Period
to 14 November 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 14 November 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
14 Nov 2018
Same period 2017 Same period 2016
Rank 183 89 159
Rank change year-on-year -94 +70 -85
Contract jobs citing Investment Banking 1,536 2,794 1,771
As % of all contract IT jobs advertised in the UK 1.47% 2.71% 1.68%
As % of the General category 4.04% 6.81% 4.61%
Number of daily rates quoted 1,227 2,145 1,391
UK median daily rate £600 £570 £550
Median daily rate % change year-on-year +5.26% +3.64% -
10th Percentile £397 £406 £400
90th Percentile £741 £713 £725
UK excluding London median daily rate £400 £425 £425
% change year-on-year -5.88% - +6.25%
Number of hourly rates quoted 2 6 2
UK median hourly rate £16.00 £15.00 £15.85
Median hourly rate % change year-on-year +6.67% -5.36% -55.97%
10th Percentile £15.20 £13.38 £13.57
90th Percentile £16.80 £20.88 £18.13
UK excluding London median hourly rate £15.00 £15.75 -
% change year-on-year -4.76% - -

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 38,012 41,034 38,446
As % of all contract IT jobs advertised in the UK 36.43% 39.83% 36.40%
Number of daily rates quoted 24,910 27,139 25,519
UK median daily rate £475 £463 £450
Median daily rate % change year-on-year +2.70% +2.78% +5.88%
10th Percentile £300 £277 £263
90th Percentile £675 £656 £638
UK excluding London median daily rate £425 £410 £400
% change year-on-year +3.60% +2.56% -
Number of hourly rates quoted 845 902 950
UK median hourly rate £24.00 £25.00 £24.47
Median hourly rate % change year-on-year -4.00% +2.17% -2.12%
10th Percentile £12.47 £12.00 £11.25
90th Percentile £51.15 £47.50 £47.25
UK excluding London median hourly rate £25.00 £26.37 £25.00
% change year-on-year -5.20% +5.48% -3.85%

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 14 November 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
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 14 November 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 -93 1,427 £600 +4.35% 145
London -48 1,354 £600 +4.35% 130
UK excluding London -102 176 £400 -5.88% 22
Scotland +28 79 £425 -2.86% 4
North of England -26 38 £450 +2.86% 12
North West +6 32 £425 +6.25% 11
Northern Ireland -15 17 £340 -17.58% 3
South East -21 13 £446 -10.30% 1
South West -38 12 £365 -14.12% 1
Midlands -25 8 £500 +17.30% 1
Wales - 8 £350 -
Yorkshire -44 6 £475 +5.56% 1
East Midlands +11 5 £513 +20.23% 1
West Midlands -42 3 £450 +9.09%
East of England - 2 £310 -

For the 6 months to 14 November 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 1,536 (100.00%) Banking
