Period
to 29 September 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 29 September 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
29 Sep 2020
Same period 2019 Same period 2018
Rank 48 102 81
Rank change year-on-year +54 -21 -44
Contract jobs citing Investment Banking 720 957 1,397
As % of all contract jobs advertised in London 5.35% 2.53% 3.07%
As % of the General category 10.72% 5.68% 6.48%
Number of daily rates quoted 570 705 1,132
Median daily rate £625 £600 £600
Median daily rate % change year-on-year +4.17% - +4.35%
10th Percentile £463 £389 £419
90th Percentile £800 £750 £738
England median daily rate £625 £575 £600
% change year-on-year +8.70% -4.17% +4.35%
Number of hourly rates quoted 1 6 3
Median hourly rate £35.00 £16.50 £15.00
Median hourly rate % change year-on-year +112.12% +10.00% -
England median hourly rate £35.00 £44.00 £15.00
% change year-on-year -20.45% +193.33% -

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 6,717 16,854 21,566
As % of all contract IT jobs advertised in London 49.93% 44.59% 47.41%
Number of daily rates quoted 4,638 11,693 15,369
Median daily rate £525 £525 £525
10th Percentile £328 £325 £320
90th Percentile £750 £713 £700
England median daily rate £500 £495 £475
% change year-on-year +0.92% +4.30% +2.70%
Number of hourly rates quoted 102 199 249
Median hourly rate £35.00 £22.00 £22.93
Median hourly rate % change year-on-year +59.09% -4.06% +4.46%
10th Percentile £17.54 £12.76 £13.31
90th Percentile £53.85 £52.50 £54.41
Median hourly rate £31.20 £22.50 £22.00
% change year-on-year +38.64% +2.27% -2.22%

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 29 September 2020.

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 29 September 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 +68 83 £550 +4.76% 11
East London +46 1 £686 +19.30% 6
South London +35 1 £538 -6.52%
Investment Banking
England

For the 6 months to 29 September 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.

1 720 (100.00%) Banking
2 422 (58.61%) Java
3 367 (50.97%) Finance
4 337 (46.81%) Front Office
5 281 (39.03%) Agile Software Development
6 262 (36.39%) Fixed Income
7 253 (35.14%) Python
8 202 (28.06%) Foreign Exchange (FX)
9 195 (27.08%) SQL
10 184 (25.56%) Derivative
11 183 (25.42%) JavaScript
12 176 (24.44%) Web Services
13 173 (24.03%) Equities
14 165 (22.92%) AngularJS
15 157 (21.81%) Software Engineering
16 150 (20.83%) Asset Management
16 150 (20.83%) AWS
17 141 (19.58%) Hedge funds
18 140 (19.44%) React
19 129 (17.92%) DevOps
20 126 (17.50%) Investment Management
20 126 (17.50%) C#
21 110 (15.28%) Business Analysis
22 107 (14.86%) Vue.js
23 106 (14.72%) Azure
24 98 (13.61%) GCP
25 94 (13.06%) Linux
26 92 (12.78%) Multithreading
27 91 (12.64%) SQL Server
28 90 (12.50%) C++

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 26 (3.61%) Mule
