Period
to 11 December 2017

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 11 December 2017 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
11 Dec 2017
Same period 2016 Same period 2015
Rank 598 559 542
Rank change year-on-year -39 -17 +22
Contract jobs citing SEPA 44 52 68
As % of all contract IT jobs advertised in London 0.093% 0.12% 0.15%
As % of the Quality Assurance & Compliance category 0.71% 1.03% 1.24%
Number of daily rates quoted 29 46 35
London median daily rate £500 £488 £525
Median daily rate % change year-on-year +2.56% -7.14% +16.67%
10th Percentile £367 £388 £337
90th Percentile £590 £763 £644
England median daily rate £500 £500 £500
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

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 6198 5072 5505
As % of all contract IT jobs advertised in London 13.05% 11.42% 11.87%
Number of daily rates quoted 4455 3535 3785
London median daily rate £483 £451 £450
Median daily rate % change year-on-year +6.98% +0.22% +5.88%
10th Percentile £300 £275 £258
90th Percentile £675 £650 £625
England median daily rate £450 £425 £413
% change year-on-year +5.88% +3.03% +3.13%
Number of hourly rates quoted 77 71 68
London median hourly rate £20.00 £20.00 £21.60
Median hourly rate % change year-on-year - -7.39% +13.66%
10th Percentile £12.00 £12.15 £13.05
90th Percentile £51.20 £50.00 £66.38
England median hourly rate £20.80 £22.50 £22.00
% change year-on-year -7.56% +2.27% +10.00%

SEPA
Job Vacancy Trend in London

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

Job vacancy trend for SEPA in London

SEPA
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for SEPA in London

SEPA
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing SEPA in London over the 6 months to 11 December 2017.

Contractor daily rate histogram for SEPA in London

SEPA
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend 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 11 December 2017. 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 -13 23 £475 +15.15%
South London - 1 £600 -
SEPA
England

For the 6 months to 11 December 2017, IT contractor jobs citing SEPA also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for SEPA.

1 37 (84.09%) SWIFT
2 34 (77.27%) Banking
3 32 (72.73%) Finance
4 15 (34.09%) Java
5 14 (31.82%) J2EE
5 14 (31.82%) Oracle
5 14 (31.82%) Anti-Money Laundering
6 10 (22.73%) SQL Server
6 10 (22.73%) Investment Banking
6 10 (22.73%) User Acceptance Testing
7 9 (20.45%) JSP
7 9 (20.45%) SQL
7 9 (20.45%) MQSeries
7 9 (20.45%) AIX
8 8 (18.18%) Agile Software Development
8 8 (18.18%) QA
9 7 (15.91%) Actimize
9 7 (15.91%) Cash Management
9 7 (15.91%) Unix
9 7 (15.91%) Oracle Cash Management
10 6 (13.64%) Fedwire
10 6 (13.64%) Solaris
11 5 (11.36%) Technical Analysis
11 5 (11.36%) Kalman Filter
11 5 (11.36%) Business Analysis
12 4 (9.09%) Retail Banking
12 4 (9.09%) Java EE
12 4 (9.09%) Migration
12 4 (9.09%) TARGET2
12 4 (9.09%) SDLC

