Period
to 14 November 2019

The following table provides summary statistics for contract job vacancies advertised in England with a requirement for PSD2 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited PSD2 over the 6 months to 14 November 2019 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.

EU Revised Directive on Payment Services (PSD2)
UK > England
6 months to
14 Nov 2019
Same period 2018 Same period 2017
Rank 702 735 792
Rank change year-on-year +33 +57 +68
Contract jobs citing PSD2 74 136 77
As % of all contract IT jobs advertised in England 0.096% 0.14% 0.081%
As % of the Quality Assurance & Compliance category 0.92% 1.33% 0.65%
Number of daily rates quoted 51 95 55
England median daily rate £550 £550 £550
10th Percentile £331 £374 £435
90th Percentile £725 £775 £733
UK median daily rate £538 £538 £550
% change year-on-year - -2.27% +10.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK median hourly rate - - -

PSD2 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 England with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
England
Contract vacancies with a requirement for quality assurance or compliance skills 8,019 10,246 11,905
As % of all contract IT jobs advertised in England 10.43% 10.74% 12.57%
Number of daily rates quoted 5,048 6,549 7,857
England median daily rate £450 £450 £450
10th Percentile £250 £250 £263
90th Percentile £638 £625 £638
UK median daily rate £450 £450 £438
% change year-on-year - +2.86% +2.94%
Number of hourly rates quoted 352 348 330
England median hourly rate £21.42 £22.40 £20.00
Median hourly rate % change year-on-year -4.39% +11.99% -12.42%
10th Percentile £11.00 £11.15 £10.96
90th Percentile £56.23 £50.29 £48.81
UK median hourly rate £21.34 £22.00 £20.00
% change year-on-year -3.00% +10.00% -16.87%

PSD2
Job Vacancy Trend in England

Job postings citing PSD2 as a percentage of all IT jobs advertised in England.

Job vacancy trend for PSD2 in England

PSD2
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing PSD2 in England.

Contractor daily rate trend for PSD2 in England

PSD2
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing PSD2 in England over the 6 months to 14 November 2019.

Contractor daily rate histogram for PSD2 in England

PSD2
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing PSD2 within the England region over the 6 months to 14 November 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +34 60 £550 -4.35% 4
Midlands +42 6 £425 +9.68%
North of England +32 4 £550 +29.41%
North West +7 4 £550 +22.22%
South East - 4 £382 - 1
East Midlands +17 3 £394 +1.61%
West Midlands - 3 £425 -
PSD2
UK

For the 6 months to 14 November 2019, IT contractor jobs citing PSD2 also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the England region with a requirement for PSD2.

1 62 (83.78%) Banking
2 51 (68.92%) Finance
3 26 (35.14%) Agile Software Development
4 16 (21.62%) Fintech
5 15 (20.27%) SWIFT
6 12 (16.22%) Java
7 11 (14.86%) Docker
7 11 (14.86%) DevOps
7 11 (14.86%) Microservices
7 11 (14.86%) Kubernetes
8 10 (13.51%) Target Operating Model
9 9 (12.16%) Stakeholder Management
10 7 (9.46%) SEPA
10 7 (9.46%) RESTful
10 7 (9.46%) OAuth
11 6 (8.11%) User Acceptance Testing
11 6 (8.11%) Business Analysis
11 6 (8.11%) Software Engineering
12 5 (6.76%) Service Management
12 5 (6.76%) C#
12 5 (6.76%) QA
12 5 (6.76%) REST
12 5 (6.76%) Waterfall
12 5 (6.76%) Apache Cassandra
12 5 (6.76%) NoSQL
12 5 (6.76%) OpenAM
12 5 (6.76%) OAuth2
12 5 (6.76%) ForgeRock
12 5 (6.76%) Mentoring
12 5 (6.76%) Scenario Testing

