The median contractor rate for a MiFID Business Analyst was £600 per day in advertised job vacancies in London during the 3 months to 26 May 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
3 months to
26 May 2017
Same period 2016 Same period 2015
Rank 314 400 413
Rank change year-on-year +86 +13  
Contract jobs requiring a MiFID Business Analyst 107 30 15
As % of all contract IT jobs advertised in London 0.52% 0.14% 0.067%
As % of the Job Titles category 0.55% 0.14% 0.071%
Number of daily rates quoted 80 24 14
Median daily rate £600 £500 £613
Median daily rate % change year-on-year +20.00% -18.36%  
90% offered a daily rate of more than £525 £313 £550
10% offered a daily rate of more than £700 £618 £675
UK excluding London median daily rate £388 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The next table is for comparison with the above and includes summary statistics for all job roles in contract job vacancies advertised in London. Most job vacancies include a discernible job title. As such, the figures in the first row provide an indication of the number of contract jobs in our overall sample.

Contract IT Job Roles
London
Contract job vacancies with a job title containing a recognized job role 19438 20734 21116
As % of all contract IT job vacancies advertised in London 94.84% 95.21% 94.79%
Number of daily rates quoted 13826 15084 14557
Median daily rate £500 £463 £450
Median daily rate % change year-on-year +8.10% +2.77%  
90% offered a daily rate of more than £313 £300 £275
10% offered a daily rate of more than £650 £625 £613
UK excluding London median daily rate £400 £400 £375
% change year-on-year - +6.66%  
Number of hourly rates quoted 252 217 397
Median hourly rate £19.00 £18.75 £18.70
Median hourly rate % change year-on-year +1.33% +0.26%  
90% offered a hourly rate of more than £12.50 £11.50 £12.50
10% offered a hourly rate of more than £47.83 £43.50 £55.00
UK excluding London median hourly rate £17.50 £17.50 £16.00
% change year-on-year - +9.37%  

MiFID Business Analyst
Job Vacancy Trend in London

The job posting trend of jobs advertised in London that featured MiFID Business Analyst in the job title.

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 3 months to 26 May 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 3 months to 26 May 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +12 30 £650 +22.35% 2
Canary Wharf - 1 £450 -
MiFID Business Analyst
England

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

For the 6 months to 26 May 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.

1 222 (100.00%) MiFID
2 95 (42.79%) Front Office
2 95 (42.79%) Business Analysis
3 90 (40.54%) Finance
4 75 (33.78%) Banking
5 55 (24.77%) Asset Management
6 52 (23.42%) Investment Management
7 44 (19.82%) Investment Banking
8 42 (18.92%) Derivative
9 38 (17.12%) EMIR
10 36 (16.22%) Stakeholder Management
11 35 (15.77%) Equities
12 30 (13.51%) Wealth Management
12 30 (13.51%) GAP Analysis
13 29 (13.06%) Dodd-Frank
14 26 (11.71%) Foreign Exchange (FX)
15 25 (11.26%) Fixed Income
16 24 (10.81%) SDLC
17 23 (10.36%) Agile Software Development
18 22 (9.91%) Change Management
19 21 (9.46%) Use Case
20 20 (9.01%) Project Management
21 16 (7.21%) Private Banking
22 14 (6.31%) Fintech
22 14 (6.31%) Back Office
23 13 (5.86%) SQL
23 13 (5.86%) UML
23 13 (5.86%) Requirements Analysis
24 11 (4.95%) Degree
24 11 (4.95%) User Acceptance Testing

