Period
to 5 March 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 5 March 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
5 Mar 2021
Same period 2020 Same period 2019
Rank 61 120 101
Rank change year-on-year +59 -19 -38
Contract jobs citing Investment Banking 799 625 1,150
As % of all contract jobs advertised in London 3.97% 2.23% 2.62%
As % of the General category 8.50% 5.17% 5.62%
Number of daily rates quoted 628 450 903
Median daily rate £625 £606 £600
Median daily rate % change year-on-year +3.09% +1.04% -
10th Percentile £464 £413 £425
90th Percentile £763 £725 £775
England median daily rate £625 £600 £600
% change year-on-year +4.17% - -
Number of hourly rates quoted 1 2 7
Median hourly rate £22.50 £18.00 £15.00
Median hourly rate % change year-on-year +25.00% +20.00% -
10th Percentile £22.25 £15.04 £13.00
90th Percentile £22.75 £20.46 £22.50
England median hourly rate £22.50 £44.00 £15.00
% change year-on-year -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 9,404 12,081 20,467
As % of all contract IT jobs advertised in London 46.77% 43.06% 46.70%
Number of daily rates quoted 6,807 8,664 14,729
Median daily rate £525 £525 £525
10th Percentile £350 £318 £325
90th Percentile £725 £725 £700
England median daily rate £500 £490 £500
% change year-on-year +2.04% -2.00% +5.26%
Number of hourly rates quoted 101 145 203
Median hourly rate £27.76 £21.10 £21.00
Median hourly rate % change year-on-year +31.56% +0.48% -4.55%
10th Percentile £14.50 £12.43 £12.81
90th Percentile £61.75 £52.97 £47.25
Median hourly rate £24.50 £20.00 £20.50
% change year-on-year +22.50% -2.44% -5.53%

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 5 March 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 5 March 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 +71 95 £650 +6.12% 27
Investment Banking
England

For the 6 months to 5 March 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.

1 799 (100.00%) Banking
2 379 (47.43%) Java
3 342 (42.80%) Front Office
4 308 (38.55%) Finance
5 263 (32.92%) Agile Software Development
6 186 (23.28%) SQL
7 182 (22.78%) Foreign Exchange (FX)
8 179 (22.40%) C#
9 144 (18.02%) Low Latency
10 140 (17.52%) Multithreading
11 132 (16.52%) Python
12 131 (16.40%) Fixed Income
13 128 (16.02%) C++
14 123 (15.39%) Electronic Trading
15 114 (14.27%) .NET
16 112 (14.02%) Derivative
17 102 (12.77%) TDD
18 99 (12.39%) Linux
19 98 (12.27%) Scrum
20 96 (12.02%) Spring
21 95 (11.89%) DevOps
22 90 (11.26%) Git (software)
23 88 (11.01%) Oracle
24 83 (10.39%) JavaScript
25 80 (10.01%) Scala
26 76 (9.51%) Analytical Skills
27 75 (9.39%) SQL Server
28 74 (9.26%) Kafka
28 74 (9.26%) Analytics
29 72 (9.01%) Web Services

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 49 (6.13%) Apache Spark
2 36 (4.51%) Mule
2 36 (4.51%) Red Hat Fuse
3 20 (2.50%) Confluence
4 13 (1.63%) JBoss
