Period
to 4 December 2021

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for ISO 20022 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ISO 20022 over the 6 months to 4 December 2021 with a comparison to the same period in 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.

ISO 20022
England > London
6 months to
4 Dec 2021
Same period 2020 Same period 2019
Rank 540 375 545
Rank change year-on-year -165 +170 +89
Contract jobs citing ISO 20022 41 13 9
As % of all contract jobs advertised in London 0.11% 0.080% 0.026%
As % of the Quality Assurance & Compliance category 0.86% 0.69% 0.24%
Number of daily rates quoted 23 9 5
10th Percentile £329 £455 £349
25th Percentile £481 £475 £403
Median daily rate (50th Percentile) £600 £580 £500
Median % change year-on-year +3.45% +16.00% -11.89%
75th Percentile £695 £650 £525
90th Percentile £735 £675 £533
England median daily rate £600 £580 £403
% change year-on-year +3.45% +44.10% -29.54%

ISO 20022 is in the Quality Assurance and Compliance category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
London
Contract vacancies with a requirement for quality assurance or compliance skills 4,751 1,896 3,800
As % of all contract IT jobs advertised in London 12.60% 11.67% 10.84%
Number of daily rates quoted 3,261 1,326 2,660
10th Percentile £335 £305 £297
25th Percentile £428 £400 £388
Median daily rate (50th Percentile) £550 £500 £490
Median % change year-on-year +10.00% +2.04% +3.16%
75th Percentile £638 £588 £575
90th Percentile £725 £663 £663
England median daily rate £500 £475 £450
% change year-on-year +5.26% +5.56% -
Number of hourly rates quoted 42 7 56
10th Percentile £16.23 £19.18 £12.00
25th Percentile £21.84 £21.00 £13.75
Median hourly rate £27.00 £26.22 £18.70
Median % change year-on-year +2.97% +40.21% -22.44%
75th Percentile £33.56 £39.07 £28.00
90th Percentile £46.49 £51.73 £44.88
England median hourly rate £21.00 £23.00 £20.50
% change year-on-year -8.70% +12.20% +1.26%

ISO 20022
Job Vacancy Trend in London

Job postings citing ISO 20022 as a proportion of all IT jobs advertised in London.

Job vacancy trend for ISO 20022 in London

ISO 20022
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing ISO 20022 in London.

Daily rate trend for ISO 20022 in London

ISO 20022
Daily Rate Histogram in London

Daily rate distribution for jobs citing ISO 20022 in London over the 6 months to 4 December 2021.

Daily rate histogram for ISO 20022 in London

ISO 20022
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ISO 20022 within the London region over the 6 months to 4 December 2021. 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
Central London -55 2 £660 +38.95%
ISO 20022
England

For the 6 months to 4 December 2021, IT contractor jobs citing ISO 20022 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 London region with a requirement for ISO 20022.

1 27 (65.85%) Banking
2 26 (63.41%) Finance
3 17 (41.46%) Social Skills
4 15 (36.59%) SWIFT
5 10 (24.39%) Change Management
5 10 (24.39%) Migration
5 10 (24.39%) Agile Software Development
6 9 (21.95%) Stakeholder Management
6 9 (21.95%) Kafka
7 8 (19.51%) SEPA
8 7 (17.07%) Digital Transformation Programme
8 7 (17.07%) Data Modelling
9 6 (14.63%) Oracle
9 6 (14.63%) XML
9 6 (14.63%) Analytical Skills
10 5 (12.20%) MongoDB
10 5 (12.20%) Decision-Making
10 5 (12.20%) Test Scripting
10 5 (12.20%) Validation
10 5 (12.20%) OO
10 5 (12.20%) Java
11 4 (9.76%) Linux
11 4 (9.76%) Data Integration
11 4 (9.76%) Degree
11 4 (9.76%) Retail
11 4 (9.76%) TOGAF
11 4 (9.76%) Microservices
11 4 (9.76%) AngularJS
11 4 (9.76%) Analytics
12 3 (7.32%) ISO 15022

