Period
to 18 January 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 18 January 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
18 Jan 2021
Same period 2020 Same period 2019
Rank 121 230 199
Rank change year-on-year +109 -31 -97
Contract jobs citing Investment Banking 719 747 1,312
As % of all contract jobs advertised in England 2.13% 1.14% 1.44%
As % of the General category 5.20% 3.07% 3.61%
Number of daily rates quoted 590 514 1,028
Median daily rate £600 £600 £600
10th Percentile £461 £394 £418
90th Percentile £763 £725 £750
UK median daily rate £600 £588 £590
% change year-on-year +2.13% -0.42% +2.61%
Number of hourly rates quoted 1 10 6
Median hourly rate £22.50 £44.00 £15.00
Median hourly rate % change year-on-year -48.86% +193.33% -
10th Percentile £22.25 £20.34 £12.50
90th Percentile £22.75 £48.70 £16.00
UK median hourly rate £22.50 £44.00 £15.00
% change year-on-year -48.86% +193.33% -

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 13,821 24,341 36,346
As % of all contract IT jobs advertised in England 40.88% 37.00% 39.87%
Number of daily rates quoted 9,445 16,339 24,582
Median daily rate £500 £488 £488
Median daily rate % change year-on-year +2.56% - +2.63%
10th Percentile £300 £275 £300
90th Percentile £700 £688 £675
UK median daily rate £490 £475 £475
% change year-on-year +3.16% - +2.70%
Number of hourly rates quoted 532 737 921
Median hourly rate £25.09 £20.11 £20.50
Median hourly rate % change year-on-year +24.78% -1.90% -3.32%
10th Percentile £12.51 £12.44 £12.25
90th Percentile £54.43 £50.00 £48.25
Median hourly rate £25.00 £20.11 £20.24
% change year-on-year +24.32% -0.62% -3.34%

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 18 January 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 18 January 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 +58 709 £600 - 73
Midlands +60 5 £400 -
West Midlands +54 5 £400 -
South East +121 2 £481 -12.50%
East of England +50 1 £263 -38.24%
Investment Banking
UK

For the 6 months to 18 January 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.

1 719 (100.00%) Banking
2 341 (47.43%) Java
3 331 (46.04%) Finance
4 320 (44.51%) Front Office
5 235 (32.68%) Agile Software Development
6 180 (25.03%) Fixed Income
7 159 (22.11%) SQL
7 159 (22.11%) Foreign Exchange (FX)
8 138 (19.19%) C#
8 138 (19.19%) Python
9 117 (16.27%) Derivative
10 115 (15.99%) Low Latency
11 110 (15.30%) Web Services
12 107 (14.88%) Equities
13 106 (14.74%) Electronic Trading
14 104 (14.46%) JavaScript
15 99 (13.77%) C++
16 96 (13.35%) TDD
17 94 (13.07%) Multithreading
18 90 (12.52%) Spring
19 86 (11.96%) Linux
20 85 (11.82%) .NET
21 79 (10.99%) AngularJS
22 77 (10.71%) Scrum
23 73 (10.15%) SQL Server
24 72 (10.01%) Software Engineering
25 71 (9.87%) AWS
26 68 (9.46%) REST
26 68 (9.46%) Asset Management
27 66 (9.18%) Git (software)

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 48 (6.68%) Red Hat Fuse
