The median contractor rate for a MiFID Business Analyst was £575 per day in advertised job vacancies in London during the 3 months to 29 March 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Business Analyst - MiFID
England / London
3 months to
29 Mar 2017
Same period 2016 Same period 2015
Rank 287 416 397
Rank change year-on-year +129 -19  
Contract jobs requiring a MiFID Business Analyst 122 23 9
As % of all contract IT jobs advertised in London 0.62% 0.10% 0.042%
As % of the Job Titles category 0.66% 0.11% 0.045%
Number of daily rates quoted 99 17 5
Median daily rate £575 £585 £550
Median daily rate % change year-on-year -1.70% +6.36%  
90% offered a daily rate of more than £475 £432 £535
10% offered a daily rate of more than £655 £635 £630
UK excluding London median daily rate £425 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 18549 21328 20201
As % of all contract IT job vacancies advertised in London 94.82% 95.03% 94.92%
Number of daily rates quoted 13193 15310 13939
Median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.55% -  
90% offered a daily rate of more than £305 £300 £275
10% offered a daily rate of more than £650 £625 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.22% +3.33%  
Number of hourly rates quoted 239 285 368
Median hourly rate £22.00 £17.00 £19.00
Median hourly rate % change year-on-year +29.41% -10.52%  
90% offered a hourly rate of more than £13.70 £11.50 £12.50
10% offered a hourly rate of more than £55.00 £43.57 £55.00
UK excluding London median hourly rate £17.50 £19.50 £17.00
% change year-on-year -10.25% +14.70%  

MiFID Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured MiFID Business Analyst in the job title.

Job vacancy trend for MiFID Business Analyst in London

MiFID Business Analyst
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing MiFID Business Analyst in London.

Contractor daily rate trend for MiFID Business Analyst in London

MiFID Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing MiFID Business Analyst in London over the 3 months to 29 March 2017.

Contractor daily rate histogram for MiFID Business Analyst in London

MiFID Business Analyst
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing MiFID Business Analyst within the London region over the 3 months to 29 March 2017. 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 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
City of London +33 43 £575 -8.00% 5
Canary Wharf - 2 £450 -
MiFID Business Analyst
England

MiFID Business Analyst Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 29 March 2017, MiFID Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region featuring MiFID Business Analyst in the job title.

1 224 (100.00%) MiFID
2 101 (45.09%) Front Office
3 94 (41.96%) Finance
4 82 (36.61%) Business Analysis
5 68 (30.36%) Banking
6 62 (27.68%) Derivative
7 51 (22.77%) Equities
8 49 (21.88%) Asset Management
9 45 (20.09%) EMIR
10 41 (18.30%) Stakeholder Management
11 39 (17.41%) Dodd-Frank
12 38 (16.96%) Investment Banking
13 37 (16.52%) Investment Management
14 36 (16.07%) Foreign Exchange (FX)
15 34 (15.18%) GAP Analysis
16 33 (14.73%) Wealth Management
17 25 (11.16%) Agile Software Development
18 24 (10.71%) Back Office
19 23 (10.27%) Project Management
20 22 (9.82%) Fixed Income
21 20 (8.93%) Use Case
21 20 (8.93%) Fintech
21 20 (8.93%) SDLC
22 18 (8.04%) Change Management
23 17 (7.59%) Equity Derivative
24 14 (6.25%) Requirements Analysis
24 14 (6.25%) Test Scripting
24 14 (6.25%) UML
25 13 (5.80%) SQL
25 13 (5.80%) Data Management

