The table below looks at the statistics for EMIR skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited EMIR over the 3 months to 30 September 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
30 Sep 2016
Same period 2015 Same period 2014
European Market Infrastructure Regulation (EMIR)
Rank 591 538 557
Rank change year-on-year
-53 +19
Contract jobs citing EMIR 61 135 84
As % of all contract IT jobs located in the UK 0.11% 0.23% 0.14%
As % of the Quality Assurance & Compliance category 1.19% 2.41% 1.55%
Number of daily rates quoted 29 91 71
Median daily rate £600 £550 £550
Median daily rate % change year-on-year
+9.09% -
90% offered a daily rate of more than £475 £425 £450
10% offered a daily rate of more than £715 £650 £675
UK excluding London median daily rate £550 £500 £500
% change year-on-year
+10.00% -
Number of hourly rates quoted 0 2 0
Median hourly rate - £21.00 -
UK excluding London median hourly rate - £17.00 -

The following table is for comparison with the above and provides statistics for the entire Quality Assurance & Compliance category in contract jobs advertised across the UK.

Quality Assurance & Compliance Category
UK
Contract IT job ads with a match in the
Quality Assurance & Compliance category
5119 5606 5435
As % of all contract IT jobs located in the UK 9.61% 9.69% 9.33%
Number of daily rates quoted 3316 3430 3402
Median daily rate £425 £428 £413
Median daily rate % change year-on-year
-0.58% +3.63%
90% offered a daily rate of more than £255 £275 £229
10% offered a daily rate of more than £600 £590 £575
UK excluding London median daily rate £400 £413 £375
% change year-on-year
-3.03% +10.00%
Number of hourly rates quoted 199 232 239
Median hourly rate £27.83 £25.06 £20.00
Median hourly rate % change year-on-year
+11.03% +25.30%
90% offered a hourly rate of more than £9.65 £11.50 £12.00
10% offered a hourly rate of more than £45.00 £55.00 £47.05
UK excluding London median hourly rate £32.00 £28.00 £20.00
% change year-on-year
+14.28% +40.00%

EMIR
Jobs Demand Trend

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

EMIR Jobs Demand Trend in the UK

EMIR
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing EMIR within the UK.

EMIR Daily Rate Trend in the UK

EMIR
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing EMIR within the UK over the 3 months to 30 September 2016.

EMIR Daily Rate Histogram in the UK

EMIR
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing EMIR within the UK.

EMIR Hourly Rate Trend in the UK

EMIR
Top 8 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing EMIR within the UK over the 3 months to 30 September 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
England -68 60 £600 +9.09% 4
London -49 59 £600 +9.09% 4
Canary Wharf +7 8 - -
City of London -1 5 £475 +11.76% 3
Edinburgh +11 1 - -
Scotland +8 1 - -
Surrey - 1 £550 -
South East - 1 £550 -

EMIR
Top 30 Related IT Skills

For the 6 months to 30 September 2016, IT contractor jobs citing EMIR also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for EMIR.

1 71 (76.34%) MiFID
2 57 (61.29%) Dodd-Frank
3 40 (43.01%) Banking
4 37 (39.78%) Finance
5 26 (27.96%) Investment Banking
6 25 (26.88%) Business Analysis
7 23 (24.73%) SQL
8 22 (23.66%) Foreign Exchange (FX)
9 20 (21.51%) Derivative
9 20 (21.51%) FpML
10 18 (19.35%) Fixed Income
11 17 (18.28%) Equities
11 17 (18.28%) Project Management
12 16 (17.20%) Front Office
13 15 (16.13%) FATCA
13 15 (16.13%) Reference Data
14 14 (15.05%) Degree
14 14 (15.05%) XML
15 13 (13.98%) QA
16 12 (12.90%) Agile Software Development
17 11 (11.83%) Legal
17 11 (11.83%) Change Management
17 11 (11.83%) User Acceptance Testing
17 11 (11.83%) Test Strategy
18 10 (10.75%) Investment Management
18 10 (10.75%) Stakeholder Management
18 10 (10.75%) ASIC
19 9 (9.68%) DSL
19 9 (9.68%) Back Office
20 8 (8.60%) Middleware

EMIR
Top Related IT Skills 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:

