Period
to 24 November 2017

The median contractor rate for a Financial Business Analyst was £450 per day in advertised job vacancies during the 6 months to 24 November 2017.

The first table below provides contractor rate benchmarking and summary statistics including a comparison to 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.

Business Analyst - Financial
UK
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 717 708 629
Rank change year-on-year -9 -79 +35
Contract jobs requiring a Financial Business Analyst 179 178 267
As % of all contract IT jobs advertised in the UK 0.17% 0.17% 0.23%
As % of the Job Titles category 0.18% 0.18% 0.25%
Number of daily rates quoted 145 128 242
UK median daily rate £450 £444 £436
Median daily rate % change year-on-year +1.41% +1.72% +2.65%
10th Percentile £313 £301 £313
90th Percentile £600 £604 £636
UK excluding London median daily rate £388 £425 £400
% change year-on-year -8.82% +6.25% +5.96%
Number of hourly rates quoted 1 0 0
UK median hourly rate £36.00 - -
UK excluding London median hourly rate £36.00 - -

The following table is for comparison with the above and includes summary statistics for all contract IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of contract jobs in our overall sample.

All Contract IT Job Vacancies
UK
Contract vacancies in the UK with a recognized job title 97695 99488 108685
% of contract IT jobs with a recognized job title 94.79% 94.75% 94.91%
Number of daily rates quoted 64489 64865 69136
UK median daily rate £450 £425 £400
Median daily rate % change year-on-year +5.88% +6.25% -
10th Percentile £260 £250 £250
90th Percentile £625 £600 £588
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% +3.45%
Number of hourly rates quoted 2905 3326 4142
UK median hourly rate £18.69 £18.00 £18.00
Median hourly rate % change year-on-year +3.81% - +9.09%
10th Percentile £10.93 £10.50 £10.50
90th Percentile £47.83 £47.45 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Financial Business Analyst
Job Vacancy Trend

Job postings that featured Financial Business Analyst in the job title as a percentage of all IT jobs advertised.

Job vacancy trend for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Financial Business Analyst over the 6 months to 24 November 2017.

Contractor daily rate histogram for Financial Business Analyst in the UK

Financial Business Analyst
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Financial Business Analyst.

Contractor hourly rate trend for Financial Business Analyst in the UK

Financial Business Analyst
Top 16 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Business Analyst within the UK over the 6 months to 24 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
England -16 162 £450 - 11
UK excluding London +52 98 £388 -8.82% 6
London -27 78 £520 +9.47% 6
South East +9 37 £450 +5.88% 1
North of England +72 32 £375 - 3
Yorkshire +44 24 £375 - 2
Scotland +12 12 £375 +13.64% 1
Midlands +25 10 £413 -5.71%
North West +27 6 £319 -1.92% 1
West Midlands +16 5 £413 -
East Midlands -3 4 £375 -16.67%
South West -7 3 £388 +31.91% 1
North East +62 2 £260 -36.97%
East of England -1 2 £308 -27.53%
Wales +11 1 £320 -26.86%
Isle of Man - 1 £425 -

Financial Business Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 24 November 2017, Financial Business Analyst contract jobs required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads featuring Financial Business Analyst in the job title.

1 179 (100.00%) Finance
2 54 (30.17%) Business Analysis
3 45 (25.14%) Agile Software Development
4 39 (21.79%) Banking
5 29 (16.20%) Stakeholder Management
6 25 (13.97%) Use Case
7 19 (10.61%) Scrum
8 17 (9.50%) Change Management
8 17 (9.50%) Degree
8 17 (9.50%) MiFID
8 17 (9.50%) GDPR
9 15 (8.38%) Requirements Analysis
9 15 (8.38%) Waterfall
9 15 (8.38%) Analytical Skills
10 14 (7.82%) User Stories
10 14 (7.82%) User Acceptance Testing
11 13 (7.26%) MS Visio
12 11 (6.15%) E-Commerce
12 11 (6.15%) UML
12 11 (6.15%) Project Management
12 11 (6.15%) Wireframes
13 10 (5.59%) Microsoft Excel
14 9 (5.03%) Derivative
15 8 (4.47%) Data Protection
15 8 (4.47%) Migration
15 8 (4.47%) Microsoft
16 7 (3.91%) Wealth Management
16 7 (3.91%) Target Operating Model
16 7 (3.91%) EMIR
16 7 (3.91%) Data Flow Diagram

