Period
to 18 September 2020

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in Central London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 18 September 2020 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Investment Banking
London > Central London
6 months to
18 Sep 2020
Same period 2019 Same period 2018
Rank 49 106 94
Rank change year-on-year +57 -12 -67
Contract jobs citing Investment Banking 84 182 248
As % of all contract jobs advertised in Central London 4.12% 2.27% 2.72%
As % of the General category 8.08% 4.89% 5.30%
Number of daily rates quoted 69 147 210
Median daily rate £538 £525 £575
Median daily rate % change year-on-year +2.38% -8.70% -
10th Percentile £413 £350 £424
90th Percentile £695 £750 £726
London median daily rate £625 £600 £600
% change year-on-year +4.17% - +4.35%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
London median hourly rate £35.00 £16.50 £15.00
% change year-on-year +112.12% +10.00% -

Investment Banking is in the General Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in Central London with a requirement for common skills.

All General Skills
Central London
Contract vacancies with a requirement for common skills 1,040 3,720 4,682
As % of all contract IT jobs advertised in Central London 51.01% 46.33% 51.28%
Number of daily rates quoted 705 2,799 3,513
Median daily rate £515 £513 £525
Median daily rate % change year-on-year +0.49% -2.38% +5.00%
10th Percentile £313 £325 £313
90th Percentile £700 £688 £688
London median daily rate £525 £525 £525
Number of hourly rates quoted 25 35 77
Median hourly rate £35.00 £21.00 £19.00
Median hourly rate % change year-on-year +66.67% +10.53% -8.77%
10th Percentile £13.66 £11.25 £13.14
90th Percentile £61.55 £45.75 £35.09
Median hourly rate £35.00 £22.00 £22.97
% change year-on-year +59.09% -4.20% +4.39%

Investment Banking
Job Vacancy Trend in Central London

Job postings citing Investment Banking as a proportion of all IT jobs advertised in Central London.

Job vacancy trend for Investment Banking in Central London

Investment Banking
Contractor Daily Rate Trend in Central London

3-month moving average daily rate quoted in jobs citing Investment Banking in Central London.

Daily rate trend for Investment Banking in Central London

Investment Banking
Daily Rate Histogram in Central London

Daily rate distribution for jobs citing Investment Banking in Central London over the 6 months to 18 September 2020.

Daily rate histogram for Investment Banking in Central London

Investment Banking
Contractor Hourly Rate Trend in Central London

3-month moving average hourly rates quoted in jobs citing Investment Banking in Central London.

Hourly rate trend for Investment Banking in Central London

Investment Banking
Contract Job Locations in Central London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Investment Banking within the Central London region over the 6 months to 18 September 2020. 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
Job
Vacancies
City of London +44 82 £533 +1.52% 14
Investment Banking
London

For the 6 months to 18 September 2020, IT contractor jobs citing Investment Banking also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the Central London region with a requirement for Investment Banking.

1 84 (100.00%) Banking
2 32 (38.10%) Finance
3 31 (36.90%) Front Office
4 30 (35.71%) Java
5 21 (25.00%) Agile Software Development
6 20 (23.81%) TDD
7 14 (16.67%) Scrum
8 13 (15.48%) Windows
8 13 (15.48%) Linux
8 13 (15.48%) Python
9 12 (14.29%) SQL
10 11 (13.10%) Degree
10 11 (13.10%) Mathematics
10 11 (13.10%) Scala
10 11 (13.10%) BDD
11 10 (11.90%) Unix
11 10 (11.90%) Low Latency
11 10 (11.90%) Apache Spark
12 9 (10.71%) Active Directory
12 9 (10.71%) Fixed Income
12 9 (10.71%) Multithreading
12 9 (10.71%) Computer Science
12 9 (10.71%) Economics
12 9 (10.71%) Business Analysis
13 8 (9.52%) Hadoop
13 8 (9.52%) Microsoft
13 8 (9.52%) C++
13 8 (9.52%) GCP
13 8 (9.52%) Numerate Degree
13 8 (9.52%) Greenfield Project

