Period
to 18 October 2018

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 18 October 2018 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
18 Oct 2018
Same period 2017 Same period 2016
Rank 79 23 40
Rank change year-on-year -56 +17 -19
Contract jobs citing Investment Banking 229 543 349
As % of all contract IT jobs advertised in the City of London 3.27% 7.92% 5.22%
As % of the General category 6.36% 14.09% 9.85%
Number of daily rates quoted 190 458 316
City of London median daily rate £588 £598 £588
Median daily rate % change year-on-year -1.67% +1.70% +6.82%
10th Percentile £424 £400 £419
90th Percentile £750 £738 £738
Central London median daily rate £590 £588 £575
% change year-on-year +0.43% +2.17% +4.55%
Number of hourly rates quoted 0 3 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 3,602 3,855 3,542
As % of all contract IT jobs advertised in the City of London 51.38% 56.24% 53.02%
Number of daily rates quoted 2,789 3,105 2,891
City of London median daily rate £525 £525 £488
Median daily rate % change year-on-year - +7.69% -
10th Percentile £313 £325 £313
90th Percentile £688 £700 £675
Central London median daily rate £525 £513 £475
% change year-on-year +2.44% +7.89% -
Number of hourly rates quoted 50 32 25
City of London median hourly rate £18.70 £20.50 £20.00
Median hourly rate % change year-on-year -8.78% +2.50% -5.88%
10th Percentile £13.00 £12.57 £11.25
90th Percentile £28.58 £33.25 £56.12
Central London median hourly rate £18.70 £20.50 £20.00
% change year-on-year -8.78% +2.50% -5.99%

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 18 October 2018.

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 18 October 2018, 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 City of London region with a requirement for Investment Banking.

1 229 (100.00%) Banking
2 102 (44.54%) Finance
3 92 (40.17%) Java
4 81 (35.37%) Agile Software Development
5 80 (34.93%) Front Office
6 54 (23.58%) JavaScript
7 47 (20.52%) SQL
8 44 (19.21%) AngularJS
9 43 (18.78%) Multithreading
9 43 (18.78%) C#
10 41 (17.90%) Spring
11 40 (17.47%) Unix
12 37 (16.16%) .NET
13 36 (15.72%) Electronic Trading
13 36 (15.72%) Node.js
14 34 (14.85%) REST
15 33 (14.41%) Relational Database
15 33 (14.41%) Hibernate
16 32 (13.97%) SQL Server
17 31 (13.54%) React
17 31 (13.54%) Fixed Income
18 30 (13.10%) Low Latency
19 28 (12.23%) TDD
20 25 (10.92%) Scrum
21 24 (10.48%) Python
21 24 (10.48%) Foreign Exchange (FX)
22 23 (10.04%) Twitter Bootstrap
23 22 (9.61%) BDD
24 21 (9.17%) RDBMS
24 21 (9.17%) 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 6 (2.62%) Confluence
2 4 (1.75%) JBoss
3 3 (1.31%) Mule
4 2 (0.87%) Apache
4 2 (0.87%) Apache Spark
4 2 (0.87%) Oracle SOA Suite
4 2 (0.87%) SharePoint
4 2 (0.87%) Skype for Business
4 2 (0.87%) Tomcat
5 1 (0.44%) Blackberry Enterprise Server
5 1 (0.44%) Elasticsearch
5 1 (0.44%) IIS
5 1 (0.44%) MS Exchange
5 1 (0.44%) Oracle Coherence
5 1 (0.44%) SharePoint 2013
5 1 (0.44%) WebLogic
Applications
1 13 (5.68%) Microsoft Excel
2 5 (2.18%) Microsoft Office
2 5 (2.18%) Microsoft PowerPoint
3 2 (0.87%) MS Visio
4 1 (0.44%) InVision
4 1 (0.44%) Microsoft Project
4 1 (0.44%) Photoshop
4 1 (0.44%) Spreadsheet
4 1 (0.44%) UXPin
Business Applications
1 4 (1.75%) Salesforce.com CRM
2 3 (1.31%) ION MarketView
3 2 (0.87%) Advent Portfolio Exchange
