Period
to 24 November 2017

The table below looks at the prevalence of the term SWIFT in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFT over the 6 months to 24 November 2017 with a comparison to the same period over 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.

Society for Worldwide Interbank Financial Telecommunication (SWIFT)
Central London > City of London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 202 211 212
Rank change year-on-year +9 +1 +32
Contract jobs citing SWIFT 39 29 59
As % of all contract IT jobs advertised in the City of London 0.55% 0.43% 0.65%
As % of the Miscellaneous category 1.25% 1.07% 1.64%
Number of daily rates quoted 26 22 34
City of London median daily rate £475 £450 £475
Median daily rate % change year-on-year +5.56% -5.26% +1.06%
10th Percentile £334 £366 £313
90th Percentile £575 £631 £630
Central London median daily rate £475 £450 £475
% change year-on-year +5.56% -5.26% +1.06%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

SWIFT is in the Generic IT Skills 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 generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3114 2715 3589
As % of all contract IT jobs advertised in the City of London 43.55% 40.72% 39.49%
Number of daily rates quoted 2423 2110 2849
City of London median daily rate £525 £475 £475
Median daily rate % change year-on-year +10.53% - +5.56%
10th Percentile £325 £313 £275
90th Percentile £713 £675 £663
Central London median daily rate £525 £475 £475
% change year-on-year +10.53% - +5.56%
Number of hourly rates quoted 35 30 56
City of London median hourly rate £23.00 £19.00 £20.00
Median hourly rate % change year-on-year +21.05% -5.00% +14.29%
10th Percentile £13.31 £11.25 £12.00
90th Percentile £33.92 £55.00 £42.12
Central London median hourly rate £22.02 £18.45 £20.00
% change year-on-year +19.32% -7.75% +14.29%

SWIFT
Job Vacancy Trend in the City of London

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

Job vacancy trend for SWIFT in the City of London

SWIFT
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 SWIFT in the City of London.

Contractor daily rate trend for SWIFT in the City of London

SWIFT
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing SWIFT in the City of London over the 6 months to 24 November 2017.

Contractor daily rate histogram for SWIFT in the City of London

SWIFT
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for SWIFT in the City of London

For the 6 months to 24 November 2017, 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 30 (76.92%) Banking
2 17 (43.59%) Finance
2 17 (43.59%) SEPA
3 13 (33.33%) Java
3 13 (33.33%) Investment Banking
4 12 (30.77%) SQL
5 11 (28.21%) Oracle
5 11 (28.21%) Linux
5 11 (28.21%) User Acceptance Testing
6 10 (25.64%) Agile Software Development
6 10 (25.64%) Cash Management
6 10 (25.64%) Anti-Money Laundering
6 10 (25.64%) Unix
6 10 (25.64%) Migration
7 9 (23.08%) J2EE
7 9 (23.08%) Solaris
8 8 (20.51%) Oracle Cash Management
8 8 (20.51%) QA
9 7 (17.95%) SQL Server
10 6 (15.38%) Foreign Exchange (FX)
10 6 (15.38%) Integration Testing
10 6 (15.38%) Retail Banking
10 6 (15.38%) Actimize
11 5 (12.82%) TDD
11 5 (12.82%) Test Automation
11 5 (12.82%) System Integration Testing
11 5 (12.82%) TIBCO
11 5 (12.82%) Middleware
11 5 (12.82%) MQSeries
11 5 (12.82%) AIX

