Period
to 17 October 2017

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 17 October 2017 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
17 Oct 2017
Same period 2016 Same period 2015
Rank 84 165 73
Rank change year-on-year +81 -92 -8
Contract jobs citing Investment Banking 2804 1734 3063
As % of all contract IT jobs advertised in the UK 2.82% 1.63% 2.71%
As % of the General category 7.14% 4.51% 6.78%
Number of daily rates quoted 2181 1366 2302
UK median daily rate £563 £550 £550
Median daily rate % change year-on-year +2.27% - +2.33%
10th Percentile £406 £388 £363
90th Percentile £713 £725 £688
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% -
Number of hourly rates quoted 7 2 5
UK median hourly rate £15.00 £15.85 £32.00
Median hourly rate % change year-on-year -5.36% -50.47% +58.02%
10th Percentile £13.70 £13.57 £17.45
90th Percentile £20.75 £18.13 £76.00
UK excluding London median hourly rate £15.75 - £18.25

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 39246 38415 45163
As % of all contract IT jobs advertised in the UK 39.54% 36.02% 39.90%
Number of daily rates quoted 25970 25577 28851
UK median daily rate £463 £450 £425
Median daily rate % change year-on-year +2.78% +5.88% -
10th Percentile £280 £263 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% - +6.67%
Number of hourly rates quoted 877 964 1200
UK median hourly rate £26.50 £24.41 £23.75
Median hourly rate % change year-on-year +8.56% +2.78% +7.95%
10th Percentile £12.00 £11.00 £11.25
90th Percentile £48.45 £47.18 £48.75
UK excluding London median hourly rate £28.65 £25.00 £26.00
% change year-on-year +14.60% -3.85% +8.33%

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 17 October 2017.

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
Top 14 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 17 October 2017. 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 +79 2655 £575 +4.55% 169
London +27 2530 £575 +4.55% 155
UK excluding London +164 270 £425 - 24
Northern Ireland +6 111 £413 +60.19% 2
North of England +108 52 £438 +4.48% 5
Scotland -1 35 £438 +16.67% 8
Yorkshire +55 33 £450 +28.57% 1
South East +8 27 £475 +7.04% 5
South West +24 24 £425 -6.85% 1
Midlands +52 22 £426 +0.29% 1
North West +26 18 £400 -8.57% 4
West Midlands +45 16 £488 +14.71%
East Midlands +2 6 £413 - 1
North East - 1 £225 -

For the 6 months to 17 October 2017, IT contractor jobs citing Investment Banking also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Investment Banking.

1 2804 (100.00%) Banking
2 1402 (50.00%) Finance
3 925 (32.99%) Agile Software Development
4 879 (31.35%) Java
5 718 (25.61%) Front Office
6 658 (23.47%) SQL
7 397 (14.16%) Foreign Exchange (FX)
8 383 (13.66%) C#
9 355 (12.66%) Fixed Income
10 346 (12.34%) Linux
11 335 (11.95%) Python
12 322 (11.48%) JavaScript
13 321 (11.45%) Derivative
14 317 (11.31%) Multithreading
15 309 (11.02%) Test Automation
16 290 (10.34%) Unix
17 284 (10.13%) TDD
18 261 (9.31%) C++
19 257 (9.17%) Analytical Skills
20 254 (9.06%) .NET
20 254 (9.06%) SQL Server
21 253 (9.02%) AngularJS
22 251 (8.95%) Electronic Trading
23 250 (8.92%) Project Management
24 247 (8.81%) HTML
25 245 (8.74%) SDLC
26 243 (8.67%) Equities
27 227 (8.10%) Low Latency
28 219 (7.81%) OO
29 218 (7.77%) Stakeholder Management

