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This section looks at the prevalence of the term 'Investment Banking' in contract IT jobs across the UK together with a comparison to our General terms category. Included is a guide to the contractor rates offered in IT jobs that have cited Investment Banking over the 3 months to 25 July 2008 with a comparison to the same period last year.

LinkInvestment Banking
Location
3 months to 25 Jul 2008Same period last year
Rank2215
Rank change on same period last yearDown-7
Matching contract IT job ads39867853
As % of all UK contract IT job ads sampled5.313 %7.945 %
As % of the category below11.03 %16.58 %
Daily rates quoted22304017
Average minimum daily rate£467£475
Average daily rate£504£509
% change on same period last year-0.97 %
Average maximum daily rate£541£543
UK excluding London average daily rate£355£414
% change on same period last year-14.16 %
Hourly rates quoted2951
Average minimum hourly rate£40.78£29.10
Average hourly rate£43.77£31.70
% change on same period last year+38.05 %
Average maximum hourly rate£46.75£34.30
UK excluding London average hourly rate£35.00£24.00
% change on same period last year+45.83 %
IT Contractor Job Market, GeneralGeneral
UK
Matching contract IT job ads3614047376
As % of all UK contract IT job ads sampled48.17 %47.93 %
Daily rates quoted1367716935
Average minimum daily rate£415£419
Average daily rate£444£448
% change on same period last year-0.79 %
Average maximum daily rate£473£476
UK excluding London average daily rate£383£374
% change on same period last year+2.49 %
Hourly rates quoted20572302
Average minimum hourly rate£24.89£25.14
Average hourly rate£26.66£26.87
% change on same period last year-0.80 %
Average maximum hourly rate£28.43£28.61
UK excluding London average hourly rate£26.78£27.25
% change on same period last year-1.70 %

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

Investment Banking
Demand Trend

The chart provides the 3-month moving total beginning in 2004 of IT contractor jobs citing Investment Banking within the UK as a proportion of the total demand within the General category.

Investment Banking Demand Trend

Investment Banking
Daily Rate Trend

The chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Investment Banking within the UK.

Investment Banking Daily Rate Trend

Investment Banking
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing Investment Banking within the UK over the 3 months to 25 July 2008.

Investment Banking Daily Rate Histogram

Investment Banking
Hourly Rate Trend

The chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Investment Banking within the UK.

Investment Banking Hourly Rate Trend

Investment Banking
Hourly Rate Histogram

The chart provides a histogram of hourly rates quoted in contract IT jobs citing Investment Banking within the UK over the 3 months to 25 July 2008.

Investment Banking Hourly Rate Histogram

Investment Banking
Top 30 Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Investment Banking within the UK over the 3 months to 25 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
EnglandDown-53952£504-1.05 %
LondonDown-13872£507-0.89 %
City of LondonNo change01863£501-0.91 %
Docklands, LondonDown-3201£518+6.11 %
Canary WharfDown-279£514+7.53 %
South EastDown-1446£305-28.75 %
SurreyDown-3625£275-36.00 %
ScotlandDown-2018£430+28.75 %
South WestDown-715£321-24.69 %
CamberleyDown-313£271-41.10 %
DorsetDown-511£302-26.89 %
BuckinghamshireUp+2010£288-36.11 %
GlasgowDown-2410£401+22.26 %
Milton KeynesNew entry-10£288-
BournemouthDown-39£278-35.45 %
EdinburghUp+58£467+24.66 %
BelfastNew entry-5£400-
County AntrimNew entry-5£400-
MiddlesexUp+15--
Northern IrelandNew entry-5£400-
SwindonDown-13£488+15.04 %
West YorkshireDown-63£313-
WiltshireUp+63£488+16.34 %
YorkshireUp+13£313-30.55 %
Isle of ManNew entry-3--
MidlandsUp+123--
PooleUp+23£350-
LeedsDown-103£313-
SunderlandNew entry-2£300-
North EastUp+142£300-

Investment Banking
Top 30 Related IT Skills

For the 6 months to 25 July 2008, IT contractor jobs within the UK 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.

