TARGET2 Contracts in London

TARGET2
England > London

The table below provides summary statistics for contract job vacancies advertised in London requiring TARGET2 skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited TARGET2 over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 352 - 484
Rank change year-on-year - - +113
Contract jobs citing TARGET2 1 0 9
As % of all contract jobs advertised in London 0.008% - 0.033%
As % of the Quality Assurance & Compliance category 0.050% - 0.25%
Number of daily rates quoted 0 0 5
10th Percentile - - £608
25th Percentile - - £638
Median daily rate (50th Percentile) - - £675
Median % change year-on-year - - +90.14%
75th Percentile - - £888
90th Percentile - - -
England median daily rate - - £675
% change year-on-year - - +90.14%

All Quality Assurance and Compliance Skills
London

TARGET2 falls under the Quality Assurance and Compliance category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring quality assurance or compliance skills in London.

Contract vacancies with a requirement for quality assurance or compliance skills 1,992 2,495 3,530
As % of all contract IT jobs advertised in London 15.88% 13.99% 13.06%
Number of daily rates quoted 1,317 1,770 2,546
10th Percentile £313 £350 £350
25th Percentile £413 £425 £450
Median daily rate (50th Percentile) £530 £550 £563
Median % change year-on-year -3.64% -2.22% +2.27%
75th Percentile £675 £688 £688
90th Percentile £775 £800 £792
England median daily rate £513 £525 £525
% change year-on-year -2.38% - -
Number of hourly rates quoted 28 62 36
10th Percentile £19.44 £12.70 £20.25
25th Percentile £22.27 £17.85 £21.24
Median hourly rate £34.75 £24.75 £30.75
Median % change year-on-year +40.40% -19.51% -30.90%
75th Percentile £57.50 £43.75 £63.75
90th Percentile £86.37 £53.73 £81.25
England median hourly rate £34.75 £22.34 £41.50
% change year-on-year +55.55% -46.17% +50.91%

TARGET2
Job Vacancy Trend in London

Job postings citing TARGET2 as a proportion of all IT jobs advertised in London.

Job vacancy trend for TARGET2 in London

TARGET2
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing TARGET2 in London.

Daily rate trend for TARGET2 in London

TARGET2
Co-occurring Skills and Capabilities in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

General
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Banking
1 1 (100.00%) Finance
1 1 (100.00%) Social Skills
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Payments Analyst
1 1 (100.00%) Payments Business Analyst
Miscellaneous
1 1 (100.00%) Foreign Exchange (FX)
1 1 (100.00%) SWIFT Messaging Network
Processes & Methodologies
1 1 (100.00%) Business Analysis
1 1 (100.00%) Collateral Management
1 1 (100.00%) GAP Analysis
1 1 (100.00%) Migration
1 1 (100.00%) Problem-Solving
1 1 (100.00%) Project Delivery
1 1 (100.00%) SDLC
1 1 (100.00%) Workflow
1 1 (100.00%) Workflow Analysis
Quality Assurance & Compliance
1 1 (100.00%) ISO 20022
1 1 (100.00%) SEPA
Vendors
1 1 (100.00%) Murex