Period
to 27 July 2017

The table below looks at the prevalence of the term SWIFT in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFT over the 6 months to 27 July 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.

Society for Worldwide Interbank Financial Telecommunication (SWIFT)
UK
6 months to
27 Jul 2017
Same period 2016 Same period 2015
Rank 686 732 675
Rank change year-on-year +46 -57 +38
Contract jobs citing SWIFT 163 176 217
As % of all contract IT jobs advertised in the UK 0.17% 0.16% 0.19%
As % of the Miscellaneous category 0.51% 0.48% 0.60%
Number of daily rates quoted 99 124 128
UK median daily rate £500 £475 £475
Median daily rate % change year-on-year +5.26% - +5.56%
10th Percentile £363 £338 £313
90th Percentile £675 £625 £638
UK excluding London median daily rate £400 £475 £383
% change year-on-year -15.79% +24.18% -10.00%
Number of hourly rates quoted 0 1 3
UK median hourly rate - £22.00 £18.00
Median hourly rate % change year-on-year - +22.22% -
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 with a requirement for generic IT skills.

Generic IT Skills
UK
Contract job vacancies with a requirement for generic IT skills 31871 36342 35964
As % of all contract IT job vacancies advertised in the UK 33.42% 33.07% 31.87%
Number of daily rates quoted 20797 23867 22386
UK median daily rate £450 £425 £405
Median daily rate % change year-on-year +5.88% +4.94% +1.25%
10th Percentile £263 £255 £235
90th Percentile £638 £625 £613
UK excluding London median daily rate £400 £388 £375
% change year-on-year +3.23% +3.33% +7.14%
Number of hourly rates quoted 1030 1165 1366
UK median hourly rate £20.50 £21.00 £18.50
Median hourly rate % change year-on-year -2.38% +13.51% -7.50%
10th Percentile £11.25 £11.39 £11.01
90th Percentile £50.00 £47.50 £47.50
UK excluding London median hourly rate £20.00 £20.25 £17.88
% change year-on-year -1.23% +13.29% -8.33%

SWIFT
Job Vacancy Trend

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

Job vacancy trend for SWIFT in the UK

SWIFT
Contractor Daily Rate Trend

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

Contractor daily rate trend for SWIFT in the UK

SWIFT
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing SWIFT over the 6 months to 27 July 2017.

Contractor daily rate histogram for SWIFT in the UK

SWIFT
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing SWIFT.

Contractor hourly rate trend for SWIFT in the UK

SWIFT
Top 11 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SWIFT within the UK over the 6 months to 27 July 2017. 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 +46 153 £500 +5.26% 12
London +27 131 £525 +12.48% 6
UK excluding London +13 32 £400 -15.79% 6
South East +14 11 £408 -18.50% 3
Scotland +44 9 £380 +35.71%
Midlands - 7 £350 -
West Midlands - 7 £350 -
North of England +45 2 £500 +5.26%
North West +27 2 £500 +5.26%
East of England -12 2 £613 +2.08%
Northern Ireland - 1 £425 -

For the 6 months to 27 July 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 with a requirement for SWIFT.

1 111 (68.10%) Banking
2 91 (55.83%) Finance
3 38 (23.31%) Agile Software Development
4 37 (22.70%) SEPA
5 33 (20.25%) SQL
6 32 (19.63%) Windows
6 32 (19.63%) Investment Banking
7 30 (18.40%) Oracle
8 28 (17.18%) XML
9 23 (14.11%) Java
10 22 (13.50%) Middleware
11 21 (12.88%) Anti-Money Laundering
11 21 (12.88%) Analytical Skills
12 19 (11.66%) IBM
13 16 (9.82%) WebSphere
13 16 (9.82%) DB2
13 16 (9.82%) Project Management
14 15 (9.20%) ISO 20022
14 15 (9.20%) Cash Management
14 15 (9.20%) Migration
14 15 (9.20%) Unix
14 15 (9.20%) Foreign Exchange (FX)
14 15 (9.20%) Business Analysis
14 15 (9.20%) TOGAF
15 14 (8.59%) Waterfall
16 13 (7.98%) Investment Management
16 13 (7.98%) Linux
16 13 (7.98%) Back Office
17 12 (7.36%) XML Messaging
17 12 (7.36%) Change Management

