 £17.00
% change year-on-year
+81.72% +36.76%

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 9 February 2016.

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 9 February 2016, 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 27 (84.38%) Dodd-Frank
2 19 (59.38%) MiFID
3 18 (56.25%) Banking
4 14 (43.75%) Finance
5 11 (34.38%) Investment Banking
6 9 (28.13%) Derivative
6 9 (28.13%) Front Office
6 9 (28.13%) Project Management
7 7 (21.88%) Business Analysis
7 7 (21.88%) Asset Management
8 6 (18.75%) Target Operating Model
9 5 (15.63%) User Acceptance Testing
9 5 (15.63%) PRINCE2
9 5 (15.63%) Stakeholder Management
10 4 (12.50%) GAP Analysis
10 4 (12.50%) Foreign Exchange (FX)
10 4 (12.50%) Agile Software Development
10 4 (12.50%) SDLC
11 3 (9.38%) Data Architecture
11 3 (9.38%) Basel III
11 3 (9.38%) Test Strategy
11 3 (9.38%) FATCA
11 3 (9.38%) SQL
11 3 (9.38%) Scrum
12 2 (6.25%) Fixed Income
12 2 (6.25%) Change Management
12 2 (6.25%) PMP
12 2 (6.25%) PMI Certification
12 2 (6.25%) Fund Management
12 2 (6.25%) Summit

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

For the 6 months to 9 February 2016, 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.

Business Applications
1 2 (6.25%) Summit
2 1 (3.13%) Algo Collateral
2 1 (3.13%) thinkFolio
General
1 18 (56.25%) Banking
2 14 (43.75%) Finance
3 11 (34.38%) Investment Banking
4 9 (28.13%) Front Office
5 1 (3.13%) Advertising
5 1 (3.13%) Back Office
5 1 (3.13%) Financial Institution
5 1 (3.13%) Retail
Job Titles
1 19 (59.38%) Analyst
1 19 (59.38%) Business Analyst
2 11 (34.38%) Project Manager
3 9 (28.13%) MiFID Business Analyst
4 5 (15.63%) Regulatory Business Analyst
4 5 (15.63%) Senior Analyst
4 5 (15.63%) Senior Business Analyst
5 4 (12.50%) Report Manager
6 3 (9.38%) Banking Analyst
6 3 (9.38%) Banking Business Analyst
6 3 (9.38%) Compliance Analyst
6 3 (9.38%) Compliance Business Analyst
6 3 (9.38%) Derivatives Project Manager
6 3 (9.38%) MiFID Project Manager
7 2 (6.25%) Business IT Analyst
7 2 (6.25%) IT Analyst
7 2 (6.25%) IT Business Analyst
7 2 (6.25%) Report Analyst
7 2 (6.25%) Senior Reporting Analyst
8 1 (3.13%) Tester
Libraries, Frameworks & Software Standards
1 1 (3.13%) FpML
1 1 (3.13%) XML
Miscellaneous
1 9 (28.13%) Derivative
2 4 (12.50%) Foreign Exchange (FX)
3 2 (6.25%) Analytical Skills
3 2 (6.25%) Equities
3 2 (6.25%) Fixed Income
4 1 (3.13%) Data Extraction
4 1 (3.13%) DTCC
4 1 (3.13%) Equity Derivative
4 1 (3.13%) Market Risk
4 1 (3.13%) PMI
4 1 (3.13%) Replication
Processes & Methodologies
1 9 (28.13%) Project Management
2 7 (21.88%) Asset Management
2 7 (21.88%) Business Analysis
3 6 (18.75%) Target Operating Model
4 5 (15.63%) PRINCE2
4 5 (15.63%) Stakeholder Management
4 5 (15.63%) User Acceptance Testing
5 4 (12.50%) Agile Software Development
5 4 (12.50%) GAP Analysis
5 4 (12.50%) SDLC
6 3 (9.38%) Data Architecture
6 3 (9.38%) Scrum
6 3 (9.38%) Test Strategy
7 2 (6.25%) Change Management
7 2 (6.25%) Data Management
7 2 (6.25%) Fund Management
7 2 (6.25%) Investment Management
7 2 (6.25%) Time Management
7 2 (6.25%) Waterfall
8 1 (3.13%) Validation
Programming Languages
1 3 (9.38%) SQL
Qualifications
1 2 (6.25%) PMI Certification
1 2 (6.25%) PMP
2 1 (3.13%) CBAP
2 1 (3.13%) Degree
2 1 (3.13%) ISEB
Quality Assurance & Compliance
1 27 (84.38%) Dodd-Frank
2 19 (59.38%) MiFID
3 3 (9.38%) Basel III
3 3 (9.38%) FATCA
4 2 (6.25%) AIFMD
4 2 (6.25%) Solvency II
Vendors
1 1 (3.13%) BI-SAM
1 1 (3.13%) Bloomberg
1 1 (3.13%) FactSet
1 1 (3.13%) Fidessa
1 1 (3.13%) Reuters
City, London
Aston Carter
Rate: £300 - £400 per day
Posted: Yesterday
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 7 days ago
City of London
iKas International
Posted: 16 days ago
City of London
iKas International
Posted: 20 days ago