Period
to 23 January 2022

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 23 January 2022 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
23 Jan 2022
Same period 2021 Same period 2020
Rank 58 63 125
Rank change year-on-year +5 +62 -24
Contract jobs citing Investment Banking 1,607 696 669
As % of all contract jobs advertised in London 4.36% 3.95% 2.22%
As % of the General category 7.55% 6.91% 4.12%
Number of daily rates quoted 1,212 549 468
10th Percentile £525 £463 £400
25th Percentile £613 £538 £513
Median daily rate (50th Percentile) £700 £615 £600
Median % change year-on-year +13.82% +2.50% -
75th Percentile £775 £700 £688
90th Percentile £830 £763 £725
England median daily rate £700 £610 £600
% change year-on-year +14.75% +1.67% -
Number of hourly rates quoted 0 1 3
10th Percentile - - £15.70
25th Percentile - £22.25 £17.69
Median hourly rate - £22.50 £21.00
Median % change year-on-year - +7.14% +40.00%
75th Percentile - £22.75 £47.00
90th Percentile - - £62.60
England median hourly rate £13.00 £22.50 £44.00
% change year-on-year -42.22% -48.86% +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 21,293 10,075 16,240
As % of all contract IT jobs advertised in London 57.76% 57.24% 53.89%
Number of daily rates quoted 15,299 7,274 11,597
10th Percentile £375 £315 £295
25th Percentile £471 £413 £406
Median daily rate (50th Percentile) £575 £520 £513
Median % change year-on-year +10.58% +1.46% -0.49%
75th Percentile £688 £625 £625
90th Percentile £775 £713 £700
England median daily rate £525 £475 £475
% change year-on-year +10.53% - -
Number of hourly rates quoted 255 105 235
10th Percentile £16.32 £14.50 £12.46
25th Percentile £21.80 £21.25 £16.63
Median hourly rate £35.08 £27.50 £21.00
Median % change year-on-year +27.55% +30.95% +9.09%
75th Percentile £49.25 £45.75 £29.96
90th Percentile £62.20 £60.10 £52.50
England median hourly rate £19.70 £23.43 £18.70
% change year-on-year -15.92% +25.29% +1.08%

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 23 January 2022.

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 23 January 2022. 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
Jobs
Central London +6 182 £706 +18.20% 40
South London - 3 £800 - 4
Investment Banking
England

For the 6 months to 23 January 2022, 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 1,607 (100.00%) Banking
2 612 (38.08%) Finance
3 563 (35.03%) Java
4 505 (31.43%) Agile Software Development
5 443 (27.57%) Front Office
6 436 (27.13%) SQL
7 356 (22.15%) Social Skills
8 292 (18.17%) Python
9 276 (17.17%) C#
10 234 (14.56%) Foreign Exchange (FX)
11 230 (14.31%) Electronic Trading
12 222 (13.81%) Multithreading
13 216 (13.44%) Fixed Income
14 212 (13.19%) Azure
15 208 (12.94%) .NET
16 189 (11.76%) DevOps
17 172 (10.70%) Derivative
18 171 (10.64%) Git (software)
19 170 (10.58%) Oracle
20 163 (10.14%) JIRA
21 161 (10.02%) SDLC
22 156 (9.71%) JavaScript
23 154 (9.58%) Spring
24 151 (9.40%) Scrum
25 150 (9.33%) Relational Database
26 148 (9.21%) Linux
27 147 (9.15%) C++
28 140 (8.71%) Analytics
29 139 (8.65%) Jenkins