2 728 (47.40%) Finance
3 553 (36.00%) Agile Software Development
4 475 (30.92%) Java
5 412 (26.82%) SQL
6 399 (25.98%) Front Office
7 280 (18.23%) C#
8 242 (15.76%) SQL Server
9 230 (14.97%) .NET
10 223 (14.52%) Fixed Income
11 221 (14.39%) Unix
12 197 (12.83%) JavaScript
13 190 (12.37%) Oracle
14 186 (12.11%) TDD
14 186 (12.11%) Spring
15 184 (11.98%) Linux
16 183 (11.91%) Multithreading
17 159 (10.35%) Relational Database
18 150 (9.77%) Python
19 139 (9.05%) Derivative
20 138 (8.98%) Foreign Exchange (FX)
21 136 (8.85%) JIRA
22 131 (8.53%) SDLC
23 129 (8.40%) Analytical Skills
24 122 (7.94%) HTML
25 120 (7.81%) Continuous Integration
26 115 (7.49%) Risk Management
27 113 (7.36%) AngularJS
27 113 (7.36%) NoSQL
28 112 (7.29%) Degree

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 66 (4.30%) Apache
2 43 (2.80%) Confluence
3 34 (2.21%) Apache Spark
4 33 (2.15%) Mule
5 31 (2.02%) SharePoint
6 30 (1.95%) IIS
7 25 (1.63%) JBoss
8 18 (1.17%) Tomcat
9 16 (1.04%) Elasticsearch
10 15 (0.98%) CMS
11 13 (0.85%) SharePoint 2013
12 9 (0.59%) Jetty
13 8 (0.52%) WebSphere
14 7 (0.46%) MS Exchange
14 7 (0.46%) WordPress
15 6 (0.39%) Adobe Experience Manager
15 6 (0.39%) SAS
16 5 (0.33%) Oracle Coherence
17 4 (0.26%) Exchange Server 2010
17 4 (0.26%) MTS
Applications
1 79 (5.14%) Microsoft Excel
2 32 (2.08%) Microsoft Office
3 30 (1.95%) Microsoft PowerPoint
4 19 (1.24%) Spreadsheet
5 15 (0.98%) MS Visio
6 12 (0.78%) Microsoft Project
7 6 (0.39%) InVision
8 2 (0.13%) Pixate
9 1 (0.065%) Acrobat
9 1 (0.065%) Adobe Illustrator
9 1 (0.065%) Chatbot
9 1 (0.065%) Photoshop
9 1 (0.065%) UserZoom
Business Applications
1 19 (1.24%) ION MarketView
2 7 (0.46%) Salesforce.com CRM
3 6 (0.39%) Global One
3 6 (0.39%) Oracle Financials
4 4 (0.26%) Actimize
4 4 (0.26%) Bloomberg TOMS
4 4 (0.26%) Dynamics CRM
4 4 (0.26%) thinkFolio
5 3 (0.20%) Dynamics AX
5 3 (0.20%) Eikon
5 3 (0.20%) Kondor
6 2 (0.13%) BusinessWorks
6 2 (0.13%) CA PPM
6 2 (0.13%) LatentZero
6 2 (0.13%) Oracle Subledger Accounting
6 2 (0.13%) PeopleSoft HCM
6 2 (0.13%) PeopleSoft HRMS
6 2 (0.13%) Sonata
6 2 (0.13%) Temenos T24
7 1 (0.065%) Oracle ERP
Cloud Services
1 54 (3.52%) Amazon AWS
2 40 (2.60%) Microsoft Azure
3 10 (0.65%) GitHub
3 10 (0.65%) Office 365
4 9 (0.59%) Cloud Computing
5 8 (0.52%) npm
6 6 (0.39%) IaaS
7 4 (0.26%) Amazon EC2
7 4 (0.26%) Amazon Glacier
7 4 (0.26%) Amazon S3
7 4 (0.26%) AWS Fargate
7 4 (0.26%) Dynamics 365
7 4 (0.26%) OneDrive
8 3 (0.20%) Azure Active Directory
8 3 (0.20%) Google Cloud Platform
8 3 (0.20%) NuGet
