Period
to 23 October 2018

The following table provides summary statistics for permanent job vacancies advertised in London with a requirement for MiFID skills. Included is a benchmarking guide to the salaries offered in vacancies that have cited MiFID over the 6 months to 23 October 2018 with a comparison to the same period in the previous 2 years.

Markets in Financial Instruments Directive (MiFID)
England > London
6 months to
23 Oct 2018
Same period 2017 Same period 2016
Rank 613 488 531
Rank change year-on-year -125 +43 +107
Permanent jobs citing MiFID 208 401 347
As % of all permanent IT jobs advertised in London 0.31% 0.54% 0.45%
As % of the Quality Assurance & Compliance category 2.43% 3.99% 3.47%
Number of salaries quoted 149 226 280
London median annual salary £85,000 £75,000 £72,500
Median salary % change year-on-year +13.33% +3.45% -
10th Percentile £50,000 £52,500 £53,750
90th Percentile £120,000 £95,000 £105,000
England median annual salary £84,500 £75,000 £72,500
% change year-on-year +12.67% +3.45% -

MiFID is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all permanent job vacancies advertised in London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Permanent vacancies with a requirement for quality assurance or compliance skills 8,576 10,055 10,013
As % of all permanent IT jobs advertised in London 12.60% 13.47% 13.12%
Number of salaries quoted 6,722 7,146 8,247
London median annual salary £60,000 £60,000 £57,500
Median salary % change year-on-year - +4.35% +4.55%
10th Percentile £33,750 £34,206 £32,500
90th Percentile £90,000 £85,000 £85,000
England median annual salary £50,000 £50,000 £50,000

MiFID
Job Vacancy Trend in London

Job postings citing MiFID as a percentage of all IT jobs advertised in London.

Job vacancy trend for MiFID in London

MiFID
Salary Trend in London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing MiFID in London.

Salary trend for MiFID in London

MiFID
Salary Histogram in London

The salary distribution of IT jobs citing MiFID in London over the 6 months to 23 October 2018.

Salary histogram for MiFID in London

MiFID
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing MiFID within the London region over the 6 months to 23 October 2018. 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -15 95 £85,000 +21.43% 11
West London +33 5 £36,000 - 2
MiFID
England

For the 6 months to 23 October 2018, IT jobs citing MiFID also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads across the London region with a requirement for MiFID.

1 169 (81.25%) Finance
2 77 (37.02%) Banking
3 65 (31.25%) Problem-Solving
4 63 (30.29%) Equities
5 57 (27.40%) Derivative
6 56 (26.92%) C#
7 55 (26.44%) Foreign Exchange (FX)
7 55 (26.44%) Investment Banking
8 52 (25.00%) Degree
8 52 (25.00%) Fixed Income
9 50 (24.04%) Front Office
10 48 (23.08%) Java
10 48 (23.08%) EMIR
11 43 (20.67%) Back Office
12 38 (18.27%) SQL
13 36 (17.31%) Risk Management
14 35 (16.83%) Agile Software Development
15 34 (16.35%) .NET
15 34 (16.35%) Analytical Skills
16 32 (15.38%) Linux
16 32 (15.38%) Investment Management
17 31 (14.90%) Legal
17 31 (14.90%) GDPR
18 30 (14.42%) Windows
19 29 (13.94%) GAP Analysis
20 28 (13.46%) Elastic Stack
21 26 (12.50%) Asset Management
22 25 (12.02%) Dodd-Frank
23 24 (11.54%) Virtual Team
23 24 (11.54%) CISM

