Period
to 21 August 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 21 August 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
21 Aug 2018
Same period 2017 Same period 2016
Rank 70 24 39
Rank change year-on-year -46 +15 -16
Contract jobs citing Investment Banking 260 536 356
As % of all contract IT jobs advertised in the City of London 3.71% 8.09% 5.27%
As % of the General category 7.18% 14.76% 9.84%
Number of daily rates quoted 228 458 323
City of London median daily rate £600 £580 £575
Median daily rate % change year-on-year +3.45% +0.87% +4.55%
10th Percentile £425 £413 £413
90th Percentile £738 £725 £750
Central London median daily rate £578 £575 £550
% change year-on-year +0.43% +4.55% -
Number of hourly rates quoted 0 6 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 3,623 3,631 3,619
As % of all contract IT jobs advertised in the City of London 51.64% 54.81% 53.54%
Number of daily rates quoted 2,812 2,867 3,011
City of London median daily rate £525 £525 £485
Median daily rate % change year-on-year - +8.25% +2.11%
10th Percentile £325 £325 £308
90th Percentile £700 £688 £675
Central London median daily rate £525 £513 £475
% change year-on-year +2.44% +7.89% -
Number of hourly rates quoted 47 36 23
City of London median hourly rate £18.70 £20.85 £20.00
Median hourly rate % change year-on-year -10.30% +4.24% +1.45%
10th Percentile £13.70 £13.43 £11.25
90th Percentile £25.50 £32.00 £33.45
Central London median hourly rate £18.70 £20.85 £20.00
% change year-on-year -10.30% +4.24% +1.45%

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 21 August 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 21 August 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.

1 260 (100.00%) Banking
2 128 (49.23%) Finance
3 103 (39.62%) Java
4 86 (33.08%) Agile Software Development
5 78 (30.00%) Front Office
6 66 (25.38%) JavaScript
7 60 (23.08%) SQL
8 47 (18.08%) Unix
9 45 (17.31%) Spring
10 44 (16.92%) Multithreading
11 43 (16.54%) Node.js
11 43 (16.54%) AngularJS
11 43 (16.54%) C#
12 39 (15.00%) .NET
12 39 (15.00%) Electronic Trading
13 36 (13.85%) HTML
13 36 (13.85%) TDD
13 36 (13.85%) Relational Database
13 36 (13.85%) React
14 33 (12.69%) Java 8
14 33 (12.69%) SQL Server
14 33 (12.69%) Derivative
15 30 (11.54%) CSS
16 28 (10.77%) Fixed Income
17 27 (10.38%) Scrum
17 27 (10.38%) Python
17 27 (10.38%) Web Development
18 26 (10.00%) REST
18 26 (10.00%) Linux
18 26 (10.00%) Hibernate

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 5 (1.92%) Confluence
2 4 (1.54%) Apache
2 4 (1.54%) Apache Spark
2 4 (1.54%) SharePoint
2 4 (1.54%) SharePoint 2013
3 2 (0.77%) Apache Pig
3 2 (0.77%) Elasticsearch
3 2 (0.77%) JBoss
3 2 (0.77%) Mule
3 2 (0.77%) Oracle SOA Suite
3 2 (0.77%) Tomcat
4 1 (0.38%) Cloud Foundry
4 1 (0.38%) MS Exchange
4 1 (0.38%) Oracle Coherence
4 1 (0.38%) Skype for Business
4 1 (0.38%) WebLogic
Applications
1 11 (4.23%) Microsoft Excel
2 5 (1.92%) Microsoft PowerPoint
3 3 (1.15%) Microsoft Office
4 2 (0.77%) MS Visio
4 2 (0.77%) Spreadsheet
5 1 (0.38%) Adobe Creative Suite
5 1 (0.38%) InVision
5 1 (0.38%) Photoshop
5 1 (0.38%) UXPin
Business Applications
1 6 (2.31%) ION MarketView
2 3 (1.15%) RMDS
2 3 (1.15%) Salesforce.com CRM
3 2 (0.77%) Actimize
3 2 (0.77%) Advent Portfolio Exchange
3 2 (0.77%) Orchestrade
3 2 (0.77%) thinkFolio
4 1 (0.38%) BusinessWorks
