The table below looks at the statistics for MiFID skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited MiFID over the 3 months to 25 November 2014 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
25 Nov 2014
Same period 2013 Same period 2012
Markets in Financial Instruments Directive (MiFID)
Rank 568 520 538
Rank change year-on-year
-48 +18
Contract jobs citing MiFID 24 31 11
As % of all contract IT jobs located in England 0.046% 0.065% 0.023%
As % of the Quality Assurance & Compliance category 0.61% 0.88% 0.30%
Number of daily rates quoted 21 27 9
Average daily rate
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£600 £700 £500
Average daily rate % change year-on-year
-14.28% +40.00%
90% offered a daily rate of more than £475 £515 £480
10% offered a daily rate of more than £675 £825 £580
UK excluding London average daily rate £450 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
3924 3532 3656
As % of all contract IT jobs located in England 7.54% 7.45% 7.65%
Number of daily rates quoted 2486 2185 2165
Average daily rate £400 £425 £420
Average daily rate % change year-on-year
-5.88% +1.19%
90% offered a daily rate of more than £220 £250 £225
10% offered a daily rate of more than £600 £613 £600
UK excluding London average daily rate £363 £350 £370
% change year-on-year
+3.57% -5.40%
Number of hourly rates quoted 198 119 212
Average hourly rate £22.00 £18.50 £19.50
Average hourly rate % change year-on-year
+18.91% -5.12%
90% offered a hourly rate of more than £11.00 £11.93 £11.00
10% offered a hourly rate of more than £45.00 £42.50 £42.05
UK excluding London average hourly rate £20.00 £17.50 £19.00
% change year-on-year
+14.28% -7.89%

MiFID
Jobs Demand Trend in England

This chart provides a 3-month moving total of IT contractor jobs citing MiFID across the England region as a proportion of the total demand within 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 25 November 2014.

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 average contractor rates quoted in IT jobs citing MiFID within the England region over the 3 months to 25 November 2014. 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
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -8 22 £600 -14.28% 3
West Midlands - 1 £450 -
Yorkshire - - - -
North East - - - -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 25 November 2014, IT contractor jobs across the England 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.

1 33 (64.71%) Banking
2 31 (60.78%) EMIR
3 26 (50.98%) Investment Banking
4 21 (41.18%) Finance
5 18 (35.29%) Dodd-Frank
6 12 (23.53%) Risk Management
7 10 (19.61%) Business Analysis
8 9 (17.65%) Stakeholder Management
8 9 (17.65%) Analytical Skills
9 8 (15.69%) Investment Management
10 7 (13.73%) ETRM
10 7 (13.73%) Triple Point
10 7 (13.73%) OpenLink RightAngle
10 7 (13.73%) Aligne
10 7 (13.73%) Dynamics NAV
10 7 (13.73%) Dynamics AX
10 7 (13.73%) Asset Management
10 7 (13.73%) Brady
10 7 (13.73%) ZaiNet
10 7 (13.73%) SAP Oil and Gas
10 7 (13.73%) Front Office
10 7 (13.73%) OpenLink
10 7 (13.73%) Endur
10 7 (13.73%) SQL
10 7 (13.73%) SAP
10 7 (13.73%) ERP
10 7 (13.73%) Murex
11 6 (11.76%) FATCA
12 5 (9.80%) Derivative
12 5 (9.80%) SQL Server

MiFID
Top Related IT Skills in England by Category

For the 6 months to 25 November 2014, IT contractor jobs across the England 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.

