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 26 September 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
26 Sep 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank 449 497 582
Rank change year-on-year
+48 +85
Contract jobs citing MiFID 172 134 29
As % of all contract IT jobs located in England 0.34% 0.26% 0.055%
As % of the Quality Assurance & Compliance category 3.61% 2.68% 0.58%
Number of daily rates quoted 116 91 25
Median daily rate £600 £575 £625
Median daily rate % change year-on-year
+4.34% -8.00%
90% offered a daily rate of more than £465 £450 £485
10% offered a daily rate of more than £718 £700 £713
UK excluding London median daily rate £438 £463 £350
% change year-on-year
-5.40% +32.14%
Number of hourly rates quoted 0 1 0
Median hourly rate - £17.00 -
UK excluding London median hourly rate - £17.00 -
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
4766 5006 4969
As % of all contract IT jobs located in England 9.56% 9.63% 9.46%
Number of daily rates quoted 3103 3114 3125
Median daily rate £431 £438 £420
Median daily rate % change year-on-year
-1.48% +4.16%
90% offered a daily rate of more than £255 £275 £240
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 178 213 223
Median hourly rate £27.60 £23.00 £20.00
Median hourly rate % change year-on-year
+20.00% +15.00%
90% offered a hourly rate of more than £9.80 £11.58 £12.00
10% offered a hourly rate of more than £45.00 £47.50 £45.00
UK excluding London median hourly rate £29.50 £30.00 £20.00
% change year-on-year
-1.66% +50.00%

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 26 September 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 26 September 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 +25 163 £600 +4.34% 18
South East - 6 £500 -
North East -26 2 £308 -
South West +13 1 £650 +44.44%
North West - 1 £650 -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 26 September 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.

1 144 (47.21%) Finance
2 138 (45.25%) Banking
3 88 (28.85%) Investment Banking
4 85 (27.87%) Business Analysis
5 69 (22.62%) EMIR
6 66 (21.64%) Front Office
7 63 (20.66%) Project Management
8 60 (19.67%) Stakeholder Management
9 59 (19.34%) Agile Software Development
10 55 (18.03%) Dodd-Frank
11 51 (16.72%) Equities
12 46 (15.08%) Fixed Income
12 46 (15.08%) Derivative
13 44 (14.43%) Foreign Exchange (FX)
14 39 (12.79%) Degree
14 39 (12.79%) Investment Management
15 38 (12.46%) Asset Management
16 37 (12.13%) Stakeholder Engagement
17 36 (11.80%) Change Management
18 30 (9.84%) SQL
18 30 (9.84%) Legal
19 28 (9.18%) User Acceptance Testing
20 27 (8.85%) FATCA
21 24 (7.87%) Wealth Management
22 23 (7.54%) FpML
23 22 (7.21%) Back Office
24 20 (6.56%) Analytical Skills
25 19 (6.23%) Java
26 18 (5.90%) XML
26 18 (5.90%) GAP Analysis

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 6 (1.97%) Skype for Business
2 3 (0.98%) SharePoint
3 1 (0.33%) SharePoint 2010
Applications
1 12 (3.93%) MS Office
2 9 (2.95%) MS Excel
2 9 (2.95%) MS Project
3 8 (2.62%) MS PowerPoint
4 5 (1.64%) MS Visio
