Period
to 13 December 2017

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 13 December 2017 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
13 Dec 2017
Same period 2016 Same period 2015
Rank 593 589 603
Rank change year-on-year -4 +14 -
Contract jobs citing PSD2 44 25 4
As % of all contract IT jobs advertised in London 0.093% 0.056% 0.009%
As % of the Quality Assurance & Compliance category 0.71% 0.49% 0.073%
Number of daily rates quoted 32 14 3
London median daily rate £550 £625 £425
Median daily rate % change year-on-year -12.00% +47.06% -
10th Percentile £463 £441 £413
90th Percentile £783 £913 £548
England median daily rate £550 £600 £500
% change year-on-year -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 6212 5102 5465
As % of all contract IT jobs advertised in London 13.06% 11.42% 11.87%
Number of daily rates quoted 4464 3559 3754
London median daily rate £483 £455 £450
Median daily rate % change year-on-year +6.04% +1.11% +5.88%
10th Percentile £300 £275 £258
90th Percentile £675 £650 £625
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 77 72 68
London median hourly rate £20.00 £20.25 £21.60
Median hourly rate % change year-on-year -1.23% -6.23% +13.66%
10th Percentile £12.00 £12.16 £13.05
90th Percentile £51.20 £49.73 £66.38
England median hourly rate £21.01 £22.50 £22.00
% change year-on-year -6.62% +2.27% +10.00%

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 13 December 2017.

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 13 December 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 -17 2 £550 -2.22% 1
South London - 2 £550 -
PSD2
England

For the 6 months to 13 December 2017, IT contractor jobs citing PSD2 also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for PSD2.

1 34 (77.27%) Banking
2 31 (70.45%) Finance
3 20 (45.45%) Agile Software Development
4 11 (25.00%) Stakeholder Management
4 11 (25.00%) Scrum
4 11 (25.00%) Retail Banking
5 9 (20.45%) GDPR
6 7 (15.91%) User Stories
7 6 (13.64%) Analytical Skills
7 6 (13.64%) SDLC
8 5 (11.36%) Fintech
8 5 (11.36%) Investment Banking
8 5 (11.36%) Project Management
9 4 (9.09%) Java
9 4 (9.09%) CCA
9 4 (9.09%) Information Security
9 4 (9.09%) Business Analysis
9 4 (9.09%) Private Banking
9 4 (9.09%) JIRA
9 4 (9.09%) Wealth Management
9 4 (9.09%) Investment Management
9 4 (9.09%) DevOps
9 4 (9.09%) IFRS
9 4 (9.09%) IFRS 9
10 3 (6.82%) Target Operating Model
10 3 (6.82%) Jenkins
10 3 (6.82%) Open Source
10 3 (6.82%) MongoDB
10 3 (6.82%) SWIFT
10 3 (6.82%) Degree

