Period
to 21 July 2018

The table below looks at the prevalence of the term Investment Banking in contract job vacancies. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Investment Banking over the 6 months to 21 July 2018 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
UK
6 months to
21 Jul 2018
Same period 2017 Same period 2016
Rank 171 97 141
Rank change year-on-year -74 +44 -62
Contract jobs citing Investment Banking 1,674 2,463 1,968
As % of all contract IT jobs advertised in the UK 1.61% 2.57% 1.79%
As % of the General category 4.32% 6.51% 4.78%
Number of daily rates quoted 1,253 1,937 1,552
UK median daily rate £600 £575 £550
Median daily rate % change year-on-year +4.35% +4.55% -
10th Percentile £386 £406 £363
90th Percentile £738 £700 £725
UK excluding London median daily rate £400 £425 £425
% change year-on-year -5.88% - +6.25%
Number of hourly rates quoted 4 13 3
UK median hourly rate £15.75 £19.50 £18.70
Median hourly rate % change year-on-year -19.23% +4.28% -41.56%
10th Percentile £14.65 £13.50 £14.14
90th Percentile £85.68 £79.00 £83.74
UK excluding London median hourly rate £63.25 £19.50 -
% change year-on-year +224.36% - -

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 with a requirement for common skills.

All General Skills
UK
Contract vacancies with a requirement for common skills 38,708 37,850 41,143
As % of all contract IT jobs advertised in the UK 37.16% 39.45% 37.38%
Number of daily rates quoted 25,217 24,780 27,139
UK median daily rate £475 £450 £450
Median daily rate % change year-on-year +5.56% - +5.88%
10th Percentile £300 £278 £263
90th Percentile £675 £650 £638
UK excluding London median daily rate £425 £410 £400
% change year-on-year +3.66% +2.50% -
Number of hourly rates quoted 903 894 969
UK median hourly rate £25.00 £25.00 £25.00
10th Percentile £12.35 £11.33 £11.25
90th Percentile £50.00 £50.00 £49.19
UK excluding London median hourly rate £25.00 £25.06 £27.50
% change year-on-year -0.24% -8.87% +10.00%

Investment Banking
Job Vacancy Trend

Job postings citing Investment Banking as a percentage of all IT jobs advertised.

Job vacancy trend for Investment Banking in the UK

Investment Banking
Contractor Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Investment Banking.

Contractor daily rate trend for Investment Banking in the UK

Investment Banking
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing Investment Banking over the 6 months to 21 July 2018.

Contractor daily rate histogram for Investment Banking in the UK

Investment Banking
Contractor Hourly Rate Trend

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Investment Banking.

Contractor hourly rate trend for Investment Banking in the UK

Investment Banking
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Investment Banking over the 6 months to 21 July 2018.

Contractor hourly rate histogram for Investment Banking in the UK

Investment Banking
Top 15 Contract Locations

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 UK over the 6 months to 21 July 2018. 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
England -74 1,597 £600 +4.35% 180
London -42 1,503 £600 +4.35% 167
UK excluding London -56 164 £400 -5.88% 20
North of England +6 55 £425 +6.25% 11
Scotland -19 44 £425 -5.56% 3
North West +4 32 £325 -21.21% 11
Northern Ireland -13 27 £388 -6.06% 3
Yorkshire -8 23 £475 +35.71%
Midlands -16 13 £281 -33.82% 1
South West -4 11 £210 -50.59%
South East -33 9 £419 -11.84% 1
West Midlands -29 8 £275 -45.00%
East Midlands 0 5 £500 +19.40% 1
Wales -9 3 £575 +39.39% 1
East of England - 3 £320 -

For the 6 months to 21 July 2018, 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 with a requirement for Investment Banking.