Business Applications
1 5 (1.64%) Summit
2 1 (0.33%) Bloomberg TOMS
2 1 (0.33%) Oracle Procure-to-Pay
2 1 (0.33%) SimCorp Dimension
2 1 (0.33%) SunGard GMI
Cloud Services
1 1 (0.33%) IBM Blueworks
Communications & Networking
1 7 (2.30%) DSL
2 5 (1.64%) Intranet
2 5 (1.64%) PBX
3 2 (0.66%) Firewall
3 2 (0.66%) SNMP
4 1 (0.33%) BGP
4 1 (0.33%) Cisco IOS
4 1 (0.33%) EIGRP
4 1 (0.33%) Ethernet
4 1 (0.33%) Extranet
4 1 (0.33%) HTTP
4 1 (0.33%) Internet
4 1 (0.33%) IPsec
4 1 (0.33%) Junos
4 1 (0.33%) LAN
4 1 (0.33%) MPLS
4 1 (0.33%) OSPF
4 1 (0.33%) TCP/IP
4 1 (0.33%) VPN
4 1 (0.33%) WAN
Database & Business Intelligence
1 8 (2.62%) SQL Server
2 7 (2.30%) KDB
2 7 (2.30%) Oracle Database
3 3 (0.98%) Hadoop
3 3 (0.98%) Kdb+
3 3 (0.98%) SQL Server Analysis Services
4 2 (0.66%) Big Data
4 2 (0.66%) Data Lake
4 2 (0.66%) Oracle Reports
4 2 (0.66%) QlikView
4 2 (0.66%) Relational Database
4 2 (0.66%) SQL Server 2012
5 1 (0.33%) BusinessObjects
5 1 (0.33%) Data Mining
5 1 (0.33%) Hazelcast
5 1 (0.33%) MS Access
5 1 (0.33%) Spotfire
5 1 (0.33%) SQL Server 2008
5 1 (0.33%) SQL Server Integration Services
5 1 (0.33%) Tick Data
Development Applications
1 3 (0.98%) Team Foundation Server
2 2 (0.66%) Eclipse
2 2 (0.66%) Visual Studio Tools for Office
3 1 (0.33%) EasyMock
3 1 (0.33%) JIRA
3 1 (0.33%) JUnit
3 1 (0.33%) Subversion
General
1 144 (47.21%) Finance
2 138 (45.25%) Banking
3 88 (28.85%) Investment Banking
4 66 (21.64%) Front Office
5 30 (9.84%) Legal
6 22 (7.21%) Back Office
7 17 (5.57%) Retail
8 15 (4.92%) Financial Institution
9 7 (2.30%) Marketing
10 5 (1.64%) French Language
11 2 (0.66%) Advertising
11 2 (0.66%) Private Banking
11 2 (0.66%) Retail Banking
11 2 (0.66%) Spanish Language
12 1 (0.33%) Corporate Banking
12 1 (0.33%) Law
12 1 (0.33%) Telecoms
12 1 (0.33%) Wholesale Banking
Job Titles
1 176 (57.70%) Analyst
2 161 (52.79%) Business Analyst
3 108 (35.41%) MiFID Business Analyst
4 57 (18.69%) Project Manager
5 35 (11.48%) Regulatory Business Analyst
6 32 (10.49%) MiFID Project Manager
7 27 (8.85%) Developer
8 22 (7.21%) Report Analyst
9 19 (6.23%) Architect
9 19 (6.23%) Banking Analyst
10 17 (5.57%) Senior Analyst
10 17 (5.57%) Senior Business Analyst
11 15 (4.92%) IT Analyst
12 14 (4.59%) C# Developer
12 14 (4.59%) Project Analyst
13 13 (4.26%) Front Office Business Analyst
13 13 (4.26%) Senior Manager
14 11 (3.61%) Programme Manager
14 11 (3.61%) Senior Project Manager
14 11 (3.61%) Technical Analyst
Libraries, Frameworks & Software Standards
1 23 (7.54%) FpML
2 18 (5.90%) XML
3 13 (4.26%) Middleware
4 8 (2.62%) FIX Protocol
5 6 (1.97%) .NET
5 6 (1.97%) HTML
5 6 (1.97%) Web Services
6 4 (1.31%) Boost C++ Libraries
6 4 (1.31%) STL
7 3 (0.98%) FIXML
7 3 (0.98%) HTML5
7 3 (0.98%) WPF
8 2 (0.66%) J2EE
8 2 (0.66%) OOXML
8 2 (0.66%) Spring
8 2 (0.66%) WinForms
8 2 (0.66%) XSD
9 1 (0.33%) .NET Framework
9 1 (0.33%) AngularJS
9 1 (0.33%) CSS
Miscellaneous
1 51 (16.72%) Equities
2 46 (15.08%) Derivative
2 46 (15.08%) Fixed Income
3 44 (14.43%) Foreign Exchange (FX)
4 20 (6.56%) Analytical Skills
5 15 (4.92%) Management Information System
