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 28 September 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
28 Sep 2016
Same period 2015 Same period 2014
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 156 157 181
Rank change year-on-year
+1 +24
Contract jobs citing SWIFT 10 31 28
As % of all contract IT jobs located in the City of London 0.29% 0.66% 0.48%
As % of the Miscellaneous category 0.71% 1.70% 1.31%
Number of daily rates quoted 8 17 15
Median daily rate £444 £475 £500
Median daily rate % change year-on-year
-6.57% -5.00%
90% offered a daily rate of more than £388 £430 £310
10% offered a daily rate of more than £520 £575 £555
UK excluding London median daily rate £550 £450 £364
% change year-on-year
+22.22% +23.62%
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
1403 1827 2138
As % of all contract IT jobs located in the City of London 40.86% 38.96% 36.87%
Number of daily rates quoted 1096 1443 1538
Median daily rate £475 £475 £470
Median daily rate % change year-on-year
- +1.06%
90% offered a daily rate of more than £315 £295 £300
10% offered a daily rate of more than £650 £650 £650
UK excluding London median daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 10 30 54
Median hourly rate £17.25 £17.98 £18.50
Median hourly rate % change year-on-year
-4.06% -2.81%
90% offered a hourly rate of more than £12.50 £12.00 £12.10
10% offered a hourly rate of more than £45.25 £25.00 £33.65
UK excluding London median hourly rate £21.00 £18.52 £17.50
% change year-on-year
+13.39% +5.82%

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 28 September 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 28 September 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 15 (93.75%) Finance
2 9 (56.25%) Banking
3 5 (31.25%) Waterfall
3 5 (31.25%) Financial Institution
3 5 (31.25%) Oracle
4 4 (25.00%) SEPA
4 4 (25.00%) Agile Software Development
4 4 (25.00%) Business Analysis
5 3 (18.75%) Systems Analysis
5 3 (18.75%) User Acceptance Testing
5 3 (18.75%) Integration Testing
5 3 (18.75%) System Testing
5 3 (18.75%) V-Model
5 3 (18.75%) SDLC
5 3 (18.75%) Anti-Money Laundering
5 3 (18.75%) Cash Management
5 3 (18.75%) Project Management
5 3 (18.75%) .NET
5 3 (18.75%) Stakeholder Management
5 3 (18.75%) Linux
5 3 (18.75%) Windows
5 3 (18.75%) Foreign Exchange (FX)
6 2 (12.50%) BizTalk Server
6 2 (12.50%) SAN
6 2 (12.50%) TIBCO
6 2 (12.50%) Solaris
6 2 (12.50%) Sun
6 2 (12.50%) HP
6 2 (12.50%) Citrix
6 2 (12.50%) C

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%) BizTalk Server
1 2 (12.50%) CMS
1 2 (12.50%) WebSphere
Applications
1 1 (6.25%) MS Excel
1 1 (6.25%) MS Project
1 1 (6.25%) MS Visio
Business Applications
1 2 (12.50%) Oracle Cash Management
2 1 (6.25%) BusinessWorks
2 1 (6.25%) Oracle EBS
2 1 (6.25%) Oracle Internet Expenses
2 1 (6.25%) Payment Gateway
2 1 (6.25%) SAP FI
2 1 (6.25%) Summit
Communications & Networking
1 2 (12.50%) Firewall
1 2 (12.50%) SAN
2 1 (6.25%) SWIFTNet
Development Applications
1 1 (6.25%) HP UFT
1 1 (6.25%) JMeter
1 1 (6.25%) LoadRunner
1 1 (6.25%) Selenium
General
1 15 (93.75%) Finance
2 9 (56.25%) Banking
3 5 (31.25%) Financial Institution
4 2 (12.50%) Back Office
4 2 (12.50%) Investment Banking
4 2 (12.50%) Legal
5 1 (6.25%) Advertising
5 1 (6.25%) General Ledger
5 1 (6.25%) Retail
Job Titles
1 10 (62.50%) Analyst
2 4 (25.00%) Business Analyst
3 3 (18.75%) Project Manager
3 3 (18.75%) Systems Analyst
4 2 (12.50%) Business Systems Analyst
4 2 (12.50%) IT Manager
4 2 (12.50%) IT Project Manager
5 1 (6.25%) Business IT Analyst
5 1 (6.25%) Contracts Manager
5 1 (6.25%) Finance Project Manager
5 1 (6.25%) Financial Analyst
5 1 (6.25%) Financial Business Analyst
5 1 (6.25%) Firewall Consultant
5 1 (6.25%) Investment Banking Business Analyst
5 1 (6.25%) IT Business Analyst
5 1 (6.25%) IT Finance Manager
5 1 (6.25%) Operations Analyst
5 1 (6.25%) QA Analyst
5 1 (6.25%) Quality Analyst
5 1 (6.25%) SAP FI Consultant
Libraries, Frameworks & Software Standards
1 3 (18.75%) .NET
2 2 (12.50%) Web Services
2 2 (12.50%) XML
3 1 (6.25%) Middleware
3 1 (6.25%) SOAP
3 1 (6.25%) WSDL
Miscellaneous
1 3 (18.75%) Foreign Exchange (FX)
2 2 (12.50%) Analytical Skills
2 2 (12.50%) Equities
3 1 (6.25%) Derivative
3 1 (6.25%) DTCC
3 1 (6.25%) Fixed Income
3 1 (6.25%) Mobile Payment
3 1 (6.25%) PMI
Operating Systems
1 3 (18.75%) Linux
1 3 (18.75%) Windows
2 2 (12.50%) Solaris
2 2 (12.50%) Windows Server 2008
2 2 (12.50%) Windows Server 2012
Processes & Methodologies
1 5 (31.25%) Waterfall
2 4 (25.00%) Agile Software Development
2 4 (25.00%) Business Analysis
3 3 (18.75%) Anti-Money Laundering
3 3 (18.75%) Cash Management
3 3 (18.75%) Integration Testing
3 3 (18.75%) Project Management
3 3 (18.75%) SDLC
3 3 (18.75%) Stakeholder Management
3 3 (18.75%) System Testing
3 3 (18.75%) Systems Analysis
3 3 (18.75%) User Acceptance Testing
3 3 (18.75%) V-Model
4 2 (12.50%) Continuous Improvement
4 2 (12.50%) PRINCE2
4 2 (12.50%) Requirements Analysis
5 1 (6.25%) Asset Management
5 1 (6.25%) Performance Testing
5 1 (6.25%) Test Automation
5 1 (6.25%) Test Strategy
Programming Languages
1 2 (12.50%) C
1 2 (12.50%) Java
2 1 (6.25%) SQL
Qualifications
1 1 (6.25%) Degree
1 1 (6.25%) ISTQB
1 1 (6.25%) PMI Certification
1 1 (6.25%) PMP
Quality Assurance & Compliance
1 4 (25.00%) SEPA
2 2 (12.50%) TARGET2
3 1 (6.25%) ISO20022
3 1 (6.25%) QA
System Software
1 2 (12.50%) VMware ESX
Systems Management
1 2 (12.50%) NetBackup
Vendors
1 5 (31.25%) Oracle
2 2 (12.50%) Citrix
2 2 (12.50%) HP
2 2 (12.50%) SAP
2 2 (12.50%) Sun
2 2 (12.50%) TIBCO
2 2 (12.50%) VMware
3 1 (6.25%) Calypso
3 1 (6.25%) IBM
3 1 (6.25%) Microsoft
3 1 (6.25%) Murex
3 1 (6.25%) Sophis
City, London
Spring Technology
Posted: 23 hours ago