ISO 20022
Co-occurring IT Skills in 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 1 (2.44%) Oracle SOA Suite
Cloud Services
1 3 (7.32%) Azure
1 3 (7.32%) GCP
2 2 (4.88%) AWS
Communications & Networking
1 2 (4.88%) HTTP
Database & Business Intelligence
1 5 (12.20%) MongoDB
2 3 (7.32%) Big Data
2 3 (7.32%) NonStop SQL
3 2 (4.88%) Snowflake Schema
Development Applications
1 1 (2.44%) JIRA
1 1 (2.44%) Zephyr
General
1 27 (65.85%) Banking
2 26 (63.41%) Finance
3 17 (41.46%) Social Skills
4 6 (14.63%) Analytical Skills
5 4 (9.76%) Retail
6 3 (7.32%) Back Office
7 2 (4.88%) Billing
7 2 (4.88%) Documentation Skills
7 2 (4.88%) Retail Banking
8 1 (2.44%) Investment Banking
8 1 (2.44%) Presentation Skills
Job Titles
1 13 (31.71%) Architect
2 12 (29.27%) Analyst
3 7 (17.07%) Payments Architect
4 6 (14.63%) Banking Analyst
4 6 (14.63%) Banking Project Manager
4 6 (14.63%) Project Manager
5 5 (12.20%) Product Manager
5 5 (12.20%) Test Analyst
6 4 (9.76%) Data Architect
6 4 (9.76%) Solutions Architect
7 3 (7.32%) Business Analyst
7 3 (7.32%) Payments Analyst
8 2 (4.88%) Developer
8 2 (4.88%) Java Architect
8 2 (4.88%) Java Developer
8 2 (4.88%) Payments Solutions Architect
8 2 (4.88%) Product Owner
8 2 (4.88%) Solutions Analyst
8 2 (4.88%) Technical Analyst
8 2 (4.88%) Technical Product Owner
Libraries, Frameworks & Software Standards
1 9 (21.95%) Kafka
2 6 (14.63%) XML
3 4 (9.76%) AngularJS
4 3 (7.32%) JSON
4 3 (7.32%) Web Services
5 2 (4.88%) XML Messaging
6 1 (2.44%) RESTful
Miscellaneous
1 15 (36.59%) SWIFT
2 2 (4.88%) Virtual Team
3 1 (2.44%) Data Structures
3 1 (2.44%) iPad
3 1 (2.44%) Mainframe
3 1 (2.44%) PACS
3 1 (2.44%) Reference Data
Operating Systems
1 4 (9.76%) Linux
Processes & Methodologies
1 10 (24.39%) Agile Software Development
1 10 (24.39%) Change Management
1 10 (24.39%) Migration
2 9 (21.95%) Stakeholder Management
3 7 (17.07%) Data Modelling
3 7 (17.07%) Digital Transformation Programme
4 5 (12.20%) Decision-Making
4 5 (12.20%) OO
4 5 (12.20%) Test Scripting
4 5 (12.20%) Validation
5 4 (9.76%) Analytics
5 4 (9.76%) Data Integration
5 4 (9.76%) Microservices
5 4 (9.76%) TOGAF
6 3 (7.32%) Enterprise Architecture
6 3 (7.32%) Innovative Thinking
6 3 (7.32%) Machine Learning
6 3 (7.32%) Minimum Viable Product
6 3 (7.32%) Problem-Solving
6 3 (7.32%) Zachman Framework
Programming Languages
1 5 (12.20%) Java
2 1 (2.44%) Shell Script
2 1 (2.44%) SQL
Qualifications
1 4 (9.76%) Degree
2 1 (2.44%) TOGAF Certification
Quality Assurance & Compliance
1 8 (19.51%) SEPA
2 3 (7.32%) ISO 15022
3 2 (4.88%) TARGET2
Vendors
1 6 (14.63%) Oracle
2 3 (7.32%) Google
2 3 (7.32%) IBM
3 2 (4.88%) Informatica
3 2 (4.88%) Sparx
4 1 (2.44%) MuleSoft