5 15 (4.92%) Reference Data
6 12 (3.93%) Computer Science
6 12 (3.93%) Hedge funds
7 11 (3.61%) Fintech
8 10 (3.28%) Equity Derivative
9 7 (2.30%) ASIC
10 6 (1.97%) DTCC
11 5 (1.64%) OTC Derivatives
12 4 (1.31%) Market Risk
12 4 (1.31%) PMI
13 3 (0.98%) Credit Derivative
13 3 (0.98%) Economics
13 3 (0.98%) Mathematics
13 3 (0.98%) SWIFT
Operating Systems
1 12 (3.93%) Linux
2 11 (3.61%) Unix
3 9 (2.95%) Windows
4 1 (0.33%) AIX
4 1 (0.33%) Oracle Linux
4 1 (0.33%) Red Hat Enterprise Linux
4 1 (0.33%) Solaris
4 1 (0.33%) Windows 7
Processes & Methodologies
1 85 (27.87%) Business Analysis
2 63 (20.66%) Project Management
3 60 (19.67%) Stakeholder Management
4 59 (19.34%) Agile Software Development
5 39 (12.79%) Investment Management
6 38 (12.46%) Asset Management
7 37 (12.13%) Stakeholder Engagement
8 36 (11.80%) Change Management
9 28 (9.18%) User Acceptance Testing
10 24 (7.87%) Wealth Management
11 18 (5.90%) Electronic Trading
11 18 (5.90%) GAP Analysis
12 16 (5.25%) Data Management
12 16 (5.25%) Scrum
12 16 (5.25%) Waterfall
13 14 (4.59%) Data Architecture
14 13 (4.26%) Cash Management
14 13 (4.26%) Data Analysis
14 13 (4.26%) Regulatory Compliance
15 12 (3.93%) Data Modelling
Programming Languages
1 30 (9.84%) SQL
2 19 (6.23%) Java
3 17 (5.57%) C#
4 6 (1.97%) C++
4 6 (1.97%) JavaScript
5 4 (1.31%) C
6 3 (0.98%) VBA
7 2 (0.66%) Shell Script
8 1 (0.33%) Perl
8 1 (0.33%) Python
8 1 (0.33%) RPG
8 1 (0.33%) Ruby
Qualifications
1 39 (12.79%) Degree
2 6 (1.97%) ISEB
3 4 (1.31%) PMI Certification
4 3 (0.98%) CBAP
5 2 (0.66%) APMP
5 2 (0.66%) PMP
5 2 (0.66%) PRINCE2 Certification
6 1 (0.33%) CCDA
6 1 (0.33%) CCIE
6 1 (0.33%) CCNP
6 1 (0.33%) CFA
6 1 (0.33%) Cisco Certification
6 1 (0.33%) MBA
Quality Assurance & Compliance
1 69 (22.62%) EMIR
2 55 (18.03%) Dodd-Frank
3 27 (8.85%) FATCA
4 13 (4.26%) QA
5 8 (2.62%) UCITS
6 5 (1.64%) AIFMD
7 2 (0.66%) Solvency II
8 1 (0.33%) Basel III
8 1 (0.33%) Data Quality
8 1 (0.33%) SLA
System Software
1 1 (0.33%) Veritas Cluster Server
1 1 (0.33%) VMware Infrastructure
Systems Management
1 2 (0.66%) MOM
2 1 (0.33%) HP Quality Center
Vendors
1 13 (4.26%) Oracle
2 11 (3.61%) Bloomberg
3 8 (2.62%) Microsoft
4 6 (1.97%) Murex
5 5 (1.64%) Fidessa
6 4 (1.31%) Calypso
6 4 (1.31%) ION Trading
6 4 (1.31%) Sophis
7 3 (0.98%) GoldenSource
7 3 (0.98%) SunGard
8 2 (0.66%) Cisco
8 2 (0.66%) Cognizant
8 2 (0.66%) Palantir
8 2 (0.66%) Solace
8 2 (0.66%) TIBCO
8 2 (0.66%) Tradeweb
9 1 (0.33%) Avaloq
9 1 (0.33%) FNZ
9 1 (0.33%) Pega
9 1 (0.33%) Tableau
City, London
Hays Finance Technology
Rate: £550.00 - £600.00 per day
Posted: 2 days ago
London
CDI Anders Elite Ltd
Posted: 3 days ago
London
onezeero.
Rate: £550 - £650 per day
Posted: 6 days ago
City, London
Harvey Nash plc
Rate: £675 - £725 per day
Posted: 6 days ago
London
Nicoll Curtin
Rate: £600.00 - £750.00 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £675 - £800 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £800 - £1000 per day
Posted: 4 days ago
London
Cititec Associates Limited
Rate: £750 - £850 per day
Posted: 7 days ago