Period
to 25 February 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 25 February 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
25 Feb 2018
Same period 2017 Same period 2016
Rank 32 31 17
Rank change year-on-year -1 -14 +5
Contract jobs citing Investment Banking 421 354 587
As % of all contract IT jobs advertised in the City of London 6.01% 5.81% 8.72%
As % of the General category 10.97% 11.26% 15.80%
Number of daily rates quoted 353 314 504
City of London median daily rate £575 £600 £550
Median daily rate % change year-on-year -4.17% +9.09% +4.76%
10th Percentile £363 £425 £405
90th Percentile £738 £713 £688
Central London median daily rate £575 £580 £550
% change year-on-year -0.86% +5.45% +4.76%
Number of hourly rates quoted 0 2 0
City of London median hourly rate - £46.75 -
Central London median hourly rate - £46.75 -

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 3,839 3,144 3,715
As % of all contract IT jobs advertised in the City of London 54.84% 51.64% 55.18%
Number of daily rates quoted 3,062 2,483 2,933
City of London median daily rate £525 £500 £500
Median daily rate % change year-on-year +5.00% - +8.11%
10th Percentile £325 £325 £293
90th Percentile £713 £675 £675
Central London median daily rate £525 £500 £488
% change year-on-year +5.00% +2.56% +8.33%
Number of hourly rates quoted 45 21 28
City of London median hourly rate £21.00 £21.75 £23.62
Median hourly rate % change year-on-year -3.45% -7.90% +29.40%
10th Percentile £13.80 £12.37 £11.11
90th Percentile £44.50 £56.87 £52.38
Central London median hourly rate £21.00 £21.75 £23.00
% change year-on-year -3.45% -5.43% +27.78%

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 25 February 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 25 February 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.

1 421 (100.00%) Banking
2 202 (47.98%) Finance
3 164 (38.95%) Java
4 131 (31.12%) Agile Software Development
5 110 (26.13%) Front Office
6 105 (24.94%) SQL
7 75 (17.81%) Unix
8 60 (14.25%) C#
8 60 (14.25%) Multithreading
9 59 (14.01%) Spring
10 55 (13.06%) Python
11 54 (12.83%) JavaScript
11 54 (12.83%) SQL Server
12 53 (12.59%) Derivative
13 52 (12.35%) Oracle
14 51 (12.11%) .NET
15 45 (10.69%) Low Latency
16 43 (10.21%) Equities
16 43 (10.21%) Fixed Income
16 43 (10.21%) Electronic Trading
17 38 (9.03%) Git (software)
17 38 (9.03%) Foreign Exchange (FX)
17 38 (9.03%) DevOps
18 36 (8.55%) Relational Database
18 36 (8.55%) Linux
19 35 (8.31%) Windows
19 35 (8.31%) TeamCity
19 35 (8.31%) QA
19 35 (8.31%) Maven
20 34 (8.08%) JIRA

