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 25 June 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
25 Jun 2016
Same period 2015 Same period 2014
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 159 162 183
Rank change year-on-year
+3 +21
Contract jobs citing SWIFT 5 36 23
As % of all contract IT jobs located in the City of London 0.15% 0.62% 0.38%
As % of the Miscellaneous category 0.38% 1.64% 1.01%
Number of daily rates quoted 5 25 15
Median daily rate £400 £500 £450
Median daily rate % change year-on-year
-20.00% +11.11%
90% offered a daily rate of more than £380 £304 £316
10% offered a daily rate of more than £603 £605 £540
UK excluding London median daily rate £475 £525 £463
% change year-on-year
-9.52% +13.39%
Number of hourly rates quoted 0 1 0
Median hourly rate - £95.00 -
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
1305 2198 2275
As % of all contract IT jobs located in the City of London 39.28% 37.76% 37.97%
Number of daily rates quoted 1076 1736 1697
Median daily rate £475 £475 £475
90% offered a daily rate of more than £300 £288 £285
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £390 £375 £350
% change year-on-year
+4.00% +7.14%
Number of hourly rates quoted 17 41 28
Median hourly rate £17.50 £21.75 £20.75
Median hourly rate % change year-on-year
-19.54% +4.81%
90% offered a hourly rate of more than £12.50 £14.70 £13.55
10% offered a hourly rate of more than £53.00 £52.20 £34.50
UK excluding London median hourly rate £22.50 £18.50 £21.00
% change year-on-year
+21.62% -11.90%

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 25 June 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 25 June 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 13 (81.25%) Finance
2 8 (50.00%) Banking
3 5 (31.25%) Windows
4 4 (25.00%) SQL
4 4 (25.00%) Foreign Exchange (FX)
5 3 (18.75%) Project Management
5 3 (18.75%) VMware
5 3 (18.75%) Firewall
5 3 (18.75%) Java
5 3 (18.75%) Linux
5 3 (18.75%) Microsoft
5 3 (18.75%) Investment Banking
5 3 (18.75%) Equities
5 3 (18.75%) Fixed Income
5 3 (18.75%) Unix
5 3 (18.75%) FIX Protocol
5 3 (18.75%) Windows Server 2008
5 3 (18.75%) ISO20022
5 3 (18.75%) Windows Server
6 2 (12.50%) Server Virtualisation
6 2 (12.50%) Virtual Servers
6 2 (12.50%) SEPA
6 2 (12.50%) ISO15022
6 2 (12.50%) vMotion
6 2 (12.50%) Data Centre
6 2 (12.50%) SDLC
6 2 (12.50%) Integration Testing
6 2 (12.50%) Continuous Improvement
6 2 (12.50%) Test Strategy
6 2 (12.50%) Test Automation

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 2 (12.50%) Exchange Server 2007
1 2 (12.50%) MS Exchange
Applications
1 2 (12.50%) MS Excel
1 2 (12.50%) MS Office
Business Applications
1 1 (6.25%) BusinessWorks
1 1 (6.25%) Front Arena
1 1 (6.25%) SAP FI
Communications & Networking
1 3 (18.75%) Firewall
2 2 (12.50%) DHCP
2 2 (12.50%) DNS
2 2 (12.50%) TCP/IP
2 2 (12.50%) VPN
3 1 (6.25%) SAN
Database & Business Intelligence
1 1 (6.25%) RDBMS
1 1 (6.25%) Relational Database
Development Applications
1 1 (6.25%) HP UFT
1 1 (6.25%) JIRA
1 1 (6.25%) JMeter
1 1 (6.25%) LoadRunner
1 1 (6.25%) Selenium
1 1 (6.25%) TestDirector
