The first 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 16 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all terms in our Miscellaneous category for the City of London region.

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
16 Apr 2014
Same period 2013 Same period 2012
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 200 170 159
Rank change year-on-year
-30 -11
Contract jobs citing SWIFT 15 35 62
As % of all contract IT jobs located in the City of London 0.23% 0.55% 0.77%
As % of the Miscellaneous category 0.69% 1.77% 2.32%
Number of daily rates quoted 7 18 42
Average daily rate £550 £500 £450
Average daily rate % change year-on-year
+10.00% +11.11%
90% offered a daily rate of more than £520 £391 £303
10% offered a daily rate of more than £590 £589 £645
UK excluding London average daily rate £415 £420 £383
% change year-on-year
-1.19% +9.66%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £17.25 -
Miscellaneous Category
City of London
Contract IT job ads with a match in the
Miscellaneous category
2174 1975 2667
As % of all contract IT jobs located in the City of London 32.81% 31.30% 32.94%
Number of daily rates quoted 1624 1461 1990
Average daily rate £500 £475 £500
Average daily rate % change year-on-year
+5.26% -5.00%
90% offered a daily rate of more than £290 £300 £300
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £350 £345 £348
% change year-on-year
+1.44% -0.71%
Number of hourly rates quoted 34 55 81
Average hourly rate £22.50 £22.00 £22.00
Average hourly rate % change year-on-year
+2.27% -
90% offered a hourly rate of more than £11.50 £15.75 £12.50
10% offered a hourly rate of more than £41.00 £135.00 £46.20
UK excluding London average hourly rate £17.50 £22.50 £25.00
% change year-on-year
-22.22% -10.00%
SWIFT
London

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
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 16 April 2014, 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 27 (77.14%) Finance
2 25 (71.43%) Banking
3 14 (40.00%) HP Quality Center
3 14 (40.00%) QuickTest Pro
3 14 (40.00%) HP
4 11 (31.43%) User Acceptance Testing
5 9 (25.71%) Back Office
5 9 (25.71%) Integration Testing
5 9 (25.71%) Test Scripting
5 9 (25.71%) System Testing
6 8 (22.86%) QA
6 8 (22.86%) Java
7 7 (20.00%) XML
8 5 (14.29%) SQL
8 5 (14.29%) CHAP
8 5 (14.29%) CMS
8 5 (14.29%) Performance Testing
8 5 (14.29%) Relational Database
9 4 (11.43%) Equities
10 3 (8.57%) Financial Institution
10 3 (8.57%) Oracle
10 3 (8.57%) UNIX
10 3 (8.57%) RDBMS
10 3 (8.57%) Global One
10 3 (8.57%) Retail
10 3 (8.57%) Business Analysis
10 3 (8.57%) Investment Banking
11 2 (5.71%) Resource Management
11 2 (5.71%) Wealth Management
11 2 (5.71%) Matrix Management