5 12 (1.50%) Apache
5 12 (1.50%) Oracle Coherence
6 8 (1.00%) IIS
7 7 (0.88%) Elasticsearch
8 6 (0.75%) SharePoint
9 3 (0.38%) Apache Pig
9 3 (0.38%) WebSphere
10 2 (0.25%) SAS
10 2 (0.25%) SharePoint 2010
11 1 (0.13%) Apache Airflow
11 1 (0.13%) DataSynapse
11 1 (0.13%) Jupyter
11 1 (0.13%) MTS
11 1 (0.13%) Oracle Workflow
11 1 (0.13%) Tomcat
Applications
1 21 (2.63%) Microsoft Excel
2 11 (1.38%) Microsoft Office
3 10 (1.25%) Microsoft PowerPoint
4 4 (0.50%) Chatbot
4 4 (0.50%) Microsoft Project
4 4 (0.50%) MS Visio
4 4 (0.50%) Spreadsheet
Business Applications
1 7 (0.88%) ION MarketView
2 5 (0.63%) SunGard Martini
3 3 (0.38%) Distributed Ledger
3 3 (0.38%) HiPortfolio
4 2 (0.25%) Orchestrade
5 1 (0.13%) Bloomberg AIM
5 1 (0.13%) BusinessWorks
5 1 (0.13%) Endur
5 1 (0.13%) Global One
5 1 (0.13%) Loan IQ
5 1 (0.13%) Markit EDM
5 1 (0.13%) MultiFonds
5 1 (0.13%) PolarLake
5 1 (0.13%) Refinitiv Enterprise Platform
5 1 (0.13%) Sentinel
5 1 (0.13%) SimCorp Dimension
5 1 (0.13%) Summit
5 1 (0.13%) Temenos Globus
5 1 (0.13%) Temenos T24
Cloud Services
1 46 (5.76%) AWS
2 45 (5.63%) Azure
3 27 (3.38%) GCP
4 15 (1.88%) NuGet
5 12 (1.50%) GitHub
5 12 (1.50%) OpenShift
6 8 (1.00%) Cloud Computing
6 8 (1.00%) npm
6 8 (1.00%) Yarn
7 6 (0.75%) Microsoft 365
8 5 (0.63%) Serverless
9 4 (0.50%) AWS Lambda
10 3 (0.38%) Azure Data Factory
10 3 (0.38%) IaaS
10 3 (0.38%) Power Platform
10 3 (0.38%) SaaS
11 2 (0.25%) Boomi
11 2 (0.25%) CloudBees
11 2 (0.25%) Slack
11 2 (0.25%) Stackdriver
Communications & Networking
1 20 (2.50%) Multicast
2 15 (1.88%) Firewall
3 11 (1.38%) FIX Connectivity
3 11 (1.38%) Wireshark
4 6 (0.75%) HTTP
4 6 (0.75%) TCP/IP
4 6 (0.75%) tcpdump
5 5 (0.63%) SSL
6 3 (0.38%) HTTPS
6 3 (0.38%) Internet
6 3 (0.38%) Kerberos
6 3 (0.38%) LAN
6 3 (0.38%) VPN
6 3 (0.38%) WAN
7 2 (0.25%) Cisco Nexus
7 2 (0.25%) OSPF
7 2 (0.25%) VLAN
8 1 (0.13%) NetScaler
8 1 (0.13%) Reverse Proxy
Database & Business Intelligence
1 75 (9.39%) SQL Server
2 43 (5.38%) Hadoop
3 41 (5.13%) NoSQL
4 35 (4.38%) Big Data
5 31 (3.88%) Data Warehouse
5 31 (3.88%) MongoDB
6 29 (3.63%) Apache Cassandra
6 29 (3.63%) Relational Database
7 22 (2.75%) Oracle Database
8 17 (2.13%) Oracle Database 12c
9 14 (1.75%) MySQL
10 12 (1.50%) Oracle Database 11g
11 11 (1.38%) SQL Server Integration Services
12 10 (1.25%) HBase
12 10 (1.25%) Tableau
13 9 (1.13%) Apache Hive
13 9 (1.13%) Flink
13 9 (1.13%) SQL Server Analysis Services
14 8 (1.00%) Apache Ignite
14 8 (1.00%) Hazelcast
Development Applications
1 90 (11.26%) Git (software)
2 47 (5.88%) JIRA
3 32 (4.01%) Subversion
3 32 (4.01%) Visual Studio
4 30 (3.75%) Bitbucket
4 30 (3.75%) Maven
5 23 (2.88%) Jenkins
5 23 (2.88%) TeamCity
6 22 (2.75%) Cucumber
7 16 (2.00%) Artifactory
8 15 (1.88%) JUnit
9 13 (1.63%) Atlassian Bamboo
9 13 (1.63%) jMock
10 10 (1.25%) FishEye
10 10 (1.25%) GCC
10 10 (1.25%) GDB
10 10 (1.25%) Hudson
