The 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 contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 3 December 2016 with a comparison to the same period over the previous 2 years.

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.

3 months to
3 Dec 2016
Same period 2015 Same period 2014
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank - 28 -
Contract jobs citing SWIFT 0 4 0
As % of all contract IT jobs located in Canary Wharf - 2.22% -
As % of the Miscellaneous category - 5.19% -
Number of daily rates quoted 0 2 0
Median daily rate - £365 -
UK excluding London median daily rate £414 £413 £440
% change year-on-year
+0.30% -6.25%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -
SWIFT
London

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the Canary Wharf region.

Miscellaneous Category
Canary Wharf
Contract IT job ads with a match in the
Miscellaneous category
81 77 65
As % of all contract IT jobs located in Canary Wharf 50.94% 42.78% 56.52%
Number of daily rates quoted 53 56 44
Median daily rate £513 £500 £348
Median daily rate % change year-on-year
+2.50% +43.88%
90% offered a daily rate of more than £160 £274 £220
10% offered a daily rate of more than £650 £625 £550
UK excluding London median daily rate £377 £385 £363
% change year-on-year
-2.14% +6.20%
Number of hourly rates quoted 0 0 1
Median hourly rate - - £27.50
UK excluding London median hourly rate £18.75 £19.50 £16.84
% change year-on-year
-3.84% +15.79%

SWIFT
Jobs Demand Trend in Canary Wharf

The demand trend of contract jobs across the Canary Wharf region citing SWIFT as a proportion of all IT contracts with a match in the Miscellaneous category.

SWIFT Jobs Demand Trend in Canary Wharf

SWIFT
Daily Rate Trend in Canary Wharf

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

SWIFT Daily Rate Trend in Canary Wharf

SWIFT
Hourly Rate Trend in Canary Wharf

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

SWIFT Hourly Rate Trend in Canary Wharf