Period
to 22 October 2019

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 22 October 2019 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
22 Oct 2019
Same period 2018 Same period 2017
Rank 104 82 37
Rank change year-on-year -22 -45 +30
Contract jobs citing Investment Banking 925 1,418 2,537
As % of all contract IT jobs advertised in London 2.52% 3.07% 5.63%
As % of the General category 5.69% 6.50% 11.38%
Number of daily rates quoted 675 1,152 1,976
London median daily rate £600 £600 £575
Median daily rate % change year-on-year - +4.35% +4.55%
10th Percentile £400 £419 £413
90th Percentile £745 £750 £725
England median daily rate £598 £600 £575
% change year-on-year -0.42% +4.35% +4.55%
Number of hourly rates quoted 4 3 4
London median hourly rate £44.75 £15.00 £15.00
Median hourly rate % change year-on-year +198.33% - -5.36%
England median hourly rate £44.00 £15.00 £15.00
% change year-on-year +193.33% - -5.36%

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 16,248 21,808 22,303
As % of all contract IT jobs advertised in London 44.25% 47.22% 49.48%
Number of daily rates quoted 11,367 15,498 16,108
London median daily rate £525 £525 £500
Median daily rate % change year-on-year - +5.00% +5.26%
10th Percentile £325 £319 £313
90th Percentile £713 £700 £675
England median daily rate £495 £475 £470
% change year-on-year +4.21% +1.06% +4.44%
Number of hourly rates quoted 201 251 211
London median hourly rate £22.00 £22.50 £22.00
Median hourly rate % change year-on-year -2.22% +2.27% +10.00%
10th Percentile £12.44 £13.00 £13.24
90th Percentile £52.50 £54.08 £47.00
England median hourly rate £22.00 £21.76 £22.50
% change year-on-year +1.10% -3.29% +9.76%

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 22 October 2019.

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 22 October 2019.

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 22 October 2019. 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 -19 164 £550 -8.33% 32
South London +53 19 £575 -4.17% 1
East London +21 7 £468 +6.86% 5
West London - 2 £525 - 1
Investment Banking
England

For the 6 months to 22 October 2019, 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.

1 925 (100.00%) Banking
2 415 (44.86%) Finance
3 364 (39.35%) Agile Software Development
4 332 (35.89%) Java
5 225 (24.32%) SQL
6 182 (19.68%) Front Office
7 170 (18.38%) Python
8 146 (15.78%) TDD
9 116 (12.54%) JavaScript
9 116 (12.54%) Derivative
10 84 (9.08%) Foreign Exchange (FX)
11 83 (8.97%) React
12 81 (8.76%) Equities
12 81 (8.76%) Analytics
13 79 (8.54%) C#
14 78 (8.43%) Fixed Income
14 78 (8.43%) Greenfield Project
14 78 (8.43%) Problem-Solving
15 76 (8.22%) Scala
16 75 (8.11%) Software Engineering
17 73 (7.89%) Microservices
18 72 (7.78%) Analytical Skills
19 71 (7.68%) Oracle
20 70 (7.57%) Unix
20 70 (7.57%) Linux
21 69 (7.46%) HTML
21 69 (7.46%) Migration
21 69 (7.46%) SDLC
22 67 (7.24%) Stakeholder Management
23 64 (6.92%) Big Data

