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 29 July 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
29 Jul 2015
Same period 2014 Same period 2013
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 165 183 178
Rank change year-on-year
+18 -5
Contract jobs citing SWIFT 39 25 48
As % of all contract IT jobs located in the City of London 0.66% 0.42% 0.68%
As % of the Miscellaneous category 1.74% 1.12% 1.75%
Number of daily rates quoted 30 16 38
Average daily rate
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£500 £444 £488
Average daily rate % change year-on-year
+12.67% -8.97%
90% offered a daily rate of more than £304 £318 £315
10% offered a daily rate of more than £580 £591 £575
UK excluding London average daily rate £388 £411 £450
% change year-on-year
-5.71% -8.66%
Number of hourly rates quoted 0 0 3
Average hourly rate - - £16.00
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
2240 2227 2743
As % of all contract IT jobs located in the City of London 37.69% 37.75% 38.61%
Number of daily rates quoted 1794 1618 2021
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £277 £300
10% offered a daily rate of more than £650 £650 £635
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 41 43 70
Average hourly rate £20.00 £20.00 £22.50
Average hourly rate % change year-on-year
- -11.11%
90% offered a hourly rate of more than £14.00 £12.75 £15.00
10% offered a hourly rate of more than £39.05 £41.60 £48.00
UK excluding London average hourly rate £19.08 £21.75 £20.00
% change year-on-year
-12.27% +8.75%

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 29 July 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 29 July 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 55 (78.57%) Banking
2 51 (72.86%) Finance
3 20 (28.57%) Business Analysis
4 16 (22.86%) Investment Banking
4 16 (22.86%) QA
4 16 (22.86%) User Acceptance Testing
5 15 (21.43%) Integration Testing
5 15 (21.43%) System Testing
5 15 (21.43%) Back Office
6 13 (18.57%) System Integration Testing
7 12 (17.14%) Project Management
7 12 (17.14%) SQL
8 11 (15.71%) Validation
9 10 (14.29%) Fixed Income
9 10 (14.29%) Front Office
10 9 (12.86%) UML
11 8 (11.43%) Linux
11 8 (11.43%) IBM
11 8 (11.43%) Cash Management
11 8 (11.43%) Test Scripting
11 8 (11.43%) Use Case
12 7 (10.00%) Data Modelling
12 7 (10.00%) RUP
13 6 (8.57%) Financial Institution
13 6 (8.57%) PRINCE2
13 6 (8.57%) Equities
13 6 (8.57%) Stakeholder Management
14 5 (7.14%) Migration
14 5 (7.14%) Oracle
14 5 (7.14%) C

