SWIFT Messaging Network Contracts with Work from Home Options

Society for Worldwide Interbank Financial Telecommunication (SWIFT Messaging Network)
UK > Work from Home

The table below looks at the prevalence of the term SWIFT Messaging Network in contract job vacancies with an option to work from home (WFH). Included is a benchmarking guide to the contractor rates offered in vacancies that have cited SWIFT Messaging Network over the 6 months to 16 May 2024 with a comparison to the same period over the previous 2 years.

6 months to
16 May 2024
Same period 2023 Same period 2022
Rank 309 363 551
Rank change year-on-year +54 +188 -91
Contract jobs citing SWIFT Messaging Network 38 105 71
As % of all contract jobs with a WFH option 0.26% 0.43% 0.16%
As % of the Miscellaneous category 0.89% 1.35% 0.51%
Number of daily rates quoted 31 89 51
10th Percentile £400 £473 -
25th Percentile £550 £600 £505
Median daily rate (50th Percentile) £613 £740 £550
Median % change year-on-year -17.23% +34.55% -
75th Percentile £700 £823 £663
90th Percentile - £835 £694
UK median daily rate £625 £675 £610
% change year-on-year -7.41% +10.66% +6.09%

All Generic Skills
Work from Home

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 WFH option and a requirement for generic IT skills.

Contract vacancies with a requirement for generic IT skills 4,251 7,781 13,858
As % of all contract jobs with a WFH option 28.72% 31.57% 31.53%
Number of daily rates quoted 2,907 5,495 9,916
10th Percentile £325 £363 £362
25th Percentile £438 £456 £438
Median daily rate (50th Percentile) £550 £550 £540
Median % change year-on-year - +1.85% +9.09%
75th Percentile £675 £688 £650
90th Percentile £825 £797 £750
UK median daily rate £540 £550 £550
% change year-on-year -1.82% - +10.00%
Number of hourly rates quoted 186 150 225
10th Percentile £15.88 £19.00 £13.66
25th Percentile £25.50 £25.71 £20.75
Median hourly rate £51.00 £52.50 £44.50
Median % change year-on-year -2.86% +17.98% +29.93%
75th Percentile £69.38 £70.00 £60.00
90th Percentile £72.50 £85.00 £66.90
UK median hourly rate £31.38 £22.49 £27.50
% change year-on-year +39.54% -18.24% +4.05%

SWIFT Messaging Network
Trend for Jobs with a WFH Option

Job vacancies with a work from home option citing SWIFT Messaging Network as a proportion of all IT jobs advertised.

SWIFT Messaging Network trend for jobs with a WFH option

SWIFT Messaging Network
Daily Rate Trend for Jobs with a WFH Option

3-month moving average daily rate quoted in job vacancies with a work from home option citing SWIFT Messaging Network.

SWIFT Messaging Network daily rate for jobs with a WFH option

SWIFT Messaging Network
Daily Rate Histogram for Jobs with a WFH Option

Daily rate distribution for jobs with a work from home option citing SWIFT Messaging Network over the 6 months to 16 May 2024.