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 (4.28%) Apache Spark
2 13 (3.09%) Cloud Foundry
3 9 (2.14%) MQSeries
4 6 (1.43%) Apache Pig
5 5 (1.19%) Apache
5 5 (1.19%) Tomcat
6 4 (0.95%) Elasticsearch
6 4 (0.95%) WebSphere
7 3 (0.71%) nginx
8 2 (0.48%) Exchange Server 2007
8 2 (0.48%) MS Exchange
9 1 (0.24%) CMS
9 1 (0.24%) Confluence
9 1 (0.24%) IIS
9 1 (0.24%) JBoss
9 1 (0.24%) Oracle Coherence
9 1 (0.24%) SAS
9 1 (0.24%) WebLogic
Applications
1 32 (7.60%) Microsoft Excel
2 11 (2.61%) Microsoft Office
3 6 (1.43%) Spreadsheet
4 3 (0.71%) Microsoft PowerPoint
4 3 (0.71%) MS Visio
Business Applications
1 5 (1.19%) RMDS
2 4 (0.95%) Orchestrade
3 2 (0.48%) BusinessWorks
3 2 (0.48%) Kondor
3 2 (0.48%) Markit EDM
3 2 (0.48%) Summit
4 1 (0.24%) Actimize
4 1 (0.24%) Dynamics CRM
4 1 (0.24%) ION MarketView
4 1 (0.24%) Salesforce.com CRM
4 1 (0.24%) SunGard GMI
4 1 (0.24%) Temenos T24
Cloud Services
1 15 (3.56%) npm
2 11 (2.61%) Amazon AWS
3 6 (1.43%) Microsoft Azure
4 5 (1.19%) Office 365
5 4 (0.95%) GitHub
5 4 (0.95%) Google Cloud Platform
6 3 (0.71%) BrowserStack
6 3 (0.71%) Sauce Labs
7 2 (0.48%) Cloud Computing
Communications & Networking
1 15 (3.56%) Firewall
2 10 (2.38%) FIX Connectivity
3 6 (1.43%) Internet
4 3 (0.71%) Kerberos
4 3 (0.71%) LAN
4 3 (0.71%) WAN
5 2 (0.48%) NetScaler
5 2 (0.48%) Network Security
5 2 (0.48%) VSAN
6 1 (0.24%) BGP
6 1 (0.24%) Cisco Nexus
6 1 (0.24%) DHCP
6 1 (0.24%) DNS
6 1 (0.24%) EIGRP
6 1 (0.24%) Intranet
6 1 (0.24%) IPsec
6 1 (0.24%) MPLS
6 1 (0.24%) Multicast
6 1 (0.24%) OSPF
6 1 (0.24%) TCP/IP
Database & Business Intelligence
1 54 (12.83%) SQL Server
2 36 (8.55%) Relational Database
3 25 (5.94%) RDBMS
4 20 (4.75%) Big Data
5 18 (4.28%) Hadoop
6 17 (4.04%) Oracle Database
7 16 (3.80%) SQL Server 2008
8 13 (3.09%) Oracle Database 11g
9 11 (2.61%) Data Mining
10 10 (2.38%) NoSQL
11 9 (2.14%) Apache Hive
11 9 (2.14%) MongoDB
12 8 (1.90%) SQL Server Integration Services
13 6 (1.43%) Data Warehouse
13 6 (1.43%) HBase
14 4 (0.95%) MS Access
15 3 (0.71%) Apache Cassandra
15 3 (0.71%) BusinessObjects
15 3 (0.71%) OLAP
15 3 (0.71%) SQL Server Reporting Services
Development Applications
1 38 (9.03%) Git (software)
2 35 (8.31%) Maven
2 35 (8.31%) TeamCity
3 34 (8.08%) JIRA
4 32 (7.60%) Jenkins
5 28 (6.65%) Cucumber
6 23 (5.46%) Selenium
7 13 (3.09%) Liquibase
7 13 (3.09%) Sonatype Nexus
8 11 (2.61%) Gradle
9 10 (2.38%) Subversion
10 7 (1.66%) Appium
11 6 (1.43%) CMake
11 6 (1.43%) Visual Studio
11 6 (1.43%) WebDriver
12 4 (0.95%) JMeter
13 3 (0.71%) ERwin
13 3 (0.71%) JBehave
13 3 (0.71%) JUnit
13 3 (0.71%) TestNG
General
1 421 (100.00%) Banking