MiFID Business Analyst Skill Set
Co-occurring IT Skills in London 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 (0.45%) Confluence
Applications
1 3 (1.34%) MS Office
2 2 (0.89%) MS PowerPoint
3 1 (0.45%) MS Excel
3 1 (0.45%) MS Project
3 1 (0.45%) MS Visio
Business Applications
1 2 (0.89%) thinkFolio
2 1 (0.45%) Bloomberg TOMS
2 1 (0.45%) Markit EDM
2 1 (0.45%) RMDS
Database & Business Intelligence
1 2 (0.89%) Big Data
1 2 (0.89%) Data Warehouse
1 2 (0.89%) Oracle Database
2 1 (0.45%) Data Mining
2 1 (0.45%) MS Access
2 1 (0.45%) NoSQL
2 1 (0.45%) SQLPlus
Development Applications
1 1 (0.45%) JIRA
General
1 101 (45.09%) Front Office
2 94 (41.96%) Finance
3 68 (30.36%) Banking
4 38 (16.96%) Investment Banking
5 24 (10.71%) Back Office
6 6 (2.68%) Legal
6 6 (2.68%) Private Banking
7 5 (2.23%) Advertising
8 3 (1.34%) Prime Brokerage
9 2 (0.89%) Retail
10 1 (0.45%) Corporate Banking
10 1 (0.45%) Financial Institution
10 1 (0.45%) French Language
10 1 (0.45%) International Banking
10 1 (0.45%) Marketing
10 1 (0.45%) Spanish Language
10 1 (0.45%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 9 (4.02%) FIX Protocol
2 6 (2.68%) FpML
3 4 (1.79%) XML
4 1 (0.45%) .NET
4 1 (0.45%) HTML
4 1 (0.45%) HTML5
Miscellaneous
1 62 (27.68%) Derivative
2 51 (22.77%) Equities
3 36 (16.07%) Foreign Exchange (FX)
4 22 (9.82%) Fixed Income
5 20 (8.93%) Fintech
6 17 (7.59%) Equity Derivative
7 9 (4.02%) Analytical Skills
8 6 (2.68%) Interest Rate Derivative
8 6 (2.68%) OTC Derivatives
9 5 (2.23%) Management Information System
9 5 (2.23%) Swaptions
10 4 (1.79%) Hedge funds
10 4 (1.79%) Reference Data
11 1 (0.45%) Computer Science
11 1 (0.45%) Credit Derivative
11 1 (0.45%) Data Structures
11 1 (0.45%) Market Risk
11 1 (0.45%) PMI
Operating Systems
1 2 (0.89%) Linux
1 2 (0.89%) Windows
Processes & Methodologies
1 82 (36.61%) Business Analysis
2 49 (21.88%) Asset Management
3 41 (18.30%) Stakeholder Management
4 37 (16.52%) Investment Management
5 34 (15.18%) GAP Analysis
6 33 (14.73%) Wealth Management
7 25 (11.16%) Agile Software Development
8 23 (10.27%) Project Management
9 20 (8.93%) SDLC
9 20 (8.93%) Use Case
10 18 (8.04%) Change Management
11 14 (6.25%) Requirements Analysis
11 14 (6.25%) Test Scripting
11 14 (6.25%) UML
12 13 (5.80%) Data Management
12 13 (5.80%) Regulatory Compliance
12 13 (5.80%) Stakeholder and Relationship Management
13 12 (5.36%) Business Process Analysis
14 10 (4.46%) SWOT Analysis
14 10 (4.46%) User Acceptance Testing
Programming Languages
1 13 (5.80%) SQL
2 2 (0.89%) Java
3 1 (0.45%) C
3 1 (0.45%) C#
3 1 (0.45%) PL/SQL
Qualifications
1 7 (3.13%) Degree
1 7 (3.13%) ISEB
2 1 (0.45%) PMI Certification
2 1 (0.45%) PMP
Quality Assurance & Compliance
1 224 (100.00%) MiFID
2 45 (20.09%) EMIR
3 39 (17.41%) Dodd-Frank
4 8 (3.57%) QA
5 7 (3.13%) AIFMD
6 4 (1.79%) Solvency II
7 3 (1.34%) FATCA
8 2 (0.89%) SEPA
9 1 (0.45%) Data Quality
9 1 (0.45%) GDPR
9 1 (0.45%) UCITS
Vendors
1 6 (2.68%) Fidessa
2 5 (2.23%) Bloomberg
3 3 (1.34%) Charles River
4 2 (0.89%) Microsoft
4 2 (0.89%) Oracle
5 1 (0.45%) Calypso
5 1 (0.45%) ION Trading
5 1 (0.45%) Murex
London
TEKsystems
Rate: £700 - £750 per day
Posted: 4 hours ago
City, London
Haysfm
Rate: £550.00 - £610.00 per day
Posted: 10 hours ago
City, London
JM
Rate: £600 - £650 per day
Posted: 9 hours ago
London
Pioneer Search
Rate: £600 - £650 per day
Posted: Yesterday
London
Harvey Nash plc
Rate: £450 - £500 per day +
Posted: Yesterday
City, London
Hays Finance Technology
Rate: £650.00 - £700.00 per day
Posted: 2 days ago
City, London
Haysfm
Rate: £550.00 - £620.00 per day
Posted: 5 days ago