ISO 20022 Contracts

ISO 20022
UK

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 6 May 2024 with a comparison to the same period in the previous 2 years.

6 months to
6 May 2024
Same period 2023 Same period 2022
Rank 553 667 773
Rank change year-on-year +114 +106 -112
Contract jobs citing ISO 20022 25 49 94
As % of all contract jobs advertised in the UK 0.058% 0.083% 0.11%
As % of the Quality Assurance & Compliance category 0.40% 0.62% 0.80%
Number of daily rates quoted 14 37 67
10th Percentile £428 £450 £460
25th Percentile £481 £588 £567
Median daily rate (50th Percentile) £585 £700 £650
Median % change year-on-year -16.50% +7.69% +36.84%
75th Percentile £614 £775 £719
90th Percentile £646 £1,040 £813
UK excluding London median daily rate £600 £675 £538
% change year-on-year -11.11% +25.58% +79.17%

All Quality Assurance and Compliance Skills
UK

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.

Contract vacancies with a requirement for quality assurance or compliance skills 6,207 7,903 11,785
As % of all contract IT jobs advertised in the UK 14.30% 13.38% 13.28%
Number of daily rates quoted 3,942 5,432 8,083
10th Percentile £297 £280 £295
25th Percentile £400 £413 £404
Median daily rate (50th Percentile) £510 £525 £513
Median % change year-on-year -2.86% +2.44% +7.89%
75th Percentile £625 £638 £623
90th Percentile £750 £738 £713
UK excluding London median daily rate £487 £479 £450
% change year-on-year +1.62% +6.44% +5.88%
Number of hourly rates quoted 383 237 299
10th Percentile £10.95 £13.29 £12.02
25th Percentile £13.18 £18.50 £16.38
Median hourly rate £21.00 £35.00 £28.00
Median % change year-on-year -40.00% +25.00% +33.33%
75th Percentile £45.00 £60.00 £49.25
90th Percentile £67.50 £77.50 £66.20
UK excluding London median hourly rate £18.00 £32.50 £21.05
% change year-on-year -44.62% +54.39% -

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 6 May 2024.

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 6 May 2024. 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
Jobs
England +87 22 £538 -23.21% 6
London +95 18 £585 -17.96% 6
Work from Home +116 8 £594 -8.62% 3
UK excluding London +52 4 £600 -11.11%
Scotland +38 2 £606 -19.17%
North of England +26 2 £363 -27.50%
Yorkshire - 2 £363 -

