Period
to 17 September 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 17 September 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
17 Sep 2021
Same period 2020 Same period 2019
Rank 119 90 216
Rank change year-on-year -29 +126 -28
Contract jobs citing Investment Banking 1,401 726 1,071
As % of all contract jobs advertised in England 2.21% 2.76% 1.31%
As % of the General category 4.11% 5.15% 2.54%
Number of daily rates quoted 1,071 558 780
10th Percentile £513 £463 £363
25th Percentile £575 £550 £463
Median daily rate (50th Percentile) £655 £625 £575
Median % change year-on-year +4.80% +8.70% -4.17%
75th Percentile £750 £750 £675
90th Percentile £800 £800 £739
UK median daily rate £650 £625 £550
% change year-on-year +4.00% +13.64% -8.33%
Number of hourly rates quoted 3 0 7
10th Percentile £11.63 " £15.00
25th Percentile £13.31 " £15.63
Median hourly rate £17.25 - £16.50
75th Percentile £18.38 " £46.00
90th Percentile " " £56.80
UK median hourly rate £42.00 - £37.50

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 34,053 14,090 42,213
As % of all contract IT jobs advertised in England 53.62% 53.49% 51.62%
Number of daily rates quoted 23,154 9,614 27,674
10th Percentile £308 £275 £265
25th Percentile £413 £384 £375
Median daily rate (50th Percentile) £525 £495 £475
Median % change year-on-year +6.06% +4.21% -
75th Percentile £625 £600 £575
90th Percentile £713 £700 £675
UK median daily rate £510 £475 £475
% change year-on-year +7.37% - +5.44%
Number of hourly rates quoted 1,222 494 1,361
10th Percentile £12.00 £11.66 £10.98
25th Percentile £13.25 £15.00 £14.00
Median hourly rate £19.00 £22.50 £19.36
Median % change year-on-year -15.56% +16.22% +7.56%
75th Percentile £42.24 £43.75 £40.00
90th Percentile £59.69 £52.50 £51.00
UK median hourly rate £19.00 £22.00 £19.18
% change year-on-year -13.64% +14.70% +9.60%

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 17 September 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 17 September 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 -12 1,358 £670 +7.20% 102
North West - 16 £625 - 6
North of England - 16 £625 - 9
Midlands -74 5 £520 +9.47% 4
East Midlands -37 3 £520 -5.45% 1
East of England -40 3 £700 +166.67%
South East -87 3 £700 +40.00% 3
West Midlands -63 2 - - 3
South West -44 1 - -
Investment Banking
UK

For the 6 months to 17 September 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 1,401 (100.00%) Banking
2 598 (42.68%) Finance
3 577 (41.18%) Java
4 522 (37.26%) Agile Software Development
5 435 (31.05%) Front Office
6 434 (30.98%) SQL
7 312 (22.27%) Social Skills
8 253 (18.06%) C#
9 246 (17.56%) Foreign Exchange (FX)
10 240 (17.13%) Python
11 221 (15.77%) Multithreading
12 217 (15.49%) Oracle
13 215 (15.35%) Spring
14 209 (14.92%) Derivative
15 202 (14.42%) .NET
16 200 (14.28%) Fixed Income
17 199 (14.20%) Linux
18 175 (12.49%) Git (software)
19 171 (12.21%) Electronic Trading
20 167 (11.92%) DevOps
21 165 (11.78%) Azure
22 149 (10.64%) Relational Database
23 148 (10.56%) AngularJS
24 144 (10.28%) Scrum
24 144 (10.28%) C++
25 142 (10.14%) TDD
26 137 (9.78%) Microsoft
27 128 (9.14%) JavaScript
