The table below looks at the prevalence of the term Investment Banking in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Investment Banking over the 3 months to 24 October 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
24 Oct 2014
Same period 2013 Same period 2012
Investment Banking
Rank 19 11 8
Rank change year-on-year
-8 -3
Contract jobs citing Investment Banking 470 797 834
As % of all contract IT jobs located in the City of London 7.85% 10.96% 11.83%
As % of the General category 15.25% 19.44% 19.90%
Number of daily rates quoted 386 627 649
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £550 £550
Average daily rate % change year-on-year
-4.54% -
90% offered a daily rate of more than £375 £420 £400
10% offered a daily rate of more than £700 £650 £665
UK excluding London average daily rate £425 £425 £350
% change year-on-year
- +21.42%
Number of hourly rates quoted 1 7 3
Average hourly rate £19.00 £20.00 £22.50
Average hourly rate % change year-on-year
-5.00% -11.11%
UK excluding London average hourly rate - £14.00 £15.86
% change year-on-year
- -11.72%
Investment Banking
London

The following table is for comparison with the above and provides statistics for the entire General category in contract jobs advertised in the City of London region.

General Category
City of London
Contract IT job ads with a match in the
General category
3081 4099 4191
As % of all contract IT jobs located in the City of London 51.49% 56.37% 59.43%
Number of daily rates quoted 2358 3046 3134
Average daily rate £475 £475 £475
90% offered a daily rate of more than £300 £310 £300
10% offered a daily rate of more than £650 £625 £625
UK excluding London average daily rate £400 £380 £375
% change year-on-year
+5.26% +1.33%
Number of hourly rates quoted 24 65 58
Average hourly rate £18.50 £20.00 £22.50
Average hourly rate % change year-on-year
-7.50% -11.11%
90% offered a hourly rate of more than £11.00 £12.50 £17.35
10% offered a hourly rate of more than £23.15 £52.00 £53.38
UK excluding London average hourly rate £24.00 £22.50 £26.00
% change year-on-year
+6.66% -13.46%

Investment Banking
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Investment Banking across the City of London region as a proportion of the total demand within the General category.

Investment Banking Jobs Demand Trend in the City of London

Investment Banking
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Investment Banking across the City of London region.

Investment Banking Daily Rate Trend in the City of London

Investment Banking
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Investment Banking across the City of London region over the 3 months to 24 October 2014.

Investment Banking Daily Rate Histogram in the City of London

Investment Banking
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Investment Banking across the City of London region.

Investment Banking Hourly Rate Trend in the City of London

Investment Banking
Top 30 Related IT Skills in the City of London

For the 6 months to 24 October 2014, IT contractor jobs across the City of London region citing Investment Banking also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Investment Banking.

1 969 (100.00%) Banking
2 373 (38.49%) Finance
3 236 (24.36%) SQL
4 198 (20.43%) Front Office
5 193 (19.92%) Agile Software Development
6 189 (19.50%) Java
7 162 (16.72%) Oracle
8 117 (12.07%) UNIX
9 114 (11.76%) C#
10 112 (11.56%) Project Management
11 105 (10.84%) Windows
12 100 (10.32%) Foreign Exchange (FX)
13 95 (9.80%) Derivative
14 91 (9.39%) SQL Server
15 86 (8.88%) Linux
16 82 (8.46%) Business Analysis
17 80 (8.26%) Fixed Income
18 76 (7.84%) Stakeholder Management
18 76 (7.84%) .NET
19 73 (7.53%) Multithreading
20 72 (7.43%) Degree
20 72 (7.43%) Microsoft
21 69 (7.12%) Market Risk
22 67 (6.91%) Risk Management
22 67 (6.91%) Analytical Skills
23 64 (6.60%) Credit Risk
24 63 (6.50%) JavaScript
25 62 (6.40%) HTML
26 61 (6.30%) C++
27 60 (6.19%) MS Excel

Investment Banking
Top Related IT Skills in the City of London by Category

For the 6 months to 24 October 2014, IT contractor jobs across the City of London region citing Investment Banking also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Investment Banking. Up to 20 skills are shown per category.

