Period
to 27 May 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 27 May 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
27 May 2018
Same period 2017 Same period 2016
Rank 560 530 588
Rank change year-on-year -30 +58 -
Contract jobs citing PSD2 82 51 9
As % of all contract IT jobs advertised in London 0.18% 0.13% 0.021%
As % of the Quality Assurance & Compliance category 1.46% 1.08% 0.19%
Number of daily rates quoted 62 38 7
London median daily rate £575 £575 £500
Median daily rate % change year-on-year - +15.00% -
10th Percentile £428 £513 £463
90th Percentile £775 £658 £605
England median daily rate £550 £575 £513
% change year-on-year -4.35% +12.20% -
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 5,634 4,713 4,810
As % of all contract IT jobs advertised in London 12.36% 11.86% 11.08%
Number of daily rates quoted 3,954 3,311 3,398
London median daily rate £500 £488 £450
Median daily rate % change year-on-year +2.56% +8.33% +2.27%
10th Percentile £306 £300 £263
90th Percentile £675 £675 £638
England median daily rate £450 £450 £411
% change year-on-year - +9.42% +2.81%
Number of hourly rates quoted 85 66 57
London median hourly rate £23.50 £21.25 £22.00
Median hourly rate % change year-on-year +10.59% -3.41% +10.00%
10th Percentile £13.45 £12.88 £12.60
90th Percentile £53.50 £50.00 £41.95
England median hourly rate £22.67 £21.34 £23.81
% change year-on-year +6.27% -10.39% +17.03%

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 27 May 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 27 May 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 -39 18 £463 -13.95% 3
South London - 3 £575 -
PSD2
England

For the 6 months to 27 May 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 66 (80.49%) Banking
2 47 (57.32%) Finance
3 35 (42.68%) Agile Software Development
4 22 (26.83%) Stakeholder Management
5 21 (25.61%) Retail Banking
6 20 (24.39%) Scrum
7 13 (15.85%) Java
8 12 (14.63%) Fintech
9 11 (13.41%) SDLC
9 11 (13.41%) DevOps
9 11 (13.41%) JIRA
10 10 (12.20%) ForgeRock
10 10 (12.20%) OpenAM
10 10 (12.20%) GDPR
11 9 (10.98%) User Stories
11 9 (10.98%) Microservices
12 8 (9.76%) Legal
13 7 (8.54%) Technical Architecture
13 7 (8.54%) Business Analysis
13 7 (8.54%) MuleSoft
13 7 (8.54%) ISO 20022
13 7 (8.54%) OAuth
13 7 (8.54%) Confluence
13 7 (8.54%) BDD
13 7 (8.54%) Problem-Solving
14 6 (7.32%) Use Case
14 6 (7.32%) Jenkins
14 6 (7.32%) JSON
14 6 (7.32%) TDD
14 6 (7.32%) Oracle