18491 (100.00 %)Banking
22959 (34.85 %)Finance
31905 (22.44 %)Derivative
41869 (22.01 %)SQL
51767 (20.81 %)Java
61585 (18.67 %)Front Office
71424 (16.77 %)UNIX
81352 (15.92 %)Oracle
91129 (13.30 %)C#
101006 (11.85 %)Sybase
111004 (11.82 %)Fixed Income
12884 (10.41 %)Foreign Exchange (FX)
13842 (9.916 %).NET
14814 (9.587 %)C++
15784 (9.233 %)Back Office
16753 (8.868 %)SQL Server
17733 (8.633 %)Equities
18715 (8.421 %)Windows
19631 (7.431 %)Project Management
20597 (7.031 %)Business Analysis
21581 (6.843 %)XML
22545 (6.419 %)Linux
23513 (6.042 %)Credit Risk
24480 (5.653 %)Perl
25472 (5.559 %)OO
26458 (5.394 %)Risk Management
26458 (5.394 %)Equity Derivative
27450 (5.300 %)Migration
28404 (4.758 %)Microsoft
29401 (4.723 %)Credit Derivative

Investment Banking
Top Related IT Skills by Category

For the 6 months to 25 July 2008, IT contractor jobs within the UK 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.

IT Contractor Job Market, Application DevelopmentApplication Development
1842 (9.916 %).NET
2581 (6.843 %)XML
3369 (4.346 %)J2EE
4308 (3.627 %)Spring
5294 (3.462 %)Hibernate
6236 (2.779 %)ASP.NET
7231 (2.721 %)WinForms
8175 (2.061 %)Middleware
9157 (1.849 %)WebServices
10143 (1.684 %)HTML
11125 (1.472 %)J2SE
12120 (1.413 %)XSLT
13111 (1.307 %)WebSphere
1492 (1.084 %)JDBC
1492 (1.084 %)AJAX
1588 (1.036 %)Swing
1683 (0.978 %)JMS
1779 (0.930 %)JSP
1876 (0.895 %)Struts
1974 (0.872 %)CSS
IT Contractor Job Market, Application PlatformsApplication Platforms
1134 (1.578 %)SharePoint
2128 (1.507 %)WebLogic
3111 (1.307 %)Tomcat
491 (1.072 %)MQSeries
580 (0.942 %)TIBCO EMS
677 (0.907 %)Rendezvous
772 (0.848 %)Apache
865 (0.766 %)Lotus Notes
964 (0.754 %)IIS
1060 (0.707 %)MS Exchange
1152 (0.612 %)JBoss
1240 (0.471 %)SharePoint Server 2007
1332 (0.377 %)Exchange Server 2003
1332 (0.377 %)SmartSockets
1428 (0.330 %)WebSphere MQ
1527 (0.318 %)Exchange Server 2000
1527 (0.318 %)Oracle Workflow
1626 (0.306 %)SAS
1720 (0.236 %)Exchange Server 2007
1819 (0.224 %)BizTalk Server
IT Contractor Job Market, ApplicationsApplications
1312 (3.674 %)MS Excel
2237 (2.791 %)MS Office
3166 (1.955 %)MS Project
499 (1.166 %)MS Visio
582 (0.966 %)MS PowerPoint
582 (0.966 %)Spreadsheet
628 (0.330 %)CA Clarity
714 (0.165 %)Photoshop
86 (0.071 %)Fireworks
95 (0.059 %)Acrobat
103 (0.035 %)Open Workbench
112 (0.024 %)RoboHelp
121 (0.012 %)Adobe Illustrator
IT Contractor Job Market, Business ApplicationsBusiness Applications
1150 (1.767 %)Summit
250 (0.589 %)Loan IQ
345 (0.530 %)RMDS
443 (0.506 %)Global One
529 (0.342 %)Endur
621 (0.247 %)BusinessWorks
713 (0.153 %)ADP Wilco Gloss
812 (0.141 %)Temenos Globus
