Period
to 11 December 2018

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 11 December 2018 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
11 Dec 2018
Same period 2017 Same period 2016
Rank 231 217 207
Rank change year-on-year -14 -10 -2
Contract jobs citing SWIFT 25 41 30
As % of all contract IT jobs advertised in the City of London 0.35% 0.57% 0.46%
As % of the Miscellaneous category 0.85% 1.33% 1.14%
Number of daily rates quoted 19 27 23
City of London median daily rate £525 £475 £450
Median daily rate % change year-on-year +10.53% +5.56% -5.26%
10th Percentile £300 £334 £400
90th Percentile £603 £575 £570
Central London median daily rate £480 £475 £450
% change year-on-year +1.05% +5.56% -5.26%
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 2,947 3,078 2,636
As % of all contract IT jobs advertised in the City of London 41.29% 42.83% 40.44%
Number of daily rates quoted 2,280 2,409 2,027
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% -
10th Percentile £281 £319 £313
90th Percentile £713 £725 £675
Central London median daily rate £525 £525 £475
% change year-on-year - +10.53% -
Number of hourly rates quoted 61 35 31
City of London median hourly rate £19.25 £24.49 £19.00
Median hourly rate % change year-on-year -21.38% +28.87% -3.80%
10th Percentile £13.31 £13.13 £12.89
90th Percentile £33.00 £33.92 £55.00
Central London median hourly rate £19.38 £22.26 £18.45
% change year-on-year -12.95% +20.64% -6.58%

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 11 December 2018.

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 11 December 2018, IT contractor jobs citing SWIFT 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 SWIFT.

1 13 (52.00%) Banking
2 11 (44.00%) SEPA
3 9 (36.00%) QA
3 9 (36.00%) Test Scripting
3 9 (36.00%) HP Quality Center
4 8 (32.00%) Team Foundation Server
4 8 (32.00%) Finance
5 6 (24.00%) Integration Testing
6 5 (20.00%) JIRA
6 5 (20.00%) Waterfall
6 5 (20.00%) PACS
6 5 (20.00%) EDIFACT
6 5 (20.00%) TestDirector
6 5 (20.00%) Scenario Testing
6 5 (20.00%) FIS
6 5 (20.00%) Defect Management
6 5 (20.00%) Functional Testing
6 5 (20.00%) Analytical Skills
7 4 (16.00%) REST
7 4 (16.00%) API Development
7 4 (16.00%) API Testing
7 4 (16.00%) PSD2
7 4 (16.00%) TARGET2
7 4 (16.00%) HP
7 4 (16.00%) C#
7 4 (16.00%) RPG
7 4 (16.00%) SQL
7 4 (16.00%) SQL Server
7 4 (16.00%) .NET
7 4 (16.00%) MQSeries

