Period
to

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 4 July 2022 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
4 Jul 2022
Same period 2021 Same period 2020
Rank 54 63 61
Rank change year-on-year +9 -2 +50
Contract jobs citing Investment Banking 1,763 1,166 709
As % of all contract jobs advertised in London 4.42% 4.21% 4.03%
As % of the General category 7.21% 7.30% 7.02%
Number of daily rates quoted 1,322 891 512
10th Percentile £550 £516 £463
25th Percentile £625 £575 £550
Median daily rate (50th Percentile) £725 £660 £625
Median % change year-on-year +9.85% +5.60% +8.70%
75th Percentile £825 £750 £732
90th Percentile £888 £800 £800
England median daily rate £725 £650 £625
% change year-on-year +11.54% +4.00% +8.70%
Number of hourly rates quoted 5 1 1
10th Percentile - - -
25th Percentile £26.00 £22.25 £16.75
Median hourly rate £60.00 £22.50 £18.50
Median % change year-on-year +166.67% +21.62% +23.33%
75th Percentile £62.50 £22.75 £20.25
90th Percentile £77.35 - -
England median hourly rate £60.00 £17.25 £18.50
% change year-on-year +247.83% -6.76% +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 24,463 15,971 10,093
As % of all contract IT jobs advertised in London 61.35% 57.65% 57.31%
Number of daily rates quoted 17,810 11,281 7,188
10th Percentile £388 £350 £323
25th Percentile £475 £450 £417
Median daily rate (50th Percentile) £585 £550 £525
Median % change year-on-year +6.36% +4.76% -
75th Percentile £700 £650 £638
90th Percentile £800 £730 £725
England median daily rate £550 £500 £488
% change year-on-year +10.00% +2.56% +2.63%
Number of hourly rates quoted 263 176 150
10th Percentile £18.09 £14.88 £14.34
25th Percentile £25.68 £20.00 £18.55
Median hourly rate £35.50 £29.00 £26.47
Median % change year-on-year +22.41% +9.56% +26.05%
75th Percentile £50.00 £46.69 £42.25
90th Percentile £67.50 £64.00 £55.10
England median hourly rate £23.31 £20.94 £20.00
% change year-on-year +11.34% +4.68% -

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 4 July 2022.

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
Hourly Rate Histogram in London

Hourly rate distribution of jobs citing Investment Banking in London over the 6 months to 4 July 2022.

Hourly rate histogram 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 4 July 2022. 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
Jobs
Central London -19 149 £725 +11.54% 18
South London -12 6 £700 +12.00% 1
Investment Banking
England

For the 6 months to 4 July 2022, 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 1,763 (100.00%) Banking
2 786 (44.58%) Finance
3 544 (30.86%) Agile
4 541 (30.69%) Front Office
5 502 (28.47%) SQL
6 495 (28.08%) Java
7 488 (27.68%) Social Skills
8 402 (22.80%) Python
9 388 (22.01%) C#
10 310 (17.58%) Electronic Trading
11 282 (16.00%) .NET
12 269 (15.26%) Foreign Exchange (FX)
13 253 (14.35%) Multithreading
14 239 (13.56%) DevOps
15 227 (12.88%) Azure
16 210 (11.91%) Fixed Income
17 207 (11.74%) Oracle
18 191 (10.83%) Analytical Skills
19 189 (10.72%) Low Latency
20 181 (10.27%) C++
21 179 (10.15%) Test Automation
22 176 (9.98%) JavaScript
22 176 (9.98%) CI/CD
23 175 (9.93%) Problem-Solving
24 174 (9.87%) Linux
24 174 (9.87%) Git (software)
25 173 (9.81%) Derivative
26 167 (9.47%) Microsoft
27 164 (9.30%) Wealth Management
28 163 (9.25%) SQL Server

