Period
to 15 May 2021

The table below looks at the prevalence of the term Investment Banking in contract job vacancies advertised in London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 15 May 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
England > London
6 months to
15 May 2021
Same period 2020 Same period 2019
Rank 61 80 114
Rank change year-on-year +19 +34 -37
Contract jobs citing Investment Banking 968 620 974
As % of all contract jobs advertised in London 4.05% 3.02% 2.41%
As % of the General category 7.11% 5.43% 4.24%
Number of daily rates quoted 722 436 732
10th Percentile £500 £438 £400
25th Percentile £569 £540 £475
Median daily rate (50th Percentile) £650 £625 £575
Median % change year-on-year +4.00% +8.70% -4.17%
75th Percentile £738 £713 £675
90th Percentile £775 £788 £761
England median daily rate £650 £625 £575
% change year-on-year +4.00% +8.70% -
Number of hourly rates quoted 1 2 10
10th Percentile " £14.61 £14.50
25th Percentile £22.25 £14.97 "
Median hourly rate £22.50 £16.75 £15.00
Median % change year-on-year +34.33% +11.67% -
75th Percentile £22.75 £19.09 £16.13
90th Percentile " £19.79 £18.45
England median hourly rate £22.50 £18.50 £15.00
% change year-on-year +21.62% +23.33% -

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 London with a requirement for common skills.

All General Skills
London
Contract vacancies with a requirement for common skills 13,606 11,410 22,986
As % of all contract IT jobs advertised in London 56.99% 55.53% 56.81%
Number of daily rates quoted 9,657 8,090 16,229
10th Percentile £350 £306 £315
25th Percentile £425 £413 £413
Median daily rate (50th Percentile) £525 £525 £525
75th Percentile £650 £625 £625
90th Percentile £725 £713 £700
England median daily rate £500 £475 £475
% change year-on-year +5.26% - +2.15%
Number of hourly rates quoted 156 190 284
10th Percentile £14.63 £12.76 £11.25
25th Percentile £20.00 £17.25 £15.18
Median hourly rate £28.44 £23.00 £20.00
Median % change year-on-year +23.63% +15.00% -6.98%
75th Percentile £47.50 £38.75 £34.50
90th Percentile £64.50 £53.75 £50.68
England median hourly rate £22.50 £19.71 £18.75
% change year-on-year +14.16% +5.12% +1.32%

Investment Banking
Job Vacancy Trend in London

Job postings citing Investment Banking as a proportion of all IT jobs advertised in London.

Job vacancy trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Trend in London

3-month moving average daily rate quoted in jobs citing Investment Banking in London.

Daily rate trend for Investment Banking in London

Investment Banking
Daily Rate Histogram in London

Daily rate distribution for jobs citing Investment Banking in London over the 6 months to 15 May 2021.

Daily rate histogram for Investment Banking in London

Investment Banking
Contractor Hourly Rate Trend in London

3-month moving average hourly rates quoted in jobs citing Investment Banking in London.

Hourly rate trend for Investment Banking in London

Investment Banking
Contract Job Locations in London

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 London region over the 6 months to 15 May 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
Central London +48 117 £650 +8.33% 31
South London +32 1 - - 3
Investment Banking
England

For the 6 months to 15 May 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 London region with a requirement for Investment Banking.

1 968 (100.00%) Banking
2 442 (45.66%) Java
3 403 (41.63%) Front Office
4 380 (39.26%) Finance
5 348 (35.95%) Agile Software Development
6 283 (29.24%) SQL
7 218 (22.52%) C#
8 215 (22.21%) Foreign Exchange (FX)
9 174 (17.98%) Social Skills
10 171 (17.67%) .NET
11 163 (16.84%) Multithreading
12 159 (16.43%) Oracle
13 152 (15.70%) Python
14 145 (14.98%) C++
14 145 (14.98%) Derivative
15 140 (14.46%) Low Latency
16 139 (14.36%) DevOps
16 139 (14.36%) Spring
17 136 (14.05%) Electronic Trading
18 135 (13.95%) Fixed Income
19 130 (13.43%) Git (software)
20 123 (12.71%) Scrum
21 112 (11.57%) Linux
21 112 (11.57%) TDD
22 103 (10.64%) Analytical Skills
23 100 (10.33%) Kafka
24 91 (9.40%) Scala
25 84 (8.68%) Degree
25 84 (8.68%) Middleware
26 82 (8.47%) Problem-Solving

