Functional Analyst Contracts in London

Functional Analyst
England > London

The median Functional Analyst daily rate in London is £820, according to job vacancies posted in the 6 months leading up to 1 May 2025.

The table below provides contractor rate benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 348 379 478
Rank change year-on-year +31 +99 +109
Contract jobs requiring a Functional Analyst 5 12 15
As % of all contract jobs advertised in London 0.040% 0.067% 0.055%
As % of the Job Titles category 0.043% 0.072% 0.058%
Number of daily rates quoted 3 9 7
10th Percentile £729 £393 £520
25th Percentile £763 £413 £638
Median daily rate (50th Percentile) £820 £520 £750
Median % change year-on-year +57.69% -30.67% +50.00%
75th Percentile - £550 £825
90th Percentile - £620 -
England median daily rate £763 £530 £550
% change year-on-year +43.96% -3.64% -

All Contract IT Job Vacancies
London

For comparison with the information above, the following table provides summary statistics for all contract IT job vacancies 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.

Contract vacancies in London with a recognized job title 11,726 16,625 25,758
% of contract IT jobs with a recognized job title 93.45% 93.24% 95.28%
Number of daily rates quoted 8,034 12,022 18,663
10th Percentile £341 £325 £363
25th Percentile £431 £444 £463
Median daily rate (50th Percentile) £550 £550 £575
Median % change year-on-year - -4.35% -
75th Percentile £675 £675 £700
90th Percentile £800 £800 £800
England median daily rate £525 £525 £550
% change year-on-year - -4.55% +4.76%
Number of hourly rates quoted 143 336 290
10th Percentile £20.45 £16.01 £18.00
25th Percentile £23.90 £20.02 £22.53
Median hourly rate £34.00 £27.81 £35.00
Median % change year-on-year +22.26% -20.54% -
75th Percentile £50.75 £43.75 £60.00
90th Percentile £64.75 £65.00 £76.03
England median hourly rate £30.62 £36.31 £45.00
% change year-on-year -15.67% -19.32% +100.00%

Functional Analyst
Job Vacancy Trend in London

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

Job vacancy trend for Functional Analyst in London

Functional Analyst
Contractor Daily Rate Trend in London

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

Daily rate trend for Functional Analyst in London

Functional Analyst
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Functional Analyst in London.

Hourly rate trend for Functional Analyst in London

Functional Analyst Skill Set
Top 26 Co-occurring Skills and Capabilities in London

For the 6 months to 1 May 2025, Functional Analyst contract job roles required the following skills and capabilities 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 Functional Analyst in the job title.

1 2 (40.00%) Data Warehouse
1 2 (40.00%) Finance
2 1 (20.00%) Equities
2 1 (20.00%) Agile
2 1 (20.00%) Banking
2 1 (20.00%) Retail
2 1 (20.00%) Investment Banking
2 1 (20.00%) Logistics
2 1 (20.00%) Electronic Trading
2 1 (20.00%) System Testing
2 1 (20.00%) Oracle BI EE
2 1 (20.00%) User Stories
2 1 (20.00%) Oracle E-Business Tax
2 1 (20.00%) Oracle FAH
2 1 (20.00%) Translating Business Requirements
2 1 (20.00%) SAP S/4HANA
2 1 (20.00%) SAP CAR
2 1 (20.00%) Social Skills
2 1 (20.00%) Fixed Income
2 1 (20.00%) Murex
2 1 (20.00%) Foreign Exchange (FX)
2 1 (20.00%) Project Management
2 1 (20.00%) Oracle EBS
2 1 (20.00%) Oracle
2 1 (20.00%) SAP
2 1 (20.00%) Oracle Financials

Functional Analyst Skill Set
Co-occurring Skills and Capabilities in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 1 (20.00%) Oracle EBS
1 1 (20.00%) Oracle E-Business Tax
1 1 (20.00%) Oracle FAH
1 1 (20.00%) Oracle Financials
1 1 (20.00%) SAP CAR
1 1 (20.00%) SAP S/4HANA
Database & Business Intelligence
1 2 (40.00%) Data Warehouse
2 1 (20.00%) Oracle BI EE
General
1 2 (40.00%) Finance
2 1 (20.00%) Banking
2 1 (20.00%) Investment Banking
2 1 (20.00%) Retail
2 1 (20.00%) Social Skills
Miscellaneous
1 1 (20.00%) Equities
1 1 (20.00%) Fixed Income
1 1 (20.00%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (20.00%) Agile
1 1 (20.00%) Electronic Trading
1 1 (20.00%) Logistics
1 1 (20.00%) Project Management
1 1 (20.00%) System Testing
1 1 (20.00%) Translating Business Requirements
1 1 (20.00%) User Stories
Vendors
1 1 (20.00%) Murex
1 1 (20.00%) Oracle
1 1 (20.00%) SAP