Period
to 19 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for EMIR skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited EMIR over the 6 months to 19 November 2017 with a comparison to the 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.

European Market Infrastructure Regulation (EMIR)
Central London > City of London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 194 241 231
Rank change year-on-year +47 -10 +31
Contract jobs citing EMIR 46 12 40
As % of all contract IT jobs advertised in the City of London 0.65% 0.18% 0.44%
As % of the Quality Assurance & Compliance category 4.95% 1.52% 3.90%
Number of daily rates quoted 37 7 35
City of London median daily rate £550 £525 £540
Median daily rate % change year-on-year +4.76% -2.78% -1.82%
10th Percentile £363 £463 £413
90th Percentile £688 £630 £713
Central London median daily rate £550 £525 £545
% change year-on-year +4.76% -3.67% -0.91%
Number of hourly rates quoted 0 0 1
City of London median hourly rate - - £25.00
Central London median hourly rate - - £25.00

EMIR is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 929 787 1026
As % of all contract IT jobs advertised in the City of London 13.22% 11.83% 11.17%
Number of daily rates quoted 728 627 748
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.61% +1.07%
10th Percentile £313 £313 £281
90th Percentile £675 £675 £625
Central London median daily rate £483 £475 £450
% change year-on-year +1.58% +5.56% +2.86%
Number of hourly rates quoted 16 5 14
City of London median hourly rate £15.00 £46.50 £19.98
Median hourly rate % change year-on-year -67.74% +132.79% +19.25%
Central London median hourly rate £15.00 £46.50 £21.25
% change year-on-year -67.74% +118.82% +37.10%

EMIR
Job Vacancy Trend in the City of London

Job postings citing EMIR as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for EMIR in the City of London

EMIR
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing EMIR in the City of London.

Contractor daily rate trend for EMIR in the City of London

EMIR
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing EMIR in the City of London over the 6 months to 19 November 2017.

Contractor daily rate histogram for EMIR in the City of London

For the 6 months to 19 November 2017, 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 across the City of London region with a requirement for EMIR.

1 37 (80.43%) MiFID
2 27 (58.70%) Finance
3 18 (39.13%) Derivative
4 16 (34.78%) Front Office
5 14 (30.43%) Banking
5 14 (30.43%) Project Management
5 14 (30.43%) Business Analysis
5 14 (30.43%) Dodd-Frank
6 12 (26.09%) Investment Banking
7 11 (23.91%) Asset Management
7 11 (23.91%) Back Office
7 11 (23.91%) Fixed Income
8 10 (21.74%) QA
8 10 (21.74%) User Acceptance Testing
9 9 (19.57%) Equities
9 9 (19.57%) SQL
10 7 (15.22%) Foreign Exchange (FX)
10 7 (15.22%) Agile Software Development
11 6 (13.04%) Manual Testing
11 6 (13.04%) Waterfall
11 6 (13.04%) Analytical Skills
11 6 (13.04%) Scenario Testing
12 5 (10.87%) Market Surveillance
12 5 (10.87%) HP Quality Center
12 5 (10.87%) Swaptions
12 5 (10.87%) Interest Rate Derivative
12 5 (10.87%) Equity Derivative
12 5 (10.87%) Financial Institution
13 4 (8.70%) Microsoft
13 4 (8.70%) Stakeholder Management

EMIR
Co-occurring IT Skills in the City of 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:

Applications
1 3 (6.52%) MS Visio
2 2 (4.35%) Microsoft Office
Business Applications
1 1 (2.17%) Markit EDM
Database & Business Intelligence
1 3 (6.52%) NoSQL
2 1 (2.17%) Data Warehouse
2 1 (2.17%) QlikView
Development Applications
1 1 (2.17%) FitNesse
1 1 (2.17%) JIRA
General
1 27 (58.70%) Finance
2 16 (34.78%) Front Office
3 14 (30.43%) Banking
4 12 (26.09%) Investment Banking
5 11 (23.91%) Back Office
6 5 (10.87%) Financial Institution
7 1 (2.17%) Advertising
7 1 (2.17%) Legal
Job Titles
1 25 (54.35%) Analyst
2 22 (47.83%) Business Analyst
3 11 (23.91%) MiFID Business Analyst
4 6 (13.04%) Regulatory Business Analyst
5 5 (10.87%) Developer
5 5 (10.87%) Project Manager
5 5 (10.87%) QA Leader
5 5 (10.87%) Test Leader
6 4 (8.70%) SQL Analyst
7 3 (6.52%) Asset Management Business Analyst
7 3 (6.52%) Asset Management Project Manager
7 3 (6.52%) Change Manager
7 3 (6.52%) Coordinator
7 3 (6.52%) Integration Analyst
7 3 (6.52%) QA Coordinator
7 3 (6.52%) Senior Analyst
7 3 (6.52%) Technical Analyst
7 3 (6.52%) Technical Business Analyst
7 3 (6.52%) Test Analyst
7 3 (6.52%) Test Coordinator
Libraries, Frameworks & Software Standards
1 2 (4.35%) .NET
1 2 (4.35%) .NET Framework
1 2 (4.35%) FpML
1 2 (4.35%) JSON
1 2 (4.35%) WCF
1 2 (4.35%) WinForms
1 2 (4.35%) WPF
1 2 (4.35%) XML
2 1 (2.17%) Kafka
2 1 (2.17%) Murex MxML
2 1 (2.17%) XSD
2 1 (2.17%) XSLT
Miscellaneous
1 18 (39.13%) Derivative
2 11 (23.91%) Fixed Income
3 9 (19.57%) Equities
4 7 (15.22%) Foreign Exchange (FX)
5 6 (13.04%) Analytical Skills
6 5 (10.87%) Equity Derivative
6 5 (10.87%) Interest Rate Derivative
6 5 (10.87%) Swaptions
7 4 (8.70%) OTC Derivatives
8 3 (6.52%) DTCC
9 1 (2.17%) Hedge funds
9 1 (2.17%) Market Risk
Processes & Methodologies
1 14 (30.43%) Business Analysis
1 14 (30.43%) Project Management
2 11 (23.91%) Asset Management
3 10 (21.74%) User Acceptance Testing
4 7 (15.22%) Agile Software Development
5 6 (13.04%) Manual Testing
5 6 (13.04%) Scenario Testing
5 6 (13.04%) Waterfall
6 5 (10.87%) Market Surveillance
7 4 (8.70%) Data Analysis
7 4 (8.70%) Investment Management
7 4 (8.70%) Stakeholder Management
8 3 (6.52%) BPMN
8 3 (6.52%) Change Control
8 3 (6.52%) Mathematics
8 3 (6.52%) OO
8 3 (6.52%) Physics
8 3 (6.52%) Process Improvement
8 3 (6.52%) Programme Management
8 3 (6.52%) Stochastic Calculus
Programming Languages
1 9 (19.57%) SQL
2 3 (6.52%) C++
3 2 (4.35%) C#
4 1 (2.17%) XPath
Qualifications
1 3 (6.52%) PhD
2 2 (4.35%) ISEB
Quality Assurance & Compliance
1 37 (80.43%) MiFID
2 14 (30.43%) Dodd-Frank
3 10 (21.74%) QA
4 4 (8.70%) AIFMD
5 2 (4.35%) GDPR
5 2 (4.35%) PMO
5 2 (4.35%) Solvency II
6 1 (2.17%) FATCA
Systems Management
1 5 (10.87%) HP Quality Center
Vendors
1 4 (8.70%) Microsoft
2 1 (2.17%) Charles River
2 1 (2.17%) Murex