Application Platforms
1 1 (1.96%) SAS
1 1 (1.96%) MTS
Applications
1 2 (3.92%) MS PowerPoint
2 1 (1.96%) MS Visio
2 1 (1.96%) MS Office
Business Applications
1 7 (13.73%) OpenLink RightAngle
1 7 (13.73%) Aligne
1 7 (13.73%) Dynamics NAV
1 7 (13.73%) Dynamics AX
1 7 (13.73%) ZaiNet
1 7 (13.73%) SAP Oil and Gas
1 7 (13.73%) Endur
2 1 (1.96%) ION MarketView
Database & Business Intelligence
1 5 (9.80%) SQL Server
Development Applications
1 2 (3.92%) Toad
General
1 33 (64.71%) Banking
2 26 (50.98%) Investment Banking
3 21 (41.18%) Finance
4 7 (13.73%) Front Office
5 3 (5.88%) Legal
6 2 (3.92%) Back Office
6 2 (3.92%) French Language
7 1 (1.96%) Dutch Language
7 1 (1.96%) Wholesale Banking
7 1 (1.96%) Corporate Banking
7 1 (1.96%) Manufacturing
Job Titles
1 28 (54.90%) Analyst
2 23 (45.10%) Business Analyst
3 16 (31.37%) Project Manager
4 4 (7.84%) Systems Analyst
4 4 (7.84%) Investment Banking Business Analyst
5 3 (5.88%) Compliance Analyst
5 3 (5.88%) Customer Analyst
5 3 (5.88%) Consultant
5 3 (5.88%) Business Systems Analyst
6 2 (3.92%) Technical Analyst
6 2 (3.92%) Technical Business Analyst
6 2 (3.92%) Test Analyst
6 2 (3.92%) Architect
6 2 (3.92%) Programme Manager
6 2 (3.92%) Banking Business Analyst
6 2 (3.92%) Project Consultant
6 2 (3.92%) FX Business Analyst
6 2 (3.92%) Middle Office Analyst
7 1 (1.96%) MiFID Business Analyst
7 1 (1.96%) Senior Manager
Libraries, Frameworks & Software Standards
1 1 (1.96%) .NET Framework
1 1 (1.96%) .NET
Miscellaneous
1 9 (17.65%) Analytical Skills
2 5 (9.80%) Derivative
2 5 (9.80%) Foreign Exchange (FX)
3 3 (5.88%) Fixed Income
4 2 (3.92%) Equities
4 2 (3.92%) Credit Derivative
4 2 (3.92%) Reference Data
Processes & Methodologies
1 12 (23.53%) Risk Management
2 10 (19.61%) Business Analysis
3 9 (17.65%) Stakeholder Management
4 8 (15.69%) Investment Management
5 7 (13.73%) ETRM
5 7 (13.73%) Asset Management
5 7 (13.73%) ERP
6 5 (9.80%) Project Management
6 5 (9.80%) Agile Software Development
7 4 (7.84%) Migration
7 4 (7.84%) Stakeholder Engagement
7 4 (7.84%) Data Migration
8 3 (5.88%) Validation
9 2 (3.92%) Change Management
9 2 (3.92%) Programme Management
9 2 (3.92%) Data Modelling
9 2 (3.92%) Data Analysis
9 2 (3.92%) Project Planning
9 2 (3.92%) Wealth Management
9 2 (3.92%) Algorithmic Trading
Programming Languages
1 7 (13.73%) SQL
Qualifications
1 3 (5.88%) Degree
2 1 (1.96%) PMP
2 1 (1.96%) PMI Certification
Quality Assurance & Compliance
1 31 (60.78%) EMIR
2 18 (35.29%) Dodd-Frank
3 6 (11.76%) FATCA
4 3 (5.88%) UCITS
5 2 (3.92%) Basel III
6 1 (1.96%) QA
6 1 (1.96%) CRD IV
6 1 (1.96%) Basel II
Vendors
1 7 (13.73%) Triple Point
1 7 (13.73%) Brady
1 7 (13.73%) OpenLink
1 7 (13.73%) SAP
1 7 (13.73%) Murex
2 2 (3.92%) Actimize
3 1 (1.96%) Microsoft
3 1 (1.96%) ION Trading
London
Harrington Starr
Rate: £550 - £650 per day
Posted: 4 days ago