911 (0.130 %)Eagle PACE
109 (0.106 %)Remedy ITSM
109 (0.106 %)SAP Bank Analyzer
109 (0.106 %)FRONT ARENA
109 (0.106 %)assyst
109 (0.106 %)Oracle Financials
118 (0.094 %)SAP FI
118 (0.094 %)SAP FI/CO
118 (0.094 %)SAP CO
118 (0.094 %)Sophis RISQUE
118 (0.094 %)SunGard GMI
118 (0.094 %)Kondor+
IT Contractor Job Market, Communications & NetworkingCommunications & Networking
1119 (1.401 %)Internet
2116 (1.366 %)TCP/IP
3100 (1.178 %)Firewall
480 (0.942 %)SAN
480 (0.942 %)LAN
573 (0.860 %)WAN
573 (0.860 %)DNS
656 (0.660 %)Intranet
747 (0.554 %)VPN
841 (0.483 %)LDAP
938 (0.448 %)BGP
1033 (0.389 %)OSPF
1122 (0.259 %)Wireless
1219 (0.224 %)NetScreen
1318 (0.212 %)IP Telephony
1318 (0.212 %)MPLS
1416 (0.188 %)DHCP
1515 (0.177 %)VoIP
1515 (0.177 %)BIG-IP
1614 (0.165 %)Network Security
IT Contractor Job Market, Database & Business IntelligenceDatabase & Business Intelligence
1753 (8.868 %)SQL Server
2243 (2.862 %)Datawarehouse
3224 (2.638 %)Oracle 10g
4195 (2.297 %)SQL Server 2005
5191 (2.249 %)RDBMS
6156 (1.837 %)Reference Data
7130 (1.531 %)BusinessObjects
8108 (1.272 %)Oracle 9i
9102 (1.201 %)SQL Server 2000
1091 (1.072 %)Oracle Reports
1183 (0.978 %)ETL
1274 (0.872 %)MS Access
1366 (0.777 %)Oracle 8/8i
1463 (0.742 %)SQL Server Integration Services
1554 (0.636 %)Oracle OWB
1652 (0.612 %)SQL Server 7
1748 (0.565 %)SQL Server Reporting Services
1841 (0.483 %)Oracle Discoverer
1940 (0.471 %)OLAP
1940 (0.471 %)DTS
IT Contractor Job Market, Development ApplicationsDevelopment Applications
1141 (1.661 %)TestDirector
2116 (1.366 %)JUnit
3115 (1.354 %)Ant
4112 (1.319 %)Eclipse
590 (1.060 %)NUnit
683 (0.978 %)ClearCase
750 (0.589 %)Subversion
844 (0.518 %)QuickTest Pro
938 (0.448 %)Visual Studio
1030 (0.353 %)MSI
1127 (0.318 %)Log4j
1127 (0.318 %)Log4Net
1226 (0.306 %)JIRA
1325 (0.294 %)ClearQuest
1424 (0.283 %)Oracle APEX
1519 (0.224 %)Flash
1616 (0.188 %)VSS/SourceSafe
1616 (0.188 %)CruiseControl
1715 (0.177 %)Oracle Forms
1813 (0.153 %)PowerBuilder
IT Contractor Job Market, GeneralGeneral
18491 (100.00 %)Banking
22959 (34.85 %)Finance
31585 (18.67 %)Front Office
4784 (9.233 %)Back Office
5233 (2.744 %)Financial Institution
697 (1.142 %)General Ledger
796 (1.131 %)Education
865 (0.766 %)Telecoms
940 (0.471 %)Government
940 (0.471 %)Corporate Banking
1037 (0.436 %)Billing
1037 (0.436 %)Retail
1135 (0.412 %)Graphic Design
1135 (0.412 %)Animation
1234 (0.400 %)Marketing
1330 (0.353 %)Health
1330 (0.353 %)Legal
1423 (0.271 %)Private Banking
1518 (0.212 %)Insurance
1617 (0.200 %)Construction
IT Contractor Job Market, Job TitlesJob Titles
12925 (34.45 %)Developer
22855 (33.62 %)Analyst
31603 (18.88 %)Business Analyst
