Period
to 24 July 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 24 July 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
24 Jul 2021
Same period 2020 Same period 2019
Rank 60 55 114
Rank change year-on-year -5 +59 -32
Contract jobs citing Investment Banking 1,270 731 997
As % of all contract jobs advertised in London 4.27% 4.50% 2.46%
As % of the General category 7.39% 7.75% 4.38%
Number of daily rates quoted 970 527 771
10th Percentile £519 £463 £400
25th Percentile £575 £550 £475
Median daily rate (50th Percentile) £650 £645 £575
Median % change year-on-year +0.78% +12.17% -4.17%
75th Percentile £750 £750 £675
90th Percentile £800 £800 £750
England median daily rate £650 £638 £575
% change year-on-year +1.96% +10.87% -4.17%
Number of hourly rates quoted 0 1 5
Median hourly rate - £18.50 £15.00
Median % change year-on-year - +23.33% +1.69%
England median hourly rate £17.25 £18.50 £15.00
% change year-on-year -6.76% +23.33% +1.69%

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 17,196 9,427 22,739
As % of all contract IT jobs advertised in London 57.75% 58.08% 56.03%
Number of daily rates quoted 12,111 6,716 15,986
10th Percentile £356 £325 £319
25th Percentile £450 £419 £413
Median daily rate (50th Percentile) £550 £525 £525
Median % change year-on-year +4.76% - +5.00%
75th Percentile £650 £638 £623
90th Percentile £738 £738 £700
England median daily rate £513 £498 £475
% change year-on-year +3.02% +4.74% +1.60%
Number of hourly rates quoted 183 142 289
10th Percentile £15.20 £13.78 £11.95
25th Percentile £20.00 £19.00 £15.49
Median hourly rate £29.63 £27.30 £21.00
Median % change year-on-year +8.54% +29.98% -2.01%
75th Percentile £47.38 £43.34 £31.00
90th Percentile £64.00 £54.90 £51.25
England median hourly rate £19.51 £20.25 £20.00
% change year-on-year -3.63% +1.23% +6.95%

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 24 July 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 24 July 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 +27 161 £638 +6.25% 28
South London +21 3 £625 +5.04%
East London +6 2 £673 +12.08% 10
Investment Banking
England

For the 6 months to 24 July 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 1,270 (100.00%) Banking
2 519 (40.87%) Finance
2 519 (40.87%) Java
3 485 (38.19%) Agile Software Development
4 447 (35.20%) Front Office
5 424 (33.39%) SQL
6 278 (21.89%) Social Skills
7 277 (21.81%) C#
8 258 (20.31%) Foreign Exchange (FX)
9 239 (18.82%) Oracle
10 227 (17.87%) Python
11 218 (17.17%) .NET
12 212 (16.69%) Multithreading
13 204 (16.06%) Spring
14 203 (15.98%) Derivative
15 189 (14.88%) Linux
16 185 (14.57%) DevOps
17 168 (13.23%) C++
18 167 (13.15%) Fixed Income
19 164 (12.91%) Git (software)
20 154 (12.13%) Electronic Trading
21 145 (11.42%) Scrum
22 144 (11.34%) AngularJS
23 137 (10.79%) TDD
24 133 (10.47%) Low Latency
25 122 (9.61%) Relational Database
26 120 (9.45%) Windows
27 118 (9.29%) Analytical Skills
27 118 (9.29%) Azure
28 117 (9.21%) Middleware

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 63 (4.96%) Mule
2 40 (3.15%) Oracle Coherence
