Period
to 11 December 2018

The following table provides summary statistics for contract job vacancies 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 11 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.

European Market Infrastructure Regulation (EMIR)
UK
6 months to
11 Dec 2018
Same period 2017 Same period 2016
Rank 856 667 776
Rank change year-on-year -189 +109 -99
Contract jobs citing EMIR 53 229 114
As % of all contract IT jobs advertised in the UK 0.050% 0.22% 0.11%
As % of the Quality Assurance & Compliance category 0.47% 1.75% 0.97%
Number of daily rates quoted 39 147 71
UK median daily rate £675 £550 £600
Median daily rate % change year-on-year +22.73% -8.33% +3.45%
10th Percentile £453 £363 £450
90th Percentile £750 £763 £725
UK excluding London median daily rate £425 £475 £550
% change year-on-year -10.53% -13.64% -8.33%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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 with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 11,290 13,116 11,748
As % of all contract IT jobs advertised in the UK 10.71% 12.70% 11.44%
Number of daily rates quoted 7,139 8,598 7,633
UK median daily rate £450 £438 £425
Median daily rate % change year-on-year +2.86% +2.94% +4.94%
10th Percentile £250 £256 £225
90th Percentile £625 £638 £600
UK excluding London median daily rate £410 £400 £395
% change year-on-year +2.50% +1.27% +1.94%
Number of hourly rates quoted 390 367 422
UK median hourly rate £20.00 £20.50 £22.67
Median hourly rate % change year-on-year -2.44% -9.56% +0.74%
10th Percentile £11.00 £11.00 £10.50
90th Percentile £47.55 £49.85 £46.68
UK excluding London median hourly rate £18.50 £21.01 £25.00
% change year-on-year -11.93% -15.98% +11.11%

EMIR
Job Vacancy Trend

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

Job vacancy trend for EMIR in the UK

EMIR
Contractor Daily Rate Trend

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

Contractor daily rate trend for EMIR in the UK

EMIR
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing EMIR over the 6 months to 11 December 2018.

Contractor daily rate histogram for EMIR in the UK

EMIR
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing EMIR within the UK over the 6 months to 11 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
England -173 51 £700 +27.27% 7
London -142 50 £700 +27.27% 7
UK excluding London -29 3 £425 -10.53%
Scotland -24 2 £425 -2.30%
South West - 1 - -

For the 6 months to 11 December 2018, IT contractor jobs citing EMIR 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 with a requirement for EMIR.

1 47 (88.68%) MiFID
2 31 (58.49%) Banking
3 28 (52.83%) Dodd-Frank
4 24 (45.28%) Finance
5 16 (30.19%) SQL
6 15 (28.30%) Agile Software Development
7 14 (26.42%) Investment Banking
8 12 (22.64%) Business Intelligence
8 12 (22.64%) Data Mapping
9 11 (20.75%) Front Office
9 11 (20.75%) .NET
9 11 (20.75%) C#
10 10 (18.87%) T-SQL
10 10 (18.87%) VB.NET
10 10 (18.87%) Stakeholder Management
10 10 (18.87%) SQL Server Reporting Services
10 10 (18.87%) SQL Server Integration Services
11 8 (15.09%) Foreign Exchange (FX)
12 7 (13.21%) Java
12 7 (13.21%) Business Analysis
12 7 (13.21%) User Acceptance Testing
12 7 (13.21%) TDD
12 7 (13.21%) Asset Management
12 7 (13.21%) Relational Database
13 6 (11.32%) Analytical Skills
13 6 (11.32%) SQL Server
13 6 (11.32%) Python
14 5 (9.43%) Oracle
14 5 (9.43%) Wealth Management
14 5 (9.43%) Derivative