MiFID
Co-occurring IT Skills in London 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 15 (7.21%) Apache Spark
2 13 (6.25%) IIS
3 4 (1.92%) Elasticsearch
4 2 (0.96%) Apache
4 2 (0.96%) WebSphere
Applications
1 11 (5.29%) Microsoft Excel
2 2 (0.96%) Microsoft PowerPoint
2 2 (0.96%) MS Visio
3 1 (0.48%) Microsoft Office
3 1 (0.48%) Microsoft Project
Business Applications
1 9 (4.33%) SunGard GMI
2 2 (0.96%) Markit EDM
2 2 (0.96%) Misys Midas
3 1 (0.48%) Bloomberg AIM
3 1 (0.48%) LatentZero
3 1 (0.48%) thinkFolio
Cloud Services
1 11 (5.29%) Amazon AWS
2 4 (1.92%) Amazon EMR
2 4 (1.92%) Amazon S3
2 4 (1.92%) AWS Data Pipeline
2 4 (1.92%) AWS Lambda
3 3 (1.44%) Google Cloud Platform
4 2 (0.96%) Microsoft Azure
4 2 (0.96%) SaaS
Communications & Networking
1 22 (10.58%) Firewall
1 22 (10.58%) TCP/IP
2 5 (2.40%) HTTP
3 1 (0.48%) Internet
Database & Business Intelligence
1 23 (11.06%) Big Data
1 23 (11.06%) SQL Server
2 18 (8.65%) Hadoop
3 17 (8.17%) SQL Server Reporting Services
4 13 (6.25%) SQL Server Integration Services
5 11 (5.29%) HBase
6 8 (3.85%) Data Warehouse
7 7 (3.37%) MongoDB
7 7 (3.37%) NoSQL
8 6 (2.88%) Blockchain
9 5 (2.40%) Relational Database
10 4 (1.92%) Amazon DynamoDB
10 4 (1.92%) Amazon Redshift
10 4 (1.92%) Apache Cassandra
10 4 (1.92%) Apache Hive
10 4 (1.92%) Apache Zeppelin
10 4 (1.92%) DataStax
10 4 (1.92%) OLAP
10 4 (1.92%) Spark SQL
11 3 (1.44%) Star Schema
Development Applications
1 19 (9.13%) TeamCity
2 15 (7.21%) Octopus Deploy
3 12 (5.77%) JIRA
4 8 (3.85%) Selenium
4 8 (3.85%) Visual Studio
5 4 (1.92%) Team Foundation Server
6 3 (1.44%) Jenkins
6 3 (1.44%) Maven
6 3 (1.44%) Sonatype Nexus
6 3 (1.44%) Subversion
7 1 (0.48%) CppUnit
7 1 (0.48%) Cucumber
7 1 (0.48%) Git (software)
7 1 (0.48%) Gradle
7 1 (0.48%) Hamcrest
7 1 (0.48%) JUnit
7 1 (0.48%) RSpec
7 1 (0.48%) TestNG
General
1 169 (81.25%) Finance
2 77 (37.02%) Banking
3 55 (26.44%) Investment Banking
4 50 (24.04%) Front Office
5 43 (20.67%) Back Office
6 31 (14.90%) Legal
7 13 (6.25%) Financial Institution
8 12 (5.77%) Advertising
9 5 (2.40%) Publishing
9 5 (2.40%) Telecoms
10 3 (1.44%) Corporate Banking
11 2 (0.96%) Italian Language
11 2 (0.96%) Portuguese Language
11 2 (0.96%) Romanian Language
11 2 (0.96%) Spanish Language
12 1 (0.48%) Billing
12 1 (0.48%) German Language
12 1 (0.48%) Law
12 1 (0.48%) Private Banking
Job Titles
1 72 (34.62%) Developer
2 65 (31.25%) Analyst
3 45 (21.63%) Business Analyst
4 25 (12.02%) Banking Analyst
5 24 (11.54%) Investment Banking Business Analyst
6 22 (10.58%) Security Manager
6 22 (10.58%) Security Officer
7 19 (9.13%) Senior Developer
8 14 (6.73%) Regulatory Business Analyst
8 14 (6.73%) SQL Developer
9 13 (6.25%) C# Developer
10 12 (5.77%) .NET Developer
11 11 (5.29%) Report Developer
11 11 (5.29%) Scala Developer
12 9 (4.33%) Lead Developer
12 9 (4.33%) Project Manager
12 9 (4.33%) Report Analyst
13 8 (3.85%) Information Security Officer
13 8 (3.85%) Lead .NET Developer
13 8 (3.85%) Technical Leader
Libraries, Frameworks & Software Standards
1 34 (16.35%) .NET
2 28 (13.46%) Elastic Stack
3 20 (9.62%) FIX Protocol
3 20 (9.62%) Kafka
4 15 (7.21%) AngularJS
