Period
to 20 November 2017

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 20 November 2017 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
Central London > City of London
6 months to
20 Nov 2017
Same period 2016 Same period 2015
Rank 24 38 19
Rank change year-on-year +14 -19 -1
Contract jobs citing Investment Banking 525 378 764
As % of all contract IT jobs advertised in the City of London 7.41% 5.73% 8.36%
As % of the General category 13.32% 10.84% 15.50%
Number of daily rates quoted 441 339 652
City of London median daily rate £575 £588 £550
Median daily rate % change year-on-year -2.13% +6.82% +4.76%
10th Percentile £400 £425 £387
90th Percentile £738 £738 £675
Central London median daily rate £575 £575 £550
% change year-on-year - +4.55% +4.76%
Number of hourly rates quoted 3 0 0
City of London median hourly rate £15.00 - -
Central London median hourly rate £15.00 - -

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 the City of London with a requirement for common skills.

All General Skills
City of London
Contract vacancies with a requirement for common skills 3942 3486 4930
As % of all contract IT jobs advertised in the City of London 55.62% 52.86% 53.93%
Number of daily rates quoted 3171 2812 3837
City of London median daily rate £525 £500 £488
Median daily rate % change year-on-year +5.00% +2.56% +5.41%
10th Percentile £325 £313 £300
90th Percentile £700 £675 £675
Central London median daily rate £525 £488 £475
% change year-on-year +7.69% +2.63% +5.56%
Number of hourly rates quoted 38 19 50
City of London median hourly rate £21.25 £20.00 £20.75
Median hourly rate % change year-on-year +6.25% -3.61% +6.41%
10th Percentile £12.86 £11.20 £12.00
90th Percentile £36.95 £49.17 £48.97
Central London median hourly rate £20.88 £20.00 £21.00
% change year-on-year +4.38% -4.76% +5.00%

Investment Banking
Job Vacancy Trend in the City of London

Job postings citing Investment Banking as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Investment Banking in the City of London

Investment Banking
Contractor Daily Rate Trend in the City of London

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

Contractor daily rate trend for Investment Banking in the City of London

Investment Banking
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Investment Banking in the City of London over the 6 months to 20 November 2017.

Contractor daily rate histogram for Investment Banking in the City of London

Investment Banking
Contractor Hourly Rate Trend in the City of London

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

Contractor hourly rate trend for Investment Banking in the City of London

For the 6 months to 20 November 2017, IT contractor jobs citing Investment Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Investment Banking.

1 525 (100.00%) Banking
2 266 (50.67%) Finance
3 185 (35.24%) Agile Software Development
4 176 (33.52%) Java
5 125 (23.81%) Front Office
6 97 (18.48%) SQL
7 77 (14.67%) TDD
8 69 (13.14%) Derivative
9 59 (11.24%) DevOps
10 56 (10.67%) Unix
11 55 (10.48%) Python
12 53 (10.10%) Test Automation
13 51 (9.71%) Equities
13 51 (9.71%) JIRA
14 50 (9.52%) Foreign Exchange (FX)
15 48 (9.14%) JavaScript
15 48 (9.14%) Fixed Income
15 48 (9.14%) Multithreading
15 48 (9.14%) Electronic Trading
16 47 (8.95%) Oracle
17 46 (8.76%) Low Latency
17 46 (8.76%) SDLC
18 45 (8.57%) C#
18 45 (8.57%) MiFID
19 43 (8.19%) Project Management
20 42 (8.00%) Stakeholder Management
20 42 (8.00%) Financial Institution
21 39 (7.43%) Risk Management
21 39 (7.43%) SQL Server
21 39 (7.43%) Linux