SWIFT
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 16 (9.82%) WebSphere
2 7 (4.29%) BizTalk Server
3 5 (3.07%) IBM HTTP Server
3 5 (3.07%) Oracle SOA Suite
4 4 (2.45%) MQSeries
5 1 (0.61%) Confluence
5 1 (0.61%) WebSphere Application Server
Applications
1 5 (3.07%) Microsoft Project
2 4 (2.45%) Microsoft Office
3 3 (1.84%) Microsoft Excel
Business Applications
1 3 (1.84%) Oracle Cash Management
2 2 (1.23%) Actimize
2 2 (1.23%) Temenos T24
3 1 (0.61%) IntelliMatch
3 1 (0.61%) Payment Gateway
3 1 (0.61%) RMDS
Cloud Services
1 1 (0.61%) IaaS
1 1 (0.61%) Microsoft Azure
1 1 (0.61%) SaaS
Communications & Networking
1 2 (1.23%) Internet
1 2 (1.23%) SWIFTNet
2 1 (0.61%) Bluetooth
Database & Business Intelligence
1 16 (9.82%) DB2
2 12 (7.36%) SQL Server
3 9 (5.52%) DataStage
4 7 (4.29%) IBM InfoSphere
5 4 (2.45%) Blockchain
6 3 (1.84%) Data Mart
6 3 (1.84%) PostgreSQL
6 3 (1.84%) QlikView
7 1 (0.61%) DB2 UDB
7 1 (0.61%) RDBMS
7 1 (0.61%) Relational Database
Development Applications
1 9 (5.52%) ERwin
1 9 (5.52%) PowerDesigner
1 9 (5.52%) Talend Open Studio
2 4 (2.45%) JIRA
2 4 (2.45%) Maven
3 3 (1.84%) Gradle
3 3 (1.84%) JBehave
3 3 (1.84%) Team Foundation Server
4 2 (1.23%) HP UFT
5 1 (0.61%) Git (software)
5 1 (0.61%) Jenkins
5 1 (0.61%) NUnit
5 1 (0.61%) Rhino Mocks
5 1 (0.61%) Subversion
5 1 (0.61%) TeamCity
5 1 (0.61%) Xcode
General
1 111 (68.10%) Banking
2 91 (55.83%) Finance
3 32 (19.63%) Investment Banking
4 13 (7.98%) Back Office
5 10 (6.13%) Financial Institution
6 7 (4.29%) Legal
7 6 (3.68%) Retail
8 3 (1.84%) Corporate Banking
8 3 (1.84%) Spanish Language
8 3 (1.84%) Wholesale Banking
9 2 (1.23%) Retail Banking
10 1 (0.61%) Billing
10 1 (0.61%) Front Office
Job Titles
1 64 (39.26%) Analyst
2 36 (22.09%) Business Analyst
3 31 (19.02%) Architect
4 24 (14.72%) Developer
5 23 (14.11%) Solutions Architect
6 17 (10.43%) Financial Analyst
7 16 (9.82%) Payments Architect
8 14 (8.59%) Payments Solutions Architect
9 13 (7.98%) Finance Business Analyst
9 13 (7.98%) Payments Analyst
10 10 (6.13%) Banking Analyst
10 10 (6.13%) Payments Business Analyst
10 10 (6.13%) Project Manager
10 10 (6.13%) Support Analyst
11 9 (5.52%) Administrator
11 9 (5.52%) Consultant
11 9 (5.52%) Data Analyst
12 8 (4.91%) Applications Support
12 8 (4.91%) Systems Analyst
13 7 (4.29%) Applications Support Analyst
Libraries, Frameworks & Software Standards
1 28 (17.18%) XML
2 22 (13.50%) Middleware
3 12 (7.36%) XML Messaging
4 11 (6.75%) .NET
5 10 (6.13%) XML Schema
6 7 (4.29%) FIX Protocol
6 7 (4.29%) SOAP
6 7 (4.29%) Web Services
6 7 (4.29%) WebSphere MQ
7 6 (3.68%) IBM Integration Bus
7 6 (3.68%) RESTful
8 5 (3.07%) HTML
8 5 (3.07%) HTML5
8 5 (3.07%) REST
9 3 (1.84%) FpML
9 3 (1.84%) J2EE
