Period
to 20 October 2021

The following table provides summary statistics for contract job vacancies advertised in 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 20 October 2021 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)
England > London
6 months to
20 Oct 2021
Same period 2020 Same period 2019
Rank 513 360 508
Rank change year-on-year -153 +148 +81
Contract jobs citing EMIR 64 9 55
As % of all contract jobs advertised in London 0.18% 0.064% 0.15%
As % of the Quality Assurance & Compliance category 1.46% 0.57% 1.42%
Number of daily rates quoted 59 7 45
10th Percentile £400 £362 £413
25th Percentile £548 £469 £513
Median daily rate (50th Percentile) £625 £625 £625
75th Percentile £750 £659 £700
90th Percentile £776 £695 "
England median daily rate £625 £613 £625
% change year-on-year +2.04% -2.00% -10.71%

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 London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 4,397 1,590 3,860
As % of all contract IT jobs advertised in London 12.28% 11.33% 10.54%
Number of daily rates quoted 3,029 1,079 2,685
10th Percentile £330 £305 £288
25th Percentile £425 £400 £385
Median daily rate (50th Percentile) £543 £500 £488
Median % change year-on-year +8.50% +2.56% +2.63%
75th Percentile £638 £588 £575
90th Percentile £725 £663 £663
England median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% -
Number of hourly rates quoted 45 8 51
10th Percentile £16.08 £14.29 £12.00
25th Percentile £20.11 £17.22 £13.00
Median hourly rate £27.00 £21.00 £18.50
Median % change year-on-year +28.57% +13.51% -11.90%
75th Percentile £33.75 £34.34 £26.84
90th Percentile £48.61 £51.40 £38.75
England median hourly rate £20.89 £22.50 £21.00
% change year-on-year -7.16% +7.14% -

EMIR
Job Vacancy Trend in London

Job postings citing EMIR as a proportion of all IT jobs advertised in London.

Job vacancy trend for EMIR in London

EMIR
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing EMIR in London.

Daily rate trend for EMIR in London

EMIR
Daily Rate Histogram in London

Daily rate distribution for jobs citing EMIR in London over the 6 months to 20 October 2021.

Daily rate histogram for EMIR in London

EMIR
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 EMIR within the London region over the 6 months to 20 October 2021. 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 -54 15 £650 +81.82% 1
East London - 8 £325 - 2
EMIR
England

For the 6 months to 20 October 2021, IT contractor jobs citing EMIR 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 London region with a requirement for EMIR.

1 50 (78.13%) MiFID
2 33 (51.56%) Finance
3 31 (48.44%) Banking
4 30 (46.88%) SQL
5 28 (43.75%) Stakeholder Management
6 24 (37.50%) QA
7 23 (35.94%) Data Analysis
8 19 (29.69%) Social Skills
9 17 (26.56%) JIRA
10 16 (25.00%) Business Analysis
10 16 (25.00%) Dodd-Frank
11 15 (23.44%) Agile Software Development
12 14 (21.88%) Confluence
12 14 (21.88%) Analytical Skills
13 13 (20.31%) Derivative
13 13 (20.31%) Front Office
14 12 (18.75%) XML
15 11 (17.19%) Data Modelling
16 10 (15.63%) Investment Banking
16 10 (15.63%) Fixed Income
16 10 (15.63%) GAP Analysis
16 10 (15.63%) Microsoft Excel
17 9 (14.06%) MS Visio
17 9 (14.06%) Unix
17 9 (14.06%) UML
17 9 (14.06%) Microsoft PowerPoint
17 9 (14.06%) FIX Protocol
17 9 (14.06%) TeamCity
18 8 (12.50%) Investment Management
18 8 (12.50%) FATCA