29 139 (8.65%) Unix

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
1 106 (6.60%) Apache Spark
2 56 (3.48%) Confluence
3 42 (2.61%) Mule
4 40 (2.49%) Red Hat Fuse
5 18 (1.12%) Apache
5 18 (1.12%) SharePoint
6 16 (1.00%) JBoss
7 12 (0.75%) Oracle Coherence
8 10 (0.62%) IIS
9 8 (0.50%) Tomcat
10 7 (0.44%) WebSphere
11 6 (0.37%) Ethereum
11 6 (0.37%) SAS
12 5 (0.31%) Apache Airflow
12 5 (0.31%) WebLogic
13 4 (0.25%) Skype for Business
14 3 (0.19%) Elasticsearch
14 3 (0.19%) Oracle SOA Suite
15 2 (0.12%) Apache ServiceMix
15 2 (0.12%) MQSeries
Applications
1 66 (4.11%) Microsoft Excel
2 37 (2.30%) Microsoft PowerPoint
3 25 (1.56%) MS Visio
4 18 (1.12%) Microsoft Project
5 12 (0.75%) Microsoft Office
6 4 (0.25%) InVision
6 4 (0.25%) Sketch
7 3 (0.19%) Spreadsheet
8 2 (0.12%) Adobe Illustrator
8 2 (0.12%) Adobe XD
8 2 (0.12%) Chatbot
9 1 (0.062%) Oracle Smart View
9 1 (0.062%) Photoshop
Business Applications
1 28 (1.74%) ION MarketView
2 25 (1.56%) SunGard Martini
3 7 (0.44%) Markit EDM
4 4 (0.25%) Bloomberg TOMS
4 4 (0.25%) Loan IQ
5 2 (0.12%) CA PPM
5 2 (0.12%) Orchestrade
5 2 (0.12%) PeopleSoft Financials
5 2 (0.12%) R3 Corda
5 2 (0.12%) SunGard GMI
6 1 (0.062%) Hyperion Planning
6 1 (0.062%) SAP S/4HANA
6 1 (0.062%) Summit
Cloud Services
1 212 (13.19%) Azure
2 65 (4.04%) AWS
3 38 (2.36%) Azure Data Factory
4 36 (2.24%) Azure Synapse Analytics
5 32 (1.99%) GitHub
6 22 (1.37%) OpenShift
7 21 (1.31%) GCP
8 20 (1.24%) npm
8 20 (1.24%) Power Platform
9 17 (1.06%) Yarn
10 16 (1.00%) AWS CloudFormation
11 15 (0.93%) Serverless
12 14 (0.87%) PaaS
13 13 (0.81%) Azure Active Directory
14 11 (0.68%) Azure Service Bus
15 9 (0.56%) AWS Lambda
16 7 (0.44%) IaaS
17 6 (0.37%) Azure Cosmos DB
17 6 (0.37%) Microsoft 365
17 6 (0.37%) SonarCloud
Communications & Networking
1 32 (1.99%) TCP/IP
2 21 (1.31%) Network Security
3 10 (0.62%) RTMP
4 9 (0.56%) Firewall
4 9 (0.56%) HTTP
5 8 (0.50%) DSL
6 5 (0.31%) Internet
6 5 (0.31%) Skype
6 5 (0.31%) SSL
7 4 (0.25%) FTP
7 4 (0.25%) IPFS
8 3 (0.19%) Multicast
9 2 (0.12%) BGP
9 2 (0.12%) Cisco ISE
9 2 (0.12%) DNS
9 2 (0.12%) Intranet
9 2 (0.12%) Kerberos
9 2 (0.12%) NAS
9 2 (0.12%) VoIP
10 1 (0.062%) OSPF
Database & Business Intelligence
1 150 (9.33%) Relational Database
2 124 (7.72%) SQL Server
3 86 (5.35%) Big Data
4 78 (4.85%) Data Warehouse
5 58 (3.61%) Oracle Database
6 54 (3.36%) NoSQL
7 48 (2.99%) MongoDB
8 33 (2.05%) Oracle Database 12c
9 30 (1.87%) Apache Hive
10 27 (1.68%) Hadoop
11 26 (1.62%) Metadata
12 25 (1.56%) RDBMS
13 22 (1.37%) Data Lake
14 19 (1.18%) HBase
14 19 (1.18%) MySQL
14 19 (1.18%) Tableau
15 18 (1.12%) Microsoft Analysis Services
15 18 (1.12%) Power BI
16 16 (1.00%) Delta Lake
17 14 (0.87%) Blockchain
Development Applications
1 171 (10.64%) Git (software)
2 163 (10.14%) JIRA
3 139 (8.65%) Jenkins
4 102 (6.35%) TeamCity
5 98 (6.10%) Maven
6 56 (3.48%) GitLab
7 45 (2.80%) Selenium
8 43 (2.68%) Bitbucket
8 43 (2.68%) Subversion
9 39 (2.43%) Cucumber
10 35 (2.18%) Visual Studio
11 33 (2.05%) Gradle
12 31 (1.93%) Artifactory
12 31 (1.93%) Hudson
13 30 (1.87%) Robot Framework
14 26 (1.62%) Oracle APEX