Financial Business Analyst Skill Set
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 (2.23%) SharePoint
2 3 (1.68%) SAS
3 2 (1.12%) Confluence
3 2 (1.12%) SharePoint 2010
4 1 (0.56%) CMS
4 1 (0.56%) Sitecore CMS
Applications
1 13 (7.26%) MS Visio
2 10 (5.59%) Microsoft Excel
3 5 (2.79%) Microsoft Office
4 4 (2.23%) Microsoft PowerPoint
Business Applications
1 5 (2.79%) Temenos T24
2 3 (1.68%) Oracle EBS R12
2 3 (1.68%) Oracle Financials
2 3 (1.68%) Temenos Globus
3 2 (1.12%) CA PPM
3 2 (1.12%) VisionPLUS
4 1 (0.56%) CODA-Financials
4 1 (0.56%) Dynamics AX
4 1 (0.56%) Eagle PACE
4 1 (0.56%) Hyperion Planning
4 1 (0.56%) Oracle 11i
4 1 (0.56%) Oracle ERP
4 1 (0.56%) Oracle General Ledger
4 1 (0.56%) Oracle Payables
4 1 (0.56%) Oracle Procure-to-Pay
4 1 (0.56%) Oracle Receivables
4 1 (0.56%) Sonata
4 1 (0.56%) Summit
Cloud Services
1 2 (1.12%) Office 365
2 1 (0.56%) SaaS
Communications & Networking
1 2 (1.12%) Wi-Fi
2 1 (0.56%) Firewall
2 1 (0.56%) Wireless
Database & Business Intelligence
1 4 (2.23%) Blockchain
2 3 (1.68%) Data Warehouse
3 2 (1.12%) Big Data
3 2 (1.12%) PowerPivot
3 2 (1.12%) QlikView
4 1 (0.56%) BusinessObjects
4 1 (0.56%) Essbase
4 1 (0.56%) Oracle BI EE
4 1 (0.56%) Oracle Reports
Development Applications
1 5 (2.79%) JIRA
2 2 (1.12%) Visual Studio Team System
3 1 (0.56%) Balsamiq Mockups
3 1 (0.56%) YouTrack
General
1 179 (100.00%) Finance
2 39 (21.79%) Banking
3 5 (2.79%) Back Office
3 5 (2.79%) Front Office
3 5 (2.79%) Investment Banking
3 5 (2.79%) Marketing
4 4 (2.23%) Financial Institution
4 4 (2.23%) Retail Banking
5 3 (1.68%) Private Banking
5 3 (1.68%) Retail
6 2 (1.12%) International Banking
6 2 (1.12%) Legal
6 2 (1.12%) Manufacturing
7 1 (0.56%) Billing
7 1 (0.56%) Corporate Banking
7 1 (0.56%) Electronics
7 1 (0.56%) Japanese Language
7 1 (0.56%) Law
7 1 (0.56%) Telecoms
7 1 (0.56%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 4 (2.23%) XML
2 3 (1.68%) Oracle Fusion
3 1 (0.56%) Web Services
3 1 (0.56%) XML Schema
Miscellaneous
1 15 (8.38%) Analytical Skills
2 9 (5.03%) Derivative
3 6 (3.35%) User Experience
4 5 (2.79%) Foreign Exchange (FX)
5 4 (2.23%) Data Structures
5 4 (2.23%) Equities
5 4 (2.23%) Fintech
6 3 (1.68%) OTC Derivatives
7 1 (0.56%) Credit Risk
7 1 (0.56%) Data Centre
7 1 (0.56%) Data Protection Act
7 1 (0.56%) e-Learning
7 1 (0.56%) Fixed Income
7 1 (0.56%) Hybrid Cloud
7 1 (0.56%) Interest Rate Derivative
7 1 (0.56%) Market Risk
7 1 (0.56%) Mobile App
7 1 (0.56%) Swaptions
7 1 (0.56%) SWIFT
7 1 (0.56%) Virtual Team
Operating Systems
1 1 (0.56%) Windows
Processes & Methodologies
1 54 (30.17%) Business Analysis
2 45 (25.14%) Agile Software Development
3 29 (16.20%) Stakeholder Management
4 25 (13.97%) Use Case
5 19 (10.61%) Scrum
6 17 (9.50%) Change Management
7 15 (8.38%) Requirements Analysis
7 15 (8.38%) Waterfall
8 14 (7.82%) User Acceptance Testing
8 14 (7.82%) User Stories
9 11 (6.15%) E-Commerce
9 11 (6.15%) Project Management
9 11 (6.15%) UML
9 11 (6.15%) Wireframes
10 8 (4.47%) Data Protection
10 8 (4.47%) Migration
11 7 (3.91%) Client Onboarding
11 7 (3.91%) Data Flow Diagram
11 7 (3.91%) Target Operating Model
11 7 (3.91%) Wealth Management
Programming Languages
1 4 (2.23%) SQL
Qualifications
1 17 (9.50%) Degree
2 5 (2.79%) Security Cleared
3 4 (2.23%) ISEB
4 3 (1.68%) SC Cleared
5 1 (0.56%) ACCA
5 1 (0.56%) BPSS Clearance
5 1 (0.56%) CIMA
5 1 (0.56%) IIBA
5 1 (0.56%) PMP
5 1 (0.56%) PRINCE2 Certification
5 1 (0.56%) Six Sigma Green Belt
Quality Assurance & Compliance
1 17 (9.50%) GDPR
1 17 (9.50%) MiFID
2 7 (3.91%) EMIR
3 6 (3.35%) PMO
3 6 (3.35%) QA
4 2 (1.12%) FATCA
5 1 (0.56%) Data Quality
5 1 (0.56%) Disclosure Scotland
5 1 (0.56%) Dodd-Frank
5 1 (0.56%) FINREP
5 1 (0.56%) Government Security Classifications
5 1 (0.56%) PSD2
5 1 (0.56%) SLA
5 1 (0.56%) Solvency II
Systems Management
1 1 (0.56%) CA Single Sign-On
Vendors
1 8 (4.47%) Microsoft
2 5 (2.79%) Oracle
2 5 (2.79%) Temenos
3 3 (1.68%) Salesforce.com
3 3 (1.68%) SAP
4 2 (1.12%) HP
4 2 (1.12%) Microgen
4 2 (1.12%) Planview
4 2 (1.12%) SunGard
5 1 (0.56%) Alteryx
5 1 (0.56%) CA
5 1 (0.56%) Citrix
5 1 (0.56%) CODA
5 1 (0.56%) Hyperion
5 1 (0.56%) Informatica
5 1 (0.56%) JD Edwards
5 1 (0.56%) Murex
5 1 (0.56%) Sitecore
5 1 (0.56%) Tableau
5 1 (0.56%) Vermilion