Period
to 7 August 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 7 August 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
7 Aug 2020
Same period 2019 Same period 2018
Rank 100 216 172
Rank change year-on-year +116 -44 -84
Contract jobs citing Investment Banking 727 1,066 1,560
As % of all contract jobs advertised in England 2.33% 1.28% 1.66%
As % of the General category 5.72% 3.26% 4.12%
Number of daily rates quoted 538 812 1,199
Median daily rate £625 £575 £600
Median daily rate % change year-on-year +8.70% -4.17% +4.35%
10th Percentile £463 £383 £409
90th Percentile £813 £750 £738
UK median daily rate £625 £550 £600
% change year-on-year +13.64% -8.33% +6.67%
Number of hourly rates quoted 2 5 2
Median hourly rate £26.75 £16.50 £14.75
Median hourly rate % change year-on-year +62.12% +11.86% -1.67%
10th Percentile £18.58 £15.00 £14.55
90th Percentile £33.53 £78.70 £14.95
UK median hourly rate £26.75 £16.50 £14.75
% change year-on-year +62.12% +11.86% -1.67%

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 12,708 32,656 37,900
As % of all contract IT jobs advertised in England 40.68% 39.30% 40.41%
Number of daily rates quoted 8,221 21,372 24,989
Median daily rate £500 £500 £475
Median daily rate % change year-on-year - +5.26% +5.56%
10th Percentile £300 £305 £300
90th Percentile £713 £675 £675
UK median daily rate £500 £488 £475
% change year-on-year +2.56% +2.63% +5.56%
Number of hourly rates quoted 460 854 966
Median hourly rate £31.39 £23.03 £22.79
Median hourly rate % change year-on-year +36.29% +1.06% +5.24%
10th Percentile £12.90 £12.75 £12.25
90th Percentile £52.50 £50.00 £48.75
Median hourly rate £30.58 £22.93 £21.90
% change year-on-year +33.34% +4.70% -1.02%

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 7 August 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
Hourly Rate Histogram in England

Hourly rate distribution of jobs citing Investment Banking in England over the 6 months to 7 August 2020.

Hourly rate histogram 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 7 August 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 +53 714 £638 +10.39% 56
Midlands +91 7 £550 +76.00%
West Midlands +71 6 - -
South East +169 2 £500 +5.26%
North of England +91 1 £175 -58.82%
South West +81 1 £575 +86.99%
North West +57 1 £175 -58.82%
East Midlands +53 1 £550 +201.37%
Investment Banking
UK

For the 6 months to 7 August 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.

1 727 (100.00%) Banking
2 420 (57.77%) Java
3 370 (50.89%) Finance
4 336 (46.22%) Front Office
5 298 (40.99%) Agile Software Development
6 252 (34.66%) Fixed Income
7 245 (33.70%) Python
8 221 (30.40%) Foreign Exchange (FX)
9 191 (26.27%) SQL
10 182 (25.03%) JavaScript
11 180 (24.76%) Derivative
12 164 (22.56%) Web Services
12 164 (22.56%) Equities
13 154 (21.18%) AngularJS
14 153 (21.05%) Asset Management
15 152 (20.91%) Software Engineering
16 147 (20.22%) DevOps
17 142 (19.53%) AWS
18 136 (18.71%) Hedge funds
19 135 (18.57%) React
20 130 (17.88%) C#
21 123 (16.92%) Business Analysis
22 116 (15.96%) Investment Management
23 107 (14.72%) Vue.js
24 103 (14.17%) Multithreading
25 102 (14.03%) Azure
26 94 (12.93%) GCP
27 93 (12.79%) SQL Server
28 87 (11.97%) Google
29 86 (11.83%) TDD