Application Platforms
1 18 (1.86%) SharePoint
2 13 (1.34%) Oracle Coherence
3 12 (1.24%) WebSphere
4 11 (1.14%) MS Exchange
4 11 (1.14%) WebLogic
5 10 (1.03%) IIS
6 9 (0.93%) Tomcat
6 9 (0.93%) Exchange Server 2007
7 8 (0.83%) IBM Notes
7 8 (0.83%) Apache
8 7 (0.72%) Exchange Server 2010
9 6 (0.62%) Lync
9 6 (0.62%) WebSphere Application Server
10 5 (0.52%) JBoss
10 5 (0.52%) Office Communications Server
10 5 (0.52%) Exchange Server 2013
11 4 (0.41%) Node.js
11 4 (0.41%) Exchange Server 5.5
12 3 (0.31%) TIBCO EMS
12 3 (0.31%) CMS
Applications
1 60 (6.19%) MS Excel
2 40 (4.13%) MS Office
3 33 (3.41%) MS PowerPoint
4 15 (1.55%) MS Project
5 13 (1.34%) MS Visio
6 7 (0.72%) Spreadsheet
7 4 (0.41%) Photoshop
7 4 (0.41%) Adobe Illustrator
8 1 (0.10%) Acrobat
8 1 (0.10%) RoboHelp
8 1 (0.10%) Open Workbench
Business Applications
1 8 (0.83%) RMDS
2 7 (0.72%) ION MarketView
3 6 (0.62%) Markit EDM
4 5 (0.52%) Algo Collateral
4 5 (0.52%) Oracle EBS R12
4 5 (0.52%) Global One
5 4 (0.41%) HiPortfolio
5 4 (0.41%) Oracle EBS
5 4 (0.41%) SunGard Martini
6 3 (0.31%) Adaptiv
6 3 (0.31%) Front Arena
6 3 (0.31%) Summit
6 3 (0.31%) SunGard GMI
6 3 (0.31%) IntelliMatch
6 3 (0.31%) Oracle Subledger Accounting
7 2 (0.21%) Oracle General Ledger
7 2 (0.21%) Eagle PACE
7 2 (0.21%) assyst
7 2 (0.21%) Dynamics CRM
7 2 (0.21%) Kondor+
Cloud Services
1 6 (0.62%) Cloud Computing
2 5 (0.52%) Office 365
3 2 (0.21%) Amazon EC2
4 1 (0.10%) Microsoft Azure
Communications & Networking
1 24 (2.48%) Firewall
2 19 (1.96%) Internet
3 14 (1.44%) TCP/IP
4 13 (1.34%) WAN
5 12 (1.24%) LAN
5 12 (1.24%) SAN
6 11 (1.14%) DNS
7 10 (1.03%) Multicast
8 9 (0.93%) OSPF
8 9 (0.93%) BGP
8 9 (0.93%) Network Security
9 7 (0.72%) EIGRP
9 7 (0.72%) VPN
10 5 (0.52%) MPLS
10 5 (0.52%) DHCP
10 5 (0.52%) Unified Communications
10 5 (0.52%) Cisco IOS
10 5 (0.52%) Cisco Nexus
11 4 (0.41%) HSRP
11 4 (0.41%) NAS
Database & Business Intelligence
1 91 (9.39%) SQL Server
2 44 (4.54%) Relational Database
3 42 (4.33%) Oracle Database
4 28 (2.89%) Data Warehouse
4 28 (2.89%) SQL Server Integration Services
5 22 (2.27%) SQL Server 2008
6 18 (1.86%) Big Data
7 17 (1.75%) SQL Server Reporting Services
7 17 (1.75%) Oracle Database 10g
8 14 (1.44%) MongoDB
9 13 (1.34%) QlikView
10 12 (1.24%) RDBMS
11 10 (1.03%) Hadoop
11 10 (1.03%) SQL Server Analysis Services
12 9 (0.93%) Sybase ASE
13 8 (0.83%) SQL Server 2005
13 8 (0.83%) Oracle Database 11g
13 8 (0.83%) Oracle BI EE
14 7 (0.72%) NoSQL
14 7 (0.72%) Data Mining
Development Applications
1 33 (3.41%) JUnit
2 27 (2.79%) Maven
3 26 (2.68%) JIRA
4 24 (2.48%) TeamCity
5 19 (1.96%) CruiseControl