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
1 103 (3.67%) Apache Spark
2 38 (1.36%) Apache
3 33 (1.18%) Confluence
4 32 (1.14%) Elasticsearch
5 25 (0.89%) SharePoint
6 24 (0.86%) Tomcat
7 18 (0.64%) MQSeries
8 17 (0.61%) Oracle Coherence
9 16 (0.57%) Apache Solr
9 16 (0.57%) Mule
10 10 (0.36%) Apache Pig
10 10 (0.36%) JBoss
10 10 (0.36%) SAS
10 10 (0.36%) WebSphere
11 9 (0.32%) MS Exchange
12 7 (0.25%) IIS
12 7 (0.25%) nginx
13 5 (0.18%) CMS
13 5 (0.18%) Exchange Server 2007
13 5 (0.18%) Umbraco
Applications
1 131 (4.67%) Microsoft Excel
2 73 (2.60%) Microsoft Office
3 44 (1.57%) Microsoft PowerPoint
4 31 (1.11%) MS Visio
5 28 (1.00%) Microsoft Project
6 12 (0.43%) Spreadsheet
7 1 (0.036%) Open Workbench
7 1 (0.036%) SPSS
Business Applications
1 29 (1.03%) ION MarketView
2 25 (0.89%) Salesforce.com CRM
3 11 (0.39%) RMDS
3 11 (0.39%) Summit
4 8 (0.29%) Dynamics CRM
5 7 (0.25%) Markit EDM
6 6 (0.21%) Actimize
7 5 (0.18%) CA PPM
7 5 (0.18%) IntelliMatch
7 5 (0.18%) Temenos T24
8 4 (0.14%) Oracle Subledger Accounting
8 4 (0.14%) thinkFolio
9 3 (0.11%) Bloomberg TOMS
9 3 (0.11%) Dynamics AX
9 3 (0.11%) SunGard GMI
10 2 (0.071%) Kondor
10 2 (0.071%) Oracle EBS
10 2 (0.071%) Salerio
10 2 (0.071%) Sentinel
10 2 (0.071%) SimCorp Dimension
Cloud Services
1 54 (1.93%) Amazon AWS
2 33 (1.18%) Microsoft Azure
3 10 (0.36%) GitHub
4 9 (0.32%) npm
5 8 (0.29%) Office 365
6 7 (0.25%) Google Cloud Platform
6 7 (0.25%) OpenShift
7 6 (0.21%) PaaS
8 5 (0.18%) Cloud Computing
8 5 (0.18%) Serverless
9 4 (0.14%) Adobe Analytics
9 4 (0.14%) IaaS
9 4 (0.14%) OpenDNS
10 3 (0.11%) Azure Active Directory
10 3 (0.11%) Cortana Intelligence Suite
11 2 (0.071%) Amazon EC2
11 2 (0.071%) SaaS
12 1 (0.036%) Amazon ELB
12 1 (0.036%) Amazon S3
12 1 (0.036%) Force.com
Communications & Networking
1 27 (0.96%) TCP/IP
2 20 (0.71%) SAN
3 18 (0.64%) NAS
4 17 (0.61%) DNS
4 17 (0.61%) Firewall
5 16 (0.57%) LAN
5 16 (0.57%) WAN
6 14 (0.50%) Internet
7 12 (0.43%) FIX Connectivity
8 11 (0.39%) SSL
9 10 (0.36%) Network Security
10 9 (0.32%) HTTP
11 8 (0.29%) DHCP
11 8 (0.29%) LDAP
12 7 (0.25%) Kerberos
13 5 (0.18%) BIG-IP
13 5 (0.18%) Cisco IOS
13 5 (0.18%) Wi-Fi
14 4 (0.14%) BGP
14 4 (0.14%) Intranet
Database & Business Intelligence
1 254 (9.06%) SQL Server
2 140 (4.99%) Big Data
3 126 (4.49%) Relational Database
4 122 (4.35%) Hadoop
5 102 (3.64%) NoSQL
6 89 (3.17%) MongoDB
7 52 (1.85%) SQL Server Integration Services
8 50 (1.78%) Data Warehouse
9 49 (1.75%) SQL Server 2008
10 47 (1.68%) SQL Server Reporting Services
11 38 (1.36%) RDBMS
12 33 (1.18%) Oracle Database
13 30 (1.07%) DB2
14 29 (1.03%) KDB
15 25 (0.89%) SQL Server 2016
16 21 (0.75%) Data Mining
16 21 (0.75%) QlikView
17 19 (0.68%) HBase
18 18 (0.64%) Redis
18 18 (0.64%) SQL Server 2012
Development Applications
1 148 (5.28%) JIRA
2 124 (4.42%) Git (software)
3 82 (2.92%) TeamCity
4 72 (2.57%) Maven
5 61 (2.18%) Jenkins
6 58 (2.07%) Subversion
7 47 (1.68%) Selenium
8 46 (1.64%) JUnit
9 35 (1.25%) Cucumber
10 28 (1.00%) Visual Studio
11 27 (0.96%) NUnit
12 25 (0.89%) Gradle
13 22 (0.78%) Mockito
13 22 (0.78%) WebDriver
14 20 (0.71%) Atlassian Bamboo
15 14 (0.50%) Sonatype Nexus
16 13 (0.46%) Eclipse