1 1,674 (100.00%) Banking
2 849 (50.72%) Finance
3 569 (33.99%) Agile Software Development
4 517 (30.88%) Java
5 415 (24.79%) SQL
6 392 (23.42%) Front Office
7 283 (16.91%) C#
8 248 (14.81%) JavaScript
9 241 (14.40%) .NET
10 235 (14.04%) Unix
11 217 (12.96%) Foreign Exchange (FX)
12 197 (11.77%) Multithreading
13 191 (11.41%) SQL Server
13 191 (11.41%) Fixed Income
14 190 (11.35%) Spring
15 187 (11.17%) Linux
15 187 (11.17%) Python
16 180 (10.75%) TDD
17 168 (10.04%) Derivative
18 165 (9.86%) Oracle
19 164 (9.80%) Electronic Trading
20 160 (9.56%) SDLC
21 153 (9.14%) Relational Database
22 146 (8.72%) AngularJS
23 145 (8.66%) Analytical Skills
24 142 (8.48%) Problem-Solving
25 141 (8.42%) HTML
26 131 (7.83%) Low Latency
27 125 (7.47%) Microsoft
28 122 (7.29%) Windows

Investment Banking
Co-occurring IT Skills 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 (2.93%) Apache
2 47 (2.81%) Apache Spark
3 37 (2.21%) Confluence
4 33 (1.97%) SharePoint
5 29 (1.73%) Mule
6 22 (1.31%) Tomcat
7 19 (1.14%) Elasticsearch
8 14 (0.84%) JBoss
9 12 (0.72%) SAS
10 11 (0.66%) MS Exchange
11 10 (0.60%) CMS
12 9 (0.54%) WebSphere
12 9 (0.54%) WordPress
13 8 (0.48%) Apache Pig
13 8 (0.48%) IIS
14 7 (0.42%) Cloud Foundry
15 6 (0.36%) Adobe Experience Manager
15 6 (0.36%) Blackberry Enterprise Server
15 6 (0.36%) Exchange Server 2010
16 5 (0.30%) Skype for Business
Applications
1 75 (4.48%) Microsoft Excel
2 44 (2.63%) Microsoft PowerPoint
3 38 (2.27%) Microsoft Office
4 21 (1.25%) MS Visio
5 15 (0.90%) Spreadsheet
6 11 (0.66%) Microsoft Project
7 4 (0.24%) Photoshop
8 3 (0.18%) Adobe Illustrator
8 3 (0.18%) InDesign
9 2 (0.12%) Adobe Creative Suite
10 1 (0.060%) InVision
10 1 (0.060%) UXPin
Business Applications
1 32 (1.91%) ION MarketView
2 9 (0.54%) Oracle Financials
3 7 (0.42%) Actimize
3 7 (0.42%) Markit EDM
4 6 (0.36%) Global One
5 5 (0.30%) RMDS
5 5 (0.30%) Salesforce.com CRM
5 5 (0.30%) thinkFolio
6 4 (0.24%) Bloomberg TOMS
6 4 (0.24%) Orchestrade
7 3 (0.18%) Dynamics CRM
7 3 (0.18%) LatentZero
7 3 (0.18%) Summit
8 2 (0.12%) CA PPM
8 2 (0.12%) IntelliMatch
8 2 (0.12%) Loan IQ
8 2 (0.12%) Oracle EBS
8 2 (0.12%) Oracle Procure-to-Pay
8 2 (0.12%) PolarLake
8 2 (0.12%) Sonata
Cloud Services
1 36 (2.15%) Amazon AWS
2 24 (1.43%) Microsoft Azure
3 18 (1.08%) Office 365
4 14 (0.84%) GitHub
4 14 (0.84%) npm
5 8 (0.48%) Cloud Computing
6 6 (0.36%) IaaS
6 6 (0.36%) OpenDNS
7 5 (0.30%) Amazon EC2
7 5 (0.30%) OpenShift
8 4 (0.24%) Amazon S3
8 4 (0.24%) AWS Fargate
8 4 (0.24%) Google Cloud Platform
9 3 (0.18%) Adobe Creative Cloud
10 2 (0.12%) Amazon CloudWatch
10 2 (0.12%) AWS CloudTrail
