The table below looks at the statistics for MiFID skills in IT contracts advertised for the London 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 326 368 401
Rank change year-on-year
+42 +33
Contract jobs citing MiFID 119 52 33
As % of all contract IT jobs located in London 0.52% 0.23% 0.14%
As % of the Quality Assurance & Compliance category 5.94% 2.64% 1.44%
Number of daily rates quoted 85 39 26
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 £350
10% offered a daily rate of more than £730 £750 £663
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
England

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 London region.

Quality Assurance & Compliance Category
London
Contract IT job ads with a match in the
Quality Assurance & Compliance category
2005 1972 2295
As % of all contract IT jobs located in London 8.78% 8.83% 9.68%
Number of daily rates quoted 1419 1368 1628
Median daily rate £450 £450 £450
90% offered a daily rate of more than £300 £280 £285
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £388 £370
% change year-on-year
+3.22% +4.72%
Number of hourly rates quoted 25 20 35
Median hourly rate £22.00 £20.00 £20.50
Median hourly rate % change year-on-year
+10.00% -2.43%
90% offered a hourly rate of more than £14.10 £12.00 £14.90
10% offered a hourly rate of more than £29.50 £115.00 £55.65
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 London

The demand trend of contract jobs across the London region citing MiFID as a proportion of all IT contracts with a match in the Quality Assurance & Compliance category.

MiFID Jobs Demand Trend in London

MiFID
Daily Rate Trend in London

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

MiFID Daily Rate Trend in London

MiFID
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing MiFID across the London region over the 3 months to 3 May 2016.

MiFID Daily Rate Histogram in London

MiFID
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing MiFID across the London region.

MiFID Hourly Rate Trend in London

MiFID
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 within the London 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
City of London +45 23 £600 -9.43% 8
MiFID
England

MiFID
Top 30 Related IT Skills in London

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 London region with a requirement for MiFID.

1 160 (52.98%) Banking
2 151 (50.00%) Finance
3 108 (35.76%) EMIR
4 98 (32.45%) Investment Banking
5 84 (27.81%) Dodd-Frank
6 71 (23.51%) Business Analysis
7 69 (22.85%) Front Office
8 67 (22.19%) Derivative
9 55 (18.21%) Project Management
10 54 (17.88%) Stakeholder Management
11 47 (15.56%) Asset Management
12 45 (14.90%) Equities
13 41 (13.58%) SQL
13 41 (13.58%) SDLC
14 32 (10.60%) Fixed Income
14 32 (10.60%) Back Office
15 31 (10.26%) AIFMD
15 31 (10.26%) Analytical Skills
16 27 (8.94%) FATCA
17 26 (8.61%) Hedge funds
17 26 (8.61%) Agile Software Development
18 25 (8.28%) Degree
18 25 (8.28%) Foreign Exchange (FX)
19 24 (7.95%) Legal
20 22 (7.28%) GAP Analysis
21 21 (6.95%) QA
21 21 (6.95%) Change Management
22 20 (6.62%) Calypso
23 19 (6.29%) Murex
23 19 (6.29%) Java