Investment Banking
Co-occurring IT Skills in the City of 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 18 (3.43%) Apache
2 17 (3.24%) Apache Spark
3 10 (1.90%) Confluence
4 5 (0.95%) Apache Pig
4 5 (0.95%) Mule
5 4 (0.76%) Exchange Server 2007
5 4 (0.76%) MQSeries
5 4 (0.76%) MS Exchange
5 4 (0.76%) Oracle Coherence
5 4 (0.76%) WebSphere
6 3 (0.57%) Cloud Foundry
7 2 (0.38%) Blackberry Enterprise Server
7 2 (0.38%) IIS
7 2 (0.38%) SharePoint
7 2 (0.38%) Skype for Business
7 2 (0.38%) Umbraco
8 1 (0.19%) CMS
8 1 (0.19%) JBoss
8 1 (0.19%) SAS
8 1 (0.19%) WebLogic
Applications
1 26 (4.95%) Microsoft Excel
2 20 (3.81%) Microsoft Office
3 9 (1.71%) Microsoft PowerPoint
4 5 (0.95%) MS Visio
5 4 (0.76%) Spreadsheet
Business Applications
1 4 (0.76%) RMDS
1 4 (0.76%) Salesforce.com CRM
2 3 (0.57%) ION MarketView
2 3 (0.57%) Markit EDM
3 2 (0.38%) BusinessWorks
3 2 (0.38%) Kondor
3 2 (0.38%) Orchestrade
3 2 (0.38%) thinkFolio
4 1 (0.19%) Dynamics AX
4 1 (0.19%) Dynamics CRM
4 1 (0.19%) HFM
4 1 (0.19%) Hyperion Planning
4 1 (0.19%) IntelliMatch
4 1 (0.19%) LatentZero
4 1 (0.19%) SunGard GMI
Cloud Services
1 8 (1.52%) GitHub
2 7 (1.33%) Amazon AWS
2 7 (1.33%) Office 365
3 6 (1.14%) Microsoft Azure
4 5 (0.95%) npm
5 2 (0.38%) Azure Active Directory
5 2 (0.38%) BrowserStack
5 2 (0.38%) Cloud Computing
5 2 (0.38%) Google Cloud Platform
5 2 (0.38%) Sauce Labs
6 1 (0.19%) Cortana Intelligence Suite
6 1 (0.19%) IaaS
6 1 (0.19%) PaaS
6 1 (0.19%) SaaS
Communications & Networking
1 8 (1.52%) LAN
2 7 (1.33%) FIX Connectivity
2 7 (1.33%) Internet
2 7 (1.33%) Network Security
2 7 (1.33%) WAN
3 4 (0.76%) Firewall
4 3 (0.57%) SAN
4 3 (0.57%) Structured Cabling
4 3 (0.57%) Wi-Fi
5 2 (0.38%) Cisco IOS
5 2 (0.38%) DNS
5 2 (0.38%) NetScaler
5 2 (0.38%) Skype
5 2 (0.38%) TCP/IP
5 2 (0.38%) Telepresence
5 2 (0.38%) Unified Communications
5 2 (0.38%) VLAN
5 2 (0.38%) VSAN
6 1 (0.19%) Intrusion Detection
6 1 (0.19%) SMS
Database & Business Intelligence
1 39 (7.43%) SQL Server
2 31 (5.90%) Big Data
3 29 (5.52%) Hadoop
4 26 (4.95%) MongoDB
5 17 (3.24%) Relational Database
6 12 (2.29%) NoSQL
7 11 (2.10%) Flink
7 11 (2.10%) Oracle Database
8 10 (1.90%) Data Mining
9 9 (1.71%) RDBMS
9 9 (1.71%) SQL Server 2008
9 9 (1.71%) SQL Server Integration Services
10 5 (0.95%) Apache Hive
10 5 (0.95%) KDB
10 5 (0.95%) MS Access
10 5 (0.95%) SQL Server Reporting Services
11 4 (0.76%) Data Warehouse
11 4 (0.76%) HBase
11 4 (0.76%) Oracle BI EE
11 4 (0.76%) Oracle Database 11g
Development Applications
1 51 (9.71%) JIRA
2 39 (7.43%) Git (software)
3 38 (7.24%) Jenkins
4 37 (7.05%) TeamCity
5 21 (4.00%) Maven
6 19 (3.62%) Cucumber
7 16 (3.05%) Subversion
8 15 (2.86%) Selenium
9 8 (1.52%) Appium
10 6 (1.14%) WebDriver
11 5 (0.95%) JBehave
12 4 (0.76%) Ant
12 4 (0.76%) Gradle
12 4 (0.76%) Sonatype Nexus
12 4 (0.76%) Visual Studio
13 3 (0.57%) Bitbucket
13 3 (0.57%) ERwin
