The first part of the table below looks at the prevalence of the term Investment Banking in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Investment Banking over the 3 months to 16 May 2012 with a comparison to the same period in the previous 2 years. The second part of the table is for comparison and provides aggregates for all terms in our General category.

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.

Investment Banking
Location
3 months to
16 May 2012
Same period 2011Same period 2010
Rank31108
Rank change year-on-year
Down-21Down-2
Matching contract IT job ads295064126239
As % of all contract IT jobs located in the UK4.984 %10.45 %11.33 %
As % of the General category11.03 %20.93 %23.60 %
Number of daily rates quoted226347983971
Average daily rate£500£550£525
Average daily rate % change year-on-year
-9.09 %+4.76 %
90% of contracts offered a daily rate of more than£375£400£375
10% of contracts offered a daily rate of more than£650£650£650
UK excluding London average daily rate£390£389£350
% change year-on-year
+0.32 %+11.07 %
Number of hourly rates quoted14514
Average hourly rate£22.00£22.63£22.85
Average hourly rate % change year-on-year
-2.76 %-0.98 %
90% of contracts offered a hourly rate of more than£15.90£18.40£15.09
10% of contracts offered a hourly rate of more than£25.00£82.00£38.55
UK excluding London average hourly rate£23.50£69.00£104.35
% change year-on-year
-65.94 %-33.87 %
IT Contractor Job Market, General CategoryAll General Category
UK
Contract IT job ads with a match in the
General category
267373063526441
As % of all contract IT jobs located in the UK45.17 %49.92 %48.02 %
Number of daily rates quoted158851836014057
Average daily rate£425£500£475
Average daily rate % change year-on-year
-15.00 %+5.26 %
90% of contracts offered a daily rate of more than£275£300£288
10% of contracts offered a daily rate of more than£600£650£625
UK excluding London average daily rate£375£375£350
% change year-on-year
-+7.14 %
Number of hourly rates quoted765923841
Average hourly rate£23.00£25.00£22.50
Average hourly rate % change year-on-year
-8.00 %+11.11 %
90% of contracts offered a hourly rate of more than£12.00£11.50£11.00
10% of contracts offered a hourly rate of more than£42.50£41.00£40.00
UK excluding London average hourly rate£25.00£26.00£22.50
% change year-on-year
-3.84 %+15.55 %

Investment Banking
Demand Trend

The chart provides the 3-month moving total 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 16 May 2012.

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
Top 30 Contract Locations

The table below 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 16 May 2012. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

LocationRank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
EnglandDown-202862£513-6.81 %
LondonDown-42802£525-4.54 %
City of LondonDown-2995£525-4.54 %
Canary WharfDown-3100£550-8.33 %
ScotlandUp+1979£381+7.77 %
Docklands, LondonDown-251£500-13.04 %
GlasgowUp+539£400+14.28 %
EdinburghUp+1319£390+4.00 %
South WestDown-2218£391+0.57 %
South EastDown-1216£413-17.50 %
SurreyNo change013£413-1.49 %
North WestUp+912£375-
DorsetUp+111£383-1.79 %
BournemouthUp+111£383-1.47 %
StirlingUp+1210£313-34.21 %
West MidlandsDown-107£431+87.50 %
CamberleyDown-75£385-26.66 %
CroydonDown-85£488+2.63 %
LiverpoolNew entry-5--
MerseysideNew entry-5--
East MidlandsDown-204£85-79.26 %
ChesterNew entry-4£369-
StreetNew entry-4--
CheshireNew entry-4£369-
SomersetNew entry-4--
County AntrimDown-93£400+1.58 %
Northern IrelandDown-103£400+3.22 %
BelfastDown-123£400+1.58 %
BasildonUp+72£356-
EssexUp+52£356-

Investment Banking
Top 30 Related IT Skills

For the 6 months to 16 May 2012, 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.