Investment Banking
Co-occurring IT Skills in London 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 (4.96%) Apache Spark
2 45 (4.65%) Mule
3 37 (3.82%) Red Hat Fuse
4 32 (3.31%) Oracle Coherence
5 21 (2.17%) Confluence
6 19 (1.96%) Apache
7 15 (1.55%) JBoss
8 11 (1.14%) Oracle SOA Suite
9 6 (0.62%) IIS
9 6 (0.62%) Tomcat
10 5 (0.52%) DataSynapse
11 4 (0.41%) SAS
11 4 (0.41%) SharePoint
12 3 (0.31%) Apache Pig
12 3 (0.31%) WebLogic
12 3 (0.31%) WebSphere
13 2 (0.21%) Exchange Server 2013
13 2 (0.21%) Jupyter
13 2 (0.21%) MQSeries
13 2 (0.21%) MS Exchange
Applications
1 19 (1.96%) Microsoft Excel
2 13 (1.34%) Microsoft Office
3 12 (1.24%) Microsoft PowerPoint
4 5 (0.52%) Microsoft Project
5 4 (0.41%) MS Visio
6 3 (0.31%) Chatbot
7 2 (0.21%) Adobe Illustrator
7 2 (0.21%) Photoshop
8 1 (0.10%) Spreadsheet
Business Applications
1 12 (1.24%) SunGard Martini
2 6 (0.62%) Oracle Assets
2 6 (0.62%) Oracle EBS
2 6 (0.62%) Oracle E-Business Tax
2 6 (0.62%) Oracle FAH
2 6 (0.62%) Oracle Financials
2 6 (0.62%) Oracle General Ledger
2 6 (0.62%) Oracle Internet Expenses
2 6 (0.62%) Oracle iProcurement
2 6 (0.62%) Oracle Payables
2 6 (0.62%) Oracle Receivables
2 6 (0.62%) Oracle Subledger Accounting
3 5 (0.52%) ION MarketView
4 2 (0.21%) Loan IQ
4 2 (0.21%) Orchestrade
4 2 (0.21%) Summit
5 1 (0.10%) Bloomberg AIM
5 1 (0.10%) BusinessWorks
5 1 (0.10%) Distributed Ledger
5 1 (0.10%) Sentinel
Cloud Services
1 63 (6.51%) Azure
2 53 (5.48%) AWS
3 24 (2.48%) GCP
4 17 (1.76%) NuGet
5 14 (1.45%) OpenShift
6 11 (1.14%) GitHub
7 10 (1.03%) Azure Synapse Analytics
8 7 (0.72%) Cloud Computing
9 5 (0.52%) Apigee
10 4 (0.41%) SaaS
11 3 (0.31%) IaaS
11 3 (0.31%) Power Platform
12 2 (0.21%) AWS Lambda
12 2 (0.21%) Boomi
12 2 (0.21%) CloudBees
12 2 (0.21%) Microsoft 365
12 2 (0.21%) npm
12 2 (0.21%) Salesforce Sales Cloud
12 2 (0.21%) Serverless
12 2 (0.21%) Stackdriver
Communications & Networking
1 23 (2.38%) Firewall
2 14 (1.45%) Multicast
3 11 (1.14%) TCP/IP
4 7 (0.72%) FIX Connectivity
4 7 (0.72%) SSL
4 7 (0.72%) tcpdump
4 7 (0.72%) Wireshark
5 6 (0.62%) HTTP
5 6 (0.62%) Kerberos
6 4 (0.41%) Cisco Nexus
6 4 (0.41%) NAS
7 2 (0.21%) OSPF
7 2 (0.21%) VLAN
8 1 (0.10%) Internet
8 1 (0.10%) Network Security
8 1 (0.10%) VPN
Database & Business Intelligence
1 81 (8.37%) SQL Server
2 49 (5.06%) Big Data
3 48 (4.96%) Relational Database
4 47 (4.86%) NoSQL
5 41 (4.24%) Data Warehouse
6 39 (4.03%) Apache Cassandra
6 39 (4.03%) Hadoop
7 31 (3.20%) MongoDB
8 24 (2.48%) Oracle Database
9 21 (2.17%) Hazelcast
10 19 (1.96%) Oracle Database 12c
11 16 (1.65%) MySQL
12 15 (1.55%) Apache Hive
13 14 (1.45%) Redis
14 13 (1.34%) Apache Ignite
15 12 (1.24%) HBase
16 10 (1.03%) Microsoft Analysis Services
16 10 (1.03%) Tableau
17 8 (0.83%) Flink
18 7 (0.72%) Oracle Database 11g
Development Applications
1 130 (13.43%) Git (software)
2 60 (6.20%) JIRA
3 50 (5.17%) Subversion
4 49 (5.06%) Visual Studio
5 36 (3.72%) Bitbucket
5 36 (3.72%) Maven
6 35 (3.62%) TeamCity
7 33 (3.41%) Jenkins
8 19 (1.96%) Artifactory
9 18 (1.86%) JUnit
10 15 (1.55%) jMock
11 14 (1.45%) Cucumber