2 46 (6.40%) Mule
3 36 (5.01%) Apache Spark
4 24 (3.34%) Confluence
5 20 (2.78%) JBoss
6 11 (1.53%) MTS
7 8 (1.11%) Elasticsearch
8 6 (0.83%) SharePoint
9 4 (0.56%) Apache
10 3 (0.42%) Apache Pig
10 3 (0.42%) IIS
10 3 (0.42%) SAS
11 2 (0.28%) DataSynapse
11 2 (0.28%) IBM HTTP Server
11 2 (0.28%) SharePoint 2010
12 1 (0.14%) Apache Airflow
Applications
1 20 (2.78%) Microsoft Excel
2 8 (1.11%) Microsoft Office
2 8 (1.11%) Microsoft PowerPoint
3 5 (0.70%) Spreadsheet
4 3 (0.42%) Microsoft Project
5 2 (0.28%) MS Visio
6 1 (0.14%) Chatbot
6 1 (0.14%) Sketch
Business Applications
1 16 (2.23%) ION MarketView
2 11 (1.53%) Bloomberg TOMS
2 11 (1.53%) SunGard Martini
3 6 (0.83%) HiPortfolio
4 2 (0.28%) Distributed Ledger
4 2 (0.28%) Temenos T24
5 1 (0.14%) Bloomberg AIM
5 1 (0.14%) BusinessWorks
5 1 (0.14%) Endur
5 1 (0.14%) Global One
5 1 (0.14%) Loan IQ
5 1 (0.14%) Markit EDM
5 1 (0.14%) MultiFonds
5 1 (0.14%) PolarLake
5 1 (0.14%) Refinitiv Enterprise Platform
5 1 (0.14%) Sentinel
5 1 (0.14%) SimCorp Dimension
5 1 (0.14%) Temenos Globus
Cloud Services
1 71 (9.87%) AWS
2 52 (7.23%) Azure
3 44 (6.12%) GCP
4 21 (2.92%) Serverless
5 19 (2.64%) Amazon EC2
5 19 (2.64%) Amazon S3
5 19 (2.64%) AWS Lambda
6 15 (2.09%) OpenShift
7 13 (1.81%) GitHub
8 8 (1.11%) npm
8 8 (1.11%) Yarn
9 6 (0.83%) Cloud Computing
9 6 (0.83%) NuGet
9 6 (0.83%) Office 365
10 5 (0.70%) IaaS
10 5 (0.70%) PaaS
10 5 (0.70%) Power Platform
10 5 (0.70%) SaaS
11 3 (0.42%) Azure Data Factory
11 3 (0.42%) SuccessFactors
Communications & Networking
1 22 (3.06%) Multicast
2 17 (2.36%) Firewall
3 12 (1.67%) FIX Connectivity
3 12 (1.67%) Wireshark
4 10 (1.39%) TCP/IP
5 7 (0.97%) Kerberos
5 7 (0.97%) tcpdump
6 5 (0.70%) SSL
7 4 (0.56%) Internet
8 3 (0.42%) HTTPS
8 3 (0.42%) LAN
8 3 (0.42%) VPN
8 3 (0.42%) WAN
9 2 (0.28%) AMQP
10 1 (0.14%) Cisco Nexus
10 1 (0.14%) DMZ
10 1 (0.14%) HTTP
10 1 (0.14%) NetScaler
10 1 (0.14%) OSPF
10 1 (0.14%) Reverse Proxy
Database & Business Intelligence
1 73 (10.15%) SQL Server
2 46 (6.40%) Relational Database
3 35 (4.87%) Hadoop
4 29 (4.03%) Oracle Database
5 28 (3.89%) NoSQL
6 27 (3.76%) Data Warehouse
7 26 (3.62%) MongoDB
8 23 (3.20%) MySQL
9 22 (3.06%) Oracle Database 12c
10 20 (2.78%) Big Data
11 19 (2.64%) Amazon DynamoDB
12 15 (2.09%) Apache Cassandra
12 15 (2.09%) Oracle Database 11g
12 15 (2.09%) SQL Server Integration Services
13 10 (1.39%) SQL Server Analysis Services
14 9 (1.25%) RDBMS
14 9 (1.25%) SQL Server Reporting Services
14 9 (1.25%) Tableau
15 6 (0.83%) Hazelcast
16 5 (0.70%) HBase
Development Applications
1 66 (9.18%) Git (software)
2 45 (6.26%) JIRA
2 45 (6.26%) Subversion
3 36 (5.01%) Maven
4 28 (3.89%) Cucumber
5 24 (3.34%) JUnit
6 23 (3.20%) Visual Studio
7 20 (2.78%) jMock
8 19 (2.64%) Atlassian Bamboo
9 16 (2.23%) FishEye
9 16 (2.23%) Hudson
9 16 (2.23%) Jenkins
9 16 (2.23%) TeamCity
