Period
to 20 June 2019

The table below looks at the prevalence of the term SWIFT in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFT over the 6 months to 20 June 2019 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)
UK > England
6 months to
20 Jun 2019
Same period 2018 Same period 2017
Rank 685 723 660
Rank change year-on-year +38 -63 +55
Contract jobs citing SWIFT 123 132 155
As % of all contract IT jobs advertised in England 0.15% 0.14% 0.18%
As % of the Miscellaneous category 0.46% 0.44% 0.56%
Number of daily rates quoted 60 79 88
England median daily rate £550 £500 £500
Median daily rate % change year-on-year +10.00% - +5.26%
10th Percentile £363 £363 £351
90th Percentile £650 £668 £675
UK median daily rate £550 £500 £495
% change year-on-year +10.00% +1.01% +10.00%
Number of hourly rates quoted 0 0 0
England median hourly rate - - -
UK 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 England with a requirement for generic IT skills.

All Generic IT Skills
England
Contract vacancies with a requirement for generic IT skills 26,956 29,666 27,917
As % of all contract IT jobs advertised in England 32.51% 32.55% 33.25%
Number of daily rates quoted 17,503 19,411 18,098
England median daily rate £475 £470 £450
Median daily rate % change year-on-year +1.06% +4.44% +5.88%
10th Percentile £285 £275 £263
90th Percentile £675 £665 £638
UK median daily rate £475 £450 £440
% change year-on-year +5.56% +2.27% +3.53%
Number of hourly rates quoted 920 943 985
England median hourly rate £20.92 £22.42 £19.50
Median hourly rate % change year-on-year -6.68% +14.97% -6.16%
10th Percentile £11.79 £11.80 £11.25
90th Percentile £52.50 £51.25 £50.00
UK median hourly rate £20.86 £21.84 £19.71
% change year-on-year -4.51% +10.83% -6.17%

SWIFT
Job Vacancy Trend in England

Job postings citing SWIFT as a percentage of all IT jobs advertised in England.

Job vacancy trend for SWIFT in England

SWIFT
Contractor Daily Rate Trend in England

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing SWIFT in England.

Contractor daily rate trend for SWIFT in England

SWIFT
Contractor Daily Rate Histogram in England

The daily rate distribution of IT jobs citing SWIFT in England over the 6 months to 20 June 2019.

Contractor daily rate histogram for SWIFT in England

SWIFT
Contractor Hourly Rate Trend in England

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

Contractor hourly rate trend for SWIFT in England

SWIFT
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SWIFT within the England region over the 6 months to 20 June 2019. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +26 112 £556 +11.25% 7
South West -36 5 £413 -26.99%
South East +14 2 - - 2
East of England -3 2 £315 -
Midlands +12 1 £545 -
West Midlands -1 1 £545 -
SWIFT
UK

For the 6 months to 20 June 2019, 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 England region with a requirement for SWIFT.

1 85 (69.11%) Banking
2 81 (65.85%) Finance
3 39 (31.71%) SEPA
4 29 (23.58%) Agile Software Development
5 28 (22.76%) PSD2
6 26 (21.14%) Stakeholder Management
7 21 (17.07%) Target Operating Model
8 18 (14.63%) User Acceptance Testing
8 18 (14.63%) Java
8 18 (14.63%) SQL
9 17 (13.82%) Analytical Skills
10 16 (13.01%) Unix
10 16 (13.01%) Project Management
11 15 (12.20%) Python
11 15 (12.20%) Business Analysis
12 14 (11.38%) Relational Database
13 11 (8.94%) Perl
13 11 (8.94%) RDBMS
14 10 (8.13%) Investment Banking
14 10 (8.13%) Degree
15 9 (7.32%) Integration Testing
15 9 (7.32%) Retail
15 9 (7.32%) Anti-Money Laundering
15 9 (7.32%) Waterfall
15 9 (7.32%) Back Office
16 8 (6.50%) Test Scripting
16 8 (6.50%) Fintech
16 8 (6.50%) SDLC
17 7 (5.69%) Problem-Solving
17 7 (5.69%) QA