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 9 (20.45%) MQSeries
2 3 (6.82%) WebSphere
Applications
1 1 (2.27%) Microsoft Project
1 1 (2.27%) MS Visio
Business Applications
1 7 (15.91%) Actimize
1 7 (15.91%) Oracle Cash Management
2 3 (6.82%) Misys Midas
Cloud Services
1 1 (2.27%) Amazon AWS
Communications & Networking
1 1 (2.27%) SWIFTNet
Database & Business Intelligence
1 10 (22.73%) SQL Server
2 3 (6.82%) MySQL
3 1 (2.27%) MongoDB
3 1 (2.27%) Oracle Database
3 1 (2.27%) Oracle Database 11g
Development Applications
1 1 (2.27%) Cucumber
1 1 (2.27%) JIRA
1 1 (2.27%) SoapUI
General
1 34 (77.27%) Banking
2 32 (72.73%) Finance
3 10 (22.73%) Investment Banking
4 4 (9.09%) Retail Banking
5 3 (6.82%) Financial Institution
6 2 (4.55%) International Banking
6 2 (4.55%) Legal
6 2 (4.55%) Marketing
7 1 (2.27%) Front Office
Job Titles
1 28 (63.64%) Analyst
2 15 (34.09%) Business Analyst
3 11 (25.00%) Payments Analyst
4 10 (22.73%) Applications Support
4 10 (22.73%) Support Analyst
5 9 (20.45%) Applications Support Analyst
5 9 (20.45%) Compliance Analyst
6 7 (15.91%) Payments Business Analyst
6 7 (15.91%) Systems Analyst
7 5 (11.36%) Consultant
8 4 (9.09%) Banking Analyst
8 4 (9.09%) Systems Support
8 4 (9.09%) Systems Support Analyst
9 3 (6.82%) Applications Consultant
9 3 (6.82%) Compliance Consultant
9 3 (6.82%) Tester
10 2 (4.55%) Architect
10 2 (4.55%) Bid Manager
10 2 (4.55%) Senior Business Analyst
10 2 (4.55%) Technical Analyst
Libraries, Frameworks & Software Standards
1 14 (31.82%) J2EE
2 9 (20.45%) JSP
3 4 (9.09%) Java EE
4 3 (6.82%) WebSphere MQ
5 2 (4.55%) XML
6 1 (2.27%) Akka
6 1 (2.27%) Hibernate
6 1 (2.27%) Kafka
6 1 (2.27%) Middleware
6 1 (2.27%) Spring
6 1 (2.27%) XML Schema
Miscellaneous
1 37 (84.09%) SWIFT
2 6 (13.64%) Fedwire
3 3 (6.82%) Enterprise Software
3 3 (6.82%) Mobile Payment
4 2 (4.55%) Analytical Skills
4 2 (4.55%) Foreign Exchange (FX)
4 2 (4.55%) PMI
5 1 (2.27%) APACS
5 1 (2.27%) Equities
5 1 (2.27%) Virtual Team
Operating Systems
1 9 (20.45%) AIX
2 7 (15.91%) Unix
3 6 (13.64%) Solaris
Processes & Methodologies
1 14 (31.82%) Anti-Money Laundering
2 10 (22.73%) User Acceptance Testing
3 8 (18.18%) Agile Software Development
4 7 (15.91%) Cash Management
5 5 (11.36%) Business Analysis
5 5 (11.36%) Kalman Filter
5 5 (11.36%) Technical Analysis
6 4 (9.09%) Migration
6 4 (9.09%) SDLC
7 3 (6.82%) ITIL
7 3 (6.82%) Project Management
7 3 (6.82%) System Integration Testing
7 3 (6.82%) Technical Architecture
7 3 (6.82%) Test Automation
7 3 (6.82%) Workflow
8 2 (4.55%) Continuous Integration
8 2 (4.55%) Customer Engagement
8 2 (4.55%) Enterprise Architecture
8 2 (4.55%) Scrum
8 2 (4.55%) Software Engineering
Programming Languages
1 15 (34.09%) Java
2 9 (20.45%) SQL
3 1 (2.27%) PL/SQL
Qualifications
1 2 (4.55%) PMI Certification
Quality Assurance & Compliance
1 8 (18.18%) QA
2 4 (9.09%) TARGET2
3 2 (4.55%) PSD2
4 1 (2.27%) COBIT
4 1 (2.27%) GDPR
4 1 (2.27%) ISO 20022
4 1 (2.27%) SLA
System Software
1 1 (2.27%) Docker
Systems Management
1 1 (2.27%) Kubernetes
Vendors
1 14 (31.82%) Oracle
2 1 (2.27%) VMware