9 2 (0.13%) Adobe Creative Cloud
9 2 (0.13%) OpenShift
9 2 (0.13%) SaaS
10 1 (0.065%) PaaS
Communications & Networking
1 23 (1.50%) Firewall
2 13 (0.85%) SAN
3 12 (0.78%) DMZ
3 12 (0.78%) HTTP
4 11 (0.72%) AMQP
4 11 (0.72%) Kerberos
5 10 (0.65%) SSL
6 9 (0.59%) LAN
6 9 (0.59%) Network Security
7 8 (0.52%) Internet
7 8 (0.52%) RTMP
8 7 (0.46%) DNS
8 7 (0.46%) VLAN
8 7 (0.46%) WAN
9 6 (0.39%) VSAN
9 6 (0.39%) Wireless
10 5 (0.33%) DHCP
10 5 (0.33%) FIX Connectivity
10 5 (0.33%) TCP/IP
11 4 (0.26%) FTP
Database & Business Intelligence
1 242 (15.76%) SQL Server
2 159 (10.35%) Relational Database
3 113 (7.36%) NoSQL
4 92 (5.99%) MongoDB
5 80 (5.21%) Data Warehouse
6 62 (4.04%) RDBMS
7 58 (3.78%) Oracle Database
8 50 (3.26%) SQL Server Reporting Services
9 49 (3.19%) SQL Server Integration Services
10 41 (2.67%) Big Data
11 36 (2.34%) Hadoop
12 28 (1.82%) SQL Server 2008
13 22 (1.43%) BusinessObjects
14 21 (1.37%) SQL Server Analysis Services
15 19 (1.24%) Data Mining
15 19 (1.24%) Oracle Database 11g
16 18 (1.17%) MySQL
17 16 (1.04%) HBase
17 16 (1.04%) Oracle Reports
18 14 (0.91%) Oracle Database 12c
Development Applications
1 136 (8.85%) JIRA
2 106 (6.90%) Subversion
3 92 (5.99%) Git (software)
4 62 (4.04%) Maven
5 58 (3.78%) Jenkins
6 53 (3.45%) JUnit
7 51 (3.32%) TeamCity
8 50 (3.26%) Atlassian Bamboo
9 27 (1.76%) Cucumber
9 27 (1.76%) Mockito
10 23 (1.50%) Eclipse
11 22 (1.43%) Bitbucket
11 22 (1.43%) Selenium
12 19 (1.24%) Hudson
13 17 (1.11%) Gradle
13 17 (1.11%) Visual Studio
14 16 (1.04%) Ant
15 15 (0.98%) FishEye
16 14 (0.91%) jMock
17 13 (0.85%) Team Foundation Server
General
1 1,536 (100.00%) Banking
2 728 (47.40%) Finance
3 399 (25.98%) Front Office
4 64 (4.17%) Financial Institution
5 50 (3.26%) Back Office
6 37 (2.41%) Law
7 22 (1.43%) Legal
8 18 (1.17%) Telecoms
9 16 (1.04%) Retail Banking
10 13 (0.85%) Advertising
11 11 (0.72%) Retail
12 10 (0.65%) Publishing
13 7 (0.46%) Corporate Banking
14 6 (0.39%) Private Banking
15 5 (0.33%) Marketing
16 4 (0.26%) Electronics
16 4 (0.26%) General Ledger
16 4 (0.26%) Spanish Language
17 3 (0.20%) Billing
17 3 (0.20%) Games
Job Titles
1 826 (53.78%) Developer
2 321 (20.90%) Java Developer
3 207 (13.48%) Analyst
4 180 (11.72%) C# Developer
5 146 (9.51%) Senior Developer
6 124 (8.07%) Business Analyst
7 91 (5.92%) Project Manager
8 81 (5.27%) Banking Analyst
9 77 (5.01%) Front Office Developer
10 67 (4.36%) .NET Developer
11 66 (4.30%) Architect
12 61 (3.97%) Senior Java Developer
13 59 (3.84%) SQL Developer
14 58 (3.78%) Python Developer
15 57 (3.71%) Investment Banking Java Developer