6 13 (1.34%) Subversion
6 13 (1.34%) Mockito
7 12 (1.24%) Selenium
8 11 (1.14%) Ant
8 11 (1.14%) Eclipse
9 8 (0.83%) Cucumber
9 8 (0.83%) WebDriver
10 7 (0.72%) Git (software)
10 7 (0.72%) FitNesse
11 6 (0.62%) NUnit
12 5 (0.52%) TestDirector
12 5 (0.52%) Visual Studio
12 5 (0.52%) jMock
13 4 (0.41%) Team Foundation Server
13 4 (0.41%) Microsoft Blend
General
1 969 (100.00%) Banking
2 373 (38.49%) Finance
3 198 (20.43%) Front Office
4 51 (5.26%) Back Office
5 27 (2.79%) Financial Institution
6 26 (2.68%) Legal
7 21 (2.17%) Advertising
8 12 (1.24%) Telecoms
8 12 (1.24%) Retail
9 8 (0.83%) General Ledger
10 6 (0.62%) Private Banking
10 6 (0.62%) Games
10 6 (0.62%) French Language
11 5 (0.52%) Retail Banking
12 4 (0.41%) International Banking
13 2 (0.21%) German Language
13 2 (0.21%) Marketing
13 2 (0.21%) Manufacturing
14 1 (0.10%) Publishing
14 1 (0.10%) Law
Job Titles
1 313 (32.30%) Developer
2 266 (27.45%) Analyst
3 154 (15.89%) Business Analyst
4 107 (11.04%) Project Manager
5 87 (8.98%) Java Developer
6 48 (4.95%) Senior Developer
7 44 (4.54%) Architect
8 33 (3.41%) C# Developer
9 29 (2.99%) Consultant
9 29 (2.99%) Support Analyst
10 26 (2.68%) Python Developer
11 25 (2.58%) Programme Manager
12 24 (2.48%) SQL Developer
12 24 (2.48%) Risk Analyst
13 22 (2.27%) Test Manager
14 21 (2.17%) C++ Developer
14 21 (2.17%) IT Business Analyst
15 20 (2.06%) Senior Java Developer
16 18 (1.86%) Investment Banking Business Analyst
17 17 (1.75%) Credit Risk Analyst
Libraries, Frameworks & Software Standards
1 76 (7.84%) .NET
2 62 (6.40%) HTML
3 59 (6.09%) Spring
4 42 (4.33%) XML
5 36 (3.72%) HTML5
6 34 (3.51%) Web Services
7 33 (3.41%) Hibernate
8 32 (3.30%) CSS
9 31 (3.20%) J2EE
10 30 (3.10%) JDBC
11 28 (2.89%) WPF
12 25 (2.58%) Middleware
13 23 (2.37%) jQuery
14 22 (2.27%) JMS
15 21 (2.17%) RESTful
15 21 (2.17%) AngularJS
16 19 (1.96%) FIX Protocol
16 19 (1.96%) ASP.NET
17 18 (1.86%) .NET Framework
18 13 (1.34%) Rendezvous
Miscellaneous
1 100 (10.32%) Foreign Exchange (FX)
2 95 (9.80%) Derivative
3 80 (8.26%) Fixed Income
4 69 (7.12%) Market Risk
5 67 (6.91%) Analytical Skills
6 64 (6.60%) Credit Risk
7 42 (4.33%) Equities
8 38 (3.92%) Computer Science
9 16 (1.65%) User Experience
10 15 (1.55%) Blackberry
11 14 (1.44%) Hedge funds
12 12 (1.24%) Data Structures
12 12 (1.24%) Management Information System
12 12 (1.24%) Mathematics
13 11 (1.14%) Reference Data
14 9 (0.93%) Equity Derivative
14 9 (0.93%) Replication
15 8 (0.83%) SWIFT
15 8 (0.83%) Mobile App
16 7 (0.72%) iPad
Operating Systems
1 117 (12.07%) UNIX
2 105 (10.84%) Windows
3 86 (8.88%) Linux
4 23 (2.37%) Solaris