2 202 (47.98%) Finance
3 110 (26.13%) Front Office
4 15 (3.56%) Financial Institution
5 13 (3.09%) Back Office
6 10 (2.38%) Retail Banking
7 9 (2.14%) Legal
8 3 (0.71%) Private Banking
9 2 (0.48%) Marketing
9 2 (0.48%) Telecoms
10 1 (0.24%) Billing
10 1 (0.24%) French Language
10 1 (0.24%) General Ledger
10 1 (0.24%) International Banking
10 1 (0.24%) Spanish Language
10 1 (0.24%) Wholesale Banking
Job Titles
1 188 (44.66%) Developer
2 83 (19.71%) Java Developer
3 70 (16.63%) Analyst
4 45 (10.69%) C# Developer
5 34 (8.08%) Business Analyst
6 28 (6.65%) .NET Developer
6 28 (6.65%) Senior Developer
7 24 (5.70%) Java Engineer
8 22 (5.23%) C# .NET Developer
8 22 (5.23%) Front Office Developer
8 22 (5.23%) Project Manager
9 20 (4.75%) DevOps Engineer
10 18 (4.28%) Support Analyst
11 16 (3.80%) Senior Java Developer
12 15 (3.56%) Applications Support
12 15 (3.56%) Investment Banking Java Developer
13 14 (3.33%) Full Stack Developer
13 14 (3.33%) Python Developer
14 13 (3.09%) WinForms Developer
15 12 (2.85%) Integration Engineer
Libraries, Frameworks & Software Standards
1 59 (14.01%) Spring
2 51 (12.11%) .NET
3 33 (7.84%) Node.js
4 28 (6.65%) .NET Framework
5 27 (6.41%) AngularJS
5 27 (6.41%) HTML
5 27 (6.41%) REST
6 26 (6.18%) FIX Protocol
6 26 (6.18%) Hibernate
7 22 (5.23%) HTML5
8 20 (4.75%) React
9 17 (4.04%) Twitter Bootstrap
10 16 (3.80%) XML
11 15 (3.56%) JMS
11 15 (3.56%) Redux
11 15 (3.56%) Spring MVC
12 13 (3.09%) Angular 2
12 13 (3.09%) WinForms
13 12 (2.85%) WPF
14 11 (2.61%) Web Services
Miscellaneous
1 53 (12.59%) Derivative
2 43 (10.21%) Equities
2 43 (10.21%) Fixed Income
3 38 (9.03%) Foreign Exchange (FX)
4 29 (6.89%) Analytical Skills
5 16 (3.80%) Equity Derivative
6 15 (3.56%) Hedge funds
6 15 (3.56%) SWIFT
7 14 (3.33%) Linux Command Line
8 13 (3.09%) Credit Risk
8 13 (3.09%) Market Risk
9 12 (2.85%) Algorithms
9 12 (2.85%) Computer Science
10 11 (2.61%) Greenfield Project
10 11 (2.61%) Robotics
11 10 (2.38%) Reference Data
12 8 (1.90%) Fedwire
12 8 (1.90%) User Experience
12 8 (1.90%) Virtual Team
13 7 (1.66%) Management Information System
Operating Systems
1 75 (17.81%) Unix
2 36 (8.55%) Linux
3 35 (8.31%) Windows
4 11 (2.61%) Solaris
5 7 (1.66%) AIX
5 7 (1.66%) Apple iOS
5 7 (1.66%) Windows Server
6 5 (1.19%) Windows 10
7 4 (0.95%) Android
7 4 (0.95%) Red Hat Enterprise Linux
8 2 (0.48%) Windows Server 2012
9 1 (0.24%) Mac OS X
9 1 (0.24%) Windows 7
9 1 (0.24%) Windows Server 2008
Processes & Methodologies
1 131 (31.12%) Agile Software Development
2 60 (14.25%) Multithreading
3 45 (10.69%) Low Latency
4 43 (10.21%) Electronic Trading
5 38 (9.03%) DevOps
