Period
to 19 November 2017

The median contractor rate for a Functional Analyst was £450 per day in advertised job vacancies in London during the 6 months to 19 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
England > London
6 months to
19 Nov 2017
Same period 2016 Same period 2015
Rank 579 572 551
Rank change year-on-year -7 -21 -36
Contract jobs requiring a Functional Analyst 55 35 51
As % of all contract IT jobs advertised in London 0.12% 0.078% 0.11%
As % of the Job Titles category 0.13% 0.082% 0.11%
Number of daily rates quoted 49 15 30
London median daily rate £450 £390 £450
Median daily rate % change year-on-year +15.38% -13.33% -8.63%
10th Percentile £275 £228 £154
90th Percentile £575 £460 £626
England median daily rate £450 £410 £344
% change year-on-year +9.76% +19.27% -19.12%
Number of hourly rates quoted 0 1 0
London median hourly rate - £43.00 -
England median hourly rate - £43.00 -

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 43845 42658 44659
% of contract IT jobs with a recognized job title 94.85% 95.00% 94.97%
Number of daily rates quoted 31743 30364 31460
London median daily rate £493 £460 £450
Median daily rate % change year-on-year +7.07% +2.22% +5.88%
10th Percentile £300 £288 £268
90th Percentile £663 £638 £638
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 544 553 695
London median hourly rate £20.00 £19.62 £19.00
Median hourly rate % change year-on-year +1.96% +3.24% +8.57%
10th Percentile £12.15 £11.50 £11.25
90th Percentile £47.83 £50.00 £47.83
England median hourly rate £18.63 £18.50 £18.00
% change year-on-year +0.68% +2.78% +9.09%

Functional Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Functional Analyst in London over the 6 months to 19 November 2017.

Contractor daily rate histogram for Functional Analyst in London

Functional Analyst
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Functional Analyst in London

Functional 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 Functional Analyst within the London region over the 6 months to 19 November 2017. 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 0 11 £360 -12.41%
West London -9 3 £500 +33.33%
South London -33 1 £363 +45.00%
Functional Analyst
England

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

For the 6 months to 19 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 London region featuring Functional Analyst in the job title.

1 26 (47.27%) Finance
2 17 (30.91%) Banking
3 13 (23.64%) SQL
4 10 (18.18%) Equities
5 9 (16.36%) Agile Software Development
5 9 (16.36%) Asset Management
5 9 (16.36%) MiFID
6 7 (12.73%) Fixed Income
6 7 (12.73%) Oracle
6 7 (12.73%) SAP
7 6 (10.91%) Stakeholder Management
8 5 (9.09%) Functional Testing
8 5 (9.09%) SDLC
8 5 (9.09%) Investment Banking
8 5 (9.09%) Front Office
8 5 (9.09%) Java
8 5 (9.09%) Unix
8 5 (9.09%) Business Intelligence
9 4 (7.27%) Perl
9 4 (7.27%) Python
9 4 (7.27%) Data Warehouse
9 4 (7.27%) Migration
9 4 (7.27%) Data Management
9 4 (7.27%) Degree
9 4 (7.27%) Business Analysis
9 4 (7.27%) SimCorp
9 4 (7.27%) SimCorp Dimension
9 4 (7.27%) Data Migration
9 4 (7.27%) FIX Protocol
9 4 (7.27%) Electronic Trading

