Period
to 11 April 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 11 April 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
11 Apr 2021
Same period 2020 Same period 2019
Rank 121 220 236
Rank change year-on-year +99 +16 -90
Contract jobs citing Investment Banking 863 654 1,099
As % of all contract jobs advertised in England 2.07% 1.22% 1.24%
As % of the General category 4.99% 3.31% 3.15%
Number of daily rates quoted 654 461 818
10th Percentile £475 £431 £400
25th Percentile £569 £525 £475
Median daily rate (50th Percentile) £650 £625 £575
Median % change year-on-year +4.00% +8.70% -4.17%
75th Percentile £725 £700 £675
90th Percentile £775 £738 £775
UK median daily rate £650 £613 £550
% change year-on-year +6.12% +11.36% -5.17%
Number of hourly rates quoted 1 6 9
10th Percentile " £15.56 £14.00
25th Percentile £22.25 £17.81 "
Median hourly rate £22.50 £22.25 £15.00
Median % change year-on-year +1.12% +48.33% -
75th Percentile £22.75 £40.69 "
90th Percentile " £46.00 £19.95
UK median hourly rate £22.50 £22.25 £15.00
% change year-on-year +1.12% +48.33% -

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 17,278 19,751 34,937
As % of all contract IT jobs advertised in England 41.38% 36.84% 39.55%
Number of daily rates quoted 11,835 13,278 23,698
10th Percentile £313 £280 £305
25th Percentile £405 £400 £400
Median daily rate (50th Percentile) £500 £500 £500
75th Percentile £613 £600 £590
90th Percentile £700 £688 £675
UK median daily rate £500 £480 £483
% change year-on-year +4.17% -0.62% +1.68%
Number of hourly rates quoted 666 629 853
10th Percentile £12.25 £12.44 £12.25
25th Percentile £15.04 £15.25 £15.00
Median hourly rate £23.50 £21.00 £21.18
Median % change year-on-year +11.90% -0.85% -1.49%
75th Percentile £43.75 £43.75 £41.50
90th Percentile £53.38 £52.50 £50.00
UK median hourly rate £24.00 £21.41 £21.00
% change year-on-year +12.10% +1.95% -

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 11 April 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 11 April 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 +36 846 £650 +4.00% 84
North of England +61 6 £635 +262.86% 2
North West +31 6 £635 +262.86% 2
South East +71 1 £488 -9.30%
East of England +39 1 £700 +64.71% 3
Midlands +23 1 £400 -
West Midlands +11 1 £400 -
Investment Banking
UK

For the 6 months to 11 April 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.

1 863 (100.00%) Banking
2 402 (46.58%) Java
3 350 (40.56%) Front Office
4 327 (37.89%) Finance
5 282 (32.68%) Agile Software Development
6 222 (25.72%) SQL
7 183 (21.21%) C#
7 183 (21.21%) Foreign Exchange (FX)
8 153 (17.73%) Multithreading
9 141 (16.34%) Low Latency
10 132 (15.30%) C++
11 128 (14.83%) Electronic Trading
12 126 (14.60%) Python
13 124 (14.37%) Fixed Income
14 120 (13.90%) .NET
15 119 (13.79%) Spring
16 116 (13.44%) Oracle
17 113 (13.09%) Scrum
18 112 (12.98%) Derivative
18 112 (12.98%) DevOps
19 106 (12.28%) Linux
20 96 (11.12%) TDD
20 96 (11.12%) Analytical Skills
21 91 (10.54%) Git (software)