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 7 (8.54%) Confluence
2 5 (6.10%) Oracle SOA Suite
3 4 (4.88%) WebSphere
4 2 (2.44%) CMS
5 1 (1.22%) Anypoint
5 1 (1.22%) Apache
5 1 (1.22%) Apache Spark
5 1 (1.22%) MQSeries
Business Applications
1 1 (1.22%) Oracle Cash Management
Cloud Services
1 4 (4.88%) Amazon AWS
2 1 (1.22%) Amazon S3
Communications & Networking
1 2 (2.44%) WebEx
2 1 (1.22%) FTP
2 1 (1.22%) HTTPS
2 1 (1.22%) Internet
2 1 (1.22%) SMS
2 1 (1.22%) VPN
Database & Business Intelligence
1 5 (6.10%) SQL Server
2 1 (1.22%) Amazon DynamoDB
2 1 (1.22%) Amazon RDS
2 1 (1.22%) Amazon Redshift
2 1 (1.22%) Big Data
2 1 (1.22%) Neo4j
2 1 (1.22%) NoSQL
2 1 (1.22%) RDBMS
2 1 (1.22%) Relational Database
2 1 (1.22%) Spark SQL
Development Applications
1 11 (13.41%) JIRA
2 6 (7.32%) Jenkins
3 4 (4.88%) Cucumber
4 3 (3.66%) Git (software)
4 3 (3.66%) Maven
5 1 (1.22%) Appium
5 1 (1.22%) Selenium
General
1 66 (80.49%) Banking
2 47 (57.32%) Finance
3 21 (25.61%) Retail Banking
4 8 (9.76%) Legal
5 3 (3.66%) Back Office
5 3 (3.66%) Financial Institution
5 3 (3.66%) Retail
6 1 (1.22%) Billing
6 1 (1.22%) Investment Banking
6 1 (1.22%) Private Banking
Job Titles
1 26 (31.71%) Architect
2 23 (28.05%) Analyst
3 20 (24.39%) Business Analyst
4 12 (14.63%) Payments Architect
5 10 (12.20%) Banking Analyst
5 10 (12.20%) Solutions Architect
5 10 (12.20%) Technical Architect
6 8 (9.76%) Banking Business Analyst
7 7 (8.54%) Payments Solutions Architect
8 6 (7.32%) Consultant
9 5 (6.10%) Project Manager
10 4 (4.88%) Agile Business Analyst
10 4 (4.88%) Change Manager
10 4 (4.88%) ForgeRock Architect
10 4 (4.88%) Security Architect
11 3 (3.66%) GDPR Business Analyst
11 3 (3.66%) Payments Analyst
11 3 (3.66%) Payments Business Analyst
11 3 (3.66%) Payments Project Manager
11 3 (3.66%) Retail Banking Business Analyst
Libraries, Frameworks & Software Standards
1 7 (8.54%) OAuth
2 6 (7.32%) JSON
3 5 (6.10%) Java EE
3 5 (6.10%) REST
3 5 (6.10%) SOAP
4 4 (4.88%) OpenID
4 4 (4.88%) WebSphere MQ
4 4 (4.88%) XML
5 3 (3.66%) J2EE
5 3 (3.66%) SAML
5 3 (3.66%) Spring
5 3 (3.66%) Swagger
5 3 (3.66%) Velocity
6 2 (2.44%) Akka
6 2 (2.44%) Middleware
6 2 (2.44%) Web Services
6 2 (2.44%) YAML
7 1 (1.22%) EDI
7 1 (1.22%) EDIFACT
7 1 (1.22%) XSD
Miscellaneous
1 12 (14.63%) Fintech
2 4 (4.88%) Mobile App
3 3 (3.66%) Self-Motivation
3 3 (3.66%) SWIFT
4 2 (2.44%) Computer Science
4 2 (2.44%) iPad
5 1 (1.22%) Analytical Skills
5 1 (1.22%) Data Protection Act
5 1 (1.22%) Data Structures
5 1 (1.22%) Fedwire
5 1 (1.22%) Foreign Exchange (FX)
5 1 (1.22%) Management Information System
5 1 (1.22%) Online Banking
5 1 (1.22%) Taxonomies
5 1 (1.22%) User Experience
Processes & Methodologies
1 35 (42.68%) Agile Software Development
2 22 (26.83%) Stakeholder Management
3 20 (24.39%) Scrum
4 11 (13.41%) DevOps
4 11 (13.41%) SDLC
5 9 (10.98%) Microservices
5 9 (10.98%) User Stories
6 7 (8.54%) BDD
6 7 (8.54%) Business Analysis
6 7 (8.54%) Problem-Solving
6 7 (8.54%) Technical Architecture
7 6 (7.32%) TDD
7 6 (7.32%) Use Case
8 5 (6.10%) Acceptance Criteria
8 5 (6.10%) PRINCE2
8 5 (6.10%) SOA
8 5 (6.10%) Test Automation
8 5 (6.10%) Value Proposition
8 5 (6.10%) Waterfall
9 4 (4.88%) Customer-Centricity
Programming Languages
1 13 (15.85%) Java
2 3 (3.66%) Java 8
3 2 (2.44%) C
4 1 (1.22%) ActionScript
4 1 (1.22%) ActionScript 2.0
4 1 (1.22%) SQL
Qualifications
1 3 (3.66%) A+ Certification
1 3 (3.66%) Degree
1 3 (3.66%) ITIL Certification
1 3 (3.66%) PRINCE2 Certification
2 2 (2.44%) Computer Science Degree
2 2 (2.44%) PMI Certification
2 2 (2.44%) PMP
3 1 (1.22%) CCA
3 1 (1.22%) CISM
3 1 (1.22%) CISSP
Quality Assurance & Compliance
1 10 (12.20%) GDPR
2 7 (8.54%) ISO 20022
3 3 (3.66%) Actionable Recommendations
3 3 (3.66%) PCI DSS
3 3 (3.66%) SEPA
3 3 (3.66%) TARGET2
4 2 (2.44%) FATCA
4 2 (2.44%) PMO
5 1 (1.22%) Data Quality
5 1 (1.22%) IFRS
5 1 (1.22%) IFRS 9
5 1 (1.22%) ISO/IEC 27001
5 1 (1.22%) MiFID
5 1 (1.22%) QA
System Software
1 10 (12.20%) OpenAM
2 3 (3.66%) Docker
Systems Management
1 3 (3.66%) Ansible
1 3 (3.66%) Kubernetes
1 3 (3.66%) Single Sign-On
2 2 (2.44%) WebSphere Service Registry and Repository
Vendors
1 10 (12.20%) ForgeRock
2 7 (8.54%) MuleSoft
3 6 (7.32%) Oracle
4 4 (4.88%) IBM
5 3 (3.66%) Apigee
5 3 (3.66%) Google
5 3 (3.66%) Microsoft
5 3 (3.66%) Splunk
6 2 (2.44%) Atlassian
7 1 (1.22%) SAP
7 1 (1.22%) Tableau
7 1 (1.22%) WorldPay