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 3 months to 27 March 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)
London / City of London
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 143 147 162
Rank change year-on-year +4 +15  
Contract jobs citing SWIFT 12 11 32
As % of all contract IT jobs advertised in the City of London 0.40% 0.33% 0.62%
As % of the Miscellaneous category 1.10% 0.92% 1.70%
Number of daily rates quoted 10 9 17
Median daily rate £550 £475 £475
Median daily rate % change year-on-year +15.78% -  
90% offered a daily rate of more than £312 £415 £305
10% offered a daily rate of more than £750 £665 £585
UK excluding London median daily rate £425 £300 £375
% change year-on-year +41.66% -20.00%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - £22.00 -

SWIFT is in the generic IT skills category. The next 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.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1093 1200 1884
As % of all contract IT job vacancies advertised in the City of London 36.25% 36.08% 36.43%
Number of daily rates quoted 842 952 1436
Median daily rate £525 £500 £470
Median daily rate % change year-on-year +5.00% +6.38%  
90% offered a daily rate of more than £300 £318 £290
10% offered a daily rate of more than £650 £658 £625
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 8 27 36
Median hourly rate £19.00 £19.00 £17.87
Median hourly rate % change year-on-year - +6.35%  
90% offered a hourly rate of more than £13.79 £12.00 £12.73
10% offered a hourly rate of more than £28.35 £35.60 £27.37
UK excluding London median hourly rate £18.68 £27.75 £18.75
% change year-on-year -32.68% +48.00%  

SWIFT
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing SWIFT as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

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 3 months to 27 March 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 hourly rates quoted in IT contractor jobs citing SWIFT in the City of London.

Contractor hourly rate trend for SWIFT in the City of London

SWIFT
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 27 March 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 18 (54.55%) Banking
2 17 (51.52%) Finance
2 17 (51.52%) Anti-Money Laundering
3 14 (42.42%) Middleware
3 14 (42.42%) Windows
4 10 (30.30%) Cash Management
5 9 (27.27%) SEPA
5 9 (27.27%) WebSphere
5 9 (27.27%) SmartStream
5 9 (27.27%) SQL Server
6 8 (24.24%) .NET
6 8 (24.24%) Data Warehouse
7 7 (21.21%) BizTalk Server
7 7 (21.21%) Unix
7 7 (21.21%) SQL
8 6 (18.18%) Oracle
8 6 (18.18%) Java
8 6 (18.18%) IBM
8 6 (18.18%) Waterfall
8 6 (18.18%) Windows Server
9 5 (15.15%) Oracle SOA Suite
9 5 (15.15%) Agile Software Development
9 5 (15.15%) TOGAF
9 5 (15.15%) Scrum
9 5 (15.15%) SOA
10 3 (9.09%) MQSeries
10 3 (9.09%) XML
10 3 (9.09%) JavaScript
10 3 (9.09%) SOAP
10 3 (9.09%) DB2