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 39 (4.22%) Apache Spark
2 20 (2.16%) Confluence
3 17 (1.84%) Apache
4 11 (1.19%) SharePoint
5 8 (0.86%) Apache Airflow
5 8 (0.86%) Elasticsearch
6 6 (0.65%) SAS
7 5 (0.54%) Skype for Business
8 4 (0.43%) Oracle Coherence
9 3 (0.32%) CMS
9 3 (0.32%) IBM Notes
9 3 (0.32%) Jupyter
9 3 (0.32%) MS Exchange
10 2 (0.22%) IBM HTTP Server
10 2 (0.22%) Tomcat
10 2 (0.22%) Tornado
11 1 (0.11%) ColdFusion
11 1 (0.11%) EPiServer
11 1 (0.11%) JBoss
11 1 (0.11%) SharePoint 2010
Applications
1 31 (3.35%) Microsoft Excel
2 27 (2.92%) Microsoft Office
3 14 (1.51%) Microsoft PowerPoint
4 4 (0.43%) Microsoft Project
5 3 (0.32%) MS Visio
6 2 (0.22%) Chatbot
6 2 (0.22%) Sketch
7 1 (0.11%) Adobe Captivate
7 1 (0.11%) Adobe XD
7 1 (0.11%) InVision
7 1 (0.11%) Photoshop
7 1 (0.11%) RoboHelp
Business Applications
1 5 (0.54%) SAP Oil and Gas
2 4 (0.43%) ION MarketView
3 3 (0.32%) Markit EDM
3 3 (0.32%) Oracle Cash Management
4 2 (0.22%) PolarLake
5 1 (0.11%) Actimize
5 1 (0.11%) BusinessWorks
5 1 (0.11%) Dynamics CRM
5 1 (0.11%) Eikon
5 1 (0.11%) Global One
5 1 (0.11%) MultiFonds
5 1 (0.11%) Oracle AML
5 1 (0.11%) Oracle Assets
5 1 (0.11%) Oracle EBS
5 1 (0.11%) Oracle FAH
5 1 (0.11%) Oracle Internet Expenses
5 1 (0.11%) Oracle Payables
5 1 (0.11%) Oracle Receivables
5 1 (0.11%) Oracle Subledger Accounting
5 1 (0.11%) Salesforce.com CRM
Cloud Services
1 64 (6.92%) Azure
2 62 (6.70%) AWS
3 38 (4.11%) GCP
4 32 (3.46%) Power Platform
5 20 (2.16%) Office 365
6 18 (1.95%) npm
7 17 (1.84%) GitHub
8 14 (1.51%) SaaS
9 12 (1.30%) Cloud Computing
10 9 (0.97%) IaaS
10 9 (0.97%) Yarn
11 7 (0.76%) OpenShift
11 7 (0.76%) PaaS
12 4 (0.43%) OneDrive
13 3 (0.32%) Apigee
14 2 (0.22%) Amazon EMR
14 2 (0.22%) Amazon S3
14 2 (0.22%) Azure Data Factory
14 2 (0.22%) Google Analytics
15 1 (0.11%) Amazon SQS
Communications & Networking
1 15 (1.62%) Firewall
2 12 (1.30%) TCP/IP
3 11 (1.19%) LAN
3 11 (1.19%) Network Security
4 10 (1.08%) DNS
4 10 (1.08%) Multicast
4 10 (1.08%) WAN
5 9 (0.97%) BGP
5 9 (0.97%) OSPF
6 8 (0.86%) Cisco Nexus
6 8 (0.86%) Wireless
7 7 (0.76%) Cisco IOS
7 7 (0.76%) VPN
8 6 (0.65%) DHCP
8 6 (0.65%) Internet
9 5 (0.54%) Cisco IPT
9 5 (0.54%) H.323
9 5 (0.54%) HTTP
9 5 (0.54%) Junos
9 5 (0.54%) MGCP
Database & Business Intelligence
1 64 (6.92%) Big Data
2 51 (5.51%) SQL Server
3 49 (5.30%) Relational Database
4 37 (4.00%) NoSQL
5 36 (3.89%) MongoDB
6 35 (3.78%) Hadoop
7 33 (3.57%) Data Warehouse
8 32 (3.46%) Power BI
9 29 (3.14%) SQL Server Integration Services
10 24 (2.59%) SQL Server Reporting Services
11 22 (2.38%) RDBMS
12 17 (1.84%) Oracle Database
13 15 (1.62%) Apache Hive
14 13 (1.41%) PostgreSQL
14 13 (1.41%) SQL Server Analysis Services
15 12 (1.30%) Apache Cassandra
15 12 (1.30%) MySQL
16 11 (1.19%) BigQuery
16 11 (1.19%) KDB
16 11 (1.19%) QlikView
Development Applications
1 55 (5.95%) JIRA
2 54 (5.84%) Git (software)
3 24 (2.59%) TeamCity
4 21 (2.27%) Jenkins
5 19 (2.05%) Maven
6 15 (1.62%) Cucumber
7 13 (1.41%) Bitbucket
7 13 (1.41%) webpack
8 8 (0.86%) JUnit
