Period
to 16 October 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 16 October 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
16 Oct 2021
Same period 2020 Same period 2019
Rank 61 48 107
Rank change year-on-year -13 +59 -20
Contract jobs citing Investment Banking 1,444 723 936
As % of all contract jobs advertised in London 4.10% 5.24% 2.53%
As % of the General category 7.11% 8.80% 4.61%
Number of daily rates quoted 1,111 563 690
10th Percentile £519 £470 £375
25th Percentile £575 £550 £477
Median daily rate (50th Percentile) £675 £625 £600
Median % change year-on-year +8.00% +4.17% -
75th Percentile £750 £743 £676
90th Percentile £813 £800 £739
England median daily rate £673 £625 £578
% change year-on-year +7.60% +8.23% -3.75%
Number of hourly rates quoted 0 0 3
Median hourly rate - - £16.50
England median hourly rate £17.25 - £44.00

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 20,309 8,216 20,282
As % of all contract IT jobs advertised in London 57.62% 59.56% 54.81%
Number of daily rates quoted 14,424 5,911 14,355
10th Percentile £363 £320 £310
25th Percentile £462 £419 £413
Median daily rate (50th Percentile) £550 £525 £513
Median % change year-on-year +4.76% +2.44% +2.50%
75th Percentile £675 £645 £619
90th Percentile £750 £750 £700
England median daily rate £525 £495 £475
% change year-on-year +6.06% +4.21% -
Number of hourly rates quoted 190 80 270
10th Percentile £13.25 £15.00 £12.76
25th Percentile £18.75 £19.39 £16.25
Median hourly rate £30.35 £30.95 £21.00
Median % change year-on-year -1.92% +47.36% +10.53%
75th Percentile £49.88 £40.38 £29.96
90th Percentile £62.63 £53.78 £51.25
England median hourly rate £18.50 £22.00 £18.70
% change year-on-year -15.91% +17.65% +3.80%

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 16 October 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 16 October 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 -4 178 £650 +13.04% 36
South London +5 3 £625 +16.28% 11
East London -9 2 £673 -1.97% 3
Investment Banking
England

For the 6 months to 16 October 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 1,444 (100.00%) Banking
2 601 (41.62%) Finance
3 576 (39.89%) Java
4 520 (36.01%) Agile Software Development
5 436 (30.19%) SQL
6 435 (30.12%) Front Office
7 320 (22.16%) Social Skills
8 251 (17.38%) Python
9 250 (17.31%) C#
10 243 (16.83%) Foreign Exchange (FX)
11 227 (15.72%) Fixed Income
12 223 (15.44%) Multithreading
13 213 (14.75%) Derivative
14 205 (14.20%) Oracle
15 199 (13.78%) .NET
16 194 (13.43%) Electronic Trading
17 193 (13.37%) Spring
18 190 (13.16%) Git (software)
19 182 (12.60%) Azure
19 182 (12.60%) Linux
20 165 (11.43%) DevOps
21 156 (10.80%) C++
22 152 (10.53%) AngularJS
23 144 (9.97%) Relational Database
24 142 (9.83%) TDD
25 136 (9.42%) JavaScript
26 135 (9.35%) Scrum
27 128 (8.86%) SDLC
28 127 (8.80%) Unix
29 123 (8.52%) Microsoft

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 76 (5.26%) Apache Spark
2 53 (3.67%) Mule
3 31 (2.15%) Confluence
4 20 (1.39%) Red Hat Fuse
5 19 (1.32%) JBoss
