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 13 February 2016 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
13 Feb 2016
Same period 2015 Same period 2014
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 123 164 193
Rank change year-on-year
+41 +29
Contract jobs citing SWIFT 20 26 13
As % of all contract IT jobs located in the City of London 0.65% 0.51% 0.22%
As % of the Miscellaneous category 1.63% 1.33% 0.56%
Number of daily rates quoted 13 20 7
Average daily rate £613 £481 £500
Average daily rate % change year-on-year
+27.27% -3.75%
90% offered a daily rate of more than £430 £338 £445
10% offered a daily rate of more than £725 £525 £535
UK excluding London average daily rate £300 £350 £423
% change year-on-year
-14.28% -17.15%
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
1229 1962 2314
As % of all contract IT jobs located in the City of London 39.85% 38.68% 39.00%
Number of daily rates quoted 943 1541 1672
Average daily rate £500 £450 £500
Average daily rate % change year-on-year
+11.11% -10.00%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £675 £625 £650
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 28 30 39
Average hourly rate £19.99 £17.87 £22.44
Average hourly rate % change year-on-year
+11.89% -20.37%
90% offered a hourly rate of more than £12.90 £13.25 £16.05
10% offered a hourly rate of more than £35.60 £27.37 £42.50
UK excluding London average hourly rate £22.50 £17.50 £17.50
% change year-on-year
+28.57% -

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 13 February 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 13 February 2016, 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 32 (72.73%) Finance
2 29 (65.91%) Banking
3 24 (54.55%) SEPA
4 11 (25.00%) Integration Testing
5 10 (22.73%) User Acceptance Testing
5 10 (22.73%) QA
5 10 (22.73%) System Integration Testing
5 10 (22.73%) Project Management
6 9 (20.45%) Test Scripting
7 8 (18.18%) Firewall
7 8 (18.18%) SQL
8 7 (15.91%) Investment Banking
8 7 (15.91%) System Testing
9 6 (13.64%) Windows
9 6 (13.64%) TCP/IP
10 5 (11.36%) Oracle
10 5 (11.36%) XML
10 5 (11.36%) PRINCE2
10 5 (11.36%) Unix
10 5 (11.36%) Front Office
10 5 (11.36%) Back Office
10 5 (11.36%) SDLC
10 5 (11.36%) Anti-Money Laundering
10 5 (11.36%) Online Banking
10 5 (11.36%) Business Analysis
10 5 (11.36%) Degree
11 4 (9.09%) ISO20022
11 4 (9.09%) Cash Management
11 4 (9.09%) HP Quality Center
11 4 (9.09%) Stakeholder Management

