Period
to 12 December 2018

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 12 December 2018 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
12 Dec 2018
Same period 2017 Same period 2016
Rank 527 590 595
Rank change year-on-year +63 +5 +10
Contract jobs citing PSD2 105 45 25
As % of all contract IT jobs advertised in London 0.22% 0.095% 0.056%
As % of the Quality Assurance & Compliance category 2.22% 0.73% 0.49%
Number of daily rates quoted 75 32 14
London median daily rate £600 £550 £625
Median daily rate % change year-on-year +9.09% -12.00% +47.06%
10th Percentile £413 £463 £441
90th Percentile £783 £783 £913
England median daily rate £594 £550 £600
% change year-on-year +7.95% -8.33% +20.00%
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 4,730 6,139 5,092
As % of all contract IT jobs advertised in London 10.05% 12.91% 11.39%
Number of daily rates quoted 3,308 4,402 3,542
London median daily rate £475 £480 £450
Median daily rate % change year-on-year -1.04% +6.67% -
10th Percentile £275 £300 £275
90th Percentile £652 £675 £650
England median daily rate £450 £450 £425
% change year-on-year - +5.88% +3.03%
Number of hourly rates quoted 72 76 71
London median hourly rate £26.50 £20.00 £20.00
Median hourly rate % change year-on-year +32.50% - -7.39%
10th Percentile £10.78 £12.00 £12.15
90th Percentile £57.50 £52.25 £50.00
England median hourly rate £20.04 £21.00 £22.50
% change year-on-year -4.58% -6.67% +2.27%

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 12 December 2018.

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 12 December 2018. 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 -9 13 £625 +13.64% 3
West London - 3 £370 -
PSD2
England

For the 6 months to 12 December 2018, 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 90 (85.71%) Banking
2 61 (58.10%) Finance
3 47 (44.76%) Agile Software Development
4 23 (21.90%) Stakeholder Management
5 21 (20.00%) DevOps
6 16 (15.24%) IBM
7 15 (14.29%) OAuth
8 14 (13.33%) OpenID
8 14 (13.33%) Analytical Skills
8 14 (13.33%) Business Analysis
9 13 (12.38%) Java
10 12 (11.43%) Scrum
10 12 (11.43%) Mobile App
10 12 (11.43%) Integration Testing
11 11 (10.48%) SWIFT
11 11 (10.48%) Amazon AWS
11 11 (10.48%) REST
11 11 (10.48%) Microservices
11 11 (10.48%) Apigee
11 11 (10.48%) Penetration Testing
12 10 (9.52%) Google
12 10 (9.52%) Test Automation
12 10 (9.52%) Security Architecture
12 10 (9.52%) Retail Banking
12 10 (9.52%) API Testing
12 10 (9.52%) Fintech
13 9 (8.57%) Self-Motivation
13 9 (8.57%) User Acceptance Testing
13 9 (8.57%) ForgeRock
14 8 (7.62%) Middleware

