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 average contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 30 June 2015 with a comparison to the same period in 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.

Location
3 months to
30 Jun 2015
Same period 2014 Same period 2013
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 169 180 165
Rank change year-on-year
+11 -15
Contract jobs citing SWIFT 34 23 51
As % of all contract IT jobs located in the City of London 0.58% 0.39% 0.74%
As % of the Miscellaneous category 1.56% 1.04% 1.94%
Number of daily rates quoted 24 15 43
Average daily rate
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£488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £304 £316 £325
10% offered a daily rate of more than £560 £540 £575
UK excluding London average daily rate £413 £463 £513
% change year-on-year
-10.90% -9.65%
Number of hourly rates quoted 1 0 2
Average hourly rate £95.00 - £19.25
UK excluding London average 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 City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2179 2202 2627
As % of all contract IT jobs located in the City of London 37.25% 37.35% 37.95%
Number of daily rates quoted 1737 1655 1983
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £650 £650 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 41 28 59
Average hourly rate £21.50 £20.44 £22.50
Average hourly rate % change year-on-year
+5.19% -9.16%
90% offered a hourly rate of more than £14.61 £12.65 £15.40
10% offered a hourly rate of more than £53.10 £29.75 £71.00
UK excluding London average hourly rate £18.90 £23.00 £20.00
% change year-on-year
-17.82% +15.00%

SWIFT
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing SWIFT across the City of London region as a proportion of the total demand within 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 30 June 2015.

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 30 June 2015, IT contractor jobs across the City of London 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 53 (82.81%) Banking
2 46 (71.88%) Finance
3 21 (32.81%) Business Analysis
4 20 (31.25%) User Acceptance Testing
5 18 (28.13%) QA
6 17 (26.56%) Integration Testing
6 17 (26.56%) System Testing
7 15 (23.44%) System Integration Testing
8 14 (21.88%) Validation
9 13 (20.31%) Investment Banking
10 12 (18.75%) Back Office
11 10 (15.63%) SQL
12 9 (14.06%) Front Office
12 9 (14.06%) Cash Management
13 8 (12.50%) Financial Institution
14 7 (10.94%) Project Management
14 7 (10.94%) Fixed Income
14 7 (10.94%) Test Scripting
15 6 (9.38%) Stakeholder Management
15 6 (9.38%) UML
16 5 (7.81%) B2B
16 5 (7.81%) PRINCE2
16 5 (7.81%) Use Case
16 5 (7.81%) Analytical Skills
17 4 (6.25%) WebSphere
17 4 (6.25%) Telecoms
17 4 (6.25%) UNIX
17 4 (6.25%) MS Excel
17 4 (6.25%) Data Modelling
17 4 (6.25%) RUP

SWIFT
Top Related IT Skills in the City of London by Category

For the 6 months to 30 June 2015, IT contractor jobs across the City of London 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.