Functional 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 1 (1.82%) Confluence
Applications
1 1 (1.82%) Microsoft Excel
1 1 (1.82%) Microsoft PowerPoint
Business Applications
1 4 (7.27%) SimCorp Dimension
2 3 (5.45%) Dynamics AX
3 2 (3.64%) Oracle EBS
3 2 (3.64%) Oracle Financials
3 2 (3.64%) SAP CO
3 2 (3.64%) SAP FI
3 2 (3.64%) SAP FI/CO
3 2 (3.64%) SAP S/4HANA
4 1 (1.82%) Oracle Assets
4 1 (1.82%) Oracle E-Business Tax
4 1 (1.82%) Oracle FAH
4 1 (1.82%) Oracle iProcurement
4 1 (1.82%) Oracle Payables
4 1 (1.82%) Oracle Receivables
4 1 (1.82%) SAP HR
4 1 (1.82%) SAP MM
4 1 (1.82%) SAP PP
4 1 (1.82%) SAP R/3
4 1 (1.82%) SAP SD
4 1 (1.82%) Temenos Globus
Cloud Services
1 1 (1.82%) iPaaS
1 1 (1.82%) Salesforce Sales Cloud
1 1 (1.82%) Salesforce Service Cloud
1 1 (1.82%) SuccessFactors
Communications & Networking
1 1 (1.82%) Intranet
Database & Business Intelligence
1 4 (7.27%) Data Warehouse
2 3 (5.45%) Data Lake
3 1 (1.82%) Data Mining
3 1 (1.82%) DataStage
3 1 (1.82%) Oracle BI EE
3 1 (1.82%) PostgreSQL
3 1 (1.82%) Power BI
3 1 (1.82%) SQL Server Reporting Services
Development Applications
1 2 (3.64%) JIRA
2 1 (1.82%) Git (software)
2 1 (1.82%) Jenkins
2 1 (1.82%) JMeter
2 1 (1.82%) SoapUI
General
1 26 (47.27%) Finance
2 17 (30.91%) Banking
3 5 (9.09%) Front Office
3 5 (9.09%) Investment Banking
4 3 (5.45%) Dutch Language
4 3 (5.45%) Retail
4 3 (5.45%) Wholesale Banking
5 2 (3.64%) Billing
6 1 (1.82%) Back Office
6 1 (1.82%) Digital Economy
6 1 (1.82%) French Language
6 1 (1.82%) General Ledger
6 1 (1.82%) Law
6 1 (1.82%) Legal
6 1 (1.82%) Pharmaceutical
Libraries, Frameworks & Software Standards
1 4 (7.27%) FIX Protocol
2 2 (3.64%) Kafka
3 1 (1.82%) SOAP
3 1 (1.82%) Web Services
3 1 (1.82%) XML
Miscellaneous
1 10 (18.18%) Equities
2 7 (12.73%) Fixed Income
3 4 (7.27%) Analytical Skills
4 2 (3.64%) Computer Science
4 2 (3.64%) Credit Risk
4 2 (3.64%) SWIFT
5 1 (1.82%) Data Structures
5 1 (1.82%) Derivative
5 1 (1.82%) FMCG
5 1 (1.82%) Foreign Exchange (FX)
5 1 (1.82%) Management Information System
5 1 (1.82%) Reference Data
Operating Systems
1 5 (9.09%) Unix
Processes & Methodologies
1 9 (16.36%) Agile Software Development
1 9 (16.36%) Asset Management
2 6 (10.91%) Stakeholder Management
3 5 (9.09%) Business Intelligence
3 5 (9.09%) Functional Testing
3 5 (9.09%) SDLC
4 4 (7.27%) Business Analysis
4 4 (7.27%) Data Management
4 4 (7.27%) Data Migration
4 4 (7.27%) DevOps
4 4 (7.27%) Electronic Trading
4 4 (7.27%) Migration
5 3 (5.45%) Data Analysis
5 3 (5.45%) Data Extraction
5 3 (5.45%) Data Mapping
5 3 (5.45%) Fund Management
5 3 (5.45%) Investment Management
5 3 (5.45%) ITIL
5 3 (5.45%) Translating Business Requirements
6 2 (3.64%) Procure-to-Pay
Programming Languages
1 13 (23.64%) SQL
2 5 (9.09%) Java
3 4 (7.27%) Perl
3 4 (7.27%) Python
4 1 (1.82%) R
4 1 (1.82%) X++
4 1 (1.82%) XQuery
Qualifications
1 4 (7.27%) Degree
2 2 (3.64%) Computer Science Degree
3 1 (1.82%) PMI Certification
3 1 (1.82%) PMP
3 1 (1.82%) SAP Certification
3 1 (1.82%) SC Cleared
3 1 (1.82%) Security Cleared
Quality Assurance & Compliance
1 9 (16.36%) MiFID
2 2 (3.64%) QA
3 1 (1.82%) PMO
Systems Management
1 2 (3.64%) Packer
2 1 (1.82%) Puppet
Vendors
1 7 (12.73%) Oracle
1 7 (12.73%) SAP
2 4 (7.27%) SimCorp
3 3 (5.45%) IBM
3 3 (5.45%) Microsoft
4 1 (1.82%) Aveksa
4 1 (1.82%) Microgen
4 1 (1.82%) Salesforce.com
4 1 (1.82%) ServiceNow
4 1 (1.82%) Temenos