10 12 (1.67%) GCC
10 12 (1.67%) GDB
11 11 (1.53%) RStudio
11 11 (1.53%) Selenium
12 10 (1.39%) CppUnit
12 10 (1.39%) Oracle APEX
13 9 (1.25%) webpack
General
1 719 (100.00%) Banking
2 331 (46.04%) Finance
3 320 (44.51%) Front Office
4 23 (3.20%) Back Office
5 18 (2.50%) Retail
6 15 (2.09%) Retail Banking
7 8 (1.11%) International Banking
8 7 (0.97%) French Language
9 6 (0.83%) Corporate Banking
9 6 (0.83%) Law
10 5 (0.70%) Legal
10 5 (0.70%) Marketing
11 4 (0.56%) Advertising
11 4 (0.56%) Financial Institution
11 4 (0.56%) Private Banking
12 3 (0.42%) Aerospace
13 1 (0.14%) General Ledger
13 1 (0.14%) Prime Brokerage
13 1 (0.14%) Spanish Language
13 1 (0.14%) Telecoms
Job Titles
1 465 (64.67%) Developer
2 213 (29.62%) Java Developer
3 114 (15.86%) Senior Developer
4 109 (15.16%) Analyst
5 80 (11.13%) Senior Java Developer
6 72 (10.01%) Business Analyst
7 64 (8.90%) Front Office Developer
8 54 (7.51%) JavaScript Developer
9 50 (6.95%) C# Developer
10 47 (6.54%) C++ Developer
11 46 (6.40%) Investment Banking Java Developer
12 38 (5.29%) Electronic Trading Developer
13 37 (5.15%) Electronic Trading Java Developer
14 30 (4.17%) Angular Developer
15 28 (3.89%) Integration Developer
16 27 (3.76%) Investment Banking C++ Developer
17 25 (3.48%) Senior Integration Developer
18 23 (3.20%) Python Developer
18 23 (3.20%) Software Engineer
19 22 (3.06%) SQL Developer
Libraries, Frameworks & Software Standards
1 110 (15.30%) Web Services
2 90 (12.52%) Spring
3 85 (11.82%) .NET
4 79 (10.99%) AngularJS
5 68 (9.46%) REST
6 66 (9.18%) React
7 63 (8.76%) Middleware
8 46 (6.40%) Apache Camel
9 43 (5.98%) Spring Integration
10 39 (5.42%) XML
11 37 (5.15%) Node.js
12 36 (5.01%) Kafka
13 35 (4.87%) HTML
14 33 (4.59%) Hibernate
15 32 (4.45%) Vue.js
16 29 (4.03%) FIX Protocol
16 29 (4.03%) HTML5
17 28 (3.89%) CSS
18 25 (3.48%) JMS
19 23 (3.20%) STL
Miscellaneous
1 180 (25.03%) Fixed Income
2 159 (22.11%) Foreign Exchange (FX)
3 117 (16.27%) Derivative
4 107 (14.88%) Equities
5 64 (8.90%) Hedge funds
6 48 (6.68%) Analytical Skills
7 30 (4.17%) Credit Risk
8 27 (3.76%) Data Structures
9 24 (3.34%) Blog
10 23 (3.20%) Virtual Team
11 19 (2.64%) Greenfield Project
12 15 (2.09%) User Experience
13 13 (1.81%) Credit Derivative
13 13 (1.81%) Management Information System
13 13 (1.81%) Market Risk
14 11 (1.53%) Algorithms
14 11 (1.53%) Eurex
14 11 (1.53%) Grid Computing
15 9 (1.25%) Mobile Banking
16 8 (1.11%) Enterprise Software
Operating Systems
1 86 (11.96%) Linux
2 65 (9.04%) Windows
3 51 (7.09%) Unix
4 11 (1.53%) Windows Server
5 6 (0.83%) Windows Server 2008
5 6 (0.83%) Windows Server 2012
5 6 (0.83%) Windows Server 2016
5 6 (0.83%) Windows Server 2019
6 5 (0.70%) Red Hat Enterprise Linux
7 4 (0.56%) Solaris
8 3 (0.42%) Windows 10
8 3 (0.42%) Windows XP
9 2 (0.28%) Apple iOS
10 1 (0.14%) AIX
10 1 (0.14%) SUSE Linux Enterprise Server
Processes & Methodologies
