Period
to 10 December 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 10 December 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
10 Dec 2018
Same period 2017 Same period 2016
Rank 88 23 34
Rank change year-on-year -65 +11 -15
Contract jobs citing Investment Banking 217 510 382
As % of all contract IT jobs advertised in the City of London 3.04% 7.14% 5.86%
As % of the General category 5.96% 12.86% 11.18%
Number of daily rates quoted 187 425 338
City of London median daily rate £600 £575 £600
Median daily rate % change year-on-year +4.35% -4.17% +9.09%
10th Percentile £455 £400 £425
90th Percentile £775 £738 £738
Central London median daily rate £600 £575 £575
% change year-on-year +4.35% - +4.55%
Number of hourly rates quoted 0 1 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 3,641 3,967 3,418
As % of all contract IT jobs advertised in the City of London 51.01% 55.55% 52.43%
Number of daily rates quoted 2,822 3,181 2,725
City of London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +2.04%
10th Percentile £310 £325 £318
90th Percentile £688 £713 £675
Central London median daily rate £525 £525 £500
% change year-on-year - +5.00% +4.71%
Number of hourly rates quoted 45 37 17
City of London median hourly rate £18.70 £21.25 £20.00
Median hourly rate % change year-on-year -12.00% +6.25% -4.76%
10th Percentile £14.40 £15.00 £12.90
90th Percentile £26.70 £40.02 £51.10
Central London median hourly rate £18.70 £21.25 £20.00
% change year-on-year -12.00% +6.25% -5.33%

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 10 December 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 10 December 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.

1 217 (100.00%) Banking
2 95 (43.78%) Agile Software Development
3 91 (41.94%) Java
4 81 (37.33%) Finance
5 71 (32.72%) Front Office
6 50 (23.04%) Multithreading
7 42 (19.35%) Low Latency
7 42 (19.35%) Fixed Income
8 41 (18.89%) JavaScript
9 39 (17.97%) Electronic Trading
10 36 (16.59%) Unix
11 34 (15.67%) Spring
12 33 (15.21%) REST
12 33 (15.21%) Relational Database
13 32 (14.75%) React
13 32 (14.75%) AngularJS
13 32 (14.75%) SQL
14 31 (14.29%) Node.js
15 30 (13.82%) Greenfield Project
16 29 (13.36%) Hibernate
17 28 (12.90%) RDBMS
18 26 (11.98%) TDD
19 25 (11.52%) C#
20 23 (10.60%) Foreign Exchange (FX)
20 23 (10.60%) SQL Server
20 23 (10.60%) Python
20 23 (10.60%) Scrum
20 23 (10.60%) Open Source
20 23 (10.60%) Angular 2
21 22 (10.14%) Redux

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 7 (3.23%) Confluence
2 3 (1.38%) Apache
2 3 (1.38%) JBoss
2 3 (1.38%) Skype for Business
2 3 (1.38%) Tomcat
3 2 (0.92%) Apache Spark
3 2 (0.92%) IIS
3 2 (0.92%) Oracle SOA Suite
3 2 (0.92%) SharePoint
4 1 (0.46%) Blackberry Enterprise Server
4 1 (0.46%) CMS
4 1 (0.46%) Elasticsearch
4 1 (0.46%) Magnolia
4 1 (0.46%) MS Exchange
4 1 (0.46%) Mule
4 1 (0.46%) Oracle Coherence
4 1 (0.46%) WebLogic
Applications
1 7 (3.23%) Microsoft Excel
2 4 (1.84%) Microsoft Office
3 3 (1.38%) Microsoft PowerPoint
4 1 (0.46%) InVision
4 1 (0.46%) Microsoft Project
4 1 (0.46%) MS Visio
4 1 (0.46%) Spreadsheet
Business Applications
1 3 (1.38%) Salesforce.com CRM
2 1 (0.46%) BusinessWorks
2 1 (0.46%) Eikon
2 1 (0.46%) Kondor