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 1 (0.45%) Confluence
Applications
1 5 (2.25%) Microsoft PowerPoint
2 4 (1.80%) Microsoft Excel
3 3 (1.35%) Microsoft Office
4 2 (0.90%) MS Visio
5 1 (0.45%) Microsoft Project
Business Applications
1 2 (0.90%) thinkFolio
2 1 (0.45%) Markit EDM
2 1 (0.45%) RMDS
Database & Business Intelligence
1 1 (0.45%) Big Data
1 1 (0.45%) Data Mining
1 1 (0.45%) DB2
1 1 (0.45%) MS Access
1 1 (0.45%) NoSQL
1 1 (0.45%) Oracle Database
1 1 (0.45%) Relational Database
1 1 (0.45%) SQLPlus
Development Applications
1 1 (0.45%) JIRA
General
1 95 (42.79%) Front Office
2 90 (40.54%) Finance
3 75 (33.78%) Banking
4 44 (19.82%) Investment Banking
5 16 (7.21%) Private Banking
6 14 (6.31%) Back Office
7 5 (2.25%) Legal
8 4 (1.80%) Advertising
9 3 (1.35%) Prime Brokerage
10 1 (0.45%) Financial Institution
10 1 (0.45%) International Banking
10 1 (0.45%) Manufacturing
10 1 (0.45%) Marketing
10 1 (0.45%) Retail
Libraries, Frameworks & Software Standards
1 8 (3.60%) FIX Protocol
2 4 (1.80%) FpML
3 3 (1.35%) XML
4 1 (0.45%) .NET
4 1 (0.45%) HTML
4 1 (0.45%) HTML5
Miscellaneous
1 42 (18.92%) Derivative
2 35 (15.77%) Equities
3 26 (11.71%) Foreign Exchange (FX)
4 25 (11.26%) Fixed Income
5 14 (6.31%) Fintech
6 10 (4.50%) Equity Derivative
7 8 (3.60%) Analytical Skills
8 7 (3.15%) Swaptions
9 6 (2.70%) Hedge funds
9 6 (2.70%) Interest Rate Derivative
9 6 (2.70%) OTC Derivatives
10 5 (2.25%) Reference Data
11 4 (1.80%) Management Information System
12 3 (1.35%) Data Structures
13 2 (0.90%) PMI
Operating Systems
1 1 (0.45%) Windows
Processes & Methodologies
1 95 (42.79%) Business Analysis
2 55 (24.77%) Asset Management
3 52 (23.42%) Investment Management
4 36 (16.22%) Stakeholder Management
5 30 (13.51%) GAP Analysis
5 30 (13.51%) Wealth Management
6 24 (10.81%) SDLC
7 23 (10.36%) Agile Software Development
8 22 (9.91%) Change Management
9 21 (9.46%) Use Case
10 20 (9.01%) Project Management
11 13 (5.86%) Requirements Analysis
11 13 (5.86%) UML
12 11 (4.95%) Business Process Analysis
12 11 (4.95%) Regulatory Compliance
12 11 (4.95%) Test Scripting
12 11 (4.95%) User Acceptance Testing
13 10 (4.50%) System Integration Testing
13 10 (4.50%) Waterfall
14 9 (4.05%) SWOT Analysis
Programming Languages
1 13 (5.86%) SQL
2 2 (0.90%) Java
3 1 (0.45%) C
3 1 (0.45%) C#
3 1 (0.45%) PL/SQL
3 1 (0.45%) T-SQL
Qualifications
1 11 (4.95%) Degree
2 6 (2.70%) ISEB
3 2 (0.90%) PMI Certification
3 2 (0.90%) PMP
Quality Assurance & Compliance
1 222 (100.00%) MiFID
2 38 (17.12%) EMIR
3 29 (13.06%) Dodd-Frank
4 10 (4.50%) QA
5 4 (1.80%) AIFMD
5 4 (1.80%) FATCA
5 4 (1.80%) Solvency II
6 2 (0.90%) Data Quality
6 2 (0.90%) SEPA
7 1 (0.45%) PMO
7 1 (0.45%) UCITS
Vendors
1 5 (2.25%) Fidessa
2 3 (1.35%) Bloomberg
2 3 (1.35%) Charles River
2 3 (1.35%) Microsoft
3 2 (0.90%) Oracle
4 1 (0.45%) Calypso
4 1 (0.45%) ION Trading
4 1 (0.45%) Misys
4 1 (0.45%) Murex
4 1 (0.45%) Reuters
4 1 (0.45%) Sophis
4 1 (0.45%) Sybase
City, London
Pioneer Search
Rate: £600 - £650 per day
Posted: 6 hours ago
London
Harvey Nash plc
Rate: £650 - £700 per day
Posted: Yesterday
London
Harvey Nash plc
Rate: £650 - £700 per day +
Posted: Yesterday
City, London
Gravitas Recruitment Group
Rate: £600 - £700 per annum
Posted: 2 days ago
Central London / West End
Source Technology
Rate: From £550 to £600 per day
Posted: 3 days ago
London
Burns Sheehan
Rate: £350 - £550 per day
Posted: 4 days ago