Period
to 23 July 2019

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for PSD2 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited PSD2 over the 6 months to 23 July 2019 with a comparison to the 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.

EU Revised Directive on Payment Services (PSD2)
England > London
6 months to
23 Jul 2019
Same period 2018 Same period 2017
Rank 465 549 543
Rank change year-on-year +84 -6 +61
Contract jobs citing PSD2 131 97 62
As % of all contract IT jobs advertised in London 0.32% 0.21% 0.15%
As % of the Quality Assurance & Compliance category 3.28% 1.87% 1.22%
Number of daily rates quoted 91 70 42
London median daily rate £550 £550 £575
Median daily rate % change year-on-year - -4.35% +15.00%
10th Percentile £350 £424 £513
90th Percentile £706 £775 £675
England median daily rate £550 £550 £575
% change year-on-year - -4.35% +15.00%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

PSD2 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 3,996 5,178 5,094
As % of all contract IT jobs advertised in London 9.83% 11.24% 12.17%
Number of daily rates quoted 2,727 3,661 3,602
London median daily rate £500 £480 £500
Median daily rate % change year-on-year +4.17% -4.00% +11.11%
10th Percentile £304 £300 £300
90th Percentile £675 £675 £675
England median daily rate £450 £450 £450
Number of hourly rates quoted 59 84 61
London median hourly rate £21.18 £25.25 £20.00
Median hourly rate % change year-on-year -16.12% +26.25% -6.98%
10th Percentile £12.50 £14.00 £12.88
90th Percentile £50.90 £68.58 £50.00
England median hourly rate £22.43 £25.00 £19.00
% change year-on-year -10.28% +31.58% -15.56%

PSD2
Job Vacancy Trend in London

Job postings citing PSD2 as a percentage of all IT jobs advertised in London.

Job vacancy trend for PSD2 in London

PSD2
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing PSD2 in London.

Contractor daily rate trend for PSD2 in London

PSD2
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing PSD2 in London over the 6 months to 23 July 2019.

Contractor daily rate histogram for PSD2 in London

PSD2
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 PSD2 within the London region over the 6 months to 23 July 2019. 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 +16 21 £450 -6.25% 6
PSD2
England

For the 6 months to 23 July 2019, IT contractor jobs citing PSD2 also mentioned the following skills 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 with a requirement for PSD2.

1 113 (86.26%) Banking
2 78 (59.54%) Finance
3 40 (30.53%) Agile Software Development
4 24 (18.32%) User Acceptance Testing
4 24 (18.32%) SWIFT
5 22 (16.79%) Fintech
6 21 (16.03%) Stakeholder Management
7 18 (13.74%) Target Operating Model
8 17 (12.98%) Test Planning
8 17 (12.98%) System Integration Testing
9 15 (11.45%) Java
10 14 (10.69%) Software Testing
11 13 (9.92%) Scrum
12 12 (9.16%) Retail Banking
13 11 (8.40%) OAuth
13 11 (8.40%) Project Management
13 11 (8.40%) SEPA
14 10 (7.63%) Financial Institution
14 10 (7.63%) DevOps
15 9 (6.87%) OpenID
15 9 (6.87%) GDPR
16 8 (6.11%) Back Office
16 8 (6.11%) Test Scripting
16 8 (6.11%) Cybersecurity
16 8 (6.11%) Microservices
16 8 (6.11%) ForgeRock
17 7 (5.34%) Waterfall
17 7 (5.34%) Continuous Integration
17 7 (5.34%) Middleware
17 7 (5.34%) Business Analysis