3 35 (2.76%) Apache Spark
4 26 (2.05%) Red Hat Fuse
5 19 (1.50%) JBoss
6 18 (1.42%) Apache
7 16 (1.26%) Confluence
8 15 (1.18%) Oracle SOA Suite
9 9 (0.71%) Tomcat
10 8 (0.63%) WebSphere
11 7 (0.55%) WebLogic
12 6 (0.47%) DataSynapse
12 6 (0.47%) IIS
12 6 (0.47%) SharePoint
13 3 (0.24%) Elasticsearch
13 3 (0.24%) Jupyter
14 2 (0.16%) Exchange Server 2013
14 2 (0.16%) MQSeries
14 2 (0.16%) MS Exchange
14 2 (0.16%) SAS
Applications
1 26 (2.05%) Microsoft Excel
2 15 (1.18%) Microsoft Project
3 14 (1.10%) Microsoft PowerPoint
4 12 (0.94%) Adobe Illustrator
4 12 (0.94%) Microsoft Office
4 12 (0.94%) Photoshop
5 3 (0.24%) Chatbot
5 3 (0.24%) MS Visio
6 2 (0.16%) Sketch
7 1 (0.079%) Adobe Creative Suite
7 1 (0.079%) InVision
7 1 (0.079%) Mingle
Business Applications
1 30 (2.36%) SunGard Martini
2 8 (0.63%) ION MarketView
3 7 (0.55%) Oracle Subledger Accounting
4 6 (0.47%) Oracle Assets
4 6 (0.47%) Oracle EBS
4 6 (0.47%) Oracle E-Business Tax
4 6 (0.47%) Oracle FAH
4 6 (0.47%) Oracle Financials
4 6 (0.47%) Oracle General Ledger
4 6 (0.47%) Oracle Internet Expenses
4 6 (0.47%) Oracle iProcurement
4 6 (0.47%) Oracle Payables
4 6 (0.47%) Oracle Receivables
5 4 (0.31%) Temenos T24
6 3 (0.24%) Adaptiv
6 3 (0.24%) Loan IQ
6 3 (0.24%) Orchestrade
6 3 (0.24%) Summit
7 2 (0.16%) Distributed Ledger
7 2 (0.16%) Markit EDM
Cloud Services
1 118 (9.29%) Azure
2 90 (7.09%) AWS
3 27 (2.13%) GCP
4 22 (1.73%) Azure Synapse Analytics
5 12 (0.94%) NuGet
6 11 (0.87%) OpenShift
7 9 (0.71%) GitHub
8 8 (0.63%) Azure Data Factory
9 6 (0.47%) SaaS
10 5 (0.39%) Apigee
10 5 (0.39%) Cloud Computing
10 5 (0.39%) Power Platform
11 3 (0.24%) Collibra
11 3 (0.24%) IaaS
11 3 (0.24%) npm
12 2 (0.16%) AWS Lambda
12 2 (0.16%) Boomi
12 2 (0.16%) CloudBees
12 2 (0.16%) Microsoft 365
12 2 (0.16%) Snowflake
Communications & Networking
1 42 (3.31%) TCP/IP
2 28 (2.20%) SSL
3 22 (1.73%) Firewall
4 9 (0.71%) Multicast
5 8 (0.63%) Kerberos
6 6 (0.47%) HTTP
7 5 (0.39%) Network Security
8 4 (0.31%) NAS
9 3 (0.24%) Cisco Nexus
9 3 (0.24%) FTP
10 2 (0.16%) FIX Connectivity
10 2 (0.16%) Internet
11 1 (0.079%) OSPF
11 1 (0.079%) tcpdump
11 1 (0.079%) VLAN
11 1 (0.079%) VPN
11 1 (0.079%) Wireless
11 1 (0.079%) Wireshark
Database & Business Intelligence
1 122 (9.61%) Relational Database
2 108 (8.50%) SQL Server
3 53 (4.17%) Oracle Database
4 50 (3.94%) Data Warehouse
5 46 (3.62%) Big Data
6 45 (3.54%) Hazelcast
6 45 (3.54%) Oracle Database 12c
7 43 (3.39%) NoSQL
8 33 (2.60%) Apache Cassandra
8 33 (2.60%) Redis
9 31 (2.44%) MongoDB
10 26 (2.05%) Hadoop
11 24 (1.89%) MySQL
12 21 (1.65%) RDBMS
13 15 (1.18%) Apache Ignite
14 14 (1.10%) Apache Hive
14 14 (1.10%) Microsoft Analysis Services
15 12 (0.94%) Oracle Database 11g
16 10 (0.79%) HBase
17 7 (0.55%) SQL Server Analysis Services
Development Applications
1 164 (12.91%) Git (software)
2 84 (6.61%) JIRA
3 81 (6.38%) Visual Studio
4 70 (5.51%) Subversion
5 65 (5.12%) Jenkins
6 57 (4.49%) TeamCity
7 52 (4.09%) Bitbucket
8 42 (3.31%) Artifactory
9 38 (2.99%) Maven
10 31 (2.44%) CppUnit
11 30 (2.36%) Oracle APEX