1 235 (32.68%) Agile Software Development
2 115 (15.99%) Low Latency
3 106 (14.74%) Electronic Trading
4 96 (13.35%) TDD
5 94 (13.07%) Multithreading
6 77 (10.71%) Scrum
7 72 (10.01%) Software Engineering
8 68 (9.46%) Asset Management
9 65 (9.04%) Analytics
10 62 (8.62%) Investment Management
11 61 (8.48%) Test Automation
12 60 (8.34%) DevOps
13 57 (7.93%) BDD
13 57 (7.93%) Computer Science
14 56 (7.79%) SDLC
15 55 (7.65%) Mathematics
15 55 (7.65%) Risk Management
16 50 (6.95%) Problem-Solving
17 47 (6.54%) Microservices
18 45 (6.26%) Open Source
Programming Languages
1 341 (47.43%) Java
2 159 (22.11%) SQL
3 138 (19.19%) C#
3 138 (19.19%) Python
4 104 (14.46%) JavaScript
5 99 (13.77%) C++
6 55 (7.65%) Scala
7 31 (4.31%) Kotlin
8 23 (3.20%) TypeScript
9 13 (1.81%) C
9 13 (1.81%) Java 8
10 12 (1.67%) PL/SQL
10 12 (1.67%) VBA
11 8 (1.11%) PowerShell
11 8 (1.11%) VB
12 7 (0.97%) Java 9
12 7 (0.97%) T-SQL
13 4 (0.56%) Bash Shell
13 4 (0.56%) Haskell
14 3 (0.42%) VB.NET
Qualifications
1 60 (8.34%) Degree
2 28 (3.89%) Numerate Degree
3 17 (2.36%) Computer Science Degree
4 9 (1.25%) PhD
5 4 (0.56%) SC Cleared
5 4 (0.56%) Security Cleared
6 3 (0.42%) Cisco Certification
6 3 (0.42%) CISSP
7 2 (0.28%) (ISC)2 CCSP
7 2 (0.28%) CCSP
7 2 (0.28%) CISM
7 2 (0.28%) CREST Certified
7 2 (0.28%) GCFA
7 2 (0.28%) GCIA
7 2 (0.28%) GCIH
7 2 (0.28%) ISTQB
7 2 (0.28%) TOGAF Certification
8 1 (0.14%) CCIE Data Center
8 1 (0.14%) CCNP
8 1 (0.14%) Master's Degree
Quality Assurance & Compliance
1 16 (2.23%) QA
2 9 (1.25%) COREP
3 4 (0.56%) Data Quality
3 4 (0.56%) Dodd-Frank
3 4 (0.56%) ISO 20022
3 4 (0.56%) NIST
4 3 (0.42%) MiFID
4 3 (0.42%) PMO
5 2 (0.28%) Basel III
5 2 (0.28%) COBIT
5 2 (0.28%) EMIR
5 2 (0.28%) GDPR
5 2 (0.28%) PSD2
5 2 (0.28%) Sarbanes-Oxley
5 2 (0.28%) TARGET2
6 1 (0.14%) CRD IV
6 1 (0.14%) FINREP
6 1 (0.14%) ISO 15022
6 1 (0.14%) ISO/IEC 20000
6 1 (0.14%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 37 (5.15%) Docker
2 12 (1.67%) Active Directory
3 6 (0.83%) VMware ESXi
3 6 (0.83%) VMware Infrastructure
4 3 (0.42%) Apache Flume
4 3 (0.42%) HDFS
5 2 (0.28%) GridGain
6 1 (0.14%) Microsoft App-V
6 1 (0.14%) XenApp
6 1 (0.14%) XenDesktop
Systems Management
1 35 (4.87%) Kubernetes
2 22 (3.06%) Ansible
3 12 (1.67%) ITRS Geneos
3 12 (1.67%) Terraform
4 9 (1.25%) Puppet
5 5 (0.70%) BladeLogic
6 4 (0.56%) Microsoft Clustering
7 3 (0.42%) Opscode Chef
8 2 (0.28%) Control-M
8 2 (0.28%) CSIRT
8 2 (0.28%) SCCM
9 1 (0.14%) Single Sign-On
Vendors
1 60 (8.34%) Oracle
2 31 (4.31%) ION Trading
3 27 (3.76%) Atlassian
4 26 (3.62%) Sybase
5 23 (3.20%) Murex
6 20 (2.78%) Bloomberg
6 20 (2.78%) Microsoft
7 13 (1.81%) TIBCO
8 12 (1.67%) Google
8 12 (1.67%) Splunk
9 11 (1.53%) SunGard
9 11 (1.53%) Tradeweb
10 10 (1.39%) FIS
10 10 (1.39%) MarketAxess
11 9 (1.25%) Citrix
12 8 (1.11%) Cisco
12 8 (1.11%) VMware
13 7 (0.97%) Red Hat
14 6 (0.83%) SimCorp
14 6 (0.83%) Sun