The table below looks at the prevalence of the term SWIFT in contract job vacancies advertised in Scotland. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFT over the 3 months to 25 March 2017 with a comparison to the same period over 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.

3 months to
25 Mar 2017
Same period 2016 Same period 2015
Society for Worldwide Interbank Financial Telecommunication (SWIFT)
UK / Scotland
Rank 104 117 124
Rank change year-on-year +13 +7  
Contract jobs citing SWIFT 3 13 3
As % of all contract IT jobs advertised in Scotland 0.17% 0.50% 0.11%
As % of the Miscellaneous category 0.53% 1.66% 0.42%
Number of daily rates quoted 2 11 2
Median daily rate £419 £280 £378
Median daily rate % change year-on-year +49.55% -25.82%  
90% offered a daily rate of more than £414 £225 £376
10% offered a daily rate of more than £424 £300 £380
UK excluding London median daily rate £425 £300 £363
% change year-on-year +41.66% -17.24%  
Number of hourly rates quoted 0 1 0
Median hourly rate - £22.00 -
UK excluding London median hourly rate - £22.00 -

SWIFT is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Scotland with a requirement for generic IT skills.

Generic IT Skills
Scotland
Contract job vacancies with a requirement for generic IT skills 568 783 711
As % of all contract IT job vacancies advertised in Scotland 32.36% 30.26% 24.91%
Number of daily rates quoted 324 429 373
Median daily rate £358 £375 £365
Median daily rate % change year-on-year -4.66% +2.73%  
90% offered a daily rate of more than £190 £225 £160
10% offered a daily rate of more than £500 £500 £500
UK excluding London median daily rate £396 £375 £375
% change year-on-year +5.46% -  
Number of hourly rates quoted 14 15 23
Median hourly rate £47.23 £40.00 £18.50
Median hourly rate % change year-on-year +18.07% +116.21%  
90% offered a hourly rate of more than £11.32 £15.00 £12.10
10% offered a hourly rate of more than £52.17 £46.00 £59.00
UK excluding London median hourly rate £18.84 £28.50 £18.75
% change year-on-year -33.89% +52.00%  

SWIFT
Job Vacancy Trend in Scotland

The job posting trend of jobs advertised in Scotland citing SWIFT as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for SWIFT in Scotland

SWIFT
Contractor Daily Rate Trend in Scotland

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

Contractor daily rate trend for SWIFT in Scotland

SWIFT
Contract Job Locations in Scotland

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SWIFT within the Scotland region over the 3 months to 25 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Glasgow -4 2 £419 +86.11% 1
Edinburgh +15 1 - -
SWIFT
UK

SWIFT
Top 30 Related IT Skills in Scotland

For the 6 months to 25 March 2017, IT contractor jobs citing SWIFT 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 Scotland region with a requirement for SWIFT.

1 4 (100.00%) Finance
2 2 (50.00%) Investment Management
2 2 (50.00%) Change Management
3 1 (25.00%) Risk Management
3 1 (25.00%) Electronics
3 1 (25.00%) Telecoms
3 1 (25.00%) SC Cleared
3 1 (25.00%) Security Cleared
3 1 (25.00%) Functional Testing
3 1 (25.00%) Data Structures
3 1 (25.00%) Data Centre
3 1 (25.00%) SEPA
3 1 (25.00%) ISO27005
3 1 (25.00%) Threat Modelling
3 1 (25.00%) Business Analysis
3 1 (25.00%) SAP Oil and Gas
3 1 (25.00%) Retail Banking
3 1 (25.00%) Marketing
3 1 (25.00%) Project Planning
3 1 (25.00%) Digital Marketing
3 1 (25.00%) User Acceptance Testing
3 1 (25.00%) MS Project
3 1 (25.00%) SAP
3 1 (25.00%) Business Intelligence
3 1 (25.00%) Microsoft
3 1 (25.00%) ISEB
3 1 (25.00%) Project Management
3 1 (25.00%) Law
3 1 (25.00%) Manufacturing
3 1 (25.00%) Stakeholder Management

SWIFT
Top Related IT Skills in Scotland 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:

Applications
1 1 (25.00%) MS Project
Business Applications
1 1 (25.00%) SAP Oil and Gas
General
1 4 (100.00%) Finance
2 1 (25.00%) Banking
2 1 (25.00%) Electronics
2 1 (25.00%) Law
2 1 (25.00%) Manufacturing
2 1 (25.00%) Marketing
2 1 (25.00%) Retail
2 1 (25.00%) Retail Banking
2 1 (25.00%) Telecoms
Job Titles
1 2 (50.00%) Business Analyst
1 2 (50.00%) IT Business Analyst
2 1 (25.00%) Analyst
2 1 (25.00%) Business IT Analyst
2 1 (25.00%) Finance Business Analyst
2 1 (25.00%) Financial Analyst
2 1 (25.00%) Financial Business Analyst
2 1 (25.00%) Financial Services Business Analyst
2 1 (25.00%) IT Analyst
2 1 (25.00%) IT Manager
2 1 (25.00%) IT Project Manager
2 1 (25.00%) Project Manager
2 1 (25.00%) Security Advisor
2 1 (25.00%) Service Analyst
Miscellaneous
1 1 (25.00%) CESG
1 1 (25.00%) Data Centre
1 1 (25.00%) Data Structures
Processes & Methodologies
1 2 (50.00%) Change Management
1 2 (50.00%) Investment Management
2 1 (25.00%) Business Analysis
2 1 (25.00%) Business Intelligence
2 1 (25.00%) Digital Marketing
2 1 (25.00%) Functional Testing
2 1 (25.00%) Programme Management
2 1 (25.00%) Project Management
2 1 (25.00%) Project Planning
2 1 (25.00%) Risk Assessment
2 1 (25.00%) Risk Management
2 1 (25.00%) Stakeholder Management
2 1 (25.00%) Threat Modelling
2 1 (25.00%) User Acceptance Testing
Qualifications
1 1 (25.00%) ISEB
1 1 (25.00%) SC Cleared
1 1 (25.00%) Security Cleared
Quality Assurance & Compliance
1 1 (25.00%) ISO27005
1 1 (25.00%) SEPA
Vendors
1 1 (25.00%) Microsoft
1 1 (25.00%) SAP