2 23 (3.19%) Red Hat Fuse
3 19 (2.64%) Apache Spark
4 13 (1.81%) Confluence
5 12 (1.67%) JBoss
6 11 (1.53%) Elasticsearch
7 10 (1.39%) MTS
8 9 (1.25%) SharePoint
9 5 (0.69%) IIS
10 4 (0.56%) Apache
11 3 (0.42%) Oracle Coherence
11 3 (0.42%) Oracle Workflow
11 3 (0.42%) SharePoint 2013
12 2 (0.28%) CMS
12 2 (0.28%) DataSynapse
12 2 (0.28%) IBM HTTP Server
12 2 (0.28%) K2 blackpearl
12 2 (0.28%) SAS
12 2 (0.28%) SharePoint 2010
13 1 (0.14%) Apache Solr
Applications
1 21 (2.92%) Microsoft Excel
2 9 (1.25%) Chatbot
3 4 (0.56%) Microsoft Office
4 3 (0.42%) Microsoft PowerPoint
4 3 (0.42%) Sketch
5 2 (0.28%) Adobe Illustrator
5 2 (0.28%) Microsoft Project
6 1 (0.14%) MS Visio
6 1 (0.14%) Spreadsheet
Business Applications
1 17 (2.36%) ION MarketView
2 12 (1.67%) SunGard Martini
3 11 (1.53%) Bloomberg TOMS
4 5 (0.69%) HiPortfolio
5 2 (0.28%) Endur
5 2 (0.28%) RMDS
6 1 (0.14%) FLEXCUBE
6 1 (0.14%) MultiFonds
6 1 (0.14%) Oracle AML
6 1 (0.14%) Refinitiv Enterprise Platform
6 1 (0.14%) SimCorp Dimension
6 1 (0.14%) Sophis RISQUE
6 1 (0.14%) Sparx Enterprise Architect
6 1 (0.14%) SunGard GMI
6 1 (0.14%) Temenos Globus
6 1 (0.14%) Temenos T24
Cloud Services
1 150 (20.83%) AWS
2 106 (14.72%) Azure
3 98 (13.61%) GCP
4 30 (4.17%) Serverless
5 27 (3.75%) Amazon EC2
5 27 (3.75%) Amazon S3
5 27 (3.75%) AWS Lambda
6 11 (1.53%) Cloud Computing
6 11 (1.53%) OpenShift
7 6 (0.83%) PaaS
8 4 (0.56%) GitHub
8 4 (0.56%) IaaS
8 4 (0.56%) Office 365
8 4 (0.56%) Power Platform
8 4 (0.56%) SaaS
9 2 (0.28%) Amazon ECS
9 2 (0.28%) Amazon SQS
9 2 (0.28%) npm
9 2 (0.28%) SuccessFactors
9 2 (0.28%) Yarn
Communications & Networking
1 8 (1.11%) Firewall
2 6 (0.83%) FIX Connectivity
2 6 (0.83%) Kerberos
2 6 (0.83%) Multicast
2 6 (0.83%) RTMP
3 5 (0.69%) TCP/IP
4 4 (0.56%) HTTP
4 4 (0.56%) Internet
5 2 (0.28%) AMQP
5 2 (0.28%) BIG-IP
5 2 (0.28%) Intranet
5 2 (0.28%) Wireshark
6 1 (0.14%) BGP
6 1 (0.14%) HTTPS
6 1 (0.14%) NetScaler
6 1 (0.14%) OSPF
6 1 (0.14%) Reverse Proxy
6 1 (0.14%) SSL
6 1 (0.14%) tcpdump
6 1 (0.14%) VPN
Database & Business Intelligence
1 91 (12.64%) SQL Server
2 50 (6.94%) Relational Database
3 49 (6.81%) MongoDB
4 32 (4.44%) NoSQL
5 27 (3.75%) Amazon DynamoDB
6 24 (3.33%) Oracle Database
7 23 (3.19%) Data Warehouse
8 19 (2.64%) MySQL
9 17 (2.36%) Hazelcast
10 16 (2.22%) Big Data
10 16 (2.22%) Hadoop
11 15 (2.08%) SQL Server Integration Services
12 13 (1.81%) Redis
13 12 (1.67%) Oracle Database 12c
14 10 (1.39%) SQL Server Reporting Services
15 9 (1.25%) Oracle Database 11g
15 9 (1.25%) SQL Server Analysis Services
16 6 (0.83%) Apache Cassandra
16 6 (0.83%) PostgreSQL
17 5 (0.69%) Couchbase
Development Applications
1 58 (8.06%) Git (software)
2 52 (7.22%) RStudio
3 44 (6.11%) Subversion
4 34 (4.72%) Maven
5 30 (4.17%) JIRA
5 30 (4.17%) JUnit
6 25 (3.47%) Jenkins
