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 August 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 Aug 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank 491 535 573
Rank change year-on-year
+44 +38
Contract jobs citing MiFID 137 96 27
As % of all contract IT jobs located in England 0.27% 0.18% 0.053%
As % of the Quality Assurance & Compliance category 2.94% 1.91% 0.55%
Number of daily rates quoted 91 69 24
Median daily rate £575 £600 £578
Median daily rate % change year-on-year
-4.16% +3.89%
90% offered a daily rate of more than £450 £462 £219
10% offered a daily rate of more than £675 £750 £739
UK excluding London median daily rate £438 £475 £110
% change year-on-year
-7.89% +331.81%
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
4657 5015 4939
As % of all contract IT jobs located in England 9.27% 9.47% 9.68%
Number of daily rates quoted 3035 3219 3061
Median daily rate £425 £425 £425
90% offered a daily rate of more than £250 £265 £245
10% offered a daily rate of more than £575 £600 £564
UK excluding London median daily rate £400 £403 £385
% change year-on-year
-0.62% +4.54%
Number of hourly rates quoted 171 199 204
Median hourly rate £28.00 £21.64 £19.50
Median hourly rate % change year-on-year
+29.39% +10.97%
90% offered a hourly rate of more than £11.42 £12.00 £12.30
10% offered a hourly rate of more than £47.40 £55.70 £43.00
UK excluding London median hourly rate £28.15 £25.06 £19.50
% change year-on-year
+12.33% +28.51%

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 August 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 August 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 +25 129 £575 -4.16% 26
South East - 7 £550 - 2
North East -23 1 £425 -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 26 August 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.

1 127 (49.03%) Finance
2 116 (44.79%) Banking
3 76 (29.34%) Investment Banking
4 71 (27.41%) Business Analysis
5 59 (22.78%) Stakeholder Management
6 57 (22.01%) EMIR
7 54 (20.85%) Agile Software Development
7 54 (20.85%) Dodd-Frank
8 50 (19.31%) Project Management
9 47 (18.15%) Front Office
10 34 (13.13%) Investment Management
10 34 (13.13%) Degree
11 33 (12.74%) Equities
12 32 (12.36%) Asset Management
12 32 (12.36%) Derivative
13 31 (11.97%) Change Management
13 31 (11.97%) Stakeholder Engagement
14 29 (11.20%) User Acceptance Testing
15 27 (10.42%) Foreign Exchange (FX)
15 27 (10.42%) Fixed Income
16 24 (9.27%) Analytical Skills
17 23 (8.88%) FATCA
17 23 (8.88%) Legal
18 20 (7.72%) Wealth Management
19 19 (7.34%) SQL
20 18 (6.95%) Back Office
21 17 (6.56%) XML
21 17 (6.56%) Hedge funds
22 16 (6.18%) C#
22 16 (6.18%) Management Information System

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 (2.70%) Skype for Business
2 3 (1.16%) SharePoint
3 1 (0.39%) SharePoint 2010
Applications
1 12 (4.63%) MS Office
2 9 (3.47%) MS PowerPoint