General
1 13 (81.25%) Finance
2 8 (50.00%) Banking
3 3 (18.75%) Investment Banking
4 2 (12.50%) Back Office
5 1 (6.25%) Financial Institution
5 1 (6.25%) Front Office
Job Titles
1 6 (37.50%) Analyst
2 2 (12.50%) Business Systems Analyst
2 2 (12.50%) Consultant
2 2 (12.50%) Infrastructure Specialist
2 2 (12.50%) SWIFT Consultant
2 2 (12.50%) Systems Analyst
3 1 (6.25%) Applications Support Analyst
3 1 (6.25%) Automation Tester
3 1 (6.25%) Banking Analyst
3 1 (6.25%) Contracts Manager
3 1 (6.25%) Front Arena Developer
3 1 (6.25%) IT Project Manager
3 1 (6.25%) QA Analyst
3 1 (6.25%) QA Leader
3 1 (6.25%) Quality Analyst
3 1 (6.25%) SAP Consultant
3 1 (6.25%) SAP FI Consultant
3 1 (6.25%) SWIFT Engineer
3 1 (6.25%) Technical Analyst
3 1 (6.25%) Test Leader
Libraries, Frameworks & Software Standards
1 3 (18.75%) FIX Protocol
2 2 (12.50%) Middleware
2 2 (12.50%) XML
2 2 (12.50%) XML Messaging
3 1 (6.25%) FpML
3 1 (6.25%) RabbitMQ
3 1 (6.25%) Web Services
Miscellaneous
1 4 (25.00%) Foreign Exchange (FX)
2 3 (18.75%) Equities
2 3 (18.75%) Fixed Income
3 2 (12.50%) Data Centre
3 2 (12.50%) Derivative
4 1 (6.25%) Analytical Skills
4 1 (6.25%) DTCC
4 1 (6.25%) Equity Derivative
4 1 (6.25%) Fintech
4 1 (6.25%) Hedge funds
4 1 (6.25%) PMI
4 1 (6.25%) Virtual Team
Operating Systems
1 5 (31.25%) Windows
2 3 (18.75%) Linux
2 3 (18.75%) Unix
2 3 (18.75%) Windows Server
2 3 (18.75%) Windows Server 2008
3 2 (12.50%) Solaris
3 2 (12.50%) Windows Server 2003
3 2 (12.50%) Windows Vista
4 1 (6.25%) Windows Server 2012
Processes & Methodologies
1 3 (18.75%) Project Management
2 2 (12.50%) Continuous Improvement
2 2 (12.50%) Integration Testing
2 2 (12.50%) PRINCE2
2 2 (12.50%) SDLC
2 2 (12.50%) Server Virtualisation
2 2 (12.50%) Stakeholder Management
2 2 (12.50%) Test Automation
2 2 (12.50%) Test Scripting
2 2 (12.50%) Test Strategy
3 1 (6.25%) Black-Box Testing
3 1 (6.25%) Cash Management
3 1 (6.25%) Electronic Trading
3 1 (6.25%) Internal Audit
3 1 (6.25%) Manual Testing
3 1 (6.25%) QMS
3 1 (6.25%) System Testing
3 1 (6.25%) Test Management
3 1 (6.25%) V-Model
3 1 (6.25%) Waterfall
Programming Languages
1 4 (25.00%) SQL
2 3 (18.75%) Java
3 1 (6.25%) C#
3 1 (6.25%) Python
3 1 (6.25%) Shell Script
Qualifications
1 2 (12.50%) ISTQB
2 1 (6.25%) PMI Certification
2 1 (6.25%) PMP
Quality Assurance & Compliance
1 3 (18.75%) ISO20022
2 2 (12.50%) ISO15022
2 2 (12.50%) QA
2 2 (12.50%) SEPA
3 1 (6.25%) ISO 9001
System Software
1 2 (12.50%) Active Directory
1 2 (12.50%) Microsoft Virtual Server
1 2 (12.50%) Virtual Servers
1 2 (12.50%) VMware Infrastructure
2 1 (6.25%) VMware ESX
Systems Management
1 2 (12.50%) vMotion
2 1 (6.25%) HP Quality Center
2 1 (6.25%) NetBackup
Vendors
1 3 (18.75%) Microsoft
1 3 (18.75%) VMware
2 2 (12.50%) TIBCO
3 1 (6.25%) Bloomberg
3 1 (6.25%) Citrix
3 1 (6.25%) Fidessa
3 1 (6.25%) HP
3 1 (6.25%) IBM
3 1 (6.25%) Microgen
3 1 (6.25%) Oracle
3 1 (6.25%) SAP
3 1 (6.25%) ServiceNow
3 1 (6.25%) Sun
3 1 (6.25%) SunGard
3 1 (6.25%) Sybase
3 1 (6.25%) Trayport
City, London
Harris Global
Rate: From £60,000 to £67,000 per annum + bonus and benefits
Posted: Yesterday