Period
to 11 December 2019

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 2019 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 2019
Same period 2018 Same period 2017
Rank 501 599 611
Rank change year-on-year +98 +12 -36
Contract jobs citing SEPA 27 40 44
As % of all contract IT jobs advertised in London 0.079% 0.085% 0.093%
As % of the Quality Assurance & Compliance category 0.81% 0.83% 0.71%
Number of daily rates quoted 24 24 29
London median daily rate £538 £513 £500
Median daily rate % change year-on-year +4.88% +2.50% +2.56%
10th Percentile £263 £300 £367
90th Percentile £619 £625 £590
England median daily rate £514 £550 £500
% change year-on-year -6.64% +10.00% -
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 3,342 4,799 6,185
As % of all contract IT jobs advertised in London 9.79% 10.19% 13.02%
Number of daily rates quoted 2,291 3,354 4,445
London median daily rate £493 £479 £483
Median daily rate % change year-on-year +2.93% -0.83% +4.89%
10th Percentile £281 £280 £300
90th Percentile £675 £670 £675
England median daily rate £450 £450 £450
Number of hourly rates quoted 57 71 76
London median hourly rate £18.85 £26.50 £20.00
Median hourly rate % change year-on-year -28.87% +32.50% -
10th Percentile £12.30 £11.00 £12.00
90th Percentile £43.30 £57.50 £52.25
England median hourly rate £22.36 £20.08 £20.60
% change year-on-year +11.36% -2.55% -8.44%

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 2019.

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 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
West London +29 5 £613 +53.13%
Central London +29 4 £550 +83.33%
SEPA
England

For the 6 months to 11 December 2019, 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 19 (70.37%) Banking
2 11 (40.74%) SWIFT
3 10 (37.04%) Finance
4 9 (33.33%) Business Analysis
4 9 (33.33%) Analytical Skills
5 8 (29.63%) Functional Testing
5 8 (29.63%) Workflow
6 7 (25.93%) Test Scripting
7 6 (22.22%) QA
7 6 (22.22%) Agile Software Development
7 6 (22.22%) Migration
8 5 (18.52%) General Ledger
8 5 (18.52%) Cash Management
8 5 (18.52%) Procure-to-Pay
8 5 (18.52%) PSD2
9 4 (14.81%) Oracle Payables
9 4 (14.81%) Scenario Testing
9 4 (14.81%) Oracle Procure-to-Pay
9 4 (14.81%) Oracle Cash Management
9 4 (14.81%) Oracle Assets
9 4 (14.81%) Oracle E-Business Tax
9 4 (14.81%) Record to Report
9 4 (14.81%) FIS
9 4 (14.81%) Oracle BI EE
9 4 (14.81%) Data Migration
9 4 (14.81%) Oracle EBS R12
9 4 (14.81%) Oracle iProcurement
9 4 (14.81%) EFT
9 4 (14.81%) ITSM
9 4 (14.81%) Service Management

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 1 (3.70%) SharePoint
Business Applications
1 4 (14.81%) Oracle Assets
1 4 (14.81%) Oracle Cash Management
1 4 (14.81%) Oracle EBS R12
1 4 (14.81%) Oracle E-Business Tax
1 4 (14.81%) Oracle iProcurement
1 4 (14.81%) Oracle Payables
1 4 (14.81%) Oracle Procure-to-Pay
2 2 (7.41%) Actimize
3 1 (3.70%) SAP S/4HANA
Communications & Networking
1 1 (3.70%) ATM
Database & Business Intelligence
1 4 (14.81%) Oracle BI EE
2 1 (3.70%) SQL Server
General
1 19 (70.37%) Banking
2 10 (37.04%) Finance
3 5 (18.52%) General Ledger
4 2 (7.41%) Retail
5 1 (3.70%) Back Office
5 1 (3.70%) Investment Banking
Job Titles
1 17 (62.96%) Analyst
2 13 (48.15%) Business Analyst
3 12 (44.44%) Payments Business Analyst
4 11 (40.74%) Payments Analyst
5 9 (33.33%) Banking Analyst
6 8 (29.63%) Banking Business Analyst
7 4 (14.81%) Consultant
7 4 (14.81%) Functional Consultant
7 4 (14.81%) Oracle Consultant
7 4 (14.81%) Oracle Functional Consultant
7 4 (14.81%) Oracle P2P Consultant
7 4 (14.81%) Test Analyst
8 3 (11.11%) Tester
9 1 (3.70%) DBA
9 1 (3.70%) Developer
9 1 (3.70%) Manual Tester
9 1 (3.70%) SQL DBA
9 1 (3.70%) SQL Developer
9 1 (3.70%) SQL Server DBA
9 1 (3.70%) SQL Server Developer
Libraries, Frameworks & Software Standards
1 2 (7.41%) XML
2 1 (3.70%) SAP Fiori
Miscellaneous
1 11 (40.74%) SWIFT
2 9 (33.33%) Analytical Skills
3 4 (14.81%) EFT
4 2 (7.41%) Online Banking
5 1 (3.70%) Mobile App
5 1 (3.70%) PACS
5 1 (3.70%) Replication
Processes & Methodologies
1 9 (33.33%) Business Analysis
2 8 (29.63%) Functional Testing
2 8 (29.63%) Workflow
3 7 (25.93%) Test Scripting
4 6 (22.22%) Agile Software Development
4 6 (22.22%) Migration
5 5 (18.52%) Cash Management
5 5 (18.52%) Procure-to-Pay
6 4 (14.81%) Data Migration
6 4 (14.81%) ITSM
6 4 (14.81%) Record to Report
6 4 (14.81%) Scenario Testing
6 4 (14.81%) Service Management
7 3 (11.11%) Fintech
8 2 (7.41%) Data Mapping
8 2 (7.41%) Regression Testing
8 2 (7.41%) Stakeholder Management
8 2 (7.41%) System Integration Testing
8 2 (7.41%) User Acceptance Testing
8 2 (7.41%) Validation
Programming Languages
1 1 (3.70%) Java
1 1 (3.70%) Python
1 1 (3.70%) SQL
Qualifications
1 1 (3.70%) ISTQB
Quality Assurance & Compliance
1 6 (22.22%) QA
2 5 (18.52%) PSD2
3 1 (3.70%) ISO 8583
3 1 (3.70%) PMO
3 1 (3.70%) TARGET2
Vendors
1 4 (14.81%) FIS
1 4 (14.81%) Oracle
2 1 (3.70%) Ariba
2 1 (3.70%) Concur
2 1 (3.70%) SAP