Period
to 30 October 2020

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 30 October 2020 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
30 Oct 2020
Same period 2019 Same period 2018
Rank 88 210 181
Rank change year-on-year +122 -29 -96
Contract jobs citing Investment Banking 754 994 1,472
As % of all contract jobs advertised in England 2.69% 1.28% 1.56%
As % of the General category 6.42% 3.36% 3.89%
Number of daily rates quoted 597 717 1,182
Median daily rate £615 £600 £600
Median daily rate % change year-on-year +2.50% - +4.35%
10th Percentile £463 £371 £413
90th Percentile £800 £730 £750
UK median daily rate £600 £575 £600
% change year-on-year +4.35% -4.17% +6.19%
Number of hourly rates quoted 0 9 2
Median hourly rate - £44.00 £16.00
Median hourly rate % change year-on-year - +175.00% +6.67%
UK median hourly rate - £44.00 £16.00
% change year-on-year - +175.00% +6.67%

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 11,749 29,597 37,861
As % of all contract IT jobs advertised in England 41.91% 38.22% 40.01%
Number of daily rates quoted 7,655 19,297 25,074
Median daily rate £500 £493 £475
Median daily rate % change year-on-year +1.52% +3.68% +0.48%
10th Percentile £300 £300 £300
90th Percentile £713 £688 £675
UK median daily rate £500 £475 £475
% change year-on-year +5.26% - +5.56%
Number of hourly rates quoted 417 892 1,011
Median hourly rate £28.28 £21.99 £22.00
Median hourly rate % change year-on-year +28.60% -0.05% -2.22%
10th Percentile £12.75 £12.45 £12.25
90th Percentile £51.23 £50.00 £48.75
Median hourly rate £27.99 £22.00 £21.50
% change year-on-year +27.23% +2.33% -4.44%

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 30 October 2020.

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 30 October 2020. 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 +58 741 £620 +3.33% 54
Midlands +82 6 £338 -18.06%
West Midlands +70 6 £338 -32.40%
South East +169 3 £488 -4.88%
East of England +66 1 £263 -22.22% 1
Investment Banking
UK

For the 6 months to 30 October 2020, 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.

1 754 (100.00%) Banking
2 402 (53.32%) Java
3 372 (49.34%) Finance
4 331 (43.90%) Front Office
5 283 (37.53%) Agile Software Development
6 248 (32.89%) Fixed Income
7 237 (31.43%) Python
8 197 (26.13%) SQL
9 189 (25.07%) Foreign Exchange (FX)
10 178 (23.61%) Derivative
11 171 (22.68%) JavaScript
12 162 (21.49%) Web Services
13 156 (20.69%) Equities
14 153 (20.29%) AngularJS
15 139 (18.44%) Asset Management
16 138 (18.30%) AWS
17 137 (18.17%) Software Engineering
18 136 (18.04%) C#
19 130 (17.24%) React
20 125 (16.58%) Hedge funds
21 120 (15.92%) Investment Management
22 109 (14.46%) DevOps
23 101 (13.40%) Linux
24 99 (13.13%) Azure
25 96 (12.73%) C++
26 94 (12.47%) Multithreading
26 94 (12.47%) Business Analysis
26 94 (12.47%) Vue.js
27 91 (12.07%) GCP
28 87 (11.54%) 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 27 (3.58%) Mule
