Period
to 25 September 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 25 September 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
25 Sep 2018
Same period 2017 Same period 2016
Rank 515 565 593
Rank change year-on-year +50 +28 +21
Contract jobs citing PSD2 116 55 14
As % of all contract IT jobs advertised in London 0.25% 0.12% 0.032%
As % of the Quality Assurance & Compliance category 2.39% 1.02% 0.29%
Number of daily rates quoted 86 35 8
London median daily rate £573 £550 £481
Median daily rate % change year-on-year +4.09% +14.29% +13.24%
10th Percentile £406 £463 £446
90th Percentile £781 £705 £608
England median daily rate £550 £550 £488
% change year-on-year - +12.82% -2.50%
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 4,854 5,398 4,894
As % of all contract IT jobs advertised in London 10.58% 12.24% 11.07%
Number of daily rates quoted 3,462 3,893 3,472
London median daily rate £475 £488 £450
Median daily rate % change year-on-year -2.56% +8.33% -
10th Percentile £300 £306 £275
90th Percentile £656 £675 £638
England median daily rate £450 £450 £425
% change year-on-year - +5.88% +3.16%
Number of hourly rates quoted 76 57 58
London median hourly rate £25.00 £21.90 £18.22
Median hourly rate % change year-on-year +14.16% +20.21% -8.91%
10th Percentile £12.75 £12.73 £12.18
90th Percentile £58.75 £50.00 £43.75
England median hourly rate £22.00 £20.00 £24.12
% change year-on-year +10.00% -17.06% +11.90%

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 25 September 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 25 September 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 -19 21 £550 +2.33%
West London - 2 £370 - 1
PSD2
England

For the 6 months to 25 September 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 93 (80.17%) Banking
2 67 (57.76%) Finance
3 43 (37.07%) Agile Software Development
4 28 (24.14%) Stakeholder Management
5 22 (18.97%) DevOps
6 21 (18.10%) Java
7 20 (17.24%) Retail Banking
8 19 (16.38%) Scrum
8 19 (16.38%) OAuth
9 17 (14.66%) IBM
10 16 (13.79%) OpenAM
11 15 (12.93%) ForgeRock
11 15 (12.93%) SOAP
12 14 (12.07%) Penetration Testing
12 14 (12.07%) JSON
12 14 (12.07%) Integration Testing
12 14 (12.07%) Fintech
13 13 (11.21%) MuleSoft
13 13 (11.21%) REST
13 13 (11.21%) Business Analysis
13 13 (11.21%) Oracle
13 13 (11.21%) Middleware
14 12 (10.34%) SQL Server
14 12 (10.34%) SOA
14 12 (10.34%) Google
14 12 (10.34%) Oracle SOA Suite
14 12 (10.34%) Apigee
14 12 (10.34%) Microservices
14 12 (10.34%) Java EE
15 11 (9.48%) Test Automation