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 38 (2.16%) Apache Spark
2 34 (1.93%) Mule
2 34 (1.93%) Red Hat Fuse
3 33 (1.87%) Confluence
4 29 (1.64%) Apache
5 25 (1.42%) SharePoint
6 20 (1.13%) CMS
6 20 (1.13%) JBoss
7 10 (0.57%) Oracle Coherence
8 8 (0.45%) SAS
8 8 (0.45%) WebSphere
9 7 (0.40%) Oracle SOA Suite
10 6 (0.34%) Tomcat
11 5 (0.28%) Adobe Experience Manager
11 5 (0.28%) IBM HTTP Server
11 5 (0.28%) IIS
11 5 (0.28%) Oracle Workflow
11 5 (0.28%) WebLogic
12 4 (0.23%) MQSeries
13 3 (0.17%) IBM Notes
Applications
1 85 (4.82%) Microsoft Excel
2 25 (1.42%) Microsoft Office
3 24 (1.36%) Microsoft PowerPoint
4 22 (1.25%) Spreadsheet
5 20 (1.13%) MS Visio
6 14 (0.79%) Microsoft Project
7 8 (0.45%) Sketch
8 2 (0.11%) Chatbot
9 1 (0.057%) Adobe XD
9 1 (0.057%) InVision
Business Applications
1 20 (1.13%) ION MarketView
2 12 (0.68%) HiPortfolio
3 11 (0.62%) Fidessa
4 6 (0.34%) SAP Oil and Gas
4 6 (0.34%) SunGard Martini
5 4 (0.23%) CA PPM
6 3 (0.17%) PeopleSoft HRMS
7 2 (0.11%) Actimize
7 2 (0.11%) Eikon
7 2 (0.11%) Endur
7 2 (0.11%) Orchestrade
7 2 (0.11%) PeopleSoft Financials
7 2 (0.11%) R3 Corda
8 1 (0.057%) Bloomberg AIM
8 1 (0.057%) Loan IQ
8 1 (0.057%) Payment Gateway
8 1 (0.057%) Remedy ITSM
8 1 (0.057%) RMDS
8 1 (0.057%) SAP S/4HANA
8 1 (0.057%) Temenos T24
Cloud Services
1 227 (12.88%) Azure
2 90 (5.10%) AWS
3 52 (2.95%) GCP
4 36 (2.04%) Azure Data Factory
5 27 (1.53%) Power Platform
6 23 (1.30%) Serverless
7 21 (1.19%) Azure Synapse Analytics
8 17 (0.96%) Azure AKS
8 17 (0.96%) Azure DevOps
9 16 (0.91%) npm
9 16 (0.91%) Snowflake
10 14 (0.79%) AWS Lambda
11 13 (0.74%) NuGet
11 13 (0.74%) SaaS
12 12 (0.68%) OpenShift
13 11 (0.62%) Azure Active Directory
14 9 (0.51%) Azure Functions
14 9 (0.51%) Azure Service Bus
15 8 (0.45%) Microsoft 365
15 8 (0.45%) PaaS
Communications & Networking
1 35 (1.99%) TCP/IP
2 28 (1.59%) Multicast
3 24 (1.36%) Firewall
4 20 (1.13%) RTMP
5 18 (1.02%) DSL
6 15 (0.85%) Wireshark
7 11 (0.62%) Network Security
8 9 (0.51%) BGP
8 9 (0.51%) FTP
8 9 (0.51%) VPN
9 7 (0.40%) Cisco Nexus
9 7 (0.40%) OSPF
10 6 (0.34%) Cisco IOS
10 6 (0.34%) FIX Connectivity
10 6 (0.34%) IGMP
10 6 (0.34%) IOS XR
10 6 (0.34%) LAN
10 6 (0.34%) MPLS
10 6 (0.34%) NX-OS
10 6 (0.34%) VXLAN
Database & Business Intelligence
1 163 (9.25%) SQL Server
2 151 (8.56%) Relational Database
3 53 (3.01%) Big Data
4 52 (2.95%) Data Warehouse
5 43 (2.44%) NoSQL
6 39 (2.21%) Oracle Database
7 33 (1.87%) Oracle Database 12c
8 31 (1.76%) Delta Lake
9 27 (1.53%) Power BI
10 23 (1.30%) MySQL
11 20 (1.13%) MongoDB
12 18 (1.02%) Data Lake
12 18 (1.02%) Metadata
12 18 (1.02%) PostgreSQL
13 16 (0.91%) Microsoft Analysis Services
13 16 (0.91%) Redis
14 15 (0.85%) Hadoop
15 13 (0.74%) RDBMS
16 12 (0.68%) Tableau
17 11 (0.62%) Neo4j
Development Applications
1 174 (9.87%) Git (software)
2 141 (8.00%) JIRA
3 139 (7.88%) TeamCity
4 107 (6.07%) Jenkins
5 86 (4.88%) Maven
6 50 (2.84%) Subversion
7 47 (2.67%) Gradle
8 45 (2.55%) Artifactory
9 43 (2.44%) Visual Studio