PSD2
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 4 (3.05%) Cloud Foundry
2 2 (1.53%) Confluence
Business Applications
1 5 (3.82%) Actimize
2 1 (0.76%) Payment Gateway
Cloud Services
1 6 (4.58%) Microsoft Azure
2 4 (3.05%) Amazon AWS
2 4 (3.05%) AWS Lambda
2 4 (3.05%) Google Cloud Platform
2 4 (3.05%) Serverless
3 1 (0.76%) Azure Active Directory
Communications & Networking
1 5 (3.82%) Internet
2 2 (1.53%) Firewall
3 1 (0.76%) HTTP
3 1 (0.76%) SSL
Database & Business Intelligence
1 2 (1.53%) Amazon DynamoDB
1 2 (1.53%) Apache Cassandra
1 2 (1.53%) MongoDB
1 2 (1.53%) NoSQL
2 1 (0.76%) DB2
2 1 (0.76%) Neo4j
2 1 (0.76%) Redis
Development Applications
1 5 (3.82%) JIRA
2 4 (3.05%) Bitbucket
2 4 (3.05%) Git (software)
3 2 (1.53%) GitLab
3 2 (1.53%) HP UFT
3 2 (1.53%) Selenium
4 1 (0.76%) Cucumber
4 1 (0.76%) Fiddler
4 1 (0.76%) Jenkins
4 1 (0.76%) Maven
4 1 (0.76%) Mocha
4 1 (0.76%) SoapUI
General
1 113 (86.26%) Banking
2 78 (59.54%) Finance
3 12 (9.16%) Retail Banking
4 10 (7.63%) Financial Institution
5 8 (6.11%) Back Office
6 4 (3.05%) Retail
7 3 (2.29%) Marketing
8 2 (1.53%) Investment Banking
8 2 (1.53%) Private Banking
9 1 (0.76%) Games
9 1 (0.76%) Legal
Job Titles
1 54 (41.22%) Analyst
2 29 (22.14%) Business Analyst
3 24 (18.32%) Banking Analyst
3 24 (18.32%) Payments Analyst
3 24 (18.32%) Test Analyst
4 17 (12.98%) Architect
4 17 (12.98%) Developer
5 13 (9.92%) Project Manager
6 12 (9.16%) UAT Analyst
6 12 (9.16%) UAT Test Analyst
7 9 (6.87%) Fraud Analyst
7 9 (6.87%) Fraud Business Analyst
7 9 (6.87%) Payments Business Analyst
8 8 (6.11%) Consultant
8 8 (6.11%) Payments Architect
9 7 (5.34%) Finance Business Analyst
9 7 (5.34%) Process Analyst
9 7 (5.34%) Senior Business Analyst
9 7 (5.34%) Senior Payments Business Analyst
9 7 (5.34%) Senior Process Analyst
Libraries, Frameworks & Software Standards
1 11 (8.40%) OAuth
2 9 (6.87%) OpenID
3 7 (5.34%) Middleware
4 6 (4.58%) OAuth2
4 6 (4.58%) REST
5 5 (3.82%) .NET
5 5 (3.82%) SAML
5 5 (3.82%) XML
6 4 (3.05%) RESTful
6 4 (3.05%) Web Services
7 3 (2.29%) AngularJS
7 3 (2.29%) CSS
8 2 (1.53%) Gherkin
8 2 (1.53%) HTML
8 2 (1.53%) Spring
8 2 (1.53%) Twitter Bootstrap
9 1 (0.76%) Akka
9 1 (0.76%) ASP.NET Web API
9 1 (0.76%) Express
9 1 (0.76%) React
Miscellaneous
1 24 (18.32%) SWIFT
2 4 (3.05%) Analytical Skills
3 3 (2.29%) Online Banking
3 3 (2.29%) User Experience
4 2 (1.53%) Cloud Native
4 2 (1.53%) Distributed Denial-of-Service
4 2 (1.53%) Mobile Banking
4 2 (1.53%) Public Cloud
5 1 (0.76%) Hybrid Cloud
5 1 (0.76%) Management Information System
5 1 (0.76%) PKI
5 1 (0.76%) Self-Motivation
5 1 (0.76%) Taxonomies
5 1 (0.76%) Virtual Team
Operating Systems
1 1 (0.76%) Apple iOS
1 1 (0.76%) Unix
Processes & Methodologies
1 40 (30.53%) Agile Software Development
2 24 (18.32%) User Acceptance Testing
3 22 (16.79%) Fintech
4 21 (16.03%) Stakeholder Management
5 18 (13.74%) Target Operating Model
6 17 (12.98%) System Integration Testing
6 17 (12.98%) Test Planning
7 14 (10.69%) Software Testing
8 13 (9.92%) Scrum
9 11 (8.40%) Project Management
10 10 (7.63%) DevOps
11 8 (6.11%) Cybersecurity
11 8 (6.11%) Microservices
11 8 (6.11%) Test Scripting
12 7 (5.34%) Business Analysis
12 7 (5.34%) Continuous Integration
12 7 (5.34%) Waterfall
13 6 (4.58%) API Development
13 6 (4.58%) Mentoring
13 6 (4.58%) SDLC
Programming Languages
1 15 (11.45%) Java
2 5 (3.82%) C#
2 5 (3.82%) Java 8
3 3 (2.29%) JavaScript
3 3 (2.29%) SQL
4 2 (1.53%) C
5 1 (0.76%) Apple Swift
5 1 (0.76%) Bash Shell
5 1 (0.76%) Python
Qualifications
1 4 (3.05%) ISEB
2 3 (2.29%) CISM
2 3 (2.29%) CISSP
3 2 (1.53%) Degree
3 2 (1.53%) ISTQB
4 1 (0.76%) ISTQB Advanced Certification
4 1 (0.76%) ITIL Certification
Quality Assurance & Compliance
1 11 (8.40%) SEPA
2 9 (6.87%) GDPR
3 6 (4.58%) QA
4 3 (2.29%) ISO/IEC 27001
5 1 (0.76%) Actionable Recommendations
5 1 (0.76%) Data Quality
5 1 (0.76%) PCI DSS
5 1 (0.76%) PMO
System Software
1 6 (4.58%) Docker
1 6 (4.58%) OpenAM
1 6 (4.58%) OpenDJ
2 3 (2.29%) OpenIDM
Systems Management
1 6 (4.58%) Kubernetes
2 5 (3.82%) PingFederate
3 2 (1.53%) Single Sign-On
4 1 (0.76%) Ansible
4 1 (0.76%) HP Quality Center
Vendors
1 8 (6.11%) ForgeRock
2 4 (3.05%) FIS
2 4 (3.05%) Google
2 4 (3.05%) Microsoft
2 4 (3.05%) MuleSoft
2 4 (3.05%) Ping Identity
3 2 (1.53%) Salesforce.com
4 1 (0.76%) Apple
4 1 (0.76%) Atlassian
4 1 (0.76%) HP
4 1 (0.76%) IBM
4 1 (0.76%) Oracle