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 26 (3.58%) Apache Spark
2 18 (2.48%) Mule
3 14 (1.93%) Red Hat Fuse
4 12 (1.65%) Confluence
5 11 (1.51%) Elasticsearch
6 9 (1.24%) JBoss
6 9 (1.24%) SharePoint
7 8 (1.10%) Apache
8 6 (0.83%) MTS
8 6 (0.83%) Oracle Coherence
9 5 (0.69%) WebSphere
10 4 (0.55%) GlassFish
10 4 (0.55%) IIS
10 4 (0.55%) JCAPS
10 4 (0.55%) SharePoint 2013
10 4 (0.55%) WebLogic
10 4 (0.55%) WebSphere Application Server
11 3 (0.41%) Oracle Workflow
12 2 (0.28%) CMS
12 2 (0.28%) K2 blackpearl
Applications
1 28 (3.85%) Microsoft Excel
2 9 (1.24%) Chatbot
3 8 (1.10%) Microsoft Office
4 4 (0.55%) Sketch
4 4 (0.55%) Spreadsheet
5 3 (0.41%) Adobe Illustrator
6 2 (0.28%) Microsoft PowerPoint
7 1 (0.14%) Microsoft Project
7 1 (0.14%) Photoshop
Business Applications
1 15 (2.06%) ION MarketView
2 7 (0.96%) Bloomberg TOMS
3 6 (0.83%) SunGard Martini
4 3 (0.41%) RMDS
5 2 (0.28%) Markit EDM
5 2 (0.28%) PolarLake
6 1 (0.14%) Endur
6 1 (0.14%) FLEXCUBE
6 1 (0.14%) Front Arena
6 1 (0.14%) Misys Opics
6 1 (0.14%) Oracle AML
6 1 (0.14%) Oracle Cash Management
6 1 (0.14%) Oracle FAH
6 1 (0.14%) Oracle Financials
6 1 (0.14%) Oracle General Ledger
6 1 (0.14%) Oracle Receivables
6 1 (0.14%) Oracle Subledger Accounting
6 1 (0.14%) Sophis RISQUE
6 1 (0.14%) Sparx Enterprise Architect
6 1 (0.14%) SunGard GMI
Cloud Services
1 142 (19.53%) AWS
2 102 (14.03%) Azure
3 94 (12.93%) GCP
4 21 (2.89%) Serverless
5 19 (2.61%) Amazon EC2
5 19 (2.61%) Amazon S3
5 19 (2.61%) AWS Lambda
6 13 (1.79%) OpenShift
7 10 (1.38%) PaaS
8 8 (1.10%) Cloud Computing
8 8 (1.10%) SaaS
9 6 (0.83%) IaaS
10 4 (0.55%) Stackdriver
11 3 (0.41%) Azure Data Factory
11 3 (0.41%) GitHub
12 2 (0.28%) Power Platform
13 1 (0.14%) Apigee
13 1 (0.14%) Azure Functions
13 1 (0.14%) Salesforce Sales Cloud
13 1 (0.14%) Salesforce Service Cloud
Communications & Networking
1 12 (1.65%) RTMP
2 6 (0.83%) Firewall
2 6 (0.83%) HTTP
3 4 (0.55%) FTP
3 4 (0.55%) Internet
4 3 (0.41%) FIX Connectivity
4 3 (0.41%) Intranet
4 3 (0.41%) Kerberos
5 2 (0.28%) BIG-IP
5 2 (0.28%) TCP/IP
6 1 (0.14%) AMQP
6 1 (0.14%) BGP
6 1 (0.14%) DMZ
6 1 (0.14%) HTTPS
6 1 (0.14%) Multicast
6 1 (0.14%) NAS
6 1 (0.14%) OSPF
6 1 (0.14%) PuTTY
6 1 (0.14%) VoIP
6 1 (0.14%) VPN
Database & Business Intelligence
1 93 (12.79%) SQL Server
2 57 (7.84%) Relational Database
3 48 (6.60%) MongoDB
4 35 (4.81%) NoSQL
5 29 (3.99%) Big Data
6 24 (3.30%) Data Warehouse
7 19 (2.61%) Amazon DynamoDB
7 19 (2.61%) Oracle Database
8 18 (2.48%) Redis
9 15 (2.06%) Hazelcast
10 14 (1.93%) Hadoop
11 13 (1.79%) MySQL
12 9 (1.24%) SQL Server Integration Services
13 8 (1.10%) Oracle Database 11g
14 6 (0.83%) PostgreSQL
14 6 (0.83%) SQL Server Reporting Services
15 5 (0.69%) Couchbase
15 5 (0.69%) KDB
15 5 (0.69%) RDBMS
15 5 (0.69%) SQL Server Analysis Services
Development Applications
1 54 (7.43%) RStudio
2 52 (7.15%) Git (software)
3 42 (5.78%) Subversion
