Period
to 19 May 2019

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 19 May 2019 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
19 May 2019
Same period 2018 Same period 2017
Rank 818 803 628
Rank change year-on-year -15 -175 +133
Contract jobs citing EMIR 22 106 195
As % of all contract IT jobs advertised in the UK 0.024% 0.10% 0.21%
As % of the Quality Assurance & Compliance category 0.23% 0.86% 1.85%
Number of daily rates quoted 18 67 147
UK median daily rate £520 £550 £575
Median daily rate % change year-on-year -5.45% -4.35% -
10th Percentile £295 £363 £420
90th Percentile £666 £763 £688
UK excluding London median daily rate £540 £388 £488
% change year-on-year +39.35% -20.51% +41.30%
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 9,383 12,353 10,531
As % of all contract IT jobs advertised in the UK 10.31% 12.16% 11.60%
Number of daily rates quoted 5,736 7,953 6,841
UK median daily rate £450 £450 £430
Median daily rate % change year-on-year - +4.65% +7.50%
10th Percentile £250 £255 £238
90th Percentile £638 £638 £625
UK excluding London median daily rate £425 £400 £395
% change year-on-year +6.25% +1.27% +5.33%
Number of hourly rates quoted 366 371 357
UK median hourly rate £22.00 £22.50 £22.50
Median hourly rate % change year-on-year -2.22% - -4.72%
10th Percentile £10.75 £11.75 £11.00
90th Percentile £51.63 £57.50 £53.00
UK excluding London median hourly rate £22.36 £22.50 £22.50
% change year-on-year -0.64% - -11.76%

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 19 May 2019.

Contractor daily rate histogram for EMIR in the UK

EMIR
Top 6 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 19 May 2019. 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 -25 21 £540 -1.82% 3
London -30 17 £500 -9.09% 1
UK excluding London +10 5 £540 +39.35% 2
North West +21 4 £545 +67.69%
North of England +16 4 £545 +67.69%
Northern Ireland - 1 £190 -

For the 6 months to 19 May 2019, 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 18 (81.82%) MiFID
2 14 (63.64%) Finance
3 13 (59.09%) Banking
4 9 (40.91%) Business Analysis
5 7 (31.82%) Problem-Solving
5 7 (31.82%) Agile Software Development
6 6 (27.27%) Investment Banking
6 6 (27.27%) Dodd-Frank
7 5 (22.73%) AIFMD
7 5 (22.73%) Asset Management
7 5 (22.73%) SQL
8 4 (18.18%) GAP Analysis
8 4 (18.18%) Stakeholder Management
8 4 (18.18%) Equities
8 4 (18.18%) Data Analysis
8 4 (18.18%) UCITS
8 4 (18.18%) Programme Delivery
8 4 (18.18%) QA
9 3 (13.64%) Fund Management
9 3 (13.64%) Investment Management
9 3 (13.64%) Git (software)
9 3 (13.64%) Basel III
9 3 (13.64%) Scaled Agile Framework
9 3 (13.64%) GoldenSource
9 3 (13.64%) Derivative
9 3 (13.64%) Fixed Income
9 3 (13.64%) Change Management
9 3 (13.64%) Financial Institution
9 3 (13.64%) Migration
9 3 (13.64%) Java

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:

Applications
1 2 (9.09%) Microsoft Office
Cloud Services
1 1 (4.55%) Office 365
Database & Business Intelligence
1 2 (9.09%) Data Warehouse
2 1 (4.55%) BusinessObjects
2 1 (4.55%) BusinessObjects Business Intelligence
2 1 (4.55%) RDBMS
2 1 (4.55%) Relational Database
2 1 (4.55%) SQL Server
2 1 (4.55%) SQL Server Reporting Services
Development Applications
1 3 (13.64%) Git (software)
2 2 (9.09%) Cucumber
2 2 (9.09%) Jenkins
2 2 (9.09%) Maven
3 1 (4.55%) Hudson
3 1 (4.55%) JIRA
3 1 (4.55%) JUnit
3 1 (4.55%) Subversion
3 1 (4.55%) TeamCity
General
1 14 (63.64%) Finance
2 13 (59.09%) Banking
3 6 (27.27%) Investment Banking
4 3 (13.64%) Financial Institution
5 1 (4.55%) Back Office
5 1 (4.55%) Front Office
5 1 (4.55%) Legal
Job Titles
1 14 (63.64%) Analyst
2 13 (59.09%) Business Analyst
3 9 (40.91%) Regulatory Business Analyst
4 5 (22.73%) Report Analyst
5 3 (13.64%) Developer
5 3 (13.64%) Java Developer
5 3 (13.64%) Project Manager
6 2 (9.09%) Asset Management Analyst
6 2 (9.09%) Asset Management Business Analyst
6 2 (9.09%) Master Data Analyst
6 2 (9.09%) MiFID Business Analyst
7 1 (4.55%) Derivatives Business Analyst
7 1 (4.55%) Front Office Business Analyst
7 1 (4.55%) HR Manager
7 1 (4.55%) Java Engineer
7 1 (4.55%) OTC Derivatives Analyst
7 1 (4.55%) OTC Derivatives Business Analyst
7 1 (4.55%) PL/SQL Programmer
7 1 (4.55%) Regulatory Reporting Business Analyst
7 1 (4.55%) SQL Programmer
Libraries, Frameworks & Software Standards
1 1 (4.55%) AngularJS
1 1 (4.55%) Apache Camel
1 1 (4.55%) JMS
1 1 (4.55%) REST
1 1 (4.55%) SOAP
1 1 (4.55%) Spring
1 1 (4.55%) Spring Integration
1 1 (4.55%) Twitter Bootstrap
1 1 (4.55%) Web Services
Miscellaneous
1 4 (18.18%) Equities
2 3 (13.64%) ASIC
2 3 (13.64%) Derivative
2 3 (13.64%) Fixed Income
3 2 (9.09%) Analytical Skills
3 2 (9.09%) OTC Derivatives
3 2 (9.09%) Tandem
4 1 (4.55%) Credit Derivative
4 1 (4.55%) Foreign Exchange (FX)
4 1 (4.55%) Interest Rate Derivative
4 1 (4.55%) Reference Data
4 1 (4.55%) Swaptions
4 1 (4.55%) SWIFT
Operating Systems
1 1 (4.55%) Unix
Processes & Methodologies
1 9 (40.91%) Business Analysis
2 7 (31.82%) Agile Software Development
2 7 (31.82%) Problem-Solving
3 5 (22.73%) Asset Management
4 4 (18.18%) Data Analysis
4 4 (18.18%) GAP Analysis
4 4 (18.18%) Programme Delivery
4 4 (18.18%) Stakeholder Management
5 3 (13.64%) Change Management
5 3 (13.64%) Fund Management
5 3 (13.64%) Investment Management
5 3 (13.64%) Migration
5 3 (13.64%) Project Management
5 3 (13.64%) Scaled Agile Framework
6 2 (9.09%) Risk Management
6 2 (9.09%) TDD
7 1 (4.55%) Integration Testing
7 1 (4.55%) Multithreading
7 1 (4.55%) Programme Management
7 1 (4.55%) Use Case
Programming Languages
1 5 (22.73%) SQL
2 3 (13.64%) Java
3 2 (9.09%) Java 8
4 1 (4.55%) JavaScript
4 1 (4.55%) PL/SQL
Qualifications
1 1 (4.55%) Degree
Quality Assurance & Compliance
1 18 (81.82%) MiFID
2 6 (27.27%) Dodd-Frank
3 5 (22.73%) AIFMD
4 4 (18.18%) QA
4 4 (18.18%) UCITS
5 3 (13.64%) Basel III
6 2 (9.09%) FATCA
7 1 (4.55%) PMO
7 1 (4.55%) SEPA
7 1 (4.55%) SLA
Vendors
1 3 (13.64%) GoldenSource
1 3 (13.64%) Oracle
2 2 (9.09%) Microsoft
3 1 (4.55%) Bloomberg
3 1 (4.55%) Calypso
3 1 (4.55%) Cognos
3 1 (4.55%) Fidessa
3 1 (4.55%) MuleSoft
3 1 (4.55%) Murex
3 1 (4.55%) Tradeweb