Period
to 10 July 2020

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 10 July 2020 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
10 Jul 2020
Same period 2019 Same period 2018
Rank 542 718 748
Rank change year-on-year +176 +30 -41
Contract jobs citing SWIFT 36 139 144
As % of all contract jobs advertised in the UK 0.088% 0.15% 0.14%
As % of the Miscellaneous category 0.27% 0.47% 0.43%
Number of daily rates quoted 22 72 87
Median daily rate £413 £535 £500
Median daily rate % change year-on-year -22.90% +7.00% +1.01%
10th Percentile £351 £351 £356
90th Percentile £650 £650 £671
UK excluding London median daily rate - £450 £513
% change year-on-year - -12.20% +28.13%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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

All Generic IT Skills
UK
Contract vacancies with a requirement for generic IT skills 13,556 29,849 33,527
As % of all contract IT jobs advertised in the UK 33.04% 31.88% 32.24%
Number of daily rates quoted 8,409 19,148 21,641
Median daily rate £475 £475 £455
Median daily rate % change year-on-year - +4.40% +1.11%
10th Percentile £260 £275 £269
90th Percentile £706 £663 £656
UK excluding London median daily rate £425 £425 £410
% change year-on-year - +3.66% +2.50%
Number of hourly rates quoted 615 1,065 1,056
Median hourly rate £30.00 £20.75 £21.75
Median hourly rate % change year-on-year +44.58% -4.60% +6.10%
10th Percentile £13.00 £11.77 £11.78
90th Percentile £53.75 £52.50 £50.62
Median hourly rate £22.14 £19.00 £20.53
% change year-on-year +16.54% -7.45% +8.05%

SWIFT
Job Vacancy Trend

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

Job vacancy trend for SWIFT in the UK

SWIFT
Contractor Daily Rate Trend

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

Daily rate trend for SWIFT in the UK

SWIFT
Daily Rate Histogram

Daily rate distribution for jobs citing SWIFT over the 6 months to 10 July 2020.

Daily rate histogram for SWIFT in the UK

SWIFT
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing SWIFT.

Hourly rate trend for SWIFT in the UK

SWIFT
Top 6 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 10 July 2020. 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 +151 33 £431 -21.59% 3
London +129 31 £431 -21.59% 2
UK excluding London +194 3 - - 1
South East +149 2 - - 1
Scotland +65 1 - -
Work from Home - 1 £413 -

For the 6 months to 10 July 2020, IT contractor jobs citing SWIFT 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 SWIFT.

1 19 (52.78%) Finance
2 18 (50.00%) Banking
3 8 (22.22%) SQL
3 8 (22.22%) Windows
3 8 (22.22%) Linux
3 8 (22.22%) Agile Software Development
3 8 (22.22%) SEPA
4 7 (19.44%) Unix
5 6 (16.67%) Stakeholder Management
5 6 (16.67%) Analytical Skills
6 5 (13.89%) ISO 20022
6 5 (13.89%) Problem-Solving
6 5 (13.89%) Change Management
7 4 (11.11%) Firewall
7 4 (11.11%) Oracle
7 4 (11.11%) VPN
7 4 (11.11%) Microsoft
7 4 (11.11%) Information Security
7 4 (11.11%) Migration
7 4 (11.11%) Degree
7 4 (11.11%) TARGET2
8 3 (8.33%) Windows Server
8 3 (8.33%) VMware Infrastructure
8 3 (8.33%) Hyper-V
8 3 (8.33%) Requirements Gathering
8 3 (8.33%) Internal Audit
8 3 (8.33%) Digital Transformation Programme
8 3 (8.33%) PSD2
8 3 (8.33%) FIX Protocol
8 3 (8.33%) Retail

