Period
to 23 October 2017

The median contractor rate for a MiFID Business Analyst was £600 per day in advertised job vacancies in London during the 6 months to 23 October 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.

Business Analyst - MiFID
England > London
6 months to
23 Oct 2017
Same period 2016 Same period 2015
Rank 471 500 540
Rank change year-on-year +29 +40 +56
Contract jobs requiring a MiFID Business Analyst 142 118 71
As % of all contract IT jobs advertised in London 0.31% 0.27% 0.15%
As % of the Job Titles category 0.33% 0.28% 0.16%
Number of daily rates quoted 112 96 57
London median daily rate £600 £575 £575
Median daily rate % change year-on-year +4.35% - -
10th Percentile £413 £419 £465
90th Percentile £746 £713 £670
England median daily rate £600 £588 £575
% change year-on-year +2.13% +2.17% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

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 43164 42103 44483
% of contract IT jobs with a recognized job title 94.87% 95.06% 94.95%
Number of daily rates quoted 31162 30027 31323
London median daily rate £488 £450 £450
Median daily rate % change year-on-year +8.33% - +5.88%
10th Percentile £300 £285 £263
90th Percentile £656 £638 £638
England median daily rate £450 £425 £403
% change year-on-year +5.88% +5.59% +0.63%
Number of hourly rates quoted 518 544 709
London median hourly rate £20.22 £19.37 £19.00
Median hourly rate % change year-on-year +4.40% +1.92% +8.57%
10th Percentile £12.50 £11.25 £11.25
90th Percentile £47.83 £50.74 £48.01
England median hourly rate £18.70 £18.50 £17.79
% change year-on-year +1.08% +4.02% +7.79%

MiFID Business Analyst
Job Vacancy Trend in London

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

Job vacancy trend for MiFID Business Analyst in London

MiFID Business Analyst
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for MiFID Business Analyst in London

MiFID Business Analyst
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing MiFID Business Analyst in London over the 6 months to 23 October 2017.

Contractor daily rate histogram for MiFID Business Analyst in London

MiFID Business 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 MiFID Business Analyst within the London region over the 6 months to 23 October 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 +13 29 £625 +8.70%
East London - 3 £450 -
MiFID Business Analyst
England

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

For the 6 months to 23 October 2017, MiFID Business 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 MiFID Business Analyst in the job title.

1 142 (100.00%) MiFID
2 74 (52.11%) Finance
3 70 (49.30%) Business Analysis
4 52 (36.62%) Banking
5 48 (33.80%) Front Office
6 40 (28.17%) EMIR
7 33 (23.24%) Investment Banking
8 29 (20.42%) Investment Management
9 28 (19.72%) Derivative
10 26 (18.31%) Fixed Income
11 21 (14.79%) Foreign Exchange (FX)
11 21 (14.79%) Dodd-Frank
12 19 (13.38%) User Acceptance Testing
12 19 (13.38%) Asset Management
13 18 (12.68%) Equities
13 18 (12.68%) Stakeholder Management
13 18 (12.68%) Change Management
14 16 (11.27%) Wealth Management
15 15 (10.56%) Agile Software Development
16 14 (9.86%) Risk Management
16 14 (9.86%) Electronic Trading
16 14 (9.86%) SDLC
17 13 (9.15%) Project Management
17 13 (9.15%) QA
17 13 (9.15%) Private Banking
18 12 (8.45%) SQL
19 11 (7.75%) XML
20 10 (7.04%) FpML
21 8 (5.63%) Analytical Skills
21 8 (5.63%) Degree

