Period
to 24 February 2018

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 24 February 2018 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
24 Feb 2018
Same period 2017 Same period 2016
Rank 575 529 531
Rank change year-on-year -46 +2 +8
Contract jobs citing SEPA 45 62 77
As % of all contract IT jobs advertised in London 0.097% 0.15% 0.17%
As % of the Quality Assurance & Compliance category 0.75% 1.25% 1.48%
Number of daily rates quoted 29 54 45
London median daily rate £500 £525 £600
Median daily rate % change year-on-year -4.76% -12.50% +26.32%
10th Percentile £400 £366 £343
90th Percentile £588 £775 £663
England median daily rate £500 £525 £550
% change year-on-year -4.76% -4.55% +15.79%
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 6,039 4,943 5,187
As % of all contract IT jobs advertised in London 12.96% 11.96% 11.65%
Number of daily rates quoted 4,280 3,430 3,555
London median daily rate £488 £475 £450
Median daily rate % change year-on-year +2.63% +5.56% +5.88%
10th Percentile £303 £284 £263
90th Percentile £675 £675 £630
England median daily rate £450 £425 £410
% change year-on-year +5.88% +3.66% +2.50%
Number of hourly rates quoted 88 77 61
London median hourly rate £20.00 £22.00 £22.12
Median hourly rate % change year-on-year -9.09% -0.52% +2.86%
10th Percentile £12.78 £12.09 £12.00
90th Percentile £57.50 £48.35 £55.00
England median hourly rate £21.01 £21.75 £25.00
% change year-on-year -3.40% -13.00% +16.28%

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 24 February 2018.

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 24 February 2018. 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 -26 22 £500 +5.26% 2
South London - 1 £600 -
SEPA
England

For the 6 months to 24 February 2018, 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 39 (86.67%) SWIFT
2 34 (75.56%) Banking
2 34 (75.56%) Finance
3 18 (40.00%) Java
4 17 (37.78%) Oracle
5 16 (35.56%) Anti-Money Laundering
6 15 (33.33%) J2EE
7 14 (31.11%) AIX
7 14 (31.11%) Investment Banking
8 13 (28.89%) MQSeries
8 13 (28.89%) JSP
9 12 (26.67%) Unix
10 9 (20.00%) Fedwire
10 9 (20.00%) Solaris
10 9 (20.00%) SQL Server
10 9 (20.00%) Agile Software Development
11 8 (17.78%) Cash Management
11 8 (17.78%) User Acceptance Testing
12 7 (15.56%) Kalman Filter
12 7 (15.56%) SQL
12 7 (15.56%) Java EE
13 6 (13.33%) QA
13 6 (13.33%) Actimize
13 6 (13.33%) Retail Banking
13 6 (13.33%) Financial Institution
13 6 (13.33%) SDLC
13 6 (13.33%) Oracle Cash Management
14 5 (11.11%) TARGET2
14 5 (11.11%) MySQL
14 5 (11.11%) WebSphere

