Period
to

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 17 May 2022 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
17 May 2022
Same period 2021 Same period 2020
Rank 525 441 419
Rank change year-on-year -84 -22 +180
Contract jobs citing EMIR 61 20 14
As % of all contract jobs advertised in London 0.16% 0.084% 0.068%
As % of the Quality Assurance & Compliance category 1.23% 0.70% 0.62%
Number of daily rates quoted 55 14 10
10th Percentile £574 £538 £452
25th Percentile £650 £625 £534
Median daily rate (50th Percentile) £710 £650 £598
Median % change year-on-year +9.23% +8.79% +19.50%
75th Percentile £778 £684 £634
90th Percentile £825 £794 £675
England median daily rate £710 £650 £576
% change year-on-year +9.23% +12.80% +6.71%

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 4,961 2,842 2,262
As % of all contract IT jobs advertised in London 12.87% 11.96% 11.02%
Number of daily rates quoted 3,484 1,936 1,585
10th Percentile £350 £317 £300
25th Percentile £450 £413 £400
Median daily rate (50th Percentile) £550 £500 £500
Median % change year-on-year +10.00% - -
75th Percentile £650 £600 £588
90th Percentile £750 £688 £650
England median daily rate £525 £475 £463
% change year-on-year +10.53% +2.70% +0.54%
Number of hourly rates quoted 84 21 46
10th Percentile £20.27 £14.00 £15.73
25th Percentile £26.00 £14.46 £18.96
Median hourly rate £44.50 £20.00 £30.05
Median % change year-on-year +122.50% -33.44% +43.95%
75th Percentile £49.25 £38.75 £39.91
90th Percentile £68.38 £39.00 £54.38
England median hourly rate £29.12 £21.00 £24.30
% change year-on-year +38.67% -13.58% +16.41%

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 17 May 2022.

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 17 May 2022. 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
Jobs
Central London -29 13 £700 +7.69% 1
East London - 2 £575 -
South London - 1 - -
EMIR
England

For the 6 months to 17 May 2022, 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 47 (77.05%) MiFID
2 31 (50.82%) Finance
3 21 (34.43%) SQL
3 21 (34.43%) Derivative
4 18 (29.51%) Fixed Income
5 17 (27.87%) Agile
5 17 (27.87%) Back Office
6 16 (26.23%) Banking
7 13 (21.31%) Dodd-Frank
7 13 (21.31%) XML
7 13 (21.31%) FIX Protocol
7 13 (21.31%) Business Analysis
8 12 (19.67%) SDLC
8 12 (19.67%) OTC Derivatives
9 11 (18.03%) Analytical Skills
9 11 (18.03%) Data Analysis
9 11 (18.03%) QA
9 11 (18.03%) Front Office
10 10 (16.39%) Stakeholder Management
10 10 (16.39%) Requirements Gathering
11 9 (14.75%) Investment Banking
12 8 (13.11%) JIRA
12 8 (13.11%) Management Information System
12 8 (13.11%) C#
12 8 (13.11%) Bloomberg
13 7 (11.48%) Foreign Exchange (FX)
13 7 (11.48%) Microsoft
13 7 (11.48%) Migration
13 7 (11.48%) Equities
13 7 (11.48%) Test Automation