6 33 (7.84%) Continuous Integration
6 33 (7.84%) Risk Management
6 33 (7.84%) TDD
7 32 (7.60%) SDLC
8 31 (7.36%) Test Automation
9 28 (6.65%) Business Analysis
9 28 (6.65%) Project Management
10 27 (6.41%) Migration
11 26 (6.18%) Scrum
12 25 (5.94%) Asset Management
12 25 (5.94%) BDD
12 25 (5.94%) MVC
13 20 (4.75%) Concurrent Programming
13 20 (4.75%) Continuous Delivery
13 20 (4.75%) Stakeholder Management
Programming Languages
1 164 (38.95%) Java
2 105 (24.94%) SQL
3 60 (14.25%) C#
4 55 (13.06%) Python
5 54 (12.83%) JavaScript
6 33 (7.84%) VBA
7 25 (5.94%) Scala
8 15 (3.56%) C++
8 15 (3.56%) Ruby
8 15 (3.56%) VB
9 14 (3.33%) Bash Shell
9 14 (3.33%) VB.NET
10 11 (2.61%) Perl
10 11 (2.61%) Shell Script
11 7 (1.66%) C
11 7 (1.66%) Groovy
11 7 (1.66%) XPath
12 6 (1.43%) R
13 5 (1.19%) Korn
14 4 (0.95%) Haskell
Qualifications
1 14 (3.33%) Degree
2 7 (1.66%) Computer Science Degree
2 7 (1.66%) Master's Degree
3 2 (0.48%) MCSE
3 2 (0.48%) Microsoft Certification
3 2 (0.48%) PMI Certification
3 2 (0.48%) PRINCE2 Practitioner
4 1 (0.24%) CCIE
4 1 (0.24%) CCNA
4 1 (0.24%) CCNP
4 1 (0.24%) Cisco Certification
4 1 (0.24%) CISM
4 1 (0.24%) CISSP
4 1 (0.24%) ISEB
4 1 (0.24%) PRINCE2 Certification
4 1 (0.24%) SAS Certification
4 1 (0.24%) Security Cleared
Quality Assurance & Compliance
1 35 (8.31%) QA
2 25 (5.94%) MiFID
3 13 (3.09%) SEPA
4 8 (1.90%) EMIR
5 6 (1.43%) Dodd-Frank
6 3 (0.71%) PMO
7 2 (0.48%) Basel III
7 2 (0.48%) Data Quality
7 2 (0.48%) FATCA
7 2 (0.48%) GCP
7 2 (0.48%) GDPR
7 2 (0.48%) Solvency II
8 1 (0.24%) COREP
8 1 (0.24%) FINREP
8 1 (0.24%) IFRS
8 1 (0.24%) IFRS 9
8 1 (0.24%) SLA
System Software
1 19 (4.51%) Docker
2 10 (2.38%) Active Directory
3 2 (0.48%) Apache Flume
3 2 (0.48%) Apache ZooKeeper
3 2 (0.48%) Microsoft App-V
3 2 (0.48%) VMware ESXi
3 2 (0.48%) XenApp
4 1 (0.24%) HDFS
Systems Management
1 18 (4.28%) Puppet
2 16 (3.80%) Opscode Chef
3 13 (3.09%) Docker Swarm
3 13 (3.09%) Kubernetes
4 8 (1.90%) Ansible
5 7 (1.66%) HP Quality Center
6 5 (1.19%) Oozie
7 3 (0.71%) Salt
8 2 (0.48%) ITRS Geneos
8 2 (0.48%) Kibana
8 2 (0.48%) logstash
8 2 (0.48%) vCenter Server
9 1 (0.24%) MOM
9 1 (0.24%) Rsyslog
9 1 (0.24%) SCCM
Vendors
1 52 (12.35%) Oracle
2 24 (5.70%) Microsoft
3 17 (4.04%) Splunk
4 14 (3.33%) AppDynamics
4 14 (3.33%) Bloomberg
5 9 (2.14%) Citrix
5 9 (2.14%) Reuters
5 9 (2.14%) Tableau
6 8 (1.90%) Charles River
6 8 (1.90%) Fidessa
6 8 (1.90%) Remedy
6 8 (1.90%) Sybase
7 7 (1.66%) IBM
7 7 (1.66%) Murex
8 6 (1.43%) Informatica
8 6 (1.43%) ION Trading
8 6 (1.43%) TIBCO
9 4 (0.95%) Calypso
9 4 (0.95%) Salesforce.com
9 4 (0.95%) VMware