Period
to 15 June 2021

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in England. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 15 June 2021 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
UK > England
6 months to
15 Jun 2021
Same period 2020 Same period 2019
Rank 113 157 219
Rank change year-on-year +44 +62 -58
Contract jobs citing Investment Banking 1,114 679 1,081
As % of all contract jobs advertised in England 2.27% 1.74% 1.31%
As % of the General category 4.26% 3.40% 2.49%
Number of daily rates quoted 848 485 802
10th Percentile £500 £443 £375
25th Percentile £569 £550 £463
Median daily rate (50th Percentile) £650 £625 £575
Median % change year-on-year +4.00% +8.70% -4.17%
75th Percentile £750 £725 £675
90th Percentile £800 £800 £750
UK median daily rate £650 £625 £550
% change year-on-year +4.00% +13.64% -4.35%
Number of hourly rates quoted 2 1 11
Median hourly rate £16.75 £18.50 £15.00
Median % change year-on-year -9.46% +23.33% -
UK median hourly rate £32.25 £18.50 £15.00
% change year-on-year +74.32% +23.33% -

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 England with a requirement for common skills.

All General Skills
England
Contract vacancies with a requirement for common skills 26,134 19,978 43,382
As % of all contract IT jobs advertised in England 53.31% 51.22% 52.40%
Number of daily rates quoted 17,608 13,243 28,525
10th Percentile £306 £263 £290
25th Percentile £403 £382 £381
Median daily rate (50th Percentile) £500 £480 £475
Median % change year-on-year +4.17% +1.05% +2.70%
75th Percentile £613 £600 £581
90th Percentile £700 £694 £675
UK median daily rate £500 £475 £475
% change year-on-year +5.26% - +5.56%
Number of hourly rates quoted 988 769 1,261
10th Percentile £11.83 £12.34 £10.75
25th Percentile £14.00 £14.50 £13.75
Median hourly rate £21.05 £20.00 £19.32
Median % change year-on-year +5.25% +3.52% +4.40%
75th Percentile £41.85 £38.75 £39.00
90th Percentile £55.25 £52.50 £50.00
UK median hourly rate £21.40 £20.00 £18.75
% change year-on-year +6.98% +6.67% +4.17%

Investment Banking
Job Vacancy Trend in England

Job postings citing Investment Banking as a proportion of all IT jobs advertised in England.

Job vacancy trend for Investment Banking in England

Investment Banking
Contractor Daily Rate Trend in England

3-month moving average daily rate quoted in jobs citing Investment Banking in England.

Daily rate trend for Investment Banking in England

Investment Banking
Daily Rate Histogram in England

Daily rate distribution for jobs citing Investment Banking in England over the 6 months to 15 June 2021.

Daily rate histogram for Investment Banking in England

Investment Banking
Contractor Hourly Rate Trend in England

3-month moving average hourly rates quoted in jobs citing Investment Banking in England.

Hourly rate trend for Investment Banking in England

Investment Banking
Contract Job Locations in England

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Investment Banking within the England region over the 6 months to 15 June 2021. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +3 1,086 £650 +4.00% 79
North of England +25 12 £635 +262.86%
North West +15 12 £635 +262.86%
Midlands -16 4 £500 -9.09%
East Midlands +4 2 £510 -7.27%
West Midlands -16 2 £400 -
East of England +9 1 £700 +64.71%
South East - 1 £625 -
Investment Banking
UK

For the 6 months to 15 June 2021, 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 England region with a requirement for Investment Banking.

