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 3 May 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
3 May 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank 496 546 569
Rank change year-on-year
+50 +23
Contract jobs citing MiFID 125 54 34
As % of all contract IT jobs located in England 0.25% 0.11% 0.067%
As % of the Quality Assurance & Compliance category 2.79% 1.18% 0.73%
Number of daily rates quoted 87 39 27
Median daily rate £575 £625 £550
Median daily rate % change year-on-year
-8.00% +13.63%
90% offered a daily rate of more than £314 £525 £340
10% offered a daily rate of more than £720 £750 £660
UK excluding London median daily rate £425 £400 £550
% change year-on-year
+6.25% -27.27%
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
4477 4592 4639
As % of all contract IT jobs located in England 8.78% 9.07% 9.20%
Number of daily rates quoted 2889 2831 2853
Median daily rate £425 £413 £415
Median daily rate % change year-on-year
+3.03% -0.60%
90% offered a daily rate of more than £265 £260 £250
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 172 150 205
Median hourly rate £23.17 £25.50 £20.06
Median hourly rate % change year-on-year
-9.14% +27.10%
90% offered a hourly rate of more than £12.50 £12.00 £11.00
10% offered a hourly rate of more than £52.50 £47.33 £45.00
UK excluding London median hourly rate £28.50 £29.00 £21.00
% change year-on-year
-1.72% +38.09%

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 3 May 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 3 May 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 +42 119 £575 -8.00% 15
Yorkshire - 2 £350 -
North East - 1 - -
South East - 1 - -
West Midlands - 1 - -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 3 May 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.

1 164 (52.73%) Banking
2 157 (50.48%) Finance
3 112 (36.01%) EMIR
4 100 (32.15%) Investment Banking
5 87 (27.97%) Dodd-Frank
6 75 (24.12%) Business Analysis
7 71 (22.83%) Derivative
8 69 (22.19%) Front Office
9 56 (18.01%) Project Management
10 55 (17.68%) Stakeholder Management
11 48 (15.43%) Asset Management
12 45 (14.47%) Equities
13 43 (13.83%) SQL
14 41 (13.18%) SDLC
15 32 (10.29%) Fixed Income
15 32 (10.29%) Back Office
16 31 (9.97%) AIFMD
16 31 (9.97%) Analytical Skills
17 28 (9.00%) FATCA
17 28 (9.00%) Degree
18 27 (8.68%) Foreign Exchange (FX)
19 26 (8.36%) Agile Software Development
19 26 (8.36%) Hedge funds
20 25 (8.04%) Legal
21 22 (7.07%) GAP Analysis
21 22 (7.07%) Change Management
22 21 (6.75%) Calypso
22 21 (6.75%) QA
23 20 (6.43%) Computer Science
23 20 (6.43%) Murex

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 4 (1.29%) Skype for Business
2 1 (0.32%) IBM Notes
2 1 (0.32%) SharePoint
Applications
1 13 (4.18%) MS Office
2 8 (2.57%) MS PowerPoint
3 6 (1.93%) MS Visio