2 24 (3.18%) Red Hat Fuse
3 21 (2.79%) Apache Spark
4 15 (1.99%) Confluence
5 12 (1.59%) Elasticsearch
5 12 (1.59%) JBoss
6 10 (1.33%) MTS
7 8 (1.06%) SharePoint
8 5 (0.66%) IIS
9 3 (0.40%) Apache
9 3 (0.40%) SharePoint 2010
10 2 (0.27%) DataSynapse
10 2 (0.27%) IBM HTTP Server
10 2 (0.27%) Oracle Workflow
10 2 (0.27%) SAS
10 2 (0.27%) SharePoint 2013
11 1 (0.13%) CMS
11 1 (0.13%) Oracle Coherence
11 1 (0.13%) Tornado
11 1 (0.13%) WebSphere
Applications
1 13 (1.72%) Microsoft Excel
2 10 (1.33%) Chatbot
3 5 (0.66%) Microsoft Office
4 4 (0.53%) Microsoft PowerPoint
5 3 (0.40%) Sketch
5 3 (0.40%) Spreadsheet
6 2 (0.27%) Adobe Illustrator
6 2 (0.27%) Microsoft Project
7 1 (0.13%) MS Visio
Business Applications
1 16 (2.12%) ION MarketView
2 13 (1.72%) SunGard Martini
3 11 (1.46%) Bloomberg TOMS
4 6 (0.80%) HiPortfolio
5 2 (0.27%) Distributed Ledger
5 2 (0.27%) Endur
5 2 (0.27%) RMDS
6 1 (0.13%) Global One
6 1 (0.13%) MultiFonds
6 1 (0.13%) Oracle AML
6 1 (0.13%) Oracle Subledger Accounting
6 1 (0.13%) Refinitiv Enterprise Platform
6 1 (0.13%) SimCorp Dimension
6 1 (0.13%) Sophis RISQUE
6 1 (0.13%) Sparx Enterprise Architect
6 1 (0.13%) SunGard GMI
6 1 (0.13%) Temenos Globus
6 1 (0.13%) Temenos T24
Cloud Services
1 138 (18.30%) AWS
2 99 (13.13%) Azure
3 91 (12.07%) GCP
4 29 (3.85%) Serverless
5 27 (3.58%) Amazon EC2
5 27 (3.58%) Amazon S3
5 27 (3.58%) AWS Lambda
6 11 (1.46%) Cloud Computing
6 11 (1.46%) OpenShift
7 6 (0.80%) npm
7 6 (0.80%) Office 365
7 6 (0.80%) PaaS
7 6 (0.80%) SaaS
7 6 (0.80%) Yarn
8 5 (0.66%) GitHub
8 5 (0.66%) Power Platform
9 4 (0.53%) IaaS
10 2 (0.27%) Amazon ECS
10 2 (0.27%) Amazon SQS
10 2 (0.27%) SuccessFactors
Communications & Networking
1 12 (1.59%) Firewall
1 12 (1.59%) Multicast
2 8 (1.06%) Kerberos
3 7 (0.93%) FIX Connectivity
3 7 (0.93%) TCP/IP
4 6 (0.80%) Internet
4 6 (0.80%) Wireshark
5 5 (0.66%) SSL
6 4 (0.53%) HTTP
6 4 (0.53%) VPN
7 3 (0.40%) HTTPS
7 3 (0.40%) LAN
7 3 (0.40%) RTMP
7 3 (0.40%) WAN
8 2 (0.27%) AMQP
8 2 (0.27%) BIG-IP
9 1 (0.13%) DMZ
9 1 (0.13%) Intranet
9 1 (0.13%) Reverse Proxy
9 1 (0.13%) tcpdump
Database & Business Intelligence
1 87 (11.54%) SQL Server
2 48 (6.37%) Relational Database
3 45 (5.97%) MongoDB
4 31 (4.11%) NoSQL
5 27 (3.58%) Amazon DynamoDB
6 24 (3.18%) Oracle Database
7 23 (3.05%) Data Warehouse
8 19 (2.52%) Hazelcast
8 19 (2.52%) MySQL
9 17 (2.25%) Hadoop
10 16 (2.12%) Oracle Database 12c
11 15 (1.99%) SQL Server Integration Services
12 14 (1.86%) Big Data
13 11 (1.46%) SQL Server Analysis Services
13 11 (1.46%) SQL Server Reporting Services
14 10 (1.33%) Redis
15 8 (1.06%) Apache Cassandra
16 6 (0.80%) Data Mining
16 6 (0.80%) Oracle Database 11g
16 6 (0.80%) PostgreSQL
Development Applications
1 58 (7.69%) Git (software)
2 41 (5.44%) RStudio
3 36 (4.77%) JIRA
3 36 (4.77%) Subversion
4 28 (3.71%) Maven
5 22 (2.92%) JUnit
6 21 (2.79%) Visual Studio
7 19 (2.52%) Cucumber
7 19 (2.52%) Jenkins