1 1,114 (100.00%) Banking
2 486 (43.63%) Java
3 444 (39.86%) Finance
4 418 (37.52%) Front Office
5 408 (36.62%) Agile Software Development
6 344 (30.88%) SQL
7 252 (22.62%) C#
8 231 (20.74%) Foreign Exchange (FX)
9 217 (19.48%) Social Skills
10 207 (18.58%) .NET
11 202 (18.13%) Python
12 200 (17.95%) Oracle
13 191 (17.15%) Multithreading
14 180 (16.16%) Derivative
15 169 (15.17%) DevOps
16 163 (14.63%) C++
17 162 (14.54%) Spring
18 155 (13.91%) Linux
19 154 (13.82%) Electronic Trading
20 148 (13.29%) Git (software)
21 142 (12.75%) Fixed Income
22 141 (12.66%) Low Latency
23 128 (11.49%) Scrum
24 127 (11.40%) TDD
25 112 (10.05%) Analytical Skills
26 111 (9.96%) AngularJS
27 108 (9.69%) Kafka
27 108 (9.69%) Windows
28 96 (8.62%) Software Engineering
29 94 (8.44%) SQL Server

Investment Banking
Co-occurring IT Skills in England 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 52 (4.67%) Apache Spark
2 44 (3.95%) Mule
3 38 (3.41%) Oracle Coherence
4 28 (2.51%) Red Hat Fuse
5 21 (1.89%) Confluence
6 19 (1.71%) Apache
7 15 (1.35%) JBoss
8 13 (1.17%) Oracle SOA Suite
9 6 (0.54%) DataSynapse
9 6 (0.54%) IIS
9 6 (0.54%) SharePoint
9 6 (0.54%) Tomcat
10 3 (0.27%) Elasticsearch
10 3 (0.27%) SAS
10 3 (0.27%) WebLogic
10 3 (0.27%) WebSphere
11 2 (0.18%) Apache Pig
11 2 (0.18%) Exchange Server 2013
11 2 (0.18%) Jupyter
11 2 (0.18%) MS Exchange
Applications
1 19 (1.71%) Microsoft Excel
2 15 (1.35%) Microsoft Office
3 14 (1.26%) Microsoft PowerPoint
4 9 (0.81%) Microsoft Project
5 6 (0.54%) Adobe Illustrator
5 6 (0.54%) Photoshop
6 3 (0.27%) Chatbot
6 3 (0.27%) MS Visio
7 1 (0.090%) Adobe Creative Suite
7 1 (0.090%) InVision
7 1 (0.090%) Mingle
7 1 (0.090%) Sketch
Business Applications
1 21 (1.89%) SunGard Martini
2 7 (0.63%) Oracle Subledger Accounting
3 6 (0.54%) ION MarketView
3 6 (0.54%) Oracle Assets
3 6 (0.54%) Oracle EBS
3 6 (0.54%) Oracle E-Business Tax
3 6 (0.54%) Oracle FAH
3 6 (0.54%) Oracle Financials
3 6 (0.54%) Oracle General Ledger
3 6 (0.54%) Oracle Internet Expenses
3 6 (0.54%) Oracle iProcurement
3 6 (0.54%) Oracle Payables
3 6 (0.54%) Oracle Receivables
4 3 (0.27%) Orchestrade
5 2 (0.18%) Loan IQ
5 2 (0.18%) Summit
5 2 (0.18%) Temenos T24
6 1 (0.090%) Endur
6 1 (0.090%) Sentinel
6 1 (0.090%) thinkFolio
Cloud Services
1 83 (7.45%) Azure
2 75 (6.73%) AWS
3 28 (2.51%) GCP
4 15 (1.35%) Cloud Computing
4 15 (1.35%) NuGet
5 13 (1.17%) OpenShift
6 12 (1.08%) Azure Synapse Analytics
7 7 (0.63%) GitHub
8 6 (0.54%) Power Platform
9 5 (0.45%) Apigee