5 21 (2.17%) Windows 7
6 17 (1.75%) Red Hat Enterprise Linux
7 13 (1.34%) Windows Server 2008
7 13 (1.34%) Windows XP
8 10 (1.03%) Windows Server 2003
9 5 (0.52%) Android
10 4 (0.41%) Apple iOS
10 4 (0.41%) SUSE
10 4 (0.41%) Windows Server 2012
11 2 (0.21%) Windows Vista
11 2 (0.21%) zOS
11 2 (0.21%) AIX
11 2 (0.21%) HPUX
11 2 (0.21%) Oracle Linux
11 2 (0.21%) Windows 8
11 2 (0.21%) Windows 2000 Server
Processes & Methodologies
1 193 (19.92%) Agile Software Development
2 112 (11.56%) Project Management
3 82 (8.46%) Business Analysis
4 76 (7.84%) Stakeholder Management
5 73 (7.53%) Multithreading
6 67 (6.91%) Risk Management
7 60 (6.19%) TDD
8 59 (6.09%) OO
9 54 (5.57%) Low Latency
10 50 (5.16%) Analytics
11 43 (4.44%) Data Modelling
12 42 (4.33%) User Acceptance Testing
13 41 (4.23%) Migration
14 40 (4.13%) Data Analysis
14 40 (4.13%) Continuous Integration
15 37 (3.82%) Software Engineering
15 37 (3.82%) ETL
15 37 (3.82%) ITIL
16 36 (3.72%) Unit Testing
17 34 (3.51%) PRINCE2
Programming Languages
1 236 (24.36%) SQL
2 189 (19.50%) Java
3 114 (11.76%) C#
4 63 (6.50%) JavaScript
5 61 (6.30%) C++
6 53 (5.47%) Python
7 42 (4.33%) Perl
8 36 (3.72%) PL/SQL
9 35 (3.61%) Shell Script
10 29 (2.99%) VBA
11 19 (1.96%) PowerShell
12 16 (1.65%) T-SQL
13 12 (1.24%) VB
14 10 (1.03%) C
15 8 (0.83%) Scala
15 8 (0.83%) XAML
16 7 (0.72%) Bash Shell
17 5 (0.52%) Korn
18 4 (0.41%) AWK
18 4 (0.41%) C-shell
Qualifications
1 72 (7.43%) Degree
2 16 (1.65%) PMI Certification
3 11 (1.14%) PMP
3 11 (1.14%) ISEB
4 10 (1.03%) PRINCE2 Certification
5 8 (0.83%) Cisco Certification
6 7 (0.72%) CCNP
7 6 (0.62%) ISTQB
8 5 (0.52%) ISTQB Foundation Certification
9 4 (0.41%) CCSA
9 4 (0.41%) CCSE
10 3 (0.31%) ISEB Practitioner
10 3 (0.31%) VMware Certified Professional (VCP)
10 3 (0.31%) ITIL Certification
11 2 (0.21%) ACCA
11 2 (0.21%) CISM
11 2 (0.21%) CIMA
11 2 (0.21%) Microsoft Certification
11 2 (0.21%) CISSP
11 2 (0.21%) MCP
Quality Assurance & Compliance
1 51 (5.26%) QA
2 25 (2.58%) EMIR
3 18 (1.86%) Dodd-Frank
4 12 (1.24%) ISO 9001
4 12 (1.24%) SLA
5 10 (1.03%) MiFID
6 9 (0.93%) Basel III
6 9 (0.93%) Data Quality
7 6 (0.62%) COBIT
8 5 (0.52%) COREP
8 5 (0.52%) FINREP
8 5 (0.52%) FATCA
8 5 (0.52%) Sarbanes-Oxley
9 4 (0.41%) Basel II
10 3 (0.31%) CRD IV
11 2 (0.21%) WAI
12 1 (0.10%) ISO/IEC 27001
System Software
1 27 (2.79%) Active Directory
2 9 (0.93%) VMware Infrastructure
3 8 (0.83%) Oracle RAC
4 6 (0.62%) Veritas Cluster Server
4 6 (0.62%) XenApp
5 5 (0.52%) VMware ESX
5 5 (0.52%) vSphere
5 5 (0.52%) VMware ESXi
5 5 (0.52%) Oracle RMAN
6 4 (0.41%) XenDesktop
6 4 (0.41%) Veritas Volume Manager