22 86 (9.97%) Kafka
23 85 (9.85%) Scala
24 83 (9.62%) Problem-Solving
25 79 (9.15%) Analytics
26 76 (8.81%) Risk Management
27 69 (8.00%) 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 54 (6.26%) Apache Spark
2 42 (4.87%) Mule
3 37 (4.29%) Red Hat Fuse
4 25 (2.90%) Oracle Coherence
5 23 (2.67%) Confluence
6 17 (1.97%) Apache
7 13 (1.51%) JBoss
8 5 (0.58%) IIS
9 3 (0.35%) Apache Pig
9 3 (0.35%) Oracle SOA Suite
9 3 (0.35%) SAS
9 3 (0.35%) SharePoint
9 3 (0.35%) WebSphere
10 2 (0.23%) DataSynapse
10 2 (0.23%) Jupyter
10 2 (0.23%) Tomcat
11 1 (0.12%) Apache Airflow
11 1 (0.12%) MQSeries
11 1 (0.12%) MTS
11 1 (0.12%) Oracle Workflow
Applications
1 19 (2.20%) Microsoft Excel
2 11 (1.27%) Microsoft Office
2 11 (1.27%) Microsoft PowerPoint
3 4 (0.46%) Chatbot
3 4 (0.46%) Microsoft Project
3 4 (0.46%) MS Visio
3 4 (0.46%) Spreadsheet
Business Applications
1 6 (0.70%) Oracle Assets
1 6 (0.70%) Oracle EBS
1 6 (0.70%) Oracle E-Business Tax
1 6 (0.70%) Oracle FAH
1 6 (0.70%) Oracle Financials
1 6 (0.70%) Oracle General Ledger
1 6 (0.70%) Oracle Internet Expenses
1 6 (0.70%) Oracle iProcurement
1 6 (0.70%) Oracle Payables
1 6 (0.70%) Oracle Receivables
1 6 (0.70%) Oracle Subledger Accounting
1 6 (0.70%) SunGard Martini
2 3 (0.35%) ION MarketView
3 2 (0.23%) Loan IQ
3 2 (0.23%) Orchestrade
3 2 (0.23%) Summit
4 1 (0.12%) Global One
4 1 (0.12%) PolarLake
4 1 (0.12%) Sentinel
4 1 (0.12%) Temenos T24
Cloud Services
1 37 (4.29%) Azure
2 34 (3.94%) AWS
3 18 (2.09%) GCP
4 16 (1.85%) NuGet
5 13 (1.51%) OpenShift
6 12 (1.39%) GitHub
7 10 (1.16%) Cloud Computing
8 6 (0.70%) npm
8 6 (0.70%) Yarn
9 4 (0.46%) Apigee
10 3 (0.35%) IaaS
10 3 (0.35%) Microsoft 365
10 3 (0.35%) SaaS
11 2 (0.23%) AWS Lambda
11 2 (0.23%) Boomi
11 2 (0.23%) CloudBees
11 2 (0.23%) Power Platform
11 2 (0.23%) Salesforce Sales Cloud
11 2 (0.23%) Serverless
11 2 (0.23%) Stackdriver
Communications & Networking
1 22 (2.55%) Firewall
2 18 (2.09%) Multicast
3 13 (1.51%) FIX Connectivity
4 10 (1.16%) HTTP
5 9 (1.04%) Wireshark
6 7 (0.81%) tcpdump
7 6 (0.70%) TCP/IP
8 5 (0.58%) SSL
9 4 (0.46%) Kerberos
9 4 (0.46%) NAS
10 3 (0.35%) LAN
10 3 (0.35%) VPN
10 3 (0.35%) WAN
11 2 (0.23%) Cisco Nexus
11 2 (0.23%) OSPF
11 2 (0.23%) VLAN
12 1 (0.12%) Internet
12 1 (0.12%) Network Security
Database & Business Intelligence
1 69 (8.00%) SQL Server
2 50 (5.79%) Big Data
3 48 (5.56%) NoSQL
4 44 (5.10%) Hadoop
5 39 (4.52%) Data Warehouse
6 34 (3.94%) Relational Database
7 33 (3.82%) MongoDB
8 32 (3.71%) Apache Cassandra
9 21 (2.43%) Oracle Database
10 18 (2.09%) Oracle Database 12c
11 14 (1.62%) MySQL
12 13 (1.51%) Apache Hive
13 12 (1.39%) Apache Ignite
13 12 (1.39%) Flink
13 12 (1.39%) HBase
14 11 (1.27%) Hazelcast
14 11 (1.27%) Oracle Database 11g
15 10 (1.16%) Microsoft Analysis Services
16 9 (1.04%) Couchbase
16 9 (1.04%) Tableau
Development Applications
1 91 (10.54%) Git (software)
2 48 (5.56%) JIRA
3 37 (4.29%) Visual Studio
4 36 (4.17%) Bitbucket
4 36 (4.17%) Subversion
5 32 (3.71%) Maven
6 28 (3.24%) TeamCity