EMIR
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 14 (21.88%) Confluence
2 1 (1.56%) Apache
2 1 (1.56%) Apache Spark
Applications
1 10 (15.63%) Microsoft Excel
2 9 (14.06%) Microsoft PowerPoint
2 9 (14.06%) MS Visio
Business Applications
1 4 (6.25%) Markit EDM
Cloud Services
1 1 (1.56%) Power Platform
Communications & Networking
1 4 (6.25%) FIX Connectivity
Database & Business Intelligence
1 4 (6.25%) QlikView
1 4 (6.25%) Tableau
2 1 (1.56%) Apache Hive
2 1 (1.56%) Big Data
2 1 (1.56%) Hadoop
2 1 (1.56%) HBase
2 1 (1.56%) Power BI
2 1 (1.56%) Spark SQL
Development Applications
1 17 (26.56%) JIRA
2 9 (14.06%) TeamCity
3 1 (1.56%) Maven
General
1 33 (51.56%) Finance
2 31 (48.44%) Banking
3 19 (29.69%) Social Skills
4 14 (21.88%) Analytical Skills
5 13 (20.31%) Front Office
6 10 (15.63%) Investment Banking
7 5 (7.81%) Financial Institution
8 4 (6.25%) Back Office
8 4 (6.25%) Legal
9 3 (4.69%) Private Banking
9 3 (4.69%) Wholesale Banking
10 2 (3.13%) Influencing Skills
11 1 (1.56%) Organisational Skills
11 1 (1.56%) Presentation Skills
Job Titles
1 40 (62.50%) Business Analyst
2 39 (60.94%) Analyst
3 16 (25.00%) Report Analyst
4 11 (17.19%) Banking Analyst
5 10 (15.63%) Regulatory Business Analyst
6 9 (14.06%) Banking Business Analyst
6 9 (14.06%) Front Office Business Analyst
6 9 (14.06%) Investment Banking Business Analyst
6 9 (14.06%) Project Manager
7 7 (10.94%) Developer
7 7 (10.94%) Electronic Trading Business Analyst
8 6 (9.38%) Business Data Analyst
8 6 (9.38%) Data Analyst
8 6 (9.38%) Python Developer
9 4 (6.25%) Asset Management Analyst
9 4 (6.25%) Banking Project Manager
9 4 (6.25%) Business Manager
9 4 (6.25%) Commodities Business Analyst
9 4 (6.25%) Senior Business Analyst
10 3 (4.69%) Senior Manager
Libraries, Frameworks & Software Standards
1 12 (18.75%) XML
2 9 (14.06%) FIX Protocol
3 1 (1.56%) FpML
3 1 (1.56%) Kafka
Miscellaneous
1 13 (20.31%) Derivative
2 10 (15.63%) Fixed Income
3 5 (7.81%) OTC Derivatives
4 4 (6.25%) Foreign Exchange (FX)
5 3 (4.69%) Credit Derivative
6 2 (3.13%) Equities
6 2 (3.13%) Equity Derivative
6 2 (3.13%) Reference Data
7 1 (1.56%) ASIC
7 1 (1.56%) DTCC
7 1 (1.56%) User Experience
Operating Systems
1 9 (14.06%) Unix
Processes & Methodologies
1 28 (43.75%) Stakeholder Management
2 23 (35.94%) Data Analysis
3 16 (25.00%) Business Analysis
4 15 (23.44%) Agile Software Development
5 11 (17.19%) Data Modelling
6 10 (15.63%) GAP Analysis
7 9 (14.06%) UML
8 8 (12.50%) Investment Management
8 8 (12.50%) Project Management
9 7 (10.94%) Electronic Trading
10 6 (9.38%) ETL
11 5 (7.81%) Problem-Solving
11 5 (7.81%) Test Strategy
11 5 (7.81%) User Acceptance Testing
12 4 (6.25%) Integration Testing
12 4 (6.25%) Regtech
12 4 (6.25%) Release Management
12 4 (6.25%) System Integration Testing
12 4 (6.25%) Test Scripting
12 4 (6.25%) Waterfall
Programming Languages
1 30 (46.88%) SQL
2 6 (9.38%) Python
3 1 (1.56%) Java
3 1 (1.56%) Java 8
Quality Assurance & Compliance
1 50 (78.13%) MiFID
2 24 (37.50%) QA
3 16 (25.00%) Dodd-Frank
4 8 (12.50%) FATCA
5 3 (4.69%) GDPR
6 1 (1.56%) Basel III
6 1 (1.56%) PMO
Vendors
1 4 (6.25%) Bloomberg
1 4 (6.25%) ION Trading
1 4 (6.25%) MarketAxess
1 4 (6.25%) Tradeweb
2 1 (1.56%) Atlassian
2 1 (1.56%) Charles River
2 1 (1.56%) Cloudera
2 1 (1.56%) Hortonworks