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 6 March 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
6 Mar 2015
Same period 2014 Same period 2013
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 158 188 172
Rank change year-on-year
+30 -16
Contract jobs citing SWIFT 27 11 22
As % of all contract IT jobs located in the City of London 0.55% 0.19% 0.38%
As % of the Miscellaneous category 1.41% 0.51% 1.02%
Number of daily rates quoted 17 5 14
Average daily rate
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£475 £550 £400
Average daily rate % change year-on-year
-13.63% +37.50%
90% offered a daily rate of more than £350 £430 £333
10% offered a daily rate of more than £535 £598 £589
UK excluding London average daily rate £350 £423 £435
% change year-on-year
-17.15% -2.87%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
1910 2176 2154
As % of all contract IT jobs located in the City of London 38.62% 38.21% 37.55%
Number of daily rates quoted 1467 1571 1652
Average daily rate £463 £500 £475
Average daily rate % change year-on-year
-7.50% +5.26%
90% offered a daily rate of more than £300 £275 £300
10% offered a daily rate of more than £628 £650 £625
UK excluding London average daily rate £375 £350 £338
% change year-on-year
+7.14% +3.70%
Number of hourly rates quoted 28 43 48
Average hourly rate £17.87 £22.50 £21.13
Average hourly rate % change year-on-year
-20.60% +6.50%
90% offered a hourly rate of more than £13.25 £14.85 £14.00
10% offered a hourly rate of more than £23.50 £42.50 £135.00
UK excluding London average hourly rate £19.00 £17.50 £20.00
% change year-on-year
+8.57% -12.50%

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 6 March 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 6 March 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 45 (76.27%) Banking
2 43 (72.88%) Finance
3 26 (44.07%) User Acceptance Testing
4 19 (32.20%) Integration Testing
4 19 (32.20%) Financial Institution
5 18 (30.51%) Oracle
6 16 (27.12%) Cash Management
7 14 (23.73%) Business Analysis
8 13 (22.03%) UNIX
9 12 (20.34%) Linux
9 12 (20.34%) Project Management
10 11 (18.64%) SQL
10 11 (18.64%) Requirements Analysis
10 11 (18.64%) Investment Banking
10 11 (18.64%) Oracle Cash Management
11 10 (16.95%) CMS
12 9 (15.25%) QA
12 9 (15.25%) Analytical Skills
13 8 (13.56%) Waterfall
13 8 (13.56%) System Testing
13 8 (13.56%) Validation
14 7 (11.86%) Middleware
14 7 (11.86%) Fixed Income
14 7 (11.86%) Retail Banking
14 7 (11.86%) Systems Analysis
14 7 (11.86%) Retail
15 6 (10.17%) Degree
15 6 (10.17%) MS Excel
16 5 (8.47%) .NET
16 5 (8.47%) Microsoft