10 4 (0.36%) SaaS
11 3 (0.27%) IaaS
11 3 (0.27%) Microsoft 365
11 3 (0.27%) npm
12 2 (0.18%) Azure Data Factory
12 2 (0.18%) Boomi
12 2 (0.18%) IBM Cloud
12 2 (0.18%) Salesforce Sales Cloud
12 2 (0.18%) Serverless
12 2 (0.18%) Snowflake
Communications & Networking
1 28 (2.51%) Firewall
2 23 (2.06%) TCP/IP
3 17 (1.53%) SSL
4 15 (1.35%) Multicast
5 14 (1.26%) HTTP
6 8 (0.72%) Kerberos
7 7 (0.63%) FIX Connectivity
7 7 (0.63%) tcpdump
7 7 (0.63%) Wireshark
8 4 (0.36%) Cisco Nexus
8 4 (0.36%) NAS
8 4 (0.36%) Network Security
9 2 (0.18%) OSPF
9 2 (0.18%) VLAN
10 1 (0.090%) Internet
10 1 (0.090%) VPN
Database & Business Intelligence
1 94 (8.44%) SQL Server
2 65 (5.83%) Relational Database
3 54 (4.85%) NoSQL
4 53 (4.76%) Big Data
5 40 (3.59%) MongoDB
6 38 (3.41%) Data Warehouse
7 36 (3.23%) Apache Cassandra
8 35 (3.14%) Hadoop
9 33 (2.96%) Oracle Database
10 32 (2.87%) Hazelcast
11 27 (2.42%) Oracle Database 12c
12 24 (2.15%) Redis
13 20 (1.80%) MySQL
14 16 (1.44%) Flink
15 14 (1.26%) Apache Hive
16 13 (1.17%) Apache Ignite
16 13 (1.17%) Couchbase
17 11 (0.99%) HBase
18 10 (0.90%) Microsoft Analysis Services
19 8 (0.72%) Tableau
Development Applications
1 148 (13.29%) Git (software)
2 69 (6.19%) Visual Studio
3 67 (6.01%) JIRA
4 62 (5.57%) Subversion
5 45 (4.04%) Bitbucket
5 45 (4.04%) Jenkins
6 43 (3.86%) TeamCity
7 36 (3.23%) Maven
8 31 (2.78%) Artifactory
9 22 (1.97%) CppUnit
10 21 (1.89%) Oracle APEX
11 20 (1.80%) JUnit
12 15 (1.35%) jMock
13 14 (1.26%) Cucumber
14 13 (1.17%) Moq
15 10 (0.90%) PowerDesigner
16 9 (0.81%) Atlassian Bamboo
16 9 (0.81%) Octopus Deploy
17 8 (0.72%) FishEye
17 8 (0.72%) Hudson
General
1 1,114 (100.00%) Banking
2 444 (39.86%) Finance
3 418 (37.52%) Front Office
4 217 (19.48%) Social Skills
5 112 (10.05%) Analytical Skills
6 36 (3.23%) Back Office
6 36 (3.23%) Financial Institution
7 34 (3.05%) Retail
8 28 (2.51%) Retail Banking
9 25 (2.24%) Corporate Banking
10 24 (2.15%) Documentation Skills
11 21 (1.89%) Legal
12 17 (1.53%) Presentation Skills
13 12 (1.08%) French Language
13 12 (1.08%) Organisational Skills
14 11 (0.99%) Private Banking
15 6 (0.54%) Public Sector
16 5 (0.45%) Influencing Skills
17 4 (0.36%) Prime Brokerage
18 3 (0.27%) Aerospace
Job Titles
1 655 (58.80%) Developer
2 341 (30.61%) Java Developer
3 140 (12.57%) Analyst
4 131 (11.76%) C# Developer
5 123 (11.04%) Senior Developer
6 121 (10.86%) Front Office Developer
7 116 (10.41%) Investment Banking Java Developer
8 88 (7.90%) Business Analyst
9 85 (7.63%) Senior Java Developer