13 3 (0.57%) JMeter
13 3 (0.57%) Liquibase
13 3 (0.57%) Team Foundation Server
General
1 525 (100.00%) Banking
2 266 (50.67%) Finance
3 125 (23.81%) Front Office
4 42 (8.00%) Financial Institution
5 20 (3.81%) Back Office
6 11 (2.10%) Billing
7 8 (1.52%) Legal
8 6 (1.14%) Retail Banking
9 5 (0.95%) Telecoms
10 3 (0.57%) Advertising
11 2 (0.38%) Retail
11 2 (0.38%) Wholesale Banking
12 1 (0.19%) Corporate Banking
12 1 (0.19%) French Language
12 1 (0.19%) German Language
12 1 (0.19%) International Banking
12 1 (0.19%) Law
12 1 (0.19%) Marketing
Job Titles
1 215 (40.95%) Developer
2 130 (24.76%) Analyst
3 93 (17.71%) Java Developer
4 81 (15.43%) Business Analyst
5 48 (9.14%) Senior Developer
6 35 (6.67%) Project Manager
7 30 (5.71%) C# Developer
8 26 (4.95%) Python Developer
8 26 (4.95%) Scala Developer
9 23 (4.38%) Front Office Developer
10 22 (4.19%) Banking Analyst
10 22 (4.19%) Java Engineer
11 19 (3.62%) .NET Developer
12 18 (3.43%) IT Analyst
12 18 (3.43%) IT Business Analyst
13 17 (3.24%) Business IT Analyst
14 16 (3.05%) Full Stack Developer
14 16 (3.05%) Senior Java Developer
15 15 (2.86%) Investment Banking Java Developer
15 15 (2.86%) Senior Scala Developer
Libraries, Frameworks & Software Standards
1 37 (7.05%) Spring
2 36 (6.86%) HTML
3 32 (6.10%) .NET
4 29 (5.52%) AngularJS
5 27 (5.14%) FIX Protocol
6 24 (4.57%) HTML5
7 19 (3.62%) Node.js
8 17 (3.24%) Web Services
9 15 (2.86%) Middleware
10 14 (2.67%) XML
11 13 (2.48%) React
11 13 (2.48%) REST
12 12 (2.29%) Hibernate
13 11 (2.10%) .NET Framework
13 11 (2.10%) Redux
14 10 (1.90%) CSS
15 9 (1.71%) Akka
15 9 (1.71%) ASP.NET
15 9 (1.71%) Gherkin
15 9 (1.71%) JMS
Miscellaneous
1 69 (13.14%) Derivative
2 51 (9.71%) Equities
3 50 (9.52%) Foreign Exchange (FX)
4 48 (9.14%) Fixed Income
5 35 (6.67%) Hedge funds
6 30 (5.71%) Virtual Team
7 25 (4.76%) Analytical Skills
7 25 (4.76%) Equity Derivative
8 20 (3.81%) Reference Data
9 16 (3.05%) Credit Risk
10 13 (2.48%) Greenfield Project
11 12 (2.29%) Market Risk
11 12 (2.29%) SWIFT
12 11 (2.10%) OTC Derivatives
13 10 (1.90%) Data Centre
13 10 (1.90%) Robotics
14 9 (1.71%) Algorithms
15 8 (1.52%) User Experience
16 7 (1.33%) Computer Science
17 6 (1.14%) Mobile App
Operating Systems
1 56 (10.67%) Unix
2 39 (7.43%) Linux
3 32 (6.10%) Windows
4 12 (2.29%) Solaris
5 7 (1.33%) Windows Server
6 6 (1.14%) Android
6 6 (1.14%) Apple iOS
6 6 (1.14%) Red Hat Enterprise Linux
6 6 (1.14%) Windows 10
6 6 (1.14%) Windows Server 2012
7 3 (0.57%) Windows Server 2008
8 2 (0.38%) AIX
9 1 (0.19%) SUSE
9 1 (0.19%) SUSE Linux Enterprise Server
9 1 (0.19%) Windows 7
9 1 (0.19%) Windows 8
Processes & Methodologies
1 185 (35.24%) Agile Software Development
2 77 (14.67%) TDD
3 59 (11.24%) DevOps
4 53 (10.10%) Test Automation
5 48 (9.14%) Electronic Trading
5 48 (9.14%) Multithreading
6 46 (8.76%) Low Latency
6 46 (8.76%) SDLC
7 43 (8.19%) Project Management