SWIFT
Co-occurring IT Skills in England 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 3 (2.44%) CMS
2 2 (1.63%) BizTalk Server
2 2 (1.63%) WebSphere
3 1 (0.81%) Tomcat
Applications
1 3 (2.44%) Microsoft Excel
2 2 (1.63%) Microsoft Office
Business Applications
1 4 (3.25%) Actimize
1 4 (3.25%) BASE24
2 2 (1.63%) Oracle EBS
2 2 (1.63%) Oracle EBS R12
2 2 (1.63%) Oracle Internet Expenses
2 2 (1.63%) Oracle iProcurement
2 2 (1.63%) Oracle iSupplier
2 2 (1.63%) Oracle Payables
2 2 (1.63%) SimCorp Dimension
2 2 (1.63%) Summit
3 1 (0.81%) BusinessWorks
3 1 (0.81%) Oracle Cash Management
3 1 (0.81%) SAP ERP
Cloud Services
1 1 (0.81%) Amazon AWS
1 1 (0.81%) Google Cloud Platform
1 1 (0.81%) Microsoft Azure
Communications & Networking
1 4 (3.25%) Internet
2 2 (1.63%) Firewall
3 1 (0.81%) ATM
3 1 (0.81%) DHCP
3 1 (0.81%) DNS
3 1 (0.81%) SWIFTNet
Database & Business Intelligence
1 14 (11.38%) Relational Database
2 11 (8.94%) RDBMS
3 3 (2.44%) Apache Cassandra
4 2 (1.63%) Oracle BI EE
5 1 (0.81%) Data Warehouse
5 1 (0.81%) PowerMart
Development Applications
1 2 (1.63%) Git (software)
2 1 (0.81%) JIRA
2 1 (0.81%) Visual Studio
General
1 85 (69.11%) Banking
2 81 (65.85%) Finance
3 10 (8.13%) Investment Banking
4 9 (7.32%) Back Office
4 9 (7.32%) Retail
5 6 (4.88%) Financial Institution
5 6 (4.88%) Retail Banking
6 4 (3.25%) Legal
7 2 (1.63%) Advertising
7 2 (1.63%) Front Office
7 2 (1.63%) Publishing
8 1 (0.81%) Corporate Banking
8 1 (0.81%) French Language
8 1 (0.81%) Private Banking
Job Titles
1 40 (32.52%) Analyst
2 36 (29.27%) Business Analyst
3 22 (17.89%) Payments Analyst
3 22 (17.89%) Payments Business Analyst
4 18 (14.63%) Architect
5 16 (13.01%) Payments Architect
6 14 (11.38%) Developer
7 11 (8.94%) Project Manager
8 10 (8.13%) Finance Business Analyst
8 10 (8.13%) Financial Analyst
8 10 (8.13%) Senior Business Analyst
8 10 (8.13%) Senior Payments Business Analyst
9 9 (7.32%) Process Analyst
9 9 (7.32%) Senior Analyst
9 9 (7.32%) Senior Financial Analyst
9 9 (7.32%) Senior Process Analyst
10 6 (4.88%) Banking Project Manager
10 6 (4.88%) Consultant
10 6 (4.88%) SWIFT Engineer
11 4 (3.25%) BASE24 Developer
Libraries, Frameworks & Software Standards
1 6 (4.88%) XML
2 4 (3.25%) AngularJS
2 4 (3.25%) CSS
2 4 (3.25%) FIX Protocol
2 4 (3.25%) HTML
3 3 (2.44%) .NET
4 2 (1.63%) cXML
4 2 (1.63%) EDI
4 2 (1.63%) iOS SDK
4 2 (1.63%) J2EE
4 2 (1.63%) Kafka
4 2 (1.63%) Spring
4 2 (1.63%) WebSphere MQ
5 1 (0.81%) ActiveMQ
5 1 (0.81%) Hibernate