PSD2
Co-occurring IT Skills in England 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 2 (2.70%) Anypoint
2 1 (1.35%) Confluence
2 1 (1.35%) Tomcat
Business Applications
1 2 (2.70%) Payment Gateway
2 1 (1.35%) Actimize
2 1 (1.35%) Finacle
Cloud Services
1 4 (5.41%) AWS
2 2 (2.70%) Azure
2 2 (2.70%) GCP
3 1 (1.35%) Amazon EC2
3 1 (1.35%) Amazon S3
3 1 (1.35%) AWS CloudFormation
3 1 (1.35%) GitHub
3 1 (1.35%) IaaS
3 1 (1.35%) PaaS
3 1 (1.35%) Power Platform
3 1 (1.35%) SaaS
3 1 (1.35%) Sage Pay
Communications & Networking
1 3 (4.05%) Firewall
2 1 (1.35%) Reverse Proxy
2 1 (1.35%) SSL
Database & Business Intelligence
1 5 (6.76%) Apache Cassandra
1 5 (6.76%) NoSQL
2 3 (4.05%) Neo4j
2 3 (4.05%) Redis
3 2 (2.70%) MongoDB
4 1 (1.35%) Power BI
4 1 (1.35%) SQL Server
Development Applications
1 3 (4.05%) Bitbucket
1 3 (4.05%) Git (software)
1 3 (4.05%) GitLab
1 3 (4.05%) Jenkins
2 2 (2.70%) JIRA
3 1 (1.35%) Ant
3 1 (1.35%) Artifactory
3 1 (1.35%) Cucumber
3 1 (1.35%) FishEye
3 1 (1.35%) Gerrit
3 1 (1.35%) Gradle
3 1 (1.35%) Maven
3 1 (1.35%) Selenium
3 1 (1.35%) Sonatype Nexus
General
1 62 (83.78%) Banking
2 51 (68.92%) Finance
3 4 (5.41%) Financial Institution
4 3 (4.05%) Back Office
4 3 (4.05%) Retail Banking
5 1 (1.35%) Corporate Banking
5 1 (1.35%) Public Sector
5 1 (1.35%) Retail
Job Titles
1 25 (33.78%) Analyst
2 17 (22.97%) Business Analyst
3 12 (16.22%) Architect
4 8 (10.81%) Developer
4 8 (10.81%) Payments Analyst
5 7 (9.46%) Banking Analyst
5 7 (9.46%) Payments Business Analyst
5 7 (9.46%) Project Manager
6 6 (8.11%) Test Analyst
7 5 (6.76%) C# Developer
8 4 (5.41%) Banking Project Manager
8 4 (5.41%) Finance Business Analyst
8 4 (5.41%) Financial Analyst
8 4 (5.41%) Process Analyst
8 4 (5.41%) Senior Analyst
8 4 (5.41%) Senior Business Analyst
8 4 (5.41%) Senior Financial Analyst
8 4 (5.41%) Senior Payments Business Analyst
8 4 (5.41%) Senior Process Analyst
9 3 (4.05%) Payments Architect
Libraries, Frameworks & Software Standards
1 7 (9.46%) OAuth
1 7 (9.46%) RESTful
2 5 (6.76%) OAuth2
2 5 (6.76%) REST
3 4 (5.41%) .NET
3 4 (5.41%) Spring
4 3 (4.05%) GraphQL
4 3 (4.05%) Spring Security
5 2 (2.70%) J2EE
5 2 (2.70%) OpenID
5 2 (2.70%) SAML
6 1 (1.35%) .NET Framework
6 1 (1.35%) AngularJS
6 1 (1.35%) ASP.NET
6 1 (1.35%) ASP.NET MVC
6 1 (1.35%) CSS
6 1 (1.35%) HTML
6 1 (1.35%) Middleware
6 1 (1.35%) Web Services
6 1 (1.35%) XML
Miscellaneous
1 15 (20.27%) SWIFT
2 4 (5.41%) Online Banking
3 2 (2.70%) Distributed Denial-of-Service
3 2 (2.70%) Foreign Exchange (FX)
3 2 (2.70%) Mobile App
3 2 (2.70%) Public Cloud
3 2 (2.70%) User Experience
4 1 (1.35%) Analytical Skills
4 1 (1.35%) Cyberattack
4 1 (1.35%) Mainframe
4 1 (1.35%) Mobile Banking
4 1 (1.35%) Private Cloud
4 1 (1.35%) Virtual Team
Operating Systems
1 2 (2.70%) Linux
2 1 (1.35%) Mac OS
2 1 (1.35%) VMS
2 1 (1.35%) Windows
Processes & Methodologies
1 26 (35.14%) Agile Software Development
2 16 (21.62%) Fintech
3 11 (14.86%) DevOps
3 11 (14.86%) Microservices
4 10 (13.51%) Target Operating Model
5 9 (12.16%) Stakeholder Management
6 6 (8.11%) Business Analysis
6 6 (8.11%) Software Engineering
6 6 (8.11%) User Acceptance Testing
7 5 (6.76%) Digital Banking
7 5 (6.76%) Mentoring
7 5 (6.76%) Scenario Testing
7 5 (6.76%) Service Management
7 5 (6.76%) Technical Leadership
7 5 (6.76%) Waterfall
8 4 (5.41%) API Design
8 4 (5.41%) Biometrics
8 4 (5.41%) ITSM
8 4 (5.41%) Malware Detection/Protection
8 4 (5.41%) Project Delivery
Programming Languages
1 12 (16.22%) Java
2 5 (6.76%) C#
3 3 (4.05%) JavaScript
4 2 (2.70%) Python
5 1 (1.35%) Bash Shell
5 1 (1.35%) C
5 1 (1.35%) Perl
5 1 (1.35%) Shell Script
Qualifications
1 3 (4.05%) CISM
1 3 (4.05%) CISSP
2 1 (1.35%) ITIL Certification
Quality Assurance & Compliance
1 7 (9.46%) SEPA
2 5 (6.76%) QA
3 4 (5.41%) GDPR
4 3 (4.05%) ISO/IEC 27001
5 1 (1.35%) Data Quality
5 1 (1.35%) PCI DSS
System Software
1 11 (14.86%) Docker
2 5 (6.76%) OpenAM
2 5 (6.76%) OpenDJ
3 2 (2.70%) OpenIDM
Systems Management
1 11 (14.86%) Kubernetes
2 2 (2.70%) PingFederate
3 1 (1.35%) Opscode Chef
3 1 (1.35%) Puppet
3 1 (1.35%) Terraform
Vendors
1 5 (6.76%) ForgeRock
2 4 (5.41%) FIS
3 3 (4.05%) MuleSoft
3 3 (4.05%) Ping Identity
4 2 (2.70%) Google
4 2 (2.70%) Microsoft
4 2 (2.70%) Sage
5 1 (1.35%) Dynatrace
5 1 (1.35%) JD Edwards
5 1 (1.35%) PayPal
5 1 (1.35%) Salesforce.com
5 1 (1.35%) SAP