28 125 (8.92%) SDLC
29 120 (8.57%) Middleware

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 66 (4.71%) Mule
2 59 (4.21%) Apache Spark
3 30 (2.14%) Confluence
4 26 (1.86%) Red Hat Fuse
5 23 (1.64%) Oracle Coherence
6 20 (1.43%) JBoss
7 17 (1.21%) Apache
7 17 (1.21%) Oracle SOA Suite
8 14 (1.00%) Tomcat
9 12 (0.86%) WebSphere
10 10 (0.71%) WebLogic
11 7 (0.50%) SharePoint
12 5 (0.36%) DataSynapse
13 4 (0.29%) Elasticsearch
13 4 (0.29%) IIS
13 4 (0.29%) SAS
14 3 (0.21%) MS Exchange
15 2 (0.14%) Exchange Server 2013
15 2 (0.14%) Jupyter
15 2 (0.14%) MQSeries
Applications
1 38 (2.71%) Microsoft Excel
2 19 (1.36%) Microsoft PowerPoint
3 18 (1.28%) Microsoft Project
4 13 (0.93%) Microsoft Office
5 12 (0.86%) Adobe Illustrator
5 12 (0.86%) Photoshop
6 3 (0.21%) MS Visio
6 3 (0.21%) Sketch
7 2 (0.14%) InVision
8 1 (0.071%) Adobe Creative Suite
8 1 (0.071%) Chatbot
8 1 (0.071%) Figma
8 1 (0.071%) Mingle
8 1 (0.071%) Spreadsheet
Business Applications
1 33 (2.36%) SunGard Martini
2 16 (1.14%) ION MarketView
3 8 (0.57%) Markit EDM
4 5 (0.36%) Loan IQ
4 5 (0.36%) Oracle Subledger Accounting
5 4 (0.29%) Oracle Assets
5 4 (0.29%) Oracle EBS
5 4 (0.29%) Oracle E-Business Tax
5 4 (0.29%) Oracle FAH
5 4 (0.29%) Oracle Financials
5 4 (0.29%) Oracle General Ledger
5 4 (0.29%) Oracle Internet Expenses
5 4 (0.29%) Oracle iProcurement
5 4 (0.29%) Oracle Payables
5 4 (0.29%) Oracle Receivables
5 4 (0.29%) Temenos T24
6 3 (0.21%) Adaptiv
6 3 (0.21%) Summit
7 2 (0.14%) Sentinel
8 1 (0.071%) Endur
Cloud Services
1 165 (11.78%) Azure
2 92 (6.57%) AWS
3 31 (2.21%) GCP
4 25 (1.78%) Azure Synapse Analytics
5 21 (1.50%) OpenShift
6 19 (1.36%) GitHub
7 12 (0.86%) Azure Data Factory
7 12 (0.86%) Power Platform
8 11 (0.79%) Cloud Computing
8 11 (0.79%) npm
9 7 (0.50%) Azure Active Directory
9 7 (0.50%) Yarn
10 6 (0.43%) Azure Service Bus
10 6 (0.43%) NuGet
11 5 (0.36%) Apigee
11 5 (0.36%) AWS CloudFormation
12 4 (0.29%) Collibra
12 4 (0.29%) IaaS
12 4 (0.29%) Microsoft 365
12 4 (0.29%) SaaS
Communications & Networking
1 49 (3.50%) TCP/IP
2 30 (2.14%) SSL
3 21 (1.50%) Firewall
4 18 (1.28%) HTTP
5 11 (0.79%) Kerberos
6 9 (0.64%) Multicast
7 5 (0.36%) FTP
7 5 (0.36%) NAS
7 5 (0.36%) Network Security
8 2 (0.14%) Cisco Nexus
9 1 (0.071%) Internet
9 1 (0.071%) tcpdump
9 1 (0.071%) VoIP
9 1 (0.071%) VPN
9 1 (0.071%) Wireless
9 1 (0.071%) Wireshark
Database & Business Intelligence
1 149 (10.64%) Relational Database
2 97 (6.92%) SQL Server
3 72 (5.14%) Big Data
4 64 (4.57%) Oracle Database
5 54 (3.85%) Data Warehouse
6 52 (3.71%) Oracle Database 12c
7 45 (3.21%) Hazelcast
7 45 (3.21%) MongoDB
8 40 (2.86%) NoSQL
9 31 (2.21%) RDBMS
9 31 (2.21%) Redis
10 25 (1.78%) Apache Cassandra
10 25 (1.78%) Hadoop
10 25 (1.78%) MySQL
11 19 (1.36%) Oracle Database 11g
12 18 (1.28%) Apache Hive
13 17 (1.21%) HBase
14 15 (1.07%) Microsoft Analysis Services
15 14 (1.00%) Apache Ignite
16 12 (0.86%) Power BI
Development Applications
1 175 (12.49%) Git (software)
2 102 (7.28%) JIRA
3 85 (6.07%) Jenkins
4 69 (4.93%) Subversion
4 69 (4.93%) TeamCity
5 68 (4.85%) Visual Studio
6 56 (4.00%) Maven
7 40 (2.86%) Bitbucket
8 38 (2.71%) Artifactory