15 25 (1.56%) CppUnit
15 25 (1.56%) JUnit
16 23 (1.43%) webpack
17 19 (1.18%) Karma Test Runner
General
1 1,607 (100.00%) Banking
2 612 (38.08%) Finance
3 443 (27.57%) Front Office
4 356 (22.15%) Social Skills
5 128 (7.97%) Analytical Skills
6 74 (4.60%) Retail Banking
7 70 (4.36%) Retail
8 60 (3.73%) Corporate Banking
9 42 (2.61%) Back Office
10 41 (2.55%) Presentation Skills
11 40 (2.49%) Legal
12 27 (1.68%) Organisational Skills
13 22 (1.37%) Financial Institution
14 19 (1.18%) Marketing
15 16 (1.00%) Influencing Skills
16 12 (0.75%) Inclusion and Diversity
16 12 (0.75%) Public Speaking
17 11 (0.68%) Advertising
18 10 (0.62%) Documentation Skills
19 6 (0.37%) General Ledger
Job Titles
1 802 (49.91%) Developer
2 330 (20.54%) Java Developer
3 220 (13.69%) Analyst
4 152 (9.46%) Business Analyst
5 131 (8.15%) Senior Developer
6 117 (7.28%) C# Developer
7 111 (6.91%) Architect
8 106 (6.60%) Investment Banking Java Developer
9 99 (6.16%) Banking Analyst
10 75 (4.67%) Senior Java Developer
11 70 (4.36%) Electronic Trading Developer
12 68 (4.23%) Project Manager
13 67 (4.17%) C# Developer - Investment Banking
14 66 (4.11%) React Developer
15 65 (4.04%) Front Office Developer
16 61 (3.80%) Solutions Architect
17 59 (3.67%) C++ Developer
17 59 (3.67%) Investment Banking Business Analyst
17 59 (3.67%) JavaScript Developer
18 58 (3.61%) Consultant
Libraries, Frameworks & Software Standards
1 208 (12.94%) .NET
2 154 (9.58%) Spring
3 129 (8.03%) React
4 128 (7.97%) HTML
5 103 (6.41%) AngularJS
6 95 (5.91%) CSS
7 92 (5.72%) REST
8 82 (5.10%) .NET Framework
9 81 (5.04%) RESTful
10 75 (4.67%) Kafka
11 73 (4.54%) Middleware
12 72 (4.48%) XML
13 69 (4.29%) Hibernate
14 59 (3.67%) Node.js
15 56 (3.48%) Rendezvous
16 54 (3.36%) JSON
16 54 (3.36%) WPF
17 50 (3.11%) .NET Core
18 45 (2.80%) Apache Camel
18 45 (2.80%) Spring Boot
Miscellaneous
1 234 (14.56%) Foreign Exchange (FX)
2 216 (13.44%) Fixed Income
3 172 (10.70%) Derivative
4 108 (6.72%) Equities
5 94 (5.85%) Data Structures
6 73 (4.54%) User Experience
7 72 (4.48%) Algorithms
8 65 (4.04%) Virtual Team
9 57 (3.55%) Market Risk
10 47 (2.92%) Credit Risk
11 36 (2.24%) Management Information System
12 33 (2.05%) Greenfield Project
13 28 (1.74%) Public Cloud
14 27 (1.68%) Credit Derivative
14 27 (1.68%) Equity Derivative
15 26 (1.62%) SCADA
16 25 (1.56%) Mobile App
17 24 (1.49%) Clustering
18 21 (1.31%) OTC Derivatives
19 16 (1.00%) Self-Motivation
Operating Systems
1 148 (9.21%) Linux
2 139 (8.65%) Unix
3 132 (8.21%) Windows
4 27 (1.68%) Apple iOS
5 26 (1.62%) Android
6 6 (0.37%) Windows Server
7 5 (0.31%) Red Hat Enterprise Linux
7 5 (0.31%) Windows Server 2008
7 5 (0.31%) Windows Server 2012
8 3 (0.19%) Windows 10
8 3 (0.19%) Windows 7
8 3 (0.19%) Windows Server 2016
8 3 (0.19%) Windows Server 2019
9 2 (0.12%) Mac OS
9 2 (0.12%) Solaris
9 2 (0.12%) Ubuntu
Processes & Methodologies
1 505 (31.43%) Agile Software Development
2 230 (14.31%) Electronic Trading
3 222 (13.81%) Multithreading
4 189 (11.76%) DevOps
5 161 (10.02%) SDLC
6 151 (9.40%) Scrum
7 140 (8.71%) Analytics
8 139 (8.65%) Problem-Solving