7 23 (3.19%) Visual Studio
8 15 (2.08%) Cucumber
9 13 (1.81%) TeamCity
10 11 (1.53%) Atlassian Bamboo
10 11 (1.53%) jMock
11 10 (1.39%) CppUnit
11 10 (1.39%) Hudson
11 10 (1.39%) NUnit
11 10 (1.39%) Oracle APEX
12 9 (1.25%) FishEye
12 9 (1.25%) FitNesse
13 8 (1.11%) Gradle
14 7 (0.97%) Selenium
General
1 720 (100.00%) Banking
2 367 (50.97%) Finance
3 337 (46.81%) Front Office
4 21 (2.92%) Retail Banking
5 20 (2.78%) Retail
6 19 (2.64%) Back Office
7 16 (2.22%) French Language
8 13 (1.81%) Financial Institution
9 11 (1.53%) Corporate Banking
10 5 (0.69%) Advertising
11 4 (0.56%) Legal
12 3 (0.42%) International Banking
12 3 (0.42%) Law
12 3 (0.42%) Marketing
12 3 (0.42%) Prime Brokerage
13 2 (0.28%) Telecoms
14 1 (0.14%) German Language
14 1 (0.14%) Private Banking
Job Titles
1 523 (72.64%) Developer
2 220 (30.56%) Java Developer
3 105 (14.58%) Senior Developer
4 88 (12.22%) AWS Developer
5 81 (11.25%) Python Developer
6 80 (11.11%) Senior Java Developer
7 77 (10.69%) AWS Engineer
8 70 (9.72%) JavaScript Developer
9 66 (9.17%) Analyst
10 60 (8.33%) Front Office Developer
11 54 (7.50%) Developer/Software Engineer
11 54 (7.50%) Software Engineer
12 44 (6.11%) C# Developer
12 44 (6.11%) JavaScript Engineer
13 43 (5.97%) C++ Developer
14 41 (5.69%) Business Analyst
15 39 (5.42%) Investment Banking Java Developer
16 38 (5.28%) Python Engineer
16 38 (5.28%) Python Software Engineer
17 29 (4.03%) Pricing Developer
Libraries, Frameworks & Software Standards
1 176 (24.44%) Web Services
2 165 (22.92%) AngularJS
3 140 (19.44%) React
4 107 (14.86%) Vue.js
5 86 (11.94%) Spring
6 79 (10.97%) .NET
7 66 (9.17%) Node.js
8 54 (7.50%) Middleware
9 45 (6.25%) REST
10 41 (5.69%) HTML
11 33 (4.58%) Hibernate
12 31 (4.31%) CSS
13 29 (4.03%) XML
14 27 (3.75%) Apache Camel
15 26 (3.61%) Boost C++ Libraries
15 26 (3.61%) STL
16 25 (3.47%) HTML5
16 25 (3.47%) JMS
16 25 (3.47%) Spring Integration
17 24 (3.33%) .NET Framework
Miscellaneous
1 262 (36.39%) Fixed Income
2 202 (28.06%) Foreign Exchange (FX)
3 184 (25.56%) Derivative
4 173 (24.03%) Equities
5 141 (19.58%) Hedge funds
6 40 (5.56%) Analytical Skills
7 27 (3.75%) User Experience
8 23 (3.19%) Credit Risk
9 20 (2.78%) Blog
10 18 (2.50%) Data Structures
11 13 (1.81%) Greenfield Project
12 12 (1.67%) Management Information System
12 12 (1.67%) Market Risk
12 12 (1.67%) Virtual Team
13 10 (1.39%) Eurex
14 8 (1.11%) Algorithms
14 8 (1.11%) Mobile Banking
15 7 (0.97%) Grid Computing
16 6 (0.83%) Robotics
17 4 (0.56%) Equity Derivative
Operating Systems
1 94 (13.06%) Linux
2 62 (8.61%) Windows
3 45 (6.25%) Unix
4 15 (2.08%) Windows Server
5 5 (0.69%) Windows Server 2019
6 4 (0.56%) Windows Server 2008
6 4 (0.56%) Windows Server 2012
6 4 (0.56%) Windows Server 2016
7 3 (0.42%) Red Hat Enterprise Linux
7 3 (0.42%) Windows 10
8 1 (0.14%) AIX
8 1 (0.14%) Apple iOS