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 4 (16.00%) MQSeries
2 2 (8.00%) WebSphere
3 1 (4.00%) BizTalk Server
3 1 (4.00%) CMS
Applications
1 1 (4.00%) Microsoft Office
1 1 (4.00%) Microsoft Project
1 1 (4.00%) MS Visio
Business Applications
1 2 (8.00%) Summit
2 1 (4.00%) BusinessWorks
2 1 (4.00%) Kondor
2 1 (4.00%) Oracle BPM
2 1 (4.00%) Oracle Cash Management
Database & Business Intelligence
1 4 (16.00%) SQL Server
2 1 (4.00%) Data Lake
2 1 (4.00%) DataStage
2 1 (4.00%) Sybase ASE
Development Applications
1 8 (32.00%) Team Foundation Server
2 5 (20.00%) JIRA
2 5 (20.00%) TestDirector
3 1 (4.00%) Ant
3 1 (4.00%) Git (software)
3 1 (4.00%) IBM UrbanCode
3 1 (4.00%) Maven
3 1 (4.00%) Subversion
3 1 (4.00%) Toad
General
1 13 (52.00%) Banking
2 8 (32.00%) Finance
3 3 (12.00%) Financial Institution
4 2 (8.00%) Investment Banking
5 1 (4.00%) Back Office
5 1 (4.00%) General Ledger
Job Titles
1 9 (36.00%) Payments Tester
1 9 (36.00%) Tester
2 8 (32.00%) Developer
3 5 (20.00%) Functional Tester
3 5 (20.00%) Systems Tester
4 4 (16.00%) Analyst
4 4 (16.00%) RPG Developer
5 3 (12.00%) .NET Developer
5 3 (12.00%) C# .NET Developer
5 3 (12.00%) C# Developer
6 2 (8.00%) Business Analyst
6 2 (8.00%) Consultant
6 2 (8.00%) Lead Developer
6 2 (8.00%) Liquidity Business Analyst
7 1 (4.00%) Data Analyst
7 1 (4.00%) Senior Business Analyst
7 1 (4.00%) Senior Test Analyst
7 1 (4.00%) Systems Analyst
7 1 (4.00%) Team Leader
7 1 (4.00%) Test Analyst
Libraries, Frameworks & Software Standards
1 5 (20.00%) EDIFACT
2 4 (16.00%) .NET
2 4 (16.00%) REST
3 3 (12.00%) Ajax
3 3 (12.00%) AngularJS
3 3 (12.00%) ASP.NET
3 3 (12.00%) ASP.NET Web API
3 3 (12.00%) jQuery
3 3 (12.00%) XML
4 2 (8.00%) Middleware
4 2 (8.00%) WebSphere MQ
5 1 (4.00%) EDI
5 1 (4.00%) FIX Protocol
5 1 (4.00%) IBM Integration Bus
5 1 (4.00%) JMS
5 1 (4.00%) Spring
5 1 (4.00%) XML Schema
5 1 (4.00%) XSLT
Miscellaneous
1 5 (20.00%) Analytical Skills
1 5 (20.00%) PACS
2 4 (16.00%) iSeries
3 2 (8.00%) Foreign Exchange (FX)
4 1 (4.00%) AS400
4 1 (4.00%) DataPower
4 1 (4.00%) Derivative
4 1 (4.00%) Equities
4 1 (4.00%) Fintech
4 1 (4.00%) Greenfield Project
Operating Systems
1 3 (12.00%) Linux
2 2 (8.00%) Unix
3 1 (4.00%) AIX
3 1 (4.00%) Solaris
3 1 (4.00%) Windows
Processes & Methodologies
1 9 (36.00%) Test Scripting
2 6 (24.00%) Integration Testing
3 5 (20.00%) Defect Management
3 5 (20.00%) Functional Testing
3 5 (20.00%) Scenario Testing
3 5 (20.00%) Waterfall
4 4 (16.00%) API Development
4 4 (16.00%) API Testing
4 4 (16.00%) Validation
5 3 (12.00%) Agile Software Development
5 3 (12.00%) Computer Science
5 3 (12.00%) MVC
5 3 (12.00%) Release Management
5 3 (12.00%) User Acceptance Testing
5 3 (12.00%) Wealth Management
6 2 (8.00%) Business Analysis
6 2 (8.00%) Cash Management
6 2 (8.00%) Fund Accounting
6 2 (8.00%) Systems Analysis
7 1 (4.00%) Data Analysis
Programming Languages
1 4 (16.00%) C#
1 4 (16.00%) RPG
1 4 (16.00%) SQL
2 3 (12.00%) C
2 3 (12.00%) Java
2 3 (12.00%) JavaScript
2 3 (12.00%) RPG IV
3 2 (8.00%) C++
3 2 (8.00%) Perl
3 2 (8.00%) Shell Script
4 1 (4.00%) AWK
4 1 (4.00%) Korn
4 1 (4.00%) PL/SQL
4 1 (4.00%) Python
4 1 (4.00%) VBA
Qualifications
1 3 (12.00%) Degree
2 1 (4.00%) ISTQB
Quality Assurance & Compliance
1 11 (44.00%) SEPA
2 9 (36.00%) QA
3 4 (16.00%) PSD2
3 4 (16.00%) TARGET2
Systems Management
1 9 (36.00%) HP Quality Center
2 1 (4.00%) WebSphere Service Registry and Repository
Vendors
1 5 (20.00%) FIS
2 4 (16.00%) HP
3 3 (12.00%) Microsoft
4 2 (8.00%) Oracle
5 1 (4.00%) Bloomberg
5 1 (4.00%) Calypso
5 1 (4.00%) IBM
5 1 (4.00%) Misys
5 1 (4.00%) Murex
5 1 (4.00%) Reuters
5 1 (4.00%) Sybase
5 1 (4.00%) TIBCO