12 23 (1.81%) JUnit
13 18 (1.42%) jMock
14 15 (1.18%) Robot Framework
15 14 (1.10%) Axure RP
15 14 (1.10%) PowerDesigner
16 13 (1.02%) Moq
17 10 (0.79%) Cucumber
18 8 (0.63%) Octopus Deploy
19 7 (0.55%) Gradle
General
1 1,270 (100.00%) Banking
2 519 (40.87%) Finance
3 447 (35.20%) Front Office
4 278 (21.89%) Social Skills
5 118 (9.29%) Analytical Skills
6 38 (2.99%) Retail
7 37 (2.91%) Back Office
7 37 (2.91%) Financial Institution
8 36 (2.83%) Retail Banking
9 28 (2.20%) Corporate Banking
10 27 (2.13%) Legal
11 26 (2.05%) Documentation Skills
12 20 (1.57%) Presentation Skills
13 14 (1.10%) Organisational Skills
14 11 (0.87%) French Language
14 11 (0.87%) Inclusion and Diversity
15 9 (0.71%) Private Banking
16 8 (0.63%) Influencing Skills
17 6 (0.47%) Prime Brokerage
17 6 (0.47%) Public Sector
Job Titles
1 720 (56.69%) Developer
2 366 (28.82%) Java Developer
3 160 (12.60%) Analyst
4 149 (11.73%) C# Developer
5 121 (9.53%) Senior Developer
6 120 (9.45%) Investment Banking Java Developer
7 118 (9.29%) Front Office Developer
8 102 (8.03%) Business Analyst
9 84 (6.61%) Senior Java Developer
10 80 (6.30%) C# Developer - Investment Banking
11 76 (5.98%) C++ Developer
12 62 (4.88%) Integration Developer
13 61 (4.80%) Banking Analyst
14 58 (4.57%) Consultant
15 56 (4.41%) Project Manager
16 55 (4.33%) SQL Developer
17 52 (4.09%) Architect
17 52 (4.09%) Investment Banking C++ Developer
18 50 (3.94%) Senior Consultant
19 46 (3.62%) .NET Developer
Libraries, Frameworks & Software Standards
1 218 (17.17%) .NET
2 204 (16.06%) Spring
3 144 (11.34%) AngularJS
4 117 (9.21%) Middleware
5 99 (7.80%) Kafka
6 97 (7.64%) REST
7 91 (7.17%) HTML
8 86 (6.77%) Spring Boot
9 70 (5.51%) Apache Camel
10 68 (5.35%) Hibernate
11 67 (5.28%) .NET Core
12 66 (5.20%) HTML5
13 63 (4.96%) .NET Framework
14 57 (4.49%) Web Services
15 56 (4.41%) XML
16 55 (4.33%) JTA
16 55 (4.33%) JTS
17 54 (4.25%) RESTful
18 52 (4.09%) Spring Integration
19 50 (3.94%) React
Miscellaneous
1 258 (20.31%) Foreign Exchange (FX)
2 203 (15.98%) Derivative
3 167 (13.15%) Fixed Income
4 87 (6.85%) Equities
5 77 (6.06%) Data Structures
6 54 (4.25%) Market Risk
7 46 (3.62%) Greenfield Project
8 45 (3.54%) Algorithms
8 45 (3.54%) User Experience
9 36 (2.83%) Credit Risk
10 30 (2.36%) Virtual Team
11 25 (1.97%) Interest Rate Derivative
12 23 (1.81%) Hedge funds
13 21 (1.65%) Credit Derivative
14 19 (1.50%) Equity Derivative
15 17 (1.34%) Legacy Applications
16 16 (1.26%) Enterprise Software
17 14 (1.10%) Grid Computing
18 13 (1.02%) N-Tier
19 12 (0.94%) Management Information System
Operating Systems
1 189 (14.88%) Linux
2 120 (9.45%) Windows
3 114 (8.98%) Unix
4 5 (0.39%) Apple iOS
5 4 (0.31%) Android
5 4 (0.31%) Windows Server
6 3 (0.24%) Red Hat Enterprise Linux
6 3 (0.24%) Windows 10
7 2 (0.16%) Mac OS
7 2 (0.16%) Windows Server 2012
7 2 (0.16%) Windows Server 2016
7 2 (0.16%) Windows Server 2019
8 1 (0.079%) AIX
8 1 (0.079%) Mac OS X
8 1 (0.079%) Solaris
8 1 (0.079%) Windows 7
Processes & Methodologies
1 485 (38.19%) Agile Software Development
2 212 (16.69%) Multithreading
3 185 (14.57%) DevOps
