The first table below looks at the prevalence of the term SWIFT in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited SWIFT over the 3 months to 18 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 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
18 Apr 2014
Same period 2013 Same period 2012
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 346 314 294
Rank change year-on-year
-32 -20
Contract jobs citing SWIFT 66 75 132
As % of all contract IT jobs located in London 0.27% 0.35% 0.47%
As % of the Miscellaneous category 0.87% 1.06% 1.51%
Number of daily rates quoted 45 40 82
Average daily rate £513 £500 £473
Average daily rate % change year-on-year
+2.50% +5.82%
90% offered a daily rate of more than £418 £272 £291
10% offered a daily rate of more than £590 £566 £650
UK excluding London average daily rate £408 £420 £383
% change year-on-year
-2.97% +9.66%
Number of hourly rates quoted 0 0 6
Average hourly rate - - £25.00
UK excluding London average hourly rate - £17.25 -
Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
7582 7099 8753
As % of all contract IT jobs located in London 31.34% 32.86% 31.24%
Number of daily rates quoted 5343 4946 5867
Average daily rate £450 £475 £475
Average daily rate % change year-on-year
-5.26% -
90% offered a daily rate of more than £275 £275 £288
10% offered a daily rate of more than £650 £625 £650
UK excluding London average daily rate £345 £340 £350
% change year-on-year
+1.47% -2.85%
Number of hourly rates quoted 136 167 227
Average hourly rate £21.75 £22.00 £22.50
Average hourly rate % change year-on-year
-1.13% -2.22%
90% offered a hourly rate of more than £13.80 £14.15 £13.00
10% offered a hourly rate of more than £40.20 £54.00 £47.60
UK excluding London average hourly rate £17.50 £21.00 £25.00
% change year-on-year
-16.66% -16.00%
SWIFT
England

SWIFT
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing SWIFT across the London region as a proportion of the total demand within the Miscellaneous category.

SWIFT Jobs Demand Trend in London

SWIFT
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing SWIFT across the London region.

SWIFT Daily Rate Trend in London

SWIFT
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing SWIFT across the London region over the 3 months to 18 April 2014.

SWIFT Daily Rate Histogram in London

SWIFT
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing SWIFT across the London region.

SWIFT Hourly Rate Trend in London

SWIFT
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing SWIFT within the London region over the 3 months to 18 April 2014. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Find
Job
Vacancies
City of London -33 15 £550 +10.00% 7
Canary Wharf - - - -
SWIFT
England

SWIFT
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, IT contractor jobs across the 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 79 (62.20%) Banking
2 73 (57.48%) Finance
3 38 (29.92%) XML
4 29 (22.83%) IBM
5 26 (20.47%) Investment Banking
6 20 (15.75%) HP
6 20 (15.75%) Java
7 19 (14.96%) SQL
7 19 (14.96%) Oracle
8 18 (14.17%) User Acceptance Testing
9 17 (13.39%) HP Quality Center
9 17 (13.39%) Business Analysis
10 16 (12.60%) UNIX
11 15 (11.81%) QuickTest Pro
11 15 (11.81%) Back Office
11 15 (11.81%) SAP
12 14 (11.02%) Use Case
13 13 (10.24%) TIBCO
13 13 (10.24%) Project Management
14 12 (9.45%) Foreign Exchange (FX)
14 12 (9.45%) Validation
14 12 (9.45%) QA
14 12 (9.45%) Derivative
15 11 (8.66%) WebSphere Message Broker
15 11 (8.66%) Test Scripting
15 11 (8.66%) System Testing
15 11 (8.66%) SOAP
15 11 (8.66%) EDI
15 11 (8.66%) Relational Database
16 10 (7.87%) RosettaNet