MiFID
Top Related 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 4 (1.32%) Skype for Business
2 1 (0.33%) SharePoint
Applications
1 12 (3.97%) MS Office
2 8 (2.65%) MS PowerPoint
3 6 (1.99%) MS Visio
4 5 (1.66%) MS Excel
5 2 (0.66%) MS Project
Business Applications
1 18 (5.96%) Summit
2 2 (0.66%) ION MarketView
3 1 (0.33%) Eagle PACE
3 1 (0.33%) Endur
3 1 (0.33%) Global One
3 1 (0.33%) Loan IQ
3 1 (0.33%) Markit EDM
3 1 (0.33%) Oracle Procure-to-Pay
3 1 (0.33%) Temenos T24
Communications & Networking
1 3 (0.99%) HTTP
1 3 (0.99%) PBX
2 2 (0.66%) HTTPS
3 1 (0.33%) Firewall
3 1 (0.33%) Multicast
3 1 (0.33%) SNMP
3 1 (0.33%) TCP/IP
Database & Business Intelligence
1 7 (2.32%) SQL Server
2 6 (1.99%) Data Warehouse
3 3 (0.99%) QlikView
3 3 (0.99%) RDBMS
3 3 (0.99%) Relational Database
3 3 (0.99%) SQL Server 2008
4 2 (0.66%) Oracle Reports
4 2 (0.66%) SQL Server 2012
5 1 (0.33%) Big Data
5 1 (0.33%) BusinessObjects
5 1 (0.33%) Crystal Reports
5 1 (0.33%) NoSQL
5 1 (0.33%) OLTP
5 1 (0.33%) SQL Server Integration Services
5 1 (0.33%) SQL Server Reporting Services
Development Applications
1 4 (1.32%) Visual Studio Tools for Office
2 2 (0.66%) Cucumber
2 2 (0.66%) Selenium
2 2 (0.66%) Subversion
3 1 (0.33%) MSTest
3 1 (0.33%) NUnit
3 1 (0.33%) TeamCity
3 1 (0.33%) Visual Studio
General
1 160 (52.98%) Banking
2 151 (50.00%) Finance
3 98 (32.45%) Investment Banking
4 69 (22.85%) Front Office
5 32 (10.60%) Back Office
6 24 (7.95%) Legal
7 10 (3.31%) Retail
8 7 (2.32%) Retail Banking
8 7 (2.32%) Wholesale Banking
9 4 (1.32%) Electronics
9 4 (1.32%) French Language
9 4 (1.32%) Private Banking
10 3 (0.99%) Financial Institution
10 3 (0.99%) International Banking
11 2 (0.66%) Marketing
12 1 (0.33%) Advertising
12 1 (0.33%) Games
12 1 (0.33%) Pharmaceutical
12 1 (0.33%) Telecoms
Job Titles
1 175 (57.95%) Analyst
2 168 (55.63%) Business Analyst
3 82 (27.15%) MiFID Business Analyst
4 64 (21.19%) Project Manager
5 56 (18.54%) Regulatory Business Analyst
6 33 (10.93%) Banking Analyst
7 32 (10.60%) Report Analyst
8 28 (9.27%) Business IT Analyst
8 28 (9.27%) IT Analyst
8 28 (9.27%) IT Business Analyst
9 26 (8.61%) Regulatory Reporting Business Analyst
10 22 (7.28%) MiFID Project Manager
11 19 (6.29%) Programme Manager
11 19 (6.29%) Project Analyst
12 18 (5.96%) Investment Banking Business Analyst
12 18 (5.96%) Senior Business Analyst
13 17 (5.63%) Senior Analyst
14 16 (5.30%) Finance Business Analyst
14 16 (5.30%) Financial Analyst
15 14 (4.64%) Financial Business Analyst
Libraries, Frameworks & Software Standards
1 14 (4.64%) XML
2 13 (4.30%) .NET
3 9 (2.98%) Web Services
4 5 (1.66%) WPF
5 4 (1.32%) .NET Framework
5 4 (1.32%) ASP.NET
5 4 (1.32%) ASP.NET MVC
5 4 (1.32%) FIXML
5 4 (1.32%) FpML
5 4 (1.32%) OOXML
5 4 (1.32%) WinForms
6 3 (0.99%) FIX Protocol
6 3 (0.99%) WCF
7 2 (0.66%) AngularJS
7 2 (0.66%) HTML
7 2 (0.66%) Middleware
8 1 (0.33%) ASP.NET MVC 4
8 1 (0.33%) KnockoutJS
8 1 (0.33%) Spring Integration
8 1 (0.33%) Twitter Bootstrap