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 12 (10.34%) Oracle SOA Suite
2 5 (4.31%) Mule
3 4 (3.45%) WebSphere
4 3 (2.59%) Confluence
5 1 (0.86%) Anypoint
5 1 (0.86%) Apache Spark
5 1 (0.86%) CMS
5 1 (0.86%) MQSeries
Business Applications
1 1 (0.86%) Oracle Cash Management
Cloud Services
1 11 (9.48%) Amazon AWS
2 3 (2.59%) GitHub
3 2 (1.72%) Azure Active Directory
3 2 (1.72%) Google Cloud Platform
3 2 (1.72%) Microsoft Azure
3 2 (1.72%) OpenShift
Communications & Networking
1 4 (3.45%) Network Security
2 2 (1.72%) WebEx
3 1 (0.86%) FTP
3 1 (0.86%) HTTP
3 1 (0.86%) HTTPS
3 1 (0.86%) SWIFTNet
3 1 (0.86%) VPN
Database & Business Intelligence
1 12 (10.34%) SQL Server
2 4 (3.45%) Big Data
3 2 (1.72%) Apache Cassandra
4 1 (0.86%) Cloud Spanner
4 1 (0.86%) Data Mining
4 1 (0.86%) Hadoop
4 1 (0.86%) MongoDB
4 1 (0.86%) MySQL
4 1 (0.86%) NewSQL
4 1 (0.86%) NoSQL
4 1 (0.86%) PostgreSQL
Development Applications
1 8 (6.90%) Jenkins
2 6 (5.17%) Git (software)
2 6 (5.17%) JIRA
3 3 (2.59%) Eclipse
3 3 (2.59%) Maven
4 2 (1.72%) Cucumber
5 1 (0.86%) Gerrit
General
1 93 (80.17%) Banking
2 67 (57.76%) Finance
3 20 (17.24%) Retail Banking
4 8 (6.90%) Legal
5 5 (4.31%) Back Office
6 4 (3.45%) Danish Language
6 4 (3.45%) French Language
6 4 (3.45%) German Language
6 4 (3.45%) Italian Language
6 4 (3.45%) Retail
6 4 (3.45%) Spanish Language
6 4 (3.45%) Swedish Language
7 3 (2.59%) Advertising
7 3 (2.59%) Financial Institution
8 1 (0.86%) Investment Banking
8 1 (0.86%) Marketing
8 1 (0.86%) Retail Finance
Job Titles
1 36 (31.03%) Architect
2 24 (20.69%) Analyst
3 18 (15.52%) Business Analyst
4 13 (11.21%) Banking Analyst
5 12 (10.34%) Security Architect
6 11 (9.48%) Payments Architect
7 10 (8.62%) Technical Architect
8 8 (6.90%) Banking Business Analyst
8 8 (6.90%) Solutions Architect
9 7 (6.03%) Developer
10 6 (5.17%) Product Owner
10 6 (5.17%) Test Leader
11 5 (4.31%) Consultant
11 5 (4.31%) DevOps Engineer
11 5 (4.31%) Identity Management Architect
12 4 (3.45%) DevOps Architect
12 4 (3.45%) ForgeRock Architect
12 4 (3.45%) Technical Leader
13 3 (2.59%) Security Specialist
13 3 (2.59%) Senior Analyst
Libraries, Frameworks & Software Standards
1 19 (16.38%) OAuth
2 15 (12.93%) SOAP
3 14 (12.07%) JSON
4 13 (11.21%) Middleware
4 13 (11.21%) REST
5 12 (10.34%) Java EE
6 11 (9.48%) OpenID
7 9 (7.76%) SAML
7 9 (7.76%) Web Services
8 7 (6.03%) XML
9 6 (5.17%) Swagger
10 4 (3.45%) RESTful
10 4 (3.45%) Spring
10 4 (3.45%) Spring Boot
10 4 (3.45%) WebSphere MQ
11 3 (2.59%) Ajax
11 3 (2.59%) J2EE
11 3 (2.59%) Kafka
11 3 (2.59%) Velocity
11 3 (2.59%) YAML
Miscellaneous
1 14 (12.07%) Fintech
2 11 (9.48%) Self-Motivation
3 10 (8.62%) Analytical Skills
4 9 (7.76%) Mobile App
5 8 (6.90%) SWIFT
6 3 (2.59%) Computer Science
7 2 (1.72%) Online Banking
8 1 (0.86%) Algorithms
8 1 (0.86%) Fedwire
8 1 (0.86%) Foreign Exchange (FX)
8 1 (0.86%) Management Information System
Processes & Methodologies
1 43 (37.07%) Agile Software Development
2 28 (24.14%) Stakeholder Management
3 22 (18.97%) DevOps
4 19 (16.38%) Scrum
5 14 (12.07%) Integration Testing
5 14 (12.07%) Penetration Testing
6 13 (11.21%) Business Analysis
7 12 (10.34%) Microservices
7 12 (10.34%) SOA
8 11 (9.48%) Identity Access Management
8 11 (9.48%) Test Automation
9 9 (7.76%) OWASP
9 9 (7.76%) SDLC
9 9 (7.76%) Security Architecture
10 8 (6.90%) Actionable Insight
10 8 (6.90%) Strategic Thinking
11 7 (6.03%) Continuous Delivery
11 7 (6.03%) Technical Architecture
12 6 (5.17%) ITIL
12 6 (5.17%) User Acceptance Testing
Programming Languages
1 21 (18.10%) Java
2 1 (0.86%) ActionScript
2 1 (0.86%) ActionScript 2.0
2 1 (0.86%) C
2 1 (0.86%) C#
2 1 (0.86%) JavaScript
2 1 (0.86%) SQL
Qualifications
1 5 (4.31%) Degree
2 4 (3.45%) CISM
2 4 (3.45%) CISSP
2 4 (3.45%) PRINCE2 Certification
3 3 (2.59%) A+ Certification
3 3 (2.59%) Computer Science Degree
3 3 (2.59%) ITIL Certification
4 2 (1.72%) CCNA
4 2 (1.72%) CISA
4 2 (1.72%) Cisco Certification
5 1 (0.86%) ISEB
5 1 (0.86%) ISTQB
5 1 (0.86%) ISTQB Advanced Certification
5 1 (0.86%) PMI Certification
5 1 (0.86%) PMP
Quality Assurance & Compliance
1 8 (6.90%) Actionable Recommendations
1 8 (6.90%) GDPR
1 8 (6.90%) ISO 20022
2 4 (3.45%) SEPA
3 3 (2.59%) ISO/IEC 27001
3 3 (2.59%) PCI DSS
3 3 (2.59%) PMO
4 2 (1.72%) HIPAA
4 2 (1.72%) TARGET2
5 1 (0.86%) FATCA
5 1 (0.86%) QA
5 1 (0.86%) Sarbanes-Oxley
System Software
1 16 (13.79%) OpenAM
2 2 (1.72%) Active Directory
Systems Management
1 10 (8.62%) Single Sign-On
2 9 (7.76%) WebSphere Service Registry and Repository
3 2 (1.72%) Ansible
3 2 (1.72%) Kubernetes
Vendors
1 17 (14.66%) IBM
2 15 (12.93%) ForgeRock
3 13 (11.21%) MuleSoft
3 13 (11.21%) Oracle
4 12 (10.34%) Apigee
4 12 (10.34%) Google
5 9 (7.76%) Microsoft
6 4 (3.45%) Splunk
7 3 (2.59%) Atlassian
7 3 (2.59%) WSO2
8 2 (1.72%) CyberArk
8 2 (1.72%) ForeScout
8 2 (1.72%) McAfee
8 2 (1.72%) Ping Identity
9 1 (0.86%) Apple
9 1 (0.86%) Axway
9 1 (0.86%) CA
9 1 (0.86%) Mashery
9 1 (0.86%) SAP