The 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 4 August 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
4 Aug 2015
Same period 2014 Same period 2013
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Rank 317 350 328
Rank change year-on-year
+33 -22
Contract jobs citing SWIFT 96 65 92
As % of all contract IT jobs located in London 0.41% 0.28% 0.38%
As % of the Miscellaneous category 1.14% 0.74% 0.98%
Number of daily rates quoted 53 42 65
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£475 £400 £500
Average daily rate % change year-on-year
+18.75% -20.00%
90% offered a daily rate of more than £325 £287 £335
10% offered a daily rate of more than £570 £625 £590
UK excluding London average daily rate £400 £411 £450
% change year-on-year
-2.67% -8.66%
Number of hourly rates quoted 2 0 5
Average hourly rate £18.00 - £17.93
UK excluding London average hourly rate - - -
SWIFT
England

The following table is for comparison with the above and provides statistics for the entire Miscellaneous category in contract jobs advertised in the London region.

Miscellaneous Category
London
Contract IT job ads with a match in the
Miscellaneous category
8440 8788 9404
As % of all contract IT jobs located in London 36.00% 37.44% 38.73%
Number of daily rates quoted 5874 5909 6345
Average daily rate £475 £450 £450
Average daily rate % change year-on-year
+5.55% -
90% offered a daily rate of more than £275 £275 £275
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 161 166 202
Average hourly rate £20.00 £19.00 £22.00
Average hourly rate % change year-on-year
+5.26% -13.63%
90% offered a hourly rate of more than £14.90 £14.04 £14.00
10% offered a hourly rate of more than £52.17 £45.00 £42.50
UK excluding London average hourly rate £19.08 £21.00 £20.00
% change year-on-year
-9.14% +5.00%

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 4 August 2015.

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 4 August 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London 0 37 £500 +42.85% 5
Bromley - 3 £500 -
Canary Wharf - 2 - -
Docklands, London - 1 - -
SWIFT
England

SWIFT
Top 30 Related IT Skills in London

For the 6 months to 4 August 2015, 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.

1 118 (64.13%) Banking
2 110 (59.78%) Finance
3 42 (22.83%) SQL
3 42 (22.83%) User Acceptance Testing
4 38 (20.65%) Business Analysis
5 31 (16.85%) Investment Banking
6 29 (15.76%) Project Management
7 28 (15.22%) QA
8 26 (14.13%) Integration Testing
9 23 (12.50%) Test Scripting
9 23 (12.50%) Cash Management
10 22 (11.96%) UNIX
11 21 (11.41%) Middleware
11 21 (11.41%) Back Office
12 19 (10.33%) System Testing
12 19 (10.33%) System Integration Testing
13 17 (9.24%) Linux
14 16 (8.70%) XML
14 16 (8.70%) Java
14 16 (8.70%) IBM
14 16 (8.70%) Fixed Income
15 15 (8.15%) Migration
15 15 (8.15%) Stakeholder Management
15 15 (8.15%) ISEB
15 15 (8.15%) Wholesale Banking
16 14 (7.61%) Use Case
16 14 (7.61%) Perl
16 14 (7.61%) Foreign Exchange (FX)
17 12 (6.52%) Front Office
17 12 (6.52%) Validation

