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 10 December 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
10 Dec 2016
Same period 2015 Same period 2014
Markets in Financial Instruments Directive (MiFID)
Rank 361 398 588
Rank change year-on-year
+37 +190
Contract jobs citing MiFID 257 233 26
As % of all contract IT jobs located in England 0.56% 0.46% 0.050%
As % of the Quality Assurance & Compliance category 5.75% 4.58% 0.54%
Number of daily rates quoted 202 138 23
Median daily rate £575 £600 £575
Median daily rate % change year-on-year
-4.16% +4.34%
90% offered a daily rate of more than £475 £500 £505
10% offered a daily rate of more than £700 £700 £670
UK excluding London median daily rate £500 £600 £400
% change year-on-year
-16.66% +50.00%
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
4469 5092 4826
As % of all contract IT jobs located in England 9.75% 10.11% 9.37%
Number of daily rates quoted 2927 3177 3161
Median daily rate £450 £425 £413
Median daily rate % change year-on-year
+5.88% +3.03%
90% offered a daily rate of more than £275 £275 £225
10% offered a daily rate of more than £615 £600 £600
UK excluding London median daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 174 184 198
Median hourly rate £20.00 £23.00 £22.00
Median hourly rate % change year-on-year
-13.04% +4.54%
90% offered a hourly rate of more than £10.30 £12.00 £11.00
10% offered a hourly rate of more than £45.00 £47.50 £45.00
UK excluding London median hourly rate £21.50 £25.00 £21.99
% change year-on-year
-14.00% +13.67%

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 10 December 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 10 December 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 +16 248 £575 -4.16% 25
South West +7 6 £500 -16.66%
North West - 4 £513 -
South East +16 1 - - 1
North East - 1 £190 -
MiFID
UK

MiFID
Top 30 Related IT Skills in England

For the 6 months to 10 December 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.

1 202 (50.88%) Finance
2 150 (37.78%) Banking
3 114 (28.72%) Front Office
4 113 (28.46%) Business Analysis
5 92 (23.17%) Investment Banking
6 88 (22.17%) EMIR
7 86 (21.66%) Derivative
7 86 (21.66%) Equities
8 71 (17.88%) Project Management
9 69 (17.38%) Stakeholder Management
10 65 (16.37%) Foreign Exchange (FX)
11 64 (16.12%) Agile Software Development
12 63 (15.87%) Dodd-Frank
13 60 (15.11%) Asset Management
14 57 (14.36%) Fixed Income
15 48 (12.09%) Change Management
16 43 (10.83%) SQL
17 42 (10.58%) Investment Management
18 37 (9.32%) Stakeholder Engagement
19 36 (9.07%) Wealth Management
20 35 (8.82%) GAP Analysis
21 34 (8.56%) Degree
22 31 (7.81%) Legal
22 31 (7.81%) Java
23 30 (7.56%) Back Office
24 26 (6.55%) FpML
25 25 (6.30%) Analytical Skills
26 23 (5.79%) Target Operating Model
26 23 (5.79%) Electronic Trading
26 23 (5.79%) Scrum

