SWIFT Messaging Network Contracts

Society for Worldwide Interbank Financial Telecommunication (SWIFT Messaging Network)
UK

The table below looks at the prevalence of the term SWIFT Messaging Network in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFT Messaging Network over the 6 months to 10 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
10 May 2024
Same period 2023 Same period 2022
Rank 490 531 662
Rank change year-on-year +41 +131 -64
Contract jobs citing SWIFT Messaging Network 92 172 178
As % of all contract jobs advertised in the UK 0.21% 0.30% 0.20%
As % of the Miscellaneous category 0.71% 0.89% 0.62%
Number of daily rates quoted 72 136 121
10th Percentile £414 £444 £463
25th Percentile £510 £525 £520
Median daily rate (50th Percentile) £625 £675 £600
Median % change year-on-year -7.41% +12.50% +4.35%
75th Percentile £691 £823 £694
90th Percentile £700 £835 £813
UK excluding London median daily rate £545 £720 £550
% change year-on-year -24.31% +30.91% -
Number of hourly rates quoted 0 1 1
Median hourly rate - £64.25 £12.51
Median % change year-on-year - +413.59% -
UK excluding London median hourly rate - - £12.51

All Generic Skills
UK

SWIFT Messaging Network is in the General and Transferable 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.

Contract vacancies with a requirement for generic IT skills 13,029 19,287 28,890
As % of all contract IT jobs advertised in the UK 30.30% 33.32% 33.09%
Number of daily rates quoted 8,387 13,249 20,174
10th Percentile £268 £313 £313
25th Percentile £413 £450 £438
Median daily rate (50th Percentile) £540 £550 £550
Median % change year-on-year -1.82% - +10.00%
75th Percentile £663 £678 £663
90th Percentile £800 £800 £763
UK excluding London median daily rate £500 £500 £475
% change year-on-year - +5.26% +11.76%
Number of hourly rates quoted 901 634 712
10th Percentile £12.25 £9.80 £14.25
25th Percentile £15.17 £10.63 £17.00
Median hourly rate £31.25 £22.45 £27.50
Median % change year-on-year +39.21% -18.37% +4.47%
75th Percentile £61.30 £64.13 £50.00
90th Percentile £70.00 £75.00 £66.00
UK excluding London median hourly rate £28.50 £22.00 £21.00
% change year-on-year +29.55% +4.76% -12.50%

SWIFT Messaging Network
Job Vacancy Trend

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

Job vacancy trend for SWIFT Messaging Network in the UK

SWIFT Messaging Network
Contractor Daily Rate Trend

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

Daily rate trend for SWIFT Messaging Network in the UK

SWIFT Messaging Network
Daily Rate Histogram

Daily rate distribution for jobs citing SWIFT Messaging Network over the 6 months to 10 May 2024.

Daily rate histogram for SWIFT Messaging Network in the UK

SWIFT Messaging Network
Contractor Hourly Rate Trend

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

Hourly rate trend for SWIFT Messaging Network in the UK

SWIFT Messaging Network
Top 9 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing SWIFT Messaging Network within the UK over the 6 months to 10 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 +16 84 £625 -7.41% 19
London +19 77 £650 -3.70% 18
Work from Home +54 37 £613 -17.23% 4
UK excluding London +53 12 £545 -24.31% 2
Scotland +40 6 £613 -18.33%
North of England +32 4 £306 -57.47%
North West +23 2 £250 -51.22%
Yorkshire - 2 £363 -
East of England - 2 £400 - 1