9 34 (2.43%) CppUnit
9 34 (2.43%) Oracle APEX
10 27 (1.93%) JUnit
11 24 (1.71%) GitLab
11 24 (1.71%) Robot Framework
12 21 (1.50%) Cucumber
13 19 (1.36%) jMock
14 16 (1.14%) Selenium
15 15 (1.07%) Hudson
16 14 (1.00%) Axure RP
16 14 (1.00%) Gradle
General
1 1,401 (100.00%) Banking
2 598 (42.68%) Finance
3 435 (31.05%) Front Office
4 312 (22.27%) Social Skills
5 117 (8.35%) Analytical Skills
6 53 (3.78%) Retail Banking
7 43 (3.07%) Retail
8 37 (2.64%) Financial Institution
9 35 (2.50%) Back Office
9 35 (2.50%) Corporate Banking
10 29 (2.07%) Organisational Skills
11 23 (1.64%) Legal
12 22 (1.57%) Presentation Skills
13 20 (1.43%) Documentation Skills
14 14 (1.00%) Inclusion and Diversity
15 9 (0.64%) Influencing Skills
15 9 (0.64%) Private Banking
16 7 (0.50%) Advertising
17 5 (0.36%) Prime Brokerage
18 4 (0.29%) Public Speaking
Job Titles
1 751 (53.60%) Developer
2 381 (27.19%) Java Developer
3 187 (13.35%) Analyst
4 126 (8.99%) Senior Developer
5 120 (8.57%) Business Analyst
5 120 (8.57%) C# Developer
6 109 (7.78%) Investment Banking Java Developer
7 98 (7.00%) Front Office Developer
8 97 (6.92%) Senior Java Developer
9 78 (5.57%) Banking Analyst
10 71 (5.07%) C++ Developer
10 71 (5.07%) Consultant
11 67 (4.78%) Architect
12 65 (4.64%) Integration Developer
13 57 (4.07%) C# Developer - Investment Banking
13 57 (4.07%) Investment Banking Business Analyst
13 57 (4.07%) Project Manager
14 56 (4.00%) Java Consultant
14 56 (4.00%) Senior Consultant
15 49 (3.50%) Python Developer
Libraries, Frameworks & Software Standards
1 215 (15.35%) Spring
2 202 (14.42%) .NET
3 148 (10.56%) AngularJS
4 120 (8.57%) Middleware
5 103 (7.35%) HTML
6 100 (7.14%) REST
7 83 (5.92%) Kafka
7 83 (5.92%) RESTful
7 83 (5.92%) Spring Boot
8 78 (5.57%) Hibernate
9 71 (5.07%) Apache Camel
10 66 (4.71%) React
11 64 (4.57%) Web Services
12 63 (4.50%) XML
13 59 (4.21%) .NET Framework
14 58 (4.14%) JTA
14 58 (4.14%) JTS
15 56 (4.00%) Spring Integration
16 55 (3.93%) HTML5
17 54 (3.85%) .NET Core
Miscellaneous
1 246 (17.56%) Foreign Exchange (FX)
2 209 (14.92%) Derivative
3 200 (14.28%) Fixed Income
4 101 (7.21%) Equities
5 86 (6.14%) Data Structures
6 66 (4.71%) Market Risk
7 62 (4.43%) Algorithms
8 51 (3.64%) User Experience
9 48 (3.43%) Virtual Team
10 41 (2.93%) Credit Risk
11 39 (2.78%) Greenfield Project
12 27 (1.93%) Interest Rate Derivative
13 26 (1.86%) Credit Derivative
14 25 (1.78%) Management Information System
15 23 (1.64%) Enterprise Software
16 20 (1.43%) Equity Derivative
16 20 (1.43%) Hedge funds
17 18 (1.28%) Legacy Applications
18 16 (1.14%) Data Protection Act
19 15 (1.07%) Mobile App
Operating Systems
1 199 (14.20%) Linux
2 119 (8.49%) Unix
3 117 (8.35%) Windows
4 13 (0.93%) Apple iOS
5 10 (0.71%) Android
6 8 (0.57%) Windows Server
7 5 (0.36%) Windows 10
7 5 (0.36%) Windows Server 2016
7 5 (0.36%) Windows Server 2019
8 4 (0.29%) Red Hat Enterprise Linux
8 4 (0.29%) Windows Server 2012
9 3 (0.21%) Mac OS
10 2 (0.14%) Windows 7
10 2 (0.14%) Windows Server 2008
11 1 (0.071%) AIX
11 1 (0.071%) Mac OS X
11 1 (0.071%) Solaris
Processes & Methodologies
1 522 (37.26%) Agile Software Development
2 221 (15.77%) Multithreading