10 40 (2.27%) Bitbucket
11 33 (1.87%) GitLab
12 27 (1.53%) JUnit
13 19 (1.08%) webpack
14 17 (0.96%) jMock
14 17 (0.96%) Selenium
15 15 (0.85%) PowerDesigner
15 15 (0.85%) Sonatype Nexus
16 14 (0.79%) Eclipse
17 13 (0.74%) Cucumber
17 13 (0.74%) IntelliJ
General
1 1,763 (100.00%) Banking
2 786 (44.58%) Finance
3 541 (30.69%) Front Office
4 488 (27.68%) Social Skills
5 191 (10.83%) Analytical Skills
6 111 (6.30%) Retail
7 107 (6.07%) Retail Banking
8 102 (5.79%) Corporate Banking
9 62 (3.52%) Back Office
10 57 (3.23%) Presentation Skills
11 51 (2.89%) Legal
12 47 (2.67%) Financial Institution
13 17 (0.96%) Organisational Skills
14 15 (0.85%) Marketing
15 11 (0.62%) Documentation Skills
15 11 (0.62%) Private Banking
16 10 (0.57%) Inclusion and Diversity
16 10 (0.57%) Prime Brokerage
17 8 (0.45%) Influencing Skills
18 7 (0.40%) International Banking
Job Titles
1 883 (50.09%) Developer
2 318 (18.04%) Java Developer
3 245 (13.90%) Analyst
4 181 (10.27%) C# Developer
5 165 (9.36%) Senior Developer
6 142 (8.05%) Business Analyst
7 113 (6.41%) Banking Analyst
8 112 (6.35%) Python Developer
9 111 (6.30%) C# Developer - Investment Banking
10 110 (6.24%) Electronic Trading Developer
11 103 (5.84%) Project Manager
12 92 (5.22%) Architect
13 90 (5.10%) C++ Developer
14 86 (4.88%) Investment Banking Java Developer
15 83 (4.71%) Electronic Trading Java Developer
16 72 (4.08%) Senior Java Developer
17 65 (3.69%) React Developer
18 64 (3.63%) Full Stack Developer
19 58 (3.29%) .NET Developer
20 53 (3.01%) Investment Banking C++ Developer
Libraries, Frameworks & Software Standards
1 282 (16.00%) .NET
2 156 (8.85%) Spring
3 136 (7.71%) React
4 97 (5.50%) AngularJS
4 97 (5.50%) CSS
5 96 (5.45%) XML
6 93 (5.28%) REST
7 88 (4.99%) HTML
8 83 (4.71%) RESTful
9 82 (4.65%) WPF
10 81 (4.59%) .NET Framework
11 74 (4.20%) .NET Core
12 63 (3.57%) Reactive Extensions
13 61 (3.46%) Rendezvous
14 60 (3.40%) Middleware
15 50 (2.84%) Boost C++ Libraries
15 50 (2.84%) STL
16 46 (2.61%) Kafka
17 44 (2.50%) ASP.NET
18 43 (2.44%) Spring Boot
Miscellaneous
1 269 (15.26%) Foreign Exchange (FX)
2 210 (11.91%) Fixed Income
3 173 (9.81%) Derivative
4 83 (4.71%) User Experience
5 74 (4.20%) Equities
6 69 (3.91%) Algorithms
7 66 (3.74%) Market Risk
8 54 (3.06%) Credit Risk
9 53 (3.01%) Virtual Team
10 52 (2.95%) Data Structures
11 51 (2.89%) Greenfield Project
12 34 (1.93%) Clustering
13 29 (1.64%) Enterprise Software
14 23 (1.30%) Self-Motivation
15 22 (1.25%) Interest Rate Derivative
16 21 (1.19%) Swaptions
17 20 (1.13%) Credit Derivative
18 18 (1.02%) Management Information System
19 15 (0.85%) Hedge funds
19 15 (0.85%) Mobile App
Operating Systems
1 174 (9.87%) Linux
2 155 (8.79%) Windows
3 112 (6.35%) Unix
4 26 (1.47%) Windows 10
5 16 (0.91%) Android
5 16 (0.91%) Red Hat Enterprise Linux
6 15 (0.85%) Apple iOS
7 7 (0.40%) Windows Server
8 3 (0.17%) Mac OS
8 3 (0.17%) Windows 7
9 2 (0.11%) zOS
10 1 (0.057%) Ubuntu
Processes & Methodologies
1 544 (30.86%) Agile
