Permanent IT Jobs Contract IT Jobs
Job Type
Source

The table below looks at the demand for Markets in Financial Instruments Directive (MiFID) skills within the City of London region with a comparison to our Quality Assurance & Compliance category. Included is a guide to the contractor rates offered in IT jobs that have cited MiFID over the 3 months to 13 October 2008 with a comparison to the same period last year.

LinkMarkets in Financial Instruments Directive (MiFID)
Location
3 months to
13 Oct 2008
Same period last year
Rank199142
Rank change on same period last yearDown-57
Matching contract IT job ads949
As % of all UK contract IT job ads sampled0.013 %0.050 %
As % of the category below2.439 %13.24 %
Daily rates quoted723
Average minimum daily rate£454£472
Average daily rate£475£507
% change on same period last year-6.22 %
Average maximum daily rate£496£541
UK excluding London average daily rate-£413
% change on same period last year-
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
City of London IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
City of London
Matching contract IT job ads369370
As % of all UK contract IT job ads sampled0.522 %0.375 %
Daily rates quoted224169
Average minimum daily rate£378£428
Average daily rate£412£452
% change on same period last year-8.79 %
Average maximum daily rate£445£475
UK excluding London average daily rate£374£351
% change on same period last year+6.57 %
Hourly rates quoted1315
Average minimum hourly rate£19.62£18.67
Average hourly rate£20.73£21.40
% change on same period last year-3.12 %
Average maximum hourly rate£21.85£24.13
UK excluding London average hourly rate£25.19£25.66
% change on same period last year-1.81 %
MiFID LondonMiFID
London

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

MiFID
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing MiFID across the City of London region as a proportion of the total demand within the Quality Assurance & Compliance category.

City of London MiFID Demand Trend

MiFID
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing MiFID across the City of London region.

City of London MiFID Daily Rate Trend

MiFID
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing MiFID across the City of London region over the 3 months to 13 October 2008.

City of London MiFID Daily Rate Histogram

MiFID
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MiFID across the City of London region.

City of London MiFID Hourly Rate Trend

MiFID
Top 30 Related IT Skills

For the 6 months to 13 October 2008, IT contractor jobs across the City of London region citing MiFID 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 MiFID.

112 (66.67 %)Banking
29 (50.00 %)Investment Banking
37 (38.89 %)Reference Data
45 (27.78 %)Basel II
54 (22.22 %)Sarbanes-Oxley
54 (22.22 %)Change Management
54 (22.22 %)Sybase
54 (22.22 %)Finance
63 (16.67 %)Migration
63 (16.67 %)Stakeholder Management
63 (16.67 %)Fixed Income
63 (16.67 %)Workflow
63 (16.67 %)Data Migration
63 (16.67 %)SQL
63 (16.67 %)Foreign Exchange (FX)
72 (11.11 %)Fidessa
72 (11.11 %)Informatica
72 (11.11 %)PowerCenter
72 (11.11 %)Back Office
72 (11.11 %)Risk Management
72 (11.11 %)Transact-SQL
72 (11.11 %)Oracle
72 (11.11 %)Trillium
72 (11.11 %)Equities
72 (11.11 %)Programme Management
72 (11.11 %)Corporate Banking
72 (11.11 %)International Banking
72 (11.11 %)ISO27001
72 (11.11 %)Project Planning
72 (11.11 %)Business Development

MiFID
Top Related IT Skills by Category

For the 6 months to 13 October 2008, IT contractor jobs across the City of London region citing MiFID 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 MiFID. Up to 20 skills are shown per category.

City of London IT Contractor Job Market, Application DevelopmentApplication Development
11 (5.556 %)XML
11 (5.556 %)XML Schema
City of London IT Contractor Job Market, Business ApplicationsBusiness Applications
11 (5.556 %)SAP HR
City of London IT Contractor Job Market, Communications & NetworkingCommunications & Networking
11 (5.556 %)Intranet
City of London IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
17 (38.89 %)Reference Data
22 (11.11 %)PowerCenter
31 (5.556 %)Datawarehouse
31 (5.556 %)ETL
City of London IT Contractor Job Market, GeneralGeneral
112 (66.67 %)Banking
29 (50.00 %)Investment Banking
34 (22.22 %)Finance
42 (11.11 %)Back Office
42 (11.11 %)Corporate Banking
42 (11.11 %)International Banking
51 (5.556 %)General Ledger
City of London IT Contractor Job Market, Job TitlesJob Titles
18 (44.44 %)Analyst
27 (38.89 %)Business Analyst
34 (22.22 %)Project Manager
43 (16.67 %)Developer
52 (11.11 %)Investment Banking Business Analyst
52 (11.11 %)Consultant
52 (11.11 %)Security Consultant
52 (11.11 %)Data Analyst
52 (11.11 %)Informatica Developer
61 (5.556 %)Information Security Consultant
61 (5.556 %)Fidessa Business Analyst
61 (5.556 %)Fidessa Analyst
61 (5.556 %)Compliance Manager
61 (5.556 %)Integration Analyst
61 (5.556 %)Test Analyst
61 (5.556 %)Software Developer
City of London IT Contractor Job Market, MiscellaneousMiscellaneous
13 (16.67 %)Foreign Exchange (FX)
13 (16.67 %)Fixed Income
22 (11.11 %)Equities
City of London IT Contractor Job Market, Operating SystemsOperating Systems
11 (5.556 %)UNIX
City of London IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
14 (22.22 %)Change Management
23 (16.67 %)Data Migration
23 (16.67 %)Workflow
23 (16.67 %)Migration
23 (16.67 %)Stakeholder Management
32 (11.11 %)Project Planning
32 (11.11 %)Business Development
32 (11.11 %)Risk Management
32 (11.11 %)Programme Management
41 (5.556 %)Requirements Analysis
41 (5.556 %)Test Scripting
41 (5.556 %)Risk Assessment
41 (5.556 %)Information Security
41 (5.556 %)ITIL
41 (5.556 %)PRINCE2
41 (5.556 %)Project Management
41 (5.556 %)Quality Management
41 (5.556 %)Service Delivery
City of London IT Contractor Job Market, Programming LanguagesProgramming Languages
13 (16.67 %)SQL
22 (11.11 %)Transact-SQL
31 (5.556 %)Shell Script
31 (5.556 %)C++
City of London IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
15 (27.78 %)Basel II
24 (22.22 %)Sarbanes-Oxley
32 (11.11 %)ISO27001
41 (5.556 %)COBIT
City of London IT Contractor Job Market, VendorsVendors
14 (22.22 %)Sybase
22 (11.11 %)Oracle
22 (11.11 %)Trillium
22 (11.11 %)Fidessa
22 (11.11 %)Informatica
31 (5.556 %)Axiom
31 (5.556 %)SAP