Period
to 21 November 2017

The median contractor rate for a Financial Services Business Analyst was £450 per day in advertised job vacancies during the 6 months to 21 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 Services
UK
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 764 767 716
Rank change year-on-year +3 -51 +32
Contract jobs requiring a Financial Services Business Analyst 113 114 172
As % of all contract IT jobs advertised in the UK 0.11% 0.11% 0.15%
As % of the Job Titles category 0.12% 0.11% 0.16%
Number of daily rates quoted 100 79 156
UK median daily rate £450 £435 £430
Median daily rate % change year-on-year +3.45% +1.16% +1.18%
10th Percentile £312 £288 £300
90th Percentile £575 £570 £625
UK excluding London median daily rate £380 £425 £400
% change year-on-year -10.59% +6.25% +5.26%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London median hourly rate - - -

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 97749 99240 107788
% of contract IT jobs with a recognized job title 94.79% 94.76% 94.90%
Number of daily rates quoted 64477 64699 68564
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 2920 3284 4118
UK median hourly rate £18.69 £18.03 £18.00
Median hourly rate % change year-on-year +3.66% +0.17% +9.09%
10th Percentile £10.96 £10.50 £10.50
90th Percentile £47.83 £47.50 £45.00
UK excluding London median hourly rate £17.50 £17.50 £17.50

Financial Services Business Analyst
Job Vacancy Trend

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

Job vacancy trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Daily Rate Trend

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

Contractor daily rate trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Financial Services Business Analyst over the 6 months to 21 November 2017.

Contractor daily rate histogram for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Financial Services Business Analyst in the UK

Financial Services Business Analyst
Top 14 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Services Business Analyst within the UK over the 6 months to 21 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 +5 98 £450 +3.45% 6
UK excluding London +26 65 £380 -10.59%
London -28 47 £538 +16.85% 6
North of England +67 24 £375 -6.25%
Yorkshire - 22 £375 -
South East -1 21 £450 +5.88%
Scotland +2 11 £375 +13.64%
Midlands +12 5 £450 +1.41%
West Midlands +18 3 £420 -1.18%
North West +17 2 £319 -1.92%
Wales +12 2 £348 -20.57%
East Midlands -4 1 £450 +1.41%
East of England -6 1 £308 -27.53%
Isle of Man - 1 £425 -

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

For the 6 months to 21 November 2017, Financial Services 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 Services Business Analyst in the job title.

1 113 (100.00%) Finance
2 43 (38.05%) Business Analysis
3 29 (25.66%) Banking
4 22 (19.47%) Agile Software Development
5 21 (18.58%) Stakeholder Management
6 16 (14.16%) Change Management
7 14 (12.39%) Analytical Skills
8 12 (10.62%) GDPR
8 12 (10.62%) MiFID
8 12 (10.62%) Use Case
9 11 (9.73%) User Stories
10 9 (7.96%) Waterfall
10 9 (7.96%) Project Management
10 9 (7.96%) MS Visio
11 8 (7.08%) User Acceptance Testing
12 7 (6.19%) Data Protection
12 7 (6.19%) Regulatory Compliance
12 7 (6.19%) Client Onboarding
12 7 (6.19%) Data Flow Diagram
13 6 (5.31%) PMO
13 6 (5.31%) Change Control
13 6 (5.31%) Investment Management
13 6 (5.31%) Derivative
13 6 (5.31%) Microsoft Excel
13 6 (5.31%) Microsoft
13 6 (5.31%) Scrum
13 6 (5.31%) Workflow
14 5 (4.42%) Migration
14 5 (4.42%) GAP Analysis
14 5 (4.42%) Temenos