SWIFT
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 5 (12.82%) MQSeries
2 1 (2.56%) JBoss
Business Applications
1 8 (20.51%) Oracle Cash Management
2 6 (15.38%) Actimize
3 3 (7.69%) Misys Midas
4 2 (5.13%) BusinessWorks
4 2 (5.13%) Kondor
5 1 (2.56%) Temenos T24
Communications & Networking
1 2 (5.13%) SWIFTNet
2 1 (2.56%) Firewall
Database & Business Intelligence
1 7 (17.95%) SQL Server
2 2 (5.13%) MySQL
2 2 (5.13%) QlikView
2 2 (5.13%) Sybase ASE
Development Applications
1 4 (10.26%) JIRA
2 3 (7.69%) Git (software)
3 2 (5.13%) JBehave
3 2 (5.13%) JIRA Agile
3 2 (5.13%) Maven
3 2 (5.13%) Subversion
4 1 (2.56%) Xcode
General
1 30 (76.92%) Banking
2 17 (43.59%) Finance
3 13 (33.33%) Investment Banking
4 6 (15.38%) Retail Banking
5 5 (12.82%) Back Office
6 4 (10.26%) Financial Institution
7 3 (7.69%) Retail
8 2 (5.13%) International Banking
8 2 (5.13%) Portuguese Language
8 2 (5.13%) Spanish Language
Job Titles
1 26 (66.67%) Analyst
2 14 (35.90%) Business Analyst
3 10 (25.64%) Support Analyst
4 7 (17.95%) Applications Support
4 7 (17.95%) Applications Support Analyst
4 7 (17.95%) Compliance Analyst
5 5 (12.82%) SWIFT Engineer
5 5 (12.82%) Systems Analyst
6 4 (10.26%) Payments Analyst
6 4 (10.26%) Systems Support
6 4 (10.26%) Systems Support Analyst
7 3 (7.69%) Consultant
7 3 (7.69%) Developer
7 3 (7.69%) Technical Analyst
7 3 (7.69%) Technical Business Analyst
7 3 (7.69%) Tester
8 2 (5.13%) Compliance Consultant
8 2 (5.13%) Linux Support
8 2 (5.13%) Payments Business Analyst
8 2 (5.13%) Unix Support
Libraries, Frameworks & Software Standards
1 9 (23.08%) J2EE
2 5 (12.82%) JSP
2 5 (12.82%) Middleware
2 5 (12.82%) XML
3 4 (10.26%) Spring
4 3 (7.69%) TIBCO EMS
5 2 (5.13%) Java EE
5 2 (5.13%) JMS
5 2 (5.13%) JSON
5 2 (5.13%) Spring Boot
5 2 (5.13%) XSLT
6 1 (2.56%) .NET
6 1 (2.56%) iOS SDK
6 1 (2.56%) RESTful
6 1 (2.56%) Web Services
6 1 (2.56%) XML Schema
Miscellaneous
1 6 (15.38%) Foreign Exchange (FX)
2 3 (7.69%) Fedwire
3 2 (5.13%) Analytical Skills
3 2 (5.13%) Equities
3 2 (5.13%) Fixed Income
3 2 (5.13%) Virtual Team
4 1 (2.56%) Computer Science
4 1 (2.56%) Fintech
4 1 (2.56%) iPhone
4 1 (2.56%) N-Tier
4 1 (2.56%) User Experience
Operating Systems
1 11 (28.21%) Linux
2 10 (25.64%) Unix
3 9 (23.08%) Solaris
4 5 (12.82%) AIX
5 1 (2.56%) Android
5 1 (2.56%) Apple iOS
Processes & Methodologies
1 11 (28.21%) User Acceptance Testing
2 10 (25.64%) Agile Software Development
2 10 (25.64%) Anti-Money Laundering
2 10 (25.64%) Cash Management
2 10 (25.64%) Migration
3 6 (15.38%) Integration Testing
4 5 (12.82%) System Integration Testing
4 5 (12.82%) TDD
4 5 (12.82%) Test Automation
5 4 (10.26%) Business Analysis
5 4 (10.26%) Kalman Filter
5 4 (10.26%) Risk Management
5 4 (10.26%) SDLC
6 3 (7.69%) Project Management
6 3 (7.69%) Stakeholder Management
6 3 (7.69%) Technical Analysis
6 3 (7.69%) Waterfall
6 3 (7.69%) Workflow
7 2 (5.13%) DevOps
7 2 (5.13%) User Stories
Programming Languages
1 13 (33.33%) Java
2 12 (30.77%) SQL
3 3 (7.69%) Shell Script
4 2 (5.13%) AWK
4 2 (5.13%) Perl
4 2 (5.13%) Python
5 1 (2.56%) Apple Swift
5 1 (2.56%) Objective-C
Quality Assurance & Compliance
1 17 (43.59%) SEPA
2 8 (20.51%) QA
3 2 (5.13%) TARGET2
Systems Management
1 1 (2.56%) Control-M
Vendors
1 11 (28.21%) Oracle
2 5 (12.82%) TIBCO
3 3 (7.69%) IBM
4 2 (5.13%) Bloomberg
4 2 (5.13%) Misys
4 2 (5.13%) Reuters
4 2 (5.13%) Sybase
5 1 (2.56%) Xamarin