MiFID Business 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 2 (1.41%) Oracle Workflow
Applications
1 7 (4.93%) Microsoft Excel
2 6 (4.23%) Microsoft PowerPoint
3 3 (2.11%) Microsoft Office
3 3 (2.11%) MS Visio
4 2 (1.41%) Microsoft Project
Business Applications
1 1 (0.70%) thinkFolio
Database & Business Intelligence
1 4 (2.82%) Big Data
1 4 (2.82%) DB2
1 4 (2.82%) Relational Database
2 3 (2.11%) Blockchain
2 3 (2.11%) NoSQL
3 2 (1.41%) Data Warehouse
3 2 (1.41%) SQL Server
General
1 74 (52.11%) Finance
2 52 (36.62%) Banking
3 48 (33.80%) Front Office
4 33 (23.24%) Investment Banking
5 13 (9.15%) Private Banking
6 6 (4.23%) Legal
7 5 (3.52%) Back Office
8 2 (1.41%) Financial Institution
8 2 (1.41%) Manufacturing
9 1 (0.70%) Advertising
9 1 (0.70%) Electronics
9 1 (0.70%) Marketing
9 1 (0.70%) Telecoms
Libraries, Frameworks & Software Standards
1 11 (7.75%) XML
2 10 (7.04%) FpML
3 3 (2.11%) FIX Protocol
4 2 (1.41%) JSON
4 2 (1.41%) XSD
5 1 (0.70%) Murex MxML
5 1 (0.70%) XML Schema
5 1 (0.70%) XSLT
Miscellaneous
1 28 (19.72%) Derivative
2 26 (18.31%) Fixed Income
3 21 (14.79%) Foreign Exchange (FX)
4 18 (12.68%) Equities
5 8 (5.63%) Analytical Skills
6 7 (4.93%) OTC Derivatives
6 7 (4.93%) Reference Data
7 5 (3.52%) Fintech
7 5 (3.52%) Management Information System
8 4 (2.82%) Market Risk
9 3 (2.11%) Interest Rate Derivative
9 3 (2.11%) PMI
10 2 (1.41%) Data Structures
10 2 (1.41%) Equity Derivative
11 1 (0.70%) ASIC
11 1 (0.70%) Swaptions
Operating Systems
1 2 (1.41%) Windows
2 1 (0.70%) Unix
Processes & Methodologies
1 70 (49.30%) Business Analysis
2 29 (20.42%) Investment Management
3 19 (13.38%) Asset Management
3 19 (13.38%) User Acceptance Testing
4 18 (12.68%) Change Management
4 18 (12.68%) Stakeholder Management
5 16 (11.27%) Wealth Management
6 15 (10.56%) Agile Software Development
7 14 (9.86%) Electronic Trading
7 14 (9.86%) Risk Management
7 14 (9.86%) SDLC
8 13 (9.15%) Project Management
9 7 (4.93%) Data Management
9 7 (4.93%) Test Scripting
9 7 (4.93%) Test Strategy
9 7 (4.93%) Use Case
10 6 (4.23%) Algorithmic Trading
10 6 (4.23%) Analytics
10 6 (4.23%) Change Control
10 6 (4.23%) Waterfall
Programming Languages
1 12 (8.45%) SQL
2 1 (0.70%) C
2 1 (0.70%) Java
2 1 (0.70%) Perl
2 1 (0.70%) Python
2 1 (0.70%) XPath
Qualifications
1 8 (5.63%) Degree
2 3 (2.11%) ISEB
2 3 (2.11%) PMI Certification
2 3 (2.11%) PMP
3 1 (0.70%) CBAP
3 1 (0.70%) IIBA
Quality Assurance & Compliance
1 142 (100.00%) MiFID
2 40 (28.17%) EMIR
3 21 (14.79%) Dodd-Frank
4 13 (9.15%) QA
5 7 (4.93%) FATCA
6 5 (3.52%) Data Quality
7 4 (2.82%) Solvency II
8 3 (2.11%) AIFMD
8 3 (2.11%) PMO
9 1 (0.70%) GDPR
9 1 (0.70%) UCITS
Vendors
1 6 (4.23%) Bloomberg
2 4 (2.82%) Microsoft
2 4 (2.82%) Reuters
2 4 (2.82%) Sybase
3 3 (2.11%) Fidessa
3 3 (2.11%) Oracle
4 2 (1.41%) Murex
4 2 (1.41%) Netezza
5 1 (0.70%) ION Trading
5 1 (0.70%) SAP