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 1 (0.25%) SharePoint
1 1 (0.25%) SharePoint 2010
Applications
1 11 (2.77%) MS Project
2 7 (1.76%) MS Excel
2 7 (1.76%) MS Office
3 4 (1.01%) MS PowerPoint
3 4 (1.01%) MS Visio
Business Applications
1 6 (1.51%) Summit
2 3 (0.76%) thinkFolio
3 2 (0.50%) Bloomberg TOMS
4 1 (0.25%) Markit EDM
4 1 (0.25%) SimCorp Dimension
4 1 (0.25%) Sonata
Cloud Services
1 4 (1.01%) Amazon AWS
1 4 (1.01%) Microsoft Azure
2 1 (0.25%) IBM Blueworks
Communications & Networking
1 7 (1.76%) DSL
2 5 (1.26%) Intranet
3 3 (0.76%) Multicast
3 3 (0.76%) TCP/IP
4 1 (0.25%) HTTP
Database & Business Intelligence
1 9 (2.27%) Oracle Database
1 9 (2.27%) SQL Server
2 7 (1.76%) Big Data
3 6 (1.51%) Data Warehouse
3 6 (1.51%) KDB
4 4 (1.01%) Hadoop
5 3 (0.76%) DB2
5 3 (0.76%) Kdb+
5 3 (0.76%) Relational Database
5 3 (0.76%) SQL Server Analysis Services
6 2 (0.50%) Data Lake
6 2 (0.50%) Hazelcast
7 1 (0.25%) Apache Cassandra
7 1 (0.25%) Apache Hive
7 1 (0.25%) BusinessObjects
7 1 (0.25%) Data Mart
7 1 (0.25%) MongoDB
7 1 (0.25%) NoSQL
7 1 (0.25%) SQL Server 2012
7 1 (0.25%) Tick Data
Development Applications
1 4 (1.01%) Concordion
1 4 (1.01%) Cucumber
1 4 (1.01%) FitNesse
1 4 (1.01%) JBehave
1 4 (1.01%) TeamCity
2 3 (0.76%) Gradle
2 3 (0.76%) Jenkins
3 2 (0.50%) Eclipse
3 2 (0.50%) Maven
4 1 (0.25%) EasyMock
4 1 (0.25%) Git (software)
4 1 (0.25%) JIRA
4 1 (0.25%) JUnit
4 1 (0.25%) Subversion
General
1 202 (50.88%) Finance
2 150 (37.78%) Banking
3 114 (28.72%) Front Office
4 92 (23.17%) Investment Banking
5 31 (7.81%) Legal
6 30 (7.56%) Back Office
7 19 (4.79%) Financial Institution
8 15 (3.78%) Retail
9 5 (1.26%) Advertising
10 4 (1.01%) French Language
10 4 (1.01%) Marketing
10 4 (1.01%) Prime Brokerage
11 3 (0.76%) Corporate Banking
11 3 (0.76%) Telecoms
12 2 (0.50%) Private Banking
12 2 (0.50%) Wholesale Banking
13 1 (0.25%) German Language
13 1 (0.25%) Retail Banking
13 1 (0.25%) Spanish Language
Job Titles
1 234 (58.94%) Analyst
2 227 (57.18%) Business Analyst
3 162 (40.81%) MiFID Business Analyst
4 48 (12.09%) Project Manager
5 43 (10.83%) Developer
6 42 (10.58%) Regulatory Business Analyst
7 34 (8.56%) Senior Analyst
7 34 (8.56%) Senior Business Analyst
8 32 (8.06%) Architect
8 32 (8.06%) MiFID Project Manager
9 19 (4.79%) Front Office Business Analyst
10 18 (4.53%) IT Analyst
10 18 (4.53%) Report Analyst
11 17 (4.28%) C++ Developer
11 17 (4.28%) Derivatives Business Analyst
12 15 (3.78%) IT Business Analyst
13 14 (3.53%) Banking Analyst
13 14 (3.53%) Data Architect
13 14 (3.53%) Investment Banking Business Analyst
13 14 (3.53%) Solutions Architect
Libraries, Frameworks & Software Standards
1 26 (6.55%) FpML
2 19 (4.79%) XML
3 17 (4.28%) Middleware
4 14 (3.53%) Boost C++ Libraries
4 14 (3.53%) STL
5 11 (2.77%) FIX Protocol
6 9 (2.27%) HTML
7 6 (1.51%) Spring
8 4 (1.01%) HTML5
9 3 (0.76%) Guice
9 3 (0.76%) JSON
9 3 (0.76%) Lambda Expressions
9 3 (0.76%) REST
9 3 (0.76%) Web Services
10 2 (0.50%) .NET
10 2 (0.50%) J2EE
10 2 (0.50%) XSD
11 1 (0.25%) CSS