4 35 (4.81%) JUnit
5 33 (4.54%) JIRA
5 33 (4.54%) Maven
6 24 (3.30%) Jenkins
6 24 (3.30%) Visual Studio
7 17 (2.34%) NUnit
8 15 (2.06%) TeamCity
9 9 (1.24%) Artifactory
9 9 (1.24%) Cucumber
9 9 (1.24%) Gradle
9 9 (1.24%) Hudson
10 8 (1.10%) Atlassian Bamboo
10 8 (1.10%) FitNesse
10 8 (1.10%) jMock
10 8 (1.10%) Mockito
11 7 (0.96%) FishEye
12 5 (0.69%) Ant
General
1 727 (100.00%) Banking
2 370 (50.89%) Finance
3 336 (46.22%) Front Office
4 26 (3.58%) Retail Banking
5 22 (3.03%) Retail
6 16 (2.20%) Financial Institution
7 15 (2.06%) Back Office
8 14 (1.93%) Corporate Banking
9 12 (1.65%) French Language
10 5 (0.69%) Legal
10 5 (0.69%) Prime Brokerage
11 4 (0.55%) Telecoms
12 3 (0.41%) German Language
12 3 (0.41%) Marketing
13 2 (0.28%) Law
14 1 (0.14%) Advertising
14 1 (0.14%) General Ledger
14 1 (0.14%) International Banking
14 1 (0.14%) Public Sector
14 1 (0.14%) Publishing
Job Titles
1 514 (70.70%) Developer
2 225 (30.95%) Java Developer
3 106 (14.58%) Senior Developer
4 104 (14.31%) AWS Developer
5 93 (12.79%) Python Developer
6 81 (11.14%) AWS Engineer
7 77 (10.59%) Senior Java Developer
8 59 (8.12%) C# Developer
9 53 (7.29%) Analyst
9 53 (7.29%) Front Office Developer
10 48 (6.60%) Software Engineer
11 47 (6.46%) Investment Banking Java Developer
12 46 (6.33%) Developer/Software Engineer
13 40 (5.50%) JavaScript Developer
14 36 (4.95%) Business Analyst
15 35 (4.81%) Python Engineer
16 34 (4.68%) C++ Developer
17 32 (4.40%) C# Developer - Investment Banking
17 32 (4.40%) Python Software Engineer
18 31 (4.26%) JavaScript Engineer
Libraries, Frameworks & Software Standards
1 164 (22.56%) Web Services
2 154 (21.18%) AngularJS
3 135 (18.57%) React
4 107 (14.72%) Vue.js
5 85 (11.69%) Spring
6 74 (10.18%) .NET
7 55 (7.57%) Middleware
8 48 (6.60%) HTML
9 45 (6.19%) Node.js
10 39 (5.36%) WPF
11 35 (4.81%) Hibernate
12 34 (4.68%) CSS
13 31 (4.26%) HTML5
14 30 (4.13%) J2EE
14 30 (4.13%) REST
15 28 (3.85%) RESTful
15 28 (3.85%) XML
16 26 (3.58%) JMS
17 25 (3.44%) .NET Framework
18 23 (3.16%) STL
Miscellaneous
1 252 (34.66%) Fixed Income
2 221 (30.40%) Foreign Exchange (FX)
3 180 (24.76%) Derivative
4 164 (22.56%) Equities
5 136 (18.71%) Hedge funds
6 51 (7.02%) Analytical Skills
7 35 (4.81%) Credit Risk
8 30 (4.13%) User Experience
9 18 (2.48%) Greenfield Project
10 17 (2.34%) Data Structures
11 15 (2.06%) Algorithms
11 15 (2.06%) Market Risk
12 14 (1.93%) Management Information System
13 8 (1.10%) Virtual Team
14 7 (0.96%) Mobile Banking
15 6 (0.83%) Data Centre
15 6 (0.83%) Enterprise Software
15 6 (0.83%) Eurex
15 6 (0.83%) Grid Computing
15 6 (0.83%) Robotics
Operating Systems
1 77 (10.59%) Linux
2 53 (7.29%) Windows
3 39 (5.36%) Unix
4 17 (2.34%) Windows Server
5 5 (0.69%) Windows 10
6 3 (0.41%) Apple iOS
6 3 (0.41%) Windows Server 2019
7 2 (0.28%) Android
7 2 (0.28%) Windows 7
7 2 (0.28%) Windows Server 2008
7 2 (0.28%) Windows Server 2012
7 2 (0.28%) Windows Server 2016