4 1 (0.38%) Kondor
4 1 (0.38%) Oracle Procure-to-Pay
4 1 (0.38%) Remedy ITSM
Cloud Services
1 5 (1.92%) Amazon AWS
1 5 (1.92%) Cloud Computing
2 4 (1.54%) Microsoft Azure
3 3 (1.15%) Office 365
4 2 (0.77%) GitHub
4 2 (0.77%) npm
5 1 (0.38%) BrowserStack
5 1 (0.38%) Sauce Labs
Communications & Networking
1 6 (2.31%) Firewall
1 6 (2.31%) LAN
2 5 (1.92%) Cisco IOS
2 5 (1.92%) Multicast
2 5 (1.92%) OSPF
3 4 (1.54%) Network Security
3 4 (1.54%) WAN
4 3 (1.15%) BGP
4 3 (1.15%) Cisco IPT
4 3 (1.15%) DNS
4 3 (1.15%) H.323
4 3 (1.15%) Internet
4 3 (1.15%) ISDN
4 3 (1.15%) Junos
4 3 (1.15%) MGCP
4 3 (1.15%) MPLS
4 3 (1.15%) TCP/IP
4 3 (1.15%) VPLS
4 3 (1.15%) Wireless
4 3 (1.15%) Wireshark
Database & Business Intelligence
1 36 (13.85%) Relational Database
2 33 (12.69%) SQL Server
3 14 (5.38%) RDBMS
4 12 (4.62%) Data Mining
5 7 (2.69%) SQL Server 2008
5 7 (2.69%) SQL Server Analysis Services
6 6 (2.31%) NoSQL
6 6 (2.31%) Oracle Database
6 6 (2.31%) SQL Server Integration Services
7 5 (1.92%) MongoDB
8 4 (1.54%) Big Data
9 3 (1.15%) Data Warehouse
9 3 (1.15%) DB2
9 3 (1.15%) Hadoop
9 3 (1.15%) MySQL
10 2 (0.77%) Apache Hive
10 2 (0.77%) Blockchain
10 2 (0.77%) Data Lake
10 2 (0.77%) Oracle Database 11g
11 1 (0.38%) Hazelcast
Development Applications
1 10 (3.85%) JIRA
1 10 (3.85%) JUnit
2 9 (3.46%) webpack
3 8 (3.08%) Maven
3 8 (3.08%) Mockito
3 8 (3.08%) Visual Studio
4 6 (2.31%) Git (software)
5 5 (1.92%) Atlassian Bamboo
6 4 (1.54%) Jenkins
6 4 (1.54%) Selenium
6 4 (1.54%) Subversion
6 4 (1.54%) TeamCity
7 3 (1.15%) Cucumber
7 3 (1.15%) Moq
7 3 (1.15%) NUnit
7 3 (1.15%) Rhino Mocks
7 3 (1.15%) SpecFlow
8 2 (0.77%) JMeter
8 2 (0.77%) TestComplete
8 2 (0.77%) WebDriver
General
1 260 (100.00%) Banking
2 128 (49.23%) Finance
3 78 (30.00%) Front Office
4 13 (5.00%) Advertising
5 10 (3.85%) Back Office
6 6 (2.31%) Financial Institution
7 4 (1.54%) Retail
8 3 (1.15%) Corporate Banking
8 3 (1.15%) Legal
8 3 (1.15%) Marketing
9 2 (0.77%) Retail Banking
9 2 (0.77%) Telecoms
10 1 (0.38%) Games
10 1 (0.38%) General Ledger
10 1 (0.38%) Italian Language
10 1 (0.38%) Private Banking
Job Titles
1 148 (56.92%) Developer
2 71 (27.31%) Java Developer
3 29 (11.15%) Analyst
4 27 (10.38%) Senior Developer
5 26 (10.00%) Full Stack Developer
6 21 (8.08%) C# Developer
6 21 (8.08%) Front Office Developer
7 17 (6.54%) Business Analyst
8 14 (5.38%) .NET Developer
8 14 (5.38%) Project Manager
9 13 (5.00%) C# .NET Developer
9 13 (5.00%) Front End Developer (Client-Side Developer)
10 12 (4.62%) Architect
10 12 (4.62%) Banking Analyst
10 12 (4.62%) Python Developer
10 12 (4.62%) React Developer
11 10 (3.85%) Investment Banking Java Developer
11 10 (3.85%) Web Developer
12 9 (3.46%) Front End Web Developer (Client-Side Developer)
12 9 (3.46%) SQL Developer
Libraries, Frameworks & Software Standards
1 45 (17.31%) Spring
2 43 (16.54%) AngularJS
2 43 (16.54%) Node.js
3 39 (15.00%) .NET
4 36 (13.85%) HTML
4 36 (13.85%) React
5 30 (11.54%) CSS
6 26 (10.00%) Hibernate
6 26 (10.00%) REST
7 24 (9.23%) Redux
7 24 (9.23%) Twitter Bootstrap
8 20 (7.69%) HTML5
9 15 (5.77%) Angular 2
9 15 (5.77%) jQuery
10 13 (5.00%) CSS3
11 11 (4.23%) FIX Protocol
12 10 (3.85%) D3.js
12 10 (3.85%) WCF
13 9 (3.46%) LESS
14 8 (3.08%) RESTful
Miscellaneous
1 33 (12.69%) Derivative
2 28 (10.77%) Fixed Income
3 24 (9.23%) Foreign Exchange (FX)
4 23 (8.85%) Analytical Skills
