The table below looks at the statistics for MiFID skills in IT contracts advertised for the England region. Included is a guide to the contractor rates offered in IT contracts that have cited MiFID over the 3 months to 29 June 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
29 Jun 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank 490 537 568
Rank change year-on-year
+47 +31
Contract jobs citing MiFID 135 82 20
As % of all contract IT jobs located in England 0.27% 0.16% 0.042%
As % of the Quality Assurance & Compliance category 2.96% 1.76% 0.44%
Number of daily rates quoted 96 65 17
Median daily rate £513 £638 £486
Median daily rate % change year-on-year
-19.60% +31.17%
90% offered a daily rate of more than £341 £550 £224
10% offered a daily rate of more than £663 £790 £705
UK excluding London median daily rate £481 £550 £650
% change year-on-year
-12.50% -15.38%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
MiFID
UK

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 England region.

Quality Assurance & Compliance Category
England
Contract IT job ads with a match in the
Quality Assurance & Compliance category
4559 4669 4551
As % of all contract IT jobs located in England 9.26% 9.18% 9.47%
Number of daily rates quoted 2956 3053 2845
Median daily rate £425 £425 £413
Median daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £263 £260 £250
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £378 £365
% change year-on-year
+5.96% +3.42%
Number of hourly rates quoted 190 168 188
Median hourly rate £28.00 £21.55 £20.35
Median hourly rate % change year-on-year
+29.93% +5.88%
90% offered a hourly rate of more than £12.00 £12.50 £12.85
10% offered a hourly rate of more than £47.50 £55.50 £42.00
UK excluding London median hourly rate £28.00 £22.50 £21.00
% change year-on-year
+24.44% +7.14%

MiFID
Jobs Demand Trend in England

The demand trend of contract jobs across the England region citing MiFID as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

MiFID Jobs Demand Trend in England

MiFID
Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing MiFID across the England region.

MiFID Daily Rate Trend in England

MiFID
Daily Rate Histogram in England

This chart provides a histogram of daily rates quoted in contract IT jobs citing MiFID across the England region over the 3 months to 29 June 2016.

MiFID Daily Rate Histogram in England

MiFID
Hourly Rate Trend in England

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MiFID across the England region.

MiFID Hourly Rate Trend in England

MiFID
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID within the England region over the 3 months to 29 June 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +42 121 £513 -19.60% 18
South East - 11 £538 - 1
Yorkshire - 2 £350 -
North East - 1 £425 -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 29 June 2016, IT contractor jobs citing MiFID 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 England region with a requirement for MiFID.

1 132 (50.19%) Banking
2 130 (49.43%) Finance
3 84 (31.94%) Investment Banking
4 71 (27.00%) EMIR
5 68 (25.86%) Dodd-Frank
6 53 (20.15%) Stakeholder Management
7 51 (19.39%) Agile Software Development
7 51 (19.39%) Front Office
8 49 (18.63%) Business Analysis
9 47 (17.87%) Project Management
10 41 (15.59%) Asset Management
11 38 (14.45%) Derivative
12 28 (10.65%) Equities
13 27 (10.27%) Fixed Income
14 26 (9.89%) Back Office
14 26 (9.89%) Change Management
14 26 (9.89%) Hedge funds
15 25 (9.51%) User Acceptance Testing
15 25 (9.51%) Analytical Skills
15 25 (9.51%) FATCA
15 25 (9.51%) SQL
16 24 (9.13%) Degree
16 24 (9.13%) SDLC
16 24 (9.13%) Investment Management
17 22 (8.37%) Legal
17 22 (8.37%) Foreign Exchange (FX)
18 21 (7.98%) C#
19 17 (6.46%) Stakeholder Engagement
19 17 (6.46%) AIFMD
19 17 (6.46%) PRINCE2

MiFID
Top Related IT Skills in England 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:

