Period
to 20 November 2017

The median contractor rate for a Functional Analyst was £360 per day in advertised job vacancies in the City of London during the 6 months to 20 November 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.

Functional Analyst
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 235 243 254
Rank change year-on-year +8 +11 +20
Contract jobs requiring a Functional Analyst 11 5 18
As % of all contract IT jobs advertised in the City of London 0.16% 0.076% 0.20%
As % of the Job Titles category 0.16% 0.079% 0.21%
Number of daily rates quoted 10 4 9
City of London median daily rate £360 £411 £450
Median daily rate % change year-on-year -12.41% -8.67% -8.63%
10th Percentile £253 £377 £120
90th Percentile £451 £420 £628
Central London median daily rate £360 £411 £450
% change year-on-year -12.41% -8.67% -3.74%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in the City of London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
City of London
Contract vacancies in the City of London with a recognized job title 6700 6297 8710
% of contract IT jobs with a recognized job title 94.53% 95.48% 95.27%
Number of daily rates quoted 5290 5007 6838
City of London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £313 £275
90th Percentile £678 £663 £650
Central London median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% +5.88%
Number of hourly rates quoted 94 77 127
City of London median hourly rate £17.00 £17.50 £19.00
Median hourly rate % change year-on-year -2.86% -7.89% +8.57%
10th Percentile £11.25 £11.50 £10.30
90th Percentile £29.29 £48.40 £39.25
Central London median hourly rate £18.10 £17.21 £18.00
% change year-on-year +5.19% -4.40% +7.46%

Functional Analyst
Job Vacancy Trend in the City of London

Job postings that featured Functional Analyst in the job title as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Functional Analyst in the City of London

Functional Analyst
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 Functional Analyst in the City of London.

Contractor daily rate trend for Functional Analyst in the City of London

Functional Analyst
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Functional Analyst in the City of London over the 6 months to 20 November 2017.

Contractor daily rate histogram for Functional Analyst in the City of London

Functional Analyst
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Functional Analyst in the City of London.

Contractor hourly rate trend for Functional Analyst in the City of London

Functional Analyst Skill Set
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 20 November 2017, Functional 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 City of London region featuring Functional Analyst in the job title.

1 6 (54.55%) Finance
2 4 (36.36%) Front Office
3 3 (27.27%) Fixed Income
3 3 (27.27%) Equities
3 3 (27.27%) Banking
3 3 (27.27%) Investment Banking
3 3 (27.27%) SimCorp
3 3 (27.27%) SimCorp Dimension
3 3 (27.27%) Fund Management
3 3 (27.27%) Investment Management
3 3 (27.27%) Asset Management
4 2 (18.18%) MiFID
4 2 (18.18%) Dynamics AX
4 2 (18.18%) Practice Management
4 2 (18.18%) SQL
4 2 (18.18%) Microsoft
5 1 (9.09%) Intranet
5 1 (9.09%) ERP
5 1 (9.09%) Management Information System
5 1 (9.09%) Java
5 1 (9.09%) Back Office
5 1 (9.09%) Law
5 1 (9.09%) Legal
5 1 (9.09%) Retail
5 1 (9.09%) Agile Software Development
5 1 (9.09%) Data Integration
5 1 (9.09%) Test Automation
5 1 (9.09%) Functional Testing
5 1 (9.09%) SDLC
5 1 (9.09%) Power BI

Functional Analyst Skill Set
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:

Business Applications
1 3 (27.27%) SimCorp Dimension
2 2 (18.18%) Dynamics AX
Communications & Networking
1 1 (9.09%) Intranet
Database & Business Intelligence
1 1 (9.09%) Power BI
1 1 (9.09%) SQL Server Reporting Services
Development Applications
1 1 (9.09%) JIRA
General
1 6 (54.55%) Finance
2 4 (36.36%) Front Office
3 3 (27.27%) Banking
3 3 (27.27%) Investment Banking
4 1 (9.09%) Back Office
4 1 (9.09%) Law
4 1 (9.09%) Legal
4 1 (9.09%) Retail
Miscellaneous
1 3 (27.27%) Equities
1 3 (27.27%) Fixed Income
2 1 (9.09%) Management Information System
Processes & Methodologies
1 3 (27.27%) Asset Management
1 3 (27.27%) Fund Management
1 3 (27.27%) Investment Management
2 2 (18.18%) Practice Management
3 1 (9.09%) Agile Software Development
3 1 (9.09%) Data Integration
3 1 (9.09%) ERP
3 1 (9.09%) Exploratory Testing
3 1 (9.09%) Functional Testing
3 1 (9.09%) SDLC
3 1 (9.09%) Test Automation
Programming Languages
1 2 (18.18%) SQL
2 1 (9.09%) Java
2 1 (9.09%) X++
Quality Assurance & Compliance
1 2 (18.18%) MiFID
Vendors
1 3 (27.27%) SimCorp
2 2 (18.18%) Microsoft