10 2 (0.12%) Dynamics 365
11 1 (0.060%) Azure Active Directory
11 1 (0.060%) IBM Blueworks
11 1 (0.060%) OneDrive
Communications & Networking
1 26 (1.55%) TCP/IP
2 24 (1.43%) Firewall
3 17 (1.02%) HTTP
4 15 (0.90%) SAN
5 14 (0.84%) DNS
6 13 (0.78%) LAN
7 12 (0.72%) RTMP
8 10 (0.60%) WAN
9 9 (0.54%) AMQP
10 8 (0.48%) Internet
10 8 (0.48%) Network Security
11 7 (0.42%) DHCP
11 7 (0.42%) Intranet
11 7 (0.42%) Multicast
11 7 (0.42%) OSPF
12 6 (0.36%) Cisco IOS
12 6 (0.36%) Kerberos
12 6 (0.36%) Wireless
13 5 (0.30%) Cisco IPT
13 5 (0.30%) Extranet
Database & Business Intelligence
1 191 (11.41%) SQL Server
2 153 (9.14%) Relational Database
3 70 (4.18%) Big Data
4 60 (3.58%) Blockchain
4 60 (3.58%) NoSQL
5 57 (3.41%) MongoDB
6 55 (3.29%) Data Warehouse
6 55 (3.29%) Hadoop
7 39 (2.33%) RDBMS
8 29 (1.73%) DB2
9 28 (1.67%) Apache Hive
10 27 (1.61%) Data Mining
10 27 (1.61%) Oracle Database
11 26 (1.55%) SQL Server Integration Services
12 25 (1.49%) HBase
13 22 (1.31%) SQL Server 2008
13 22 (1.31%) SQL Server Analysis Services
14 21 (1.25%) PostgreSQL
15 20 (1.19%) SQL Server Reporting Services
16 16 (0.96%) MySQL
Development Applications
1 108 (6.45%) JIRA
2 94 (5.62%) Git (software)
3 71 (4.24%) Jenkins
3 71 (4.24%) Maven
4 42 (2.51%) Subversion
5 41 (2.45%) JUnit
6 35 (2.09%) TeamCity
7 28 (1.67%) Sonatype Nexus
8 27 (1.61%) Cucumber
8 27 (1.61%) Gradle
8 27 (1.61%) Visual Studio
9 26 (1.55%) Selenium
10 25 (1.49%) Atlassian Bamboo
11 21 (1.25%) Hudson
12 19 (1.14%) Mockito
13 16 (0.96%) webpack
14 15 (0.90%) Ant
14 15 (0.90%) Team Foundation Server
15 14 (0.84%) gulp
16 13 (0.78%) jMock
General
1 1,674 (100.00%) Banking
2 849 (50.72%) Finance
3 392 (23.42%) Front Office
4 58 (3.46%) Financial Institution
5 56 (3.35%) Back Office
6 41 (2.45%) Legal
7 40 (2.39%) Law
8 20 (1.19%) Retail Banking
9 18 (1.08%) Advertising
10 17 (1.02%) Retail
11 15 (0.90%) General Ledger
12 12 (0.72%) Corporate Banking
12 12 (0.72%) Marketing
13 11 (0.66%) Private Banking
14 7 (0.42%) Games
15 2 (0.12%) Billing
15 2 (0.12%) Electronics
15 2 (0.12%) German Language
15 2 (0.12%) Publishing
15 2 (0.12%) Telecoms
Job Titles
1 836 (49.94%) Developer
2 316 (18.88%) Java Developer
3 290 (17.32%) Analyst
4 190 (11.35%) C# Developer
5 153 (9.14%) Business Analyst
6 142 (8.48%) Senior Developer
7 108 (6.45%) Banking Analyst
7 108 (6.45%) Project Manager
8 89 (5.32%) .NET Developer
8 89 (5.32%) Investment Banking Java Developer
9 86 (5.14%) Front Office Developer
10 71 (4.24%) C# .NET Developer
11 64 (3.82%) JavaScript Developer
11 64 (3.82%) Senior Java Developer
12 54 (3.23%) Angular Developer