Investment Banking
Co-occurring IT Skills in Central London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 10 (11.90%) Apache Spark
2 3 (3.57%) Confluence
3 2 (2.38%) Elasticsearch
3 2 (2.38%) IBM HTTP Server
3 2 (2.38%) JBoss
3 2 (2.38%) Red Hat Fuse
3 2 (2.38%) SharePoint
4 1 (1.19%) SharePoint 2010
4 1 (1.19%) Tornado
Applications
1 2 (2.38%) Sketch
2 1 (1.19%) Microsoft Excel
2 1 (1.19%) Microsoft Office
2 1 (1.19%) Microsoft PowerPoint
2 1 (1.19%) MS Visio
Business Applications
1 1 (1.19%) Refinitiv Enterprise Platform
Cloud Services
1 8 (9.52%) GCP
2 7 (8.33%) Azure
3 5 (5.95%) AWS
3 5 (5.95%) Cloud Computing
4 4 (4.76%) IaaS
4 4 (4.76%) PaaS
4 4 (4.76%) SaaS
5 3 (3.57%) GitHub
6 2 (2.38%) SuccessFactors
7 1 (1.19%) IBM Cloud
7 1 (1.19%) npm
7 1 (1.19%) Office 365
7 1 (1.19%) Yarn
Communications & Networking
1 4 (4.76%) Internet
1 4 (4.76%) Kerberos
1 4 (4.76%) Multicast
1 4 (4.76%) TCP/IP
2 2 (2.38%) AMQP
3 1 (1.19%) BGP
3 1 (1.19%) Firewall
3 1 (1.19%) FIX Connectivity
3 1 (1.19%) HTTP
3 1 (1.19%) OSPF
3 1 (1.19%) PuTTY
3 1 (1.19%) VPN
Database & Business Intelligence
1 8 (9.52%) Hadoop
2 6 (7.14%) MongoDB
3 5 (5.95%) SQL Server
4 3 (3.57%) Big Data
4 3 (3.57%) NoSQL
4 3 (3.57%) Relational Database
5 2 (2.38%) Apache Hive
5 2 (2.38%) Data Warehouse
5 2 (2.38%) Flink
5 2 (2.38%) MySQL
5 2 (2.38%) Qlik Sense
5 2 (2.38%) SQL Server Integration Services
5 2 (2.38%) SQL Server Reporting Services
6 1 (1.19%) Couchbase
6 1 (1.19%) Data Mining
6 1 (1.19%) OLAP
6 1 (1.19%) PostgreSQL
6 1 (1.19%) QlikView
6 1 (1.19%) SQL Server Analysis Services
6 1 (1.19%) SQLite
Development Applications
1 7 (8.33%) JIRA
2 5 (5.95%) Subversion
3 4 (4.76%) Git (software)
4 3 (3.57%) GCC
4 3 (3.57%) GDB
4 3 (3.57%) Hudson
4 3 (3.57%) Jenkins
4 3 (3.57%) JUnit
5 2 (2.38%) Atlassian Bamboo
5 2 (2.38%) FishEye
5 2 (2.38%) jMock
5 2 (2.38%) Maven
6 1 (1.19%) Cucumber
6 1 (1.19%) GitLab
6 1 (1.19%) Gradle
6 1 (1.19%) Octopus Deploy
6 1 (1.19%) PowerBuilder
6 1 (1.19%) ProC
6 1 (1.19%) RStudio
6 1 (1.19%) TeamCity
General
1 84 (100.00%) Banking
2 32 (38.10%) Finance
3 31 (36.90%) Front Office
4 7 (8.33%) Retail
5 3 (3.57%) Back Office
5 3 (3.57%) International Banking
6 2 (2.38%) Advertising
6 2 (2.38%) Financial Institution
6 2 (2.38%) Legal
6 2 (2.38%) Telecoms
7 1 (1.19%) French Language
Job Titles
1 40 (47.62%) Developer
2 19 (22.62%) Java Developer
3 16 (19.05%) Analyst
4 8 (9.52%) Agile Developer
4 8 (9.52%) Agile Java Developer
4 8 (9.52%) Business Analyst
4 8 (9.52%) Low Latency Java Developer
5 5 (5.95%) Front Office Developer
6 4 (4.76%) C++ Developer
6 4 (4.76%) Data Analyst
7 3 (3.57%) Algorithmic Trading Developer
7 3 (3.57%) Architect
7 3 (3.57%) C++ Pricing Developer
7 3 (3.57%) Java Developer - Algorithmic Trading
7 3 (3.57%) Pricing Developer
7 3 (3.57%) Quantitative Developer
7 3 (3.57%) Virtualisation Engineer
8 2 (2.38%) Angular Developer
8 2 (2.38%) IT Analyst
8 2 (2.38%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 7 (8.33%) Spring
2 5 (5.95%) .NET
2 5 (5.95%) REST
3 4 (4.76%) AngularJS
3 4 (4.76%) LDAP
3 4 (4.76%) React