8 11 (1.46%) Atlassian Bamboo
8 11 (1.46%) CppUnit
8 11 (1.46%) jMock
8 11 (1.46%) Oracle APEX
9 10 (1.33%) GCC
9 10 (1.33%) GDB
9 10 (1.33%) Hudson
10 9 (1.19%) FishEye
10 9 (1.19%) Selenium
10 9 (1.19%) TeamCity
11 7 (0.93%) Gradle
General
1 754 (100.00%) Banking
2 372 (49.34%) Finance
3 331 (43.90%) Front Office
4 23 (3.05%) Retail Banking
5 22 (2.92%) Retail
6 20 (2.65%) Back Office
7 16 (2.12%) French Language
8 12 (1.59%) Financial Institution
9 11 (1.46%) Corporate Banking
10 6 (0.80%) Law
11 5 (0.66%) Advertising
12 4 (0.53%) Legal
12 4 (0.53%) Marketing
13 3 (0.40%) International Banking
14 2 (0.27%) Prime Brokerage
14 2 (0.27%) Telecoms
15 1 (0.13%) German Language
15 1 (0.13%) Private Banking
Job Titles
1 521 (69.10%) Developer
2 214 (28.38%) Java Developer
3 100 (13.26%) Senior Developer
4 90 (11.94%) Analyst
5 76 (10.08%) Senior Java Developer
6 70 (9.28%) AWS Developer
6 70 (9.28%) Python Developer
7 66 (8.75%) JavaScript Developer
8 65 (8.62%) Front Office Developer
9 64 (8.49%) AWS Engineer
10 60 (7.96%) Business Analyst
11 52 (6.90%) Software Engineer
12 51 (6.76%) C++ Developer
12 51 (6.76%) Developer/Software Engineer
13 50 (6.63%) C# Developer
14 40 (5.31%) Investment Banking Java Developer
15 37 (4.91%) JavaScript Engineer
15 37 (4.91%) Python Engineer
16 35 (4.64%) Python Software Engineer
17 34 (4.51%) Pricing Developer
Libraries, Frameworks & Software Standards
1 162 (21.49%) Web Services
2 153 (20.29%) AngularJS
3 130 (17.24%) React
4 94 (12.47%) Vue.js
5 79 (10.48%) Spring
6 77 (10.21%) .NET
7 64 (8.49%) Node.js
8 49 (6.50%) Middleware
9 44 (5.84%) REST
10 39 (5.17%) HTML
11 31 (4.11%) CSS
12 29 (3.85%) Boost C++ Libraries
12 29 (3.85%) STL
12 29 (3.85%) XML
13 28 (3.71%) Apache Camel
13 28 (3.71%) Hibernate
14 26 (3.45%) Kafka
14 26 (3.45%) Spring Integration
15 24 (3.18%) HTML5
16 22 (2.92%) WPF
Miscellaneous
1 248 (32.89%) Fixed Income
2 189 (25.07%) Foreign Exchange (FX)
3 178 (23.61%) Derivative
4 156 (20.69%) Equities
5 125 (16.58%) Hedge funds
6 50 (6.63%) Analytical Skills
7 28 (3.71%) User Experience
8 24 (3.18%) Blog
9 23 (3.05%) Virtual Team
10 19 (2.52%) Credit Risk
11 18 (2.39%) Data Structures
12 16 (2.12%) Management Information System
13 14 (1.86%) Market Risk
14 13 (1.72%) Greenfield Project
15 11 (1.46%) Mobile Banking
16 10 (1.33%) Eurex
17 9 (1.19%) Algorithms
18 8 (1.06%) Robotics
19 7 (0.93%) Grid Computing
20 6 (0.80%) Equity Derivative
Operating Systems
1 101 (13.40%) Linux
2 61 (8.09%) Windows
3 49 (6.50%) Unix
4 10 (1.33%) Windows Server
5 5 (0.66%) Windows Server 2019
6 4 (0.53%) Solaris
6 4 (0.53%) Windows 10
6 4 (0.53%) Windows Server 2008
6 4 (0.53%) Windows Server 2012
6 4 (0.53%) Windows Server 2016
7 3 (0.40%) Red Hat Enterprise Linux
7 3 (0.40%) Windows XP
8 1 (0.13%) AIX
8 1 (0.13%) Apple iOS
8 1 (0.13%) SUSE Linux Enterprise Server
Processes & Methodologies
1 283 (37.53%) Agile Software Development