4 5 (1.61%) MS Excel
5 3 (0.96%) MS Project
Business Applications
1 18 (5.79%) Summit
2 2 (0.64%) ION MarketView
3 1 (0.32%) Eagle PACE
3 1 (0.32%) Endur
3 1 (0.32%) Global One
3 1 (0.32%) Loan IQ
3 1 (0.32%) Markit EDM
3 1 (0.32%) Oracle Procure-to-Pay
3 1 (0.32%) Temenos T24
Communications & Networking
1 3 (0.96%) HTTP
1 3 (0.96%) PBX
2 2 (0.64%) HTTPS
3 1 (0.32%) Firewall
3 1 (0.32%) Multicast
3 1 (0.32%) SNMP
3 1 (0.32%) TCP/IP
Database & Business Intelligence
1 7 (2.25%) SQL Server
2 6 (1.93%) Data Warehouse
3 5 (1.61%) Relational Database
4 3 (0.96%) QlikView
4 3 (0.96%) RDBMS
4 3 (0.96%) SQL Server 2008
5 2 (0.64%) Oracle Reports
5 2 (0.64%) SQL Server 2012
6 1 (0.32%) Big Data
6 1 (0.32%) BusinessObjects
6 1 (0.32%) Crystal Reports
6 1 (0.32%) NoSQL
6 1 (0.32%) OLTP
6 1 (0.32%) SQL Server Integration Services
6 1 (0.32%) SQL Server Reporting Services
Development Applications
1 4 (1.29%) Visual Studio Tools for Office
2 2 (0.64%) Cucumber
2 2 (0.64%) Selenium
2 2 (0.64%) Subversion
3 1 (0.32%) MSTest
3 1 (0.32%) NUnit
3 1 (0.32%) TeamCity
3 1 (0.32%) Visual Studio
General
1 164 (52.73%) Banking
2 157 (50.48%) Finance
3 100 (32.15%) Investment Banking
4 69 (22.19%) Front Office
5 32 (10.29%) Back Office
6 25 (8.04%) Legal
7 12 (3.86%) Retail
8 7 (2.25%) Retail Banking
8 7 (2.25%) Wholesale Banking
9 6 (1.93%) Private Banking
10 4 (1.29%) Electronics
10 4 (1.29%) French Language
11 3 (0.96%) Financial Institution
11 3 (0.96%) International Banking
12 2 (0.64%) Marketing
13 1 (0.32%) Advertising
13 1 (0.32%) Games
13 1 (0.32%) German Language
13 1 (0.32%) Pharmaceutical
13 1 (0.32%) Telecoms
Job Titles
1 180 (57.88%) Analyst
2 172 (55.31%) Business Analyst
3 85 (27.33%) MiFID Business Analyst
4 65 (20.90%) Project Manager
5 56 (18.01%) Regulatory Business Analyst
6 34 (10.93%) Banking Analyst
7 32 (10.29%) Report Analyst
8 28 (9.00%) Business IT Analyst
8 28 (9.00%) IT Analyst
8 28 (9.00%) IT Business Analyst
9 26 (8.36%) Regulatory Reporting Business Analyst
10 23 (7.40%) MiFID Project Manager
11 19 (6.11%) Programme Manager
11 19 (6.11%) Project Analyst
11 19 (6.11%) Senior Business Analyst
12 18 (5.79%) Investment Banking Business Analyst
12 18 (5.79%) Senior Analyst
13 16 (5.14%) Finance Business Analyst
13 16 (5.14%) Financial Analyst
14 14 (4.50%) Banking Business Analyst
Libraries, Frameworks & Software Standards
1 14 (4.50%) XML
2 13 (4.18%) .NET
3 9 (2.89%) Web Services
4 5 (1.61%) WPF
5 4 (1.29%) .NET Framework
5 4 (1.29%) ASP.NET
5 4 (1.29%) ASP.NET MVC
5 4 (1.29%) FIXML
5 4 (1.29%) FpML
5 4 (1.29%) OOXML
5 4 (1.29%) WinForms
6 3 (0.96%) FIX Protocol
6 3 (0.96%) WCF
7 2 (0.64%) AngularJS
7 2 (0.64%) HTML
7 2 (0.64%) Middleware
8 1 (0.32%) CSS
8 1 (0.32%) JSON
8 1 (0.32%) Spring
8 1 (0.32%) XML Schema
Miscellaneous
1 71 (22.83%) Derivative