2 1 (0.46%) Oracle Financials
2 1 (0.46%) Remedy ITSM
2 1 (0.46%) thinkFolio
Cloud Services
1 6 (2.76%) Amazon AWS
2 5 (2.30%) Microsoft Azure
3 2 (0.92%) Azure Active Directory
3 2 (0.92%) Azure Data Factory
3 2 (0.92%) Cloud Computing
3 2 (0.92%) Data Lake Analytics
3 2 (0.92%) Office 365
3 2 (0.92%) OneDrive
4 1 (0.46%) npm
Communications & Networking
1 3 (1.38%) Skype
1 3 (1.38%) VLAN
1 3 (1.38%) VSAN
1 3 (1.38%) WAN
2 2 (0.92%) DNS
2 2 (0.92%) Firewall
2 2 (0.92%) HTTP
2 2 (0.92%) HTTPS
2 2 (0.92%) LAN
2 2 (0.92%) Network Security
2 2 (0.92%) Structured Cabling
3 1 (0.46%) Anycast
3 1 (0.46%) DHCP
3 1 (0.46%) Extranet
3 1 (0.46%) Internet
3 1 (0.46%) Kerberos
3 1 (0.46%) TCP/IP
3 1 (0.46%) Wi-Fi
3 1 (0.46%) Wireless
Database & Business Intelligence
1 33 (15.21%) Relational Database
2 28 (12.90%) RDBMS
3 23 (10.60%) SQL Server
4 10 (4.61%) Data Mining
4 10 (4.61%) NoSQL
5 9 (4.15%) MongoDB
6 8 (3.69%) SQL Server Integration Services
7 4 (1.84%) Data Warehouse
8 3 (1.38%) Data Lake
8 3 (1.38%) SQL Server 2008
8 3 (1.38%) SQL Server 2016
8 3 (1.38%) SQL Server Analysis Services
8 3 (1.38%) SQL Server Reporting Services
9 2 (0.92%) Azure SQL Database
9 2 (0.92%) Big Data
9 2 (0.92%) DTS
9 2 (0.92%) MySQL
9 2 (0.92%) Oracle Database
9 2 (0.92%) SQL Server 2000
10 1 (0.46%) OLAP
Development Applications
1 10 (4.61%) JIRA
2 8 (3.69%) Git (software)
2 8 (3.69%) Subversion
3 7 (3.23%) JUnit
4 6 (2.76%) Jenkins
4 6 (2.76%) Maven
4 6 (2.76%) Mockito
5 4 (1.84%) Visual Studio
6 3 (1.38%) Moq
6 3 (1.38%) NUnit
6 3 (1.38%) Rhino Mocks
6 3 (1.38%) SpecFlow
7 2 (0.92%) Cucumber
7 2 (0.92%) Eclipse
7 2 (0.92%) ERwin
7 2 (0.92%) TestComplete
8 1 (0.46%) IntelliJ
8 1 (0.46%) jMock
8 1 (0.46%) Selenium
8 1 (0.46%) Spock
General
1 217 (100.00%) Banking
2 81 (37.33%) Finance
3 71 (32.72%) Front Office
4 8 (3.69%) Back Office
5 7 (3.23%) Financial Institution
6 4 (1.84%) Telecoms
7 3 (1.38%) Advertising
8 2 (0.92%) Retail Banking
9 1 (0.46%) Corporate Banking
9 1 (0.46%) Law
9 1 (0.46%) Marketing
9 1 (0.46%) Private Banking
9 1 (0.46%) Retail
Job Titles
1 130 (59.91%) Developer
2 77 (35.48%) Java Developer
3 33 (15.21%) Full Stack Developer
4 27 (12.44%) Front Office Developer
5 24 (11.06%) Analyst
6 17 (7.83%) Business Analyst
7 13 (5.99%) C# Developer
7 13 (5.99%) Project Manager
7 13 (5.99%) Python Developer
7 13 (5.99%) Senior Developer
8 9 (4.15%) Architect
9 8 (3.69%) Senior Java Developer
10 7 (3.23%) .NET Developer
10 7 (3.23%) Investment Banking Java Developer
10 7 (3.23%) IT Manager
11 6 (2.76%) AWS Developer
11 6 (2.76%) Banking Analyst
12 5 (2.30%) IT Project Manager
12 5 (2.30%) Node.js Developer
12 5 (2.30%) NoSQL Developer
Libraries, Frameworks & Software Standards
1 34 (15.67%) Spring
2 33 (15.21%) REST
3 32 (14.75%) AngularJS
3 32 (14.75%) React
4 31 (14.29%) Node.js
5 29 (13.36%) Hibernate
6 23 (10.60%) Angular 2
7 22 (10.14%) Redux
7 22 (10.14%) Twitter Bootstrap
8 18 (8.29%) .NET
8 18 (8.29%) FIX Protocol
9 14 (6.45%) HTML
10 11 (5.07%) RESTful
11 10 (4.61%) XML
12 9 (4.15%) CSS
13 7 (3.23%) Ajax
13 7 (3.23%) FpML
13 7 (3.23%) WPF
14 6 (2.76%) Express
14 6 (2.76%) WCF
Miscellaneous
1 42 (19.35%) Fixed Income
2 30 (13.82%) Greenfield Project