SWIFT
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, IT contractor jobs across the 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 6 (4.72%) CMS
1 6 (4.72%) WebSphere
2 5 (3.94%) MQSeries
3 4 (3.15%) Tomcat
4 3 (2.36%) TIBCO EMS
4 3 (2.36%) SAS
5 2 (1.57%) WebLogic
6 1 (0.79%) Liferay
6 1 (0.79%) CICS
6 1 (0.79%) Apache
Applications
1 3 (2.36%) SPSS
1 3 (2.36%) MS Office
2 1 (0.79%) Spreadsheet
2 1 (0.79%) MS Excel
2 1 (0.79%) MS Visio
2 1 (0.79%) MS Project
Business Applications
1 6 (4.72%) SAP ERP
2 4 (3.15%) SAP FI
3 2 (1.57%) Global One
3 2 (1.57%) Temenos T24
4 1 (0.79%) Loanet
4 1 (0.79%) Misys Midas
4 1 (0.79%) SimCorp Dimension
4 1 (0.79%) MultiFonds
Cloud Services
1 1 (0.79%) SaaS
Communications & Networking
1 5 (3.94%) CHAP
2 2 (1.57%) VPN
3 1 (0.79%) SSH
3 1 (0.79%) LDAP
3 1 (0.79%) SSL
3 1 (0.79%) FTP
Database & Business Intelligence
1 11 (8.66%) Relational Database
2 6 (4.72%) RDBMS
3 4 (3.15%) Data Mining
3 4 (3.15%) Data Warehouse
4 3 (2.36%) Oracle Database
4 3 (2.36%) Sybase ASE
5 2 (1.57%) DB2
5 2 (1.57%) SQL Server Reporting Services
5 2 (1.57%) SQL Server Integration Services
5 2 (1.57%) Oracle Database 11g
6 1 (0.79%) Spotfire
6 1 (0.79%) OLTP
6 1 (0.79%) Oracle Reports
6 1 (0.79%) SQL Server
6 1 (0.79%) Crystal Reports
Development Applications
1 15 (11.81%) QuickTest Pro
2 5 (3.94%) JUnit
3 4 (3.15%) Mockito
4 3 (2.36%) DbUnit
4 3 (2.36%) FitNesse
4 3 (2.36%) EasyMock
5 2 (1.57%) Maven
6 1 (0.79%) Jenkins
6 1 (0.79%) JIRA
6 1 (0.79%) Git (software)
6 1 (0.79%) Log4j
General
1 79 (62.20%) Banking
2 73 (57.48%) Finance
3 26 (20.47%) Investment Banking
4 15 (11.81%) Back Office
5 10 (7.87%) Retail
6 6 (4.72%) Financial Institution
7 3 (2.36%) International Banking
7 3 (2.36%) Billing
7 3 (2.36%) Legal
8 2 (1.57%) Pharmaceutical
8 2 (1.57%) Retail Banking
9 1 (0.79%) French Language
9 1 (0.79%) German Language
9 1 (0.79%) Corporate Banking
9 1 (0.79%) Wholesale Banking
9 1 (0.79%) Front Office
9 1 (0.79%) Manufacturing
9 1 (0.79%) Advertising
9 1 (0.79%) Telecoms
Job Titles
1 58 (45.67%) Analyst
2 34 (26.77%) Business Analyst
3 23 (18.11%) Payments Business Analyst
4 16 (12.60%) Test Analyst
5 15 (11.81%) Developer
6 12 (9.45%) Project Manager
6 12 (9.45%) Tester
7 11 (8.66%) Consultant
8 9 (7.09%) Architect
9 8 (6.30%) Systems Analyst
9 8 (6.30%) Banking Analyst
9 8 (6.30%) Systems Test Analyst
9 8 (6.30%) Java Developer
9 8 (6.30%) Systems Tester
10 6 (4.72%) SAP Consultant
11 5 (3.94%) Banking Business Analyst
11 5 (3.94%) SAP Manager
11 5 (3.94%) Senior Consultant
12 4 (3.15%) Test Manager
12 4 (3.15%) SAP Project Manager
Libraries, Frameworks & Software Standards
1 38 (29.92%) XML
2 11 (8.66%) WebSphere Message Broker
2 11 (8.66%) SOAP
2 11 (8.66%) EDI
3 9 (7.09%) Spring
4 6 (4.72%) SAP PI
5 5 (3.94%) Hibernate