4 1 (0.44%) BusinessWorks
4 1 (0.44%) Eikon
4 1 (0.44%) Kondor
4 1 (0.44%) Oracle Financials
4 1 (0.44%) Oracle Procure-to-Pay
4 1 (0.44%) Orchestrade
4 1 (0.44%) Remedy ITSM
4 1 (0.44%) thinkFolio
Cloud Services
1 7 (3.06%) Amazon AWS
2 6 (2.62%) Microsoft Azure
3 5 (2.18%) Cloud Computing
4 2 (0.87%) GitHub
4 2 (0.87%) npm
4 2 (0.87%) Office 365
5 1 (0.44%) OneDrive
Communications & Networking
1 3 (1.31%) Kerberos
1 3 (1.31%) Network Security
1 3 (1.31%) VLAN
1 3 (1.31%) VSAN
1 3 (1.31%) WAN
2 2 (0.87%) Cisco ASA
2 2 (0.87%) Cisco ISE
2 2 (0.87%) DNS
2 2 (0.87%) Firewall
2 2 (0.87%) LAN
2 2 (0.87%) Skype
2 2 (0.87%) Structured Cabling
3 1 (0.44%) Anycast
3 1 (0.44%) DHCP
3 1 (0.44%) HTTP
3 1 (0.44%) ISDN
3 1 (0.44%) Multicast
3 1 (0.44%) NX-OS
3 1 (0.44%) Wi-Fi
3 1 (0.44%) Wireless
Database & Business Intelligence
1 33 (14.41%) Relational Database
2 32 (13.97%) SQL Server
3 21 (9.17%) RDBMS
4 11 (4.80%) Data Mining
5 10 (4.37%) SQL Server Integration Services
6 8 (3.49%) NoSQL
7 7 (3.06%) MongoDB
7 7 (3.06%) SQL Server Analysis Services
8 5 (2.18%) Oracle Database
8 5 (2.18%) SQL Server 2008
9 4 (1.75%) Data Warehouse
10 3 (1.31%) DB2
10 3 (1.31%) MySQL
10 3 (1.31%) SQL Server 2016
10 3 (1.31%) SQL Server Reporting Services
11 2 (0.87%) Big Data
11 2 (0.87%) Blockchain
11 2 (0.87%) Data Lake
11 2 (0.87%) DTS
11 2 (0.87%) SQL Server 2000
Development Applications
1 11 (4.80%) JUnit
2 10 (4.37%) JIRA
2 10 (4.37%) Mockito
3 7 (3.06%) Git (software)
4 6 (2.62%) Maven
4 6 (2.62%) Subversion
5 5 (2.18%) Visual Studio
6 3 (1.31%) Jenkins
6 3 (1.31%) Moq
6 3 (1.31%) NUnit
6 3 (1.31%) Rhino Mocks
6 3 (1.31%) SpecFlow
7 2 (0.87%) Eclipse
7 2 (0.87%) ERwin
7 2 (0.87%) TeamCity
7 2 (0.87%) TestComplete
8 1 (0.44%) Atlassian Bamboo
8 1 (0.44%) IntelliJ
8 1 (0.44%) JMeter
8 1 (0.44%) Selenium
General
1 229 (100.00%) Banking
2 102 (44.54%) Finance
3 80 (34.93%) Front Office
4 12 (5.24%) Advertising
5 8 (3.49%) Back Office
5 8 (3.49%) Financial Institution
6 4 (1.75%) Telecoms
7 3 (1.31%) Retail
8 2 (0.87%) Private Banking
9 1 (0.44%) Corporate Banking
9 1 (0.44%) Games
9 1 (0.44%) Italian Language
9 1 (0.44%) Retail Banking
Job Titles
1 138 (60.26%) Developer
2 73 (31.88%) Java Developer
3 32 (13.97%) Full Stack Developer
4 27 (11.79%) Analyst
5 26 (11.35%) Senior Developer
6 23 (10.04%) Front Office Developer
7 19 (8.30%) Business Analyst
7 19 (8.30%) C# Developer
8 15 (6.55%) .NET Developer
9 14 (6.11%) Python Developer
10 12 (5.24%) C# .NET Developer
10 12 (5.24%) Project Manager
11 11 (4.80%) Architect
12 10 (4.37%) Investment Banking Java Developer
12 10 (4.37%) SQL Developer
13 9 (3.93%) Banking Analyst
14 8 (3.49%) Electronic Trading Developer
14 8 (3.49%) Senior C# Developer
15 7 (3.06%) IT Manager
15 7 (3.06%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 44 (19.21%) AngularJS
2 41 (17.90%) Spring
3 37 (16.16%) .NET
4 36 (15.72%) Node.js
5 34 (14.85%) REST
6 33 (14.41%) Hibernate
7 31 (13.54%) React
8 23 (10.04%) Twitter Bootstrap
9 20 (8.73%) HTML
9 20 (8.73%) Redux
10 19 (8.30%) Angular 2
11 15 (6.55%) FIX Protocol
12 14 (6.11%) CSS
13 10 (4.37%) RESTful
14 9 (3.93%) Middleware
14 9 (3.93%) WCF
15 8 (3.49%) Ajax
16 7 (3.06%) HTML5
16 7 (3.06%) JMS
16 7 (3.06%) jQuery
Miscellaneous
1 31 (13.54%) Fixed Income
2 24 (10.48%) Foreign Exchange (FX)
3 21 (9.17%) Analytical Skills
4 19 (8.30%) Derivative