15569 (100.00 %)Banking
22250 (40.40 %)Finance
31326 (23.81 %)SQL
4753 (13.52 %)Front Office
5727 (13.05 %)Java
6699 (12.55 %)Oracle
7695 (12.48 %)C#
8681 (12.23 %)Project Management
9581 (10.43 %)SQL Server
10579 (10.40 %)Foreign Exchange (FX)
11571 (10.25 %)Derivative
12570 (10.24 %)Business Analysis
13567 (10.18 %)UNIX
14560 (10.06 %).NET
15466 (8.368 %)Credit Risk
16420 (7.542 %)Windows
17407 (7.308 %)Fixed Income
18392 (7.039 %)MS Excel
19386 (6.931 %)Linux
20363 (6.518 %)Risk Management
21339 (6.087 %)Back Office
22335 (6.015 %)Stakeholder Management
23330 (5.926 %)Microsoft
24312 (5.602 %)Market Risk
25297 (5.333 %)C++
26291 (5.225 %)Equities
27290 (5.207 %)Degree
28284 (5.100 %)Agile Software Development
29277 (4.974 %)Multithreading
30269 (4.830 %)Sybase

Investment Banking
Top Related IT Skills by Category

For the 6 months to 16 May 2012, 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 Development CategoryApplication Development
1560 (10.06 %).NET
2218 (3.915 %)XML
3205 (3.681 %)Spring
4189 (3.394 %)WPF
5174 (3.124 %)ASP.NET
6153 (2.747 %)WCF
7148 (2.658 %)J2EE
8129 (2.316 %)Middleware
9122 (2.191 %)Hibernate
10113 (2.029 %)Web Services
11112 (2.011 %)JMS
1284 (1.508 %).NET Framework
1374 (1.329 %)Ajax
1467 (1.203 %)WinForms
1566 (1.185 %)Silverlight
1566 (1.185 %)jQuery
1566 (1.185 %)WebSphere
1660 (1.077 %)STL
1752 (0.934 %)HTML
1752 (0.934 %)J2SE
IT Contractor Job Market, Application Platforms CategoryApplication Platforms
1158 (2.837 %)SharePoint
258 (1.041 %)Rendezvous
356 (1.006 %)Tomcat
454 (0.970 %)WebLogic
551 (0.916 %)MS Exchange
648 (0.862 %)WebSphere MQ
746 (0.826 %)TIBCO EMS
746 (0.826 %)IIS
840 (0.718 %)Apache
938 (0.682 %)Exchange Server 2003
1032 (0.575 %)SAS
1131 (0.557 %)Lotus Notes
1228 (0.503 %)Oracle Coherence
1319 (0.341 %)Blackberry Enterprise Server
1417 (0.305 %)Exchange Server 2010
1417 (0.305 %)WebSphere Message Broker
1516 (0.287 %)SharePoint 2010
1615 (0.269 %)MQSeries
1712 (0.215 %)Lync
1811 (0.198 %)ESB
IT Contractor Job Market, Applications CategoryApplications
1392 (7.039 %)MS Excel
2185 (3.322 %)MS Office
3181 (3.250 %)MS PowerPoint
4149 (2.676 %)MS Visio
5136 (2.442 %)MS Project
643 (0.772 %)Spreadsheet
79 (0.162 %)Adobe Illustrator
85 (0.090 %)Photoshop
94 (0.072 %)Acrobat
103 (0.054 %)Mingle
112 (0.036 %)InfoPath
112 (0.036 %)Open Workbench
121 (0.018 %)DOC1
IT Contractor Job Market, Business Applications CategoryBusiness Applications
132 (0.575 %)Algo Collateral
226 (0.467 %)Dynamics CRM
318 (0.323 %)assyst
417 (0.305 %)RMDS
513 (0.233 %)Summit
612 (0.215 %)SunGard Stream Clearvision
710 (0.180 %)Kondor+
710 (0.180 %)Endur
710 (0.180 %)ION MarketView
710 (0.180 %)Rolfe and Nolan
710 (0.180 %)Temenos T24