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 7 (11.48%) Confluence
Applications
1 6 (9.84%) Microsoft Excel
1 6 (9.84%) Microsoft PowerPoint
1 6 (9.84%) MS Visio
2 1 (1.64%) Microsoft Project
Business Applications
1 3 (4.92%) Endur
2 1 (1.64%) Eikon
Cloud Services
1 1 (1.64%) Collibra
Communications & Networking
1 5 (8.20%) FIX Connectivity
Database & Business Intelligence
1 6 (9.84%) SQL Server
Development Applications
1 8 (13.11%) JIRA
2 5 (8.20%) Team Foundation Server
2 5 (8.20%) TeamCity
General
1 31 (50.82%) Finance
2 17 (27.87%) Back Office
3 16 (26.23%) Banking
4 11 (18.03%) Analytical Skills
4 11 (18.03%) Front Office
5 9 (14.75%) Investment Banking
6 7 (11.48%) Documentation Skills
6 7 (11.48%) Social Skills
7 3 (4.92%) International Banking
7 3 (4.92%) Legal
7 3 (4.92%) Marketing
7 3 (4.92%) Presentation Skills
8 1 (1.64%) Influencing Skills
8 1 (1.64%) Law
8 1 (1.64%) Private Banking
Job Titles
1 36 (59.02%) Business Analyst
2 34 (55.74%) Analyst
3 16 (26.23%) Regulatory Business Analyst
4 7 (11.48%) Business IT Analyst
4 7 (11.48%) IT Analyst
4 7 (11.48%) IT Business Analyst
4 7 (11.48%) Product Specialist
5 6 (9.84%) Front Office Business Analyst
5 6 (9.84%) Report Analyst
6 5 (8.20%) Commodities Business Analyst
6 5 (8.20%) Electronic Trading Business Analyst
6 5 (8.20%) Financial Analyst
6 5 (8.20%) Investment Banking Business Analyst
6 5 (8.20%) Regulatory Reporting Business Analyst
6 5 (8.20%) Service Analyst
7 4 (6.56%) .NET Software Engineer
7 4 (6.56%) C# Developer
7 4 (6.56%) Developer
7 4 (6.56%) MiFID Business Analyst
7 4 (6.56%) Software Engineer
Libraries, Frameworks & Software Standards
1 13 (21.31%) FIX Protocol
1 13 (21.31%) XML
2 5 (8.20%) .NET
2 5 (8.20%) RabbitMQ
3 3 (4.92%) Murex Flex
4 2 (3.28%) FpML
4 2 (3.28%) Kafka
5 1 (1.64%) XML Messaging
Miscellaneous
1 21 (34.43%) Derivative
2 18 (29.51%) Fixed Income
3 12 (19.67%) OTC Derivatives
4 8 (13.11%) Management Information System
5 7 (11.48%) Equities
5 7 (11.48%) Foreign Exchange (FX)
6 4 (6.56%) SWIFT
7 2 (3.28%) Credit Derivative
7 2 (3.28%) Data Protection Act
8 1 (1.64%) ASIC
8 1 (1.64%) CMDB
8 1 (1.64%) Interest Rate Derivative
8 1 (1.64%) Reference Data
8 1 (1.64%) Self-Motivation
8 1 (1.64%) Wiki
Operating Systems
1 5 (8.20%) Unix
Processes & Methodologies
1 17 (27.87%) Agile
2 13 (21.31%) Business Analysis
3 12 (19.67%) SDLC
4 11 (18.03%) Data Analysis
5 10 (16.39%) Requirements Gathering
5 10 (16.39%) Stakeholder Management
6 7 (11.48%) Collateral Management
6 7 (11.48%) Migration
6 7 (11.48%) Test Automation
7 6 (9.84%) Risk Management
7 6 (9.84%) Software Engineering
7 6 (9.84%) UML
7 6 (9.84%) User Acceptance Testing
8 5 (8.20%) Data Modelling
8 5 (8.20%) Electronic Trading
8 5 (8.20%) Regulatory Compliance
8 5 (8.20%) Release Management
9 4 (6.56%) Functional Testing
9 4 (6.56%) Problem-Solving
9 4 (6.56%) Translating Business Requirements
Programming Languages
1 21 (34.43%) SQL
2 8 (13.11%) C#
3 5 (8.20%) PL/SQL
3 5 (8.20%) T-SQL
3 5 (8.20%) VB.NET
Quality Assurance & Compliance
1 47 (77.05%) MiFID
2 13 (21.31%) Dodd-Frank
3 11 (18.03%) QA
4 1 (1.64%) Basel III
4 1 (1.64%) Data Quality
4 1 (1.64%) FATCA
4 1 (1.64%) PMO
4 1 (1.64%) PSD2
4 1 (1.64%) SLA
Vendors
1 8 (13.11%) Bloomberg
2 7 (11.48%) Microsoft
3 5 (8.20%) ION Trading
3 5 (8.20%) MarketAxess
3 5 (8.20%) Oracle
3 5 (8.20%) Tradeweb
4 3 (4.92%) Fidessa
4 3 (4.92%) Murex
4 3 (4.92%) OpenLink
5 2 (3.28%) Atlassian
6 1 (1.64%) Refinitiv
6 1 (1.64%) Sybase