10 72 (6.46%) C# Developer - Investment Banking
11 68 (6.10%) C++ Developer
12 50 (4.49%) Electronic Trading Developer
13 49 (4.40%) Banking Analyst
14 47 (4.22%) Consultant
15 45 (4.04%) SQL Developer
16 44 (3.95%) Investment Banking C++ Developer
17 43 (3.86%) Project Manager
18 42 (3.77%) Integration Developer
19 41 (3.68%) Electronic Trading Java Developer
19 41 (3.68%) Quantitative Developer
Libraries, Frameworks & Software Standards
1 207 (18.58%) .NET
2 162 (14.54%) Spring
3 111 (9.96%) AngularJS
4 108 (9.69%) Kafka
5 93 (8.35%) Middleware
6 84 (7.54%) REST
7 76 (6.82%) HTML
8 69 (6.19%) Spring Boot
9 66 (5.92%) FIX Protocol
10 64 (5.75%) Web Services
11 58 (5.21%) HTML5
12 56 (5.03%) .NET Core
12 56 (5.03%) Hibernate
13 54 (4.85%) .NET Framework
14 50 (4.49%) Apache Camel
14 50 (4.49%) RESTful
15 42 (3.77%) XML
16 39 (3.50%) React
17 38 (3.41%) Spring Integration
18 30 (2.69%) JTS
Miscellaneous
1 231 (20.74%) Foreign Exchange (FX)
2 180 (16.16%) Derivative
3 142 (12.75%) Fixed Income
4 71 (6.37%) Equities
5 68 (6.10%) Data Structures
6 53 (4.76%) Market Risk
7 50 (4.49%) Greenfield Project
8 35 (3.14%) User Experience
9 33 (2.96%) Algorithms
10 26 (2.33%) Grid Computing
11 24 (2.15%) Virtual Team
12 23 (2.06%) Credit Risk
13 19 (1.71%) Hedge funds
13 19 (1.71%) Interest Rate Derivative
14 17 (1.53%) Credit Derivative
15 16 (1.44%) Equity Derivative
16 12 (1.08%) Self-Motivation
17 10 (0.90%) Enterprise Software
17 10 (0.90%) Management Information System
17 10 (0.90%) Mobile Banking
Operating Systems
1 155 (13.91%) Linux
2 108 (9.69%) Windows
3 86 (7.72%) Unix
4 5 (0.45%) Windows 10
5 4 (0.36%) Android
6 3 (0.27%) Apple iOS
7 2 (0.18%) Mac OS
7 2 (0.18%) Windows Server
7 2 (0.18%) Windows Server 2012
8 1 (0.090%) Mac OS X
8 1 (0.090%) Red Hat Enterprise Linux
8 1 (0.090%) Windows 7
Processes & Methodologies
1 408 (36.62%) Agile Software Development
2 191 (17.15%) Multithreading
3 169 (15.17%) DevOps
4 154 (13.82%) Electronic Trading
5 141 (12.66%) Low Latency
6 128 (11.49%) Scrum
7 127 (11.40%) TDD
8 96 (8.62%) Software Engineering
9 94 (8.44%) Unit Testing
10 89 (7.99%) Multithreaded Programming
11 83 (7.45%) SDLC
12 81 (7.27%) Microservices
13 80 (7.18%) Continuous Integration
14 78 (7.00%) Problem-Solving
15 77 (6.91%) Analytics
16 74 (6.64%) Performance Tuning
17 73 (6.55%) Risk Management
18 71 (6.37%) Test Automation
19 62 (5.57%) Refactoring
20 57 (5.12%) Mathematics
Programming Languages
1 486 (43.63%) Java
2 344 (30.88%) SQL
3 252 (22.62%) C#