89 (0.162 %)Oracle 11i
98 (0.144 %)Temenos Globus
98 (0.144 %)Oracle EBS
98 (0.144 %)Oracle Financials
98 (0.144 %)Oracle EBS R12
107 (0.126 %)SAP SRM
116 (0.108 %)Loan IQ
116 (0.108 %)BusinessWorks
125 (0.090 %)Hyperion Planning
IT Contractor Job Market, Communications & Networking CategoryCommunications & Networking
1100 (1.796 %)TCP/IP
1100 (1.796 %)Firewall
298 (1.760 %)SAN
367 (1.203 %)LAN
464 (1.149 %)WAN
563 (1.131 %)Internet
651 (0.916 %)LDAP
746 (0.826 %)DNS
834 (0.611 %)VPN
928 (0.503 %)Wireless
1027 (0.485 %)Intranet
1126 (0.467 %)Network Security
1224 (0.431 %)DHCP
1320 (0.359 %)VoIP
1320 (0.359 %)NAS
1419 (0.341 %)MPLS
1517 (0.305 %)SSL
1616 (0.287 %)OSPF
1616 (0.287 %)HTTP
1715 (0.269 %)Ethernet
IT Contractor Job Market, Database & Business Intelligence CategoryDatabase & Business Intelligence
1581 (10.43 %)SQL Server
2184 (3.304 %)SQL Server Integration Services
3183 (3.286 %)Data Warehouse
4165 (2.963 %)ETL
5150 (2.693 %)SQL Server Reporting Services
6146 (2.622 %)SQL Server 2008
788 (1.580 %)RDBMS
788 (1.580 %)SQL Server Analysis Services
886 (1.544 %)SQL Server 2005
982 (1.472 %)Oracle 11g
1062 (1.113 %)Oracle 10g
1062 (1.113 %)MS Access
1161 (1.095 %)OLAP
1248 (0.862 %)Microsoft Analysis Services
1347 (0.844 %)Oracle 8/8i
1442 (0.754 %)QlikView
1538 (0.682 %)SQL Server 2000
1637 (0.664 %)Sybase ASE
1735 (0.628 %)DB2
1735 (0.628 %)Oracle OLAP
IT Contractor Job Market, Development Applications CategoryDevelopment Applications
1108 (1.939 %)Maven
2100 (1.796 %)Subversion
384 (1.508 %)JUnit
466 (1.185 %)JIRA
466 (1.185 %)Visual Studio
558 (1.041 %)Ant
646 (0.826 %)TeamCity
745 (0.808 %)QuickTest Pro
838 (0.682 %)NUnit
838 (0.682 %)CruiseControl
930 (0.539 %)ClearCase
1024 (0.431 %)jMock
1024 (0.431 %)Selenium
1123 (0.413 %)RIATest
1220 (0.359 %)Eclipse
1318 (0.323 %)Hudson
1417 (0.305 %)FitNesse
1417 (0.305 %)FlexUnit
1417 (0.305 %)TestDirector
1516 (0.287 %)Introscope
IT Contractor Job Market, General CategoryGeneral
15569 (100.00 %)Banking
22250 (40.40 %)Finance
3753 (13.52 %)Front Office
4339 (6.087 %)Back Office
5222 (3.986 %)Financial Institution
6107 (1.921 %)Retail
798 (1.760 %)Legal
871 (1.275 %)General Ledger
963 (1.131 %)Retail Banking
1045 (0.808 %)Corporate Banking
1140 (0.718 %)Telecoms
1229 (0.521 %)Marketing
1327 (0.485 %)Private Banking
1417 (0.305 %)French Language
1512 (0.215 %)Wholesale Banking
1512 (0.215 %)International Banking
1512 (0.215 %)Billing
1512 (0.215 %)Publishing
168 (0.144 %)Games
175 (0.090 %)Japanese Language
IT Contractor Job Market, Job Titles CategoryJob Titles
11726 (30.99 %)Analyst
21553 (27.89 %)Developer
31129 (20.27 %)Business Analyst
4707 (12.70 %)Project Manager
5390 (7.003 %)Java Developer