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 5 (4.76%) Confluence
1 5 (4.76%) Mule
2 3 (2.86%) Oracle SOA Suite
3 1 (0.95%) Apache Spark
Business Applications
1 1 (0.95%) Temenos T24
Cloud Services
1 11 (10.48%) Amazon AWS
1 11 (10.48%) Apigee
2 4 (3.81%) GitHub
2 4 (3.81%) Google Cloud Platform
2 4 (3.81%) Microsoft Azure
3 2 (1.90%) Azure Active Directory
3 2 (1.90%) OpenShift
4 1 (0.95%) Apple Pay
4 1 (0.95%) SaaS
Communications & Networking
1 2 (1.90%) HTTP
2 1 (0.95%) Firewall
2 1 (0.95%) Internet
2 1 (0.95%) Network Security
2 1 (0.95%) SWIFTNet
Database & Business Intelligence
1 4 (3.81%) Apache Cassandra
1 4 (3.81%) Big Data
2 3 (2.86%) NoSQL
2 3 (2.86%) PostgreSQL
2 3 (2.86%) SQL Server
3 2 (1.90%) Cloud Spanner
3 2 (1.90%) MongoDB
3 2 (1.90%) MySQL
3 2 (1.90%) NewSQL
4 1 (0.95%) Hadoop
Development Applications
1 8 (7.62%) JIRA
2 6 (5.71%) Git (software)
2 6 (5.71%) Jenkins
3 4 (3.81%) Maven
4 3 (2.86%) Eclipse
5 1 (0.95%) Android Studio
5 1 (0.95%) Gerrit
5 1 (0.95%) IBM UrbanCode
5 1 (0.95%) SoapUI
5 1 (0.95%) webpack
General
1 90 (85.71%) Banking
2 61 (58.10%) Finance
3 10 (9.52%) Retail Banking
4 6 (5.71%) Legal
5 5 (4.76%) Retail
6 4 (3.81%) Danish Language
6 4 (3.81%) French Language
6 4 (3.81%) German Language
6 4 (3.81%) Italian Language
6 4 (3.81%) Spanish Language
6 4 (3.81%) Swedish Language
7 3 (2.86%) Back Office
7 3 (2.86%) Financial Institution
7 3 (2.86%) Investment Banking
8 2 (1.90%) Advertising
8 2 (1.90%) Front Office
8 2 (1.90%) Private Banking
8 2 (1.90%) Retail Finance
9 1 (0.95%) Law
9 1 (0.95%) Marketing
Job Titles
1 26 (24.76%) Analyst
1 26 (24.76%) Architect
2 19 (18.10%) Business Analyst
3 14 (13.33%) Banking Analyst
4 12 (11.43%) Security Architect
5 11 (10.48%) Banking Business Analyst
6 10 (9.52%) Tester
7 9 (8.57%) Developer
8 5 (4.76%) Programme Manager
8 5 (4.76%) Test Leader
9 4 (3.81%) DevOps Architect
9 4 (3.81%) DevOps Engineer
9 4 (3.81%) Lead Business Analyst
9 4 (3.81%) Payments Analyst
9 4 (3.81%) Payments Architect
9 4 (3.81%) Payments Business Analyst
9 4 (3.81%) Payments Tester
9 4 (3.81%) Senior Analyst
9 4 (3.81%) Senior Business Analyst
9 4 (3.81%) Solutions Architect
Libraries, Frameworks & Software Standards
1 15 (14.29%) OAuth
2 14 (13.33%) OpenID
3 11 (10.48%) REST
4 8 (7.62%) Middleware
4 8 (7.62%) SAML
5 7 (6.67%) JSON
5 7 (6.67%) RESTful
5 7 (6.67%) SOAP
6 5 (4.76%) Node.js
6 5 (4.76%) Spring
6 5 (4.76%) Spring Boot
6 5 (4.76%) Web Services
6 5 (4.76%) XML
7 4 (3.81%) Swagger
8 3 (2.86%) Ajax
8 3 (2.86%) Java EE
8 3 (2.86%) Kafka
8 3 (2.86%) RAML
8 3 (2.86%) WSDL
9 2 (1.90%) .NET
Miscellaneous
1 14 (13.33%) Analytical Skills
2 12 (11.43%) Mobile App
3 11 (10.48%) SWIFT
4 10 (9.52%) Fintech
5 9 (8.57%) Self-Motivation
6 3 (2.86%) Online Banking
7 1 (0.95%) Digital Wallet
7 1 (0.95%) Management Information System
7 1 (0.95%) Private Cloud
7 1 (0.95%) Public Cloud
7 1 (0.95%) User Experience
Operating Systems
1 1 (0.95%) Android
1 1 (0.95%) Apple iOS
Processes & Methodologies
1 47 (44.76%) Agile Software Development
2 23 (21.90%) Stakeholder Management
3 21 (20.00%) DevOps
4 14 (13.33%) Business Analysis
5 12 (11.43%) Integration Testing
5 12 (11.43%) Scrum
6 11 (10.48%) Microservices
6 11 (10.48%) Penetration Testing
7 10 (9.52%) API Testing
7 10 (9.52%) Security Architecture
7 10 (9.52%) Test Automation
8 9 (8.57%) User Acceptance Testing
9 8 (7.62%) Identity Access Management
9 8 (7.62%) System Integration Testing
9 8 (7.62%) Validation
10 7 (6.67%) Continuous Delivery
10 7 (6.67%) OWASP
10 7 (6.67%) Regulatory Compliance
11 6 (5.71%) Test Planning
11 6 (5.71%) Waterfall
Programming Languages
1 13 (12.38%) Java
2 5 (4.76%) C
3 4 (3.81%) JavaScript
4 3 (2.86%) SQL
5 2 (1.90%) C#
6 1 (0.95%) Apple Swift
6 1 (0.95%) Objective-C
6 1 (0.95%) Python
Qualifications
1 2 (1.90%) CISM
1 2 (1.90%) CISSP
1 2 (1.90%) Degree
1 2 (1.90%) ISEB
1 2 (1.90%) ISTQB
2 1 (0.95%) CCNA
2 1 (0.95%) CISA
2 1 (0.95%) Cisco Certification
2 1 (0.95%) Computer Science Degree
2 1 (0.95%) CRISC
2 1 (0.95%) ISTQB Advanced Certification
2 1 (0.95%) PRINCE2 Certification
2 1 (0.95%) SANS
Quality Assurance & Compliance
1 6 (5.71%) QA
1 6 (5.71%) SEPA
2 5 (4.76%) Actionable Recommendations
3 4 (3.81%) TARGET2
4 3 (2.86%) GDPR
5 2 (1.90%) ISO 20022
5 2 (1.90%) ISO/IEC 27001
5 2 (1.90%) PCI DSS
5 2 (1.90%) PMO
6 1 (0.95%) COBIT
6 1 (0.95%) HIPAA
System Software
1 8 (7.62%) OpenAM
2 2 (1.90%) Active Directory
Systems Management
1 8 (7.62%) Single Sign-On
2 4 (3.81%) HP Quality Center
3 3 (2.86%) WebSphere Service Registry and Repository
4 2 (1.90%) Ansible
4 2 (1.90%) Kubernetes
Vendors
1 16 (15.24%) IBM
2 10 (9.52%) Google
3 9 (8.57%) ForgeRock
4 8 (7.62%) Microsoft
4 8 (7.62%) MuleSoft
5 4 (3.81%) HP
6 3 (2.86%) Atlassian
6 3 (2.86%) Oracle
6 3 (2.86%) WSO2
7 2 (1.90%) Apple
7 2 (1.90%) Ping Identity
8 1 (0.95%) Axway
8 1 (0.95%) CA
8 1 (0.95%) CyberArk
8 1 (0.95%) ForeScout
8 1 (0.95%) Mashery
8 1 (0.95%) McAfee
8 1 (0.95%) PayPal
8 1 (0.95%) Splunk