SWIFT
Top Related IT Skills in London by Category

For the 6 months to 4 August 2015, 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 9 (4.89%) WebSphere
2 2 (1.09%) WebLogic
2 2 (1.09%) MQSeries
3 1 (0.54%) SharePoint
3 1 (0.54%) CICS
Applications
1 6 (3.26%) MS Office
2 4 (2.17%) MS Project
3 3 (1.63%) MS Excel
3 3 (1.63%) MS Visio
4 1 (0.54%) MS PowerPoint
Business Applications
1 4 (2.17%) Algo Collateral
2 3 (1.63%) Temenos T24
3 2 (1.09%) IntelliMatch
3 2 (1.09%) ACBS
3 2 (1.09%) Kondor+
3 2 (1.09%) Loan IQ
3 2 (1.09%) Misys Midas
4 1 (0.54%) Loanet
4 1 (0.54%) SAP Business ByDesign
4 1 (0.54%) HiPortfolio
4 1 (0.54%) Global One
4 1 (0.54%) Temenos Globus
4 1 (0.54%) SimCorp Dimension
Cloud Services
1 1 (0.54%) SaaS
1 1 (0.54%) PaaS
1 1 (0.54%) Office 365
1 1 (0.54%) IaaS
Communications & Networking
1 5 (2.72%) ATM
1 5 (2.72%) FTP
2 3 (1.63%) SWIFTNet
3 2 (1.09%) PABX
3 2 (1.09%) ISDN
3 2 (1.09%) LAN
4 1 (0.54%) WAN
4 1 (0.54%) SMTP
4 1 (0.54%) SSL
4 1 (0.54%) VLAN
Database & Business Intelligence
1 9 (4.89%) RDBMS
1 9 (4.89%) Relational Database
2 4 (2.17%) OLTP
2 4 (2.17%) SQL Server
3 3 (1.63%) PowerCenter
4 2 (1.09%) Data Mart
4 2 (1.09%) QlikView
4 2 (1.09%) Oracle Database
4 2 (1.09%) MS Access
4 2 (1.09%) Data Warehouse
5 1 (0.54%) Data Mining
5 1 (0.54%) DB2
Development Applications
1 5 (2.72%) HP UFT
2 3 (1.63%) Selenium
3 2 (1.09%) FitNesse
3 2 (1.09%) Team Foundation Server
4 1 (0.54%) LoadRunner
4 1 (0.54%) JIRA
4 1 (0.54%) ClearCase
General
1 118 (64.13%) Banking
2 110 (59.78%) Finance
3 31 (16.85%) Investment Banking
4 21 (11.41%) Back Office
5 15 (8.15%) Wholesale Banking
6 12 (6.52%) Front Office
7 11 (5.98%) Financial Institution
8 8 (4.35%) Corporate Banking
9 6 (3.26%) French Language
10 4 (2.17%) Retail
10 4 (2.17%) Telecoms
11 3 (1.63%) Legal
11 3 (1.63%) Billing
12 2 (1.09%) Law
13 1 (0.54%) Advertising
13 1 (0.54%) Retail Banking
Job Titles
1 101 (54.89%) Analyst
2 55 (29.89%) Business Analyst
3 18 (9.78%) Tester
3 18 (9.78%) Test Analyst
4 15 (8.15%) Payments Business Analyst
5 14 (7.61%) Project Manager
5 14 (7.61%) Systems Tester
6 13 (7.07%) Architect
7 12 (6.52%) Support Analyst
8 10 (5.43%) Developer
9 9 (4.89%) Applications Support
9 9 (4.89%) Systems Analyst
9 9 (4.89%) SWIFT Engineer
10 8 (4.35%) Technical Analyst
10 8 (4.35%) Solutions Architect
10 8 (4.35%) Applications Support Analyst
11 7 (3.80%) Middleware Engineer
11 7 (3.80%) Banking Analyst
11 7 (3.80%) Banking Business Analyst
12 6 (3.26%) Fixed Income Business Analyst
Libraries, Frameworks & Software Standards
1 21 (11.41%) Middleware
2 16 (8.70%) XML
3 8 (4.35%) .NET
4 6 (3.26%) WebSphere MQ
4 6 (3.26%) TIBCO EMS
5 3 (1.63%) FIX Protocol
5 3 (1.63%) WebSphere Message Broker
5 3 (1.63%) XML Messaging
5 3 (1.63%) XSLT
6 2 (1.09%) XML Schema
6 2 (1.09%) CGI
7 1 (0.54%) HTML
7 1 (0.54%) FpML
Miscellaneous
1 16 (8.70%) Fixed Income