6315 (5.656 %)C# Developer
7283 (5.082 %)Investment Banking Business Analyst
8238 (4.274 %)Banking Business Analyst
9211 (3.789 %)Architect
10184 (3.304 %)Senior Developer
11161 (2.891 %)Support Analyst
12146 (2.622 %)Senior Analyst
12146 (2.622 %)Test Analyst
13143 (2.568 %)SQL Developer
14139 (2.496 %)C++ Developer
15136 (2.442 %).NET Developer
16132 (2.370 %)Business Manager
17123 (2.209 %)Test Manager
18116 (2.083 %)Risk Analyst
19107 (1.921 %)DBA
IT Contractor Job Market, Miscellaneous CategoryMiscellaneous
1579 (10.40 %)Foreign Exchange (FX)
2571 (10.25 %)Derivative
3466 (8.368 %)Credit Risk
4407 (7.308 %)Fixed Income
5312 (5.602 %)Market Risk
6291 (5.225 %)Equities
7193 (3.466 %)Hedge funds
8112 (2.011 %)Reference Data
981 (1.454 %)Equity Derivative
1068 (1.221 %)Management Information System
1166 (1.185 %)PMI
1265 (1.167 %)Computer Science
1360 (1.077 %)RIA
1458 (1.041 %)Blackberry
1557 (1.024 %)Replication
1656 (1.006 %)Clustering
1755 (0.988 %)Interest Rate Derivative
1848 (0.862 %)N-Tier
1944 (0.790 %)Credit Derivative
2043 (0.772 %)SWIFT
IT Contractor Job Market, Operating Systems CategoryOperating Systems
1567 (10.18 %)UNIX
2420 (7.542 %)Windows
3386 (6.931 %)Linux
4196 (3.519 %)Solaris
569 (1.239 %)Windows XP
659 (1.059 %)Red Hat Enterprise Linux
756 (1.006 %)Windows Server 2003
855 (0.988 %)Windows 7
953 (0.952 %)Windows Server 2008
1023 (0.413 %)AIX
1121 (0.377 %)SUSE
1220 (0.359 %)Apple iOS
1315 (0.269 %)Windows 2000 Server
1315 (0.269 %)VMS
1411 (0.198 %)Android
159 (0.162 %)Windows NT
165 (0.090 %)OS/390
174 (0.072 %)Windows 2000
174 (0.072 %)Windows Vista
183 (0.054 %)zOS
IT Contractor Job Market, Processes & Methodologies CategoryProcesses & Methodologies
1681 (12.23 %)Project Management
2570 (10.24 %)Business Analysis
3363 (6.518 %)Risk Management
4335 (6.015 %)Stakeholder Management
5284 (5.100 %)Agile Software Development
6277 (4.974 %)Multithreading
7263 (4.723 %)User Acceptance Testing
8251 (4.507 %)TDD
9243 (4.363 %)PRINCE2
10235 (4.220 %)OO
11229 (4.112 %)Migration
12204 (3.663 %)ITIL
13196 (3.519 %)Change Management
14189 (3.394 %)Data Modelling
15184 (3.304 %)Data Analysis
16176 (3.160 %)Workflow
17167 (2.999 %)Asset Management
18162 (2.909 %)E-Commerce
19142 (2.550 %)Change Control
20134 (2.406 %)Business Intelligence
IT Contractor Job Market, Programming Languages CategoryProgramming Languages
11326 (23.81 %)SQL
2727 (13.05 %)Java
3695 (12.48 %)C#
4297 (5.333 %)C++
5240 (4.310 %)VBA
6159 (2.855 %)T-SQL
7155 (2.783 %)PL/SQL
8134 (2.406 %)Perl
9119 (2.137 %)Shell Script
10116 (2.083 %)JavaScript
11115 (2.065 %)Python
1285 (1.526 %)VB
1347 (0.844 %)C
1446 (0.826 %)VB.NET
1536 (0.646 %)PowerShell
1536 (0.646 %)VBScript