7 22 (2.55%) Jenkins
8 17 (1.97%) Artifactory
9 16 (1.85%) Cucumber
10 15 (1.74%) JUnit
11 13 (1.51%) Atlassian Bamboo
11 13 (1.51%) jMock
12 10 (1.16%) FishEye
12 10 (1.16%) Hudson
12 10 (1.16%) PowerDesigner
13 8 (0.93%) GCC
13 8 (0.93%) GDB
13 8 (0.93%) webpack
14 6 (0.70%) CppUnit
General
1 863 (100.00%) Banking
2 350 (40.56%) Front Office
3 327 (37.89%) Finance
4 23 (2.67%) Back Office
5 22 (2.55%) Retail
6 18 (2.09%) Financial Institution
7 16 (1.85%) Retail Banking
8 14 (1.62%) Corporate Banking
8 14 (1.62%) Legal
9 10 (1.16%) French Language
10 5 (0.58%) International Banking
11 4 (0.46%) Law
11 4 (0.46%) Marketing
11 4 (0.46%) Private Banking
12 3 (0.35%) Aerospace
12 3 (0.35%) Prime Brokerage
12 3 (0.35%) Public Sector
13 2 (0.23%) General Ledger
13 2 (0.23%) Publishing
14 1 (0.12%) Wholesale Banking
Job Titles
1 531 (61.53%) Developer
2 296 (34.30%) Java Developer
3 137 (15.87%) Senior Developer
4 112 (12.98%) Analyst
5 91 (10.54%) Front Office Developer
5 91 (10.54%) Investment Banking Java Developer
6 88 (10.20%) Senior Java Developer
7 84 (9.73%) C# Developer
8 79 (9.15%) Business Analyst
9 54 (6.26%) C++ Developer
10 46 (5.33%) C# Developer - Investment Banking
10 46 (5.33%) Electronic Trading Developer
11 43 (4.98%) Electronic Trading Java Developer
12 39 (4.52%) SQL Developer
13 38 (4.40%) Quantitative Developer
14 35 (4.06%) Banking Analyst
14 35 (4.06%) Integration Developer
14 35 (4.06%) Investment Banking Business Analyst
15 34 (3.94%) Investment Banking C++ Developer
15 34 (3.94%) Project Manager
Libraries, Frameworks & Software Standards
1 120 (13.90%) .NET
2 119 (13.79%) Spring
3 86 (9.97%) Kafka
4 68 (7.88%) Middleware
5 67 (7.76%) REST
6 58 (6.72%) Web Services
7 54 (6.26%) AngularJS
8 53 (6.14%) FIX Protocol
8 53 (6.14%) HTML
9 46 (5.33%) HTML5
10 45 (5.21%) Apache Camel
10 45 (5.21%) Hibernate
11 40 (4.63%) .NET Core
11 40 (4.63%) Spring Boot
11 40 (4.63%) Spring Integration
12 37 (4.29%) React
13 29 (3.36%) .NET Framework
13 29 (3.36%) RESTful
14 28 (3.24%) XML
15 26 (3.01%) CSS
Miscellaneous
1 183 (21.21%) Foreign Exchange (FX)
2 124 (14.37%) Fixed Income
3 112 (12.98%) Derivative
4 96 (11.12%) Analytical Skills
5 56 (6.49%) Equities
6 54 (6.26%) Data Structures
7 33 (3.82%) Greenfield Project
8 32 (3.71%) Credit Risk
8 32 (3.71%) Market Risk
9 26 (3.01%) Grid Computing
10 24 (2.78%) Virtual Team
11 21 (2.43%) Algorithms
12 18 (2.09%) User Experience
13 17 (1.97%) Hedge funds
14 16 (1.85%) Credit Derivative
15 11 (1.27%) Self-Motivation
16 9 (1.04%) Equity Derivative
16 9 (1.04%) Reference Data
17 8 (0.93%) Management Information System
18 7 (0.81%) N-Tier
Operating Systems
1 106 (12.28%) Linux
2 62 (7.18%) Unix
3 61 (7.07%) Windows
4 5 (0.58%) Windows Server
5 3 (0.35%) Red Hat Enterprise Linux
5 3 (0.35%) Solaris
5 3 (0.35%) Windows XP
6 2 (0.23%) Windows Server 2008
6 2 (0.23%) Windows Server 2012
6 2 (0.23%) Windows Server 2016
6 2 (0.23%) Windows Server 2019
7 1 (0.12%) Apple iOS
7 1 (0.12%) Windows 10