9 3 (1.84%) Java SE
9 3 (1.84%) JMS
9 3 (1.84%) JSON
9 3 (1.84%) XSLT
Miscellaneous
1 21 (12.88%) Analytical Skills
2 15 (9.20%) Foreign Exchange (FX)
3 5 (3.07%) Derivative
3 5 (3.07%) Fixed Income
4 4 (2.45%) AS400
4 4 (2.45%) Equities
4 4 (2.45%) Greenfield Project
4 4 (2.45%) iSeries
4 4 (2.45%) Management Information System
4 4 (2.45%) Virtual Team
5 2 (1.23%) Computer Science
5 2 (1.23%) Fintech
5 2 (1.23%) iPhone
5 2 (1.23%) Mainframe
5 2 (1.23%) Online Banking
5 2 (1.23%) OTC Derivatives
5 2 (1.23%) PMI
5 2 (1.23%) Tandem
5 2 (1.23%) User Experience
6 1 (0.61%) Credit Derivative
Operating Systems
1 32 (19.63%) Windows
2 15 (9.20%) Unix
3 13 (7.98%) Linux
4 5 (3.07%) Windows Server
5 4 (2.45%) Apple iOS
6 3 (1.84%) VMS
7 2 (1.23%) Android
7 2 (1.23%) pSOS
Processes & Methodologies
1 38 (23.31%) Agile Software Development
2 21 (12.88%) Anti-Money Laundering
3 16 (9.82%) Project Management
4 15 (9.20%) Business Analysis
4 15 (9.20%) Cash Management
4 15 (9.20%) Migration
4 15 (9.20%) TOGAF
5 14 (8.59%) Waterfall
6 13 (7.98%) Investment Management
7 12 (7.36%) Change Management
7 12 (7.36%) Data Analysis
7 12 (7.36%) ETL
8 11 (6.75%) Digital Transformation Programme
8 11 (6.75%) Scrum
8 11 (6.75%) Stakeholder Management
8 11 (6.75%) TDD
9 10 (6.13%) Data Modelling
9 10 (6.13%) Translating Business Requirements
10 9 (5.52%) Data Migration
10 9 (5.52%) Enterprise Architecture
Programming Languages
1 33 (20.25%) SQL
2 23 (14.11%) Java
3 10 (6.13%) Perl
4 9 (5.52%) Korn
5 6 (3.68%) JavaScript
6 4 (2.45%) Apple Swift
6 4 (2.45%) RPG
6 4 (2.45%) RPG IV
6 4 (2.45%) Shell Script
7 3 (1.84%) C++
7 3 (1.84%) DCL
7 3 (1.84%) Objective-C
7 3 (1.84%) PL/SQL
7 3 (1.84%) XPath
8 2 (1.23%) C
8 2 (1.23%) C#
8 2 (1.23%) Python
9 1 (0.61%) Bash Shell
Qualifications
1 8 (4.91%) Degree
2 3 (1.84%) ISEB
3 2 (1.23%) IIBA
3 2 (1.23%) ISTQB
3 2 (1.23%) ISTQB Foundation Certification
3 2 (1.23%) PMI Certification
3 2 (1.23%) PMP
4 1 (0.61%) Computer Science Degree
4 1 (0.61%) Master's Degree
Quality Assurance & Compliance
1 37 (22.70%) SEPA
2 15 (9.20%) ISO 20022
3 12 (7.36%) QA
4 4 (2.45%) TARGET2
5 2 (1.23%) MiFID
6 1 (0.61%) Basel II
6 1 (0.61%) Basel III
6 1 (0.61%) COBIT
6 1 (0.61%) GDPR
6 1 (0.61%) PMO
System Software
1 1 (0.61%) IAG
Systems Management
1 1 (0.61%) HP Quality Center
Vendors
1 30 (18.40%) Oracle
2 19 (11.66%) IBM
3 9 (5.52%) Informatica
3 9 (5.52%) Talend
4 8 (4.91%) Microsoft
5 6 (3.68%) SAP
6 5 (3.07%) Bloomberg
7 4 (2.45%) Wallstreet Suite
8 3 (1.84%) Calypso
8 3 (1.84%) HP
8 3 (1.84%) Murex
9 2 (1.23%) Apple
9 2 (1.23%) Reuters
10 1 (0.61%) Ab Initio
10 1 (0.61%) Charles River
10 1 (0.61%) Citrix
10 1 (0.61%) Misys
10 1 (0.61%) Sybase
10 1 (0.61%) Temenos
10 1 (0.61%) Unisys