Period
to 27 January 2020

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 27 January 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
England > London
6 months to
27 Jan 2020
Same period 2019 Same period 2018
Rank 123 100 54
Rank change year-on-year -23 -46 +6
Contract jobs citing Investment Banking 649 1,170 2,048
As % of all contract IT jobs advertised in London 2.18% 2.67% 4.42%
As % of the General category 5.08% 5.72% 9.16%
Number of daily rates quoted 448 932 1,586
London median daily rate £600 £600 £588
Median daily rate % change year-on-year - +2.13% +2.17%
10th Percentile £390 £425 £419
90th Percentile £725 £763 £738
England median daily rate £600 £600 £575
% change year-on-year - +4.35% -
Number of hourly rates quoted 3 7 5
London median hourly rate £21.00 £15.00 £15.00
Median hourly rate % change year-on-year +40.00% - -81.25%
England median hourly rate £44.00 £15.00 £15.00
% change year-on-year +193.33% - -81.25%

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 12,781 20,470 22,368
As % of all contract IT jobs advertised in London 42.96% 46.76% 48.30%
Number of daily rates quoted 8,986 14,487 16,184
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £313 £313 £308
90th Percentile £713 £700 £688
England median daily rate £488 £495 £475
% change year-on-year -1.52% +4.21% +5.56%
Number of hourly rates quoted 167 252 248
London median hourly rate £25.00 £24.08 £22.00
Median hourly rate % change year-on-year +3.82% +9.45% -
10th Percentile £12.44 £14.00 £13.00
90th Percentile £52.50 £53.75 £47.50
England median hourly rate £21.50 £22.50 £22.00
% change year-on-year -4.44% +2.27% +4.76%

Investment Banking
Job Vacancy Trend in London

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

Job vacancy trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Investment Banking in London.

Contractor daily rate trend for Investment Banking in London

Investment Banking
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Investment Banking in London over the 6 months to 27 January 2020.

Contractor daily rate histogram for Investment Banking in London

Investment Banking
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Investment Banking in London.

Contractor hourly rate trend for Investment Banking in London

Investment Banking
Contractor Hourly Rate Histogram in London

The hourly rate distribution of IT jobs citing Investment Banking in London over the 6 months to 27 January 2020.

Contractor 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 27 January 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
Central London -5 117 £625 +4.17% 23
South London +38 14 £588 +6.82%
East London +30 5 £330 -49.23% 3
West London +36 2 £525 +6.33%
Investment Banking
England

For the 6 months to 27 January 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 London region with a requirement for Investment Banking.

1 649 (100.00%) Banking
2 270 (41.60%) Finance
3 250 (38.52%) Java
4 235 (36.21%) Agile Software Development
5 181 (27.89%) Front Office
6 130 (20.03%) SQL
7 111 (17.10%) Python
8 98 (15.10%) JavaScript
9 83 (12.79%) Fixed Income
9 83 (12.79%) TDD
9 83 (12.79%) Derivative
10 76 (11.71%) Foreign Exchange (FX)
10 76 (11.71%) AngularJS
11 69 (10.63%) Equities
12 67 (10.32%) Azure
13 66 (10.17%) Spring
14 61 (9.40%) C#
15 60 (9.24%) Oracle
15 60 (9.24%) Software Engineering
15 60 (9.24%) SDLC
16 59 (9.09%) React
17 58 (8.94%) DevOps
18 57 (8.78%) AWS
18 57 (8.78%) Problem-Solving
19 55 (8.47%) Wealth Management
19 55 (8.47%) HTML
20 53 (8.17%) Migration
21 52 (8.01%) Analytical Skills
22 51 (7.86%) Linux
22 51 (7.86%) Investment Management

