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 2 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
2 Dec 2016
Same period 2015 Same period 2014
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 139 128 176
Rank change year-on-year
-11 +48
Contract jobs citing SWIFT 24 29 32
As % of all contract IT jobs located in the City of London 0.74% 0.83% 0.55%
As % of the Miscellaneous category 1.83% 2.06% 1.44%
Number of daily rates quoted 18 13 27
Median daily rate £444 £400 £500
Median daily rate % change year-on-year
+10.93% -20.00%
90% offered a daily rate of more than £385 £335 £325
10% offered a daily rate of more than £512 £703 £600
UK excluding London median daily rate £414 £400 £440
% change year-on-year
+3.43% -9.09%
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 City of London region.

Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
1314 1407 2221
As % of all contract IT jobs located in the City of London 40.71% 40.06% 37.84%
Number of daily rates quoted 992 1088 1725
Median daily rate £510 £500 £450
Median daily rate % change year-on-year
+2.00% +11.11%
90% offered a daily rate of more than £338 £300 £275
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £385 £363
% change year-on-year
-2.59% +6.20%
Number of hourly rates quoted 19 21 40
Median hourly rate £19.00 £20.00 £16.00
Median hourly rate % change year-on-year
-5.00% +25.00%
90% offered a hourly rate of more than £13.70 £13.00 £11.70
10% offered a hourly rate of more than £55.00 £28.00 £23.15
UK excluding London median hourly rate £18.50 £19.50 £16.75
% change year-on-year
-5.12% +16.41%

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 2 December 2016.

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 2 December 2016, 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 20 (64.52%) Finance
2 13 (41.94%) Banking
2 13 (41.94%) Anti-Money Laundering
3 11 (35.48%) Cash Management
4 10 (32.26%) Windows
5 9 (29.03%) SmartStream
5 9 (29.03%) Middleware
6 8 (25.81%) Data Warehouse
7 7 (22.58%) Financial Institution
8 6 (19.35%) SQL
8 6 (19.35%) Business Analysis
9 5 (16.13%) WebSphere
9 5 (16.13%) XML
9 5 (16.13%) Waterfall
9 5 (16.13%) Analytical Skills
10 4 (12.90%) SDLC
10 4 (12.90%) SEPA
10 4 (12.90%) Foreign Exchange (FX)
10 4 (12.90%) Oracle
10 4 (12.90%) Systems Analysis
10 4 (12.90%) Agile Software Development
11 3 (9.68%) Legal
11 3 (9.68%) Temenos T24
11 3 (9.68%) User Acceptance Testing
11 3 (9.68%) V-Model
11 3 (9.68%) Integration Testing
11 3 (9.68%) System Testing
11 3 (9.68%) SQL Server
11 3 (9.68%) Java
11 3 (9.68%) .NET