16 13 (0.46%) JBehave
17 11 (0.39%) Bitbucket
17 11 (0.39%) Team Foundation Server
General
1 2804 (100.00%) Banking
2 1402 (50.00%) Finance
3 718 (25.61%) Front Office
4 98 (3.50%) Financial Institution
5 90 (3.21%) Back Office
6 78 (2.78%) Retail
7 53 (1.89%) Legal
7 53 (1.89%) Retail Banking
8 32 (1.14%) Private Banking
9 17 (0.61%) Corporate Banking
9 17 (0.61%) Prime Brokerage
10 12 (0.43%) Billing
10 12 (0.43%) French Language
10 12 (0.43%) General Ledger
11 8 (0.29%) Advertising
11 8 (0.29%) Law
12 7 (0.25%) Marketing
12 7 (0.25%) Telecoms
13 5 (0.18%) Pharmaceutical
14 4 (0.14%) German Language
Job Titles
1 1353 (48.25%) Developer
2 612 (21.83%) Analyst
3 570 (20.33%) Java Developer
4 371 (13.23%) Business Analyst
5 268 (9.56%) Senior Developer
6 221 (7.88%) Project Manager
7 220 (7.85%) C# Developer
8 173 (6.17%) Banking Analyst
9 158 (5.63%) Senior Java Developer
10 150 (5.35%) Investment Banking Java Developer
11 146 (5.21%) C++ Developer
12 140 (4.99%) Agile Developer
13 131 (4.67%) JavaScript Developer
14 125 (4.46%) Agile Java Developer
15 100 (3.57%) .NET Developer
15 100 (3.57%) Front Office Developer
16 97 (3.46%) Architect
16 97 (3.46%) Python Developer
17 96 (3.42%) Investment Banking Business Analyst
18 86 (3.07%) Angular Developer
Libraries, Frameworks & Software Standards
1 254 (9.06%) .NET
2 253 (9.02%) AngularJS
3 247 (8.81%) HTML
4 215 (7.67%) HTML5
5 153 (5.46%) Spring
6 119 (4.24%) CSS
7 114 (4.07%) React
8 98 (3.50%) XML
9 96 (3.42%) Node.js
10 94 (3.35%) FIX Protocol
11 93 (3.32%) WPF
12 80 (2.85%) REST
13 79 (2.82%) Middleware
14 78 (2.78%) Hibernate
15 61 (2.18%) RESTful
16 57 (2.03%) J2SE
17 56 (2.00%) WCF
18 51 (1.82%) Web Services
19 50 (1.78%) ASP.NET
20 49 (1.75%) .NET Framework
Miscellaneous
1 397 (14.16%) Foreign Exchange (FX)
2 355 (12.66%) Fixed Income
3 321 (11.45%) Derivative
4 257 (9.17%) Analytical Skills
5 243 (8.67%) Equities
6 151 (5.39%) Greenfield Project
6 151 (5.39%) Market Risk
7 120 (4.28%) Virtual Team
8 116 (4.14%) Credit Risk
9 109 (3.89%) Data Structures
10 87 (3.10%) Equity Derivative
11 76 (2.71%) Computer Science
11 76 (2.71%) Hedge funds
12 67 (2.39%) Management Information System
13 53 (1.89%) OTC Derivatives
14 49 (1.75%) Fintech
15 46 (1.64%) User Experience
16 43 (1.53%) Algorithms
17 39 (1.39%) Reference Data
18 33 (1.18%) N-Tier
Operating Systems
1 346 (12.34%) Linux
2 290 (10.34%) Unix
3 191 (6.81%) Windows
4 55 (1.96%) Solaris
5 49 (1.75%) Red Hat Enterprise Linux
6 32 (1.14%) Windows Server
7 19 (0.68%) AIX
8 16 (0.57%) Apple iOS
9 15 (0.53%) Windows 7
9 15 (0.53%) Windows Server 2012
10 14 (0.50%) Android
11 11 (0.39%) Windows Server 2008
12 9 (0.32%) SUSE
13 8 (0.29%) Windows 10
14 6 (0.21%) Windows 8
15 4 (0.14%) SUSE Linux Enterprise Server
16 3 (0.11%) CoreOS
16 3 (0.11%) Debian
16 3 (0.11%) Ubuntu
17 2 (0.071%) Mac OS
Processes & Methodologies
1 925 (32.99%) Agile Software Development
2 317 (11.31%) Multithreading
3 309 (11.02%) Test Automation
4 284 (10.13%) TDD
5 251 (8.95%) Electronic Trading
6 250 (8.92%) Project Management
7 245 (8.74%) SDLC
8 227 (8.10%) Low Latency
9 219 (7.81%) OO
10 218 (7.77%) Stakeholder Management
11 215 (7.67%) Risk Management