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 22 (3.39%) Apache Spark
2 19 (2.93%) Confluence
3 14 (2.16%) Elasticsearch
4 9 (1.39%) Apache
5 7 (1.08%) Oracle Coherence
5 7 (1.08%) SharePoint
6 4 (0.62%) IBM Notes
7 3 (0.46%) CMS
7 3 (0.46%) Jupyter
7 3 (0.46%) SAS
8 2 (0.31%) Cloud Foundry
9 1 (0.15%) Adobe Experience Manager
9 1 (0.15%) Apache Airflow
9 1 (0.15%) ColdFusion
9 1 (0.15%) MS Exchange
9 1 (0.15%) Mule
9 1 (0.15%) SharePoint 2010
9 1 (0.15%) Tornado
9 1 (0.15%) WebLogic
Applications
1 24 (3.70%) Microsoft Office
2 18 (2.77%) Microsoft Excel
3 7 (1.08%) Sketch
4 5 (0.77%) Microsoft Project
5 4 (0.62%) InVision
5 4 (0.62%) Microsoft PowerPoint
5 4 (0.62%) MS Visio
6 2 (0.31%) Adobe Premiere
6 2 (0.31%) Camtasia
6 2 (0.31%) Chatbot
6 2 (0.31%) OmniGraffle
6 2 (0.31%) UserZoom
7 1 (0.15%) Adobe After Effects
7 1 (0.15%) Adobe Captivate
7 1 (0.15%) RoboHelp
Business Applications
1 3 (0.46%) PolarLake
2 2 (0.31%) ION MarketView
2 2 (0.31%) Markit EDM
2 2 (0.31%) Oracle AML
2 2 (0.31%) Oracle Assets
2 2 (0.31%) Oracle Cash Management
2 2 (0.31%) Oracle EBS
2 2 (0.31%) Oracle FAH
2 2 (0.31%) Oracle General Ledger
2 2 (0.31%) Oracle Payables
2 2 (0.31%) Oracle Receivables
3 1 (0.15%) Actimize
3 1 (0.15%) Bloomberg TOMS
3 1 (0.15%) Dynamics CRM
3 1 (0.15%) Eikon
3 1 (0.15%) MultiFonds
3 1 (0.15%) Oracle Internet Expenses
3 1 (0.15%) Oracle iProcurement
3 1 (0.15%) Oracle Subledger Accounting
3 1 (0.15%) SAP Oil and Gas
Cloud Services
1 67 (10.32%) Azure
2 57 (8.78%) AWS
3 43 (6.63%) GCP
4 19 (2.93%) GitHub
5 17 (2.62%) Amazon SQS
6 16 (2.47%) Amazon ECS
7 11 (1.69%) npm
8 7 (1.08%) Office 365
8 7 (1.08%) OpenShift
9 5 (0.77%) SaaS
9 5 (0.77%) Yarn
10 4 (0.62%) OneDrive
10 4 (0.62%) PaaS
10 4 (0.62%) Power Platform
11 3 (0.46%) Cloud Computing
11 3 (0.46%) IaaS
12 2 (0.31%) Amazon EMR
12 2 (0.31%) Amazon S3
12 2 (0.31%) SurveyMonkey
13 1 (0.15%) Amazon EKS
Communications & Networking
1 24 (3.70%) TCP/IP
2 22 (3.39%) Cisco Nexus
3 20 (3.08%) Cisco IOS
3 20 (3.08%) LAN
4 19 (2.93%) Junos
4 19 (2.93%) NX-OS
4 19 (2.93%) VPN
5 17 (2.62%) BGP
5 17 (2.62%) Multicast
5 17 (2.62%) OSPF
5 17 (2.62%) Wireless
6 16 (2.47%) MPLS
6 16 (2.47%) Wireshark
6 16 (2.47%) WLAN
7 15 (2.31%) Cisco ISE
7 15 (2.31%) Cisco Wireless
7 15 (2.31%) EIGRP
7 15 (2.31%) Ethernet
8 14 (2.16%) IGMP
8 14 (2.16%) Plixer Scrutinizer
Database & Business Intelligence
1 30 (4.62%) SQL Server
2 29 (4.47%) Big Data
3 27 (4.16%) Relational Database
4 20 (3.08%) MongoDB
5 19 (2.93%) Amazon Redshift
6 15 (2.31%) Hadoop
6 15 (2.31%) NoSQL
7 11 (1.69%) Apache Hive
7 11 (1.69%) Data Warehouse
7 11 (1.69%) KDB
8 10 (1.54%) Kdb+
9 9 (1.39%) Flink
9 9 (1.39%) Oracle Database
10 8 (1.23%) Impala
10 8 (1.23%) MySQL
10 8 (1.23%) PostgreSQL
10 8 (1.23%) Spark SQL
11 7 (1.08%) RDBMS
12 6 (0.92%) Apache Cassandra
12 6 (0.92%) BusinessObjects
Development Applications
1 47 (7.24%) JIRA
2 44 (6.78%) Git (software)
3 23 (3.54%) Maven
4 20 (3.08%) TeamCity