11 1 (0.25%) Hibernate
11 1 (0.25%) Swing
Miscellaneous
1 86 (21.66%) Derivative
1 86 (21.66%) Equities
2 65 (16.37%) Foreign Exchange (FX)
3 57 (14.36%) Fixed Income
4 25 (6.30%) Analytical Skills
5 21 (5.29%) Fintech
6 16 (4.03%) Equity Derivative
6 16 (4.03%) Reference Data
7 14 (3.53%) Market Risk
8 13 (3.27%) Algorithms
9 12 (3.02%) Management Information System
10 10 (2.52%) Credit Risk
10 10 (2.52%) N-Tier
11 9 (2.27%) Hedge funds
12 8 (2.02%) ASIC
12 8 (2.02%) OTC Derivatives
13 6 (1.51%) DTCC
14 5 (1.26%) Computer Science
14 5 (1.26%) PMI
14 5 (1.26%) SWIFT
Operating Systems
1 22 (5.54%) Unix
2 20 (5.04%) Linux
3 11 (2.77%) Windows
4 3 (0.76%) Solaris
Processes & Methodologies
1 113 (28.46%) Business Analysis
2 71 (17.88%) Project Management
3 69 (17.38%) Stakeholder Management
4 64 (16.12%) Agile Software Development
5 60 (15.11%) Asset Management
6 48 (12.09%) Change Management
7 42 (10.58%) Investment Management
8 37 (9.32%) Stakeholder Engagement
9 36 (9.07%) Wealth Management
10 35 (8.82%) GAP Analysis
11 23 (5.79%) Electronic Trading
11 23 (5.79%) Scrum
11 23 (5.79%) Target Operating Model
12 22 (5.54%) SDLC
13 21 (5.29%) Regulatory Compliance
14 20 (5.04%) Cash Management
14 20 (5.04%) Data Management
15 19 (4.79%) Data Architecture
16 18 (4.53%) Multithreading
16 18 (4.53%) User Acceptance Testing
Programming Languages
1 43 (10.83%) SQL
2 31 (7.81%) Java
3 20 (5.04%) C++
4 9 (2.27%) C#
5 8 (2.02%) JavaScript
6 6 (1.51%) C
7 5 (1.26%) PL/SQL
8 2 (0.50%) Perl
8 2 (0.50%) Shell Script
8 2 (0.50%) VBA
9 1 (0.25%) Scala
Qualifications
1 34 (8.56%) Degree
2 8 (2.02%) ISEB
3 5 (1.26%) PMI Certification
4 3 (0.76%) CBAP
4 3 (0.76%) PMP
5 2 (0.50%) APMP
6 1 (0.25%) CFA
6 1 (0.25%) CISA
6 1 (0.25%) CISM
6 1 (0.25%) CISSP
6 1 (0.25%) ISTQB
6 1 (0.25%) QiCA
Quality Assurance & Compliance
1 88 (22.17%) EMIR
2 63 (15.87%) Dodd-Frank
3 18 (4.53%) FATCA
4 16 (4.03%) QA
5 11 (2.77%) Basel III
6 10 (2.52%) AIFMD
7 4 (1.01%) UCITS
8 3 (0.76%) Solvency II
9 1 (0.25%) CRD IV
System Software
1 4 (1.01%) Docker
Systems Management
1 2 (0.50%) MOM
Vendors
1 17 (4.28%) Oracle
2 12 (3.02%) Bloomberg
3 7 (1.76%) Cognizant
3 7 (1.76%) Murex
3 7 (1.76%) Solace
4 6 (1.51%) Fidessa
4 6 (1.51%) ION Trading
5 4 (1.01%) Calypso
5 4 (1.01%) Microsoft
6 3 (0.76%) GoldenSource
7 2 (0.50%) Charles River
7 2 (0.50%) FNZ
7 2 (0.50%) Palantir
7 2 (0.50%) Sophis
7 2 (0.50%) SunGard
7 2 (0.50%) TIBCO
7 2 (0.50%) Tradeweb
8 1 (0.25%) IBM
8 1 (0.25%) Informatica
8 1 (0.25%) SAP
City, London
TEKsystems
Rate: £550 - £625 per annum
Posted: 3 days ago
London
Red10
Rate: £550 - £700 per day
Posted: 3 days ago
London
ComputAppoint
Rate: £750 - £800 per day
Posted: Yesterday
City, London
JM
Rate: £550 - £600 per day
Posted: 4 days ago
London
McGregor Boyall
Rate: £550 - £650 per annum
Posted: 4 days ago
London
Hatstand Limited
Rate: £550 - £650 per day
Posted: 5 days ago
London
TEKsystems
Rate: £650 - £651 per day
Posted: 2 days ago
London
Resource Solutions - FCA
Posted: 2 days ago
London
Prospectus
Posted: 11 days ago