The first table below looks at the prevalence of the term SWIFT in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the Canary Wharf region.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
24 May 2013
Same period 2012 Same period 2011
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 49 45 60
Rank change year-on-year
-4 +15
Contract jobs citing SWIFT 2 5 1
As % of all contract IT jobs located in Canary Wharf 0.518% 1.323% 0.194%
As % of the Miscellaneous category 1.117% 3.226% 0.270%
Number of daily rates quoted 2 5 1
Average daily rate £500 £475 £550
Average daily rate % change year-on-year
+5.26% -13.63%
UK excluding London average daily rate £525 £391 £440
% change year-on-year
+34.27% -11.13%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate £17.25 - £29.00
All of the Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
179 155 370
As % of all contract IT jobs located in Canary Wharf 46.37% 41.01% 71.84%
Number of daily rates quoted 141 99 295
Average daily rate £600 £550 £600
Average daily rate % change year-on-year
+9.09% -8.33%
90% offered a daily rate of more than £500 £450 £475
10% offered a daily rate of more than £650 £650 £650
UK excluding London average daily rate £350 £345 £340
% change year-on-year
+1.44% +1.47%
Number of hourly rates quoted 1 0 2
Average hourly rate £42.50 - £15.00
UK excluding London average hourly rate £22.50 £22.50 £26.00
% change year-on-year
- -13.46%
SWIFT
London

SWIFT
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing SWIFT across the Canary Wharf region as a proportion of the total demand within the Miscellaneous category.

Canary Wharf SWIFT Jobs Demand Trend

SWIFT
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing SWIFT across the Canary Wharf region.

Canary Wharf SWIFT Daily Rate Trend

SWIFT
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing SWIFT across the Canary Wharf region.

Canary Wharf SWIFT Hourly Rate Trend

SWIFT
Top 11 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the Canary Wharf region citing SWIFT also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited SWIFT.

1 4 (57.14%) Asset Management
2 3 (42.86%) Business Analysis
3 2 (28.57%) Cash Management
3 2 (28.57%) Network Management
3 2 (28.57%) MultiFonds
3 2 (28.57%) Investment Banking
3 2 (28.57%) Stakeholder Management
3 2 (28.57%) Banking
4 1 (14.29%) Risk Management
4 1 (14.29%) Finance
4 1 (14.29%) Foreign Exchange (FX)

SWIFT
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the Canary Wharf region citing SWIFT also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited SWIFT. Up to 20 skills are shown per category.

Business Applications
1 2 (28.57%) MultiFonds
General
1 2 (28.57%) Investment Banking
1 2 (28.57%) Banking
2 1 (14.29%) Finance
Job Titles
1 7 (100.00%) Business Analyst
1 7 (100.00%) Analyst
2 4 (57.14%) Business Process Analyst
2 4 (57.14%) Process Analyst
Miscellaneous
1 1 (14.29%) Foreign Exchange (FX)
Processes & Methodologies
1 4 (57.14%) Asset Management
2 3 (42.86%) Business Analysis
3 2 (28.57%) Cash Management
3 2 (28.57%) Network Management
3 2 (28.57%) Stakeholder Management
4 1 (14.29%) Risk Management