European Market Infrastructure Regulation (EMIR)
UK

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 27 April 2024 with a comparison to the same period in the previous 2 years.

6 months to
27 Apr 2024
Same period 2023 Same period 2022
Rank 541 672 778
Rank change year-on-year +131 +106 -115
Contract jobs citing EMIR 57 47 71
As % of all contract jobs advertised in the UK 0.13% 0.079% 0.080%
As % of the Quality Assurance & Compliance category 0.92% 0.59% 0.60%
Number of daily rates quoted 50 37 64
10th Percentile £400 £625 £552
25th Percentile £497 £638 £631
Median daily rate (50th Percentile) £700 £750 £700
Median % change year-on-year -6.67% +7.14% +7.69%
75th Percentile £784 £756 £775
90th Percentile £800 £791 £800
UK excluding London median daily rate £475 - £310
Number of hourly rates quoted 0 1 0
Median hourly rate - £47.73 -
UK excluding London median hourly rate - £47.73 -

All Quality Assurance and Compliance Skills
UK

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.

Contract vacancies with a requirement for quality assurance or compliance skills 6,212 7,992 11,762
As % of all contract IT jobs advertised in the UK 14.35% 13.36% 13.24%
Number of daily rates quoted 3,921 5,491 8,030
10th Percentile £297 £275 £292
25th Percentile £405 £410 £403
Median daily rate (50th Percentile) £510 £525 £513
Median % change year-on-year -2.86% +2.44% +7.89%
75th Percentile £625 £638 £619
90th Percentile £750 £738 £706
UK excluding London median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% +5.88%
Number of hourly rates quoted 381 225 302
10th Percentile £10.95 £13.16 £11.75
25th Percentile £13.18 £18.50 £17.06
Median hourly rate £20.61 £37.50 £28.50
Median % change year-on-year -45.05% +31.58% +35.71%
75th Percentile £45.00 £62.00 £49.25
90th Percentile £67.38 £77.50 £67.32
UK excluding London median hourly rate £18.00 £35.00 £21.05
% change year-on-year -48.57% +66.27% +0.24%

EMIR
Job Vacancy Trend

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

Job vacancy trend for EMIR in the UK

EMIR
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing EMIR.

Daily rate trend for EMIR in the UK

EMIR
Daily Rate Histogram

Daily rate distribution for jobs citing EMIR over the 6 months to 27 April 2024.

Daily rate histogram for EMIR in the UK

EMIR
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing EMIR.

Hourly rate trend 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 27 April 2024. 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
Jobs
England +137 55 £700 -6.67% 18
London +109 54 £700 -6.67% 17
Work from Home +150 26 £638 -5.56% 3
UK excluding London +65 1 £475 - 1
North of England - 1 £475 -
North West - 1 £475 -