10 10 (1.25%) Selenium
11 9 (1.13%) webpack
12 5 (0.63%) Gradle
General
1 799 (100.00%) Banking
2 342 (42.80%) Front Office
3 308 (38.55%) Finance
4 20 (2.50%) Back Office
5 17 (2.13%) Retail
6 15 (1.88%) Retail Banking
7 12 (1.50%) Legal
8 11 (1.38%) Corporate Banking
9 8 (1.00%) Financial Institution
9 8 (1.00%) French Language
10 6 (0.75%) Law
11 5 (0.63%) International Banking
11 5 (0.63%) Marketing
11 5 (0.63%) Private Banking
12 3 (0.38%) Aerospace
12 3 (0.38%) Prime Brokerage
12 3 (0.38%) Public Sector
13 2 (0.25%) Publishing
14 1 (0.13%) Advertising
14 1 (0.13%) Spanish Language
Job Titles
1 523 (65.46%) Developer
2 263 (32.92%) Java Developer
3 130 (16.27%) Senior Developer
4 99 (12.39%) Analyst
5 89 (11.14%) Front Office Developer
6 82 (10.26%) C# Developer
7 81 (10.14%) Senior Java Developer
8 77 (9.64%) Investment Banking Java Developer
9 66 (8.26%) Business Analyst
10 54 (6.76%) C++ Developer
11 47 (5.88%) Electronic Trading Developer
12 46 (5.76%) Electronic Trading Java Developer
13 41 (5.13%) SQL Developer
14 35 (4.38%) Investment Banking C++ Developer
15 34 (4.26%) C# Developer - Investment Banking
16 33 (4.13%) Quantitative Developer
17 30 (3.75%) JavaScript Developer
18 28 (3.50%) .NET Developer
19 26 (3.25%) Project Manager
20 25 (3.13%) Integration Developer
Libraries, Frameworks & Software Standards
1 114 (14.27%) .NET
2 96 (12.02%) Spring
3 74 (9.26%) Kafka
4 72 (9.01%) Web Services
5 65 (8.14%) AngularJS
5 65 (8.14%) REST
6 56 (7.01%) Middleware
7 51 (6.38%) HTML
8 47 (5.88%) React
9 45 (5.63%) HTML5
10 42 (5.26%) FIX Protocol
11 39 (4.88%) Apache Camel
12 34 (4.26%) Spring Integration
13 32 (4.01%) .NET Core
13 32 (4.01%) CSS
14 31 (3.88%) Hibernate
15 26 (3.25%) .NET Framework
16 24 (3.00%) Spring Boot
16 24 (3.00%) XML
17 23 (2.88%) Node.js
Miscellaneous
1 182 (22.78%) Foreign Exchange (FX)
2 131 (16.40%) Fixed Income
3 112 (14.02%) Derivative
4 76 (9.51%) Analytical Skills
5 68 (8.51%) Equities
6 43 (5.38%) Data Structures
7 35 (4.38%) Hedge funds
8 32 (4.01%) Greenfield Project
9 30 (3.75%) Credit Risk
10 22 (2.75%) Grid Computing
11 20 (2.50%) Market Risk
11 20 (2.50%) User Experience
11 20 (2.50%) Virtual Team
12 19 (2.38%) Algorithms
13 15 (1.88%) Blog
13 15 (1.88%) Credit Derivative
14 11 (1.38%) Self-Motivation
15 8 (1.00%) Reference Data
16 7 (0.88%) Management Information System
16 7 (0.88%) SWIFT
Operating Systems
1 99 (12.39%) Linux
2 65 (8.14%) Windows
3 57 (7.13%) Unix
4 5 (0.63%) Windows Server
5 3 (0.38%) Red Hat Enterprise Linux
5 3 (0.38%) Solaris
5 3 (0.38%) Windows XP
6 2 (0.25%) Apple iOS
6 2 (0.25%) Windows 10
6 2 (0.25%) Windows Server 2008
6 2 (0.25%) Windows Server 2012
6 2 (0.25%) Windows Server 2016
6 2 (0.25%) Windows Server 2019
Processes & Methodologies
1 263 (32.92%) Agile Software Development
2 144 (18.02%) Low Latency
3 140 (17.52%) Multithreading