4859 (10.12 %)Java Developer
5728 (8.574 %)Project Manager
6513 (6.042 %)Investment Banking Business Analyst
7497 (5.853 %)C# Developer
8445 (5.241 %)Support Analyst
9426 (5.017 %)Banking Business Analyst
10322 (3.792 %)C++ Developer
11222 (2.615 %)Senior Analyst
11222 (2.615 %)Senior Developer
12208 (2.450 %)Oracle Developer
13200 (2.355 %)Architect
14193 (2.273 %)Administrator
15187 (2.202 %)Programmer
16184 (2.167 %)Test Analyst
17182 (2.143 %)SQL Developer
18176 (2.073 %).NET Developer
19172 (2.026 %)DBA
IT Contractor Job Market, MiscellaneousMiscellaneous
11905 (22.44 %)Derivative
21004 (11.82 %)Fixed Income
3884 (10.41 %)Foreign Exchange (FX)
4733 (8.633 %)Equities
5513 (6.042 %)Credit Risk
6458 (5.394 %)Equity Derivative
7401 (4.723 %)Credit Derivative
8296 (3.486 %)Interest Rate Derivative
9277 (3.262 %)Market Risk
10184 (2.167 %)Multithreading
1185 (1.001 %)Blackberry
1277 (0.907 %)Replication
1373 (0.860 %)N-Tier
1373 (0.860 %)Mathematics
1455 (0.648 %)RIA
1553 (0.624 %)Management Information System
1647 (0.554 %)Contract for Difference
1744 (0.518 %)French Language
1840 (0.471 %)Grid Computing
1939 (0.459 %)Computer Science
IT Contractor Job Market, Operating SystemsOperating Systems
11424 (16.77 %)UNIX
2715 (8.421 %)Windows
3545 (6.419 %)Linux
4315 (3.710 %)Solaris
5137 (1.613 %)Windows NT
6103 (1.213 %)Windows XP
770 (0.824 %)Windows 2000
834 (0.400 %)VMS
927 (0.318 %)Windows Server 2003
1023 (0.271 %)AIX
1120 (0.236 %)HPUX
1210 (0.118 %)SUSE
133 (0.035 %)Windows Mobile
133 (0.035 %)Windows Vista
141 (0.012 %)OS/2
141 (0.012 %)MVS
IT Contractor Job Market, Processes & MethodologiesProcesses & Methodologies
1631 (7.431 %)Project Management
2597 (7.031 %)Business Analysis
3472 (5.559 %)OO
4458 (5.394 %)Risk Management
5450 (5.300 %)Migration
6362 (4.263 %)User Acceptance Testing
7340 (4.004 %)Asset Management
8320 (3.769 %)Change Management
9269 (3.168 %)PRINCE2
10208 (2.450 %)UML
11201 (2.367 %)Workflow
12183 (2.155 %)ITIL
13173 (2.037 %)Data Analysis
14167 (1.967 %)Agile Software Development
15149 (1.755 %)Data Modelling
16142 (1.672 %)E-Commerce
17126 (1.484 %)Project Planning
18123 (1.449 %)Investment Management
18123 (1.449 %)Data Migration
19112 (1.319 %)Scrum
IT Contractor Job Market, Programming LanguagesProgramming Languages
11869 (22.01 %)SQL
21767 (20.81 %)Java
31129 (13.30 %)C#
4814 (9.587 %)C++
5480 (5.653 %)Perl
6333 (3.922 %)VBA
7330 (3.886 %)PL/SQL
8295 (3.474 %)Shell Script
9259 (3.050 %)VB
10155 (1.825 %)Transact-SQL
11150 (1.767 %)C
12137 (1.613 %)JavaScript
1394 (1.107 %)VC++
1471 (0.836 %)VB.NET
1471 (0.836 %)Korn
1563 (0.742 %)VBScript
1652 (0.612 %)VB6
