Functional Analyst Contracts in London

Functional Analyst
England > London

The median Functional Analyst daily rate in London is £400, according to job vacancies posted in the 6 months leading up to 27 July 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
27 Jul 2025
Same period 2024 Same period 2023
Rank 358 372 462
Rank change year-on-year +14 +90 +142
Contract jobs requiring a Functional Analyst 14 13 13
As % of all contract jobs advertised in London 0.10% 0.079% 0.053%
As % of the Job Titles category 0.11% 0.084% 0.056%
Number of daily rates quoted 9 11 10
10th Percentile £331 £400 £399
25th Percentile £341 £413 £450
Median daily rate (50th Percentile) £400 £520 £520
Median % change year-on-year -23.08% - -13.33%
75th Percentile £625 £545 £825
90th Percentile £710 £600 -
England median daily rate £400 £500 £525
% change year-on-year -20.00% -4.76% +0.96%

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 12,724 15,559 23,226
% of contract IT jobs with a recognized job title 93.06% 94.23% 94.77%
Number of daily rates quoted 8,613 11,074 17,008
10th Percentile £331 £340 £356
25th Percentile £425 £450 £463
Median daily rate (50th Percentile) £548 £550 £575
Median % change year-on-year -0.45% -4.35% -
75th Percentile £675 £688 £700
90th Percentile £788 £800 £800
England median daily rate £510 £525 £550
% change year-on-year -2.86% -4.55% +1.85%
Number of hourly rates quoted 200 228 252
10th Percentile £17.98 £17.25 £18.51
25th Percentile £22.75 £22.00 £23.49
Median hourly rate £30.00 £32.40 £39.21
Median % change year-on-year -7.39% -17.38% +16.61%
75th Percentile £50.13 £52.44 £65.00
90th Percentile £63.88 £71.44 £79.80
England median hourly rate £26.30 £43.00 £43.75
% change year-on-year -38.84% -1.71% +70.37%

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
Daily Rate Histogram in London

Daily rate distribution for jobs citing Functional Analyst in London over the 6 months to 27 July 2025.

Daily rate histogram 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
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 27 July 2025. 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 +1 2 £338 -35.10%
Functional Analyst
England

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

For the 6 months to 27 July 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 7 (50.00%) Finance
1 7 (50.00%) Analytical Skills
1 7 (50.00%) Problem-Solving
2 6 (42.86%) Agile
3 5 (35.71%) Social Skills
3 5 (35.71%) Product Ownership
4 4 (28.57%) Workday
4 4 (28.57%) SAP S/4HANA
4 4 (28.57%) SAP
4 4 (28.57%) Process Improvement
5 3 (21.43%) Business Analysis
6 2 (14.29%) Scenario Testing
6 2 (14.29%) Collaborative Working
6 2 (14.29%) Analytical Mindset
6 2 (14.29%) MuleSoft
6 2 (14.29%) Translating Business Requirements
6 2 (14.29%) Anypoint
6 2 (14.29%) Stakeholder Management
6 2 (14.29%) Banking
6 2 (14.29%) Scrum
6 2 (14.29%) Oracle
6 2 (14.29%) Foreign Exchange (FX)
6 2 (14.29%) Enterprise Architecture
6 2 (14.29%) User Acceptance Testing
6 2 (14.29%) QA
6 2 (14.29%) Data Mapping
7 1 (7.14%) Use Case
7 1 (7.14%) Test Scripting
7 1 (7.14%) Electronic Trading
7 1 (7.14%) System Testing

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:

Application Platforms
1 2 (14.29%) Anypoint
Business Applications
1 4 (28.57%) SAP S/4HANA
2 1 (7.14%) Endur
2 1 (7.14%) Oracle Applications
2 1 (7.14%) Oracle EBS
2 1 (7.14%) Oracle E-Business Tax
2 1 (7.14%) Oracle FAH
2 1 (7.14%) Oracle Financials
2 1 (7.14%) Oracle Payables
2 1 (7.14%) Oracle Procure-to-Pay
2 1 (7.14%) SAP CAR
2 1 (7.14%) SAP R/3
Cloud Services
1 1 (7.14%) PaaS
1 1 (7.14%) SaaS
Database & Business Intelligence
1 1 (7.14%) Oracle BI EE
General
1 7 (50.00%) Analytical Skills
1 7 (50.00%) Finance
2 5 (35.71%) Social Skills
3 2 (14.29%) Banking
4 1 (7.14%) General Ledger
4 1 (7.14%) Investment Banking
4 1 (7.14%) Presentation Skills
4 1 (7.14%) Retail
Libraries, Frameworks & Software Standards
1 1 (7.14%) Oracle Fusion
Miscellaneous
1 5 (35.71%) Product Ownership
2 2 (14.29%) Analytical Mindset
2 2 (14.29%) Foreign Exchange (FX)
3 1 (7.14%) Data Protection Act
3 1 (7.14%) Equities
3 1 (7.14%) Fixed Income
3 1 (7.14%) Greenfield Project
3 1 (7.14%) Legacy Systems
3 1 (7.14%) PMI
Processes & Methodologies
1 7 (50.00%) Problem-Solving
2 6 (42.86%) Agile
3 4 (28.57%) Process Improvement
4 3 (21.43%) Business Analysis
5 2 (14.29%) Collaborative Working
5 2 (14.29%) Data Mapping
5 2 (14.29%) Enterprise Architecture
5 2 (14.29%) Scenario Testing
5 2 (14.29%) Scrum
5 2 (14.29%) Stakeholder Management
5 2 (14.29%) Translating Business Requirements
5 2 (14.29%) User Acceptance Testing
6 1 (7.14%) Coaching
6 1 (7.14%) Continuous Improvement
6 1 (7.14%) Impact Assessments
6 1 (7.14%) Mentoring
6 1 (7.14%) Procure-to-Pay
6 1 (7.14%) Project Delivery
6 1 (7.14%) Stakeholder Engagement
6 1 (7.14%) Systematic Trading
Qualifications
1 1 (7.14%) ACCA
1 1 (7.14%) CBAP
1 1 (7.14%) CIMA
1 1 (7.14%) Degree
1 1 (7.14%) PMI Certification
Quality Assurance & Compliance
1 2 (14.29%) QA
Vendors
1 4 (28.57%) SAP
1 4 (28.57%) Workday
2 2 (14.29%) MuleSoft
2 2 (14.29%) Oracle
3 1 (7.14%) Murex