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

For the 6 months to 16 April 2014, 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 5 (14.29%) CMS
2 1 (2.86%) WebSphere
2 1 (2.86%) TIBCO EMS
2 1 (2.86%) SAS
Applications
1 1 (2.86%) MS Visio
1 1 (2.86%) SPSS
Business Applications
1 3 (8.57%) Global One
2 1 (2.86%) SimCorp Dimension
2 1 (2.86%) SAP ERP
2 1 (2.86%) Temenos T24
2 1 (2.86%) Loanet
Cloud Services
1 1 (2.86%) SaaS
Communications & Networking
1 5 (14.29%) CHAP
Database & Business Intelligence
1 5 (14.29%) Relational Database
2 3 (8.57%) RDBMS
3 2 (5.71%) Data Warehouse
4 1 (2.86%) Data Mining
4 1 (2.86%) DB2
4 1 (2.86%) Crystal Reports
4 1 (2.86%) Oracle Reports
4 1 (2.86%) SQL Server Reporting Services
4 1 (2.86%) SQL Server Integration Services
4 1 (2.86%) Oracle Database 11g
4 1 (2.86%) Oracle Database
Development Applications
1 14 (40.00%) QuickTest Pro
General
1 27 (77.14%) Finance
2 25 (71.43%) Banking
3 9 (25.71%) Back Office
4 3 (8.57%) Retail
4 3 (8.57%) Investment Banking
4 3 (8.57%) Financial Institution
5 1 (2.86%) Retail Banking
5 1 (2.86%) Telecoms
5 1 (2.86%) Advertising
Job Titles
1 14 (40.00%) Analyst
2 10 (28.57%) Tester
3 8 (22.86%) Test Analyst
3 8 (22.86%) Systems Analyst
3 8 (22.86%) Systems Tester
3 8 (22.86%) Systems Test Analyst
3 8 (22.86%) Banking Analyst
4 5 (14.29%) Project Manager
4 5 (14.29%) Business Analyst
5 4 (11.43%) Test Manager
6 3 (8.57%) QA Manager
6 3 (8.57%) Programme Manager
7 2 (5.71%) Developer
7 2 (5.71%) Technical Analyst
7 2 (5.71%) Technical Business Analyst
7 2 (5.71%) Banking Business Analyst
7 2 (5.71%) Payments Business Analyst
8 1 (2.86%) Architect
8 1 (2.86%) Investment Banking Business Analyst
8 1 (2.86%) SAP PI Consultant
Libraries, Frameworks & Software Standards
1 7 (20.00%) XML
2 2 (5.71%) J2EE
3 1 (2.86%) EJB
3 1 (2.86%) JSP
3 1 (2.86%) Servlets
3 1 (2.86%) SOAP
3 1 (2.86%) .NET
3 1 (2.86%) EDI
3 1 (2.86%) Middleware
3 1 (2.86%) Hibernate
3 1 (2.86%) JRules
3 1 (2.86%) Spring
3 1 (2.86%) WebSphere Message Broker
3 1 (2.86%) SAP PI
Miscellaneous
1 4 (11.43%) Equities
2 2 (5.71%) Foreign Exchange (FX)
3 1 (2.86%) Fixed Income
3 1 (2.86%) DTCC
3 1 (2.86%) Reference Data
3 1 (2.86%) Visualisation
Operating Systems
1 3 (8.57%) UNIX
2 2 (5.71%) Windows
2 2 (5.71%) Solaris
2 2 (5.71%) Linux
Processes & Methodologies
1 11 (31.43%) User Acceptance Testing
2 9 (25.71%) Integration Testing
2 9 (25.71%) Test Scripting
2 9 (25.71%) System Testing
3 5 (14.29%) Performance Testing
4 3 (8.57%) Business Analysis
5 2 (5.71%) Cash Management
5 2 (5.71%) Data Management
5 2 (5.71%) Project Management
5 2 (5.71%) Validation
5 2 (5.71%) Stakeholder Management
5 2 (5.71%) Programme Management
5 2 (5.71%) Resource Management
5 2 (5.71%) Wealth Management
5 2 (5.71%) Matrix Management
6 1 (2.86%) Use Case
6 1 (2.86%) Asset Management
6 1 (2.86%) Migration
6 1 (2.86%) Change Management
6 1 (2.86%) Risk Management
Programming Languages
1 8 (22.86%) Java
2 5 (14.29%) SQL
3 1 (2.86%) JavaScript
3 1 (2.86%) Perl
3 1 (2.86%) PL/SQL
Qualifications
1 1 (2.86%) CFA
Quality Assurance & Compliance
1 8 (22.86%) QA
2 1 (2.86%) FATCA
2 1 (2.86%) EMIR
2 1 (2.86%) ISO 9000
Systems Management
1 14 (40.00%) HP Quality Center
Vendors
1 14 (40.00%) HP
2 3 (8.57%) Oracle
3 2 (5.71%) IBM
4 1 (2.86%) Microsoft
4 1 (2.86%) Temenos
4 1 (2.86%) Business Objects
4 1 (2.86%) SAP
4 1 (2.86%) Cognos
4 1 (2.86%) Actuate
4 1 (2.86%) TIBCO
4 1 (2.86%) Thunderhead
4 1 (2.86%) SimCorp
City of London
Interquest - Fulcrum Telecom
Rate: £500 - £525 per day
Posted: 21 hours ago
City of London
Huxley Associates
Rate: £500 - £600 per day
Posted: 6 days ago