4 202 (18.13%) Python
5 163 (14.63%) C++
6 93 (8.35%) JavaScript
7 90 (8.08%) Scala
8 64 (5.75%) Java 8
9 56 (5.03%) PL/SQL
10 54 (4.85%) TypeScript
11 22 (1.97%) C
12 21 (1.89%) Haskell
13 18 (1.62%) Java 9
14 16 (1.44%) T-SQL
15 13 (1.17%) Groovy
16 12 (1.08%) Perl
16 12 (1.08%) PHP
17 11 (0.99%) Kotlin
18 8 (0.72%) Bash Shell
18 8 (0.72%) Shell Script
Qualifications
1 86 (7.72%) Degree
2 17 (1.53%) Numerate Degree
3 13 (1.17%) Computer Science Degree
4 8 (0.72%) PhD
5 5 (0.45%) FFIEC
6 4 (0.36%) CFA
6 4 (0.36%) CISA
6 4 (0.36%) Cisco Certification
6 4 (0.36%) ISACA
7 3 (0.27%) ACCA
7 3 (0.27%) Microsoft Certification
7 3 (0.27%) PMP
8 2 (0.18%) CCIE
8 2 (0.18%) CCNA
8 2 (0.18%) CCNP
8 2 (0.18%) ITIL Certification
8 2 (0.18%) MBA
8 2 (0.18%) MCP
8 2 (0.18%) MCSE
8 2 (0.18%) PRINCE2 Certification
Quality Assurance & Compliance
1 33 (2.96%) QA
2 19 (1.71%) MiFID
2 19 (1.71%) PMO
3 17 (1.53%) Data Quality
4 9 (0.81%) SLA
5 8 (0.72%) ISO/IEC 27005
6 7 (0.63%) FATCA
7 6 (0.54%) Dodd-Frank
7 6 (0.54%) EMIR
7 6 (0.54%) ISO/IEC 27001
8 5 (0.45%) NIST
8 5 (0.45%) NIST 800
9 4 (0.36%) COBIT
10 3 (0.27%) ISO 20022
11 2 (0.18%) Basel III
12 1 (0.090%) COREP
12 1 (0.090%) FINREP
12 1 (0.090%) ISO 15022
12 1 (0.090%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
12 1 (0.090%) TARGET2
System Software
1 82 (7.36%) Docker
2 20 (1.80%) Platform Symphony
3 10 (0.90%) GridGain
4 7 (0.63%) Active Directory
4 7 (0.63%) HDFS
5 3 (0.27%) Virtual Desktop
6 2 (0.18%) Apache Flume
6 2 (0.18%) EMC RecoverPoint
6 2 (0.18%) vSphere
7 1 (0.090%) Virtual Machines
Systems Management
1 71 (6.37%) Kubernetes
2 39 (3.50%) Ansible
3 20 (1.80%) Puppet
4 19 (1.71%) ITRS Geneos
4 19 (1.71%) Terraform
5 9 (0.81%) Opscode Chef
6 8 (0.72%) CA Single Sign-On
6 8 (0.72%) HP Fortify
7 7 (0.63%) BladeLogic
8 3 (0.27%) Control-M
8 3 (0.27%) Docker Swarm
8 3 (0.27%) Mesos
8 3 (0.27%) Rancher
8 3 (0.27%) SCCM
9 2 (0.18%) NetBackup
9 2 (0.18%) SCOM
10 1 (0.090%) Backup Exec
10 1 (0.090%) Microsoft Intune
10 1 (0.090%) Salt
10 1 (0.090%) Systems Management Server (SMS)
Vendors
1 200 (17.95%) Oracle
2 82 (7.36%) Microsoft
3 33 (2.96%) ION Trading
3 33 (2.96%) TIBCO
4 32 (2.87%) Atlassian
4 32 (2.87%) IBM
5 26 (2.33%) Citrix
6 21 (1.89%) FIS
6 21 (1.89%) SunGard
6 21 (1.89%) Sybase
7 20 (1.80%) DevExpress
8 19 (1.71%) Google
9 17 (1.53%) Splunk
10 16 (1.44%) Murex
11 12 (1.08%) Databricks
12 11 (0.99%) Bloomberg
12 11 (0.99%) SAP
12 11 (0.99%) Solace
13 10 (0.90%) BiZZdesign
14 9 (0.81%) RedGate