SWIFT Messaging Network daily rate histogram for jobs with a WFH option

SWIFT Messaging Network
Co-occurring Skills and Capabilities with WFH Options 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 (2.63%) IBM Notes
1 1 (2.63%) Microsoft Exchange
1 1 (2.63%) SharePoint
Cloud Services
1 3 (7.89%) Azure
1 3 (7.89%) Miro
2 1 (2.63%) Microsoft 365
2 1 (2.63%) OneDrive
2 1 (2.63%) SaaS
Communications & Networking
1 7 (18.42%) ATM
2 4 (10.53%) SWIFTNet
Database & Business Intelligence
1 3 (7.89%) NoSQL
1 3 (7.89%) SAP HANA
2 1 (2.63%) Oracle Database
2 1 (2.63%) PostgreSQL
2 1 (2.63%) SQL Server
2 1 (2.63%) Tableau
General
1 33 (86.84%) Finance
2 28 (73.68%) Banking
3 11 (28.95%) Social Skills
4 3 (7.89%) Back Office
4 3 (7.89%) Corporate Banking
4 3 (7.89%) Public Sector
5 2 (5.26%) Analytical Skills
5 2 (5.26%) Financial Institution
5 2 (5.26%) Investment Banking
5 2 (5.26%) Pharmaceutical
5 2 (5.26%) Private Banking
5 2 (5.26%) Retail
6 1 (2.63%) Documentation Skills
Job Titles
1 17 (44.74%) Analyst
2 13 (34.21%) Business Analyst
3 11 (28.95%) Architect
3 11 (28.95%) Solutions Architect
4 10 (26.32%) Payments Analyst
4 10 (26.32%) Payments Business Analyst
5 5 (13.16%) Financial Analyst
5 5 (13.16%) Senior
6 4 (10.53%) Senior Analyst
7 3 (7.89%) Business Finance Analyst
7 3 (7.89%) Finance Business Analyst
7 3 (7.89%) Project Manager
7 3 (7.89%) Senior Business Analyst
7 3 (7.89%) Senior Business Finance Analyst
7 3 (7.89%) Senior Financial Analyst
8 2 (5.26%) Banking Project Manager
8 2 (5.26%) Operations Analyst
8 2 (5.26%) Payments Project Manager
8 2 (5.26%) Service Analyst
8 2 (5.26%) Transformation Programme Architect
Libraries, Frameworks & Software Standards
1 7 (18.42%) Middleware
2 3 (7.89%) FIX Protocol
2 3 (7.89%) SAP PI
3 1 (2.63%) RESTful
3 1 (2.63%) Web Services
Miscellaneous
1 5 (13.16%) Derivative
2 4 (10.53%) Data Protection Act
3 2 (5.26%) Enterprise Software
3 2 (5.26%) Foreign Exchange (FX)
4 1 (2.63%) Cyber Defence
4 1 (2.63%) Cyber Threat
4 1 (2.63%) Management Information System
4 1 (2.63%) Product Ownership
4 1 (2.63%) Robotics
4 1 (2.63%) Security Operations Centre
Operating Systems
1 1 (2.63%) Windows
Processes & Methodologies
1 14 (36.84%) Agile
2 9 (23.68%) SDLC
3 8 (21.05%) Microservices
3 8 (21.05%) Project Delivery
4 7 (18.42%) Anti-Money Laundering
4 7 (18.42%) User Acceptance Testing
4 7 (18.42%) Waterfall
5 6 (15.79%) Business Case
5 6 (15.79%) Data Protection
6 4 (10.53%) Requirements Gathering
7 3 (7.89%) Data Mapping
7 3 (7.89%) Data Migration
7 3 (7.89%) Migration
7 3 (7.89%) Problem-Solving
7 3 (7.89%) Roadmaps
7 3 (7.89%) Scrum
7 3 (7.89%) Technical Leadership
7 3 (7.89%) Wealth Management
8 2 (5.26%) Information Security
8 2 (5.26%) Stakeholder Management
Programming Languages
1 4 (10.53%) SQL
2 1 (2.63%) C#
2 1 (2.63%) Java
2 1 (2.63%) PowerShell
2 1 (2.63%) Python
Qualifications
1 2 (5.26%) CISSP
2 1 (2.63%) CISM
2 1 (2.63%) GIAC
2 1 (2.63%) OSCP
2 1 (2.63%) Security Cleared
2 1 (2.63%) TOGAF Certification
Quality Assurance & Compliance
1 9 (23.68%) SEPA
2 3 (7.89%) ISO 20022
3 2 (5.26%) EMIR
3 2 (5.26%) MiFID
3 2 (5.26%) NIST
3 2 (5.26%) PCI DSS
4 1 (2.63%) Disclosure Scotland
4 1 (2.63%) GLBA
4 1 (2.63%) ISAE 3402
4 1 (2.63%) ISO/IEC 27001
4 1 (2.63%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
4 1 (2.63%) QA
4 1 (2.63%) Sarbanes-Oxley
4 1 (2.63%) SLA
System Software
1 1 (2.63%) Active Directory
Systems Management
1 1 (2.63%) CASB
1 1 (2.63%) McAfee ePO
Vendors
1 3 (7.89%) CyberSource
1 3 (7.89%) SAP
2 2 (5.26%) Bloomberg
2 2 (5.26%) Calypso
2 2 (5.26%) Reuters
3 1 (2.63%) Axway
3 1 (2.63%) Cisco
3 1 (2.63%) Informatica
3 1 (2.63%) Lotus
3 1 (2.63%) McAfee
3 1 (2.63%) Netskope
3 1 (2.63%) Oracle
3 1 (2.63%) Trend Micro