Period
to 21 June 2018

The following table provides summary statistics for contract job vacancies with a requirement for ISO 20022 skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited ISO 20022 over the 6 months to 21 June 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.

ISO 20022
UK
6 months to
21 Jun 2018
Same period 2017 Same period 2016
Rank 854 813 867
Rank change year-on-year -41 +54 -15
Contract jobs citing ISO 20022 25 33 32
As % of all contract IT jobs advertised in the UK 0.025% 0.036% 0.030%
As % of the Quality Assurance & Compliance category 0.21% 0.31% 0.26%
Number of daily rates quoted 19 27 21
UK median daily rate £550 £525 £475
Median daily rate % change year-on-year +4.76% +10.53% -20.83%
10th Percentile £454 £413 £369
90th Percentile £647 £710 £538
UK excluding London median daily rate £750 £495 £488
% change year-on-year +51.52% +1.54% -18.75%
Number of hourly rates quoted 0 0 1
UK median hourly rate - - £40.00
UK excluding London median hourly rate - - -

ISO 20022 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 with a requirement for quality assurance or compliance skills.

All Quality Assurance and Compliance Skills
UK
Contract vacancies with a requirement for quality assurance or compliance skills 12,176 10,681 12,127
As % of all contract IT jobs advertised in the UK 12.17% 11.72% 11.37%
Number of daily rates quoted 7,798 6,912 7,776
UK median daily rate £450 £438 £403
Median daily rate % change year-on-year +2.86% +8.70% +0.63%
10th Percentile £256 £244 £225
90th Percentile £638 £625 £600
UK excluding London median daily rate £400 £393 £375
% change year-on-year +1.91% +4.67% -
Number of hourly rates quoted 381 357 420
UK median hourly rate £23.50 £20.00 £24.63
Median hourly rate % change year-on-year +17.50% -18.78% +14.53%
10th Percentile £12.50 £11.00 £11.75
90th Percentile £52.50 £53.75 £55.80
UK excluding London median hourly rate £23.50 £19.90 £27.00
% change year-on-year +18.09% -26.30% +28.57%

ISO 20022
Job Vacancy Trend

Job postings citing ISO 20022 as a percentage of all IT jobs advertised.

Job vacancy trend for ISO 20022 in the UK

ISO 20022
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing ISO 20022.

Contractor daily rate trend for ISO 20022 in the UK

ISO 20022
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing ISO 20022 over the 6 months to 21 June 2018.

Contractor daily rate histogram for ISO 20022 in the UK

ISO 20022
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing ISO 20022 within the UK over the 6 months to 21 June 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
England -58 25 £550 +4.76% 4
London -45 23 £538 +1.18% 4
UK excluding London 0 2 £750 +51.52%
North of England - 2 £750 -
Yorkshire - 2 £750 -

For the 6 months to 21 June 2018, IT contractor jobs citing ISO 20022 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 with a requirement for ISO 20022.

1 21 (84.00%) Finance
2 16 (64.00%) Banking
3 13 (52.00%) PSD2
4 12 (48.00%) XML
5 10 (40.00%) SWIFT
6 9 (36.00%) Agile Software Development
7 6 (24.00%) Back Office
7 6 (24.00%) Data Modelling
8 5 (20.00%) Scrum
8 5 (20.00%) Use Case
8 5 (20.00%) Microservices
9 4 (16.00%) User Stories
9 4 (16.00%) Acceptance Criteria
9 4 (16.00%) Sequence Diagram
9 4 (16.00%) JSON
9 4 (16.00%) JIRA
9 4 (16.00%) Retail Banking
9 4 (16.00%) Confluence
9 4 (16.00%) Financial Institution
9 4 (16.00%) Legal
9 4 (16.00%) Oracle
10 3 (12.00%) Java
10 3 (12.00%) SQL
10 3 (12.00%) Linux
10 3 (12.00%) UML
10 3 (12.00%) Migration
10 3 (12.00%) Data Integration
10 3 (12.00%) WebSphere
10 3 (12.00%) Technical Architecture
10 3 (12.00%) Integration Testing

