Period
to 18 August 2018

The median contractor rate for a Business IT Analyst was £485 per day in advertised job vacancies in London during the 6 months to 18 August 2018.

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.

Business IT Analyst
England > London
6 months to
18 Aug 2018
Same period 2017 Same period 2016
Rank 495 432 420
Rank change year-on-year -63 -12 0
Contract jobs requiring a Business IT Analyst 131 169 193
As % of all contract IT jobs advertised in London 0.29% 0.39% 0.43%
As % of the Job Titles category 0.30% 0.41% 0.45%
Number of daily rates quoted 105 120 161
London median daily rate £485 £575 £500
Median daily rate % change year-on-year -15.65% +15.00% -4.76%
10th Percentile £354 £368 £350
90th Percentile £689 £739 £650
England median daily rate £450 £475 £440
% change year-on-year -5.26% +7.95% -2.22%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate £45.00 £29.50 £26.50
% change year-on-year +52.54% +11.32% -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies advertised in 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
London
Contract vacancies in London with a recognized job title 43,454 40,952 42,988
% of contract IT jobs with a recognized job title 94.73% 95.07% 95.15%
Number of daily rates quoted 31,370 29,217 30,954
London median daily rate £500 £480 £450
Median daily rate % change year-on-year +4.17% +6.67% +1.12%
10th Percentile £313 £306 £288
90th Percentile £675 £650 £638
England median daily rate £450 £450 £425
% change year-on-year - +5.88% +6.25%
Number of hourly rates quoted 629 504 477
London median hourly rate £20.00 £21.23 £18.75
Median hourly rate % change year-on-year -5.77% +13.20% -3.88%
10th Percentile £13.10 £12.52 £10.75
90th Percentile £51.25 £50.00 £48.54
England median hourly rate £18.50 £18.50 £19.00
% change year-on-year - -2.63% +6.83%

Business IT Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Business IT Analyst in London

Business IT Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Business IT Analyst in London

Business IT Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Business IT Analyst in London over the 6 months to 18 August 2018.

Contractor daily rate histogram for Business IT Analyst in London

Business IT Analyst
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Business IT Analyst in London

Business IT Analyst
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 Business IT Analyst within the London region over the 6 months to 18 August 2018. 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
Central London -42 25 £471 -21.46% 3
West London -15 12 £400 -20.00% 6
East London -23 5 £400 -33.33%
North London +6 2 £388 - 1
South London -41 1 £438 -13.37% 1
Business IT Analyst
England

Business IT Analyst Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 18 August 2018, Business IT Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the London region featuring Business IT Analyst in the job title.

1 54 (41.22%) Finance
2 51 (38.93%) Business Analysis
3 35 (26.72%) Banking
4 29 (22.14%) Stakeholder Management
5 28 (21.37%) Agile Software Development
6 22 (16.79%) Investment Banking
7 18 (13.74%) Migration
8 17 (12.98%) Use Case
9 16 (12.21%) Change Management
9 16 (12.21%) Project Management
9 16 (12.21%) SQL
10 14 (10.69%) Fixed Income
10 14 (10.69%) Retail
11 13 (9.92%) Front Office
12 12 (9.16%) UML
12 12 (9.16%) Data Modelling
12 12 (9.16%) Foreign Exchange (FX)
13 11 (8.40%) CRM
13 11 (8.40%) Derivative
13 11 (8.40%) User Acceptance Testing
13 11 (8.40%) Translating Business Requirements
14 10 (7.63%) Analytical Skills
14 10 (7.63%) Oracle
15 9 (6.87%) GAP Analysis
15 9 (6.87%) Degree
15 9 (6.87%) MiFID
15 9 (6.87%) JIRA
16 8 (6.11%) Analytics
16 8 (6.11%) Waterfall
16 8 (6.11%) Workflow