3 23 (10.60%) Foreign Exchange (FX)
4 19 (8.76%) Equities
5 18 (8.29%) Analytical Skills
6 17 (7.83%) Derivative
6 17 (7.83%) Fintech
7 14 (6.45%) User Experience
8 9 (4.15%) Data Centre
9 8 (3.69%) Robotics
10 7 (3.23%) Enterprise Software
10 7 (3.23%) Self-Motivation
11 6 (2.76%) Algorithms
11 6 (2.76%) iPad
12 5 (2.30%) Equity Derivative
13 4 (1.84%) Data Structures
14 3 (1.38%) Management Information System
14 3 (1.38%) Market Risk
14 3 (1.38%) Virtual Team
15 2 (0.92%) Grid Computing
Operating Systems
1 36 (16.59%) Unix
2 15 (6.91%) Linux
2 15 (6.91%) Windows
3 7 (3.23%) Windows Server
4 6 (2.76%) Apple iOS
5 4 (1.84%) Windows Server 2012
6 3 (1.38%) Windows 10
6 3 (1.38%) Windows 7
7 2 (0.92%) Red Hat Enterprise Linux
7 2 (0.92%) Solaris
7 2 (0.92%) Windows Server 2008
Processes & Methodologies
1 95 (43.78%) Agile Software Development
2 50 (23.04%) Multithreading
3 42 (19.35%) Low Latency
4 39 (17.97%) Electronic Trading
5 26 (11.98%) TDD
6 23 (10.60%) Open Source
6 23 (10.60%) Scrum
7 21 (9.68%) Client Onboarding
8 20 (9.22%) BDD
9 18 (8.29%) SDLC
10 16 (7.37%) Software Engineering
11 15 (6.91%) Migration
11 15 (6.91%) Project Management
12 13 (5.99%) Computer Science
12 13 (5.99%) Creative Thinking
12 13 (5.99%) ITIL
12 13 (5.99%) Kanban
12 13 (5.99%) Risk Management
13 12 (5.53%) Data Modelling
13 12 (5.53%) User Acceptance Testing
Programming Languages
1 91 (41.94%) Java
2 41 (18.89%) JavaScript
3 32 (14.75%) SQL
4 25 (11.52%) C#
5 23 (10.60%) Python
6 11 (5.07%) Java 8
7 7 (3.23%) C++
8 6 (2.76%) Perl
9 3 (1.38%) Scala
9 3 (1.38%) Shell Script
10 2 (0.92%) PowerShell
10 2 (0.92%) T-SQL
11 1 (0.46%) AWK
11 1 (0.46%) Clojure
11 1 (0.46%) Go
11 1 (0.46%) Kotlin
11 1 (0.46%) R
11 1 (0.46%) TypeScript
11 1 (0.46%) VBA
11 1 (0.46%) XAML
Qualifications
1 12 (5.53%) Degree
2 8 (3.69%) Computer Science Degree
3 3 (1.38%) ITIL Certification
3 3 (1.38%) VCAP
3 3 (1.38%) VCDX
3 3 (1.38%) VMware Certified Professional (VCP)
4 2 (0.92%) ISTQB
4 2 (0.92%) Master's Degree
4 2 (0.92%) MCP
4 2 (0.92%) MCSA
4 2 (0.92%) Microsoft Certification
4 2 (0.92%) PhD
5 1 (0.46%) A+ Certification
5 1 (0.46%) CCIE
5 1 (0.46%) CCIE Routing and Switching
5 1 (0.46%) CCNP
5 1 (0.46%) Cisco Certification
5 1 (0.46%) MCSE
5 1 (0.46%) MOS
5 1 (0.46%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (2.30%) MiFID
2 4 (1.84%) QA
3 3 (1.38%) SLA
4 2 (0.92%) PMO
5 1 (0.46%) COREP
5 1 (0.46%) Data Quality
5 1 (0.46%) EMIR
5 1 (0.46%) FINREP
5 1 (0.46%) PSD2
System Software
1 7 (3.23%) Active Directory
2 3 (1.38%) VMware Infrastructure
2 3 (1.38%) vSphere
2 3 (1.38%) XenDesktop
3 2 (0.92%) Virtual Machines
4 1 (0.46%) Docker
4 1 (0.46%) Virtual Desktop
Systems Management
1 2 (0.92%) HP ALM
2 1 (0.46%) IBM BigFix
2 1 (0.46%) Kibana
2 1 (0.46%) SCCM
2 1 (0.46%) Tivoli
2 1 (0.46%) Tivoli Endpoint Manager
Vendors
1 10 (4.61%) Microsoft
2 9 (4.15%) Oracle
3 7 (3.23%) Apple
4 6 (2.76%) Sybase
5 5 (2.30%) ServiceNow
5 5 (2.30%) TIBCO
6 4 (1.84%) Bloomberg
6 4 (1.84%) Citrix
7 3 (1.38%) Dell
7 3 (1.38%) HP
7 3 (1.38%) Murex
7 3 (1.38%) Salesforce.com
7 3 (1.38%) Tableau
7 3 (1.38%) VMware
8 2 (0.92%) Atlassian
8 2 (0.92%) F5
8 2 (0.92%) FXall
8 2 (0.92%) Informatica
8 2 (0.92%) Pega
8 2 (0.92%) Reuters