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

For the 6 months to 13 February 2016, 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 3 (6.82%) Exchange Server 2007
1 3 (6.82%) MQSeries
1 3 (6.82%) MS Exchange
1 3 (6.82%) Tomcat
1 3 (6.82%) WebSphere
1 3 (6.82%) WebSphere Application Server
Applications
1 3 (6.82%) MS Excel
1 3 (6.82%) MS Office
Business Applications
1 3 (6.82%) Front Arena
Communications & Networking
1 8 (18.18%) Firewall
2 6 (13.64%) TCP/IP
3 3 (6.82%) DHCP
3 3 (6.82%) DNS
3 3 (6.82%) SWIFTNet
3 3 (6.82%) VPN
Database & Business Intelligence
1 1 (2.27%) RDBMS
1 1 (2.27%) Relational Database
Development Applications
1 2 (4.55%) HP UFT
2 1 (2.27%) JIRA
2 1 (2.27%) TestDirector
General
1 32 (72.73%) Finance
2 29 (65.91%) Banking
3 7 (15.91%) Investment Banking
4 5 (11.36%) Back Office
4 5 (11.36%) Front Office
5 2 (4.55%) Wholesale Banking
Job Titles
1 24 (54.55%) Analyst
2 10 (22.73%) Banking Analyst
2 10 (22.73%) Business Analyst
2 10 (22.73%) Test Analyst
3 9 (20.45%) Systems Analyst
4 7 (15.91%) Systems Test Analyst
4 7 (15.91%) Systems Tester
4 7 (15.91%) Tester
5 6 (13.64%) Payments Business Analyst
5 6 (13.64%) SWIFT Specialist
6 4 (9.09%) Business IT Analyst
6 4 (9.09%) Business Systems Analyst
6 4 (9.09%) Developer
6 4 (9.09%) IT Analyst
6 4 (9.09%) IT Business Analyst
6 4 (9.09%) Project Manager
7 3 (6.82%) Infrastructure Specialist
7 3 (6.82%) Programme Manager
7 3 (6.82%) SWIFT Engineer
8 2 (4.55%) Test Programme Manager
Libraries, Frameworks & Software Standards
1 5 (11.36%) XML
2 4 (9.09%) Middleware
3 3 (6.82%) FIX Protocol
3 3 (6.82%) FpML
3 3 (6.82%) JMS
3 3 (6.82%) RabbitMQ
3 3 (6.82%) XML Messaging
4 1 (2.27%) PAYMUL
Miscellaneous
1 5 (11.36%) Online Banking
2 4 (9.09%) Fixed Income
2 4 (9.09%) Foreign Exchange (FX)
3 3 (6.82%) Data Centre
3 3 (6.82%) Derivative
3 3 (6.82%) Equity Derivative
3 3 (6.82%) Hedge funds
4 2 (4.55%) Analytical Skills
5 1 (2.27%) APACS
5 1 (2.27%) CMDB
5 1 (2.27%) Equities
Operating Systems
1 6 (13.64%) Windows
2 5 (11.36%) Unix
3 3 (6.82%) Linux
3 3 (6.82%) Windows Server
3 3 (6.82%) Windows Server 2003
3 3 (6.82%) Windows Server 2008
3 3 (6.82%) Windows Vista
Processes & Methodologies
1 11 (25.00%) Integration Testing
2 10 (22.73%) Project Management
2 10 (22.73%) System Integration Testing
2 10 (22.73%) User Acceptance Testing
3 9 (20.45%) Test Scripting
4 7 (15.91%) System Testing
5 5 (11.36%) Anti-Money Laundering
5 5 (11.36%) Business Analysis
5 5 (11.36%) PRINCE2
5 5 (11.36%) SDLC
6 4 (9.09%) Cash Management
6 4 (9.09%) Stakeholder Management
7 3 (6.82%) Business Continuity
7 3 (6.82%) Change Management
7 3 (6.82%) Unit Testing
8 2 (4.55%) Automated Testing
8 2 (4.55%) B2B
8 2 (4.55%) Continuous Integration
8 2 (4.55%) Kalman Filter
8 2 (4.55%) TDD
Programming Languages
1 8 (18.18%) SQL
2 4 (9.09%) Shell Script
3 3 (6.82%) C#
3 3 (6.82%) Python
4 2 (4.55%) Java
5 1 (2.27%) C
Qualifications
1 5 (11.36%) Degree
2 1 (2.27%) ISTQB
Quality Assurance & Compliance
1 24 (54.55%) SEPA
2 10 (22.73%) QA
3 4 (9.09%) ISO20022
4 3 (6.82%) ISO15022
5 2 (4.55%) TARGET2
6 1 (2.27%) ISO 9001
System Software
1 3 (6.82%) Active Directory
1 3 (6.82%) Microsoft Virtual Server
1 3 (6.82%) VMware Infrastructure
Systems Management
1 4 (9.09%) HP Quality Center
2 3 (6.82%) vMotion
Vendors
1 5 (11.36%) Oracle
2 3 (6.82%) Bloomberg
2 3 (6.82%) HP
2 3 (6.82%) IBM
2 3 (6.82%) Microsoft
2 3 (6.82%) SunGard
2 3 (6.82%) VMware
3 1 (2.27%) Microgen
3 1 (2.27%) Sybase
City of London
Real Staffing
Rate: £300 - £350 per day
Posted: 11 days ago
City of London
Deerfoot IT Resources Ltd
Rate: £400 - £450 per day
Posted: 15 days ago