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 9 (27.27%) WebSphere
2 7 (21.21%) BizTalk Server
3 5 (15.15%) Oracle SOA Suite
4 3 (9.09%) MQSeries
5 2 (6.06%) CICS
6 1 (3.03%) IIS
Applications
1 1 (3.03%) MS Excel
Business Applications
1 3 (9.09%) Temenos T24
2 1 (3.03%) Oracle Cash Management
Communications & Networking
1 1 (3.03%) ATM
1 1 (3.03%) FTP
1 1 (3.03%) Internet
Database & Business Intelligence
1 9 (27.27%) SQL Server
2 8 (24.24%) Data Warehouse
3 3 (9.09%) DB2
4 2 (6.06%) Adabas
5 1 (3.03%) Crystal Reports
5 1 (3.03%) OLTP
5 1 (3.03%) SQL Server Integration Services
Development Applications
1 2 (6.06%) Eclipse
2 1 (3.03%) Jenkins
2 1 (3.03%) Maven
General
1 18 (54.55%) Banking
2 17 (51.52%) Finance
3 2 (6.06%) Financial Institution
3 2 (6.06%) Investment Banking
4 1 (3.03%) Back Office
4 1 (3.03%) French Language
4 1 (3.03%) Legal
4 1 (3.03%) Retail
4 1 (3.03%) Retail Banking
4 1 (3.03%) Wholesale Banking
Job Titles
1 15 (45.45%) Analyst
2 10 (30.30%) Support Analyst
3 8 (24.24%) Architect
4 6 (18.18%) Developer
4 6 (18.18%) Payments Architect
5 5 (15.15%) Technical Architect
6 2 (6.06%) Applications Support
6 2 (6.06%) Banking Analyst
6 2 (6.06%) Business Analyst
6 2 (6.06%) Consultant
6 2 (6.06%) Payments Solutions Architect
6 2 (6.06%) Solutions Architect
7 1 (3.03%) AS400 Developer
7 1 (3.03%) Banking Business Analyst
7 1 (3.03%) Integration Developer
7 1 (3.03%) IT Analyst
7 1 (3.03%) Payments Analyst
7 1 (3.03%) Payments Consultant
7 1 (3.03%) Senior Analyst
7 1 (3.03%) WebSphere Developer
Libraries, Frameworks & Software Standards
1 14 (42.42%) Middleware
2 8 (24.24%) .NET
3 3 (9.09%) SOAP
3 3 (9.09%) XML
4 2 (6.06%) HTML
4 2 (6.06%) REST
4 2 (6.06%) Web Services
5 1 (3.03%) CSS
5 1 (3.03%) CSS3
5 1 (3.03%) FIX Protocol
5 1 (3.03%) HTML5
5 1 (3.03%) IBM Integration Bus
5 1 (3.03%) MSMQ
Miscellaneous
1 3 (9.09%) Analytical Skills
2 2 (6.06%) Foreign Exchange (FX)
2 2 (6.06%) Mainframe
2 2 (6.06%) VSAM
3 1 (3.03%) AS400
3 1 (3.03%) Derivative
3 1 (3.03%) Fixed Income
3 1 (3.03%) Hedge funds
3 1 (3.03%) iSeries
3 1 (3.03%) Mobile Banking
Operating Systems
1 14 (42.42%) Windows
2 7 (21.21%) Unix
3 6 (18.18%) Windows Server
4 1 (3.03%) Apple iOS
4 1 (3.03%) Linux
4 1 (3.03%) pSOS
4 1 (3.03%) Solaris
Processes & Methodologies
1 17 (51.52%) Anti-Money Laundering
2 10 (30.30%) Cash Management
3 6 (18.18%) Waterfall
4 5 (15.15%) Agile Software Development
4 5 (15.15%) Scrum
4 5 (15.15%) SOA
4 5 (15.15%) TOGAF
5 2 (6.06%) Business Analysis
5 2 (6.06%) Incident Management
5 2 (6.06%) SDLC
5 2 (6.06%) Systems Analysis
5 2 (6.06%) Unit Testing
5 2 (6.06%) Workflow
6 1 (3.03%) Investment Management
6 1 (3.03%) Mobile Development
6 1 (3.03%) Network Load Balancing
6 1 (3.03%) Product Management
6 1 (3.03%) Stakeholder Engagement
6 1 (3.03%) Translating Business Requirements
6 1 (3.03%) Wealth Management
Programming Languages
1 7 (21.21%) SQL
2 6 (18.18%) Java
3 3 (9.09%) JavaScript
4 2 (6.06%) JCL
4 2 (6.06%) NATURAL
4 2 (6.06%) R
5 1 (3.03%) Apple Swift
5 1 (3.03%) Perl
5 1 (3.03%) PL/SQL
5 1 (3.03%) RPG
5 1 (3.03%) RPG IV
5 1 (3.03%) Shell Script
5 1 (3.03%) T-SQL
5 1 (3.03%) XPath
Qualifications
1 1 (3.03%) Degree
Quality Assurance & Compliance
1 9 (27.27%) SEPA
2 1 (3.03%) FATCA
2 1 (3.03%) QA
Vendors
1 9 (27.27%) SmartStream
2 6 (18.18%) IBM
2 6 (18.18%) Oracle
3 2 (6.06%) jBASE
3 2 (6.06%) Temenos
4 1 (3.03%) Cognos
4 1 (3.03%) Microsoft
4 1 (3.03%) ServiceNow
4 1 (3.03%) Sybase