16 56 (3.65%) Full Stack Developer
17 48 (3.13%) C# .NET Developer
18 37 (2.41%) WPF Developer
19 36 (2.34%) Administrator
19 36 (2.34%) Senior C# Developer
Libraries, Frameworks & Software Standards
1 230 (14.97%) .NET
2 186 (12.11%) Spring
3 122 (7.94%) HTML
4 113 (7.36%) AngularJS
5 103 (6.71%) REST
6 97 (6.32%) Middleware
7 95 (6.18%) XML
8 87 (5.66%) Node.js
9 85 (5.53%) Hibernate
10 83 (5.40%) CSS
11 81 (5.27%) WPF
12 78 (5.08%) React
13 75 (4.88%) Web Services
14 64 (4.17%) .NET Framework
15 63 (4.10%) HTML5
16 59 (3.84%) J2EE
17 57 (3.71%) WCF
18 56 (3.65%) ASP.NET
19 51 (3.32%) FIX Protocol
20 48 (3.13%) JMS
Miscellaneous
1 223 (14.52%) Fixed Income
2 139 (9.05%) Derivative
3 138 (8.98%) Foreign Exchange (FX)
4 129 (8.40%) Analytical Skills
5 101 (6.58%) Equities
6 67 (4.36%) Market Risk
7 62 (4.04%) Greenfield Project
8 58 (3.78%) Enterprise Software
9 53 (3.45%) Credit Risk
10 50 (3.26%) User Experience
11 43 (2.80%) Computer Science
12 42 (2.73%) Fintech
13 34 (2.21%) Hedge funds
14 31 (2.02%) Data Centre
15 30 (1.95%) Self-Motivation
16 26 (1.69%) Grid Computing
17 23 (1.50%) Equity Derivative
17 23 (1.50%) Virtual Team
18 21 (1.37%) OTC Derivatives
19 17 (1.11%) Algorithms
Operating Systems
1 221 (14.39%) Unix
2 184 (11.98%) Linux
3 108 (7.03%) Windows
4 36 (2.34%) Windows Server
5 26 (1.69%) Apple iOS
5 26 (1.69%) Windows Server 2012
6 22 (1.43%) Red Hat Enterprise Linux
7 21 (1.37%) Solaris
8 9 (0.59%) Windows 10
9 7 (0.46%) Windows 7
10 6 (0.39%) Android
11 4 (0.26%) Windows Server 2008
12 3 (0.20%) Mac OS
12 3 (0.20%) Oracle Linux
13 2 (0.13%) AIX
14 1 (0.065%) CentOS
14 1 (0.065%) VMS
14 1 (0.065%) Windows 8
14 1 (0.065%) Windows Server 2003
Processes & Methodologies
1 553 (36.00%) Agile Software Development
2 186 (12.11%) TDD
3 183 (11.91%) Multithreading
4 131 (8.53%) SDLC
5 120 (7.81%) Continuous Integration
6 115 (7.49%) Risk Management
7 104 (6.77%) Low Latency
8 103 (6.71%) Stakeholder Management
9 102 (6.64%) Problem-Solving
9 102 (6.64%) Scrum
10 101 (6.58%) Migration
11 95 (6.18%) Electronic Trading
12 94 (6.12%) Project Management
13 93 (6.05%) User Acceptance Testing
14 91 (5.92%) OO
15 82 (5.34%) Business Intelligence
15 82 (5.34%) Test Automation
16 79 (5.14%) DevOps
17 77 (5.01%) Data Modelling
18 73 (4.75%) Wealth Management
Programming Languages
1 475 (30.92%) Java
2 412 (26.82%) SQL
3 280 (18.23%) C#
4 197 (12.83%) JavaScript
5 150 (9.77%) Python
6 86 (5.60%) Java 8
7 74 (4.82%) C++
8 49 (3.19%) PL/SQL
9 47 (3.06%) T-SQL
10 39 (2.54%) Scala
11 36 (2.34%) Perl
11 36 (2.34%) Shell Script