2 139 (18.44%) Asset Management
3 137 (18.17%) Software Engineering
4 120 (15.92%) Investment Management
5 109 (14.46%) DevOps
6 94 (12.47%) Business Analysis
6 94 (12.47%) Multithreading
7 83 (11.01%) Electronic Trading
7 83 (11.01%) Low Latency
8 75 (9.95%) TDD
9 65 (8.62%) Problem-Solving
10 62 (8.22%) Analytics
11 59 (7.82%) Decision-Making
12 57 (7.56%) Portfolio Management
13 56 (7.43%) Scrum
14 53 (7.03%) SDLC
15 51 (6.76%) Risk Management
15 51 (6.76%) Test Automation
16 41 (5.44%) Computer Science
17 39 (5.17%) Technical Analysis
Programming Languages
1 402 (53.32%) Java
2 237 (31.43%) Python
3 197 (26.13%) SQL
4 171 (22.68%) JavaScript
5 136 (18.04%) C#
6 96 (12.73%) C++
7 39 (5.17%) Kotlin
8 30 (3.98%) TypeScript
9 24 (3.18%) Scala
10 19 (2.52%) T-SQL
11 17 (2.25%) Java 8
12 10 (1.33%) VBA
13 9 (1.19%) PowerShell
14 8 (1.06%) C
14 8 (1.06%) ES6
14 8 (1.06%) R
15 6 (0.80%) Perl
15 6 (0.80%) PL/SQL
16 4 (0.53%) Groovy
16 4 (0.53%) VB
Qualifications
1 40 (5.31%) Degree
2 16 (2.12%) Computer Science Degree
3 14 (1.86%) Numerate Degree
4 8 (1.06%) PhD
5 4 (0.53%) SC Cleared
5 4 (0.53%) Security Cleared
6 3 (0.40%) CISSP
7 2 (0.27%) (ISC)2 CCSP
7 2 (0.27%) CCSP
7 2 (0.27%) Cisco Certification
7 2 (0.27%) CISM
7 2 (0.27%) CREST Certified
7 2 (0.27%) GCFA
7 2 (0.27%) GCIA
7 2 (0.27%) GCIH
7 2 (0.27%) TOGAF Certification
8 1 (0.13%) ITIL Certification
8 1 (0.13%) ITIL Foundation Certificate
8 1 (0.13%) Master's Degree
8 1 (0.13%) PMP
Quality Assurance & Compliance
1 14 (1.86%) QA
2 8 (1.06%) Data Quality
3 6 (0.80%) COREP
4 4 (0.53%) NIST
5 3 (0.40%) ISO 20022
5 3 (0.40%) PMO
6 2 (0.27%) COBIT
6 2 (0.27%) Dodd-Frank
6 2 (0.27%) FINREP
6 2 (0.27%) PSD2
6 2 (0.27%) TARGET2
7 1 (0.13%) ISO/IEC 20000
7 1 (0.13%) ISO/IEC 27001
7 1 (0.13%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
7 1 (0.13%) SLA
System Software
1 25 (3.32%) Docker
2 16 (2.12%) Active Directory
3 6 (0.80%) VMware Infrastructure
4 4 (0.53%) VMware ESXi
5 3 (0.40%) GridGain
6 1 (0.13%) Microsoft App-V
6 1 (0.13%) Virtual Desktop
6 1 (0.13%) XenApp
6 1 (0.13%) XenDesktop
Systems Management
1 30 (3.98%) Kubernetes
2 18 (2.39%) Ansible
3 11 (1.46%) Terraform
4 9 (1.19%) ITRS Geneos
5 7 (0.93%) BladeLogic
6 4 (0.53%) Microsoft Clustering
7 3 (0.40%) Opscode Chef
7 3 (0.40%) Puppet
8 2 (0.27%) Consul
8 2 (0.27%) CSIRT
8 2 (0.27%) Grafana
8 2 (0.27%) Prometheus
8 2 (0.27%) SCCM
8 2 (0.27%) Single Sign-On
9 1 (0.13%) Control-M
9 1 (0.13%) IBM BigFix
9 1 (0.13%) Microsoft Intune
Vendors
1 73 (9.68%) Oracle
2 58 (7.69%) Google
3 35 (4.64%) ION Trading
4 25 (3.32%) Microsoft
5 22 (2.92%) Bloomberg
5 22 (2.92%) Sybase
6 14 (1.86%) Murex
6 14 (1.86%) SunGard
7 13 (1.72%) Atlassian
8 11 (1.46%) FIS
9 10 (1.33%) MarketAxess
9 10 (1.33%) Tradeweb
10 8 (1.06%) VMware
11 7 (0.93%) Reuters
11 7 (0.93%) Solace
11 7 (0.93%) Splunk
11 7 (0.93%) TIBCO
12 6 (0.80%) DevExpress
12 6 (0.80%) Red Hat
12 6 (0.80%) SimCorp