ISO 20022
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (12.00%) Confluence
Applications
1 1 (4.00%) Microsoft Excel
1 1 (4.00%) Microsoft PowerPoint
1 1 (4.00%) Microsoft Project
1 1 (4.00%) MS Visio
Business Applications
1 2 (8.00%) Payment Gateway
1 2 (8.00%) Summit
Cloud Services
1 6 (24.00%) Azure
2 3 (12.00%) AWS
2 3 (12.00%) GCP
2 3 (12.00%) Miro
3 1 (4.00%) GitHub
3 1 (4.00%) GitHub Actions
Communications & Networking
1 2 (8.00%) RTP
2 1 (4.00%) DHCP
2 1 (4.00%) DNS
2 1 (4.00%) TCP/IP
2 1 (4.00%) VLAN
Database & Business Intelligence
1 5 (20.00%) NoSQL
2 4 (16.00%) SAP HANA
3 2 (8.00%) MySQL
3 2 (8.00%) PostgreSQL
3 2 (8.00%) Relational Database
4 1 (4.00%) Apache Cassandra
4 1 (4.00%) CouchDB
4 1 (4.00%) Elasticsearch
4 1 (4.00%) MongoDB
4 1 (4.00%) Redis
Development Applications
1 4 (16.00%) JIRA
2 2 (8.00%) Darcs
2 2 (8.00%) Git
2 2 (8.00%) Mercurial
3 1 (4.00%) CircleCI
3 1 (4.00%) Jaeger
3 1 (4.00%) Jenkins
3 1 (4.00%) Travis CI
General
1 18 (72.00%) Finance
2 13 (52.00%) Banking
3 10 (40.00%) Analytical Skills
4 8 (32.00%) Social Skills
5 5 (20.00%) Public Sector
6 3 (12.00%) Back Office
7 2 (8.00%) Financial Institution
7 2 (8.00%) Retail
Job Titles
1 7 (28.00%) Analyst
1 7 (28.00%) Business Analyst
2 5 (20.00%) Developer
2 5 (20.00%) Project Manager
3 4 (16.00%) Banking Project Manager
3 4 (16.00%) Senior
4 3 (12.00%) Architect
4 3 (12.00%) Finance Business Analyst
4 3 (12.00%) Financial Analyst
4 3 (12.00%) Payments Project Manager
4 3 (12.00%) Senior Analyst
4 3 (12.00%) Senior Business Analyst
5 2 (8.00%) Business Finance Analyst
5 2 (8.00%) JavaScript Developer
5 2 (8.00%) Payments Analyst
5 2 (8.00%) Payments Business Analyst
5 2 (8.00%) Senior Business Finance Analyst
5 2 (8.00%) Senior Financial Analyst
5 2 (8.00%) Technical Manager
5 2 (8.00%) Technical Project Manager
Libraries, Frameworks & Software Standards
1 5 (20.00%) REST
2 4 (16.00%) SAP PI
3 3 (12.00%) Playwright
4 2 (8.00%) Kafka
4 2 (8.00%) RabbitMQ
5 1 (4.00%) AngularJS
5 1 (4.00%) CSS
5 1 (4.00%) Elastic Stack
5 1 (4.00%) HTML
5 1 (4.00%) React
5 1 (4.00%) Svelte
Miscellaneous
1 17 (68.00%) SWIFT Messaging Network
2 2 (8.00%) CBDC
2 2 (8.00%) Distributed Systems
3 1 (4.00%) Digital Currency
3 1 (4.00%) PKI
3 1 (4.00%) Product Ownership
Processes & Methodologies
1 12 (48.00%) Agile
2 8 (32.00%) Problem-Solving
3 6 (24.00%) ERP
4 5 (20.00%) Mentoring
4 5 (20.00%) Migration
4 5 (20.00%) User Acceptance Testing
5 4 (16.00%) CI/CD
5 4 (16.00%) Computer Science
5 4 (16.00%) Data Mapping
5 4 (16.00%) Scrum
5 4 (16.00%) Test Scripting
6 3 (12.00%) Acceptance Criteria
6 3 (12.00%) Kanban
6 3 (12.00%) Project Management
6 3 (12.00%) Requirements Engineering
6 3 (12.00%) Requirements Gathering
6 3 (12.00%) SDET
6 3 (12.00%) Stakeholder Management
6 3 (12.00%) Story Mapping
6 3 (12.00%) Test Automation
Programming Languages
1 6 (24.00%) SQL
2 4 (16.00%) JavaScript
3 3 (12.00%) TypeScript
4 2 (8.00%) C
4 2 (8.00%) C#
4 2 (8.00%) C++
4 2 (8.00%) Go
4 2 (8.00%) Java
4 2 (8.00%) Python
4 2 (8.00%) Rust
Qualifications
1 4 (16.00%) Degree
2 2 (8.00%) Master's Degree
2 2 (8.00%) SC Cleared
2 2 (8.00%) Security Cleared
3 1 (4.00%) CBAP
3 1 (4.00%) Computer Science Degree
3 1 (4.00%) SANS
Quality Assurance & Compliance
1 4 (16.00%) ISO 8583
1 4 (16.00%) PCI DSS
2 3 (12.00%) SEPA
3 1 (4.00%) NIST
3 1 (4.00%) QA
Systems Management
1 1 (4.00%) Ansible
1 1 (4.00%) Grafana
1 1 (4.00%) Kibana
1 1 (4.00%) logstash
1 1 (4.00%) Progress Chef
1 1 (4.00%) Prometheus
1 1 (4.00%) Puppet
1 1 (4.00%) Terraform
Vendors
1 5 (20.00%) SAP
2 4 (16.00%) CyberSource
3 3 (12.00%) Oracle
4 2 (8.00%) Calypso
4 2 (8.00%) Google
5 1 (4.00%) Splunk