2 14 (7.61%) Foreign Exchange (FX)
3 11 (5.98%) Analytical Skills
4 9 (4.89%) Equities
5 6 (3.26%) Derivative
6 3 (1.63%) DataPower
6 3 (1.63%) PMI
6 3 (1.63%) Mainframe
7 2 (1.09%) EFT
7 2 (1.09%) STB
7 2 (1.09%) Credit Derivative
7 2 (1.09%) iSeries
7 2 (1.09%) Mobile Payment
7 2 (1.09%) Equity Derivative
8 1 (0.54%) Computer Science
8 1 (0.54%) Reference Data
8 1 (0.54%) Economics
8 1 (0.54%) Tandem
Operating Systems
1 22 (11.96%) UNIX
2 17 (9.24%) Linux
3 11 (5.98%) Solaris
4 9 (4.89%) Windows
5 5 (2.72%) Windows 7
6 3 (1.63%) VMS
7 2 (1.09%) Windows Server 2003
7 2 (1.09%) Windows Server 2008
8 1 (0.54%) Red Hat Enterprise Linux
8 1 (0.54%) AIX
Processes & Methodologies
1 42 (22.83%) User Acceptance Testing
2 38 (20.65%) Business Analysis
3 29 (15.76%) Project Management
4 26 (14.13%) Integration Testing
5 23 (12.50%) Test Scripting
5 23 (12.50%) Cash Management
6 19 (10.33%) System Integration Testing
6 19 (10.33%) System Testing
7 15 (8.15%) Migration
7 15 (8.15%) Stakeholder Management
8 14 (7.61%) Use Case
9 12 (6.52%) Validation
9 12 (6.52%) UML
10 11 (5.98%) Data Modelling
10 11 (5.98%) Software Testing
11 9 (4.89%) B2B
11 9 (4.89%) PRINCE2
12 8 (4.35%) RUP
12 8 (4.35%) Agile Software Development
12 8 (4.35%) Test Planning
Programming Languages
1 42 (22.83%) SQL
2 16 (8.70%) Java
3 14 (7.61%) Perl
4 10 (5.43%) PL/SQL
5 8 (4.35%) C
6 7 (3.80%) Shell Script
7 6 (3.26%) C++
8 3 (1.63%) C#
8 3 (1.63%) DCL
8 3 (1.63%) VBA
9 2 (1.09%) COBOL
10 1 (0.54%) JavaScript
10 1 (0.54%) Python
10 1 (0.54%) Korn
10 1 (0.54%) Bash Shell
Qualifications
1 15 (8.15%) ISEB
2 12 (6.52%) ISTQB
3 7 (3.80%) Degree
4 5 (2.72%) IIBA
4 5 (2.72%) PMI Certification
5 2 (1.09%) PMP
5 2 (1.09%) ISTQB Foundation Certification
6 1 (0.54%) CISA
6 1 (0.54%) CISM
6 1 (0.54%) MBA
6 1 (0.54%) ISEB Practitioner
6 1 (0.54%) CBAP
6 1 (0.54%) CRISC
Quality Assurance & Compliance
1 28 (15.22%) QA
2 3 (1.63%) SLA
3 1 (0.54%) ISO 8583
3 1 (0.54%) ISO/IEC 27001
3 1 (0.54%) Basel III
3 1 (0.54%) EMIR
System Software
1 3 (1.63%) Active Directory
Systems Management
1 11 (5.98%) HP Quality Center
2 3 (1.63%) Tivoli
Vendors
1 16 (8.70%) IBM
2 11 (5.98%) Oracle
3 9 (4.89%) HP
4 7 (3.80%) TIBCO
5 5 (2.72%) Microsoft
5 5 (2.72%) Green Hat
6 4 (2.17%) Murex
6 4 (2.17%) Sybase
6 4 (2.17%) Cognos
7 3 (1.63%) Cisco
7 3 (1.63%) Informatica
7 3 (1.63%) Misys
7 3 (1.63%) Bloomberg
8 2 (1.09%) VMware
8 2 (1.09%) Actimize
8 2 (1.09%) Temenos
8 2 (1.09%) Calypso
8 2 (1.09%) SmartStream
8 2 (1.09%) PeopleSoft
8 2 (1.09%) Reuters
City, London
TalentFlow
Rate: Up to £440 per day
Posted: 5 hours ago
London
Canary Wharf and City
Rate: Up to £500 per day
Posted: 7 hours ago
London
McGregor Boyall
Rate: £500 - £555 per day
Posted: 21 hours ago
City, London
McGregor Boyall
Rate: £140 - £180 per day
Posted: 22 hours ago
City of London
Deerfoot IT
Rate: £600 - £650 per day
Posted: 15 days ago