Application Platforms
1 7 (2.66%) Skype for Business
2 2 (0.76%) SharePoint
3 1 (0.38%) IBM Notes
Applications
1 10 (3.80%) MS Office
1 10 (3.80%) MS PowerPoint
2 8 (3.04%) MS Excel
3 5 (1.90%) MS Project
4 4 (1.52%) MS Visio
Business Applications
1 10 (3.80%) Summit
2 2 (0.76%) ION MarketView
3 1 (0.38%) Oracle Procure-to-Pay
3 1 (0.38%) SunGard GMI
Communications & Networking
1 6 (2.28%) PBX
2 3 (1.14%) HTTP
2 3 (1.14%) Intranet
3 2 (0.76%) Firewall
3 2 (0.76%) HTTPS
3 2 (0.76%) Multicast
3 2 (0.76%) SNMP
3 2 (0.76%) TCP/IP
4 1 (0.38%) BGP
4 1 (0.38%) Cisco IOS
4 1 (0.38%) EIGRP
4 1 (0.38%) Ethernet
4 1 (0.38%) Extranet
4 1 (0.38%) Internet
4 1 (0.38%) IPsec
4 1 (0.38%) Junos
4 1 (0.38%) MPLS
4 1 (0.38%) OSPF
4 1 (0.38%) VPN
4 1 (0.38%) WAN
Database & Business Intelligence
1 8 (3.04%) SQL Server
2 5 (1.90%) Data Warehouse
3 3 (1.14%) KDB
3 3 (1.14%) Oracle Reports
3 3 (1.14%) QlikView
3 3 (1.14%) Relational Database
3 3 (1.14%) SQL Server 2008
3 3 (1.14%) SQL Server 2012
4 2 (0.76%) SQL Server Integration Services
5 1 (0.38%) Big Data
5 1 (0.38%) Data Mining
5 1 (0.38%) Hadoop
5 1 (0.38%) NoSQL
5 1 (0.38%) OLTP
5 1 (0.38%) RDBMS
5 1 (0.38%) SQL Server Reporting Services
Development Applications
1 4 (1.52%) Visual Studio Tools for Office
2 3 (1.14%) Team Foundation Server
3 2 (0.76%) Cucumber
3 2 (0.76%) Selenium
3 2 (0.76%) Subversion
4 1 (0.38%) MSTest
4 1 (0.38%) NUnit
4 1 (0.38%) TeamCity
4 1 (0.38%) Visual Studio
General
1 132 (50.19%) Banking
2 130 (49.43%) Finance
3 84 (31.94%) Investment Banking
4 51 (19.39%) Front Office
5 26 (9.89%) Back Office
6 22 (8.37%) Legal
7 16 (6.08%) Retail
8 7 (2.66%) Financial Institution
9 6 (2.28%) Retail Banking
10 5 (1.90%) Marketing
10 5 (1.90%) Private Banking
11 4 (1.52%) Electronics
11 4 (1.52%) French Language
12 2 (0.76%) Spanish Language
13 1 (0.38%) German Language
13 1 (0.38%) Law
Job Titles
1 139 (52.85%) Analyst
2 125 (47.53%) Business Analyst
3 62 (23.57%) Project Manager
4 59 (22.43%) MiFID Business Analyst
5 42 (15.97%) Regulatory Business Analyst
6 30 (11.41%) Banking Analyst
7 28 (10.65%) MiFID Project Manager
8 23 (8.75%) Report Analyst
9 22 (8.37%) Developer
10 21 (7.98%) Programme Manager
11 18 (6.84%) Regulatory Reporting Business Analyst
12 15 (5.70%) Business IT Analyst
12 15 (5.70%) C# Developer
12 15 (5.70%) IT Analyst
12 15 (5.70%) IT Business Analyst
12 15 (5.70%) Senior Manager
13 14 (5.32%) Investment Banking Business Analyst
13 14 (5.32%) Project Analyst
13 14 (5.32%) Senior Project Manager
14 13 (4.94%) MiFID Programme Manager
Libraries, Frameworks & Software Standards
1 15 (5.70%) XML
2 14 (5.32%) .NET
3 10 (3.80%) Web Services
4 5 (1.90%) FIXML
4 5 (1.90%) WPF
5 4 (1.52%) .NET Framework
5 4 (1.52%) ASP.NET
5 4 (1.52%) ASP.NET MVC
5 4 (1.52%) FpML
5 4 (1.52%) OOXML
5 4 (1.52%) WinForms
6 3 (1.14%) FIX Protocol
6 3 (1.14%) WCF
7 2 (0.76%) AngularJS
7 2 (0.76%) HTML
7 2 (0.76%) Middleware
8 1 (0.38%) CSS
