Period
to 23 February 2020

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 23 February 2020 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
23 Feb 2020
Same period 2019 Same period 2018
Rank 173 242 210
Rank change year-on-year +69 -32 -12
Contract jobs citing SWIFT 13 17 42
As % of all contract IT jobs advertised in the City of London 0.28% 0.25% 0.59%
As % of the Miscellaneous category 0.83% 0.65% 1.43%
Number of daily rates quoted 7 13 32
City of London median daily rate £488 £475 £488
Median daily rate % change year-on-year +2.63% -2.56% +8.33%
10th Percentile £150 £313 £354
90th Percentile £645 £570 £575
Central London median daily rate £529 £475 £488
% change year-on-year +11.32% -2.56% +8.33%
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 1,568 2,618 2,943
As % of all contract IT jobs advertised in the City of London 33.82% 38.73% 41.37%
Number of daily rates quoted 1,163 1,975 2,314
City of London median daily rate £525 £525 £525
10th Percentile £276 £283 £313
90th Percentile £700 £700 £725
Central London median daily rate £505 £525 £525
% change year-on-year -3.81% - +9.38%
Number of hourly rates quoted 38 47 46
City of London median hourly rate £24.12 £18.70 £21.88
Median hourly rate % change year-on-year +28.98% -14.54% +15.17%
10th Percentile £12.42 £12.91 £12.91
90th Percentile £52.25 £35.54 £48.38
Central London median hourly rate £24.12 £18.70 £21.63
% change year-on-year +28.98% -13.53% +13.82%

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 23 February 2020.

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 23 February 2020, 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 11 (84.62%) Banking
2 6 (46.15%) Finance
3 4 (30.77%) Linux
3 4 (30.77%) Temenos
3 4 (30.77%) Temenos T24
3 4 (30.77%) Robotic Process Automation
3 4 (30.77%) Regulatory Compliance
4 3 (23.08%) SEPA
4 3 (23.08%) Windows
4 3 (23.08%) VBScript
5 2 (15.38%) Bloomberg
5 2 (15.38%) Sophos
5 2 (15.38%) Disaster Recovery
5 2 (15.38%) Oracle
5 2 (15.38%) SQL Server
5 2 (15.38%) ITIL
5 2 (15.38%) Active Directory
5 2 (15.38%) Citrix
5 2 (15.38%) CommVault
5 2 (15.38%) Change Control
5 2 (15.38%) Office 365
5 2 (15.38%) SharePoint
5 2 (15.38%) Mimecast
5 2 (15.38%) Retail
5 2 (15.38%) FLEXCUBE
5 2 (15.38%) ISO/IEC 27001
5 2 (15.38%) Cyber Essentials
5 2 (15.38%) Infrastructure Engineering
6 1 (7.69%) Project Delivery
6 1 (7.69%) Dashboard Development

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 (15.38%) SharePoint
Business Applications
1 4 (30.77%) Temenos T24
2 2 (15.38%) FLEXCUBE
Cloud Services
1 2 (15.38%) Mimecast
1 2 (15.38%) Office 365
2 1 (7.69%) GCP
Database & Business Intelligence
1 2 (15.38%) SQL Server
2 1 (7.69%) Qlik Sense
2 1 (7.69%) Relational Database
Development Applications
1 1 (7.69%) JIRA
General
1 11 (84.62%) Banking
2 6 (46.15%) Finance
3 2 (15.38%) Retail
4 1 (7.69%) Advertising
4 1 (7.69%) Back Office
4 1 (7.69%) Investment Banking
Job Titles
1 4 (30.77%) Developer
2 3 (23.08%) Analyst
3 2 (15.38%) Architect
3 2 (15.38%) Business Analyst
3 2 (15.38%) Consultant
3 2 (15.38%) Infrastructure Engineer
3 2 (15.38%) Infrastructure Support
3 2 (15.38%) Infrastructure Support Engineer
3 2 (15.38%) Linux Developer
3 2 (15.38%) Support Engineer
4 1 (7.69%) Angular Developer
4 1 (7.69%) Applications Support Analyst
4 1 (7.69%) Business Consultant
4 1 (7.69%) Full Stack Developer
4 1 (7.69%) HTML CSS Developer
4 1 (7.69%) Java Developer
4 1 (7.69%) Payments Architect
4 1 (7.69%) Payments Consultant
4 1 (7.69%) Robotic Process Automation Developer
4 1 (7.69%) T24 Developer
Libraries, Frameworks & Software Standards
1 1 (7.69%) .NET
1 1 (7.69%) AngularJS
1 1 (7.69%) CSS
1 1 (7.69%) FIX Protocol
1 1 (7.69%) HTML
1 1 (7.69%) XML
Miscellaneous
1 1 (7.69%) Equities
1 1 (7.69%) Fixed Income
Operating Systems
1 4 (30.77%) Linux
2 3 (23.08%) Windows
3 1 (7.69%) Red Hat Enterprise Linux
Processes & Methodologies
1 4 (30.77%) Regulatory Compliance
1 4 (30.77%) Robotic Process Automation
2 2 (15.38%) Change Control
2 2 (15.38%) Disaster Recovery
2 2 (15.38%) Infrastructure Engineering
2 2 (15.38%) ITIL
3 1 (7.69%) Agile Software Development
3 1 (7.69%) Business Analysis
3 1 (7.69%) Change Management
3 1 (7.69%) Dashboard Development
3 1 (7.69%) Functional Testing
3 1 (7.69%) Investment Management
3 1 (7.69%) Project Delivery
3 1 (7.69%) Test Strategy
3 1 (7.69%) Translating Business Requirements
3 1 (7.69%) UML
3 1 (7.69%) User Acceptance Testing
3 1 (7.69%) Web Development
3 1 (7.69%) Workflow
Programming Languages
1 3 (23.08%) VBScript
2 1 (7.69%) Java
2 1 (7.69%) Python
Quality Assurance & Compliance
1 3 (23.08%) SEPA
2 2 (15.38%) Cyber Essentials
2 2 (15.38%) ISO/IEC 27001
3 1 (7.69%) EMIR
3 1 (7.69%) MiFID
System Software
1 2 (15.38%) Active Directory
Vendors
1 4 (30.77%) Temenos
2 2 (15.38%) Bloomberg
2 2 (15.38%) Citrix
2 2 (15.38%) CommVault
2 2 (15.38%) Oracle
2 2 (15.38%) Sophos
3 1 (7.69%) Google
3 1 (7.69%) Red Hat