5 12 (5.77%) .NET Framework
6 10 (4.81%) HTML
6 10 (4.81%) HTML5
7 9 (4.33%) Web Services
8 8 (3.85%) JSON
8 8 (3.85%) WCF
9 7 (3.37%) Entity Framework
9 7 (3.37%) jQuery
9 7 (3.37%) KnockoutJS
10 6 (2.88%) Akka
10 6 (2.88%) Akka.NET
10 6 (2.88%) React
11 5 (2.40%) Node.js
11 5 (2.40%) WinForms
11 5 (2.40%) WPF
Miscellaneous
1 63 (30.29%) Equities
2 57 (27.40%) Derivative
3 55 (26.44%) Foreign Exchange (FX)
4 52 (25.00%) Fixed Income
5 34 (16.35%) Analytical Skills
6 24 (11.54%) Virtual Team
7 22 (10.58%) Market Risk
8 15 (7.21%) Fintech
9 14 (6.73%) Computer Science
10 11 (5.29%) Credit Risk
10 11 (5.29%) Hedge funds
11 10 (4.81%) Cyberthreat
11 10 (4.81%) Management Information System
12 8 (3.85%) Exotic Derivative
12 8 (3.85%) Greenfield Project
13 7 (3.37%) OTC Derivatives
14 5 (2.40%) Data Structures
15 4 (1.92%) Algorithms
16 2 (0.96%) PMI
17 1 (0.48%) ASIC
Operating Systems
1 32 (15.38%) Linux
2 30 (14.42%) Windows
3 5 (2.40%) Unix
Processes & Methodologies
1 65 (31.25%) Problem-Solving
2 36 (17.31%) Risk Management
3 35 (16.83%) Agile Software Development
4 32 (15.38%) Investment Management
5 29 (13.94%) GAP Analysis
6 26 (12.50%) Asset Management
7 24 (11.54%) Information Security
8 23 (11.06%) Business Analysis
9 22 (10.58%) Cybersecurity
9 22 (10.58%) Data Encryption
9 22 (10.58%) Data Loss Prevention
9 22 (10.58%) Data Privacy
9 22 (10.58%) Open Source
9 22 (10.58%) Penetration Testing
9 22 (10.58%) Remediation Plan
9 22 (10.58%) SIEM
9 22 (10.58%) Threat Detection
9 22 (10.58%) Vulnerability Assessment
10 20 (9.62%) OO
11 19 (9.13%) Mathematics
Programming Languages
1 56 (26.92%) C#
2 48 (23.08%) Java
3 38 (18.27%) SQL
4 21 (10.10%) C++
5 20 (9.62%) Python
6 17 (8.17%) JavaScript
7 15 (7.21%) Scala
8 14 (6.73%) T-SQL
9 13 (6.25%) PL/SQL
10 12 (5.77%) Ruby
11 9 (4.33%) VBA
12 8 (3.85%) Java 8
12 8 (3.85%) MATLAB
12 8 (3.85%) R
13 4 (1.92%) PowerShell
13 4 (1.92%) Shell Script
14 3 (1.44%) Perl
15 2 (0.96%) Groovy
15 2 (0.96%) Tcl
Qualifications
1 52 (25.00%) Degree
2 24 (11.54%) CISM
2 24 (11.54%) CISSP
3 20 (9.62%) Master's Degree
4 13 (6.25%) Computer Science Degree
5 11 (5.29%) PhD
6 4 (1.92%) PMI Certification
7 3 (1.44%) PMP
8 1 (0.48%) CFA
8 1 (0.48%) ISEB
Quality Assurance & Compliance
1 48 (23.08%) EMIR
2 31 (14.90%) GDPR
3 25 (12.02%) Dodd-Frank
4 16 (7.69%) FATCA
5 6 (2.88%) QA
6 3 (1.44%) AIFMD
6 3 (1.44%) FINREP
6 3 (1.44%) Solvency II
7 2 (0.96%) ISO/IEC 27001
7 2 (0.96%) SLA
8 1 (0.48%) Data Quality
System Software
1 22 (10.58%) Snort
2 6 (2.88%) Apache ZooKeeper
2 6 (2.88%) Docker
3 2 (0.96%) LXC
Systems Management
1 22 (10.58%) OSSEC
2 6 (2.88%) Ansible
3 4 (1.92%) Ambari
3 4 (1.92%) Hadoop YARN
3 4 (1.92%) Kibana
3 4 (1.92%) logstash
Vendors
1 22 (10.58%) Microsoft
2 16 (7.69%) Oracle
3 15 (7.21%) Hortonworks
4 12 (5.77%) Fidessa
4 12 (5.77%) FIS
5 9 (4.33%) CQG
5 9 (4.33%) SunGard
6 7 (3.37%) Bloomberg
7 5 (2.40%) Apple
7 5 (2.40%) Google
7 5 (2.40%) Salesforce.com
8 4 (1.92%) Ab Initio
8 4 (1.92%) Informatica
8 4 (1.92%) SmartStream
8 4 (1.92%) Solace
8 4 (1.92%) TIBCO
9 3 (1.44%) Charles River
10 2 (0.96%) Atlassian
10 2 (0.96%) Cognizant
10 2 (0.96%) ION Trading