8 8 (0.86%) Selenium
9 5 (0.54%) Eclipse
9 5 (0.54%) PowerDesigner
10 4 (0.43%) Ant
10 4 (0.43%) Bitbucket Server
10 4 (0.43%) GitLab
10 4 (0.43%) gulp
10 4 (0.43%) JMeter
10 4 (0.43%) Pylint
10 4 (0.43%) Sourcetree
10 4 (0.43%) Subversion
General
1 925 (100.00%) Banking
2 415 (44.86%) Finance
3 182 (19.68%) Front Office
4 52 (5.62%) Retail Banking
5 44 (4.76%) Retail
6 22 (2.38%) Legal
7 21 (2.27%) Corporate Banking
8 15 (1.62%) Marketing
9 13 (1.41%) Back Office
9 13 (1.41%) Financial Institution
10 8 (0.86%) Telecoms
11 6 (0.65%) Public Sector
12 5 (0.54%) Private Banking
12 5 (0.54%) Publishing
13 4 (0.43%) Advertising
14 3 (0.32%) French Language
14 3 (0.32%) Games
14 3 (0.32%) International Banking
15 2 (0.22%) Manufacturing
15 2 (0.22%) Prime Brokerage
Job Titles
1 455 (49.19%) Developer
2 188 (20.32%) Java Developer
3 125 (13.51%) Analyst
4 102 (11.03%) Senior Developer
5 63 (6.81%) Business Analyst
6 52 (5.62%) Python Developer
7 51 (5.51%) Senior Java Developer
8 46 (4.97%) Investment Banking Java Developer
9 44 (4.76%) SQL Developer
10 42 (4.54%) Agile Developer
11 40 (4.32%) Scala Developer
12 39 (4.22%) React Developer
13 35 (3.78%) Architect
13 35 (3.78%) Banking Analyst
14 34 (3.68%) C# Developer
15 33 (3.57%) Agile Java Developer
16 32 (3.46%) Project Manager
17 25 (2.70%) Full Stack Developer
18 24 (2.59%) Systems Developer
19 23 (2.49%) DevOps Engineer
Libraries, Frameworks & Software Standards
1 83 (8.97%) React
2 69 (7.46%) HTML
3 61 (6.59%) Spring
4 56 (6.05%) AngularJS
5 49 (5.30%) CSS
6 43 (4.65%) .NET
6 43 (4.65%) Kafka
7 38 (4.11%) RESTful
8 33 (3.57%) Hibernate
8 33 (3.57%) Node.js
9 30 (3.24%) Redux
10 29 (3.14%) HTML5
11 25 (2.70%) XML
12 24 (2.59%) Spring Boot
13 21 (2.27%) FIX Protocol
14 19 (2.05%) REST
15 16 (1.73%) Scala.js
15 16 (1.73%) Web Services
16 13 (1.41%) J2EE
16 13 (1.41%) J2SE
Miscellaneous
1 116 (12.54%) Derivative
2 84 (9.08%) Foreign Exchange (FX)
3 81 (8.76%) Equities
4 78 (8.43%) Fixed Income
4 78 (8.43%) Greenfield Project
5 72 (7.78%) Analytical Skills
6 37 (4.00%) Virtual Team
7 35 (3.78%) Equity Derivative
8 34 (3.68%) Credit Risk
9 32 (3.46%) Algorithms
9 32 (3.46%) Management Information System
10 29 (3.14%) User Experience
11 26 (2.81%) Market Risk
12 23 (2.49%) Data Structures
12 23 (2.49%) Reference Data
13 20 (2.16%) Mobile Banking
13 20 (2.16%) Public Cloud
13 20 (2.16%) Self-Motivation
14 17 (1.84%) Data Centre
15 12 (1.30%) Analytical Mindset
Operating Systems
1 70 (7.57%) Linux
1 70 (7.57%) Unix
2 60 (6.49%) Windows
3 25 (2.70%) Windows 10
4 17 (1.84%) Windows 7
5 15 (1.62%) Windows Server
6 11 (1.19%) Solaris
7 8 (0.86%) Red Hat Enterprise Linux
8 7 (0.76%) Apple iOS
9 5 (0.54%) Mac OS
10 3 (0.32%) Android
10 3 (0.32%) Windows Server 2008
10 3 (0.32%) Windows Server 2012
11 1 (0.11%) Windows Server 2003
Processes & Methodologies
1 364 (39.35%) Agile Software Development
2 146 (15.78%) TDD
3 81 (8.76%) Analytics
4 78 (8.43%) Problem-Solving
5 75 (8.11%) Software Engineering
6 73 (7.89%) Microservices
7 69 (7.46%) Migration
7 69 (7.46%) SDLC