5 18 (2.77%) Jenkins
5 18 (2.77%) Sonatype Nexus
6 12 (1.85%) Bitbucket
6 12 (1.85%) JUnit
7 8 (1.23%) webpack
8 7 (1.08%) Axure RP
9 6 (0.92%) Eclipse
9 6 (0.92%) GitLab
10 5 (0.77%) Ant
10 5 (0.77%) Bitbucket Server
10 5 (0.77%) Cucumber
10 5 (0.77%) Subversion
11 4 (0.62%) IntelliJ
11 4 (0.62%) SonarQube
12 3 (0.46%) Gatling
12 3 (0.46%) The Grinder
General
1 649 (100.00%) Banking
2 270 (41.60%) Finance
3 181 (27.89%) Front Office
4 49 (7.55%) Retail Banking
5 48 (7.40%) Retail
6 38 (5.86%) Corporate Banking
7 17 (2.62%) Legal
7 17 (2.62%) Marketing
8 16 (2.47%) Financial Institution
9 13 (2.00%) Back Office
10 8 (1.23%) Games
10 8 (1.23%) Telecoms
11 5 (0.77%) French Language
11 5 (0.77%) Private Banking
12 4 (0.62%) Public Sector
12 4 (0.62%) Publishing
13 2 (0.31%) Prime Brokerage
14 1 (0.15%) Advertising
14 1 (0.15%) Billing
14 1 (0.15%) General Ledger
Job Titles
1 318 (49.00%) Developer
2 131 (20.18%) Java Developer
3 89 (13.71%) Analyst
4 68 (10.48%) Senior Developer
5 47 (7.24%) Business Analyst
6 37 (5.70%) C# Developer
6 37 (5.70%) Python Developer
7 35 (5.39%) Senior Java Developer
8 29 (4.47%) Architect
8 29 (4.47%) Front Office Developer
8 29 (4.47%) Investment Banking Java Developer
9 25 (3.85%) React Developer
10 23 (3.54%) Full Stack Developer
10 23 (3.54%) Network Engineer
10 23 (3.54%) SQL Developer
11 20 (3.08%) Agile Developer
11 20 (3.08%) Angular Developer
11 20 (3.08%) UI Developer
12 19 (2.93%) Banking Analyst
12 19 (2.93%) Project Manager
Libraries, Frameworks & Software Standards
1 76 (11.71%) AngularJS
2 66 (10.17%) Spring
3 59 (9.09%) React
4 55 (8.47%) HTML
5 42 (6.47%) CSS
6 39 (6.01%) .NET
6 39 (6.01%) HTML5
7 37 (5.70%) Node.js
7 37 (5.70%) Spring Boot
8 36 (5.55%) Web Services
9 28 (4.31%) Kafka
10 27 (4.16%) Redux
11 24 (3.70%) Hibernate
11 24 (3.70%) RESTful
12 17 (2.62%) J2EE
13 14 (2.16%) 802.1X
13 14 (2.16%) FIX Protocol
14 12 (1.85%) Spring Cloud
15 11 (1.69%) REST
15 11 (1.69%) XML
Miscellaneous
1 83 (12.79%) Derivative
1 83 (12.79%) Fixed Income
2 76 (11.71%) Foreign Exchange (FX)
3 69 (10.63%) Equities
4 52 (8.01%) Analytical Skills
5 37 (5.70%) Greenfield Project
6 28 (4.31%) Hedge funds
6 28 (4.31%) User Experience
7 26 (4.01%) Virtual Team
8 25 (3.85%) Management Information System
9 18 (2.77%) Equity Derivative
10 17 (2.62%) Data Centre
10 17 (2.62%) Public Cloud
10 17 (2.62%) Self-Motivation
11 15 (2.31%) Blog
12 13 (2.00%) Algorithms
12 13 (2.00%) Mobile Banking
13 12 (1.85%) Credit Risk
14 11 (1.69%) Data Structures
15 8 (1.23%) Credit Derivative
Operating Systems
1 51 (7.86%) Linux
2 36 (5.55%) Unix
3 35 (5.39%) Windows
4 18 (2.77%) Windows 10
5 11 (1.69%) Solaris
5 11 (1.69%) Windows 7
6 6 (0.92%) Red Hat Enterprise Linux
7 5 (0.77%) Mac OS
8 3 (0.46%) Android
9 1 (0.15%) Apple iOS
9 1 (0.15%) Oracle Linux
9 1 (0.15%) Windows Server
9 1 (0.15%) Windows Server 2008
9 1 (0.15%) Windows Server 2012
Processes & Methodologies
1 235 (36.21%) Agile Software Development