Financial Services 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 2 (1.77%) Confluence
1 2 (1.77%) SAS
1 2 (1.77%) SharePoint
1 2 (1.77%) SharePoint 2010
2 1 (0.88%) CMS
2 1 (0.88%) Sitecore CMS
Applications
1 9 (7.96%) MS Visio
2 6 (5.31%) Microsoft Excel
3 4 (3.54%) Microsoft Office
4 3 (2.65%) Microsoft PowerPoint
Business Applications
1 5 (4.42%) Temenos T24
2 3 (2.65%) Temenos Globus
3 2 (1.77%) CA PPM
3 2 (1.77%) VisionPLUS
4 1 (0.88%) Eagle PACE
Cloud Services
1 2 (1.77%) Office 365
Database & Business Intelligence
1 3 (2.65%) Blockchain
1 3 (2.65%) Data Warehouse
2 2 (1.77%) PowerPivot
2 2 (1.77%) QlikView
3 1 (0.88%) BusinessObjects
Development Applications
1 2 (1.77%) JIRA
General
1 113 (100.00%) Finance
2 29 (25.66%) Banking
3 4 (3.54%) Front Office
3 4 (3.54%) Investment Banking
4 3 (2.65%) Back Office
4 3 (2.65%) Marketing
4 3 (2.65%) Private Banking
4 3 (2.65%) Retail Banking
5 2 (1.77%) International Banking
5 2 (1.77%) Retail
6 1 (0.88%) Corporate Banking
6 1 (0.88%) Electronics
6 1 (0.88%) Financial Institution
6 1 (0.88%) Japanese Language
6 1 (0.88%) Legal
6 1 (0.88%) Manufacturing
6 1 (0.88%) Telecoms
6 1 (0.88%) Wholesale Banking
Libraries, Frameworks & Software Standards
1 3 (2.65%) XML
Miscellaneous
1 14 (12.39%) Analytical Skills
2 6 (5.31%) Derivative
3 5 (4.42%) Foreign Exchange (FX)
4 4 (3.54%) Equities
4 4 (3.54%) User Experience
5 3 (2.65%) Data Structures
6 2 (1.77%) Fintech
6 2 (1.77%) OTC Derivatives
7 1 (0.88%) Credit Risk
7 1 (0.88%) Data Centre
7 1 (0.88%) Equity Derivative
7 1 (0.88%) Fixed Income
7 1 (0.88%) Hybrid Cloud
7 1 (0.88%) Interest Rate Derivative
7 1 (0.88%) Market Risk
7 1 (0.88%) Swaptions
7 1 (0.88%) Virtual Team
Operating Systems
1 1 (0.88%) Windows
Processes & Methodologies
1 43 (38.05%) Business Analysis
2 22 (19.47%) Agile Software Development
3 21 (18.58%) Stakeholder Management
4 16 (14.16%) Change Management
5 12 (10.62%) Use Case
6 11 (9.73%) User Stories
7 9 (7.96%) Project Management
7 9 (7.96%) Waterfall
8 8 (7.08%) User Acceptance Testing
9 7 (6.19%) Client Onboarding
9 7 (6.19%) Data Flow Diagram
9 7 (6.19%) Data Protection
9 7 (6.19%) Regulatory Compliance
10 6 (5.31%) Change Control
10 6 (5.31%) Investment Management
10 6 (5.31%) Scrum
10 6 (5.31%) Workflow
11 5 (4.42%) BPMN
11 5 (4.42%) GAP Analysis
11 5 (4.42%) Migration
Programming Languages
1 4 (3.54%) SQL
Qualifications
1 5 (4.42%) Degree
2 4 (3.54%) ISEB
3 1 (0.88%) IIBA
3 1 (0.88%) PMP
3 1 (0.88%) PRINCE2 Certification
Quality Assurance & Compliance
1 12 (10.62%) GDPR
1 12 (10.62%) MiFID
2 6 (5.31%) PMO
3 5 (4.42%) EMIR
3 5 (4.42%) QA
4 2 (1.77%) FATCA
5 1 (0.88%) Data Quality
5 1 (0.88%) PSD2
Vendors
1 6 (5.31%) Microsoft
2 5 (4.42%) Temenos
3 2 (1.77%) HP
3 2 (1.77%) Microgen
3 2 (1.77%) Planview
3 2 (1.77%) Salesforce.com
4 1 (0.88%) Alteryx
4 1 (0.88%) Informatica
4 1 (0.88%) SAP
4 1 (0.88%) Sitecore
4 1 (0.88%) Vermilion