Period
to 23 November 2017

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

European Market Infrastructure Regulation (EMIR)
UK > Scotland
6 months to
23 Nov 2017
Same period 2016 Same period 2015
Rank 172 185 189
Rank change year-on-year +13 +4 -13
Contract jobs citing EMIR 15 1 9
As % of all contract IT jobs advertised in Scotland 0.30% 0.023% 0.15%
As % of the Quality Assurance & Compliance category 2.06% 0.18% 1.12%
Number of daily rates quoted 9 0 7
Scotland median daily rate £395 - £500
10th Percentile £345 - £369
90th Percentile £555 - £700
UK median daily rate £550 £600 £575
% change year-on-year -8.33% +4.35% +4.55%
Number of hourly rates quoted 0 0 0
Scotland median hourly rate - - -
UK median hourly rate - - £21.00

EMIR 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 Scotland with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
Scotland
Contract vacancies with a requirement for quality assurance or compliance skills 728 556 806
As % of all contract IT jobs advertised in Scotland 14.44% 12.83% 13.07%
Number of daily rates quoted 415 320 405
Scotland median daily rate £375 £363 £338
Median daily rate % change year-on-year +3.45% +7.41% -9.40%
10th Percentile £176 £152 £181
90th Percentile £541 £488 £488
UK median daily rate £440 £425 £407
% change year-on-year +3.53% +4.42% +1.75%
Number of hourly rates quoted 30 23 13
Scotland median hourly rate £18.63 £25.00 £32.50
Median hourly rate % change year-on-year -25.50% -23.08% +68.83%
10th Percentile £13.00 £16.25 £16.45
90th Percentile £45.05 £40.50 £40.00
UK median hourly rate £20.00 £22.84 £22.50
% change year-on-year -12.42% +1.49% +18.42%

EMIR
Job Vacancy Trend in Scotland

Job postings citing EMIR as a percentage of all IT jobs advertised in Scotland.

Job vacancy trend for EMIR in Scotland

EMIR
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for EMIR in Scotland

EMIR
Contractor Daily Rate Histogram in Scotland

The daily rate distribution of IT jobs citing EMIR in Scotland over the 6 months to 23 November 2017.

Contractor daily rate histogram for EMIR in Scotland

EMIR
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing EMIR within the Scotland region over the 6 months to 23 November 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
Edinburgh 0 10 £435 -
Glasgow - 5 £275 - 1
EMIR
UK

For the 6 months to 23 November 2017, IT contractor jobs citing EMIR 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 Scotland region with a requirement for EMIR.

1 11 (73.33%) Finance
2 8 (53.33%) Asset Management
3 7 (46.67%) MiFID
3 7 (46.67%) Markit EDM
3 7 (46.67%) SQL
4 6 (40.00%) Banking
4 6 (40.00%) FitNesse
5 5 (33.33%) Business Analysis
5 5 (33.33%) Stakeholder Management
5 5 (33.33%) Charles River
6 4 (26.67%) Agile Software Development
6 4 (26.67%) Fixed Income
6 4 (26.67%) GAP Analysis
6 4 (26.67%) Dodd-Frank
7 3 (20.00%) Analytical Skills
7 3 (20.00%) Software Delivery
7 3 (20.00%) Business Process Analysis
7 3 (20.00%) Mobile Banking
7 3 (20.00%) Big Data
7 3 (20.00%) Degree
7 3 (20.00%) Mathematics
7 3 (20.00%) SQL Server
8 2 (13.33%) C#
8 2 (13.33%) FATCA
8 2 (13.33%) Portfolio Management
8 2 (13.33%) Investment Management
8 2 (13.33%) SQL Server 2008
8 2 (13.33%) SDLC
9 1 (6.67%) Anti-Money Laundering
9 1 (6.67%) GDPR

EMIR
Co-occurring IT Skills in Scotland 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:

Business Applications
1 7 (46.67%) Markit EDM
Database & Business Intelligence
1 3 (20.00%) Big Data
1 3 (20.00%) SQL Server
2 2 (13.33%) SQL Server 2008
3 1 (6.67%) DB2
3 1 (6.67%) Relational Database
Development Applications
1 6 (40.00%) FitNesse
2 1 (6.67%) Ant
2 1 (6.67%) Git (software)
2 1 (6.67%) Gradle
2 1 (6.67%) Hudson
2 1 (6.67%) Jenkins
2 1 (6.67%) Maven
General
1 11 (73.33%) Finance
2 6 (40.00%) Banking
3 1 (6.67%) Front Office
3 1 (6.67%) Investment Banking
Job Titles
1 7 (46.67%) Analyst
1 7 (46.67%) Business Analyst
2 6 (40.00%) Developer
3 4 (26.67%) Regulatory Business Analyst
4 3 (20.00%) Regulatory Reporting Business Analyst
4 3 (20.00%) Report Analyst
5 2 (13.33%) MiFID Business Analyst
6 1 (6.67%) AML Business Analyst
6 1 (6.67%) Architect
6 1 (6.67%) Java Engineer
6 1 (6.67%) Java Software Engineer
6 1 (6.67%) Senior Analyst
6 1 (6.67%) Senior Business Analyst
6 1 (6.67%) Senior Java Engineer
6 1 (6.67%) Senior Java Software Engineer
6 1 (6.67%) Senior Software Engineer
6 1 (6.67%) Software Engineer
6 1 (6.67%) Solutions Architect
Libraries, Frameworks & Software Standards
1 1 (6.67%) FIX Protocol
1 1 (6.67%) JSON
1 1 (6.67%) Protocol Buffers
1 1 (6.67%) SOAP
1 1 (6.67%) Spring
1 1 (6.67%) XML
Miscellaneous
1 4 (26.67%) Fixed Income
2 3 (20.00%) Analytical Skills
2 3 (20.00%) Mobile Banking
3 1 (6.67%) Derivative
3 1 (6.67%) Management Information System
Operating Systems
1 1 (6.67%) Linux
1 1 (6.67%) Unix
Processes & Methodologies
1 8 (53.33%) Asset Management
2 5 (33.33%) Business Analysis
2 5 (33.33%) Stakeholder Management
3 4 (26.67%) Agile Software Development
3 4 (26.67%) GAP Analysis
4 3 (20.00%) Business Process Analysis
4 3 (20.00%) Mathematics
4 3 (20.00%) Software Delivery
5 2 (13.33%) Investment Management
5 2 (13.33%) Portfolio Management
5 2 (13.33%) SDLC
6 1 (6.67%) Anti-Money Laundering
6 1 (6.67%) Change Management
6 1 (6.67%) Data Analysis
6 1 (6.67%) Risk Management
6 1 (6.67%) Software Engineering
6 1 (6.67%) Test Scripting
6 1 (6.67%) Test Strategy
6 1 (6.67%) User Acceptance Testing
6 1 (6.67%) Wealth Management
Programming Languages
1 7 (46.67%) SQL
2 2 (13.33%) C#
3 1 (6.67%) Java
3 1 (6.67%) Perl
3 1 (6.67%) Scala
Qualifications
1 3 (20.00%) Degree
Quality Assurance & Compliance
1 7 (46.67%) MiFID
2 4 (26.67%) Dodd-Frank
3 2 (13.33%) FATCA
4 1 (6.67%) AIFMD
4 1 (6.67%) GDPR
4 1 (6.67%) PSD2
Vendors
1 5 (33.33%) Charles River
2 1 (6.67%) Oracle
2 1 (6.67%) Perforce
2 1 (6.67%) Sybase