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

For the 6 months to 29 July 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 (5.71%) WebSphere
Applications
1 3 (4.29%) MS Project
2 2 (2.86%) MS Office
2 2 (2.86%) MS Visio
3 1 (1.43%) MS Excel
Business Applications
1 2 (2.86%) Algo Collateral
2 1 (1.43%) Temenos Globus
2 1 (1.43%) Temenos T24
Communications & Networking
1 1 (1.43%) FTP
1 1 (1.43%) SSL
Database & Business Intelligence
1 2 (2.86%) RDBMS
1 2 (2.86%) Relational Database
2 1 (1.43%) SQL Server
2 1 (1.43%) Data Warehouse
2 1 (1.43%) Data Mining
Development Applications
1 2 (2.86%) HP UFT
General
1 55 (78.57%) Banking
2 51 (72.86%) Finance
3 16 (22.86%) Investment Banking
4 15 (21.43%) Back Office
5 10 (14.29%) Front Office
6 6 (8.57%) Financial Institution
7 4 (5.71%) Telecoms
8 2 (2.86%) Law
8 2 (2.86%) Legal
8 2 (2.86%) Wholesale Banking
9 1 (1.43%) Corporate Banking
9 1 (1.43%) Retail
Job Titles
1 38 (54.29%) Analyst
2 26 (37.14%) Business Analyst
3 13 (18.57%) Tester
3 13 (18.57%) Systems Tester
4 10 (14.29%) Project Manager
5 7 (10.00%) Systems Analyst
5 7 (10.00%) Payments Business Analyst
6 6 (8.57%) Fixed Income Business Analyst
6 6 (8.57%) Banking Analyst
6 6 (8.57%) Administrator
7 5 (7.14%) Banking Business Analyst
8 4 (5.71%) SWIFT Engineer
8 4 (5.71%) Support Analyst
8 4 (5.71%) Applications Support
8 4 (5.71%) Applications Support Analyst
8 4 (5.71%) Test Analyst
8 4 (5.71%) Architect
9 3 (4.29%) Solutions Architect
9 3 (4.29%) Windows Administrator
9 3 (4.29%) Change Analyst
Libraries, Frameworks & Software Standards
1 3 (4.29%) WebSphere MQ
1 3 (4.29%) Middleware
1 3 (4.29%) TIBCO EMS
2 2 (2.86%) .NET
2 2 (2.86%) XML
3 1 (1.43%) FpML
3 1 (1.43%) FIX Protocol
3 1 (1.43%) HTML
Miscellaneous
1 10 (14.29%) Fixed Income
2 6 (8.57%) Equities
3 5 (7.14%) Foreign Exchange (FX)
3 5 (7.14%) Analytical Skills
4 3 (4.29%) PMI
5 2 (2.86%) Derivative
5 2 (2.86%) Mobile Payment
6 1 (1.43%) Mainframe
6 1 (1.43%) Tandem
Operating Systems
1 8 (11.43%) Linux
2 4 (5.71%) UNIX
2 4 (5.71%) Windows
2 4 (5.71%) Solaris
3 3 (4.29%) Windows 7
4 1 (1.43%) Red Hat Enterprise Linux
Processes & Methodologies
1 20 (28.57%) Business Analysis
2 16 (22.86%) User Acceptance Testing
3 15 (21.43%) Integration Testing
3 15 (21.43%) System Testing
4 13 (18.57%) System Integration Testing
5 12 (17.14%) Project Management
6 11 (15.71%) Validation
7 9 (12.86%) UML
8 8 (11.43%) Test Scripting
8 8 (11.43%) Cash Management
8 8 (11.43%) Use Case
9 7 (10.00%) RUP
9 7 (10.00%) Data Modelling
10 6 (8.57%) PRINCE2
10 6 (8.57%) Stakeholder Management
11 5 (7.14%) Migration
11 5 (7.14%) B2B
12 3 (4.29%) Risk Management
12 3 (4.29%) Change Control
13 2 (2.86%) Software Deployment
Programming Languages
1 12 (17.14%) SQL
2 5 (7.14%) C
3 3 (4.29%) Java
3 3 (4.29%) Perl
4 2 (2.86%) PL/SQL
5 1 (1.43%) JavaScript
5 1 (1.43%) COBOL
5 1 (1.43%) Python
5 1 (1.43%) Shell Script
5 1 (1.43%) Korn
5 1 (1.43%) Bash Shell
Qualifications
1 3 (4.29%) PMI Certification
1 3 (4.29%) Degree
2 2 (2.86%) IIBA
Quality Assurance & Compliance
1 16 (22.86%) QA
System Software
1 3 (4.29%) Active Directory
Systems Management
1 2 (2.86%) Tivoli
1 2 (2.86%) HP Quality Center
Vendors
1 8 (11.43%) IBM
2 5 (7.14%) Oracle
3 3 (4.29%) TIBCO
4 2 (2.86%) HP
4 2 (2.86%) Actimize
5 1 (1.43%) Veritas
5 1 (1.43%) Red Hat
5 1 (1.43%) Bloomberg
5 1 (1.43%) Charles River
5 1 (1.43%) Mantas
5 1 (1.43%) Cognos
5 1 (1.43%) Microsoft
City, London
I.T. Skillfinder
Rate: £200 - £300 per day
Posted: 21 hours ago
City, London
ComputAppoint
Rate: £300 - £350 per day
Posted: 4 days ago
City of London
Deerfoot IT
Rate: £600 - £650 per day
Posted: 9 days ago