5 1 (0.81%) Java EE
5 1 (0.81%) JSON
5 1 (0.81%) OAuth
5 1 (0.81%) REST
5 1 (0.81%) TIBCO EMS
Miscellaneous
1 17 (13.82%) Analytical Skills
2 7 (5.69%) Online Banking
3 5 (4.07%) Equities
4 4 (3.25%) Tandem
5 3 (2.44%) Enterprise Software
5 3 (2.44%) Foreign Exchange (FX)
5 3 (2.44%) Mobile App
6 2 (1.63%) Fixed Income
6 2 (1.63%) Management Information System
6 2 (1.63%) User Experience
7 1 (0.81%) Cloud Native
7 1 (0.81%) DTCC
7 1 (0.81%) Greenfield Project
7 1 (0.81%) Mobile Payment
7 1 (0.81%) Mobile Wallet
7 1 (0.81%) PACS
7 1 (0.81%) Self-Motivation
Operating Systems
1 16 (13.01%) Unix
2 4 (3.25%) Linux
3 3 (2.44%) Windows
4 2 (1.63%) Apple iOS
5 1 (0.81%) Windows Server
Processes & Methodologies
1 29 (23.58%) Agile Software Development
2 26 (21.14%) Stakeholder Management
3 21 (17.07%) Target Operating Model
4 18 (14.63%) User Acceptance Testing
5 16 (13.01%) Project Management
6 15 (12.20%) Business Analysis
7 9 (7.32%) Anti-Money Laundering
7 9 (7.32%) Integration Testing
7 9 (7.32%) Waterfall
8 8 (6.50%) Fintech
8 8 (6.50%) SDLC
8 8 (6.50%) Test Scripting
9 7 (5.69%) Problem-Solving
10 6 (4.88%) GAP Analysis
10 6 (4.88%) ITIL
10 6 (4.88%) PRINCE2
11 5 (4.07%) Investment Management
11 5 (4.07%) Scenario Testing
11 5 (4.07%) System Integration Testing
11 5 (4.07%) Test Planning
Programming Languages
1 18 (14.63%) Java
1 18 (14.63%) SQL
2 15 (12.20%) Python
3 11 (8.94%) Perl
4 5 (4.07%) C
5 3 (2.44%) Apple Swift
6 1 (0.81%) C#
6 1 (0.81%) C++
6 1 (0.81%) Objective-C
6 1 (0.81%) Tcl
6 1 (0.81%) XQuery
Qualifications
1 10 (8.13%) Degree
2 3 (2.44%) CISM
2 3 (2.44%) CISSP
2 3 (2.44%) CRISC
2 3 (2.44%) PMI Certification
2 3 (2.44%) PMP
3 2 (1.63%) Master's Degree
3 2 (1.63%) MBA
4 1 (0.81%) APMP
Quality Assurance & Compliance
1 39 (31.71%) SEPA
2 28 (22.76%) PSD2
3 7 (5.69%) QA
4 5 (4.07%) TARGET2
5 4 (3.25%) ISO 20022
6 2 (1.63%) Sarbanes-Oxley
7 1 (0.81%) Actionable Recommendations
7 1 (0.81%) Basel III
7 1 (0.81%) EMIR
7 1 (0.81%) GDPR
7 1 (0.81%) MiFID
7 1 (0.81%) PCI DSS
System Software
1 1 (0.81%) Active Directory
Systems Management
1 2 (1.63%) Control-M
Vendors
1 5 (4.07%) Microsoft
1 5 (4.07%) Oracle
2 3 (2.44%) Apple
2 3 (2.44%) SAP
2 3 (2.44%) Sybase
3 2 (1.63%) Bloomberg
3 2 (1.63%) Cadence
3 2 (1.63%) Informatica
3 2 (1.63%) Reuters
3 2 (1.63%) SimCorp
3 2 (1.63%) TIBCO
4 1 (0.81%) BMC
4 1 (0.81%) Charles River
4 1 (0.81%) FIS
4 1 (0.81%) Google
4 1 (0.81%) Kofax
4 1 (0.81%) Misys
4 1 (0.81%) MKS
4 1 (0.81%) ReadSoft
4 1 (0.81%) Veracode