8 1 (0.38%) JSON
8 1 (0.38%) Spring
8 1 (0.38%) XML Schema
Miscellaneous
1 38 (14.45%) Derivative
2 28 (10.65%) Equities
3 27 (10.27%) Fixed Income
4 26 (9.89%) Hedge funds
5 25 (9.51%) Analytical Skills
6 22 (8.37%) Foreign Exchange (FX)
7 15 (5.70%) Equity Derivative
8 13 (4.94%) Computer Science
8 13 (4.94%) Management Information System
9 12 (4.56%) Market Risk
10 6 (2.28%) Economics
11 4 (1.52%) Fintech
11 4 (1.52%) Reference Data
12 3 (1.14%) OTC Derivatives
12 3 (1.14%) SWIFT
13 2 (0.76%) Data Centre
13 2 (0.76%) Data Integration
13 2 (0.76%) Mathematics
13 2 (0.76%) PMI
14 1 (0.38%) AS400
Operating Systems
1 6 (2.28%) Unix
1 6 (2.28%) Windows
2 3 (1.14%) Linux
2 3 (1.14%) Windows 7
3 2 (0.76%) Solaris
4 1 (0.38%) AIX
4 1 (0.38%) Oracle Linux
4 1 (0.38%) Red Hat Enterprise Linux
Processes & Methodologies
1 53 (20.15%) Stakeholder Management
2 51 (19.39%) Agile Software Development
3 49 (18.63%) Business Analysis
4 47 (17.87%) Project Management
5 41 (15.59%) Asset Management
6 26 (9.89%) Change Management
7 25 (9.51%) User Acceptance Testing
8 24 (9.13%) Investment Management
8 24 (9.13%) SDLC
9 17 (6.46%) PRINCE2
9 17 (6.46%) Stakeholder Engagement
10 14 (5.32%) Scrum
11 12 (4.56%) Electronic Trading
11 12 (4.56%) TDD
11 12 (4.56%) Wealth Management
12 11 (4.18%) Data Analysis
12 11 (4.18%) GAP Analysis
12 11 (4.18%) Waterfall
13 10 (3.80%) Algorithmic Trading
14 9 (3.42%) Data Protection
Programming Languages
1 25 (9.51%) SQL
2 21 (7.98%) C#
3 12 (4.56%) Java
4 4 (1.52%) VBA
5 3 (1.14%) JavaScript
6 2 (0.76%) Perl
6 2 (0.76%) PL/SQL
6 2 (0.76%) Python
7 1 (0.38%) C
7 1 (0.38%) C++
7 1 (0.38%) RPG
7 1 (0.38%) Ruby
7 1 (0.38%) Scala
Qualifications
1 24 (9.13%) Degree
2 3 (1.14%) ISEB
2 3 (1.14%) PRINCE2 Certification
3 2 (0.76%) PMI Certification
4 1 (0.38%) APMP
4 1 (0.38%) CCDA
4 1 (0.38%) CCIE
4 1 (0.38%) CCNP
4 1 (0.38%) Cisco Certification
4 1 (0.38%) ISTQB
4 1 (0.38%) MBA
Quality Assurance & Compliance
1 71 (27.00%) EMIR
2 68 (25.86%) Dodd-Frank
3 25 (9.51%) FATCA
4 17 (6.46%) AIFMD
5 15 (5.70%) UCITS
6 9 (3.42%) QA
7 3 (1.14%) Basel III
8 2 (0.76%) BS25999
8 2 (0.76%) COBIT
8 2 (0.76%) COSO
8 2 (0.76%) ISO/IEC 27001
9 1 (0.38%) Data Quality
9 1 (0.38%) ISO20022
9 1 (0.38%) SLA
System Software
1 1 (0.38%) Veritas Cluster Server
1 1 (0.38%) VMware Infrastructure
Systems Management
1 1 (0.38%) HP Quality Center
Vendors
1 12 (4.56%) Calypso
1 12 (4.56%) Microsoft
1 12 (4.56%) Murex
2 10 (3.80%) Oracle
3 4 (1.52%) Bloomberg
3 4 (1.52%) ION Trading
3 4 (1.52%) Sophis
4 3 (1.14%) Fidessa
5 2 (0.76%) Cisco
5 2 (0.76%) SunGard
5 2 (0.76%) Sybase
5 2 (0.76%) Wall Street Systems
6 1 (0.38%) Alias
6 1 (0.38%) Charles River
6 1 (0.38%) FNZ
6 1 (0.38%) HP
6 1 (0.38%) LexisNexis
6 1 (0.38%) SAP
6 1 (0.38%) Sencha
6 1 (0.38%) VMware
London
McGregor Boyall
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ANSON MCCADE
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