Period
to 13 June 2021

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 13 June 2021 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
13 Jun 2021
Same period 2020 Same period 2019
Rank 651 606 828
Rank change year-on-year -45 +222 +67
Contract jobs citing ISO 20022 43 12 17
As % of all contract jobs advertised in the UK 0.070% 0.028% 0.019%
As % of the Quality Assurance & Compliance category 0.57% 0.25% 0.17%
Number of daily rates quoted 35 7 11
10th Percentile £370 £405 £356
25th Percentile £409 £446 £400
Median daily rate (50th Percentile) £475 £500 £450
Median % change year-on-year -5.00% +11.11% -18.18%
75th Percentile £584 £547 £538
90th Percentile £710 £575 £575
UK excluding London median daily rate £300 £485 £550
% change year-on-year -38.14% -11.82% -26.67%

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 7,510 4,791 10,276
As % of all contract IT jobs advertised in the UK 12.25% 11.03% 11.34%
Number of daily rates quoted 5,001 3,008 6,464
10th Percentile £263 £258 £255
25th Percentile £363 £356 £353
Median daily rate (50th Percentile) £475 £450 £450
Median % change year-on-year +5.56% - +1.12%
75th Percentile £575 £563 £550
90th Percentile £675 £638 £638
UK excluding London median daily rate £425 £425 £425
Number of hourly rates quoted 305 202 362
10th Percentile £11.42 £12.76 £10.75
25th Percentile £14.00 £17.27 £14.00
Median hourly rate £21.00 £22.50 £22.00
Median % change year-on-year -6.67% +2.27% +2.33%
75th Percentile £38.36 £45.00 £42.88
90th Percentile £52.50 £53.00 £50.00
UK excluding London median hourly rate £20.80 £20.56 £23.06
% change year-on-year +1.19% -10.87% +9.82%

ISO 20022
Job Vacancy Trend

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

Job vacancy trend for ISO 20022 in the UK

ISO 20022
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing ISO 20022.

Daily rate trend for ISO 20022 in the UK

ISO 20022
Daily Rate Histogram

Daily rate distribution for jobs citing ISO 20022 over the 6 months to 13 June 2021.

Daily rate histogram for ISO 20022 in the UK

ISO 20022
Top 7 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 13 June 2021. 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 -16 37 £475 -5.00% 4
London -40 32 £500 -3.61% 4
Work from Home - 11 £413 -
UK excluding London +2 6 £300 -38.14%
South West - 3 - -
South East +11 2 £350 -27.84%
Scotland - 1 £170 -

For the 6 months to 13 June 2021, 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 32 (74.42%) Finance
2 30 (69.77%) Banking
3 16 (37.21%) SWIFT
4 12 (27.91%) Agile Software Development
5 11 (25.58%) Java
6 10 (23.26%) Social Skills
7 9 (20.93%) SEPA
8 8 (18.60%) Cucumber
8 8 (18.60%) JIRA
9 7 (16.28%) Kafka
9 7 (16.28%) Analytical Skills
9 7 (16.28%) Spring Boot
9 7 (16.28%) Spring
9 7 (16.28%) XML
10 6 (13.95%) XSD
10 6 (13.95%) Google
10 6 (13.95%) User Stories
10 6 (13.95%) BDD
10 6 (13.95%) Guice
10 6 (13.95%) Test Automation
10 6 (13.95%) RESTful
10 6 (13.95%) TARGET2
11 5 (11.63%) PSD2
11 5 (11.63%) Problem-Solving
11 5 (11.63%) Retail Banking
11 5 (11.63%) Microservices
11 5 (11.63%) Business Analysis
11 5 (11.63%) Change Management
11 5 (11.63%) OO
12 4 (9.30%) Internet