EMIR
Co-occurring IT Skills 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 4 (7.55%) Apache
1 4 (7.55%) Apache Spark
1 4 (7.55%) Elasticsearch
Applications
1 3 (5.66%) Microsoft Excel
2 1 (1.89%) Microsoft Office
2 1 (1.89%) Microsoft PowerPoint
2 1 (1.89%) Microsoft Project
2 1 (1.89%) MS Visio
Business Applications
1 1 (1.89%) Summit
1 1 (1.89%) Temenos T24
Database & Business Intelligence
1 10 (18.87%) SQL Server Integration Services
1 10 (18.87%) SQL Server Reporting Services
2 7 (13.21%) Relational Database
3 6 (11.32%) SQL Server
4 4 (7.55%) Big Data
4 4 (7.55%) Crystal Reports
4 4 (7.55%) NoSQL
5 3 (5.66%) Data Warehouse
5 3 (5.66%) RDBMS
6 2 (3.77%) Hadoop
6 2 (3.77%) OLAP
7 1 (1.89%) Apache Hive
7 1 (1.89%) DB2
7 1 (1.89%) HBase
Development Applications
1 4 (7.55%) Cucumber
1 4 (7.55%) Git (software)
2 3 (5.66%) Jenkins
2 3 (5.66%) Maven
2 3 (5.66%) Subversion
3 2 (3.77%) ER Studio
3 2 (3.77%) JIRA
4 1 (1.89%) Concordion
4 1 (1.89%) JBehave
General
1 31 (58.49%) Banking
2 24 (45.28%) Finance
3 14 (26.42%) Investment Banking
4 11 (20.75%) Front Office
5 4 (7.55%) Private Banking
6 3 (5.66%) Back Office
6 3 (5.66%) Financial Institution
6 3 (5.66%) Legal
Job Titles
1 21 (39.62%) Analyst
1 21 (39.62%) Developer
2 15 (28.30%) Business Analyst
3 8 (15.09%) Project Manager
4 5 (9.43%) Java Developer
5 4 (7.55%) Banking Analyst
5 4 (7.55%) Banking Business Analyst
5 4 (7.55%) Cash Management Business Analyst
5 4 (7.55%) MiFID Business Analyst
5 4 (7.55%) Python Developer
5 4 (7.55%) Report Analyst
5 4 (7.55%) Treasury Business Analyst
6 3 (5.66%) Architect
6 3 (5.66%) Full Stack Developer
6 3 (5.66%) Investment Banking Java Developer
6 3 (5.66%) MiFID Project Manager
6 3 (5.66%) Senior Developer
6 3 (5.66%) Senior Python Developer
7 2 (3.77%) Business Project Manager
7 2 (3.77%) IT Business Analyst
Libraries, Frameworks & Software Standards
1 11 (20.75%) .NET
2 4 (7.55%) FIX Protocol
3 3 (5.66%) AngularJS
3 3 (5.66%) Apache Camel
3 3 (5.66%) JMS
3 3 (5.66%) React
3 3 (5.66%) REST
3 3 (5.66%) SOAP
3 3 (5.66%) Spring
3 3 (5.66%) Spring Integration
3 3 (5.66%) Web Services
4 2 (3.77%) JSON
4 2 (3.77%) XML
5 1 (1.89%) FpML
Miscellaneous
1 8 (15.09%) Foreign Exchange (FX)
2 6 (11.32%) Analytical Skills
3 5 (9.43%) Derivative
4 4 (7.55%) Equities
4 4 (7.55%) Grid Computing
4 4 (7.55%) OTC Derivatives
5 3 (5.66%) Fixed Income
6 2 (3.77%) Self-Motivation
7 1 (1.89%) ASIC
7 1 (1.89%) Credit Derivative
7 1 (1.89%) Reference Data
7 1 (1.89%) Robotics
Operating Systems
1 3 (5.66%) Linux
2 1 (1.89%) Windows
Processes & Methodologies
1 15 (28.30%) Agile Software Development
2 12 (22.64%) Business Intelligence
2 12 (22.64%) Data Mapping
3 10 (18.87%) Stakeholder Management
4 7 (13.21%) Asset Management
4 7 (13.21%) Business Analysis
4 7 (13.21%) TDD
4 7 (13.21%) User Acceptance Testing
5 5 (9.43%) BDD
5 5 (9.43%) Functional Testing
5 5 (9.43%) Wealth Management
6 4 (7.55%) Cash Management
6 4 (7.55%) Data Analysis
6 4 (7.55%) Incident Management
6 4 (7.55%) Investment Management
6 4 (7.55%) Low Latency
6 4 (7.55%) OO
6 4 (7.55%) Project Management
6 4 (7.55%) Technical Leadership
7 3 (5.66%) OOD
Programming Languages
1 16 (30.19%) SQL
2 11 (20.75%) C#
3 10 (18.87%) T-SQL
3 10 (18.87%) VB.NET
4 7 (13.21%) Java
5 6 (11.32%) Python
6 4 (7.55%) Perl
6 4 (7.55%) Scala
7 3 (5.66%) Java 8
8 2 (3.77%) Bash Shell
9 1 (1.89%) C++
9 1 (1.89%) PL/SQL
9 1 (1.89%) PowerShell
Qualifications
1 3 (5.66%) Degree
2 1 (1.89%) ISEB
2 1 (1.89%) Master's Degree
2 1 (1.89%) PhD
2 1 (1.89%) PMP
2 1 (1.89%) Six Sigma Black Belt
2 1 (1.89%) Six Sigma Green Belt
Quality Assurance & Compliance
1 47 (88.68%) MiFID
2 28 (52.83%) Dodd-Frank
3 4 (7.55%) AIFMD
4 2 (3.77%) QA
4 2 (3.77%) Solvency II
5 1 (1.89%) FATCA
5 1 (1.89%) GDPR
System Software
1 1 (1.89%) HDFS
Vendors
1 5 (9.43%) Oracle
2 4 (7.55%) Tableau
3 3 (5.66%) MuleSoft
4 1 (1.89%) Microsoft
4 1 (1.89%) Murex
4 1 (1.89%) Temenos