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

For the 6 months to 6 March 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 10 (16.95%) CMS
2 4 (6.78%) BizTalk Server
Applications
1 6 (10.17%) MS Excel
2 4 (6.78%) MS PowerPoint
3 3 (5.08%) MS Visio
4 2 (3.39%) MS Office
5 1 (1.69%) MS Project
Business Applications
1 11 (18.64%) Oracle Cash Management
2 3 (5.08%) HiPortfolio
3 2 (3.39%) Oracle Applications
3 2 (3.39%) Summit
3 2 (3.39%) Temenos T24
3 2 (3.39%) FLEXCUBE
4 1 (1.69%) Loan IQ
4 1 (1.69%) Temenos Globus
Communications & Networking
1 1 (1.69%) FTP
Database & Business Intelligence
1 5 (8.47%) Relational Database
2 4 (6.78%) RDBMS
3 3 (5.08%) Data Warehouse
4 2 (3.39%) Data Mining
4 2 (3.39%) PowerMart
5 1 (1.69%) SQL Server
5 1 (1.69%) MS Access
Development Applications
1 2 (3.39%) Visual Studio
1 2 (3.39%) Toad
2 1 (1.69%) Git (software)
2 1 (1.69%) Jenkins
General
1 45 (76.27%) Banking
2 43 (72.88%) Finance
3 19 (32.20%) Financial Institution
4 11 (18.64%) Investment Banking
5 7 (11.86%) Retail
5 7 (11.86%) Retail Banking
6 5 (8.47%) Back Office
7 4 (6.78%) Front Office
8 3 (5.08%) Legal
9 1 (1.69%) Wholesale Banking
Job Titles
1 42 (71.19%) Analyst
2 16 (27.12%) Systems Analyst
3 12 (20.34%) Business Analyst
4 8 (13.56%) Tester
4 8 (13.56%) Systems Tester
5 5 (8.47%) Support Analyst
6 4 (6.78%) Analyst Programmer
6 4 (6.78%) Programmer
6 4 (6.78%) Java Analyst Programmer
6 4 (6.78%) Operations Analyst
6 4 (6.78%) Java Programmer
7 3 (5.08%) Banking Business Analyst
7 3 (5.08%) Applications Support
7 3 (5.08%) Payments Business Analyst
8 2 (3.39%) Consultant
8 2 (3.39%) Platform Manager
8 2 (3.39%) Banking Analyst
8 2 (3.39%) Applications Support Analyst
8 2 (3.39%) Technical Analyst
9 1 (1.69%) Business Consultant
Libraries, Frameworks & Software Standards
1 7 (11.86%) Middleware
2 5 (8.47%) .NET
3 2 (3.39%) XML
3 2 (3.39%) WebSphere Message Broker
4 1 (1.69%) Murex MxML
4 1 (1.69%) REST
4 1 (1.69%) XML Schema
4 1 (1.69%) CGI
4 1 (1.69%) ASP.NET
4 1 (1.69%) FpML
4 1 (1.69%) JSON
4 1 (1.69%) FIX Protocol
Miscellaneous
1 9 (15.25%) Analytical Skills
2 7 (11.86%) Fixed Income
3 5 (8.47%) Derivative
4 4 (6.78%) Equities
5 2 (3.39%) iSeries
6 1 (1.69%) iPad
6 1 (1.69%) Computer Science
6 1 (1.69%) PMI
6 1 (1.69%) Foreign Exchange (FX)
6 1 (1.69%) Mainframe
Operating Systems
1 13 (22.03%) UNIX
2 12 (20.34%) Linux
3 4 (6.78%) Windows
4 2 (3.39%) AIX
5 1 (1.69%) Apple iOS
Processes & Methodologies
1 26 (44.07%) User Acceptance Testing
2 19 (32.20%) Integration Testing
3 16 (27.12%) Cash Management
4 14 (23.73%) Business Analysis
5 12 (20.34%) Project Management
6 11 (18.64%) Requirements Analysis
7 8 (13.56%) Waterfall
7 8 (13.56%) System Testing
7 8 (13.56%) Validation
8 7 (11.86%) Systems Analysis
9 4 (6.78%) Multithreading
9 4 (6.78%) V-Model
9 4 (6.78%) Agile Software Development
10 3 (5.08%) Asset Management
10 3 (5.08%) Change Management
10 3 (5.08%) ITIL
10 3 (5.08%) PRINCE2
10 3 (5.08%) Risk Management
11 2 (3.39%) Use Case
11 2 (3.39%) UML
Programming Languages
1 11 (18.64%) SQL
2 4 (6.78%) Java
2 4 (6.78%) Perl
3 1 (1.69%) PL/SQL
3 1 (1.69%) VB
3 1 (1.69%) Shell Script
3 1 (1.69%) C++
Qualifications
1 6 (10.17%) Degree
2 3 (5.08%) IIBA
3 2 (3.39%) VCP4
4 1 (1.69%) PMI Certification
4 1 (1.69%) MBA
4 1 (1.69%) CBAP
Quality Assurance & Compliance
1 9 (15.25%) QA
2 4 (6.78%) ISO 9001
Systems Management
1 2 (3.39%) Control-M
2 1 (1.69%) HP Quality Center
2 1 (1.69%) yum
2 1 (1.69%) Opscode Chef
Vendors
1 18 (30.51%) Oracle
2 5 (8.47%) Microsoft
3 4 (6.78%) Sybase
4 2 (3.39%) Business Objects
4 2 (3.39%) SunGard
4 2 (3.39%) Informatica
4 2 (3.39%) MKS
4 2 (3.39%) IBM
5 1 (1.69%) Ab Initio
5 1 (1.69%) jBASE
5 1 (1.69%) Mantas
5 1 (1.69%) Actimize
5 1 (1.69%) Apple
5 1 (1.69%) Bloomberg
5 1 (1.69%) Charles River
5 1 (1.69%) Cognos
5 1 (1.69%) Murex
5 1 (1.69%) Misys
5 1 (1.69%) Temenos
City of London
Interquest - IQ ESM
Rate: £450 - £550 per day
Posted: 9 days ago
London City, England
Computer Recruitment Services
Rate: 500 GBP/day negotiable
Posted: 27 days ago