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 5 (16.13%) WebSphere
2 2 (6.45%) BizTalk Server
2 2 (6.45%) CICS
2 2 (6.45%) CMS
2 2 (6.45%) MQSeries
Applications
1 1 (3.23%) MS Excel
1 1 (3.23%) MS Project
1 1 (3.23%) MS Visio
Business Applications
1 3 (9.68%) Temenos T24
2 2 (6.45%) Oracle Cash Management
3 1 (3.23%) BusinessWorks
3 1 (3.23%) Oracle EBS
3 1 (3.23%) Oracle Internet Expenses
3 1 (3.23%) Payment Gateway
3 1 (3.23%) Summit
Communications & Networking
1 1 (3.23%) ATM
1 1 (3.23%) Firewall
1 1 (3.23%) FTP
1 1 (3.23%) SAN
1 1 (3.23%) SWIFTNet
Database & Business Intelligence
1 8 (25.81%) Data Warehouse
2 3 (9.68%) SQL Server
3 2 (6.45%) Adabas
3 2 (6.45%) DB2
Development Applications
1 2 (6.45%) Eclipse
2 1 (3.23%) HP UFT
2 1 (3.23%) JMeter
2 1 (3.23%) LoadRunner
2 1 (3.23%) Selenium
General
1 20 (64.52%) Finance
2 13 (41.94%) Banking
3 7 (22.58%) Financial Institution
4 3 (9.68%) Legal
5 2 (6.45%) Back Office
5 2 (6.45%) Investment Banking
6 1 (3.23%) Advertising
6 1 (3.23%) General Ledger
6 1 (3.23%) Retail
Job Titles
1 20 (64.52%) Analyst
2 11 (35.48%) Support Analyst
3 5 (16.13%) Business Analyst
4 4 (12.90%) Systems Analyst
5 3 (9.68%) Business Systems Analyst
5 3 (9.68%) Developer
5 3 (9.68%) Project Manager
6 2 (6.45%) Applications Support
6 2 (6.45%) Applications Support Analyst
6 2 (6.45%) Consultant
6 2 (6.45%) IT Manager
6 2 (6.45%) IT Project Manager
7 1 (3.23%) Business IT Analyst
7 1 (3.23%) Contracts Manager
7 1 (3.23%) Financial Business Analyst
7 1 (3.23%) IT Finance Manager
7 1 (3.23%) Operations Analyst
7 1 (3.23%) Senior Project Manager
7 1 (3.23%) SQL Developer
7 1 (3.23%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 9 (29.03%) Middleware
2 5 (16.13%) XML
3 3 (9.68%) .NET
3 3 (9.68%) Web Services
4 2 (6.45%) SOAP
5 1 (3.23%) FIX Protocol
5 1 (3.23%) HTML
5 1 (3.23%) IBM Integration Bus
5 1 (3.23%) REST
5 1 (3.23%) WSDL
Miscellaneous
1 5 (16.13%) Analytical Skills
2 4 (12.90%) Foreign Exchange (FX)
3 2 (6.45%) Fixed Income
3 2 (6.45%) Mainframe
3 2 (6.45%) VSAM
4 1 (3.23%) Derivative
4 1 (3.23%) DTCC
4 1 (3.23%) Equities
4 1 (3.23%) Mobile Payment
4 1 (3.23%) PMI
Operating Systems
1 10 (32.26%) Windows
2 3 (9.68%) Linux
3 2 (6.45%) Unix
4 1 (3.23%) Solaris
4 1 (3.23%) Windows Server 2008
4 1 (3.23%) Windows Server 2012
Processes & Methodologies
1 13 (41.94%) Anti-Money Laundering
2 11 (35.48%) Cash Management
3 6 (19.35%) Business Analysis
4 5 (16.13%) Waterfall
5 4 (12.90%) Agile Software Development
5 4 (12.90%) SDLC
5 4 (12.90%) Systems Analysis
6 3 (9.68%) Integration Testing
6 3 (9.68%) System Testing
6 3 (9.68%) User Acceptance Testing
6 3 (9.68%) V-Model
7 2 (6.45%) Fund Accounting
7 2 (6.45%) Incident Management
7 2 (6.45%) Line Management
7 2 (6.45%) PRINCE2
7 2 (6.45%) Project Management
7 2 (6.45%) Requirements Analysis
7 2 (6.45%) Stakeholder Management
7 2 (6.45%) Unit Testing
8 1 (3.23%) SOA
Programming Languages
1 6 (19.35%) SQL
2 3 (9.68%) Java
3 2 (6.45%) C
3 2 (6.45%) JCL
3 2 (6.45%) NATURAL
3 2 (6.45%) R
4 1 (3.23%) JavaScript
4 1 (3.23%) PL/SQL
4 1 (3.23%) Shell Script
4 1 (3.23%) XPath
Qualifications
1 2 (6.45%) Degree
2 1 (3.23%) ISTQB
2 1 (3.23%) PMI Certification
2 1 (3.23%) PMP
Quality Assurance & Compliance
1 4 (12.90%) SEPA
2 2 (6.45%) TARGET2
3 1 (3.23%) QA
System Software
1 1 (3.23%) VMware ESX
Systems Management
1 1 (3.23%) NetBackup
Vendors
1 9 (29.03%) SmartStream
2 4 (12.90%) Oracle
3 2 (6.45%) IBM
3 2 (6.45%) jBASE
3 2 (6.45%) Temenos
4 1 (3.23%) Calypso
4 1 (3.23%) Citrix
4 1 (3.23%) Cognos
4 1 (3.23%) HP
4 1 (3.23%) Microsoft
4 1 (3.23%) Murex
4 1 (3.23%) SAP
4 1 (3.23%) Sophis
4 1 (3.23%) Sun
4 1 (3.23%) TIBCO
4 1 (3.23%) VMware