2 310 (17.58%) Electronic Trading
3 253 (14.35%) Multithreading
4 239 (13.56%) DevOps
5 189 (10.72%) Low Latency
6 179 (10.15%) Test Automation
7 176 (9.98%) CI/CD
8 175 (9.93%) Problem-Solving
9 164 (9.30%) Wealth Management
10 153 (8.68%) TDD
11 150 (8.51%) SDLC
12 147 (8.34%) Scrum
13 141 (8.00%) Project Management
14 131 (7.43%) Analytics
15 113 (6.41%) OO
16 108 (6.13%) Migration
17 101 (5.73%) Change Management
18 99 (5.62%) Continuous Integration
19 94 (5.33%) Full Stack Development
20 93 (5.28%) Stakeholder Management
Programming Languages
1 502 (28.47%) SQL
2 495 (28.08%) Java
3 402 (22.80%) Python
4 388 (22.01%) C#
5 181 (10.27%) C++
6 176 (9.98%) JavaScript
7 113 (6.41%) TypeScript
8 84 (4.76%) Scala
9 51 (2.89%) PowerShell
10 34 (1.93%) T-SQL
11 29 (1.64%) Bash
12 25 (1.42%) PL/SQL
13 24 (1.36%) Groovy
14 23 (1.30%) C
15 21 (1.19%) VBA
16 20 (1.13%) XAML
17 19 (1.08%) Perl
17 19 (1.08%) SPARQL
18 15 (0.85%) Shell Script
19 13 (0.74%) ES6
Qualifications
1 123 (6.98%) Degree
2 48 (2.72%) Computer Science Degree
3 26 (1.47%) Master's Degree
4 21 (1.19%) Numerate Degree
5 20 (1.13%) CFA
6 12 (0.68%) CISSP
7 11 (0.62%) CISM
8 10 (0.57%) PhD
9 9 (0.51%) MBA
10 8 (0.45%) PMP
11 4 (0.23%) Cisco Certification
11 4 (0.23%) PMI Certification
12 3 (0.17%) ISEB
12 3 (0.17%) ITIL Certification
13 2 (0.11%) CCNA
13 2 (0.11%) CISA
13 2 (0.11%) ISTQB
13 2 (0.11%) ISTQB Foundation Certification
14 1 (0.057%) CIMA
14 1 (0.057%) CRISC
Quality Assurance & Compliance
1 79 (4.48%) QA
2 41 (2.33%) PMO
3 21 (1.19%) Data Quality
4 16 (0.91%) MiFID
5 12 (0.68%) EMIR
6 8 (0.45%) GDPR
7 6 (0.34%) ISO 20022
7 6 (0.34%) NIST
8 5 (0.28%) ISO/IEC 27001
9 3 (0.17%) Basel III
9 3 (0.17%) COBIT
9 3 (0.17%) Dodd-Frank
9 3 (0.17%) FATCA
9 3 (0.17%) SLA
10 2 (0.11%) CRD IV
10 2 (0.11%) GRC
10 2 (0.11%) ISO/IEC 27005
10 2 (0.11%) PSD2
11 1 (0.057%) IFRS
11 1 (0.057%) SEPA
System Software
1 113 (6.41%) Docker
2 18 (1.02%) Active Directory
3 5 (0.28%) Virtual Desktop
4 4 (0.23%) HDFS
5 3 (0.17%) Oracle RAC
5 3 (0.17%) ProxySG
5 3 (0.17%) VMware Infrastructure
6 1 (0.057%) Virtual Machines
Systems Management
1 109 (6.18%) Kubernetes
2 74 (4.20%) Ansible
3 44 (2.50%) ITRS Geneos
4 32 (1.82%) Terraform
5 31 (1.76%) BladeLogic
6 15 (0.85%) Single Sign-On
7 13 (0.74%) CA Single Sign-On
8 10 (0.57%) Puppet
9 9 (0.51%) Control-M
9 9 (0.51%) CSIRT
9 9 (0.51%) Docker Swarm
9 9 (0.51%) Mesos
9 9 (0.51%) Rancher
10 8 (0.45%) MIIS
11 6 (0.34%) Grafana
12 5 (0.28%) ZABBIX
13 4 (0.23%) Nexpose
14 3 (0.17%) HP Quality Center
14 3 (0.17%) SCCM
15 2 (0.11%) Kibana
Vendors
1 207 (11.74%) Oracle
2 167 (9.47%) Microsoft
3 79 (4.48%) Databricks
4 65 (3.69%) TIBCO
5 50 (2.84%) Bloomberg
6 42 (2.38%) DevExpress
7 38 (2.16%) ION Trading
8 35 (1.99%) Sybase
9 33 (1.87%) Reuters
10 32 (1.82%) IBM
11 26 (1.47%) SAP
12 21 (1.19%) Sun
13 20 (1.13%) Cisco
14 19 (1.08%) Telerik
15 17 (0.96%) CA
16 15 (0.85%) BiZZdesign
16 15 (0.85%) Murex
17 14 (0.79%) Azul
17 14 (0.79%) Red Hat
18 13 (0.74%) Vermilion