Period
to 22 July 2018

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for ISO 20022 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ISO 20022 over the 6 months to 22 July 2018 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

ISO 20022
Central London > City of London
6 months to
22 Jul 2018
Same period 2017 Same period 2016
Rank 250 241 243
Rank change year-on-year -9 +2 +54
Contract jobs citing ISO 20022 5 1 2
As % of all contract IT jobs advertised in the City of London 0.071% 0.015% 0.029%
As % of the Quality Assurance & Compliance category 0.63% 0.11% 0.26%
Number of daily rates quoted 3 1 2
City of London median daily rate £550 £625 £444
Median daily rate % change year-on-year -12.00% +40.85% -22.83%
10th Percentile £474 £613 £382
90th Percentile £565 £638 £491
Central London median daily rate £550 £625 £444
% change year-on-year -12.00% +40.85% -22.83%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

ISO 20022 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
City of London
Contract vacancies with a requirement for quality assurance or compliance skills 790 947 761
As % of all contract IT jobs advertised in the City of London 11.25% 14.57% 11.12%
Number of daily rates quoted 580 708 588
City of London median daily rate £475 £517 £475
Median daily rate % change year-on-year -8.03% +8.74% +5.56%
10th Percentile £310 £317 £306
90th Percentile £676 £688 £625
Central London median daily rate £488 £500 £451
% change year-on-year -2.50% +10.99% +0.11%
Number of hourly rates quoted 9 14 4
City of London median hourly rate £18.70 £14.93 £21.00
Median hourly rate % change year-on-year +25.29% -28.93% +21.74%
10th Percentile £13.52 £13.06 £18.95
90th Percentile £62.75 £30.35 £67.23
Central London median hourly rate £20.10 £14.80 £21.00
% change year-on-year +35.81% -29.52% +27.27%

ISO 20022
Job Vacancy Trend in the City of London

Job postings citing ISO 20022 as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for ISO 20022 in the City of London

ISO 20022
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing ISO 20022 in the City of London.

Contractor daily rate trend for ISO 20022 in the City of London

For the 6 months to 22 July 2018, IT contractor jobs citing ISO 20022 also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for ISO 20022.

1 5 (100.00%) Finance
1 5 (100.00%) Banking
1 5 (100.00%) PSD2
2 3 (60.00%) Acceptance Criteria
2 3 (60.00%) Sequence Diagram
2 3 (60.00%) Microservices
2 3 (60.00%) Confluence
2 3 (60.00%) Scrum
2 3 (60.00%) User Stories
2 3 (60.00%) JIRA
2 3 (60.00%) Use Case
2 3 (60.00%) Agile Software Development
3 2 (40.00%) E-Commerce
3 2 (40.00%) iPad
4 1 (20.00%) SWIFT
4 1 (20.00%) Data Privacy
4 1 (20.00%) Logical Data Model
4 1 (20.00%) Swagger
4 1 (20.00%) GDPR
4 1 (20.00%) Programme Delivery
4 1 (20.00%) Collaborative Working
4 1 (20.00%) Data Modelling
4 1 (20.00%) XML
4 1 (20.00%) UML
4 1 (20.00%) Back Office
4 1 (20.00%) Legal
4 1 (20.00%) Data Protection
4 1 (20.00%) Data Integration
4 1 (20.00%) YAML
4 1 (20.00%) Retail Banking

ISO 20022
Co-occurring 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 3 (60.00%) Confluence
Development Applications
1 3 (60.00%) JIRA
General
1 5 (100.00%) Banking
1 5 (100.00%) Finance
2 1 (20.00%) Back Office
2 1 (20.00%) Legal
2 1 (20.00%) Retail Banking
Job Titles
1 3 (60.00%) Agile Business Analyst
1 3 (60.00%) Business Analyst
2 2 (40.00%) Analyst
2 2 (40.00%) Project Analyst
3 1 (20.00%) Banking Business Analyst
3 1 (20.00%) Technical Business Analyst
Libraries, Frameworks & Software Standards
1 1 (20.00%) JSON
1 1 (20.00%) Swagger
1 1 (20.00%) XML
1 1 (20.00%) YAML
Miscellaneous
1 2 (40.00%) iPad
2 1 (20.00%) SWIFT
Processes & Methodologies
1 3 (60.00%) Acceptance Criteria
1 3 (60.00%) Agile Software Development
1 3 (60.00%) Microservices
1 3 (60.00%) Scrum
1 3 (60.00%) Sequence Diagram
1 3 (60.00%) Use Case
1 3 (60.00%) User Stories
2 2 (40.00%) E-Commerce
3 1 (20.00%) Collaborative Working
3 1 (20.00%) Data Integration
3 1 (20.00%) Data Modelling
3 1 (20.00%) Data Privacy
3 1 (20.00%) Data Protection
3 1 (20.00%) Logical Data Model
3 1 (20.00%) Programme Delivery
3 1 (20.00%) UML
Quality Assurance & Compliance
1 5 (100.00%) PSD2
2 1 (20.00%) GDPR