2 83 (12.79%) TDD
3 60 (9.24%) SDLC
3 60 (9.24%) Software Engineering
4 58 (8.94%) DevOps
5 57 (8.78%) Problem-Solving
6 55 (8.47%) Wealth Management
7 53 (8.17%) Migration
8 51 (7.86%) Investment Management
9 48 (7.40%) Electronic Trading
9 48 (7.40%) Microservices
9 48 (7.40%) Multithreading
9 48 (7.40%) Scrum
10 44 (6.78%) Asset Management
11 40 (6.16%) Stakeholder Management
12 36 (5.55%) BDD
13 35 (5.39%) Analytics
14 34 (5.24%) Creative Thinking
15 33 (5.08%) Change Management
15 33 (5.08%) Test Automation
Programming Languages
1 250 (38.52%) Java
2 130 (20.03%) SQL
3 111 (17.10%) Python
4 98 (15.10%) JavaScript
5 61 (9.40%) C#
6 32 (4.93%) Perl
6 32 (4.93%) Scala
7 30 (4.62%) Java 8
8 27 (4.16%) C++
9 23 (3.54%) TypeScript
10 17 (2.62%) Kotlin
11 12 (1.85%) PL/SQL
12 11 (1.69%) Bash Shell
13 10 (1.54%) Shell Script
14 9 (1.39%) ES6
14 9 (1.39%) PowerShell
15 7 (1.08%) R
15 7 (1.08%) VBA
16 4 (0.62%) F#
17 3 (0.46%) Groovy
Qualifications
1 50 (7.70%) Degree
2 19 (2.93%) Cisco Certification
3 17 (2.62%) CCNP
4 15 (2.31%) CCNA
5 11 (1.69%) Computer Science Degree
6 5 (0.77%) CISSP
7 4 (0.62%) Citrix Certification
8 3 (0.46%) CISA
8 3 (0.46%) CISM
8 3 (0.46%) CRISC
8 3 (0.46%) ITIL Certification
8 3 (0.46%) Master's Degree
8 3 (0.46%) Numerate Degree
8 3 (0.46%) PhD
8 3 (0.46%) PMI Certification
8 3 (0.46%) PMP
8 3 (0.46%) PRINCE2 Certification
9 2 (0.31%) ITIL Foundation Certificate
9 2 (0.31%) TOGAF Certification
10 1 (0.15%) CESG Certified Professional
Quality Assurance & Compliance
1 14 (2.16%) QA
2 11 (1.69%) Data Quality
3 6 (0.92%) MiFID
4 4 (0.62%) EMIR
4 4 (0.62%) PMO
5 3 (0.46%) GDPR
6 2 (0.31%) Dodd-Frank
6 2 (0.31%) ISO/IEC 27001
6 2 (0.31%) NIST
7 1 (0.15%) IFRS
7 1 (0.15%) IFRS 9
7 1 (0.15%) SLA
System Software
1 49 (7.55%) Docker
2 10 (1.54%) Active Directory
3 6 (0.92%) VMware Infrastructure
4 4 (0.62%) HDFS
4 4 (0.62%) XenApp
4 4 (0.62%) XenDesktop
5 2 (0.31%) VMware Server
6 1 (0.15%) Citrix Hypervisor
6 1 (0.15%) Hyper-V
6 1 (0.15%) ProxySG
6 1 (0.15%) Virtual Machines
6 1 (0.15%) VMware ESXi
6 1 (0.15%) vSphere
Systems Management
1 37 (5.70%) Kubernetes
2 32 (4.93%) Puppet
3 29 (4.47%) Terraform
4 22 (3.39%) Ansible
5 21 (3.24%) Opscode Chef
6 14 (2.16%) Cacti
6 14 (2.16%) Cisco Prime
6 14 (2.16%) Nagios
6 14 (2.16%) NetMRI
6 14 (2.16%) Statseeker
6 14 (2.16%) ZABBIX
7 6 (0.92%) HP Quality Center
8 3 (0.46%) Consul
8 3 (0.46%) Single Sign-On
9 2 (0.31%) Backup Exec
9 2 (0.31%) Cisco CUCM
9 2 (0.31%) SCCM
10 1 (0.15%) Data Guard
10 1 (0.15%) SCOM
10 1 (0.15%) WSUS
Vendors
1 60 (9.24%) Oracle
2 34 (5.24%) Microsoft
3 31 (4.78%) Cisco
4 23 (3.54%) Google
5 20 (3.08%) Juniper
6 19 (2.93%) Bloomberg
7 17 (2.62%) Murex
8 16 (2.47%) NetScout
9 15 (2.31%) Solarflare
9 15 (2.31%) Sybase
10 11 (1.69%) Informatica
11 10 (1.54%) HP
12 9 (1.39%) Atlassian
12 9 (1.39%) Sun
13 8 (1.23%) VMware
14 7 (1.08%) Adobe
14 7 (1.08%) ION Trading
14 7 (1.08%) Tableau
15 6 (0.92%) Citrix
15 6 (0.92%) Fidessa