Applications
1 3 (3.23%) MS Project
2 2 (2.15%) MS Excel
3 1 (1.08%) MS PowerPoint
3 1 (1.08%) MS Visio
Business Applications
1 4 (4.30%) Summit
Communications & Networking
1 9 (9.68%) DSL
2 1 (1.08%) HTTP
Database & Business Intelligence
1 4 (4.30%) SQL Server
2 3 (3.23%) Relational Database
3 2 (2.15%) Big Data
3 2 (2.15%) Data Lake
4 1 (1.08%) Apache Cassandra
4 1 (1.08%) BusinessObjects
4 1 (1.08%) Hazelcast
4 1 (1.08%) KDB
4 1 (1.08%) Kdb+
4 1 (1.08%) MongoDB
4 1 (1.08%) NoSQL
4 1 (1.08%) Oracle Reports
4 1 (1.08%) Spotfire
4 1 (1.08%) Tick Data
Development Applications
1 4 (4.30%) JIRA
2 1 (1.08%) EasyMock
2 1 (1.08%) JUnit
General
1 40 (43.01%) Banking
2 37 (39.78%) Finance
3 26 (27.96%) Investment Banking
4 16 (17.20%) Front Office
5 11 (11.83%) Legal
6 9 (9.68%) Back Office
7 4 (4.30%) Financial Institution
8 3 (3.23%) Retail
9 2 (2.15%) French Language
10 1 (1.08%) Wholesale Banking
Job Titles
1 58 (62.37%) Analyst
2 50 (53.76%) Business Analyst
3 23 (24.73%) Report Analyst
4 22 (23.66%) MiFID Business Analyst
5 18 (19.35%) Project Manager
5 18 (19.35%) Regulatory Business Analyst
6 13 (13.98%) Regulatory Reporting Business Analyst
7 9 (9.68%) Senior Analyst
7 9 (9.68%) Senior Business Analyst
8 8 (8.60%) Business IT Analyst
8 8 (8.60%) IT Analyst
8 8 (8.60%) IT Business Analyst
9 7 (7.53%) Architect
10 6 (6.45%) MiFID Project Manager
10 6 (6.45%) Senior Reporting Analyst
11 5 (5.38%) Front Office Business Analyst
11 5 (5.38%) IT Manager
11 5 (5.38%) IT Project Manager
11 5 (5.38%) Solutions Architect
12 4 (4.30%) Technical Analyst
Libraries, Frameworks & Software Standards
1 20 (21.51%) FpML
2 14 (15.05%) XML
3 8 (8.60%) Middleware
4 4 (4.30%) FIX Protocol
4 4 (4.30%) HTML
5 3 (3.23%) FIXML
6 2 (2.15%) .NET
6 2 (2.15%) Web Services
7 1 (1.08%) WPF
Miscellaneous
1 22 (23.66%) Foreign Exchange (FX)
2 20 (21.51%) Derivative
3 18 (19.35%) Fixed Income
4 17 (18.28%) Equities
5 15 (16.13%) Reference Data
6 10 (10.75%) ASIC
7 6 (6.45%) DTCC
8 4 (4.30%) SWIFT
9 3 (3.23%) Computer Science
9 3 (3.23%) Management Information System
9 3 (3.23%) Market Risk
9 3 (3.23%) Mathematics
9 3 (3.23%) OTC Derivatives
10 2 (2.15%) Data Integration
10 2 (2.15%) Equity Derivative
11 1 (1.08%) Data Structures
11 1 (1.08%) Economics
11 1 (1.08%) Visualisation
Operating Systems
1 4 (4.30%) Unix
Processes & Methodologies
1 25 (26.88%) Business Analysis
2 17 (18.28%) Project Management
3 12 (12.90%) Agile Software Development
4 11 (11.83%) Change Management
4 11 (11.83%) Test Strategy
4 11 (11.83%) User Acceptance Testing
5 10 (10.75%) Investment Management
5 10 (10.75%) Stakeholder Management
6 8 (8.60%) SDLC
7 7 (7.53%) Asset Management
8 6 (6.45%) Data Analysis
8 6 (6.45%) Matrix Organization
8 6 (6.45%) Target Operating Model
9 5 (5.38%) Collateral Management
9 5 (5.38%) Wealth Management
10 4 (4.30%) Algorithmic Trading
10 4 (4.30%) Presales
10 4 (4.30%) Product Management
10 4 (4.30%) Regulatory Compliance
10 4 (4.30%) Risk Management
Programming Languages
1 23 (24.73%) SQL
2 7 (7.53%) Java
3 4 (4.30%) JavaScript
4 2 (2.15%) C
5 1 (1.08%) C#
Qualifications
1 14 (15.05%) Degree
Quality Assurance & Compliance
1 71 (76.34%) MiFID
2 57 (61.29%) Dodd-Frank
3 15 (16.13%) FATCA
4 13 (13.98%) QA
5 6 (6.45%) AIFMD
6 3 (3.23%) UCITS
7 1 (1.08%) Basel III
Systems Management
1 2 (2.15%) HP Quality Center
1 2 (2.15%) MOM
Vendors
1 4 (4.30%) Calypso
1 4 (4.30%) IBM
2 2 (2.15%) Palantir
3 1 (1.08%) FXall
3 1 (1.08%) Informatica
3 1 (1.08%) Oracle
3 1 (1.08%) Pega
3 1 (1.08%) SAP
3 1 (1.08%) Sophis
3 1 (1.08%) Tableau