Miscellaneous
1 67 (22.19%) Derivative
2 45 (14.90%) Equities
3 32 (10.60%) Fixed Income
4 31 (10.26%) Analytical Skills
5 26 (8.61%) Hedge funds
6 25 (8.28%) Foreign Exchange (FX)
7 19 (6.29%) Market Risk
8 18 (5.96%) Computer Science
9 14 (4.64%) Equity Derivative
10 6 (1.99%) Economics
10 6 (1.99%) Management Information System
10 6 (1.99%) Reference Data
10 6 (1.99%) Statistics
11 5 (1.66%) SWIFT
12 3 (0.99%) Data Integration
13 2 (0.66%) DTCC
13 2 (0.66%) Enterprise Software
13 2 (0.66%) Fintech
13 2 (0.66%) Reinsurance
14 1 (0.33%) Contract for Difference
Operating Systems
1 8 (2.65%) Linux
2 6 (1.99%) Windows
3 5 (1.66%) Unix
4 3 (0.99%) Windows 7
5 2 (0.66%) Solaris
6 1 (0.33%) AIX
6 1 (0.33%) Oracle Linux
6 1 (0.33%) Red Hat Enterprise Linux
Processes & Methodologies
1 71 (23.51%) Business Analysis
2 55 (18.21%) Project Management
3 54 (17.88%) Stakeholder Management
4 47 (15.56%) Asset Management
5 41 (13.58%) SDLC
6 26 (8.61%) Agile Software Development
7 22 (7.28%) GAP Analysis
8 21 (6.95%) Change Management
9 19 (6.29%) PRINCE2
10 18 (5.96%) Algorithmic Trading
11 17 (5.63%) Data Modelling
11 17 (5.63%) Investment Management
12 16 (5.30%) User Acceptance Testing
13 12 (3.97%) Electronic Trading
14 10 (3.31%) Continuous Integration
14 10 (3.31%) Fund Management
14 10 (3.31%) Low Latency
15 9 (2.98%) Data Analysis
15 9 (2.98%) Data Management
15 9 (2.98%) Target Operating Model
Programming Languages
1 41 (13.58%) SQL
2 19 (6.29%) Java
3 12 (3.97%) C#
4 8 (2.65%) Perl
4 8 (2.65%) Python
5 7 (2.32%) C++
6 6 (1.99%) Bash Shell
7 4 (1.32%) VBA
8 3 (0.99%) VB
9 2 (0.66%) C
9 2 (0.66%) JavaScript
9 2 (0.66%) PL/SQL
10 1 (0.33%) Ruby
10 1 (0.33%) Scala
Qualifications
1 25 (8.28%) Degree
2 2 (0.66%) PRINCE2 Certification
3 1 (0.33%) CBAP
3 1 (0.33%) ISEB
3 1 (0.33%) ISTQB
3 1 (0.33%) MBA
Quality Assurance & Compliance
1 108 (35.76%) EMIR
2 84 (27.81%) Dodd-Frank
3 31 (10.26%) AIFMD
4 27 (8.94%) FATCA
5 21 (6.95%) QA
6 13 (4.30%) UCITS
7 7 (2.32%) Basel II
7 7 (2.32%) CRD IV
8 5 (1.66%) Solvency II
9 3 (0.99%) SLA
10 2 (0.66%) Basel III
10 2 (0.66%) BS25999
10 2 (0.66%) COBIT
10 2 (0.66%) COSO
10 2 (0.66%) ISO/IEC 27001
11 1 (0.33%) Data Quality
11 1 (0.33%) ISO20022
System Software
1 1 (0.33%) Veritas Cluster Server
1 1 (0.33%) VMware Infrastructure
Systems Management
1 1 (0.33%) Control-M
1 1 (0.33%) HP Quality Center
Vendors
1 20 (6.62%) Calypso
2 19 (6.29%) Murex
3 17 (5.63%) Oracle
4 15 (4.97%) Microsoft
5 5 (1.66%) Fidessa
6 4 (1.32%) Bloomberg
6 4 (1.32%) ION Trading
7 3 (0.99%) Avaloq
7 3 (0.99%) Sophis
7 3 (0.99%) Temenos
8 2 (0.66%) Sybase
9 1 (0.33%) Alias
9 1 (0.33%) Cisco
9 1 (0.33%) HP
9 1 (0.33%) Informatica
9 1 (0.33%) OpenLink
9 1 (0.33%) Red Hat
9 1 (0.33%) Reuters
9 1 (0.33%) SunGard
9 1 (0.33%) Veritas
London
HAYS INFORMATION TECHNOLOGY
Rate: £550.00 per day
Posted: 3 days ago
London
iKas International
Rate: £500 - £600 per day
Posted: 19 days ago
London
Vivid Resourcing
Rate: £75k - 80k per year
Posted: 24 days ago