Period
to 26 February 2020

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 26 February 2020 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
26 Feb 2020
Same period 2019 Same period 2018
Rank 698 852 726
Rank change year-on-year +154 -126 -55
Contract jobs citing EMIR 29 27 154
As % of all contract IT jobs advertised in the UK 0.043% 0.027% 0.15%
As % of the Quality Assurance & Compliance category 0.42% 0.25% 1.19%
Number of daily rates quoted 21 18 92
UK median daily rate £550 £575 £575
Median daily rate % change year-on-year -4.35% - -
10th Percentile £413 £356 £401
90th Percentile £675 £699 £813
UK excluding London median daily rate - £425 £475
% change year-on-year - -10.53% -17.39%
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 6,833 10,745 12,962
As % of all contract IT jobs advertised in the UK 10.05% 10.84% 12.86%
Number of daily rates quoted 4,175 6,734 8,451
UK median daily rate £450 £450 £440
Median daily rate % change year-on-year - +2.27% +3.53%
10th Percentile £215 £255 £256
90th Percentile £631 £644 £638
UK excluding London median daily rate £413 £425 £400
% change year-on-year -2.94% +6.25% -
Number of hourly rates quoted 302 384 350
UK median hourly rate £25.68 £21.32 £21.50
Median hourly rate % change year-on-year +20.48% -0.86% -
10th Percentile £13.01 £11.00 £11.64
90th Percentile £53.00 £48.75 £57.50
UK excluding London median hourly rate £25.05 £21.00 £23.42
% change year-on-year +19.27% -10.34% +6.59%

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 26 February 2020.

Contractor daily rate histogram for EMIR in the UK

EMIR
Top 2 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 26 February 2020. 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 +171 29 £550 -8.33% 2
London +148 29 £550 -8.33% 2

For the 6 months to 26 February 2020, 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 19 (65.52%) MiFID
2 14 (48.28%) Finance
3 12 (41.38%) Banking
4 8 (27.59%) Dodd-Frank
5 7 (24.14%) Derivative
6 6 (20.69%) SQL
6 6 (20.69%) User Acceptance Testing
7 5 (17.24%) Analytical Skills
7 5 (17.24%) Investment Management
7 5 (17.24%) AngularJS
7 5 (17.24%) COBIT
7 5 (17.24%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 5 (17.24%) OTC Derivatives
7 5 (17.24%) Problem-Solving
7 5 (17.24%) NIST
7 5 (17.24%) ITIL
7 5 (17.24%) Python
7 5 (17.24%) CISSP
7 5 (17.24%) Basel II
7 5 (17.24%) CISA
7 5 (17.24%) CISM
7 5 (17.24%) Front Office
7 5 (17.24%) Risk Management
7 5 (17.24%) Business Analysis
7 5 (17.24%) ISO/IEC 27001
7 5 (17.24%) Equities
7 5 (17.24%) Information Security
8 4 (13.79%) Fixed Income
8 4 (13.79%) Information Management
8 4 (13.79%) Investment Banking