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 (9.30%) Confluence
2 2 (4.65%) Apache Spark
2 2 (4.65%) Elasticsearch
2 2 (4.65%) MTS
Applications
1 3 (6.98%) MS Visio
Business Applications
1 4 (9.30%) Distributed Ledger
2 2 (4.65%) Dynamics CRM
2 2 (4.65%) Finacle
3 1 (2.33%) Oracle Cash Management
3 1 (2.33%) Payment Gateway
Cloud Services
1 1 (2.33%) Amazon Kinesis
1 1 (2.33%) AWS
1 1 (2.33%) IaaS
1 1 (2.33%) PaaS
1 1 (2.33%) Serverless
Communications & Networking
1 4 (9.30%) Internet
2 2 (4.65%) RTP
2 2 (4.65%) SWIFTNet
Database & Business Intelligence
1 4 (9.30%) MongoDB
2 3 (6.98%) Big Data
3 2 (4.65%) Hadoop
4 1 (2.33%) NoSQL
Development Applications
1 8 (18.60%) Cucumber
1 8 (18.60%) JIRA
2 4 (9.30%) Git (software)
2 4 (9.30%) Jenkins
3 2 (4.65%) ClearCase
3 2 (4.65%) Eclipse
3 2 (4.65%) IntelliJ
3 2 (4.65%) JUnit
3 2 (4.65%) Maven
3 2 (4.65%) Mockito
3 2 (4.65%) Selenium
3 2 (4.65%) TeamCity
General
1 32 (74.42%) Finance
2 30 (69.77%) Banking
3 10 (23.26%) Social Skills
4 7 (16.28%) Analytical Skills
5 5 (11.63%) Retail Banking
6 3 (6.98%) Investment Banking
7 2 (4.65%) Marketing
7 2 (4.65%) Presentation Skills
8 1 (2.33%) Back Office
Job Titles
1 14 (32.56%) Business Analyst
2 13 (30.23%) Analyst
3 12 (27.91%) Architect
4 8 (18.60%) Developer
4 8 (18.60%) Java Developer
5 5 (11.63%) Banking Analyst
5 5 (11.63%) Payments Architect
5 5 (11.63%) Solutions Architect
6 4 (9.30%) Banking Business Analyst
6 4 (9.30%) Data Architect
6 4 (9.30%) Payments Business Analyst
6 4 (9.30%) Project Manager
6 4 (9.30%) Senior Developer
6 4 (9.30%) Senior Java Developer
7 3 (6.98%) FX Business Analyst
7 3 (6.98%) Payments Analyst
7 3 (6.98%) Service Analyst
8 2 (4.65%) Finance Business Analyst
8 2 (4.65%) Financial Services Business Analyst
8 2 (4.65%) Product Owner
Libraries, Frameworks & Software Standards
1 7 (16.28%) Kafka
1 7 (16.28%) Spring
1 7 (16.28%) Spring Boot
1 7 (16.28%) XML
2 6 (13.95%) Guice
2 6 (13.95%) RESTful
2 6 (13.95%) XSD
3 2 (4.65%) Gherkin
3 2 (4.65%) JSON
4 1 (2.33%) AngularJS
4 1 (2.33%) FIX Protocol
4 1 (2.33%) J2EE
4 1 (2.33%) RabbitMQ
4 1 (2.33%) Spring MVC
Miscellaneous
1 16 (37.21%) SWIFT
2 4 (9.30%) Mobile Banking
2 4 (9.30%) Online Banking
3 3 (6.98%) Fedwire
3 3 (6.98%) Foreign Exchange (FX)
3 3 (6.98%) Mobile Payment
4 2 (4.65%) Public Cloud
4 2 (4.65%) Virtual Team
5 1 (2.33%) Algorithms
5 1 (2.33%) APACS
5 1 (2.33%) Cloud Native
5 1 (2.33%) Data Structures
5 1 (2.33%) Greenfield Project
Operating Systems
1 2 (4.65%) Unix
Processes & Methodologies
1 12 (27.91%) Agile Software Development
2 6 (13.95%) BDD
2 6 (13.95%) Test Automation
2 6 (13.95%) User Stories
3 5 (11.63%) Business Analysis
3 5 (11.63%) Change Management
3 5 (11.63%) Microservices
3 5 (11.63%) OO
3 5 (11.63%) Problem-Solving
4 4 (9.30%) Acceptance Criteria
4 4 (9.30%) Backlog Prioritisation
4 4 (9.30%) Cash Management
4 4 (9.30%) Data Integration
4 4 (9.30%) Data Mapping
4 4 (9.30%) Data Modelling
4 4 (9.30%) Migration
4 4 (9.30%) Requirements Gathering
4 4 (9.30%) Sequence Diagram
4 4 (9.30%) TDD
4 4 (9.30%) User Acceptance Testing
Programming Languages
1 11 (25.58%) Java
2 2 (4.65%) Kotlin
2 2 (4.65%) Shell Script
2 2 (4.65%) SQL
3 1 (2.33%) C++
3 1 (2.33%) Java 8
3 1 (2.33%) Python
Qualifications
1 3 (6.98%) Degree
2 1 (2.33%) Computer Science Degree
2 1 (2.33%) Security Cleared
2 1 (2.33%) TOGAF Certification
Quality Assurance & Compliance
1 9 (20.93%) SEPA
2 6 (13.95%) TARGET2
3 5 (11.63%) PSD2
4 4 (9.30%) QA
5 3 (6.98%) ISO 15022
6 1 (2.33%) GDPR
6 1 (2.33%) ISO 8583
System Software
1 2 (4.65%) Docker
Systems Management
1 1 (2.33%) Kubernetes
Vendors
1 6 (13.95%) Google
2 3 (6.98%) Oracle
3 2 (4.65%) FIS
3 2 (4.65%) Microsoft
4 1 (2.33%) IBM