6 15 (1.04%) Oracle Coherence
7 14 (0.97%) Apache
7 14 (0.97%) Oracle SOA Suite
8 12 (0.83%) Tomcat
8 12 (0.83%) WebSphere
9 10 (0.69%) WebLogic
10 7 (0.48%) SharePoint
11 5 (0.35%) SAS
12 4 (0.28%) DataSynapse
12 4 (0.28%) Elasticsearch
12 4 (0.28%) IIS
13 3 (0.21%) MS Exchange
14 2 (0.14%) Apache ServiceMix
14 2 (0.14%) Exchange Server 2013
15 1 (0.069%) OpenStack
Applications
1 49 (3.39%) Microsoft Excel
2 28 (1.94%) Microsoft PowerPoint
3 20 (1.39%) Microsoft Project
4 13 (0.90%) Microsoft Office
5 12 (0.83%) Adobe Illustrator
5 12 (0.83%) Photoshop
6 7 (0.48%) MS Visio
7 5 (0.35%) Sketch
8 4 (0.28%) InVision
9 2 (0.14%) Spreadsheet
10 1 (0.069%) Adobe Creative Suite
10 1 (0.069%) Chatbot
10 1 (0.069%) Figma
10 1 (0.069%) Mingle
Business Applications
1 34 (2.35%) SunGard Martini
2 21 (1.45%) ION MarketView
3 9 (0.62%) Markit EDM
4 6 (0.42%) Loan IQ
5 4 (0.28%) Temenos T24
6 3 (0.21%) Adaptiv
7 2 (0.14%) Summit
8 1 (0.069%) Bloomberg TOMS
8 1 (0.069%) Distributed Ledger
8 1 (0.069%) Endur
8 1 (0.069%) FLEXCUBE
8 1 (0.069%) Oracle Subledger Accounting
8 1 (0.069%) Orchestrade
8 1 (0.069%) SunGard GMI
8 1 (0.069%) thinkFolio
Cloud Services
1 182 (12.60%) Azure
2 84 (5.82%) AWS
3 26 (1.80%) Azure Synapse Analytics
4 21 (1.45%) OpenShift
5 20 (1.39%) Azure Data Factory
5 20 (1.39%) GCP
5 20 (1.39%) GitHub
6 16 (1.11%) npm
7 15 (1.04%) Power Platform
8 11 (0.76%) Yarn
9 10 (0.69%) Azure Active Directory
10 8 (0.55%) Azure Service Bus
11 6 (0.42%) AWS CloudFormation
11 6 (0.42%) Microsoft 365
11 6 (0.42%) Serverless
12 5 (0.35%) Cloud Computing
12 5 (0.35%) Collibra
12 5 (0.35%) NuGet
12 5 (0.35%) PaaS
13 4 (0.28%) IaaS
Communications & Networking
1 50 (3.46%) TCP/IP
2 26 (1.80%) SSL
3 12 (0.83%) Firewall
4 11 (0.76%) HTTP
5 9 (0.62%) Network Security
6 8 (0.55%) Multicast
7 7 (0.48%) FTP
8 6 (0.42%) Kerberos
9 2 (0.14%) Cisco Nexus
10 1 (0.069%) FIX Connectivity
10 1 (0.069%) Internet
10 1 (0.069%) Intrusion Detection
10 1 (0.069%) NAS
10 1 (0.069%) Skype
10 1 (0.069%) VoIP
10 1 (0.069%) VPN
10 1 (0.069%) Wireless
Database & Business Intelligence
1 144 (9.97%) Relational Database
2 107 (7.41%) SQL Server
3 75 (5.19%) Big Data
4 70 (4.85%) Oracle Database
5 55 (3.81%) Data Warehouse
6 52 (3.60%) Oracle Database 12c
7 41 (2.84%) Hazelcast
8 38 (2.63%) MongoDB
9 37 (2.56%) NoSQL
10 34 (2.35%) RDBMS
11 27 (1.87%) Redis
12 26 (1.80%) Hadoop
13 23 (1.59%) MySQL
14 21 (1.45%) Metadata
15 20 (1.39%) Apache Hive
16 19 (1.32%) Apache Cassandra
17 17 (1.18%) HBase
17 17 (1.18%) Oracle Database 11g
18 14 (0.97%) Apache Ignite
18 14 (0.97%) Microsoft Analysis Services
Development Applications
1 190 (13.16%) Git (software)
2 114 (7.89%) JIRA
3 110 (7.62%) Jenkins
4 87 (6.02%) TeamCity
5 73 (5.06%) Maven
6 70 (4.85%) Visual Studio
7 66 (4.57%) Subversion
8 44 (3.05%) Bitbucket
9 41 (2.84%) Artifactory
10 35 (2.42%) Oracle APEX
11 34 (2.35%) CppUnit
12 32 (2.22%) GitLab
13 30 (2.08%) Robot Framework
14 26 (1.80%) Cucumber
15 25 (1.73%) Gradle
15 25 (1.73%) JUnit
16 24 (1.66%) Selenium
17 22 (1.52%) Hudson