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 2 (4.55%) Confluence
2 1 (2.27%) Cloud Foundry
Applications
1 2 (4.55%) Microsoft Office
2 1 (2.27%) Microsoft Excel
2 1 (2.27%) Microsoft PowerPoint
Cloud Services
1 1 (2.27%) Amazon AWS
Communications & Networking
1 1 (2.27%) Network Security
Database & Business Intelligence
1 3 (6.82%) MongoDB
2 2 (4.55%) Big Data
3 1 (2.27%) CouchDB
3 1 (2.27%) NoSQL
3 1 (2.27%) Power BI
Development Applications
1 4 (9.09%) JIRA
2 3 (6.82%) Git (software)
2 3 (6.82%) Jenkins
2 3 (6.82%) Maven
3 2 (4.55%) Cucumber
4 1 (2.27%) JIRA Agile
General
1 34 (77.27%) Banking
2 31 (70.45%) Finance
3 11 (25.00%) Retail Banking
4 5 (11.36%) Investment Banking
5 4 (9.09%) Private Banking
6 3 (6.82%) Back Office
6 3 (6.82%) Legal
7 1 (2.27%) Corporate Banking
7 1 (2.27%) Financial Institution
7 1 (2.27%) Retail
Job Titles
1 18 (40.91%) Analyst
2 16 (36.36%) Business Analyst
3 8 (18.18%) Project Manager
4 4 (9.09%) Banking Analyst
4 4 (9.09%) Banking Project Manager
4 4 (9.09%) IT Manager
4 4 (9.09%) IT Project Manager
4 4 (9.09%) Regulatory Business Analyst
5 3 (6.82%) Banking Business Analyst
5 3 (6.82%) Change Manager
5 3 (6.82%) Consultant
5 3 (6.82%) MiFID Business Analyst
5 3 (6.82%) Senior Manager
6 2 (4.55%) Agile Project Manager
6 2 (4.55%) Business Process Analyst
6 2 (4.55%) Java Engineer
6 2 (4.55%) Payments Business Analyst
6 2 (4.55%) Programme Manager
6 2 (4.55%) Senior Project Manager
6 2 (4.55%) Software Engineer
Libraries, Frameworks & Software Standards
1 2 (4.55%) Akka
2 1 (2.27%) Node.js
2 1 (2.27%) Redux
2 1 (2.27%) Spring
Miscellaneous
1 6 (13.64%) Analytical Skills
2 5 (11.36%) Fintech
3 3 (6.82%) Clustering
3 3 (6.82%) SWIFT
4 2 (4.55%) Cybercrime
4 2 (4.55%) Foreign Exchange (FX)
4 2 (4.55%) User Experience
5 1 (2.27%) Data Centre
5 1 (2.27%) Data Protection Act
5 1 (2.27%) Mobile App
5 1 (2.27%) Mobile Banking
5 1 (2.27%) Online Banking
5 1 (2.27%) Security Operations Centre
5 1 (2.27%) Virtual Team
5 1 (2.27%) Wiki
Operating Systems
1 3 (6.82%) Linux
2 1 (2.27%) Windows
Processes & Methodologies
1 20 (45.45%) Agile Software Development
2 11 (25.00%) Scrum
2 11 (25.00%) Stakeholder Management
3 7 (15.91%) User Stories
4 6 (13.64%) SDLC
5 5 (11.36%) Project Management
6 4 (9.09%) Business Analysis
6 4 (9.09%) DevOps
6 4 (9.09%) Information Security
6 4 (9.09%) Investment Management
6 4 (9.09%) Wealth Management
7 3 (6.82%) GAP Analysis
7 3 (6.82%) Open Source
7 3 (6.82%) Software Engineering
7 3 (6.82%) Target Operating Model
7 3 (6.82%) TDD
8 2 (4.55%) Anti-Money Laundering
8 2 (4.55%) Customer-Centricity
8 2 (4.55%) Matrix Organization
8 2 (4.55%) Programme Delivery
Programming Languages
1 4 (9.09%) Java
2 1 (2.27%) JavaScript
Qualifications
1 4 (9.09%) CCA
2 3 (6.82%) Degree
3 1 (2.27%) CISSP
3 1 (2.27%) PMI Certification
3 1 (2.27%) PMP
Quality Assurance & Compliance
1 9 (20.45%) GDPR
2 4 (9.09%) IFRS
2 4 (9.09%) IFRS 9
3 3 (6.82%) MiFID
4 2 (4.55%) FATCA
4 2 (4.55%) PCI DSS
4 2 (4.55%) SEPA
5 1 (2.27%) Basel II
5 1 (2.27%) Basel III
5 1 (2.27%) GPG13
5 1 (2.27%) ISO/IEC 27001
5 1 (2.27%) PMO
System Software
1 1 (2.27%) Docker
Systems Management
1 1 (2.27%) Ansible
1 1 (2.27%) Kubernetes
Vendors
1 3 (6.82%) Microsoft
2 2 (4.55%) IBM
3 1 (2.27%) FIS
3 1 (2.27%) WorldPay