12 13 (1.34%) Atlassian Bamboo
12 13 (1.34%) CppUnit
13 12 (1.24%) Oracle APEX
14 10 (1.03%) FishEye
14 10 (1.03%) Hudson
14 10 (1.03%) Moq
14 10 (1.03%) PowerDesigner
15 7 (0.72%) Octopus Deploy
General
1 968 (100.00%) Banking
2 403 (41.63%) Front Office
3 380 (39.26%) Finance
4 174 (17.98%) Social Skills
5 103 (10.64%) Analytical Skills
6 30 (3.10%) Back Office
7 26 (2.69%) Financial Institution
7 26 (2.69%) Retail
8 21 (2.17%) Documentation Skills
9 18 (1.86%) Corporate Banking
9 18 (1.86%) Retail Banking
10 15 (1.55%) Legal
11 11 (1.14%) French Language
12 10 (1.03%) Organisational Skills
13 9 (0.93%) Presentation Skills
14 8 (0.83%) Private Banking
15 6 (0.62%) Public Sector
16 4 (0.41%) International Banking
16 4 (0.41%) Marketing
16 4 (0.41%) Prime Brokerage
Job Titles
1 592 (61.16%) Developer
2 320 (33.06%) Java Developer
3 135 (13.95%) Senior Developer
4 117 (12.09%) Analyst
5 110 (11.36%) C# Developer
6 107 (11.05%) Front Office Developer
7 102 (10.54%) Investment Banking Java Developer
8 90 (9.30%) Senior Java Developer
9 74 (7.64%) Business Analyst
10 60 (6.20%) C# Developer - Investment Banking
11 57 (5.89%) C++ Developer
12 48 (4.96%) Electronic Trading Developer
13 44 (4.55%) SQL Developer
14 43 (4.44%) Banking Analyst
15 41 (4.24%) Consultant
15 41 (4.24%) Electronic Trading Java Developer
15 41 (4.24%) Integration Developer
16 40 (4.13%) Quantitative Developer
17 37 (3.82%) Investment Banking C++ Developer
18 34 (3.51%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 171 (17.67%) .NET
2 139 (14.36%) Spring
3 100 (10.33%) Kafka
4 84 (8.68%) Middleware
5 80 (8.26%) AngularJS
5 80 (8.26%) REST
6 70 (7.23%) HTML
7 59 (6.10%) Web Services
8 56 (5.79%) Spring Boot
9 55 (5.68%) HTML5
10 52 (5.37%) FIX Protocol
11 50 (5.17%) Hibernate
12 49 (5.06%) Apache Camel
13 45 (4.65%) .NET Core
14 44 (4.55%) .NET Framework
15 41 (4.24%) React
15 41 (4.24%) Spring Integration
16 33 (3.41%) XML
17 32 (3.31%) WPF
18 28 (2.89%) RESTful
Miscellaneous
1 215 (22.21%) Foreign Exchange (FX)
2 145 (14.98%) Derivative
3 135 (13.95%) Fixed Income
4 65 (6.71%) Equities
5 56 (5.79%) Data Structures
6 38 (3.93%) Greenfield Project
7 35 (3.62%) Market Risk
8 28 (2.89%) User Experience
9 27 (2.79%) Credit Risk
10 23 (2.38%) Algorithms
10 23 (2.38%) Grid Computing
11 22 (2.27%) Hedge funds
12 19 (1.96%) Virtual Team
13 15 (1.55%) Credit Derivative
14 13 (1.34%) Self-Motivation
15 11 (1.14%) Equity Derivative
16 10 (1.03%) Interest Rate Derivative
17 8 (0.83%) N-Tier
17 8 (0.83%) Reference Data
18 7 (0.72%) Data Centre
Operating Systems
1 112 (11.57%) Linux
2 78 (8.06%) Windows
3 74 (7.64%) Unix
4 4 (0.41%) Windows Server 2012
5 3 (0.31%) Apple iOS
5 3 (0.31%) Red Hat Enterprise Linux
5 3 (0.31%) Windows 10
6 2 (0.21%) Android
6 2 (0.21%) Mac OS
6 2 (0.21%) Windows Server
6 2 (0.21%) Windows Server 2008
6 2 (0.21%) Windows Server 2016
6 2 (0.21%) Windows Server 2019
7 1 (0.10%) Mac OS X
7 1 (0.10%) Windows 7
Processes & Methodologies
1 348 (35.95%) Agile Software Development
2 163 (16.84%) Multithreading
3 140 (14.46%) Low Latency