8 1 (0.14%) Mac OS
8 1 (0.14%) Red Hat Enterprise Linux
Processes & Methodologies
1 298 (40.99%) Agile Software Development
2 153 (21.05%) Asset Management
3 152 (20.91%) Software Engineering
4 147 (20.22%) DevOps
5 123 (16.92%) Business Analysis
6 116 (15.96%) Investment Management
7 103 (14.17%) Multithreading
8 86 (11.83%) TDD
9 81 (11.14%) Decision-Making
10 77 (10.59%) SDLC
11 76 (10.45%) Portfolio Management
12 74 (10.18%) Low Latency
13 66 (9.08%) Electronic Trading
14 63 (8.67%) Problem-Solving
15 57 (7.84%) Technical Analysis
16 52 (7.15%) Computer Science
17 51 (7.02%) Analytics
18 47 (6.46%) Front End Development
18 47 (6.46%) Test Automation
19 46 (6.33%) Risk Management
Programming Languages
1 420 (57.77%) Java
2 245 (33.70%) Python
3 191 (26.27%) SQL
4 182 (25.03%) JavaScript
5 130 (17.88%) C#
6 83 (11.42%) C++
7 32 (4.40%) Java 8
8 26 (3.58%) TypeScript
9 22 (3.03%) Kotlin
10 18 (2.48%) T-SQL
11 17 (2.34%) VBA
12 16 (2.20%) Scala
13 13 (1.79%) C
14 9 (1.24%) R
15 8 (1.10%) ES6
15 8 (1.10%) Perl
16 7 (0.96%) PowerShell
17 6 (0.83%) Shell Script
17 6 (0.83%) VB
18 4 (0.55%) Groovy
Qualifications
1 52 (7.15%) Degree
2 23 (3.16%) Computer Science Degree
3 11 (1.51%) Numerate Degree
4 4 (0.55%) PhD
5 2 (0.28%) Master's Degree
6 1 (0.14%) CCIE
6 1 (0.14%) CISA
6 1 (0.14%) Cisco Certification
6 1 (0.14%) CISM
6 1 (0.14%) CISSP
6 1 (0.14%) CRISC
6 1 (0.14%) ITIL Certification
6 1 (0.14%) ITIL Foundation Certificate
6 1 (0.14%) MOS
6 1 (0.14%) SC Cleared
6 1 (0.14%) Security Cleared
Quality Assurance & Compliance
1 17 (2.34%) QA
2 8 (1.10%) PMO
3 7 (0.96%) Basel III
3 7 (0.96%) Data Quality
4 6 (0.83%) CRD IV
5 5 (0.69%) Basel II
5 5 (0.69%) MiFID
6 3 (0.41%) EMIR
7 2 (0.28%) Dodd-Frank
8 1 (0.14%) COREP
8 1 (0.14%) FINREP
8 1 (0.14%) IFRS
8 1 (0.14%) IFRS 9
8 1 (0.14%) SLA
System Software
1 32 (4.40%) Docker
2 9 (1.24%) Active Directory
3 4 (0.55%) VMware Infrastructure
4 3 (0.41%) GridGain
5 2 (0.28%) VMware ESXi
6 1 (0.14%) Virtual Desktop
Systems Management
1 35 (4.81%) Kubernetes
2 21 (2.89%) Ansible
3 11 (1.51%) Terraform
4 10 (1.38%) ITRS Geneos
5 4 (0.55%) BladeLogic
6 3 (0.41%) Opscode Chef
6 3 (0.41%) Puppet
7 2 (0.28%) Consul
7 2 (0.28%) Grafana
7 2 (0.28%) Kibana
7 2 (0.28%) logstash
7 2 (0.28%) Mesos
7 2 (0.28%) Microsoft Clustering
7 2 (0.28%) Prometheus
7 2 (0.28%) Rancher
8 1 (0.14%) Control-M
8 1 (0.14%) Docker Swarm
8 1 (0.14%) IBM BigFix
8 1 (0.14%) Microsoft Intune
8 1 (0.14%) SCCM
Vendors
1 87 (11.97%) Google
2 76 (10.45%) Oracle
3 41 (5.64%) Bloomberg
4 40 (5.50%) Microsoft
5 32 (4.40%) ION Trading
6 16 (2.20%) Murex
6 16 (2.20%) Sybase
7 13 (1.79%) Atlassian
8 11 (1.51%) Splunk
9 9 (1.24%) DevExpress
10 7 (0.96%) IBM
10 7 (0.96%) Reuters
10 7 (0.96%) Solace
10 7 (0.96%) SunGard
10 7 (0.96%) Terracotta
11 6 (0.83%) MarketAxess
11 6 (0.83%) Tradeweb
12 5 (0.69%) Dynatrace
12 5 (0.69%) TIBCO
13 4 (0.55%) VMware