13 53 (3.17%) SQL Developer
14 51 (3.05%) Architect
14 51 (3.05%) Full Stack Developer
15 49 (2.93%) Investment Banking Business Analyst
16 45 (2.69%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 241 (14.40%) .NET
2 190 (11.35%) Spring
3 146 (8.72%) AngularJS
4 141 (8.42%) HTML
5 99 (5.91%) CSS
6 93 (5.56%) HTML5
6 93 (5.56%) XML
7 89 (5.32%) React
8 85 (5.08%) Node.js
9 79 (4.72%) REST
10 76 (4.54%) Hibernate
11 74 (4.42%) Web Services
12 68 (4.06%) Middleware
13 66 (3.94%) ASP.NET
14 61 (3.64%) WPF
15 56 (3.35%) RESTful
16 49 (2.93%) J2EE
16 49 (2.93%) JMS
17 44 (2.63%) jQuery
17 44 (2.63%) WCF
Miscellaneous
1 217 (12.96%) Foreign Exchange (FX)
2 191 (11.41%) Fixed Income
3 168 (10.04%) Derivative
4 145 (8.66%) Analytical Skills
5 108 (6.45%) Equities
6 78 (4.66%) Computer Science
7 62 (3.70%) Greenfield Project
8 61 (3.64%) User Experience
9 48 (2.87%) Market Risk
10 39 (2.33%) Equity Derivative
10 39 (2.33%) Hedge funds
11 38 (2.27%) Credit Risk
12 37 (2.21%) Algorithms
13 34 (2.03%) Fintech
14 31 (1.85%) Self-Motivation
15 26 (1.55%) Virtual Team
16 25 (1.49%) Enterprise Software
16 25 (1.49%) Grid Computing
16 25 (1.49%) OTC Derivatives
17 23 (1.37%) Data Centre
Operating Systems
1 235 (14.04%) Unix
2 187 (11.17%) Linux
3 122 (7.29%) Windows
4 22 (1.31%) Apple iOS
5 20 (1.19%) Red Hat Enterprise Linux
6 19 (1.14%) Solaris
6 19 (1.14%) Windows Server
7 15 (0.90%) Windows 7
8 12 (0.72%) Windows 10
9 6 (0.36%) Android
9 6 (0.36%) Mac OS
9 6 (0.36%) Windows Server 2008
10 5 (0.30%) Windows Server 2012
11 4 (0.24%) CentOS
11 4 (0.24%) Windows 8
12 3 (0.18%) AIX
12 3 (0.18%) Ubuntu
12 3 (0.18%) Windows Vista
13 2 (0.12%) NetWare
13 2 (0.12%) VMS
Processes & Methodologies
1 569 (33.99%) Agile Software Development
2 197 (11.77%) Multithreading
3 180 (10.75%) TDD
4 164 (9.80%) Electronic Trading
5 160 (9.56%) SDLC
6 142 (8.48%) Problem-Solving
7 131 (7.83%) Low Latency
8 122 (7.29%) Scrum
9 119 (7.11%) Risk Management
10 111 (6.63%) Project Management
11 109 (6.51%) Migration
11 109 (6.51%) Stakeholder Management
12 106 (6.33%) OO
13 100 (5.97%) Investment Management
14 97 (5.79%) Change Management
15 92 (5.50%) Continuous Integration
16 90 (5.38%) Test Automation
17 89 (5.32%) Business Analysis
17 89 (5.32%) DevOps
18 85 (5.08%) Web Development
Programming Languages
1 517 (30.88%) Java
2 415 (24.79%) SQL
3 283 (16.91%) C#
4 248 (14.81%) JavaScript
5 187 (11.17%) Python
6 107 (6.39%) Java 8
7 103 (6.15%) C++
8 55 (3.29%) Scala
9 35 (2.09%) TypeScript
10 33 (1.97%) Shell Script
11 31 (1.85%) Perl
12 30 (1.79%) PHP
12 30 (1.79%) PL/SQL
13 29 (1.73%) Bash Shell