8 67 (7.24%) Stakeholder Management
9 62 (6.70%) Scrum
10 56 (6.05%) DevOps
11 54 (5.84%) Project Management
12 53 (5.73%) Low Latency
12 53 (5.73%) Wealth Management
13 50 (5.41%) Continuous Integration
13 50 (5.41%) Test Automation
14 49 (5.30%) Multithreading
14 49 (5.30%) Risk Management
15 48 (5.19%) Business Intelligence
15 48 (5.19%) Electronic Trading
Programming Languages
1 332 (35.89%) Java
2 225 (24.32%) SQL
3 170 (18.38%) Python
4 116 (12.54%) JavaScript
5 79 (8.54%) C#
6 76 (8.22%) Scala
7 53 (5.73%) C++
8 43 (4.65%) Java 8
9 24 (2.59%) ES6
10 20 (2.16%) VBA
11 19 (2.05%) Perl
11 19 (2.05%) TypeScript
12 15 (1.62%) PL/SQL
12 15 (1.62%) PowerShell
12 15 (1.62%) R
13 12 (1.30%) Bash Shell
13 12 (1.30%) Data Analysis Expressions (DAX)
14 9 (0.97%) Shell Script
15 7 (0.76%) VB
16 6 (0.65%) VB.NET
Qualifications
1 58 (6.27%) Degree
2 15 (1.62%) Computer Science Degree
3 13 (1.41%) PhD
4 9 (0.97%) CISSP
5 8 (0.86%) Cisco Certification
5 8 (0.86%) PMP
6 7 (0.76%) CISA
6 7 (0.76%) Master's Degree
7 6 (0.65%) CISM
7 6 (0.65%) CRISC
8 5 (0.54%) PMI Certification
9 3 (0.32%) AWS Certification
9 3 (0.32%) CCNP
9 3 (0.32%) Citrix Certification
9 3 (0.32%) ISEB
9 3 (0.32%) ISTQB
9 3 (0.32%) ITIL Certification
9 3 (0.32%) PRINCE2 Certification
9 3 (0.32%) TOGAF Certification
10 2 (0.22%) Numerate Degree
Quality Assurance & Compliance
1 27 (2.92%) QA
2 14 (1.51%) MiFID
3 11 (1.19%) Data Quality
4 9 (0.97%) EMIR
5 5 (0.54%) GDPR
5 5 (0.54%) PMO
6 3 (0.32%) ISO/IEC 27001
6 3 (0.32%) NIST
7 2 (0.22%) Dodd-Frank
8 1 (0.11%) Basel III
8 1 (0.11%) ISO 8583
8 1 (0.11%) ITGC
8 1 (0.11%) SEPA
8 1 (0.11%) SLA
System Software
1 36 (3.89%) Docker
2 18 (1.95%) Active Directory
3 13 (1.41%) VMware Infrastructure
4 11 (1.19%) XenDesktop
5 9 (0.97%) XenApp
6 7 (0.76%) Oracle RAC
7 5 (0.54%) ProxySG
8 4 (0.43%) Virtual Desktop
9 3 (0.32%) Citrix Hypervisor
10 2 (0.22%) Apache ZooKeeper
10 2 (0.22%) Cronacle
10 2 (0.22%) HDFS
10 2 (0.22%) Veritas File System
10 2 (0.22%) Veritas Volume Manager
10 2 (0.22%) VMware Server
10 2 (0.22%) VMware Workstation
11 1 (0.11%) Microsoft App-V
11 1 (0.11%) Oracle Clusterware
11 1 (0.11%) VMware ESXi
Systems Management
1 35 (3.78%) Kubernetes
2 20 (2.16%) Ansible
3 13 (1.41%) Terraform
4 12 (1.30%) SCCM
5 8 (0.86%) Opscode Chef
6 7 (0.76%) Puppet
7 5 (0.54%) Symantec Endpoint Protection
8 4 (0.43%) AirWatch
9 3 (0.32%) Consul
9 3 (0.32%) Data Guard
9 3 (0.32%) Istio
9 3 (0.32%) SCOM
9 3 (0.32%) Single Sign-On
10 2 (0.22%) Backup Exec
10 2 (0.22%) Cisco CUCM
10 2 (0.22%) Nagios
10 2 (0.22%) WSUS
11 1 (0.11%) Ambari
11 1 (0.11%) FortiGate
11 1 (0.11%) Microsoft Intune
Vendors
1 71 (7.68%) Oracle
2 59 (6.38%) Microsoft
3 38 (4.11%) Google
4 22 (2.38%) Bloomberg
4 22 (2.38%) Cisco
4 22 (2.38%) Tableau
5 18 (1.95%) Sybase
5 18 (1.95%) VMware
6 15 (1.62%) Citrix
6 15 (1.62%) Reuters
7 12 (1.30%) Informatica
8 11 (1.19%) Atlassian
8 11 (1.19%) Splunk
9 10 (1.08%) HP
10 8 (0.86%) Sun
11 7 (0.76%) F5
11 7 (0.76%) SAP
12 6 (0.65%) Juniper
12 6 (0.65%) ServiceNow
12 6 (0.65%) Symantec