3 4 (4.76%) Web Services
3 4 (4.76%) XML
4 3 (3.57%) Boost C++ Libraries
4 3 (3.57%) CSS
4 3 (3.57%) HTML
4 3 (3.57%) HTML5
4 3 (3.57%) STL
5 2 (2.38%) Java EE
5 2 (2.38%) JMS
5 2 (2.38%) JTA
5 2 (2.38%) MSMQ
5 2 (2.38%) Murex MxML
5 2 (2.38%) WCF
5 2 (2.38%) XSLT
Miscellaneous
1 9 (10.71%) Fixed Income
2 8 (9.52%) Greenfield Project
3 7 (8.33%) Foreign Exchange (FX)
4 5 (5.95%) Credit Risk
5 4 (4.76%) Clustering
5 4 (4.76%) Derivative
6 3 (3.57%) Market Risk
7 2 (2.38%) Analytical Skills
7 2 (2.38%) Equities
7 2 (2.38%) Hedge funds
7 2 (2.38%) User Experience
8 1 (1.19%) Cyberthreat
8 1 (1.19%) Equity Derivative
8 1 (1.19%) Grid Computing
8 1 (1.19%) Mainframe
8 1 (1.19%) Management Information System
8 1 (1.19%) OTC Derivatives
8 1 (1.19%) PKI
8 1 (1.19%) Virtual Team
Operating Systems
1 13 (15.48%) Linux
1 13 (15.48%) Windows
2 10 (11.90%) Unix
3 5 (5.95%) Windows Server
3 5 (5.95%) Windows Server 2019
4 4 (4.76%) Windows Server 2008
4 4 (4.76%) Windows Server 2012
4 4 (4.76%) Windows Server 2016
5 2 (2.38%) Windows 10
6 1 (1.19%) Red Hat Enterprise Linux
Processes & Methodologies
1 21 (25.00%) Agile Software Development
2 20 (23.81%) TDD
3 14 (16.67%) Scrum
4 11 (13.10%) BDD
4 11 (13.10%) Mathematics
5 10 (11.90%) Low Latency
6 9 (10.71%) Business Analysis
6 9 (10.71%) Computer Science
6 9 (10.71%) Economics
6 9 (10.71%) Multithreading
7 7 (8.33%) Analytics
7 7 (8.33%) DevOps
7 7 (8.33%) Problem-Solving
8 6 (7.14%) Stakeholder Management
8 6 (7.14%) User Acceptance Testing
9 5 (5.95%) Cybersecurity
9 5 (5.95%) Garbage Collection
9 5 (5.95%) Microservices
9 5 (5.95%) Migration
10 4 (4.76%) High Availability
Programming Languages
1 30 (35.71%) Java
2 13 (15.48%) Python
3 12 (14.29%) SQL
4 11 (13.10%) Scala
5 8 (9.52%) C++
6 7 (8.33%) C#
7 6 (7.14%) JavaScript
8 4 (4.76%) TypeScript
9 2 (2.38%) Bash Shell
9 2 (2.38%) Korn
9 2 (2.38%) Perl
10 1 (1.19%) C
10 1 (1.19%) Groovy
10 1 (1.19%) Java 8
10 1 (1.19%) PL/SQL
10 1 (1.19%) PowerShell
10 1 (1.19%) T-SQL
Qualifications
1 11 (13.10%) Degree
2 8 (9.52%) Numerate Degree
3 1 (1.19%) CCIE
3 1 (1.19%) Cisco Certification
3 1 (1.19%) Computer Science Degree
3 1 (1.19%) ITIL Foundation Certificate
3 1 (1.19%) PMI Certification
3 1 (1.19%) PMP
3 1 (1.19%) SC Cleared
3 1 (1.19%) Security Cleared
Quality Assurance & Compliance
1 4 (4.76%) QA
2 1 (1.19%) Data Quality
2 1 (1.19%) SLA
System Software
1 9 (10.71%) Active Directory
2 6 (7.14%) VMware Infrastructure
3 4 (4.76%) Docker
3 4 (4.76%) VMware ESXi
4 1 (1.19%) Virtual Desktop
Systems Management
1 6 (7.14%) Kubernetes
2 4 (4.76%) Ansible
2 4 (4.76%) Microsoft Clustering
2 4 (4.76%) Terraform
3 3 (3.57%) Opscode Chef
3 3 (3.57%) Puppet
4 1 (1.19%) SCCM
Vendors
1 8 (9.52%) Microsoft
2 6 (7.14%) Oracle
2 6 (7.14%) VMware
3 5 (5.95%) Splunk
4 4 (4.76%) Murex
4 4 (4.76%) Sybase
5 3 (3.57%) Red Hat
5 3 (3.57%) SaltStack
6 2 (2.38%) Atlassian
6 2 (2.38%) Bloomberg
6 2 (2.38%) CA Agile Central
6 2 (2.38%) FireEye
6 2 (2.38%) Reuters
6 2 (2.38%) SAP
7 1 (1.19%) Blue Coat
7 1 (1.19%) Clearswift
7 1 (1.19%) Google
7 1 (1.19%) Hitachi
7 1 (1.19%) NetApp
7 1 (1.19%) Qualys