18 18 (1.25%) Jasmine
18 18 (1.25%) jMock
General
1 1,444 (100.00%) Banking
2 601 (41.62%) Finance
3 435 (30.12%) Front Office
4 320 (22.16%) Social Skills
5 116 (8.03%) Analytical Skills
6 53 (3.67%) Retail Banking
7 41 (2.84%) Back Office
8 39 (2.70%) Retail
9 33 (2.29%) Corporate Banking
10 31 (2.15%) Legal
11 29 (2.01%) Financial Institution
12 28 (1.94%) Organisational Skills
13 24 (1.66%) Presentation Skills
14 15 (1.04%) Documentation Skills
15 13 (0.90%) Inclusion and Diversity
15 13 (0.90%) Influencing Skills
16 10 (0.69%) Advertising
17 9 (0.62%) Private Banking
18 7 (0.48%) Public Speaking
19 5 (0.35%) Prime Brokerage
Job Titles
1 771 (53.39%) Developer
2 361 (25.00%) Java Developer
3 193 (13.37%) Analyst
4 129 (8.93%) Business Analyst
5 122 (8.45%) Senior Developer
6 116 (8.03%) C# Developer
7 103 (7.13%) Investment Banking Java Developer
8 92 (6.37%) Front Office Developer
9 88 (6.09%) Senior Java Developer
10 80 (5.54%) Banking Analyst
11 77 (5.33%) C++ Developer
12 73 (5.06%) Architect
13 72 (4.99%) Consultant
14 58 (4.02%) Project Manager
15 57 (3.95%) Investment Banking Business Analyst
16 56 (3.88%) Java Consultant
17 55 (3.81%) Python Developer
18 54 (3.74%) Electronic Trading Developer
19 53 (3.67%) Senior Consultant
20 52 (3.60%) C# Developer - Investment Banking
Libraries, Frameworks & Software Standards
1 199 (13.78%) .NET
2 193 (13.37%) Spring
3 152 (10.53%) AngularJS
4 116 (8.03%) HTML
5 106 (7.34%) Middleware
6 99 (6.86%) REST
7 84 (5.82%) Kafka
8 81 (5.61%) React
9 79 (5.47%) RESTful
10 73 (5.06%) Hibernate
10 73 (5.06%) Spring Boot
11 65 (4.50%) .NET Framework
11 65 (4.50%) XML
12 59 (4.09%) Apache Camel
13 56 (3.88%) .NET Core
14 52 (3.60%) Web Services
15 51 (3.53%) JTA
15 51 (3.53%) JTS
16 50 (3.46%) HTML5
17 49 (3.39%) CSS
Miscellaneous
1 243 (16.83%) Foreign Exchange (FX)
2 227 (15.72%) Fixed Income
3 213 (14.75%) Derivative
4 112 (7.76%) Equities
5 88 (6.09%) Data Structures
6 68 (4.71%) Algorithms
7 63 (4.36%) Market Risk
8 60 (4.16%) User Experience
9 51 (3.53%) Virtual Team
10 46 (3.19%) Credit Risk
11 36 (2.49%) Greenfield Project
12 30 (2.08%) Credit Derivative
13 27 (1.87%) Interest Rate Derivative
13 27 (1.87%) Management Information System
14 26 (1.80%) Equity Derivative
15 24 (1.66%) Enterprise Software
16 20 (1.39%) Hedge funds
16 20 (1.39%) Mobile App
17 15 (1.04%) Clustering
17 15 (1.04%) OTC Derivatives
Operating Systems
1 182 (12.60%) Linux
2 127 (8.80%) Unix
3 120 (8.31%) Windows
4 17 (1.18%) Apple iOS
5 15 (1.04%) Android
6 8 (0.55%) Windows Server
7 5 (0.35%) Windows Server 2016
7 5 (0.35%) Windows Server 2019
8 4 (0.28%) Windows Server 2012
9 3 (0.21%) Red Hat Enterprise Linux
9 3 (0.21%) Windows 10
10 2 (0.14%) Mac OS
10 2 (0.14%) Windows Server 2008
11 1 (0.069%) AIX
11 1 (0.069%) Mac OS X
11 1 (0.069%) Solaris
11 1 (0.069%) Windows 7
Processes & Methodologies
1 520 (36.01%) Agile Software Development
2 223 (15.44%) Multithreading
3 194 (13.43%) Electronic Trading
4 165 (11.43%) DevOps
5 142 (9.83%) TDD
6 135 (9.35%) Scrum
7 128 (8.86%) SDLC