7 2 (0.21%) Veritas File System
7 2 (0.21%) Terminal Server
7 2 (0.21%) RACF
7 2 (0.21%) ACF2
8 1 (0.10%) Platform Symphony
8 1 (0.10%) VMware Workstation
Systems Management
1 23 (2.37%) HP Quality Center
2 17 (1.75%) Control-M
3 8 (0.83%) Tivoli
3 8 (0.83%) Data Guard
4 6 (0.62%) ITRS Geneos
5 5 (0.52%) Forefront Identity Manager
5 5 (0.52%) Symantec Enterprise Vault
5 5 (0.52%) Tivoli Storage Manager
6 4 (0.41%) BMC PATROL
7 3 (0.31%) XenMobile
8 2 (0.21%) Tivoli Endpoint Manager
8 2 (0.21%) NetBackup
8 2 (0.21%) CA Spectrum
8 2 (0.21%) HP SIM
8 2 (0.21%) CiscoWorks
8 2 (0.21%) SCCM
8 2 (0.21%) SCOM
9 1 (0.10%) Oracle Identity Manager
9 1 (0.10%) BladeLogic
9 1 (0.10%) ServiceCenter
Vendors
1 162 (16.72%) Oracle
2 72 (7.43%) Microsoft
3 51 (5.26%) Sybase
4 25 (2.58%) Citrix
5 22 (2.27%) Red Hat
6 21 (2.17%) HP
7 18 (1.86%) Murex
8 17 (1.75%) Cisco
8 17 (1.75%) IBM
8 17 (1.75%) VMware
9 16 (1.65%) TIBCO
10 14 (1.44%) SunGard
11 13 (1.34%) Business Objects
11 13 (1.34%) CheckPoint
11 13 (1.34%) Bloomberg
12 12 (1.24%) EMC
13 11 (1.14%) ION Trading
14 10 (1.03%) Reuters
14 10 (1.03%) Symantec
14 10 (1.03%) Informatica
City, London
Fenwick Ryan
Rate: £250 - £300 per day
Posted: 19 hours ago
City, London
Hatstand Limited
Rate: £400 - £700 per day
Posted: Yesterday
City, London
Hatstand Limited
Rate: £36 - £350 per day
Posted: Yesterday
City, London
McGregor Boyall
Rate: £600 - £625 per day
Posted: Yesterday
City, London
Aston Carter
Rate: £400 - £500 per day
Posted: 2 days ago
City, London
Woodrow Mercer Recruitment
Posted: 2 days ago
City, London
Experis Ltd
Rate: £500 per day
Posted: 2 days ago
City, London
McGregor Boyall
Rate: £600 - £650 per day + depending on experience
Posted: 2 days ago
City, London
Aston Carter
Rate: £400 - £450 per day
Posted: 3 days ago
City, London
JM
Rate: £500 - £550 per day
Posted: 3 days ago
City, London
Harrington Starr
Rate: £650 per day
Posted: 4 days ago
City, London
ComputAppoint
Rate: £250 - £300 per day
Posted: 4 days ago
City, London
TEKsystems
Rate: £450 - £550 per day + `
Posted: 5 days ago
City, London
Harvey Nash plc
Rate: £450 - £500 per annum
Posted: 5 days ago
City, London
Quant Capital
Rate: Up to £450 per day OR PERM
Posted: 5 days ago
City, London
Stott & May
Rate: From £375 to £425 per day
Posted: 5 days ago
City, London
Aston Carter
Rate: £500 - £550 per day
Posted: 5 days ago
City, London
ComputAppoint
Rate: £475 - £500 per day
Posted: 5 days ago
City, London
McGregor Boyall
Rate: £500 - £800 per day
Posted: 6 days ago
City, London
McGregor Boyall
Rate: £450 - £600 per day
Posted: 6 days ago