SWIFT Messaging Network
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 1 (1.09%) Confluence
1 1 (1.09%) IBM Notes
1 1 (1.09%) Microsoft Exchange
1 1 (1.09%) SAS
1 1 (1.09%) SharePoint
Applications
1 1 (1.09%) Microsoft Excel
1 1 (1.09%) Microsoft PowerPoint
1 1 (1.09%) Microsoft Project
1 1 (1.09%) MS Visio
Business Applications
1 3 (3.26%) Aladdin
2 2 (2.17%) Bloomberg AIM
2 2 (2.17%) Summit
3 1 (1.09%) SimCorp Dimension
Cloud Services
1 8 (8.70%) Azure
2 6 (6.52%) Miro
3 1 (1.09%) AWS
3 1 (1.09%) Microsoft 365
3 1 (1.09%) OneDrive
3 1 (1.09%) SaaS
Communications & Networking
1 8 (8.70%) ATM
2 4 (4.35%) SWIFTNet
3 2 (2.17%) RTP
Database & Business Intelligence
1 7 (7.61%) NoSQL
2 6 (6.52%) SAP HANA
3 4 (4.35%) NonStop SQL
3 4 (4.35%) RDBMS
3 4 (4.35%) Relational Database
3 4 (4.35%) SQL Server Integration Services
4 1 (1.09%) Big Data
4 1 (1.09%) Oracle Database
4 1 (1.09%) PostgreSQL
4 1 (1.09%) SQL Server
4 1 (1.09%) Tableau
Development Applications
1 2 (2.17%) JIRA
General
1 80 (86.96%) Finance
2 59 (64.13%) Banking
3 22 (23.91%) Social Skills
4 20 (21.74%) Analytical Skills
5 18 (19.57%) Back Office
6 6 (6.52%) Corporate Banking
6 6 (6.52%) Public Sector
7 5 (5.43%) Financial Institution
8 2 (2.17%) Investment Banking
8 2 (2.17%) Pharmaceutical
8 2 (2.17%) Private Banking
8 2 (2.17%) Retail
9 1 (1.09%) Documentation Skills
9 1 (1.09%) Front Office
9 1 (1.09%) Inclusion and Diversity
9 1 (1.09%) Influencing Skills
9 1 (1.09%) Local Government
9 1 (1.09%) Military
Job Titles
1 45 (48.91%) Analyst
2 31 (33.70%) Business Analyst
3 19 (20.65%) Payments Business Analyst
4 18 (19.57%) Payments Analyst
5 14 (15.22%) Project Manager
6 12 (13.04%) Architect
6 12 (13.04%) Senior
7 10 (10.87%) Senior Analyst
7 10 (10.87%) Solutions Architect
8 8 (8.70%) Financial Analyst
9 7 (7.61%) Banking Business Analyst
9 7 (7.61%) Developer
10 6 (6.52%) Banking Analyst
10 6 (6.52%) Banking Project Manager
10 6 (6.52%) Configuration Analyst
10 6 (6.52%) Finance Business Analyst
10 6 (6.52%) Financial Services Project Manager
11 5 (5.43%) Business Finance Analyst
11 5 (5.43%) Payments Project Manager
11 5 (5.43%) Support Analyst
Libraries, Frameworks & Software Standards
1 8 (8.70%) Middleware
2 7 (7.61%) FIX Protocol
3 6 (6.52%) SAP PI
4 5 (5.43%) .NET
5 4 (4.35%) .NET Core
5 4 (4.35%) JSON
5 4 (4.35%) XML
6 3 (3.26%) Playwright
6 3 (3.26%) REST
7 2 (2.17%) Web Services
8 1 (1.09%) RESTful
8 1 (1.09%) WPF
Miscellaneous
1 7 (7.61%) Foreign Exchange (FX)
2 6 (6.52%) Derivative
3 4 (4.35%) Data Protection Act
3 4 (4.35%) Product Ownership
4 2 (2.17%) Hedge funds
5 1 (1.09%) Algorithms
5 1 (1.09%) Cyber Defence
5 1 (1.09%) Cyber Threat
5 1 (1.09%) Data Structures
5 1 (1.09%) Equities
5 1 (1.09%) Management Information System
5 1 (1.09%) Mobile App
5 1 (1.09%) Robotics
5 1 (1.09%) Security Operations Centre
5 1 (1.09%) Self-Motivation
5 1 (1.09%) Synthetic Equity
Operating Systems
1 8 (8.70%) Windows
2 7 (7.61%) Linux
3 4 (4.35%) Unix
Processes & Methodologies
1 33 (35.87%) Agile
2 18 (19.57%) User Acceptance Testing
3 17 (18.48%) Problem-Solving
4 15 (16.30%) SDLC
5 14 (15.22%) Migration
6 12 (13.04%) Anti-Money Laundering
7 11 (11.96%) Data Mapping
8 9 (9.78%) Microservices
8 9 (9.78%) Project Delivery
9 8 (8.70%) ERP
9 8 (8.70%) Requirements Gathering
9 8 (8.70%) Waterfall
10 7 (7.61%) Business Case
10 7 (7.61%) Data Migration
11 6 (6.52%) Data Protection
11 6 (6.52%) ITIL
11 6 (6.52%) Project Management
11 6 (6.52%) Technical Leadership
12 5 (5.43%) Data Modelling
12 5 (5.43%) Stakeholder Management
Programming Languages
1 20 (21.74%) SQL
2 6 (6.52%) C#
3 4 (4.35%) JavaScript
3 4 (4.35%) Shell Script
3 4 (4.35%) T-SQL
4 3 (3.26%) TypeScript
5 1 (1.09%) Java
5 1 (1.09%) PowerShell
5 1 (1.09%) Python
Qualifications
1 3 (3.26%) Security Cleared
2 2 (2.17%) CISSP
2 2 (2.17%) Degree
2 2 (2.17%) SC Cleared
3 1 (1.09%) CBAP
3 1 (1.09%) CISM
3 1 (1.09%) DV Cleared
3 1 (1.09%) GIAC
3 1 (1.09%) Master's Degree
3 1 (1.09%) OSCP
3 1 (1.09%) TOGAF Certification
Quality Assurance & Compliance
1 19 (20.65%) ISO 20022
1 19 (20.65%) SEPA
2 7 (7.61%) PCI DSS
3 4 (4.35%) EMIR
3 4 (4.35%) ISO 15022
3 4 (4.35%) MiFID
3 4 (4.35%) SLA
4 2 (2.17%) NIST
5 1 (1.09%) Data Quality
5 1 (1.09%) Disclosure Scotland
5 1 (1.09%) GLBA
5 1 (1.09%) ISAE 3402
5 1 (1.09%) ISO 8583
5 1 (1.09%) ISO/IEC 27001
5 1 (1.09%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 1 (1.09%) QA
5 1 (1.09%) Sarbanes-Oxley
System Software
1 1 (1.09%) Active Directory
Systems Management
1 4 (4.35%) Control-M
2 1 (1.09%) CASB
2 1 (1.09%) McAfee ePO
Vendors
1 10 (10.87%) Bloomberg
2 8 (8.70%) SAP
3 7 (7.61%) CyberSource
4 6 (6.52%) BT
5 5 (5.43%) Calypso
5 5 (5.43%) Microsoft
5 5 (5.43%) Refinitiv
6 4 (4.35%) HP
6 4 (4.35%) IBM
7 3 (3.26%) Oracle
8 2 (2.17%) Avaloq
8 2 (2.17%) Charles River
8 2 (2.17%) Reuters
9 1 (1.09%) FIS
9 1 (1.09%) Informatica
9 1 (1.09%) Lotus
9 1 (1.09%) McAfee
9 1 (1.09%) Netskope
9 1 (1.09%) Salesforce
9 1 (1.09%) Trend Micro