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 13 (28.89%) MQSeries
2 5 (11.11%) WebSphere
3 2 (4.44%) WebSphere Application Server
4 1 (2.22%) CMS
Business Applications
1 6 (13.33%) Actimize
1 6 (13.33%) Oracle Cash Management
2 1 (2.22%) Misys Midas
2 1 (2.22%) SAP CO
2 1 (2.22%) SAP FI
2 1 (2.22%) SAP FI/CO
Cloud Services
1 2 (4.44%) IaaS
1 2 (4.44%) SaaS
2 1 (2.22%) Amazon AWS
Database & Business Intelligence
1 9 (20.00%) SQL Server
2 5 (11.11%) MySQL
3 2 (4.44%) Oracle Database
3 2 (4.44%) Oracle Database 11g
4 1 (2.22%) MongoDB
Development Applications
1 1 (2.22%) Cucumber
1 1 (2.22%) Selenium
1 1 (2.22%) SoapUI
General
1 34 (75.56%) Banking
1 34 (75.56%) Finance
2 14 (31.11%) Investment Banking
3 6 (13.33%) Financial Institution
3 6 (13.33%) Retail Banking
4 1 (2.22%) Back Office
4 1 (2.22%) Front Office
4 1 (2.22%) International Banking
4 1 (2.22%) Spanish Language
Job Titles
1 26 (57.78%) Analyst
2 12 (26.67%) Business Analyst
3 10 (22.22%) Applications Support
3 10 (22.22%) Payments Analyst
4 9 (20.00%) Applications Support Analyst
4 9 (20.00%) Support Analyst
5 8 (17.78%) Compliance Analyst
5 8 (17.78%) Consultant
6 5 (11.11%) Applications Consultant
6 5 (11.11%) Compliance Consultant
6 5 (11.11%) Payments Business Analyst
7 4 (8.89%) Developer
7 4 (8.89%) Java Developer
7 4 (8.89%) Technical Analyst
8 2 (4.44%) Agile Java Developer
8 2 (4.44%) Architect
8 2 (4.44%) Banking Business Analyst
8 2 (4.44%) Senior Analyst
8 2 (4.44%) Senior Business Analyst
8 2 (4.44%) Systems Analyst
Libraries, Frameworks & Software Standards
1 15 (33.33%) J2EE
2 13 (28.89%) JSP
3 7 (15.56%) Java EE
4 4 (8.89%) Spring
5 3 (6.67%) WebSphere MQ
6 2 (4.44%) Hibernate
6 2 (4.44%) Spring Boot
6 2 (4.44%) Spring MVC
6 2 (4.44%) XML
7 1 (2.22%) .NET
7 1 (2.22%) Akka
7 1 (2.22%) Kafka
7 1 (2.22%) Middleware
7 1 (2.22%) REST
Miscellaneous
1 39 (86.67%) SWIFT
2 9 (20.00%) Fedwire
3 2 (4.44%) Foreign Exchange (FX)
3 2 (4.44%) Mobile Payment
3 2 (4.44%) Virtual Team
4 1 (2.22%) Computer Science
4 1 (2.22%) Enterprise Software
4 1 (2.22%) Equities
Operating Systems
1 14 (31.11%) AIX
2 12 (26.67%) Unix
3 9 (20.00%) Solaris
4 2 (4.44%) Linux
5 1 (2.22%) Windows
5 1 (2.22%) Windows Server
Processes & Methodologies
1 16 (35.56%) Anti-Money Laundering
2 9 (20.00%) Agile Software Development
3 8 (17.78%) Cash Management
3 8 (17.78%) User Acceptance Testing
4 7 (15.56%) Kalman Filter
5 6 (13.33%) SDLC
6 4 (8.89%) Migration
7 3 (6.67%) Continuous Integration
7 3 (6.67%) Enterprise Architecture
7 3 (6.67%) Software Engineering
8 2 (4.44%) Business Analysis
8 2 (4.44%) Defect Management
8 2 (4.44%) Kanban
8 2 (4.44%) Microservices
8 2 (4.44%) MVC
8 2 (4.44%) Project Management
8 2 (4.44%) Scrum
8 2 (4.44%) Stakeholder Management
8 2 (4.44%) TDD
8 2 (4.44%) Technical Architecture
Programming Languages
1 18 (40.00%) Java
2 7 (15.56%) SQL
3 2 (4.44%) C
3 2 (4.44%) PL/SQL
Qualifications
1 1 (2.22%) Computer Science Degree
1 1 (2.22%) Degree
Quality Assurance & Compliance
1 6 (13.33%) QA
2 5 (11.11%) TARGET2
3 2 (4.44%) SLA
4 1 (2.22%) Data Quality
System Software
1 1 (2.22%) Docker
Systems Management
1 1 (2.22%) Kubernetes
Vendors
1 17 (37.78%) Oracle
2 1 (2.22%) SAP
2 1 (2.22%) Tableau
2 1 (2.22%) VMware
2 1 (2.22%) VocaLink