8 1 (0.14%) Solaris
8 1 (0.14%) SUSE Linux Enterprise Server
Processes & Methodologies
1 281 (39.03%) Agile Software Development
2 157 (21.81%) Software Engineering
3 150 (20.83%) Asset Management
4 129 (17.92%) DevOps
5 126 (17.50%) Investment Management
6 110 (15.28%) Business Analysis
7 92 (12.78%) Multithreading
8 82 (11.39%) TDD
9 80 (11.11%) Low Latency
10 79 (10.97%) Electronic Trading
11 70 (9.72%) Decision-Making
11 70 (9.72%) Portfolio Management
12 56 (7.78%) Analytics
12 56 (7.78%) Problem-Solving
12 56 (7.78%) SDLC
13 52 (7.22%) Test Automation
14 47 (6.53%) Computer Science
15 45 (6.25%) Technical Analysis
16 42 (5.83%) OO
16 42 (5.83%) Risk Management
Programming Languages
1 422 (58.61%) Java
2 253 (35.14%) Python
3 195 (27.08%) SQL
4 183 (25.42%) JavaScript
5 126 (17.50%) C#
6 90 (12.50%) C++
7 36 (5.00%) Kotlin
8 28 (3.89%) TypeScript
9 20 (2.78%) Java 8
10 19 (2.64%) T-SQL
11 18 (2.50%) Scala
12 15 (2.08%) VBA
13 10 (1.39%) ES6
14 9 (1.25%) C
15 8 (1.11%) PowerShell
16 7 (0.97%) R
17 6 (0.83%) Bash Shell
17 6 (0.83%) Perl
18 5 (0.69%) VB
19 4 (0.56%) PL/SQL
Qualifications
1 44 (6.11%) Degree
2 21 (2.92%) Computer Science Degree
3 13 (1.81%) Numerate Degree
4 4 (0.56%) PhD
5 2 (0.28%) SC Cleared
5 2 (0.28%) Security Cleared
6 1 (0.14%) CCIE
6 1 (0.14%) Cisco Certification
6 1 (0.14%) CISSP
6 1 (0.14%) ITIL Certification
6 1 (0.14%) ITIL Foundation Certificate
6 1 (0.14%) Master's Degree
6 1 (0.14%) PMI Certification
6 1 (0.14%) PMP
6 1 (0.14%) TOGAF Certification
Quality Assurance & Compliance
1 13 (1.81%) QA
2 7 (0.97%) PMO
3 5 (0.69%) Data Quality
4 2 (0.28%) COREP
5 1 (0.14%) FINREP
5 1 (0.14%) ISO/IEC 20000
5 1 (0.14%) ISO/IEC 27001
5 1 (0.14%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
5 1 (0.14%) NIST
5 1 (0.14%) SLA
System Software
1 23 (3.19%) Docker
2 11 (1.53%) Active Directory
3 6 (0.83%) VMware Infrastructure
4 4 (0.56%) VMware ESXi
5 3 (0.42%) GridGain
6 1 (0.14%) Microsoft App-V
6 1 (0.14%) Virtual Desktop
6 1 (0.14%) XenApp
6 1 (0.14%) XenDesktop
Systems Management
1 26 (3.61%) Kubernetes
2 15 (2.08%) Ansible
3 11 (1.53%) ITRS Geneos
4 10 (1.39%) Terraform
5 5 (0.69%) BladeLogic
6 4 (0.56%) Microsoft Clustering
7 3 (0.42%) Opscode Chef
7 3 (0.42%) Puppet
8 2 (0.28%) Consul
8 2 (0.28%) Grafana
8 2 (0.28%) Prometheus
8 2 (0.28%) SCCM
9 1 (0.14%) Control-M
9 1 (0.14%) Microsoft Intune
9 1 (0.14%) Single Sign-On
Vendors
1 74 (10.28%) Oracle
2 71 (9.86%) Google
3 35 (4.86%) ION Trading
4 31 (4.31%) Bloomberg
5 25 (3.47%) Microsoft
6 22 (3.06%) Sybase
7 13 (1.81%) Atlassian
7 13 (1.81%) SunGard
8 12 (1.67%) Murex
9 10 (1.39%) FIS
9 10 (1.39%) MarketAxess
9 10 (1.39%) Tradeweb
10 9 (1.25%) DevExpress
11 8 (1.11%) Reuters
12 6 (0.83%) Red Hat
12 6 (0.83%) Splunk
12 6 (0.83%) VMware
13 5 (0.69%) SimCorp
13 5 (0.69%) Solace
13 5 (0.69%) Sun