1634 (0.611 %)Korn
1722 (0.395 %)ActionScript
1818 (0.323 %)ActionScript 3.0
1916 (0.287 %)Scala
IT Contractor Job Market, Qualifications CategoryQualifications
1290 (5.207 %)Degree
2112 (2.011 %)PMI Certification
371 (1.275 %)PMP
459 (1.059 %)CIMA
552 (0.934 %)ISEB
644 (0.790 %)CISSP
741 (0.736 %)ACCA
829 (0.521 %)Six Sigma Black Belt
925 (0.449 %)ISEB Practitioner
1023 (0.413 %)Microsoft Certification
1122 (0.395 %)CISM
1122 (0.395 %)PRINCE2 Certification
1122 (0.395 %)Cisco Certification
1122 (0.395 %)Six Sigma Green Belt
1221 (0.377 %)MBA
1320 (0.359 %)MCSE
1418 (0.323 %)ITIL Certification
1517 (0.305 %)CISA
1613 (0.233 %)CAPM
1710 (0.180 %)PhD
IT Contractor Job Market, Quality Assurance & Compliance CategoryQuality Assurance & Compliance
1146 (2.622 %)QA
2111 (1.993 %)Basel II
3108 (1.939 %)Basel III
447 (0.844 %)SLA
542 (0.754 %)ISO 9001
630 (0.539 %)Data Quality
724 (0.431 %)MiFID
823 (0.413 %)Sarbanes-Oxley
921 (0.377 %)FATCA
1017 (0.305 %)COBIT
116 (0.108 %)EFQM
124 (0.072 %)Solvency II
124 (0.072 %)ISO/IEC 27001
132 (0.036 %)ISO/IEC 20000
141 (0.018 %)GAAP
IT Contractor Job Market, System Software CategorySystem Software
1153 (2.747 %)Active Directory
254 (0.970 %)VMware Infrastructure
327 (0.485 %)XenApp
421 (0.377 %)VMware ESX
518 (0.323 %)Oracle RMAN
518 (0.323 %)Oracle RAC
617 (0.305 %)vSphere
713 (0.233 %)Veritas Cluster Server
812 (0.215 %)XenDesktop
812 (0.215 %)Veritas Volume Manager
910 (0.180 %)NFS
910 (0.180 %)SRDF
108 (0.144 %)Sendmail
117 (0.126 %)OpenSSO
117 (0.126 %)Hyper-V
124 (0.072 %)Citrix Presentation Server
133 (0.054 %)Xen
133 (0.054 %)Terminal Server
133 (0.054 %)ISA Server
133 (0.054 %)VMware Workstation
IT Contractor Job Market, Systems Management CategorySystems Management
1101 (1.814 %)HP Quality Center
229 (0.521 %)Tivoli
325 (0.449 %)Control-M
421 (0.377 %)McAfee ePO
515 (0.269 %)Netcool
613 (0.233 %)Data Guard
613 (0.233 %)CA SiteMinder
712 (0.215 %)BMC PATROL
712 (0.215 %)BladeLogic
811 (0.198 %)SCCM
811 (0.198 %)NetBackup
910 (0.180 %)Foglight
910 (0.180 %)Legato
109 (0.162 %)Systems Management Server (SMS)
109 (0.162 %)WMI
117 (0.126 %)EMC NetWorker
126 (0.108 %)Unicenter
135 (0.090 %)SCOM
135 (0.090 %)Tivoli Storage Manager
135 (0.090 %)Nagios
IT Contractor Job Market, Vendors CategoryVendors
1699 (12.55 %)Oracle
2330 (5.926 %)Microsoft
3269 (4.830 %)Sybase
4128 (2.298 %)TIBCO
5116 (2.083 %)IBM
6111 (1.993 %)HP
796 (1.724 %)Bloomberg
892 (1.652 %)Reuters
989 (1.598 %)Business Objects
1086 (1.544 %)Murex
1180 (1.437 %)VMware
1279 (1.419 %)Red Hat
1374 (1.329 %)Cisco
1471 (1.275 %)Citrix
1549 (0.880 %)Veritas
1648 (0.862 %)Informatica
1746 (0.826 %)Remedy
1845 (0.808 %)Sun
1942 (0.754 %)EMC
2034 (0.611 %)CheckPoint