4 23 (8.85%) User Experience
5 22 (8.46%) Equities
6 18 (6.92%) Greenfield Project
7 16 (6.15%) Computer Science
7 16 (6.15%) Fintech
8 14 (5.38%) Equity Derivative
9 13 (5.00%) Algorithms
10 11 (4.23%) Market Risk
11 10 (3.85%) Robotics
11 10 (3.85%) Self-Motivation
12 9 (3.46%) Credit Risk
13 7 (2.69%) Grid Computing
13 7 (2.69%) iPad
14 6 (2.31%) Data Centre
15 4 (1.54%) Hedge funds
15 4 (1.54%) Minimum Viable Product
Operating Systems
1 47 (18.08%) Unix
2 26 (10.00%) Linux
3 20 (7.69%) Windows
4 11 (4.23%) Apple iOS
5 6 (2.31%) Windows Server
6 2 (0.77%) Oracle Linux
6 2 (0.77%) Windows Server 2012
7 1 (0.38%) Android
7 1 (0.38%) Red Hat Enterprise Linux
7 1 (0.38%) Solaris
7 1 (0.38%) Windows 10
7 1 (0.38%) Windows 7
Processes & Methodologies
1 86 (33.08%) Agile Software Development
2 44 (16.92%) Multithreading
3 39 (15.00%) Electronic Trading
4 36 (13.85%) TDD
5 27 (10.38%) Scrum
5 27 (10.38%) Web Development
6 24 (9.23%) Low Latency
7 22 (8.46%) Project Management
8 21 (8.08%) Software Engineering
9 20 (7.69%) Creative Thinking
10 18 (6.92%) BDD
10 18 (6.92%) Kanban
10 18 (6.92%) Migration
10 18 (6.92%) SDLC
11 17 (6.54%) Problem-Solving
12 16 (6.15%) MVC
12 16 (6.15%) Open Source
13 15 (5.77%) Risk Management
14 13 (5.00%) Stakeholder Management
14 13 (5.00%) Test Automation
Programming Languages
1 103 (39.62%) Java
2 66 (25.38%) JavaScript
3 60 (23.08%) SQL
4 43 (16.54%) C#
5 33 (12.69%) Java 8
6 27 (10.38%) Python
7 16 (6.15%) TypeScript
8 9 (3.46%) ES6
9 8 (3.08%) Bash Shell
9 8 (3.08%) C++
10 6 (2.31%) Kotlin
10 6 (2.31%) Perl
10 6 (2.31%) VBA
11 5 (1.92%) Scala
12 2 (0.77%) PowerShell
12 2 (0.77%) R
12 2 (0.77%) T-SQL
12 2 (0.77%) VB
12 2 (0.77%) VB.NET
13 1 (0.38%) PL/SQL
Qualifications
1 25 (9.62%) Degree
2 8 (3.08%) Computer Science Degree
3 5 (1.92%) Cisco Certification
4 3 (1.15%) PhD
4 3 (1.15%) PRINCE2 Certification
5 2 (0.77%) CCA
5 2 (0.77%) CCIE
5 2 (0.77%) CCNA
5 2 (0.77%) CCNP
5 2 (0.77%) Master's Degree
5 2 (0.77%) MCP
5 2 (0.77%) MCSA
5 2 (0.77%) Microsoft Certification
6 1 (0.38%) A+ Certification
6 1 (0.38%) CISSP
6 1 (0.38%) CRISC
6 1 (0.38%) MCSE
6 1 (0.38%) Numerate Degree
6 1 (0.38%) Postgraduate
6 1 (0.38%) PRINCE2 Practitioner
Quality Assurance & Compliance
1 8 (3.08%) MiFID
2 7 (2.69%) QA
3 4 (1.54%) PMO
4 3 (1.15%) COREP
4 3 (1.15%) EMIR
4 3 (1.15%) FINREP
4 3 (1.15%) GDPR
4 3 (1.15%) SEPA
5 2 (0.77%) Dodd-Frank
5 2 (0.77%) ISO/IEC 27001
5 2 (0.77%) ISO/IEC 27005
5 2 (0.77%) NIST 800
5 2 (0.77%) SLA
System Software
1 4 (1.54%) Active Directory
2 3 (1.15%) Docker
2 3 (1.15%) ProxySG
3 2 (0.77%) OpenAM
4 1 (0.38%) HDFS
4 1 (0.38%) Platform Symphony
Systems Management
1 3 (1.15%) Puppet
2 2 (0.77%) CASB
2 2 (0.77%) Kibana
2 2 (0.77%) Single Sign-On
3 1 (0.38%) Docker Swarm
3 1 (0.38%) EMC NetWorker
3 1 (0.38%) Hadoop YARN
3 1 (0.38%) Kubernetes
3 1 (0.38%) Opscode Chef
3 1 (0.38%) SCCM
3 1 (0.38%) Systems Management Server (SMS)
3 1 (0.38%) Thomson Reuters DACS
Vendors
1 20 (7.69%) Oracle
2 18 (6.92%) Microsoft
3 9 (3.46%) Apple
3 9 (3.46%) Cisco
4 8 (3.08%) Reuters
4 8 (3.08%) Sybase
5 6 (2.31%) Atlassian
5 6 (2.31%) Bloomberg
5 6 (2.31%) ION Trading
6 5 (1.92%) TIBCO
7 4 (1.54%) Charles River
7 4 (1.54%) Salesforce.com
8 3 (1.15%) Blue Coat
8 3 (1.15%) CA
8 3 (1.15%) F5
8 3 (1.15%) Juniper
8 3 (1.15%) NetScout
8 3 (1.15%) SevOne
8 3 (1.15%) Sun
8 3 (1.15%) Tableau