4 19 (8.30%) Equities
5 18 (7.86%) Fintech
5 18 (7.86%) User Experience
6 15 (6.55%) Greenfield Project
7 13 (5.68%) Computer Science
8 11 (4.80%) Market Risk
9 9 (3.93%) iPad
9 9 (3.93%) Robotics
9 9 (3.93%) Self-Motivation
10 8 (3.49%) Data Centre
11 7 (3.06%) Credit Risk
11 7 (3.06%) Grid Computing
12 6 (2.62%) Algorithms
12 6 (2.62%) Equity Derivative
13 5 (2.18%) Data Structures
14 3 (1.31%) Virtual Team
Operating Systems
1 40 (17.47%) Unix
2 21 (9.17%) Linux
3 20 (8.73%) Windows
4 9 (3.93%) Apple iOS
5 7 (3.06%) Windows Server
6 3 (1.31%) Windows 10
6 3 (1.31%) Windows 7
6 3 (1.31%) Windows Server 2012
7 2 (0.87%) Oracle Linux
8 1 (0.44%) Android
8 1 (0.44%) Red Hat Enterprise Linux
8 1 (0.44%) Solaris
8 1 (0.44%) Windows Server 2008
Processes & Methodologies
1 81 (35.37%) Agile Software Development
2 43 (18.78%) Multithreading
3 36 (15.72%) Electronic Trading
4 30 (13.10%) Low Latency
5 28 (12.23%) TDD
6 25 (10.92%) Scrum
7 22 (9.61%) BDD
8 18 (7.86%) Migration
8 18 (7.86%) MVC
8 18 (7.86%) Software Engineering
9 16 (6.99%) Risk Management
10 15 (6.55%) Creative Thinking
11 14 (6.11%) Kanban
11 14 (6.11%) Open Source
11 14 (6.11%) Project Management
12 13 (5.68%) Problem-Solving
12 13 (5.68%) Test Automation
13 12 (5.24%) SDLC
14 11 (4.80%) User Acceptance Testing
14 11 (4.80%) Web Development
Programming Languages
1 92 (40.17%) Java
2 54 (23.58%) JavaScript
3 47 (20.52%) SQL
4 43 (18.78%) C#
5 24 (10.48%) Python
6 20 (8.73%) Java 8
7 11 (4.80%) TypeScript
8 6 (2.62%) C++
8 6 (2.62%) Perl
9 5 (2.18%) Bash Shell
10 4 (1.75%) VBA
11 3 (1.31%) PowerShell
11 3 (1.31%) Scala
11 3 (1.31%) T-SQL
12 1 (0.44%) Clojure
12 1 (0.44%) Groovy
12 1 (0.44%) Haskell
12 1 (0.44%) R
12 1 (0.44%) VB
12 1 (0.44%) VB.NET
Qualifications
1 20 (8.73%) Degree
2 10 (4.37%) Computer Science Degree
3 3 (1.31%) ISTQB
3 3 (1.31%) VCAP
3 3 (1.31%) VCDX
3 3 (1.31%) VMware Certified Professional (VCP)
4 2 (0.87%) Master's Degree
4 2 (0.87%) MCP
4 2 (0.87%) MCSA
4 2 (0.87%) Microsoft Certification
4 2 (0.87%) PhD
5 1 (0.44%) A+ Certification
5 1 (0.44%) Cisco Certification
5 1 (0.44%) ITIL Certification
5 1 (0.44%) MCSE
5 1 (0.44%) MOS
5 1 (0.44%) Postgraduate
5 1 (0.44%) PRINCE2 Certification
5 1 (0.44%) Security Cleared
Quality Assurance & Compliance
1 7 (3.06%) MiFID
2 3 (1.31%) QA
2 3 (1.31%) SLA
3 2 (0.87%) EMIR
3 2 (0.87%) ISO/IEC 27001
3 2 (0.87%) ISO/IEC 27005
3 2 (0.87%) NIST 800
4 1 (0.44%) COREP
4 1 (0.44%) FINREP
4 1 (0.44%) PMO
4 1 (0.44%) PSD2
4 1 (0.44%) SEPA
System Software
1 5 (2.18%) Active Directory
2 3 (1.31%) VMware Infrastructure
2 3 (1.31%) vSphere
2 3 (1.31%) XenDesktop
3 2 (0.87%) OpenAM
4 1 (0.44%) Docker
4 1 (0.44%) Platform Symphony
4 1 (0.44%) ProxySG
4 1 (0.44%) Virtual Desktop
Systems Management
1 2 (0.87%) CASB
1 2 (0.87%) HP ALM
1 2 (0.87%) Puppet
1 2 (0.87%) Single Sign-On
2 1 (0.44%) Kibana
2 1 (0.44%) SCCM
2 1 (0.44%) Systems Management Server (SMS)
2 1 (0.44%) Thomson Reuters DACS
Vendors
1 18 (7.86%) Oracle
2 15 (6.55%) Microsoft
3 11 (4.80%) Apple
4 7 (3.06%) Bloomberg
5 5 (2.18%) Citrix
5 5 (2.18%) Reuters
5 5 (2.18%) Salesforce.com
5 5 (2.18%) Sybase
5 5 (2.18%) TIBCO
6 4 (1.75%) Cisco
7 3 (1.31%) CA
7 3 (1.31%) Dell
7 3 (1.31%) HP
7 3 (1.31%) ION Trading
7 3 (1.31%) Murex
7 3 (1.31%) ServiceNow
7 3 (1.31%) Tableau
7 3 (1.31%) VMware
8 2 (0.87%) F5
8 2 (0.87%) Pega