Period
to 9 May 2021

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 9 May 2021 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
9 May 2021
Same period 2020 Same period 2019
Rank 129 149 233
Rank change year-on-year +20 +84 -7
Contract jobs citing SWIFT 18 12 21
As % of all contract jobs advertised in the City of London 0.67% 0.35% 0.32%
As % of the Miscellaneous category 1.79% 1.12% 0.98%
Number of daily rates quoted 14 5 16
10th Percentile £475 " £301
25th Percentile £488 £150 £313
Median daily rate (50th Percentile) £575 £310 £450
Median % change year-on-year +85.48% -31.11% -10.00%
75th Percentile £600 £625 £541
90th Percentile £650 £655 £675
Central London median daily rate £575 £310 £450
% change year-on-year +85.48% -31.11% -10.00%

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 1,004 1,070 2,135
As % of all contract IT jobs advertised in the City of London 37.13% 30.77% 32.68%
Number of daily rates quoted 686 776 1,580
10th Percentile £341 £285 £315
25th Percentile £450 £413 £425
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - -
75th Percentile £650 £625 £625
90th Percentile £725 £688 £696
Central London median daily rate £550 £500 £525
% change year-on-year +10.00% -4.76% -
Number of hourly rates quoted 14 41 38
10th Percentile £8.00 £12.42 £11.25
25th Percentile £11.72 £15.00 £14.00
Median hourly rate £16.03 £27.00 £18.98
Median % change year-on-year -40.65% +42.29% -11.74%
75th Percentile £34.44 £39.25 £37.50
90th Percentile £41.28 £52.25 £44.80
Central London median hourly rate £17.98 £27.09 £19.25
% change year-on-year -33.64% +40.71% -8.33%

SWIFT
Job Vacancy Trend in the City of London

Job postings citing SWIFT as a proportion 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

3-month moving average daily rate quoted in jobs citing SWIFT in the City of London.

Daily rate trend for SWIFT in the City of London

SWIFT
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing SWIFT in the City of London over the 6 months to 9 May 2021.

Daily rate histogram for SWIFT in the City of London

SWIFT
Contractor Hourly Rate Trend in the City of London

3-month moving average hourly rates quoted in jobs citing SWIFT in the City of London.

Hourly rate trend for SWIFT in the City of London

For the 6 months to 9 May 2021, 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 9 (50.00%) Finance
2 8 (44.44%) Unix
3 6 (33.33%) SEPA
4 5 (27.78%) Back Office
5 4 (22.22%) Service Delivery
5 4 (22.22%) IBM
5 4 (22.22%) Windows
5 4 (22.22%) Linux
5 4 (22.22%) Banking
5 4 (22.22%) Windows Server 2012
5 4 (22.22%) Kubernetes
5 4 (22.22%) Kafka
6 3 (16.67%) Mobile Payment
6 3 (16.67%) Kalman Filter
6 3 (16.67%) Architecture Roadmap
6 3 (16.67%) Root Cause Analysis
6 3 (16.67%) Social Skills
6 3 (16.67%) Incident Management
6 3 (16.67%) Investment Management
6 3 (16.67%) Foreign Exchange (FX)
7 2 (11.11%) Disaster Recovery
7 2 (11.11%) Firewall
7 2 (11.11%) Management Information System
7 2 (11.11%) Wireless
7 2 (11.11%) Migration
7 2 (11.11%) VMware
7 2 (11.11%) Red Hat
7 2 (11.11%) WebSphere MQ
7 2 (11.11%) Nagios
7 2 (11.11%) Linedata