1747 (0.554 %)Python
1842 (0.495 %)ActionScript
1927 (0.318 %)PHP
IT Contractor Job Market, QualificationsQualifications
1252 (2.968 %)Degree
264 (0.754 %)ISEB
363 (0.742 %)Cisco Certification
451 (0.601 %)Microsoft Certification
451 (0.601 %)PRINCE2 Certification
536 (0.424 %)ACCA
635 (0.412 %)CIMA
635 (0.412 %)CISSP
635 (0.412 %)MCSE
733 (0.389 %)PMI Certification
831 (0.365 %)CCIE
929 (0.342 %)PMP
1026 (0.306 %)PRINCE2 Practitioner
1026 (0.306 %)CCNP
1121 (0.247 %)ITIL Certification
1218 (0.212 %)CCNA
1312 (0.141 %)CISA
1410 (0.118 %)CISM
1410 (0.118 %)MCP
158 (0.094 %)MCSA
IT Contractor Job Market, Quality Assurance & ComplianceQuality Assurance & Compliance
1119 (1.401 %)QA
2106 (1.248 %)Basel II
346 (0.542 %)SLA
443 (0.506 %)Sarbanes-Oxley
514 (0.165 %)MiFID
69 (0.106 %)ISO27001
69 (0.106 %)COBIT
78 (0.094 %)BS7799
78 (0.094 %)ISO17799
83 (0.035 %)ISO9001
92 (0.024 %)GAAP
101 (0.012 %)IAS 39
101 (0.012 %)ISO9000
101 (0.012 %)ISO/IEC 20000
IT Contractor Job Market, System SoftwareSystem Software
1142 (1.672 %)Active Directory
241 (0.483 %)Oracle RAC
325 (0.294 %)NetBackup
424 (0.283 %)AquaLogic
520 (0.236 %)NFS
520 (0.236 %)Oracle RMAN
619 (0.224 %)VMware Infrastructure
619 (0.224 %)VMware ESX
715 (0.177 %)Terminal Services
88 (0.094 %)Orbix
97 (0.082 %)MailMarshal
104 (0.047 %)Citrix Presentation Server
113 (0.035 %)Xen
113 (0.035 %)Terminal Server
122 (0.024 %)Samba
122 (0.024 %)ISA Server
122 (0.024 %)Microsoft Virtual Server
122 (0.024 %)VMware Workstation
131 (0.012 %)Backup Exec
131 (0.012 %)MetaFrame
IT Contractor Job Market, Systems ManagementSystems Management
199 (1.166 %)AutoSys
236 (0.424 %)OpenView
328 (0.330 %)Tivoli
421 (0.247 %)CONTROL-M
512 (0.141 %)Systems Management Server (SMS)
611 (0.130 %)EMC TimeFinder
79 (0.106 %)Oracle Enterprise Manager
79 (0.106 %)Unicenter
88 (0.094 %)CiscoWorks
88 (0.094 %)Netcool
97 (0.082 %)MOM
106 (0.071 %)BMC PATROL
106 (0.071 %)Tivoli Monitoring
115 (0.059 %)NNM
115 (0.059 %)SCCM
124 (0.047 %)Tivoli Storage Manager
133 (0.035 %)Oracle Statspack
133 (0.035 %)MAILsweeper
133 (0.035 %)CA SiteMinder
142 (0.024 %)TIBCO Hawk
IT Contractor Job Market, VendorsVendors
11352 (15.92 %)Oracle
21006 (11.85 %)Sybase
3404 (4.758 %)Microsoft
4341 (4.016 %)Calypso
5227 (2.673 %)TIBCO
6197 (2.320 %)Murex
7179 (2.108 %)Bloomberg
8156 (1.837 %)Reuters
9138 (1.625 %)Cisco
10130 (1.531 %)Business Objects
11122 (1.437 %)Fidessa
12120 (1.413 %)Informatica
1398 (1.154 %)Remedy
1495 (1.119 %)Red Hat
1593 (1.095 %)VERITAS
1681 (0.954 %)HP
1780 (0.942 %)Citrix
1879 (0.930 %)Sun
1967 (0.789 %)Lotus
2059 (0.695 %)Sophis
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