Application Platforms
1 4 (6.25%) WebSphere
Applications
1 4 (6.25%) MS Excel
2 3 (4.69%) MS Project
3 2 (3.13%) MS Office
3 2 (3.13%) MS Visio
3 2 (3.13%) MS PowerPoint
Business Applications
1 1 (1.56%) Temenos Globus
1 1 (1.56%) Temenos T24
Communications & Networking
1 1 (1.56%) FTP
1 1 (1.56%) SSL
Database & Business Intelligence
1 2 (3.13%) Data Mining
1 2 (3.13%) RDBMS
1 2 (3.13%) Relational Database
2 1 (1.56%) SQL Server
2 1 (1.56%) MS Access
2 1 (1.56%) Data Warehouse
Development Applications
1 2 (3.13%) HP UFT
General
1 53 (82.81%) Banking
2 46 (71.88%) Finance
3 13 (20.31%) Investment Banking
4 12 (18.75%) Back Office
5 9 (14.06%) Front Office
6 8 (12.50%) Financial Institution
7 4 (6.25%) Telecoms
8 2 (3.13%) Wholesale Banking
9 1 (1.56%) Corporate Banking
9 1 (1.56%) Legal
9 1 (1.56%) Retail
Job Titles
1 40 (62.50%) Analyst
2 24 (37.50%) Business Analyst
3 15 (23.44%) Tester
3 15 (23.44%) Systems Tester
4 8 (12.50%) Project Manager
4 8 (12.50%) Payments Business Analyst
5 7 (10.94%) Systems Analyst
6 6 (9.38%) Banking Analyst
6 6 (9.38%) Banking Business Analyst
7 4 (6.25%) Applications Support Analyst
7 4 (6.25%) Fixed Income Business Analyst
7 4 (6.25%) Architect
7 4 (6.25%) Support Analyst
7 4 (6.25%) Applications Support
8 3 (4.69%) Administrator
8 3 (4.69%) Solutions Architect
8 3 (4.69%) Test Analyst
8 3 (4.69%) Change Analyst
9 2 (3.13%) Java Analyst Programmer
9 2 (3.13%) Operations Analyst
Libraries, Frameworks & Software Standards
1 3 (4.69%) WebSphere MQ
2 2 (3.13%) XML
3 1 (1.56%) HTML
3 1 (1.56%) FpML
3 1 (1.56%) FIX Protocol
Miscellaneous
1 7 (10.94%) Fixed Income
2 5 (7.81%) Analytical Skills
3 4 (6.25%) Equities
3 4 (6.25%) Foreign Exchange (FX)
4 3 (4.69%) PMI
5 2 (3.13%) Mobile Payment
6 1 (1.56%) Mainframe
6 1 (1.56%) Tandem
6 1 (1.56%) Derivative
Operating Systems
1 4 (6.25%) UNIX
1 4 (6.25%) Linux
2 1 (1.56%) Red Hat Enterprise Linux
2 1 (1.56%) Solaris
Processes & Methodologies
1 21 (32.81%) Business Analysis
2 20 (31.25%) User Acceptance Testing
3 17 (26.56%) Integration Testing
3 17 (26.56%) System Testing
4 15 (23.44%) System Integration Testing
5 14 (21.88%) Validation
6 9 (14.06%) Cash Management
7 7 (10.94%) Test Scripting
7 7 (10.94%) Project Management
8 6 (9.38%) UML
8 6 (9.38%) Stakeholder Management
9 5 (7.81%) PRINCE2
9 5 (7.81%) B2B
9 5 (7.81%) Use Case
10 4 (6.25%) Data Modelling
10 4 (6.25%) RUP
11 3 (4.69%) Risk Management
11 3 (4.69%) Change Control
12 2 (3.13%) Multithreading
12 2 (3.13%) Data Analysis
Programming Languages
1 10 (15.63%) SQL
2 3 (4.69%) C
2 3 (4.69%) Java
3 2 (3.13%) PL/SQL
4 1 (1.56%) JavaScript
4 1 (1.56%) Perl
4 1 (1.56%) COBOL
4 1 (1.56%) Python
4 1 (1.56%) Shell Script
4 1 (1.56%) Korn
4 1 (1.56%) Bash Shell
Qualifications
1 3 (4.69%) PMI Certification
1 3 (4.69%) Degree
2 2 (3.13%) IIBA
Quality Assurance & Compliance
1 18 (28.13%) QA
Systems Management
1 2 (3.13%) HP Quality Center
Vendors
1 3 (4.69%) IBM
1 3 (4.69%) Microsoft
2 2 (3.13%) HP
2 2 (3.13%) Oracle
2 2 (3.13%) Sybase
2 2 (3.13%) Actimize
3 1 (1.56%) Cognos
3 1 (1.56%) Veritas
3 1 (1.56%) Red Hat
3 1 (1.56%) Bloomberg
3 1 (1.56%) Charles River
3 1 (1.56%) Mantas
City, London
Deerfoot IT Resources Ltd
Rate: £500 - £550 per day
Posted: 13 hours ago
City of London
Interquest - IQ Public Sector
Rate: £450 - £500 per day + expenses
Posted: 12 days ago