3 8 (3.09%) MS Excel
4 6 (2.32%) MS Project
5 4 (1.54%) MS Visio
Business Applications
1 4 (1.54%) Summit
2 1 (0.39%) Oracle Procure-to-Pay
2 1 (0.39%) SunGard GMI
Cloud Services
1 1 (0.39%) IBM Blueworks
Communications & Networking
1 6 (2.32%) PBX
2 5 (1.93%) Intranet
3 2 (0.77%) Firewall
3 2 (0.77%) HTTP
3 2 (0.77%) SNMP
4 1 (0.39%) BGP
4 1 (0.39%) Cisco IOS
4 1 (0.39%) EIGRP
4 1 (0.39%) Ethernet
4 1 (0.39%) Extranet
4 1 (0.39%) Internet
4 1 (0.39%) IPsec
4 1 (0.39%) Junos
4 1 (0.39%) LAN
4 1 (0.39%) MPLS
4 1 (0.39%) Multicast
4 1 (0.39%) OSPF
4 1 (0.39%) TCP/IP
4 1 (0.39%) VPN
4 1 (0.39%) WAN
Database & Business Intelligence
1 6 (2.32%) SQL Server
2 4 (1.54%) KDB
2 4 (1.54%) Oracle Database
3 3 (1.16%) Big Data
3 3 (1.16%) QlikView
3 3 (1.16%) SQL Server 2012
4 2 (0.77%) Data Lake
4 2 (0.77%) Kdb+
4 2 (0.77%) Oracle Reports
4 2 (0.77%) Relational Database
4 2 (0.77%) SQL Server 2008
4 2 (0.77%) SQL Server Analysis Services
5 1 (0.39%) BusinessObjects
5 1 (0.39%) Data Mining
5 1 (0.39%) Data Warehouse
5 1 (0.39%) Hadoop
5 1 (0.39%) MS Access
5 1 (0.39%) NoSQL
5 1 (0.39%) Spotfire
5 1 (0.39%) SQL Server Integration Services
Development Applications
1 3 (1.16%) Team Foundation Server
1 3 (1.16%) Visual Studio Tools for Office
2 2 (0.77%) Subversion
3 1 (0.39%) JIRA
General
1 127 (49.03%) Finance
2 116 (44.79%) Banking
3 76 (29.34%) Investment Banking
4 47 (18.15%) Front Office
5 23 (8.88%) Legal
6 18 (6.95%) Back Office
7 14 (5.41%) Retail
8 13 (5.02%) Financial Institution
9 7 (2.70%) Marketing
10 4 (1.54%) French Language
11 2 (0.77%) Private Banking
11 2 (0.77%) Retail Banking
11 2 (0.77%) Spanish Language
12 1 (0.39%) Advertising
12 1 (0.39%) Law
Job Titles
1 149 (57.53%) Analyst
2 134 (51.74%) Business Analyst
3 80 (30.89%) MiFID Business Analyst
4 56 (21.62%) Project Manager
5 38 (14.67%) Regulatory Business Analyst
6 29 (11.20%) MiFID Project Manager
7 20 (7.72%) Developer
8 19 (7.34%) Report Analyst
9 18 (6.95%) Banking Analyst
10 14 (5.41%) Project Analyst
10 14 (5.41%) Regulatory Reporting Business Analyst
11 13 (5.02%) C# Developer
12 11 (4.25%) Architect
12 11 (4.25%) Senior Manager
12 11 (4.25%) Technical Analyst
13 10 (3.86%) Agile Developer
13 10 (3.86%) Investment Banking Business Analyst
13 10 (3.86%) IT Manager
13 10 (3.86%) Senior Project Manager
13 10 (3.86%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 17 (6.56%) XML
2 10 (3.86%) .NET
3 9 (3.47%) FpML
3 9 (3.47%) Web Services
4 5 (1.93%) FIXML
5 3 (1.16%) OOXML
5 3 (1.16%) WinForms
5 3 (1.16%) WPF
6 2 (0.77%) .NET Framework
6 2 (0.77%) FIX Protocol
6 2 (0.77%) HTML
6 2 (0.77%) HTML5
6 2 (0.77%) Middleware
7 1 (0.39%) AngularJS
7 1 (0.39%) CSS
7 1 (0.39%) XSD
Miscellaneous
1 33 (12.74%) Equities
2 32 (12.36%) Derivative
3 27 (10.42%) Fixed Income
3 27 (10.42%) Foreign Exchange (FX)
4 24 (9.27%) Analytical Skills
5 17 (6.56%) Hedge funds
6 16 (6.18%) Management Information System