12 33 (2.15%) VBA
13 31 (2.02%) PowerShell
14 20 (1.30%) Bash Shell
15 18 (1.17%) PHP
16 17 (1.11%) TypeScript
17 14 (0.91%) Haskell
18 13 (0.85%) C
18 13 (0.85%) R
Qualifications
1 112 (7.29%) Degree
2 25 (1.63%) Computer Science Degree
3 23 (1.50%) PhD
4 19 (1.24%) ITIL Foundation Certificate
5 16 (1.04%) Security Cleared
6 15 (0.98%) Numerate Degree
7 11 (0.72%) ISTQB
8 10 (0.65%) CISSP
9 9 (0.59%) Cisco Certification
9 9 (0.59%) SC Cleared
10 8 (0.52%) PRINCE2 Certification
11 7 (0.46%) CCNP
11 7 (0.46%) ITIL Certification
11 7 (0.46%) Master's Degree
11 7 (0.46%) PMI Certification
12 6 (0.39%) CISM
12 6 (0.39%) VCAP
12 6 (0.39%) VCDX
12 6 (0.39%) VMware Certified Professional (VCP)
13 5 (0.33%) PMP
Quality Assurance & Compliance
1 67 (4.36%) QA
2 31 (2.02%) MiFID
3 28 (1.82%) Data Quality
4 21 (1.37%) PMO
5 12 (0.78%) EMIR
6 11 (0.72%) Basel III
7 7 (0.46%) Dodd-Frank
7 7 (0.46%) SLA
8 4 (0.26%) IFRS
8 4 (0.26%) IFRS 9
9 3 (0.20%) GDPR
9 3 (0.20%) ISO/IEC 27001
9 3 (0.20%) PSD2
10 2 (0.13%) ISO 9000
11 1 (0.065%) COREP
11 1 (0.065%) Cyber Essentials
11 1 (0.065%) FINREP
11 1 (0.065%) NIST 800
11 1 (0.065%) Solvency II
11 1 (0.065%) WCAG
System Software
1 50 (3.26%) Docker
2 32 (2.08%) Active Directory
3 25 (1.63%) VMware Infrastructure
4 11 (0.72%) Veritas Cluster Server
5 10 (0.65%) HDFS
5 10 (0.65%) vSphere
6 8 (0.52%) XenDesktop
7 6 (0.39%) XenApp
8 4 (0.26%) Oracle RAC
8 4 (0.26%) Platform Symphony
8 4 (0.26%) Virtual Desktop
9 3 (0.20%) Hyper-V
10 2 (0.13%) Apache ZooKeeper
10 2 (0.13%) Firmware
10 2 (0.13%) LXC
10 2 (0.13%) ProxySG
10 2 (0.13%) Virtual Machines
10 2 (0.13%) VMware ESXi
10 2 (0.13%) XenServer
11 1 (0.065%) OpenAM
Systems Management
1 26 (1.69%) Kubernetes
2 21 (1.37%) Ansible
3 11 (0.72%) Rancher
4 10 (0.65%) Single Sign-On
5 9 (0.59%) Hadoop YARN
6 8 (0.52%) Puppet
7 7 (0.46%) CA Single Sign-On
7 7 (0.46%) ITRS Geneos
8 6 (0.39%) HP ALM
8 6 (0.39%) HP Quality Center
8 6 (0.39%) Oozie
9 5 (0.33%) Kibana
9 5 (0.33%) Opscode Chef
9 5 (0.33%) Tivoli
10 4 (0.26%) Control-M
10 4 (0.26%) IBM BigFix
11 2 (0.13%) CASB
11 2 (0.13%) NetBackup
11 2 (0.13%) SCCM
11 2 (0.13%) vCenter Server
Vendors
1 190 (12.37%) Oracle
2 110 (7.16%) Microsoft
3 40 (2.60%) Murex
4 38 (2.47%) Sybase
5 30 (1.95%) Tableau
6 26 (1.69%) TIBCO
7 25 (1.63%) VMware
8 24 (1.56%) Bloomberg
9 23 (1.50%) Red Hat
10 22 (1.43%) IBM
11 21 (1.37%) SAP
12 19 (1.24%) Informatica
12 19 (1.24%) Reuters
13 18 (1.17%) Atlassian
14 16 (1.04%) Citrix
14 16 (1.04%) UiPath
15 15 (0.98%) Cloudera
16 13 (0.85%) MapR
17 12 (0.78%) HP
18 11 (0.72%) Dell