ISO 20022
Co-occurring IT Skills 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 4 (16.00%) Confluence
2 3 (12.00%) WebSphere
3 1 (4.00%) MQSeries
3 1 (4.00%) Oracle Service Bus
3 1 (4.00%) Oracle SOA Suite
3 1 (4.00%) WebLogic
Business Applications
1 1 (4.00%) Oracle Cash Management
Communications & Networking
1 3 (12.00%) Network Security
2 2 (8.00%) SMS
3 1 (4.00%) FTP
3 1 (4.00%) HTTPS
3 1 (4.00%) VPN
Database & Business Intelligence
1 2 (8.00%) DataStage
1 2 (8.00%) DB2
1 2 (8.00%) IBM InfoSphere
2 1 (4.00%) Data Mining
2 1 (4.00%) Oracle ODI
Development Applications
1 4 (16.00%) JIRA
2 2 (8.00%) ERwin
2 2 (8.00%) PowerDesigner
2 2 (8.00%) SoapUI
3 1 (4.00%) Cucumber
3 1 (4.00%) JBehave
3 1 (4.00%) Selenium
General
1 21 (84.00%) Finance
2 16 (64.00%) Banking
3 6 (24.00%) Back Office
4 4 (16.00%) Financial Institution
4 4 (16.00%) Legal
4 4 (16.00%) Retail Banking
5 2 (8.00%) Digital Economy
5 2 (8.00%) Investment Banking
6 1 (4.00%) Billing
Job Titles
1 10 (40.00%) Architect
2 6 (24.00%) Analyst
3 5 (20.00%) Business Analyst
4 4 (16.00%) Payments Architect
5 3 (12.00%) Agile Business Analyst
5 3 (12.00%) Data Architect
5 3 (12.00%) Digital Architect
6 2 (8.00%) Banking Business Analyst
6 2 (8.00%) Consultant
6 2 (8.00%) Data Analyst
6 2 (8.00%) Payments Consultant
6 2 (8.00%) Platform Architect
6 2 (8.00%) Project Analyst
6 2 (8.00%) Technical Architect
7 1 (4.00%) Data Cleansing Analyst
7 1 (4.00%) Payments Analyst
7 1 (4.00%) Payments Tester
7 1 (4.00%) SOA Specialist
7 1 (4.00%) SOA Tester
7 1 (4.00%) Systems Integration Specialist
Libraries, Frameworks & Software Standards
1 12 (48.00%) XML
2 4 (16.00%) JSON
3 2 (8.00%) Natural Language Processing
3 2 (8.00%) SOAP
3 2 (8.00%) Swagger
3 2 (8.00%) Web Services
3 2 (8.00%) XML Messaging
3 2 (8.00%) XML Schema
3 2 (8.00%) YAML
4 1 (4.00%) EDI
4 1 (4.00%) EDIFACT
4 1 (4.00%) FIXML
4 1 (4.00%) FpML
4 1 (4.00%) IDoc
4 1 (4.00%) Middleware
4 1 (4.00%) POJO
4 1 (4.00%) WebSphere MQ
4 1 (4.00%) WSDL
4 1 (4.00%) XSD
4 1 (4.00%) XSLT
Miscellaneous
1 10 (40.00%) SWIFT
2 3 (12.00%) Hybrid Cloud
3 2 (8.00%) Analytical Skills
3 2 (8.00%) iPad
4 1 (4.00%) Algorithms
4 1 (4.00%) Derivative
4 1 (4.00%) Fedwire
4 1 (4.00%) Foreign Exchange (FX)
4 1 (4.00%) Management Information System
4 1 (4.00%) Self-Motivation
Operating Systems
1 3 (12.00%) Linux
2 2 (8.00%) Windows
3 1 (4.00%) Solaris
3 1 (4.00%) Unix
3 1 (4.00%) VMS
Processes & Methodologies
1 9 (36.00%) Agile Software Development
2 6 (24.00%) Data Modelling
3 5 (20.00%) Microservices
3 5 (20.00%) Scrum
3 5 (20.00%) Use Case
4 4 (16.00%) Acceptance Criteria
4 4 (16.00%) Sequence Diagram
4 4 (16.00%) User Stories
5 3 (12.00%) Data Integration
5 3 (12.00%) Data Migration
5 3 (12.00%) Integration Testing
5 3 (12.00%) Migration
5 3 (12.00%) Problem-Solving
5 3 (12.00%) SDLC
5 3 (12.00%) Technical Architecture
5 3 (12.00%) UML
6 2 (8.00%) API Development
6 2 (8.00%) API Testing
6 2 (8.00%) People Management
6 2 (8.00%) Software Delivery
Programming Languages
1 3 (12.00%) Java
1 3 (12.00%) SQL
2 2 (8.00%) Groovy
3 1 (4.00%) ActionScript
3 1 (4.00%) ActionScript 2.0
3 1 (4.00%) C
3 1 (4.00%) C++
3 1 (4.00%) DCL
3 1 (4.00%) JavaScript
Quality Assurance & Compliance
1 13 (52.00%) PSD2
2 2 (8.00%) GDPR
2 2 (8.00%) ISO 8583
3 1 (4.00%) Data Quality
3 1 (4.00%) FATCA
3 1 (4.00%) SEPA
3 1 (4.00%) TARGET2
Vendors
1 4 (16.00%) Oracle
2 2 (8.00%) Informatica
2 2 (8.00%) Talend
3 1 (4.00%) IBM
3 1 (4.00%) SAP