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 28 January 2015 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
28 Jan 2015
Same period 2014 Same period 2013
Markets in Financial Instruments Directive (MiFID)
Rank 529 499 501
Rank change year-on-year
-30 +2
Contract jobs citing MiFID 28 40 21
As % of all contract IT jobs located in England 0.061% 0.090% 0.051%
As % of the Quality Assurance & Compliance category 0.78% 1.15% 0.70%
Number of daily rates quoted 22 35 18
Average daily rate
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£550 £700 £550
Average daily rate % change year-on-year
-21.42% +27.27%
90% offered a daily rate of more than £265 £575 £350
10% offered a daily rate of more than £623 £850 £650
UK excluding London average daily rate £413 - £115
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
3608 3476 3021
As % of all contract IT jobs located in England 7.92% 7.80% 7.33%
Number of daily rates quoted 2178 2075 1719
Average daily rate £411 £413 £400
Average daily rate % change year-on-year
-0.30% +3.12%
90% offered a daily rate of more than £229 £245 £225
10% offered a daily rate of more than £600 £600 £585
UK excluding London average daily rate £380 £350 £330
% change year-on-year
+8.57% +6.06%
Number of hourly rates quoted 147 131 212
Average hourly rate £20.00 £17.00 £23.00
Average hourly rate % change year-on-year
+17.64% -26.08%
90% offered a hourly rate of more than £10.75 £10.93 £11.32
10% offered a hourly rate of more than £47.50 £53.96 £45.00
UK excluding London average hourly rate £19.00 £17.08 £23.00
% change year-on-year
+11.27% -25.76%

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 28 January 2015.

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 28 January 2015. 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 +3 27 £550 -21.42% 10
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 28 January 2015, 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 38 (58.46%) Banking
2 36 (55.38%) EMIR
3 27 (41.54%) Investment Banking
4 23 (35.38%) Finance
5 15 (23.08%) Dodd-Frank
6 11 (16.92%) Investment Management
6 11 (16.92%) Derivative
7 10 (15.38%) Asset Management
7 10 (15.38%) Risk Management
7 10 (15.38%) Stakeholder Management
8 9 (13.85%) Business Analysis
9 8 (12.31%) QA
10 7 (10.77%) Basel III
11 6 (9.23%) FATCA
11 6 (9.23%) OpenLink RightAngle
11 6 (9.23%) ETRM
11 6 (9.23%) Triple Point
11 6 (9.23%) Aligne
11 6 (9.23%) ZaiNet
11 6 (9.23%) SAP Oil and Gas
11 6 (9.23%) Brady
11 6 (9.23%) Dynamics NAV
11 6 (9.23%) Dynamics AX
11 6 (9.23%) Front Office
11 6 (9.23%) SAP
11 6 (9.23%) ERP
11 6 (9.23%) Murex
11 6 (9.23%) OpenLink
11 6 (9.23%) Endur
11 6 (9.23%) Project Management

MiFID
Top Related IT Skills in England by Category

For the 6 months to 28 January 2015, 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 3 (4.62%) MTS
Applications
1 3 (4.62%) MS Office
2 2 (3.08%) MS PowerPoint
3 1 (1.54%) MS Visio
Business Applications
1 6 (9.23%) OpenLink RightAngle
1 6 (9.23%) Aligne
1 6 (9.23%) ZaiNet
1 6 (9.23%) SAP Oil and Gas
1 6 (9.23%) Dynamics NAV
1 6 (9.23%) Dynamics AX
1 6 (9.23%) Endur
2 3 (4.62%) ION MarketView
3 1 (1.54%) Rolfe and Nolan
3 1 (1.54%) SunGard Stream Clearvision
Database & Business Intelligence
1 5 (7.69%) SQL Server
2 1 (1.54%) MS Access
2 1 (1.54%) Relational Database
Development Applications
1 2 (3.08%) Toad
General
1 38 (58.46%) Banking
2 27 (41.54%) Investment Banking
3 23 (35.38%) Finance
4 6 (9.23%) Front Office
5 5 (7.69%) Back Office
6 2 (3.08%) French Language
6 2 (3.08%) Legal
7 1 (1.54%) Wholesale Banking
7 1 (1.54%) Private Banking
7 1 (1.54%) Dutch Language
Job Titles
1 34 (52.31%) Analyst
2 31 (47.69%) Business Analyst
3 17 (26.15%) Project Manager
4 7 (10.77%) Investment Banking Business Analyst
5 5 (7.69%) Test Leader
6 4 (6.15%) MiFID Business Analyst
6 4 (6.15%) Banking Business Analyst
6 4 (6.15%) Systems Analyst
7 3 (4.62%) Consultant
7 3 (4.62%) Test Analyst
7 3 (4.62%) Business Systems Analyst
8 2 (3.08%) Middle Office Analyst
8 2 (3.08%) Project Consultant
8 2 (3.08%) Technical Business Analyst
8 2 (3.08%) Senior Analyst
8 2 (3.08%) Technical Analyst
8 2 (3.08%) Programme Manager
8 2 (3.08%) Architect
8 2 (3.08%) Senior Business Analyst
9 1 (1.54%) Senior Manager
Miscellaneous
1 11 (16.92%) Derivative
2 5 (7.69%) Foreign Exchange (FX)
2 5 (7.69%) Fixed Income
2 5 (7.69%) Analytical Skills
3 3 (4.62%) User Experience
4 2 (3.08%) Reference Data
4 2 (3.08%) Credit Derivative
4 2 (3.08%) Equities
Operating Systems
1 1 (1.54%) Windows
Processes & Methodologies
1 11 (16.92%) Investment Management
2 10 (15.38%) Asset Management
2 10 (15.38%) Risk Management
2 10 (15.38%) Stakeholder Management
3 9 (13.85%) Business Analysis
4 6 (9.23%) ETRM
4 6 (9.23%) ERP
4 6 (9.23%) Project Management
5 4 (6.15%) Data Migration
5 4 (6.15%) BPMN
5 4 (6.15%) Analytics
5 4 (6.15%) Migration
5 4 (6.15%) Agile Software Development
5 4 (6.15%) GAP Analysis
6 3 (4.62%) Data Modelling
6 3 (4.62%) Workflow
6 3 (4.62%) Requirements Analysis
6 3 (4.62%) Automation Testing
6 3 (4.62%) Waterfall
6 3 (4.62%) Electronic Trading
Programming Languages
1 5 (7.69%) SQL
Qualifications
1 2 (3.08%) Degree
2 1 (1.54%) CCA
Quality Assurance & Compliance
1 36 (55.38%) EMIR
2 15 (23.08%) Dodd-Frank
3 8 (12.31%) QA
4 7 (10.77%) Basel III
5 6 (9.23%) FATCA
6 3 (4.62%) UCITS
7 1 (1.54%) Basel II
7 1 (1.54%) CRD IV
Vendors
1 6 (9.23%) Triple Point
1 6 (9.23%) Brady
1 6 (9.23%) SAP
1 6 (9.23%) Murex
1 6 (9.23%) OpenLink
2 3 (4.62%) Microsoft
2 3 (4.62%) ION Trading
3 2 (3.08%) Actimize
4 1 (1.54%) Avaloq
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 8 hours ago
London
McGregor Boyall
Rate: £500 - £600 per day
Posted: 8 hours ago
London
Hays IT - Uk Posting account
Rate: £650.00 - £750.00 per day
Posted: 2 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £600 per day
Posted: 5 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £650.00 per day
Posted: 12 days ago