4 123 (15.39%) Electronic Trading
5 102 (12.77%) TDD
6 98 (12.27%) Scrum
7 95 (11.89%) DevOps
8 74 (9.26%) Analytics
9 71 (8.89%) Test Automation
10 69 (8.64%) Risk Management
11 68 (8.51%) Problem-Solving
12 62 (7.76%) Microservices
13 59 (7.38%) BDD
13 59 (7.38%) Software Engineering
14 53 (6.63%) SDLC
15 52 (6.51%) Computer Science
16 50 (6.26%) Unit Testing
17 49 (6.13%) Mathematics
18 48 (6.01%) Algorithmic Trading
19 47 (5.88%) Performance Tuning
Programming Languages
1 379 (47.43%) Java
2 186 (23.28%) SQL
3 179 (22.40%) C#
4 132 (16.52%) Python
5 128 (16.02%) C++
6 83 (10.39%) JavaScript
7 80 (10.01%) Scala
8 28 (3.50%) PL/SQL
9 25 (3.13%) TypeScript
10 23 (2.88%) Java 8
11 16 (2.00%) C
12 14 (1.75%) Kotlin
12 14 (1.75%) T-SQL
13 11 (1.38%) VBA
14 9 (1.13%) Java 9
15 7 (0.88%) PowerShell
15 7 (0.88%) VB
16 5 (0.63%) Groovy
16 5 (0.63%) Haskell
17 4 (0.50%) Bash Shell
Qualifications
1 67 (8.39%) Degree
2 27 (3.38%) Numerate Degree
3 16 (2.00%) Computer Science Degree
4 8 (1.00%) PhD
5 4 (0.50%) Cisco Certification
5 4 (0.50%) SC Cleared
5 4 (0.50%) Security Cleared
6 3 (0.38%) CISSP
7 2 (0.25%) (ISC)2 CCSP
7 2 (0.25%) CCIE
7 2 (0.25%) CCIE Data Center
7 2 (0.25%) CCNP
7 2 (0.25%) CCSP
7 2 (0.25%) CISM
7 2 (0.25%) CREST Certified
7 2 (0.25%) GCFA
7 2 (0.25%) GCIA
7 2 (0.25%) GCIH
7 2 (0.25%) ISTQB
7 2 (0.25%) TOGAF Certification
Quality Assurance & Compliance
1 18 (2.25%) QA
2 9 (1.13%) COREP
2 9 (1.13%) Data Quality
3 7 (0.88%) MiFID
4 5 (0.63%) Dodd-Frank
4 5 (0.63%) ISO 20022
4 5 (0.63%) NIST
4 5 (0.63%) PMO
5 3 (0.38%) Basel III
5 3 (0.38%) EMIR
5 3 (0.38%) GDPR
5 3 (0.38%) PSD2
5 3 (0.38%) TARGET2
6 2 (0.25%) COBIT
6 2 (0.25%) ISO/IEC 27001
6 2 (0.25%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
6 2 (0.25%) Sarbanes-Oxley
7 1 (0.13%) CRD IV
7 1 (0.13%) ISO/IEC 20000
7 1 (0.13%) NIST 800
System Software
1 41 (5.13%) Docker
2 8 (1.00%) GridGain
3 6 (0.75%) Active Directory
3 6 (0.75%) HDFS
3 6 (0.75%) Platform Symphony
4 3 (0.38%) Apache Flume
5 2 (0.25%) VMware ESXi
5 2 (0.25%) VMware Infrastructure
6 1 (0.13%) Microsoft App-V
6 1 (0.13%) XenApp
6 1 (0.13%) XenDesktop
Systems Management
1 37 (4.63%) Kubernetes
2 28 (3.50%) Ansible
3 14 (1.75%) ITRS Geneos
4 8 (1.00%) Terraform
5 7 (0.88%) Puppet
6 5 (0.63%) BladeLogic
7 3 (0.38%) Control-M
8 2 (0.25%) CSIRT
8 2 (0.25%) SCCM
9 1 (0.13%) Docker Swarm
9 1 (0.13%) Kibana
9 1 (0.13%) Mesos
9 1 (0.13%) Rancher
9 1 (0.13%) Single Sign-On
Vendors
1 88 (11.01%) Oracle
2 30 (3.75%) Atlassian
3 26 (3.25%) ION Trading
4 20 (2.50%) TIBCO
5 18 (2.25%) Sybase
6 17 (2.13%) Microsoft
6 17 (2.13%) Murex
7 13 (1.63%) IBM
7 13 (1.63%) Splunk
8 11 (1.38%) DevExpress
9 10 (1.25%) Citrix
10 9 (1.13%) Cisco
11 8 (1.00%) Google
12 6 (0.75%) MapR
12 6 (0.75%) Solace
12 6 (0.75%) Sun
12 6 (0.75%) Telerik
13 5 (0.63%) Bloomberg
13 5 (0.63%) SAP
13 5 (0.63%) SunGard