8 42 (8.00%) Stakeholder Management
9 39 (7.43%) Risk Management
10 37 (7.05%) Business Analysis
11 36 (6.86%) Migration
12 33 (6.29%) BDD
13 32 (6.10%) Asset Management
14 30 (5.71%) Data Analysis
15 26 (4.95%) Data Modelling
15 26 (4.95%) Scrum
16 24 (4.57%) AOP
16 24 (4.57%) Waterfall
Programming Languages
1 176 (33.52%) Java
2 97 (18.48%) SQL
3 55 (10.48%) Python
4 48 (9.14%) JavaScript
5 45 (8.57%) C#
6 32 (6.10%) Scala
7 31 (5.90%) C++
8 21 (4.00%) VBA
9 13 (2.48%) Bash Shell
9 13 (2.48%) Perl
9 13 (2.48%) Shell Script
10 8 (1.52%) Apex Code
10 8 (1.52%) T-SQL
10 8 (1.52%) TypeScript
11 6 (1.14%) C
11 6 (1.14%) VB
12 5 (0.95%) Korn
12 5 (0.95%) PL/SQL
12 5 (0.95%) PowerShell
12 5 (0.95%) VB.NET
Qualifications
1 9 (1.71%) Degree
2 5 (0.95%) Security Cleared
3 4 (0.76%) PRINCE2 Certification
3 4 (0.76%) SC Cleared
4 3 (0.57%) APMP
4 3 (0.57%) CCNA
4 3 (0.57%) CCNP
4 3 (0.57%) Cisco Certification
4 3 (0.57%) Computer Science Degree
4 3 (0.57%) PMI Certification
5 2 (0.38%) ISEB
5 2 (0.38%) Master's Degree
5 2 (0.38%) MCSE
5 2 (0.38%) Microsoft Certification
5 2 (0.38%) PhD
5 2 (0.38%) PMP
5 2 (0.38%) PRINCE2 Practitioner
6 1 (0.19%) ACCA
6 1 (0.19%) CCIE
6 1 (0.19%) CIMA
Quality Assurance & Compliance
1 45 (8.57%) MiFID
2 28 (5.33%) QA
3 12 (2.29%) EMIR
4 9 (1.71%) Dodd-Frank
4 9 (1.71%) SLA
5 8 (1.52%) PMO
6 7 (1.33%) GDPR
6 7 (1.33%) SEPA
7 6 (1.14%) FINREP
8 5 (0.95%) COREP
9 2 (0.38%) Data Quality
10 1 (0.19%) COBIT
10 1 (0.19%) IFRS
10 1 (0.19%) ISO 9001
10 1 (0.19%) ISO/IEC 27001
10 1 (0.19%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
10 1 (0.19%) ISO/IEC 27005
System Software
1 11 (2.10%) Active Directory
2 9 (1.71%) Docker
3 4 (0.76%) XenApp
4 3 (0.57%) VMware ESXi
5 2 (0.38%) Apache ZooKeeper
5 2 (0.38%) Microsoft App-V
5 2 (0.38%) VMware Infrastructure
6 1 (0.19%) DFS Replication
6 1 (0.19%) Hyper-V
6 1 (0.19%) Platform Symphony
6 1 (0.19%) Virtual Machines
6 1 (0.19%) vSphere
6 1 (0.19%) XenServer
Systems Management
1 8 (1.52%) HP Quality Center
1 8 (1.52%) Puppet
2 6 (1.14%) Opscode Chef
3 5 (0.95%) Ansible
4 4 (0.76%) Cisco CUCM
5 3 (0.57%) Docker Swarm
5 3 (0.57%) Kubernetes
5 3 (0.57%) SCCM
5 3 (0.57%) Thomson Reuters DACS
6 2 (0.38%) Cisco UCCE
6 2 (0.38%) Cisco UCCX
6 2 (0.38%) ITRS Geneos
7 1 (0.19%) AirWatch
7 1 (0.19%) AppManager
7 1 (0.19%) EMC NetWorker
7 1 (0.19%) McAfee ePO
7 1 (0.19%) Microsoft Intune
7 1 (0.19%) MOM
7 1 (0.19%) Norton AntiVirus
7 1 (0.19%) vCenter Server
Vendors
1 47 (8.95%) Oracle
2 29 (5.52%) Microsoft
3 23 (4.38%) Salesforce.com
4 15 (2.86%) Sybase
5 10 (1.90%) Bloomberg
5 10 (1.90%) Citrix
5 10 (1.90%) ION Trading
5 10 (1.90%) VMware
6 9 (1.71%) Reuters
6 9 (1.71%) TIBCO
7 8 (1.52%) Cisco
8 7 (1.33%) IBM
8 7 (1.33%) Murex
8 7 (1.33%) Remedy
9 6 (1.14%) Avaya
9 6 (1.14%) Charles River
9 6 (1.14%) Red Hat
10 5 (0.95%) BT
10 5 (0.95%) Google
10 5 (0.95%) Informatica