4 139 (14.36%) DevOps
5 136 (14.05%) Electronic Trading
6 123 (12.71%) Scrum
7 112 (11.57%) TDD
8 82 (8.47%) Problem-Solving
9 80 (8.26%) Unit Testing
10 78 (8.06%) Analytics
11 76 (7.85%) Multithreaded Programming
12 75 (7.75%) Risk Management
13 74 (7.64%) Software Engineering
14 73 (7.54%) Microservices
15 69 (7.13%) SDLC
16 65 (6.71%) Performance Tuning
17 62 (6.40%) Mathematics
17 62 (6.40%) Test Automation
18 60 (6.20%) BDD
18 60 (6.20%) Refactoring
Programming Languages
1 442 (45.66%) Java
2 283 (29.24%) SQL
3 218 (22.52%) C#
4 152 (15.70%) Python
5 145 (14.98%) C++
6 91 (9.40%) Scala
7 78 (8.06%) JavaScript
8 49 (5.06%) Java 8
9 48 (4.96%) PL/SQL
10 42 (4.34%) TypeScript
11 21 (2.17%) C
12 18 (1.86%) T-SQL
13 16 (1.65%) Java 9
14 13 (1.34%) Haskell
15 11 (1.14%) PHP
16 10 (1.03%) Perl
17 9 (0.93%) Kotlin
17 9 (0.93%) VB
18 7 (0.72%) Shell Script
18 7 (0.72%) VBA
Qualifications
1 84 (8.68%) Degree
2 24 (2.48%) Numerate Degree
3 15 (1.55%) Computer Science Degree
4 8 (0.83%) PhD
5 5 (0.52%) FFIEC
6 4 (0.41%) CFA
6 4 (0.41%) CISA
6 4 (0.41%) Cisco Certification
6 4 (0.41%) ISACA
7 3 (0.31%) ACCA
7 3 (0.31%) ISTQB
7 3 (0.31%) Microsoft Certification
8 2 (0.21%) CCIE
8 2 (0.21%) CCIE Data Center
8 2 (0.21%) Master's Degree
8 2 (0.21%) MCITP
8 2 (0.21%) PRINCE2 Certification
8 2 (0.21%) SC Cleared
8 2 (0.21%) Security Cleared
8 2 (0.21%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 23 (2.38%) QA
2 15 (1.55%) PMO
3 14 (1.45%) MiFID
4 13 (1.34%) Data Quality
5 7 (0.72%) SLA
6 6 (0.62%) ISO/IEC 27001
7 5 (0.52%) EMIR
7 5 (0.52%) ISO/IEC 27005
7 5 (0.52%) NIST
7 5 (0.52%) NIST 800
8 4 (0.41%) COBIT
8 4 (0.41%) Dodd-Frank
9 3 (0.31%) FATCA
9 3 (0.31%) GDPR
9 3 (0.31%) ISO 20022
10 2 (0.21%) Basel III
10 2 (0.21%) Sarbanes-Oxley
11 1 (0.10%) COREP
11 1 (0.10%) FINREP
11 1 (0.10%) TARGET2
System Software
1 70 (7.23%) Docker
2 17 (1.76%) Platform Symphony
3 10 (1.03%) GridGain
4 8 (0.83%) HDFS
5 5 (0.52%) Active Directory
6 3 (0.31%) Apache Flume
7 2 (0.21%) EMC RecoverPoint
7 2 (0.21%) VMware ESXi
7 2 (0.21%) VMware Infrastructure
7 2 (0.21%) vSphere
8 1 (0.10%) Virtual Desktop
8 1 (0.10%) Virtual Machines
Systems Management
1 56 (5.79%) Kubernetes
2 32 (3.31%) Ansible
3 16 (1.65%) Terraform
4 14 (1.45%) Puppet
5 12 (1.24%) ITRS Geneos
6 6 (0.62%) CA Single Sign-On
6 6 (0.62%) HP Fortify
6 6 (0.62%) Opscode Chef
7 3 (0.31%) Control-M
7 3 (0.31%) SCCM
8 2 (0.21%) BladeLogic
8 2 (0.21%) Docker Swarm
8 2 (0.21%) Mesos
8 2 (0.21%) NetBackup
8 2 (0.21%) Rancher
8 2 (0.21%) SCOM
9 1 (0.10%) Backup Exec
9 1 (0.10%) Istio
9 1 (0.10%) Kibana
9 1 (0.10%) Systems Management Server (SMS)
Vendors
1 159 (16.43%) Oracle
2 62 (6.40%) Microsoft
3 39 (4.03%) Atlassian
4 33 (3.41%) ION Trading
5 32 (3.31%) TIBCO
6 27 (2.79%) IBM
7 19 (1.96%) Sybase
8 18 (1.86%) Citrix
9 17 (1.76%) Murex
10 16 (1.65%) DevExpress
10 16 (1.65%) Google
11 12 (1.24%) FIS
11 12 (1.24%) Splunk
11 12 (1.24%) SunGard
12 11 (1.14%) Bloomberg
13 10 (1.03%) BiZZdesign
13 10 (1.03%) Databricks
13 10 (1.03%) SAP
14 9 (0.93%) Salesforce.com
15 8 (0.83%) Cisco