7 12 (4.63%) Computer Science
8 10 (3.86%) Equity Derivative
9 9 (3.47%) Fintech
10 8 (3.09%) Market Risk
11 5 (1.93%) Reference Data
12 4 (1.54%) Data Integration
12 4 (1.54%) OTC Derivatives
13 3 (1.16%) Credit Derivative
13 3 (1.16%) Economics
13 3 (1.16%) Mathematics
14 2 (0.77%) Data Centre
14 2 (0.77%) PMI
14 2 (0.77%) Virtual Team
Operating Systems
1 6 (2.32%) Unix
2 3 (1.16%) Linux
2 3 (1.16%) Windows
3 2 (0.77%) Windows 7
4 1 (0.39%) AIX
4 1 (0.39%) Oracle Linux
4 1 (0.39%) Red Hat Enterprise Linux
4 1 (0.39%) Solaris
Processes & Methodologies
1 71 (27.41%) Business Analysis
2 59 (22.78%) Stakeholder Management
3 54 (20.85%) Agile Software Development
4 50 (19.31%) Project Management
5 34 (13.13%) Investment Management
6 32 (12.36%) Asset Management
7 31 (11.97%) Change Management
7 31 (11.97%) Stakeholder Engagement
8 29 (11.20%) User Acceptance Testing
9 20 (7.72%) Wealth Management
10 15 (5.79%) Scrum
10 15 (5.79%) Waterfall
11 14 (5.41%) GAP Analysis
11 14 (5.41%) SDLC
12 13 (5.02%) Cash Management
12 13 (5.02%) Regulatory Compliance
13 12 (4.63%) Fund Management
14 11 (4.25%) PRINCE2
15 10 (3.86%) Data Management
15 10 (3.86%) TDD
Programming Languages
1 19 (7.34%) SQL
2 16 (6.18%) C#
3 12 (4.63%) Java
4 4 (1.54%) VBA
5 3 (1.16%) JavaScript
6 2 (0.77%) C
7 1 (0.39%) Perl
7 1 (0.39%) Python
7 1 (0.39%) RPG
7 1 (0.39%) Ruby
Qualifications
1 34 (13.13%) Degree
2 7 (2.70%) ISEB
3 2 (0.77%) APMP
3 2 (0.77%) PMI Certification
3 2 (0.77%) PRINCE2 Certification
4 1 (0.39%) CBAP
4 1 (0.39%) CCDA
4 1 (0.39%) CCIE
4 1 (0.39%) CCNP
4 1 (0.39%) Cisco Certification
4 1 (0.39%) ISTQB
4 1 (0.39%) MBA
Quality Assurance & Compliance
1 57 (22.01%) EMIR
2 54 (20.85%) Dodd-Frank
3 23 (8.88%) FATCA
4 9 (3.47%) UCITS
5 8 (3.09%) AIFMD
5 8 (3.09%) QA
6 2 (0.77%) BS25999
6 2 (0.77%) COBIT
6 2 (0.77%) COSO
6 2 (0.77%) ISO/IEC 27001
7 1 (0.39%) Basel III
7 1 (0.39%) Data Quality
7 1 (0.39%) SLA
System Software
1 1 (0.39%) Veritas Cluster Server
1 1 (0.39%) VMware Infrastructure
Systems Management
1 2 (0.77%) MOM
2 1 (0.39%) HP Quality Center
Vendors
1 10 (3.86%) Oracle
2 9 (3.47%) Microsoft
3 5 (1.93%) Murex
4 4 (1.54%) Sophis
5 3 (1.16%) Bloomberg
5 3 (1.16%) Calypso
6 2 (0.77%) Cisco
6 2 (0.77%) Fidessa
6 2 (0.77%) GoldenSource
6 2 (0.77%) Palantir
6 2 (0.77%) SunGard
6 2 (0.77%) Sybase
7 1 (0.39%) Alias
7 1 (0.39%) Avaloq
7 1 (0.39%) FNZ
7 1 (0.39%) Pega
7 1 (0.39%) SAP
7 1 (0.39%) Tableau
7 1 (0.39%) VMware
7 1 (0.39%) Wall Street Systems
London
Red10
Rate: £650 - £750 per day
Posted: 3 days ago
London
Rullion IT Plus
Posted: 2 days ago
London
TEKsystems
Rate: £700 - £725 per day
Posted: 3 days ago
City, London
Hatstand Limited
Rate: £700 - £750 per day
Posted: 2 hours ago
City of London
iKas International
Posted: 4 days ago
London
Michael Bailey Associates
Rate: Market rates
Posted: 6 days ago
London
Haysfm
Rate: £700.00 - £900.00 per day
Posted: Yesterday