The table below looks at the prevalence of the term SWIFT in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 24 February 2017 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
24 Feb 2017
Same period 2016 Same period 2015
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
London / City of London
Rank 146 136 166
Rank change year-on-year
-10 +30
Contract jobs citing SWIFT 11 17 26
As % of all contract IT jobs located in the City of London 0.37% 0.53% 0.50%
As % of the Miscellaneous category 1.05% 1.39% 1.35%
Number of daily rates quoted 9 13 19
Median daily rate £440 £613 £475
Median daily rate % change year-on-year
-28.16% +28.94%
90% offered a daily rate of more than £385 £405 £325
10% offered a daily rate of more than £605 £725 £530
UK excluding London median daily rate £500 £375 £350
% change year-on-year
+33.33% +7.14%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1052 1221 1926
As % of all contract IT jobs located in the City of London 35.50% 38.19% 37.14%
Number of daily rates quoted 807 943 1501
Median daily rate £525 £500 £475
Median daily rate % change year-on-year
+5.00% +5.26%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £650 £675 £625
UK excluding London median daily rate £400 £375 £375
% change year-on-year
+6.66% -
Number of hourly rates quoted 7 26 33
Median hourly rate £20.38 £17.00 £17.87
Median hourly rate % change year-on-year
+19.85% -4.84%
90% offered a hourly rate of more than £15.92 £12.00 £13.25
10% offered a hourly rate of more than £55.00 £32.24 £24.66
UK excluding London median hourly rate £17.50 £22.52 £18.00
% change year-on-year
-22.29% +25.11%

SWIFT
Jobs Demand Trend in the City of London

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

SWIFT Jobs Demand Trend in the City of London

SWIFT
Daily Rate Trend in the City of London

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

SWIFT Daily Rate Trend in the City of London

SWIFT
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing SWIFT across the City of London region over the 3 months to 24 February 2017.

SWIFT Daily Rate Histogram in the City of London

SWIFT
Hourly Rate Trend in the City of London

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

SWIFT Hourly Rate Trend in the City of London

SWIFT
Top 30 Related IT Skills in the City of London

For the 6 months to 24 February 2017, IT contractor jobs citing SWIFT also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for SWIFT.

1 17 (51.52%) Finance
2 16 (48.48%) Banking
2 16 (48.48%) Anti-Money Laundering
3 12 (36.36%) Windows
4 11 (33.33%) Middleware
5 10 (30.30%) Cash Management
6 9 (27.27%) SmartStream
7 8 (24.24%) SQL
7 8 (24.24%) .NET
7 8 (24.24%) Data Warehouse
7 8 (24.24%) WebSphere
8 7 (21.21%) SQL Server
8 7 (21.21%) SEPA
9 6 (18.18%) BizTalk Server
10 5 (15.15%) Unix
10 5 (15.15%) Oracle
10 5 (15.15%) Java
10 5 (15.15%) XML
10 5 (15.15%) Waterfall
11 4 (12.12%) Systems Analysis
11 4 (12.12%) Business Analysis
11 4 (12.12%) Agile Software Development
11 4 (12.12%) SOAP
11 4 (12.12%) IBM
11 4 (12.12%) Financial Institution
11 4 (12.12%) Windows Server
11 4 (12.12%) SDLC
11 4 (12.12%) Analytical Skills
12 3 (9.09%) Foreign Exchange (FX)
12 3 (9.09%) MQSeries

