Period
to 29 July 2021

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for SEPA skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SEPA over the 6 months to 29 July 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.

Single Euro Payments Area (SEPA)
England > London
6 months to
29 Jul 2021
Same period 2020 Same period 2019
Rank 511 379 540
Rank change year-on-year -132 +161 +50
Contract jobs citing SEPA 22 13 59
As % of all contract jobs advertised in London 0.073% 0.082% 0.15%
As % of the Quality Assurance & Compliance category 0.60% 0.73% 1.37%
Number of daily rates quoted 16 10 36
10th Percentile £441 £403 £276
25th Percentile £525 £464 £363
Median daily rate (50th Percentile) £600 £609 £513
Median % change year-on-year -1.44% +18.78% +9.04%
75th Percentile £647 £619 £583
90th Percentile £675 £629 £675
England median daily rate £600 £609 £489
% change year-on-year -1.44% +24.62% +3.39%

SEPA 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 3,654 1,792 4,293
As % of all contract IT jobs advertised in London 12.15% 11.29% 10.64%
Number of daily rates quoted 2,488 1,234 2,974
10th Percentile £325 £305 £301
25th Percentile £419 £406 £388
Median daily rate (50th Percentile) £525 £500 £500
Median % change year-on-year +5.00% - +5.26%
75th Percentile £625 £588 £588
90th Percentile £700 £650 £675
England median daily rate £488 £475 £450
% change year-on-year +2.63% +5.56% -
Number of hourly rates quoted 35 34 53
10th Percentile £14.34 £15.95 £12.50
25th Percentile £20.00 £21.00 £15.00
Median hourly rate £25.50 £32.09 £21.00
Median % change year-on-year -20.52% +52.79% -16.00%
75th Percentile £30.63 £45.75 £28.00
90th Percentile £43.43 £55.33 £42.36
England median hourly rate £21.00 £25.60 £22.00
% change year-on-year -17.95% +16.34% +0.46%

SEPA
Job Vacancy Trend in London

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

Job vacancy trend for SEPA in London

SEPA
Contractor Daily Rate Trend in London

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

Daily rate trend for SEPA in London

SEPA
Daily Rate Histogram in London

Daily rate distribution for jobs citing SEPA in London over the 6 months to 29 July 2021.

Daily rate histogram for SEPA in London

SEPA
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 SEPA within the London region over the 6 months to 29 July 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 - 6 £600 -
SEPA
England

For the 6 months to 29 July 2021, IT contractor jobs citing SEPA 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 SEPA.

1 16 (72.73%) Banking
1 16 (72.73%) SWIFT
2 9 (40.91%) Finance
3 6 (27.27%) PSD2
4 5 (22.73%) ISO 20022
4 5 (22.73%) Social Skills
4 5 (22.73%) Agile Software Development
5 4 (18.18%) TARGET2
6 3 (13.64%) Presentation Skills
6 3 (13.64%) Foreign Exchange (FX)
6 3 (13.64%) Unix
6 3 (13.64%) Back Office
6 3 (13.64%) Service Delivery
6 3 (13.64%) Root Cause Analysis
6 3 (13.64%) Mobile Payment
6 3 (13.64%) DevOps
6 3 (13.64%) Data Privacy
6 3 (13.64%) Kalman Filter
6 3 (13.64%) Incident Management
7 2 (9.09%) Security Architecture
7 2 (9.09%) Data Mapping
7 2 (9.09%) Test Automation
7 2 (9.09%) Cash Management
7 2 (9.09%) Requirements Management
7 2 (9.09%) Retail Banking
7 2 (9.09%) Online Banking
7 2 (9.09%) Business Analysis
7 2 (9.09%) Software Testing
7 2 (9.09%) QA
7 2 (9.09%) Analytical Skills

SEPA
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 2 (9.09%) MTS
2 1 (4.55%) WebSphere
Business Applications
1 2 (9.09%) Distributed Ledger
1 2 (9.09%) Finacle
2 1 (4.55%) Dynamics CRM
2 1 (4.55%) Temenos T24
Communications & Networking
1 2 (9.09%) Internet
1 2 (9.09%) RTP
2 1 (4.55%) Firewall
2 1 (4.55%) LAN
2 1 (4.55%) VPN
2 1 (4.55%) WAN
2 1 (4.55%) Wireless
Database & Business Intelligence
1 1 (4.55%) DB2
General
1 16 (72.73%) Banking
2 9 (40.91%) Finance
3 5 (22.73%) Social Skills
4 3 (13.64%) Back Office
4 3 (13.64%) Presentation Skills
5 2 (9.09%) Analytical Skills
5 2 (9.09%) Retail Banking
6 1 (4.55%) Marketing
6 1 (4.55%) Retail
Job Titles
1 11 (50.00%) Architect
2 10 (45.45%) Payments Architect
3 8 (36.36%) Solutions Architect
4 7 (31.82%) Payments Solutions Architect
5 4 (18.18%) Business Analyst
6 3 (13.64%) Back Office Engineer
7 2 (9.09%) Analyst
7 2 (9.09%) Payments Business Analyst
7 2 (9.09%) Payments Test Manager
7 2 (9.09%) Test Manager
8 1 (4.55%) Consultant
8 1 (4.55%) Delivery Manager
8 1 (4.55%) Infrastructure Architect
8 1 (4.55%) Infrastructure Solutions Architect
8 1 (4.55%) Payments Consultant
8 1 (4.55%) Senior Architect
8 1 (4.55%) Senior Business Analyst
8 1 (4.55%) Senior Payments Business Analyst
Libraries, Frameworks & Software Standards
1 1 (4.55%) WebSphere MQ
Miscellaneous
1 16 (72.73%) SWIFT
2 3 (13.64%) Foreign Exchange (FX)
2 3 (13.64%) Mobile Payment
3 2 (9.09%) Fedwire
3 2 (9.09%) Mobile Banking
3 2 (9.09%) Online Banking
4 1 (4.55%) Data Centre
4 1 (4.55%) Virtual Team
Operating Systems
1 3 (13.64%) Unix
2 1 (4.55%) Linux
2 1 (4.55%) Red Hat Enterprise Linux
Processes & Methodologies
1 5 (22.73%) Agile Software Development
2 3 (13.64%) Data Privacy
2 3 (13.64%) DevOps
2 3 (13.64%) Incident Management
2 3 (13.64%) Kalman Filter
2 3 (13.64%) Root Cause Analysis
2 3 (13.64%) Service Delivery
3 2 (9.09%) Cash Management
3 2 (9.09%) Continuous Improvement
3 2 (9.09%) Cybersecurity
3 2 (9.09%) Data Mapping
3 2 (9.09%) Feasibility Study
3 2 (9.09%) Non-Functional Testing
3 2 (9.09%) QA Automation
3 2 (9.09%) Requirements Management
3 2 (9.09%) Security Architecture
3 2 (9.09%) Target Operating Model
3 2 (9.09%) Test Automation
3 2 (9.09%) Test Strategy
3 2 (9.09%) Waterfall
Quality Assurance & Compliance
1 6 (27.27%) PSD2
2 5 (22.73%) ISO 20022
3 4 (18.18%) TARGET2
4 2 (9.09%) QA
5 1 (4.55%) GDPR
System Software
1 1 (4.55%) VMware ESXi
1 1 (4.55%) VMware Infrastructure
1 1 (4.55%) vSphere
Vendors
1 2 (9.09%) FIS
1 2 (9.09%) Microsoft
2 1 (4.55%) Citrix
2 1 (4.55%) IBM
2 1 (4.55%) Red Hat
2 1 (4.55%) Temenos
2 1 (4.55%) VMware