12 198 (7.06%) Business Analysis
13 169 (6.03%) Scrum
14 166 (5.92%) Investment Management
15 154 (5.49%) DevOps
16 139 (4.96%) Migration
17 138 (4.92%) User Acceptance Testing
18 129 (4.60%) Continuous Integration
19 128 (4.56%) Analytics
20 124 (4.42%) Asset Management
Programming Languages
1 879 (31.35%) Java
2 658 (23.47%) SQL
3 383 (13.66%) C#
4 335 (11.95%) Python
5 322 (11.48%) JavaScript
6 261 (9.31%) C++
7 114 (4.07%) Scala
8 98 (3.50%) Perl
9 81 (2.89%) VBA
10 62 (2.21%) TypeScript
11 55 (1.96%) PowerShell
12 49 (1.75%) Shell Script
13 45 (1.60%) C
14 41 (1.46%) T-SQL
15 40 (1.43%) Bash Shell
16 31 (1.11%) Korn
16 31 (1.11%) R
17 27 (0.96%) PL/SQL
17 27 (0.96%) Ruby
18 26 (0.93%) ES6
Qualifications
1 156 (5.56%) Degree
2 39 (1.39%) Computer Science Degree
3 33 (1.18%) PhD
4 25 (0.89%) PMP
5 21 (0.75%) PMI Certification
6 17 (0.61%) Security Cleared
7 16 (0.57%) Microsoft Certification
7 16 (0.57%) SC Cleared
8 15 (0.53%) Cisco Certification
9 14 (0.50%) CCNP
9 14 (0.50%) Numerate Degree
10 13 (0.46%) Master's Degree
10 13 (0.46%) MCSE
11 12 (0.43%) PRINCE2 Certification
12 11 (0.39%) ITIL Certification
13 10 (0.36%) MCITP
14 9 (0.32%) CCNA
14 9 (0.32%) ISEB
14 9 (0.32%) VMware Certified Professional (VCP)
15 7 (0.25%) CISSP
Quality Assurance & Compliance
1 208 (7.42%) MiFID
2 116 (4.14%) QA
3 58 (2.07%) EMIR
4 43 (1.53%) PMO
5 29 (1.03%) Dodd-Frank
5 29 (1.03%) GDPR
6 24 (0.86%) SLA
7 22 (0.78%) Data Quality
8 12 (0.43%) FATCA
9 10 (0.36%) IFRS
10 9 (0.32%) IFRS 9
11 8 (0.29%) Basel III
11 8 (0.29%) FINREP
12 7 (0.25%) COREP
12 7 (0.25%) SEPA
13 6 (0.21%) Sarbanes-Oxley
14 5 (0.18%) ISO 20022
14 5 (0.18%) ISO/IEC 27001
14 5 (0.18%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
15 4 (0.14%) CRD IV
System Software
1 71 (2.53%) Docker
2 28 (1.00%) VMware Infrastructure
3 27 (0.96%) Active Directory
4 10 (0.36%) HDFS
4 10 (0.36%) NFS
4 10 (0.36%) XenApp
5 9 (0.32%) Samba
6 8 (0.29%) SRDF
6 8 (0.29%) Veritas Cluster Server
6 8 (0.29%) Veritas Volume Manager
7 7 (0.25%) Hyper-V
7 7 (0.25%) vCloud
7 7 (0.25%) XenDesktop
8 6 (0.21%) Oracle RAC
8 6 (0.21%) Platform Symphony
8 6 (0.21%) Veritas File System
8 6 (0.21%) Virtual Machines
9 5 (0.18%) KVM
9 5 (0.18%) VMware ESXi
9 5 (0.18%) vSphere
Systems Management
1 38 (1.36%) Ansible
2 36 (1.28%) Puppet
3 23 (0.82%) ITRS Geneos
4 21 (0.75%) HP Quality Center
5 19 (0.68%) Opscode Chef
6 18 (0.64%) TIBCO Hawk
7 12 (0.43%) Cisco CUCM
8 11 (0.39%) vRealize
9 10 (0.36%) Kubernetes
9 10 (0.36%) PowerCLI
9 10 (0.36%) Rancher
10 9 (0.32%) Red Hat Satellite
11 8 (0.29%) SCCM
12 7 (0.25%) Control-M
12 7 (0.25%) Nagios
13 6 (0.21%) BladeLogic
13 6 (0.21%) HP SiteScope
13 6 (0.21%) Terraform
14 5 (0.18%) logstash
14 5 (0.18%) Tivoli Storage Manager
Vendors
1 191 (6.81%) Oracle
2 148 (5.28%) Microsoft
3 109 (3.89%) Sybase
4 78 (2.78%) TIBCO
5 60 (2.14%) Salesforce.com
6 52 (1.85%) ION Trading
7 47 (1.68%) Red Hat
8 46 (1.64%) IBM
9 45 (1.60%) Bloomberg
10 38 (1.36%) VMware
11 37 (1.32%) Murex
12 36 (1.28%) Cisco
13 27 (0.96%) Google
13 27 (0.96%) HP
14 25 (0.89%) Atlassian
15 24 (0.86%) Citrix
15 24 (0.86%) Reuters
15 24 (0.86%) Splunk
16 23 (0.82%) EMC
17 22 (0.78%) Tableau