SWIFT
Top Related IT Skills in the City of 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 8 (24.24%) WebSphere
2 6 (18.18%) BizTalk Server
3 3 (9.09%) MQSeries
3 3 (9.09%) Oracle SOA Suite
4 2 (6.06%) CICS
4 2 (6.06%) CMS
5 1 (3.03%) IIS
Applications
1 1 (3.03%) MS Excel
Business Applications
1 3 (9.09%) Temenos T24
2 2 (6.06%) Oracle Cash Management
3 1 (3.03%) Payment Gateway
Communications & Networking
1 1 (3.03%) ATM
1 1 (3.03%) FTP
1 1 (3.03%) Internet
1 1 (3.03%) SWIFTNet
Database & Business Intelligence
1 8 (24.24%) Data Warehouse
2 7 (21.21%) SQL Server
3 3 (9.09%) DB2
4 2 (6.06%) Adabas
5 1 (3.03%) Crystal Reports
5 1 (3.03%) OLTP
5 1 (3.03%) SQL Server Integration Services
Development Applications
1 2 (6.06%) Eclipse
2 1 (3.03%) Jenkins
2 1 (3.03%) Maven
General
1 17 (51.52%) Finance
2 16 (48.48%) Banking
3 4 (12.12%) Financial Institution
4 3 (9.09%) Investment Banking
5 2 (6.06%) Back Office
5 2 (6.06%) Legal
6 1 (3.03%) French Language
6 1 (3.03%) Retail
6 1 (3.03%) Retail Banking
Job Titles
1 19 (57.58%) Analyst
2 11 (33.33%) Support Analyst
3 6 (18.18%) Developer
4 4 (12.12%) Architect
4 4 (12.12%) Business Analyst
4 4 (12.12%) Payments Analyst
4 4 (12.12%) Payments Architect
4 4 (12.12%) Systems Analyst
5 3 (9.09%) Applications Support
5 3 (9.09%) Business Systems Analyst
5 3 (9.09%) Technical Architect
6 2 (6.06%) Applications Support Analyst
6 2 (6.06%) Consultant
7 1 (3.03%) Applications Support Specialist
7 1 (3.03%) Chief Architect
7 1 (3.03%) Environment Manager
7 1 (3.03%) Perl Developer
7 1 (3.03%) SQL Developer
7 1 (3.03%) SQL Server Developer
7 1 (3.03%) Sybase Developer
Libraries, Frameworks & Software Standards
1 11 (33.33%) Middleware
2 8 (24.24%) .NET
3 5 (15.15%) XML
4 4 (12.12%) SOAP
5 3 (9.09%) Web Services
6 2 (6.06%) HTML
6 2 (6.06%) REST
7 1 (3.03%) CSS
7 1 (3.03%) CSS3
7 1 (3.03%) FIX Protocol
7 1 (3.03%) HTML5
7 1 (3.03%) IBM Integration Bus
7 1 (3.03%) MSMQ
7 1 (3.03%) WSDL
Miscellaneous
1 4 (12.12%) Analytical Skills
2 3 (9.09%) Foreign Exchange (FX)
3 2 (6.06%) Mainframe
3 2 (6.06%) VSAM
4 1 (3.03%) AS400
4 1 (3.03%) Fixed Income
4 1 (3.03%) Hedge funds
4 1 (3.03%) iSeries
4 1 (3.03%) Mobile Banking
Operating Systems
1 12 (36.36%) Windows
2 5 (15.15%) Unix
3 4 (12.12%) Windows Server
4 2 (6.06%) Linux
5 1 (3.03%) Apple iOS
5 1 (3.03%) Solaris
Processes & Methodologies
1 16 (48.48%) Anti-Money Laundering
2 10 (30.30%) Cash Management
3 5 (15.15%) Waterfall
4 4 (12.12%) Agile Software Development
4 4 (12.12%) Business Analysis
4 4 (12.12%) SDLC
4 4 (12.12%) Systems Analysis
5 3 (9.09%) Scrum
5 3 (9.09%) SOA
5 3 (9.09%) TOGAF
6 2 (6.06%) Fund Accounting
6 2 (6.06%) Incident Management
6 2 (6.06%) Integration Testing
6 2 (6.06%) Line Management
6 2 (6.06%) Requirements Analysis
6 2 (6.06%) System Testing
6 2 (6.06%) Unit Testing
6 2 (6.06%) User Acceptance Testing
6 2 (6.06%) V-Model
6 2 (6.06%) Wealth Management
Programming Languages
1 8 (24.24%) SQL
2 5 (15.15%) Java
3 3 (9.09%) JavaScript
4 2 (6.06%) C
4 2 (6.06%) JCL
4 2 (6.06%) NATURAL
4 2 (6.06%) R
5 1 (3.03%) Apple Swift
5 1 (3.03%) Perl
5 1 (3.03%) PL/SQL
5 1 (3.03%) RPG
5 1 (3.03%) RPG IV
5 1 (3.03%) Shell Script
5 1 (3.03%) T-SQL
5 1 (3.03%) XPath
Qualifications
1 1 (3.03%) Degree
Quality Assurance & Compliance
1 7 (21.21%) SEPA
2 2 (6.06%) TARGET2
3 1 (3.03%) FATCA
3 1 (3.03%) QA
Vendors
1 9 (27.27%) SmartStream
2 5 (15.15%) Oracle
3 4 (12.12%) IBM
4 2 (6.06%) jBASE
4 2 (6.06%) Temenos
5 1 (3.03%) Cognos
5 1 (3.03%) Microsoft
5 1 (3.03%) ServiceNow
5 1 (3.03%) Sybase