3 171 (12.21%) Electronic Trading
4 167 (11.92%) DevOps
5 144 (10.28%) Scrum
6 142 (10.14%) TDD
7 125 (8.92%) SDLC
8 119 (8.49%) Low Latency
9 109 (7.78%) Analytics
10 106 (7.57%) Performance Tuning
11 105 (7.49%) Software Engineering
12 102 (7.28%) Continuous Integration
13 95 (6.78%) Multithreaded Programming
14 94 (6.71%) Unit Testing
15 87 (6.21%) Microservices
16 85 (6.07%) Test Automation
17 82 (5.85%) Problem-Solving
18 80 (5.71%) Workflow
19 78 (5.57%) Full Stack Development
20 75 (5.35%) Migration
Programming Languages
1 577 (41.18%) Java
2 434 (30.98%) SQL
3 253 (18.06%) C#
4 240 (17.13%) Python
5 144 (10.28%) C++
6 128 (9.14%) JavaScript
7 94 (6.71%) Java 8
8 83 (5.92%) Scala
9 81 (5.78%) TypeScript
10 62 (4.43%) PL/SQL
11 31 (2.21%) Haskell
12 23 (1.64%) Java 9
13 21 (1.50%) Shell Script
14 20 (1.43%) VBA
15 15 (1.07%) Perl
15 15 (1.07%) PowerShell
16 14 (1.00%) Bash Shell
16 14 (1.00%) Kotlin
17 12 (0.86%) C
17 12 (0.86%) PHP
Qualifications
1 86 (6.14%) Degree
2 20 (1.43%) Computer Science Degree
3 12 (0.86%) CIMA
4 9 (0.64%) PMP
5 8 (0.57%) PhD
6 6 (0.43%) CISM
6 6 (0.43%) CISSP
7 5 (0.36%) CISA
7 5 (0.36%) FFIEC
7 5 (0.36%) Numerate Degree
7 5 (0.36%) PMI Certification
8 4 (0.29%) ISACA
9 3 (0.21%) ACCA
9 3 (0.21%) CFA
9 3 (0.21%) ISEB
9 3 (0.21%) MBA
9 3 (0.21%) Microsoft Certification
9 3 (0.21%) SC Cleared
9 3 (0.21%) Security Cleared
10 2 (0.14%) CCNA
Quality Assurance & Compliance
1 40 (2.86%) QA
2 35 (2.50%) PMO
3 27 (1.93%) Data Quality
4 15 (1.07%) IFRS
4 15 (1.07%) MiFID
5 14 (1.00%) GAAP
6 9 (0.64%) ISO/IEC 27005
7 8 (0.57%) ISO/IEC 27001
8 7 (0.50%) COBIT
8 7 (0.50%) FATCA
8 7 (0.50%) SLA
9 6 (0.43%) NIST
10 5 (0.36%) Dodd-Frank
10 5 (0.36%) EMIR
10 5 (0.36%) NIST 800
11 3 (0.21%) ITGC
12 2 (0.14%) GDPR
12 2 (0.14%) Sarbanes-Oxley
13 1 (0.071%) Basel II
13 1 (0.071%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 90 (6.42%) Docker
2 25 (1.78%) Active Directory
3 11 (0.79%) Platform Symphony
4 10 (0.71%) HDFS
5 3 (0.21%) Virtual Desktop
6 2 (0.14%) EMC RecoverPoint
6 2 (0.14%) Oracle Clusterware
6 2 (0.14%) Oracle RAC
6 2 (0.14%) vSphere
7 1 (0.071%) Active Directory Lightweight Directory Services
7 1 (0.071%) Virtual Machines
7 1 (0.071%) VMware Infrastructure
Systems Management
1 97 (6.92%) Kubernetes
2 37 (2.64%) Ansible
3 30 (2.14%) Terraform
4 25 (1.78%) BladeLogic
5 17 (1.21%) Puppet
6 15 (1.07%) ITRS Geneos
7 9 (0.64%) CA Single Sign-On
7 9 (0.64%) Opscode Chef
8 8 (0.57%) HP Fortify
9 7 (0.50%) Control-M
10 5 (0.36%) CSIRT
11 4 (0.29%) Kibana
12 3 (0.21%) Docker Swarm
12 3 (0.21%) Mesos
12 3 (0.21%) MIIS
12 3 (0.21%) Netcool
12 3 (0.21%) Oracle RMAN
12 3 (0.21%) Rancher
12 3 (0.21%) SCCM
12 3 (0.21%) SCOM
Vendors
1 217 (15.49%) Oracle
2 137 (9.78%) Microsoft
3 59 (4.21%) ION Trading
4 37 (2.64%) FIS
4 37 (2.64%) TIBCO
5 34 (2.43%) SunGard
6 32 (2.28%) Databricks
6 32 (2.28%) IBM
7 25 (1.78%) Citrix
7 25 (1.78%) Sybase
8 22 (1.57%) Bloomberg
9 20 (1.43%) Google
10 19 (1.36%) CA
11 18 (1.28%) Atlassian
11 18 (1.28%) Murex
11 18 (1.28%) Salesforce.com
11 18 (1.28%) SAP
12 14 (1.00%) BiZZdesign
13 13 (0.93%) Adobe
14 12 (0.86%) DevExpress