8 122 (8.45%) Analytics
9 117 (8.10%) Low Latency
10 103 (7.13%) Performance Tuning
11 98 (6.79%) Software Engineering
12 97 (6.72%) Test Automation
13 95 (6.58%) Multithreaded Programming
14 93 (6.44%) Continuous Integration
14 93 (6.44%) Unit Testing
15 89 (6.16%) Problem-Solving
16 87 (6.02%) Workflow
17 84 (5.82%) Microservices
18 83 (5.75%) Full Stack Development
19 79 (5.47%) Algorithmic Trading
Programming Languages
1 576 (39.89%) Java
2 436 (30.19%) SQL
3 251 (17.38%) Python
4 250 (17.31%) C#
5 156 (10.80%) C++
6 136 (9.42%) JavaScript
7 93 (6.44%) Java 8
7 93 (6.44%) TypeScript
8 86 (5.96%) Scala
9 61 (4.22%) PL/SQL
10 27 (1.87%) Haskell
11 24 (1.66%) Java 9
12 23 (1.59%) VBA
13 20 (1.39%) Shell Script
14 17 (1.18%) PowerShell
15 16 (1.11%) Kotlin
16 15 (1.04%) ES6
16 15 (1.04%) SPARQL
17 14 (0.97%) Bash Shell
18 12 (0.83%) Perl
Qualifications
1 80 (5.54%) Degree
2 26 (1.80%) Computer Science Degree
3 16 (1.11%) CIMA
4 8 (0.55%) CISM
4 8 (0.55%) CISSP
4 8 (0.55%) PhD
5 7 (0.48%) Numerate Degree
5 7 (0.48%) PMP
6 3 (0.21%) CFA
6 3 (0.21%) ISEB
6 3 (0.21%) ISTQB
6 3 (0.21%) ISTQB Foundation Certification
6 3 (0.21%) MBA
6 3 (0.21%) PMI Certification
6 3 (0.21%) SC Cleared
6 3 (0.21%) Security Cleared
7 2 (0.14%) ACCA
7 2 (0.14%) ISTQB Advanced Certification
7 2 (0.14%) MCITP
7 2 (0.14%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 47 (3.25%) PMO
2 44 (3.05%) QA
3 26 (1.80%) Data Quality
4 19 (1.32%) IFRS
5 18 (1.25%) GAAP
5 18 (1.25%) MiFID
6 10 (0.69%) Dodd-Frank
7 8 (0.55%) FATCA
8 7 (0.48%) EMIR
8 7 (0.48%) ISO/IEC 27005
9 4 (0.28%) Basel III
9 4 (0.28%) Sarbanes-Oxley
10 3 (0.21%) COBIT
10 3 (0.21%) CRD IV
10 3 (0.21%) GDPR
10 3 (0.21%) ISO/IEC 27001
10 3 (0.21%) ITGC
10 3 (0.21%) SLA
11 2 (0.14%) Accessibility
11 2 (0.14%) NIST
System Software
1 91 (6.30%) Docker
2 27 (1.87%) Active Directory
3 12 (0.83%) HDFS
4 5 (0.35%) Platform Symphony
5 3 (0.21%) Virtual Desktop
6 2 (0.14%) EMC RecoverPoint
6 2 (0.14%) Oracle RAC
6 2 (0.14%) vSphere
7 1 (0.069%) Active Directory Lightweight Directory Services
7 1 (0.069%) Oracle Clusterware
7 1 (0.069%) VMware Infrastructure
Systems Management
1 94 (6.51%) Kubernetes
2 44 (3.05%) Ansible
3 34 (2.35%) BladeLogic
4 30 (2.08%) Terraform
5 22 (1.52%) ITRS Geneos
6 15 (1.04%) Puppet
7 8 (0.55%) Control-M
8 7 (0.48%) CSIRT
8 7 (0.48%) Opscode Chef
9 5 (0.35%) CA Single Sign-On
9 5 (0.35%) MIIS
10 4 (0.28%) HP Fortify
10 4 (0.28%) Kibana
10 4 (0.28%) Netcool
11 3 (0.21%) Data Guard
11 3 (0.21%) Microsoft Intune
11 3 (0.21%) SCOM
12 2 (0.14%) Mesos
12 2 (0.14%) Oracle Enterprise Manager
12 2 (0.14%) SCCM
Vendors
1 205 (14.20%) Oracle
2 123 (8.52%) Microsoft
3 68 (4.71%) ION Trading
4 42 (2.91%) Databricks
5 41 (2.84%) TIBCO
6 37 (2.56%) FIS
7 36 (2.49%) SunGard
8 31 (2.15%) IBM
9 24 (1.66%) Sybase
10 23 (1.59%) Bloomberg
11 21 (1.45%) Citrix
11 21 (1.45%) Hortonworks
12 19 (1.32%) CA
12 19 (1.32%) SAP
13 18 (1.25%) Cloudera
14 17 (1.18%) Ab Initio
14 17 (1.18%) Murex
14 17 (1.18%) Salesforce.com
15 14 (0.97%) BiZZdesign
16 13 (0.90%) Adobe