9 130 (8.09%) CI/CD
10 129 (8.03%) Algorithmic Trading
11 127 (7.90%) Low Latency
12 119 (7.41%) TDD
13 118 (7.34%) Test Automation
14 109 (6.78%) Performance Tuning
15 100 (6.22%) Data Modelling
16 99 (6.16%) Wealth Management
17 95 (5.91%) Migration
18 93 (5.79%) Unit Testing
19 92 (5.72%) Stakeholder Management
20 85 (5.29%) Software Engineering
Programming Languages
1 563 (35.03%) Java
2 436 (27.13%) SQL
3 292 (18.17%) Python
4 276 (17.17%) C#
5 156 (9.71%) JavaScript
6 147 (9.15%) C++
7 94 (5.85%) TypeScript
8 81 (5.04%) Java 8
9 70 (4.36%) Scala
10 37 (2.30%) PL/SQL
11 35 (2.18%) T-SQL
12 28 (1.74%) PowerShell
12 28 (1.74%) Shell Script
13 27 (1.68%) SPARQL
14 26 (1.62%) ES6
15 23 (1.43%) VBA
16 22 (1.37%) Bash
17 19 (1.18%) Java 9
18 15 (0.93%) Perl
19 14 (0.87%) Kotlin
Qualifications
1 48 (2.99%) Degree
2 24 (1.49%) Computer Science Degree
3 14 (0.87%) PhD
4 11 (0.68%) CIMA
5 7 (0.44%) CISM
5 7 (0.44%) Numerate Degree
6 6 (0.37%) CISSP
7 5 (0.31%) PMI Certification
8 4 (0.25%) ISTQB
9 3 (0.19%) ISTQB Foundation Certification
9 3 (0.19%) PMP
10 2 (0.12%) Cisco Certification
10 2 (0.12%) CRISC
10 2 (0.12%) ISTQB Advanced Certification
10 2 (0.12%) Master's Degree
11 1 (0.062%) (ISC)2 CCSP
11 1 (0.062%) A+ Certification
11 1 (0.062%) CCNA
11 1 (0.062%) ITIL Certification
11 1 (0.062%) PRINCE2 Certification
Quality Assurance & Compliance
1 68 (4.23%) QA
2 46 (2.86%) Data Quality
2 46 (2.86%) PMO
3 25 (1.56%) MiFID
4 23 (1.43%) Dodd-Frank
5 16 (1.00%) EMIR
6 14 (0.87%) ISO/IEC 27005
7 11 (0.68%) GAAP
7 11 (0.68%) IFRS
8 10 (0.62%) NIST
9 8 (0.50%) Accessibility
10 7 (0.44%) Sarbanes-Oxley
11 5 (0.31%) Basel III
11 5 (0.31%) FATCA
11 5 (0.31%) GDPR
12 4 (0.25%) FINREP
12 4 (0.25%) ISO/IEC 27001
12 4 (0.25%) SLA
13 3 (0.19%) COREP
13 3 (0.19%) ITGC
System Software
1 98 (6.10%) Docker
2 22 (1.37%) Active Directory
3 13 (0.81%) HDFS
4 4 (0.25%) Platform Symphony
4 4 (0.25%) Virtual Desktop
5 2 (0.12%) Oracle RAC
5 2 (0.12%) Virtual Machines
6 1 (0.062%) Active Directory Lightweight Directory Services
6 1 (0.062%) Oracle Clusterware
6 1 (0.062%) ProxySG
6 1 (0.062%) VMware Infrastructure
Systems Management
1 100 (6.22%) Kubernetes
2 60 (3.73%) Ansible
3 44 (2.74%) BladeLogic
4 37 (2.30%) Terraform
5 28 (1.74%) ITRS Geneos
6 9 (0.56%) Puppet
7 7 (0.44%) Control-M
8 6 (0.37%) HP Quality Center
8 6 (0.37%) Kibana
8 6 (0.37%) MIIS
8 6 (0.37%) Pingdom
9 5 (0.31%) Netcool
10 4 (0.25%) CSIRT
11 3 (0.19%) Data Guard
12 2 (0.12%) Microsoft Intune
12 2 (0.12%) Opscode Chef
13 1 (0.062%) Cisco CUCM
13 1 (0.062%) Forefront Identity Manager
13 1 (0.062%) logstash
13 1 (0.062%) SCOrch
Vendors
1 170 (10.58%) Oracle
2 135 (8.40%) Microsoft
3 74 (4.60%) ION Trading
4 71 (4.42%) Databricks
5 56 (3.48%) TIBCO
6 35 (2.18%) SAP
7 34 (2.12%) Bloomberg
8 32 (1.99%) Hortonworks
9 30 (1.87%) DevExpress
9 30 (1.87%) IBM
10 28 (1.74%) Cloudera
10 28 (1.74%) SunGard
11 27 (1.68%) Ab Initio
12 25 (1.56%) FIS
12 25 (1.56%) Sybase
13 20 (1.24%) BiZZdesign
13 20 (1.24%) Reuters
14 19 (1.18%) Salesforce.com
15 15 (0.93%) Atlassian
16 13 (0.81%) Splunk