2 45 (14.47%) Equities
3 32 (10.29%) Fixed Income
4 31 (9.97%) Analytical Skills
5 27 (8.68%) Foreign Exchange (FX)
6 26 (8.36%) Hedge funds
7 20 (6.43%) Computer Science
8 19 (6.11%) Market Risk
9 14 (4.50%) Equity Derivative
10 8 (2.57%) Reference Data
11 6 (1.93%) Economics
11 6 (1.93%) Management Information System
11 6 (1.93%) Statistics
12 5 (1.61%) SWIFT
13 3 (0.96%) Data Integration
14 2 (0.64%) DTCC
14 2 (0.64%) Enterprise Software
14 2 (0.64%) Fintech
14 2 (0.64%) Mathematics
14 2 (0.64%) Reinsurance
Operating Systems
1 8 (2.57%) Linux
2 6 (1.93%) Windows
3 5 (1.61%) Unix
4 3 (0.96%) Windows 7
5 2 (0.64%) Solaris
6 1 (0.32%) AIX
6 1 (0.32%) Oracle Linux
6 1 (0.32%) Red Hat Enterprise Linux
Processes & Methodologies
1 75 (24.12%) Business Analysis
2 56 (18.01%) Project Management
3 55 (17.68%) Stakeholder Management
4 48 (15.43%) Asset Management
5 41 (13.18%) SDLC
6 26 (8.36%) Agile Software Development
7 22 (7.07%) Change Management
7 22 (7.07%) GAP Analysis
8 19 (6.11%) PRINCE2
9 18 (5.79%) Algorithmic Trading
10 17 (5.47%) Data Modelling
10 17 (5.47%) Investment Management
11 16 (5.14%) User Acceptance Testing
12 12 (3.86%) Electronic Trading
13 11 (3.54%) Fund Management
14 10 (3.22%) Continuous Integration
14 10 (3.22%) Data Analysis
14 10 (3.22%) Low Latency
15 9 (2.89%) Stakeholder Engagement
15 9 (2.89%) Target Operating Model
Programming Languages
1 43 (13.83%) SQL
2 19 (6.11%) Java
3 12 (3.86%) C#
4 8 (2.57%) Perl
4 8 (2.57%) Python
5 7 (2.25%) C++
6 6 (1.93%) Bash Shell
7 4 (1.29%) VBA
8 3 (0.96%) VB
9 2 (0.64%) C
9 2 (0.64%) JavaScript
9 2 (0.64%) PL/SQL
10 1 (0.32%) Ruby
10 1 (0.32%) Scala
Qualifications
1 28 (9.00%) Degree
2 2 (0.64%) ISEB
2 2 (0.64%) PRINCE2 Certification
3 1 (0.32%) CBAP
3 1 (0.32%) ISTQB
3 1 (0.32%) MBA
3 1 (0.32%) PMI Certification
Quality Assurance & Compliance
1 112 (36.01%) EMIR
2 87 (27.97%) Dodd-Frank
3 31 (9.97%) AIFMD
4 28 (9.00%) FATCA
5 21 (6.75%) QA
6 13 (4.18%) UCITS
7 7 (2.25%) Basel II
7 7 (2.25%) CRD IV
8 5 (1.61%) Solvency II
9 3 (0.96%) SLA
10 2 (0.64%) Basel III
10 2 (0.64%) BS25999
10 2 (0.64%) COBIT
10 2 (0.64%) COSO
10 2 (0.64%) ISO/IEC 27001
11 1 (0.32%) Data Quality
11 1 (0.32%) ISO20022
System Software
1 1 (0.32%) Veritas Cluster Server
1 1 (0.32%) VMware Infrastructure
Systems Management
1 1 (0.32%) Control-M
1 1 (0.32%) HP Quality Center
Vendors
1 21 (6.75%) Calypso
2 20 (6.43%) Murex
3 17 (5.47%) Oracle
4 16 (5.14%) Microsoft
5 5 (1.61%) Fidessa
6 4 (1.29%) Bloomberg
6 4 (1.29%) ION Trading
7 3 (0.96%) Avaloq
7 3 (0.96%) Sophis
7 3 (0.96%) Temenos
8 2 (0.64%) Sybase
8 2 (0.64%) Wall Street Systems
9 1 (0.32%) Cisco
9 1 (0.32%) HP
9 1 (0.32%) Informatica
9 1 (0.32%) OpenLink
9 1 (0.32%) Reuters
9 1 (0.32%) SAP
9 1 (0.32%) SunGard
9 1 (0.32%) Veritas
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