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 2 (5.56%) Confluence
1 2 (5.56%) IIS
1 2 (5.56%) MS Exchange
1 2 (5.56%) SharePoint
1 2 (5.56%) Skype for Business
1 2 (5.56%) Tomcat
2 1 (2.78%) WebLogic
Business Applications
1 2 (5.56%) Oracle EBS R12
1 2 (5.56%) Temenos T24
Cloud Services
1 1 (2.78%) AWS
1 1 (2.78%) Azure
Communications & Networking
1 4 (11.11%) Firewall
1 4 (11.11%) VPN
2 3 (8.33%) FTP
2 3 (8.33%) SAN
3 2 (5.56%) iSCSI
3 2 (5.56%) LAN
3 2 (5.56%) MPLS
3 2 (5.56%) SSH
3 2 (5.56%) SWIFTNet
3 2 (5.56%) VLAN
3 2 (5.56%) VoIP
4 1 (2.78%) Internet
4 1 (2.78%) Intrusion Detection
4 1 (2.78%) Network Security
Database & Business Intelligence
1 2 (5.56%) Data Warehouse
1 2 (5.56%) Oracle BI EE
1 2 (5.56%) Oracle Database
1 2 (5.56%) Oracle Database 11g
1 2 (5.56%) Oracle Database 12c
1 2 (5.56%) SQL Server
1 2 (5.56%) SQL Server Integration Services
1 2 (5.56%) SQL Server Reporting Services
Development Applications
1 2 (5.56%) Ant
1 2 (5.56%) Git (software)
1 2 (5.56%) Jenkins
1 2 (5.56%) JIRA
1 2 (5.56%) Team Foundation Server
2 1 (2.78%) Cucumber
2 1 (2.78%) Selenium
General
1 19 (52.78%) Finance
2 18 (50.00%) Banking
3 3 (8.33%) Back Office
3 3 (8.33%) Retail
4 2 (5.56%) Corporate Banking
5 1 (2.78%) Investment Banking
5 1 (2.78%) Legal
5 1 (2.78%) Public Sector
5 1 (2.78%) Retail Banking
Job Titles
1 13 (36.11%) Analyst
2 6 (16.67%) Business Analyst
3 5 (13.89%) Consultant
4 4 (11.11%) Payments Analyst
5 3 (8.33%) Architect
5 3 (8.33%) Developer
5 3 (8.33%) Infrastructure Support
5 3 (8.33%) IT Support
5 3 (8.33%) Payments Business Analyst
5 3 (8.33%) Project Manager
5 3 (8.33%) Support Analyst
6 2 (5.56%) Banking Analyst
6 2 (5.56%) IT Manager
6 2 (5.56%) IT Project Manager
6 2 (5.56%) IT Security Analyst
6 2 (5.56%) Lead Developer
6 2 (5.56%) Security Analyst
6 2 (5.56%) Technical Analyst
6 2 (5.56%) Technical Security Analyst
6 2 (5.56%) Test Analyst
Libraries, Frameworks & Software Standards
1 3 (8.33%) FIX Protocol
2 2 (5.56%) .NET
2 2 (5.56%) Middleware
2 2 (5.56%) Oracle Fusion
3 1 (2.78%) Gherkin
3 1 (2.78%) Web Services
3 1 (2.78%) XML
Miscellaneous
1 6 (16.67%) Analytical Skills
2 2 (5.56%) Data Centre
2 2 (5.56%) Foreign Exchange (FX)
3 1 (2.78%) Derivative
3 1 (2.78%) Mobile Payment
3 1 (2.78%) PKI
Operating Systems
1 8 (22.22%) Linux
1 8 (22.22%) Windows
2 7 (19.44%) Unix
3 3 (8.33%) VMS
3 3 (8.33%) Windows Server
4 2 (5.56%) Windows Server 2008
4 2 (5.56%) Windows Server 2012
5 1 (2.78%) Red Hat Enterprise Linux
Processes & Methodologies
1 8 (22.22%) Agile Software Development
2 6 (16.67%) Stakeholder Management
3 5 (13.89%) Change Management
3 5 (13.89%) Problem-Solving
4 4 (11.11%) Information Security
4 4 (11.11%) Migration
5 3 (8.33%) Digital Transformation Programme
5 3 (8.33%) Internal Audit
5 3 (8.33%) ITIL
5 3 (8.33%) Project Management
5 3 (8.33%) Requirements Gathering
6 2 (5.56%) Analytics
6 2 (5.56%) OWASP
6 2 (5.56%) Robotic Process Automation
6 2 (5.56%) SDLC
6 2 (5.56%) Security Operations
6 2 (5.56%) SIEM
6 2 (5.56%) Stakeholder Engagement
6 2 (5.56%) Test Strategy
6 2 (5.56%) Vulnerability Management
Programming Languages
1 8 (22.22%) SQL
2 3 (8.33%) Perl
2 3 (8.33%) Python
3 2 (5.56%) Java
3 2 (5.56%) Shell Script
3 2 (5.56%) VBScript
4 1 (2.78%) Korn
Qualifications
1 4 (11.11%) Degree
2 2 (5.56%) SANS
2 2 (5.56%) SC Cleared
2 2 (5.56%) Security Cleared
3 1 (2.78%) (ISC)2 CCSP
3 1 (2.78%) CCSP
3 1 (2.78%) CISA
3 1 (2.78%) Cisco Certification
3 1 (2.78%) CISM
3 1 (2.78%) CISSP
3 1 (2.78%) ITIL Foundation Certificate
Quality Assurance & Compliance
1 8 (22.22%) SEPA
2 5 (13.89%) ISO 20022
3 4 (11.11%) TARGET2
4 3 (8.33%) PSD2
5 2 (5.56%) PCI DSS
6 1 (2.78%) GDPR
6 1 (2.78%) ISO/IEC 27001
6 1 (2.78%) NIST
6 1 (2.78%) PMO
6 1 (2.78%) QA
System Software
1 3 (8.33%) Hyper-V
1 3 (8.33%) VMware Infrastructure
2 2 (5.56%) Virtual Desktop
2 2 (5.56%) VMware Server
Systems Management
1 2 (5.56%) Cisco CUCM
1 2 (5.56%) SCOM
1 2 (5.56%) WSUS
2 1 (2.78%) Control-M
2 1 (2.78%) Forefront Identity Manager
Vendors
1 4 (11.11%) Microsoft
1 4 (11.11%) Oracle
2 3 (8.33%) Cisco
2 3 (8.33%) EMC
2 3 (8.33%) VMware
3 2 (5.56%) Dell
3 2 (5.56%) EqualLogic
3 2 (5.56%) HP
3 2 (5.56%) McAfee
3 2 (5.56%) Qualys
3 2 (5.56%) Temenos
4 1 (2.78%) Red Hat