4 154 (12.13%) Electronic Trading
5 145 (11.42%) Scrum
6 137 (10.79%) TDD
7 133 (10.47%) Low Latency
8 104 (8.19%) Software Engineering
9 102 (8.03%) Continuous Integration
10 101 (7.95%) SDLC
11 99 (7.80%) Unit Testing
12 98 (7.72%) Multithreaded Programming
13 96 (7.56%) Analytics
14 88 (6.93%) Performance Tuning
15 83 (6.54%) Microservices
15 83 (6.54%) Risk Management
16 81 (6.38%) Test Automation
17 77 (6.06%) Problem-Solving
18 68 (5.35%) Refactoring
19 66 (5.20%) Workflow
Programming Languages
1 519 (40.87%) Java
2 424 (33.39%) SQL
3 277 (21.81%) C#
4 227 (17.87%) Python
5 168 (13.23%) C++
6 93 (7.32%) JavaScript
7 86 (6.77%) Scala
8 77 (6.06%) Java 8
9 70 (5.51%) PL/SQL
9 70 (5.51%) TypeScript
10 30 (2.36%) Haskell
11 19 (1.50%) Java 9
12 18 (1.42%) C
13 16 (1.26%) Perl
13 16 (1.26%) T-SQL
14 13 (1.02%) Kotlin
15 12 (0.94%) PHP
15 12 (0.94%) Shell Script
16 11 (0.87%) VBA
17 10 (0.79%) Bash Shell
Qualifications
1 87 (6.85%) Degree
2 16 (1.26%) Computer Science Degree
3 8 (0.63%) CIMA
3 8 (0.63%) Numerate Degree
3 8 (0.63%) PhD
4 6 (0.47%) FFIEC
5 5 (0.39%) PMP
6 4 (0.31%) CFA
6 4 (0.31%) CISA
6 4 (0.31%) ISACA
7 3 (0.24%) ACCA
7 3 (0.24%) Cisco Certification
7 3 (0.24%) CISM
7 3 (0.24%) CISSP
7 3 (0.24%) ISEB
7 3 (0.24%) Microsoft Certification
7 3 (0.24%) SC Cleared
7 3 (0.24%) Security Cleared
8 2 (0.16%) CCNA
8 2 (0.16%) PRINCE2 Certification
Quality Assurance & Compliance
1 35 (2.76%) QA
2 21 (1.65%) PMO
3 18 (1.42%) MiFID
4 16 (1.26%) Data Quality
5 11 (0.87%) IFRS
6 10 (0.79%) GAAP
7 9 (0.71%) ISO/IEC 27005
7 9 (0.71%) SLA
8 8 (0.63%) ISO/IEC 27001
9 7 (0.55%) FATCA
9 7 (0.55%) NIST
10 6 (0.47%) COBIT
10 6 (0.47%) Dodd-Frank
10 6 (0.47%) NIST 800
11 5 (0.39%) EMIR
12 2 (0.16%) Basel III
12 2 (0.16%) GDPR
12 2 (0.16%) ISO 20022
12 2 (0.16%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
13 1 (0.079%) PSD2
System Software
1 80 (6.30%) Docker
2 20 (1.57%) Platform Symphony
3 13 (1.02%) Active Directory
4 8 (0.63%) HDFS
5 7 (0.55%) GridGain
6 3 (0.24%) Virtual Desktop
7 2 (0.16%) EMC RecoverPoint
7 2 (0.16%) vSphere
8 1 (0.079%) Virtual Machines
8 1 (0.079%) VMware Infrastructure
Systems Management
1 65 (5.12%) Kubernetes
2 34 (2.68%) Ansible
3 21 (1.65%) Terraform
4 16 (1.26%) BladeLogic
5 15 (1.18%) Puppet
6 14 (1.10%) ITRS Geneos
7 9 (0.71%) CA Single Sign-On
7 9 (0.71%) Opscode Chef
8 8 (0.63%) HP Fortify
9 4 (0.31%) Control-M
9 4 (0.31%) Docker Swarm
9 4 (0.31%) Mesos
9 4 (0.31%) Rancher
10 3 (0.24%) CSIRT
10 3 (0.24%) SCCM
10 3 (0.24%) SCOM
11 2 (0.16%) NetBackup
12 1 (0.079%) Backup Exec
12 1 (0.079%) Oracle RMAN
12 1 (0.079%) Systems Management Server (SMS)
Vendors
1 239 (18.82%) Oracle
2 99 (7.80%) Microsoft
3 41 (3.23%) ION Trading
4 38 (2.99%) IBM
5 36 (2.83%) TIBCO
6 33 (2.60%) FIS
7 30 (2.36%) SunGard
8 26 (2.05%) Atlassian
8 26 (2.05%) Sybase
9 23 (1.81%) Databricks
10 21 (1.65%) Citrix
11 19 (1.50%) DevExpress
12 17 (1.34%) Google
12 17 (1.34%) Murex
13 16 (1.26%) SAP
14 15 (1.18%) CA
15 14 (1.10%) BiZZdesign
15 14 (1.10%) Salesforce.com
16 13 (1.02%) Adobe
17 11 (0.87%) Bloomberg