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 2 (11.11%) WebSphere
Business Applications
1 2 (11.11%) Salerio
Cloud Services
1 2 (11.11%) Amazon Kinesis
1 2 (11.11%) AWS
1 2 (11.11%) OpenShift
Communications & Networking
1 2 (11.11%) Firewall
1 2 (11.11%) LAN
1 2 (11.11%) VPN
1 2 (11.11%) WAN
1 2 (11.11%) Wireless
Database & Business Intelligence
1 2 (11.11%) DB2
1 2 (11.11%) SQL Server
Development Applications
1 2 (11.11%) Bitbucket
1 2 (11.11%) Octopus Deploy
General
1 9 (50.00%) Finance
2 5 (27.78%) Back Office
3 4 (22.22%) Banking
4 3 (16.67%) Social Skills
5 1 (5.56%) Analytical Skills
5 1 (5.56%) Prime Brokerage
Job Titles
1 7 (38.89%) Architect
1 7 (38.89%) Solutions Architect
2 4 (22.22%) Analyst
3 3 (16.67%) Applications Support
3 3 (16.67%) Applications Support Analyst
3 3 (16.67%) Back Office Engineer
3 3 (16.67%) Infrastructure Solutions Architect
3 3 (16.67%) Payments Analyst
3 3 (16.67%) Payments Architect
3 3 (16.67%) Payments Solutions Architect
3 3 (16.67%) Support Analyst
4 2 (11.11%) Consultant
4 2 (11.11%) Infrastructure Architect
4 2 (11.11%) Support Engineer
5 1 (5.56%) Integration Architect
5 1 (5.56%) IT Architect
5 1 (5.56%) Security Architect
5 1 (5.56%) Security Solutions Architect
5 1 (5.56%) Software Consultant
5 1 (5.56%) Transformation Programme Architect
Libraries, Frameworks & Software Standards
1 4 (22.22%) Kafka
2 2 (11.11%) .NET
2 2 (11.11%) Elastic Stack
2 2 (11.11%) FIX Protocol
2 2 (11.11%) J2EE
2 2 (11.11%) MSMQ
2 2 (11.11%) Regular Expression
2 2 (11.11%) Spring Boot
2 2 (11.11%) WebSphere MQ
Miscellaneous
1 3 (16.67%) Foreign Exchange (FX)
1 3 (16.67%) Mobile Payment
2 2 (11.11%) Cloud Native
2 2 (11.11%) Data Centre
2 2 (11.11%) Management Information System
3 1 (5.56%) Enterprise Software
3 1 (5.56%) Greenfield Project
3 1 (5.56%) PKI
Operating Systems
1 8 (44.44%) Unix
2 4 (22.22%) Linux
2 4 (22.22%) Windows
2 4 (22.22%) Windows Server 2012
3 2 (11.11%) Red Hat Enterprise Linux
3 2 (11.11%) Windows 10
3 2 (11.11%) Windows Server
Processes & Methodologies
1 4 (22.22%) Service Delivery
2 3 (16.67%) Architecture Roadmap
2 3 (16.67%) Incident Management
2 3 (16.67%) Investment Management
2 3 (16.67%) Kalman Filter
2 3 (16.67%) Root Cause Analysis
3 2 (11.11%) Data Entry
3 2 (11.11%) Disaster Recovery
3 2 (11.11%) Load Balancing
3 2 (11.11%) Microservices
3 2 (11.11%) Migration
3 2 (11.11%) Portfolio Management
3 2 (11.11%) Proactive Monitoring
3 2 (11.11%) Problem Management
3 2 (11.11%) Problem-Solving
3 2 (11.11%) Project Management
3 2 (11.11%) Runbook
3 2 (11.11%) Technical Leadership
3 2 (11.11%) Ticket Management
3 2 (11.11%) User Acceptance Testing
Programming Languages
1 2 (11.11%) Java
1 2 (11.11%) PowerShell
1 2 (11.11%) SQL
Qualifications
1 2 (11.11%) Security Cleared
2 1 (5.56%) SC Cleared
Quality Assurance & Compliance
1 6 (33.33%) SEPA
2 2 (11.11%) ISO 20022
System Software
1 2 (11.11%) VMware ESXi
1 2 (11.11%) VMware Infrastructure
1 2 (11.11%) vSphere
Systems Management
1 4 (22.22%) Kubernetes
2 2 (11.11%) Grafana
2 2 (11.11%) Nagios
Vendors
1 4 (22.22%) IBM
2 2 (11.11%) Citrix
2 2 (11.11%) Linedata
2 2 (11.11%) Microsoft
2 2 (11.11%) Oracle
2 2 (11.11%) Red Hat
2 2 (11.11%) Splunk
2 2 (11.11%) VMware