EMIR
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 7 (12.28%) Confluence
Applications
1 9 (15.79%) Microsoft Excel
2 7 (12.28%) Microsoft PowerPoint
2 7 (12.28%) MS Visio
Business Applications
1 6 (10.53%) ION MarketView
2 1 (1.75%) Bloomberg AIM
Cloud Services
1 1 (1.75%) Cloud Computing
Communications & Networking
1 8 (14.04%) FIX Connectivity
Database & Business Intelligence
1 5 (8.77%) SQL Server
2 1 (1.75%) Big Data
2 1 (1.75%) Hadoop
2 1 (1.75%) PostgreSQL
2 1 (1.75%) RDBMS
2 1 (1.75%) Relational Database
Development Applications
1 10 (17.54%) JIRA
2 7 (12.28%) TeamCity
General
1 33 (57.89%) Banking
2 20 (35.09%) Finance
3 15 (26.32%) Investment Banking
4 14 (24.56%) Analytical Skills
4 14 (24.56%) Social Skills
5 13 (22.81%) Front Office
6 3 (5.26%) Prime Brokerage
7 2 (3.51%) Back Office
7 2 (3.51%) Synthetic Prime Brokerage
Job Titles
1 35 (61.40%) Business Analyst
2 22 (38.60%) Analyst
3 17 (29.82%) Regulatory Business Analyst
4 11 (19.30%) Investment Banking Business Analyst
5 8 (14.04%) Electronic Trading Business Analyst
6 7 (12.28%) Front Office Business Analyst
7 6 (10.53%) FIX Business Analyst
8 5 (8.77%) Developer
8 5 (8.77%) Regulatory Reporting Business Analyst
8 5 (8.77%) Report Analyst
8 5 (8.77%) Report Developer
9 4 (7.02%) .NET Developer
9 4 (7.02%) Banking Analyst
9 4 (7.02%) Finance Business Analyst
9 4 (7.02%) Financial Analyst
9 4 (7.02%) Payments Analyst
9 4 (7.02%) Payments Business Analyst
9 4 (7.02%) Project Manager
10 3 (5.26%) IT Manager
10 3 (5.26%) IT Project Manager
Libraries, Frameworks & Software Standards
1 9 (15.79%) XML
2 8 (14.04%) FIX Protocol
3 4 (7.02%) .NET
4 3 (5.26%) ASP.NET
5 1 (1.75%) .NET Framework
5 1 (1.75%) Entity Framework
5 1 (1.75%) FpML
Miscellaneous
1 14 (24.56%) Derivative
2 8 (14.04%) Fixed Income
3 4 (7.02%) Equities
3 4 (7.02%) Foreign Exchange (FX)
3 4 (7.02%) SWIFT Messaging Network
4 3 (5.26%) ASIC
5 2 (3.51%) Analytical Mindset
6 1 (1.75%) DTCC
6 1 (1.75%) EFT
6 1 (1.75%) Equity Derivative
6 1 (1.75%) Hedge funds
6 1 (1.75%) Legacy Systems
6 1 (1.75%) Management Information System
6 1 (1.75%) OTC Derivatives
6 1 (1.75%) Synthetic Equity
Operating Systems
1 7 (12.28%) Unix
Processes & Methodologies
1 12 (21.05%) Stakeholder Management
2 9 (15.79%) Data Modelling
3 8 (14.04%) Electronic Trading
3 8 (14.04%) Risk Management
3 8 (14.04%) User Acceptance Testing
4 7 (12.28%) SDLC
4 7 (12.28%) UML
5 6 (10.53%) Business Analysis
5 6 (10.53%) Project Management
5 6 (10.53%) Regulatory Change
6 4 (7.02%) Data Analysis
6 4 (7.02%) System Integration Testing
6 4 (7.02%) Waterfall
7 3 (5.26%) Agile
7 3 (5.26%) Data Mapping
7 3 (5.26%) Problem-Solving
7 3 (5.26%) Regulatory Compliance
7 3 (5.26%) Root Cause Analysis
7 3 (5.26%) Workshop Facilitation
8 2 (3.51%) Backlog Management
Programming Languages
1 24 (42.11%) SQL
2 4 (7.02%) C#
3 3 (5.26%) PL/SQL
4 1 (1.75%) Perl
4 1 (1.75%) Python
Qualifications
1 7 (12.28%) Degree
Quality Assurance & Compliance
1 46 (80.70%) MiFID
2 26 (45.61%) Dodd-Frank
3 7 (12.28%) QA
4 4 (7.02%) SEPA
5 3 (5.26%) Data Quality
5 3 (5.26%) PMO
6 2 (3.51%) FATCA
Vendors
1 13 (22.81%) Bloomberg
2 8 (14.04%) ION Trading
2 8 (14.04%) MarketAxess
2 8 (14.04%) Tradeweb
3 4 (7.02%) Oracle
4 2 (3.51%) Refinitiv
4 2 (3.51%) Reuters
5 1 (1.75%) Charles River
5 1 (1.75%) Progress
5 1 (1.75%) Sybase