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 1 (3.45%) Apache
1 1 (3.45%) Apache Spark
1 1 (3.45%) Elasticsearch
Database & Business Intelligence
1 3 (10.34%) SQL Server
2 1 (3.45%) Relational Database
Development Applications
1 2 (6.90%) JIRA
1 2 (6.90%) TeamCity
2 1 (3.45%) SpecFlow
2 1 (3.45%) Visual Studio
General
1 14 (48.28%) Finance
2 12 (41.38%) Banking
3 5 (17.24%) Front Office
4 4 (13.79%) Investment Banking
5 2 (6.90%) Back Office
5 2 (6.90%) French Language
5 2 (6.90%) Legal
6 1 (3.45%) Advertising
6 1 (3.45%) German Language
6 1 (3.45%) Private Banking
Job Titles
1 13 (44.83%) Analyst
2 12 (41.38%) Business Analyst
3 5 (17.24%) Developer
3 5 (17.24%) Information Officer
3 5 (17.24%) Information Security Officer
3 5 (17.24%) Python Developer
3 5 (17.24%) Security Officer
4 4 (13.79%) Regulatory Business Analyst
4 4 (13.79%) Report Analyst
5 2 (6.90%) Derivatives Business Analyst
5 2 (6.90%) OTC Derivatives Analyst
5 2 (6.90%) OTC Derivatives Business Analyst
5 2 (6.90%) Project Manager
5 2 (6.90%) Senior Analyst
5 2 (6.90%) Senior Business Analyst
6 1 (3.45%) Fixed Income Business Analyst
6 1 (3.45%) IT Manager
6 1 (3.45%) MiFID Business Analyst
6 1 (3.45%) Report Specialist
6 1 (3.45%) Scrum Master
Libraries, Frameworks & Software Standards
1 5 (17.24%) AngularJS
2 3 (10.34%) Kafka
3 2 (6.90%) FIX Protocol
3 2 (6.90%) React
3 2 (6.90%) XML
4 1 (3.45%) .NET
4 1 (3.45%) ASP.NET
4 1 (3.45%) FpML
4 1 (3.45%) REST
4 1 (3.45%) Velocity
4 1 (3.45%) WCF
4 1 (3.45%) WPF
Miscellaneous
1 7 (24.14%) Derivative
2 5 (17.24%) Analytical Skills
2 5 (17.24%) Equities
2 5 (17.24%) OTC Derivatives
3 4 (13.79%) Fixed Income
3 4 (13.79%) Greenfield Project
3 4 (13.79%) Hedge funds
4 3 (10.34%) Foreign Exchange (FX)
5 2 (6.90%) DTCC
6 1 (3.45%) Client/Server
6 1 (3.45%) Management Information System
6 1 (3.45%) Reference Data
6 1 (3.45%) Self-Motivation
6 1 (3.45%) SWIFT
Processes & Methodologies
1 6 (20.69%) User Acceptance Testing
2 5 (17.24%) Business Analysis
2 5 (17.24%) Information Security
2 5 (17.24%) Investment Management
2 5 (17.24%) ITIL
2 5 (17.24%) Problem-Solving
2 5 (17.24%) Risk Management
3 4 (13.79%) Change Management
3 4 (13.79%) Economics
3 4 (13.79%) Information Management
3 4 (13.79%) Microservices
4 3 (10.34%) Data Management
4 3 (10.34%) Functional Testing
5 2 (6.90%) Agile Software Development
5 2 (6.90%) Asset Management
5 2 (6.90%) Business Process Analysis
5 2 (6.90%) Project Management
5 2 (6.90%) Regtech
5 2 (6.90%) TDD
6 1 (3.45%) Collaborative Working
Programming Languages
1 6 (20.69%) SQL
2 5 (17.24%) Python
3 2 (6.90%) C#
4 1 (3.45%) C++
Qualifications
1 5 (17.24%) CISA
1 5 (17.24%) CISM
1 5 (17.24%) CISSP
2 2 (6.90%) Degree
3 1 (3.45%) PMI Certification
3 1 (3.45%) PMP
Quality Assurance & Compliance
1 19 (65.52%) MiFID
2 8 (27.59%) Dodd-Frank
3 5 (17.24%) Basel II
3 5 (17.24%) COBIT
3 5 (17.24%) ISO/IEC 27001
3 5 (17.24%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
3 5 (17.24%) NIST
4 3 (10.34%) QA
5 2 (6.90%) AIFMD
5 2 (6.90%) UCITS
Vendors
1 2 (6.90%) Bloomberg
2 1 (3.45%) Charles River
2 1 (3.45%) DevExpress
2 1 (3.45%) IBM
2 1 (3.45%) Reuters
2 1 (3.45%) SimCorp
2 1 (3.45%) Tableau