5 5 (3.94%) Middleware
5 5 (3.94%) JMS
5 5 (3.94%) J2EE
6 4 (3.15%) Web Services
6 4 (3.15%) FpML
7 3 (2.36%) WebSphere MQ
7 3 (2.36%) JSP
8 2 (1.57%) .NET
8 2 (1.57%) Servlets
8 2 (1.57%) JDBC
9 1 (0.79%) REST
9 1 (0.79%) HornetQ
9 1 (0.79%) GWT
Miscellaneous
1 12 (9.45%) Foreign Exchange (FX)
1 12 (9.45%) Derivative
2 5 (3.94%) Equities
3 4 (3.15%) Market Risk
3 4 (3.15%) Credit Risk
4 3 (2.36%) Visualisation
5 2 (1.57%) Mainframe
6 1 (0.79%) Hedge funds
6 1 (0.79%) DTCC
6 1 (0.79%) Reference Data
6 1 (0.79%) Fixed Income
6 1 (0.79%) Management Information System
6 1 (0.79%) N-Tier
6 1 (0.79%) Client/Server
6 1 (0.79%) PMI
Operating Systems
1 16 (12.60%) UNIX
2 8 (6.30%) Linux
3 7 (5.51%) Windows
4 6 (4.72%) Solaris
5 2 (1.57%) Windows XP
5 2 (1.57%) Windows Server 2003
Processes & Methodologies
1 18 (14.17%) User Acceptance Testing
2 17 (13.39%) Business Analysis
3 14 (11.02%) Use Case
4 13 (10.24%) Project Management
5 12 (9.45%) Validation
6 11 (8.66%) Test Scripting
6 11 (8.66%) System Testing
7 10 (7.87%) Integration Testing
7 10 (7.87%) Cash Management
8 9 (7.09%) SOA
9 7 (5.51%) Workflow
10 6 (4.72%) ERP
10 6 (4.72%) Data Management
10 6 (4.72%) Performance Testing
11 5 (3.94%) Investment Management
11 5 (3.94%) Stakeholder Management
12 4 (3.15%) Configuration Management
12 4 (3.15%) Migration
12 4 (3.15%) Data Analysis
12 4 (3.15%) Wealth Management
Programming Languages
1 20 (15.75%) Java
2 19 (14.96%) SQL
3 9 (7.09%) Perl
4 4 (3.15%) Korn
5 3 (2.36%) Bash Shell
5 3 (2.36%) PL/SQL
6 2 (1.57%) JavaScript
7 1 (0.79%) Scala
7 1 (0.79%) Groovy
7 1 (0.79%) Shell Script
7 1 (0.79%) JCL
7 1 (0.79%) Python
7 1 (0.79%) COBOL
Qualifications
1 3 (2.36%) ISEB
2 2 (1.57%) CFA
3 1 (0.79%) Degree
3 1 (0.79%) ISTQB
3 1 (0.79%) MBA
3 1 (0.79%) PMI Certification
Quality Assurance & Compliance
1 12 (9.45%) QA
2 10 (7.87%) RosettaNet
3 2 (1.57%) ISO 9000
3 2 (1.57%) SLA
4 1 (0.79%) FATCA
4 1 (0.79%) EMIR
4 1 (0.79%) ISO 8583
Systems Management
1 17 (13.39%) HP Quality Center
2 2 (1.57%) Tivoli
Vendors
1 29 (22.83%) IBM
2 20 (15.75%) HP
3 19 (14.96%) Oracle
4 15 (11.81%) SAP
5 13 (10.24%) TIBCO
6 8 (6.30%) Software AG
7 6 (4.72%) Sybase
8 5 (3.94%) Misys
9 3 (2.36%) Thunderhead
10 2 (1.57%) JBoss
10 2 (1.57%) Temenos
10 2 (1.57%) Cognos
11 1 (0.79%) Tableau
11 1 (0.79%) Sencha
11 1 (0.79%) Fundtech
11 1 (0.79%) Avaloq
11 1 (0.79%) SimCorp
11 1 (0.79%) GoldenSource
11 1 (0.79%) jBASE
11 1 (0.79%) Perforce
London
Experis IT
Rate: £420 - £520 per day
Posted: 2 days ago
London
Experis IT
Rate: £500 - £520 per day
Posted: 2 days ago
City of London
Interquest - Fulcrum Telecom
Rate: £500 - £525 per day
Posted: 3 days ago
London
Experis IT
Rate: £500 - £580 per day
Posted: 5 days ago
City of London
Huxley Associates
Rate: £500 - £600 per day
Posted: 9 days ago