Business IT Analyst Skill Set
Co-occurring 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 2 (1.53%) Apache Spark
1 2 (1.53%) Confluence
2 1 (0.76%) Appian
2 1 (0.76%) SAP Portal
2 1 (0.76%) SharePoint
Applications
1 5 (3.82%) Microsoft Office
2 4 (3.05%) Microsoft Excel
2 4 (3.05%) MS Visio
3 1 (0.76%) Microsoft PowerPoint
Business Applications
1 2 (1.53%) Oracle Financials
1 2 (1.53%) Oracle Retail
1 2 (1.53%) Temenos T24
2 1 (0.76%) Endur
2 1 (0.76%) HiPortfolio
2 1 (0.76%) IntelliMatch
2 1 (0.76%) ION MarketView
2 1 (0.76%) NetSuite
Cloud Services
1 5 (3.82%) SaaS
2 2 (1.53%) OpenShift
3 1 (0.76%) Yammer
Communications & Networking
1 2 (1.53%) Network Security
1 2 (1.53%) SMS
Database & Business Intelligence
1 6 (4.58%) Data Mining
1 6 (4.58%) Data Warehouse
2 3 (2.29%) Blockchain
2 3 (2.29%) Hadoop
3 2 (1.53%) Apache Hive
3 2 (1.53%) Big Data
3 2 (1.53%) OLAP
3 2 (1.53%) OLAP Cube
3 2 (1.53%) Oracle OLAP
3 2 (1.53%) QlikView
3 2 (1.53%) Relational Database
4 1 (0.76%) Presto
4 1 (0.76%) Qlik Sense
4 1 (0.76%) Spotfire
Development Applications
1 9 (6.87%) JIRA
2 1 (0.76%) Rational Team Concert
2 1 (0.76%) Team Foundation Server
2 1 (0.76%) TestDirector
2 1 (0.76%) Visual Studio
General
1 54 (41.22%) Finance
2 35 (26.72%) Banking
3 22 (16.79%) Investment Banking
4 14 (10.69%) Retail
5 13 (9.92%) Front Office
6 4 (3.05%) Back Office
6 4 (3.05%) Legal
7 2 (1.53%) Billing
7 2 (1.53%) Financial Institution
7 2 (1.53%) Pharmaceutical
7 2 (1.53%) Private Banking
8 1 (0.76%) Local Government
8 1 (0.76%) Marketing
8 1 (0.76%) Retail Finance
8 1 (0.76%) Spanish Language
Libraries, Frameworks & Software Standards
1 6 (4.58%) FpML
2 4 (3.05%) XML
3 2 (1.53%) Kafka
3 2 (1.53%) MDX
4 1 (0.76%) EDIFACT
4 1 (0.76%) Web Services
Miscellaneous
1 14 (10.69%) Fixed Income
2 12 (9.16%) Foreign Exchange (FX)
3 11 (8.40%) Derivative
4 10 (7.63%) Analytical Skills
5 7 (5.34%) Equities
6 6 (4.58%) Credit Risk
6 6 (4.58%) Market Risk
6 6 (4.58%) Self-Motivation
7 4 (3.05%) Greenfield Project
7 4 (3.05%) Reinsurance
7 4 (3.05%) Virtual Team
8 3 (2.29%) Computer Science
8 3 (2.29%) Mobile App
8 3 (2.29%) PMI
9 2 (1.53%) Data Structures
9 2 (1.53%) OTC Derivatives
10 1 (0.76%) Data Centre
10 1 (0.76%) NHS
10 1 (0.76%) N-Tier
10 1 (0.76%) User Experience
Operating Systems
1 6 (4.58%) Windows
2 1 (0.76%) Linux
2 1 (0.76%) Unix
2 1 (0.76%) Windows 10
2 1 (0.76%) Windows 7
Processes & Methodologies
1 51 (38.93%) Business Analysis
2 29 (22.14%) Stakeholder Management
3 28 (21.37%) Agile Software Development
4 18 (13.74%) Migration
5 17 (12.98%) Use Case
6 16 (12.21%) Change Management
6 16 (12.21%) Project Management
7 12 (9.16%) Data Modelling
7 12 (9.16%) UML
8 11 (8.40%) CRM
8 11 (8.40%) Translating Business Requirements
8 11 (8.40%) User Acceptance Testing
9 9 (6.87%) GAP Analysis
10 8 (6.11%) Analytics
10 8 (6.11%) Asset Management
10 8 (6.11%) Data Analysis
10 8 (6.11%) Waterfall
10 8 (6.11%) Workflow
11 7 (5.34%) Electronic Trading
11 7 (5.34%) User Stories
Programming Languages
1 16 (12.21%) SQL
2 5 (3.82%) C
3 3 (2.29%) Java
4 2 (1.53%) XMLA
5 1 (0.76%) Python
Qualifications
1 9 (6.87%) Degree
2 4 (3.05%) ISEB
3 3 (2.29%) PMI Certification
4 1 (0.76%) CISSP
4 1 (0.76%) ITIL Certification
4 1 (0.76%) Master's Degree
4 1 (0.76%) MBA
Quality Assurance & Compliance
1 9 (6.87%) MiFID
2 8 (6.11%) GDPR
3 7 (5.34%) EMIR
4 6 (4.58%) QA
5 5 (3.82%) Dodd-Frank
6 3 (2.29%) PMO
7 2 (1.53%) ISO/IEC 27001
8 1 (0.76%) AIFMD
8 1 (0.76%) GxP
Systems Management
1 1 (0.76%) HP Quality Center
Vendors
1 10 (7.63%) Oracle
2 6 (4.58%) Microsoft
3 3 (2.29%) Murex
3 3 (2.29%) SAP
4 2 (1.53%) Hyperion
4 2 (1.53%) ION Trading
4 2 (1.53%) Pega
4 2 (1.53%) PeopleSoft
4 2 (1.53%) Salesforce.com
4 2 (1.53%) ServiceNow
4 2 (1.53%) Tableau
4 2 (1.53%) Vermilion
5 1 (0.76%) Bloomberg
5 1 (0.76%) Demandware
5 1 (0.76%) HP
5 1 (0.76%) IBM
5 1 (0.76%) SimCorp
5 1 (0.76%) Temenos
5 1 (0.76%) Teradata
5 1 (0.76%) TIBCO