Processes & Methodologies
1 282 (32.68%) Agile Software Development
2 153 (17.73%) Multithreading
3 141 (16.34%) Low Latency
4 128 (14.83%) Electronic Trading
5 113 (13.09%) Scrum
6 112 (12.98%) DevOps
7 96 (11.12%) TDD
8 83 (9.62%) Problem-Solving
9 79 (9.15%) Analytics
10 76 (8.81%) Risk Management
11 68 (7.88%) SDLC
12 65 (7.53%) Multithreaded Programming
12 65 (7.53%) Test Automation
13 62 (7.18%) Microservices
13 62 (7.18%) Unit Testing
14 59 (6.84%) BDD
15 58 (6.72%) Performance Tuning
16 55 (6.37%) Software Engineering
17 53 (6.14%) Mathematics
18 52 (6.03%) Algorithmic Trading
Programming Languages
1 402 (46.58%) Java
2 222 (25.72%) SQL
3 183 (21.21%) C#
4 132 (15.30%) C++
5 126 (14.60%) Python
6 85 (9.85%) Scala
7 66 (7.65%) JavaScript
8 37 (4.29%) PL/SQL
9 34 (3.94%) Java 8
10 25 (2.90%) TypeScript
11 21 (2.43%) C
12 17 (1.97%) T-SQL
13 14 (1.62%) Java 9
14 9 (1.04%) Groovy
15 8 (0.93%) Haskell
15 8 (0.93%) VBA
16 7 (0.81%) Kotlin
16 7 (0.81%) Perl
16 7 (0.81%) PowerShell
16 7 (0.81%) VB
Qualifications
1 68 (7.88%) Degree
2 26 (3.01%) Numerate Degree
3 11 (1.27%) Computer Science Degree
4 8 (0.93%) PhD
5 5 (0.58%) FFIEC
6 4 (0.46%) CISA
6 4 (0.46%) Cisco Certification
6 4 (0.46%) ISACA
7 3 (0.35%) ISTQB
8 2 (0.23%) CCIE
8 2 (0.23%) CCNP
8 2 (0.23%) CCSP
8 2 (0.23%) CISM
8 2 (0.23%) CISSP
8 2 (0.23%) GCFA
8 2 (0.23%) GCIA
8 2 (0.23%) GCIH
8 2 (0.23%) PRINCE2 Certification
8 2 (0.23%) SC Cleared
8 2 (0.23%) Security Cleared
Quality Assurance & Compliance
1 24 (2.78%) QA
2 11 (1.27%) MiFID
3 8 (0.93%) Data Quality
3 8 (0.93%) NIST
4 7 (0.81%) COREP
4 7 (0.81%) PMO
4 7 (0.81%) SLA
5 6 (0.70%) COBIT
5 6 (0.70%) Dodd-Frank
5 6 (0.70%) ISO/IEC 27001
6 5 (0.58%) EMIR
6 5 (0.58%) ISO/IEC 27005
6 5 (0.58%) NIST 800
7 4 (0.46%) ISO 20022
8 3 (0.35%) Basel III
8 3 (0.35%) FATCA
8 3 (0.35%) GDPR
9 2 (0.23%) Sarbanes-Oxley
10 1 (0.12%) CRD IV
10 1 (0.12%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 53 (6.14%) Docker
2 13 (1.51%) Platform Symphony
3 10 (1.16%) GridGain
4 8 (0.93%) HDFS
5 3 (0.35%) Apache Flume
6 2 (0.23%) Active Directory
6 2 (0.23%) VMware ESXi
6 2 (0.23%) VMware Infrastructure
7 1 (0.12%) Virtual Machines
Systems Management
1 50 (5.79%) Kubernetes
2 27 (3.13%) Ansible
3 9 (1.04%) ITRS Geneos
3 9 (1.04%) Terraform
4 8 (0.93%) Puppet
5 4 (0.46%) CA Single Sign-On
5 4 (0.46%) HP Fortify
6 3 (0.35%) Control-M
7 2 (0.23%) CSIRT
8 1 (0.12%) Backup Exec
8 1 (0.12%) BladeLogic
8 1 (0.12%) Docker Swarm
8 1 (0.12%) Istio
8 1 (0.12%) Kibana
8 1 (0.12%) Mesos
8 1 (0.12%) Opscode Chef
8 1 (0.12%) Rancher
8 1 (0.12%) SCCM
Vendors
1 116 (13.44%) Oracle
2 36 (4.17%) Microsoft
3 32 (3.71%) Atlassian
4 29 (3.36%) TIBCO
5 24 (2.78%) ION Trading
6 20 (2.32%) IBM
7 17 (1.97%) Murex
7 17 (1.97%) Sybase
8 11 (1.27%) DevExpress
9 10 (1.16%) BiZZdesign
9 10 (1.16%) Databricks
9 10 (1.16%) Google
9 10 (1.16%) SAP
9 10 (1.16%) Splunk
10 9 (1.04%) Cisco
10 9 (1.04%) Citrix
10 9 (1.04%) Salesforce.com
11 8 (0.93%) MapR
12 7 (0.81%) Bloomberg
13 6 (0.70%) SunGard