14 27 (1.61%) VBA
15 23 (1.37%) PowerShell
16 20 (1.19%) C
16 20 (1.19%) ES6
17 18 (1.08%) Ruby
17 18 (1.08%) T-SQL
Qualifications
1 118 (7.05%) Degree
2 25 (1.49%) Computer Science Degree
3 18 (1.08%) ISTQB
4 16 (0.96%) Cisco Certification
4 16 (0.96%) PMP
5 15 (0.90%) PhD
6 14 (0.84%) ITIL Certification
6 14 (0.84%) PMI Certification
7 10 (0.60%) CCNP
7 10 (0.60%) ISEB
7 10 (0.60%) PRINCE2 Certification
8 9 (0.54%) CCNA
9 8 (0.48%) CISSP
9 8 (0.48%) Master's Degree
9 8 (0.48%) Numerate Degree
10 6 (0.36%) ITIL Foundation Certificate
10 6 (0.36%) Microsoft Certification
11 5 (0.30%) CCIE
11 5 (0.30%) MOS
12 4 (0.24%) Security Cleared
Quality Assurance & Compliance
1 79 (4.72%) QA
2 71 (4.24%) MiFID
3 26 (1.55%) EMIR
4 18 (1.08%) Dodd-Frank
5 17 (1.02%) PMO
6 12 (0.72%) Data Quality
7 9 (0.54%) SLA
8 8 (0.48%) GDPR
9 5 (0.30%) SEPA
10 3 (0.18%) COBIT
10 3 (0.18%) COREP
10 3 (0.18%) COSO
10 3 (0.18%) FINREP
10 3 (0.18%) Sarbanes-Oxley
11 2 (0.12%) ISO 20022
11 2 (0.12%) ISO/IEC 27001
11 2 (0.12%) ISO/IEC 27005
11 2 (0.12%) NIST 800
12 1 (0.060%) Cyber Essentials
12 1 (0.060%) ISO 22301
System Software
1 46 (2.75%) Docker
2 26 (1.55%) Active Directory
3 18 (1.08%) VMware Infrastructure
4 17 (1.02%) HDFS
5 7 (0.42%) XenApp
6 6 (0.36%) Veritas Cluster Server
6 6 (0.36%) Virtual Desktop
7 5 (0.30%) Apache ZooKeeper
7 5 (0.30%) Virtual Servers
8 4 (0.24%) Microsoft App-V
8 4 (0.24%) Platform Symphony
8 4 (0.24%) ProxySG
8 4 (0.24%) vSphere
9 3 (0.18%) QEMU
9 3 (0.18%) Virtual Machines
9 3 (0.18%) XenDesktop
10 2 (0.12%) OpenAM
10 2 (0.12%) VMware ESXi
10 2 (0.12%) VMware NSX
10 2 (0.12%) XenServer
Systems Management
1 26 (1.55%) Ansible
2 15 (0.90%) Hadoop YARN
3 14 (0.84%) Puppet
4 13 (0.78%) Kubernetes
5 11 (0.66%) Oozie
6 10 (0.60%) SCCM
7 9 (0.54%) HP Quality Center
8 8 (0.48%) Opscode Chef
9 7 (0.42%) Single Sign-On
10 4 (0.24%) CASB
10 4 (0.24%) Docker Swarm
10 4 (0.24%) Microsoft Clustering
11 3 (0.18%) Control-M
11 3 (0.18%) vCenter Server
12 2 (0.12%) CA Single Sign-On
12 2 (0.12%) PowerCLI
12 2 (0.12%) Tivoli
13 1 (0.060%) Consul
13 1 (0.060%) Oracle Flashback
13 1 (0.060%) WebSphere Service Registry and Repository
Vendors
1 165 (9.86%) Oracle
2 125 (7.47%) Microsoft
3 36 (2.15%) Bloomberg
4 34 (2.03%) Sybase
5 28 (1.67%) ION Trading
5 28 (1.67%) MapR
5 28 (1.67%) TIBCO
6 27 (1.61%) Murex
7 26 (1.55%) Atlassian
8 23 (1.37%) Cisco
8 23 (1.37%) IBM
9 22 (1.31%) Red Hat
10 20 (1.19%) Citrix
10 20 (1.19%) VMware
11 18 (1.08%) Tableau
12 16 (0.96%) Reuters
13 15 (0.90%) Charles River
13 15 (0.90%) Sun
14 14 (0.84%) Informatica
15 13 (0.78%) ServiceNow