Period
to 19 January 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 19 January 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
19 Jan 2018
Same period 2017 Same period 2016
Rank 107 153 76
Rank change year-on-year +46 -77 -8
Contract jobs citing Investment Banking 2,323 1,718 2,873
As % of all contract IT jobs advertised in the UK 2.32% 1.77% 2.65%
As % of the General category 5.96% 4.86% 6.71%
Number of daily rates quoted 1,758 1,334 2,151
UK median daily rate £575 £575 £550
Median daily rate % change year-on-year - +4.55% +2.33%
10th Percentile £413 £405 £375
90th Percentile £725 £700 £688
UK excluding London median daily rate £440 £400 £425
% change year-on-year +10.00% -5.88% +6.25%
Number of hourly rates quoted 7 0 4
UK median hourly rate £15.00 - £30.00
10th Percentile £13.70 - £17.03
90th Percentile £15.97 - £82.00
UK excluding London median hourly rate £14.43 - £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 38,955 35,351 42,829
As % of all contract IT jobs advertised in the UK 38.87% 36.48% 39.56%
Number of daily rates quoted 25,803 23,447 27,210
UK median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.56% +5.88% -
10th Percentile £280 £263 £263
90th Percentile £669 £638 £625
UK excluding London median daily rate £413 £400 £400
% change year-on-year +3.13% - +3.23%
Number of hourly rates quoted 864 902 1,170
UK median hourly rate £26.00 £25.00 £26.50
Median hourly rate % change year-on-year +4.00% -5.66% +17.78%
10th Percentile £12.25 £11.32 £12.00
90th Percentile £48.75 £47.00 £49.55
UK excluding London median hourly rate £26.87 £25.00 £27.50
% change year-on-year +7.46% -9.09% +5.77%

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 19 January 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 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 19 January 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 +39 2,225 £575 - 266
London +6 2,120 £585 +1.74% 227
UK excluding London +118 196 £440 +10.00% 52
North of England +71 61 £450 +2.86% 29
Northern Ireland +7 56 £440 +73.40%
Yorkshire +50 44 £463 -2.63% 1
Scotland +3 33 £425 +6.25% 11
North West +2 17 £394 -10.00% 27
South East -17 16 £525 -2.33% 4
Midlands +18 13 £488 -2.50% 4
South West +14 12 £425 -10.53% 2
West Midlands +15 10 £475 +2.70%
Wales - 5 - - 2
East Midlands +4 3 £775 +44.19% 4

For the 6 months to 19 January 2018, 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 2,323 (100.00%) Banking
2 1,146 (49.33%) Finance
3 787 (33.88%) Java
4 738 (31.77%) Agile Software Development
5 565 (24.32%) Front Office
6 538 (23.16%) SQL
7 383 (16.49%) C#
8 314 (13.52%) Foreign Exchange (FX)
9 305 (13.13%) Python
10 289 (12.44%) Fixed Income
11 282 (12.14%) Linux
12 271 (11.67%) Derivative
13 261 (11.24%) Multithreading
14 257 (11.06%) .NET
15 254 (10.93%) Unix
16 253 (10.89%) JavaScript
17 243 (10.46%) SQL Server
18 232 (9.99%) Test Automation
19 211 (9.08%) SDLC
20 210 (9.04%) Stakeholder Management
21 207 (8.91%) C++
22 204 (8.78%) Project Management
23 203 (8.74%) Low Latency
24 202 (8.70%) TDD
25 198 (8.52%) Analytical Skills
26 197 (8.48%) Electronic Trading
27 180 (7.75%) HTML
28 179 (7.71%) Oracle
29 177 (7.62%) AngularJS
30 174 (7.49%) 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 82 (3.53%) Apache Spark
2 27 (1.16%) SharePoint
3 24 (1.03%) Apache
4 23 (0.99%) Elasticsearch
5 19 (0.82%) MQSeries
6 18 (0.77%) Confluence
6 18 (0.77%) WebSphere
7 17 (0.73%) Cloud Foundry
8 14 (0.60%) Tomcat
9 12 (0.52%) MS Exchange
9 12 (0.52%) Mule
10 11 (0.47%) SAS
11 8 (0.34%) JBoss
12 7 (0.30%) Apache Pig
13 6 (0.26%) Apache Solr
13 6 (0.26%) Mule ESB
14 5 (0.22%) CMS
14 5 (0.22%) Exchange Server 2007
14 5 (0.22%) IIS
14 5 (0.22%) WebLogic
Applications
1 120 (5.17%) Microsoft Excel
2 57 (2.45%) Microsoft Office
3 45 (1.94%) Microsoft PowerPoint
4 27 (1.16%) MS Visio
5 20 (0.86%) Microsoft Project
6 7 (0.30%) Spreadsheet
7 1 (0.043%) Adobe Illustrator
7 1 (0.043%) Open Workbench
7 1 (0.043%) Photoshop
7 1 (0.043%) SPSS
Business Applications
1 22 (0.95%) ION MarketView
2 19 (0.82%) Summit
3 15 (0.65%) Salesforce.com CRM
4 8 (0.34%) Markit EDM
5 7 (0.30%) RMDS
5 7 (0.30%) Temenos T24
6 6 (0.26%) Dynamics CRM
7 4 (0.17%) IntelliMatch
7 4 (0.17%) Oracle Subledger Accounting
8 3 (0.13%) Bloomberg TOMS
8 3 (0.13%) Kondor
9 2 (0.086%) BusinessWorks
9 2 (0.086%) CA PPM
9 2 (0.086%) Dynamics AX
9 2 (0.086%) Dynamics NAV
9 2 (0.086%) Oracle EBS
9 2 (0.086%) Salerio
10 1 (0.043%) Global One
10 1 (0.043%) Oracle Financials
10 1 (0.043%) Temenos Globus
Cloud Services
1 51 (2.20%) Amazon AWS
2 20 (0.86%) Microsoft Azure
2 20 (0.86%) npm
3 12 (0.52%) GitHub
4 11 (0.47%) Office 365
5 8 (0.34%) Google Cloud Platform
5 8 (0.34%) IaaS
6 4 (0.17%) Serverless
7 3 (0.13%) Adobe Analytics
7 3 (0.13%) BrowserStack
7 3 (0.13%) Cloud Computing
7 3 (0.13%) Cortana Intelligence Suite
7 3 (0.13%) G Suite
7 3 (0.13%) OpenDNS
7 3 (0.13%) OpenShift
7 3 (0.13%) SaaS
7 3 (0.13%) Sauce Labs
8 1 (0.043%) Amazon EC2
8 1 (0.043%) Amazon S3
8 1 (0.043%) PaaS
Communications & Networking
1 25 (1.08%) Firewall
1 25 (1.08%) TCP/IP
2 19 (0.82%) LAN
3 18 (0.77%) DNS
3 18 (0.77%) FIX Connectivity
4 15 (0.65%) Internet
4 15 (0.65%) WAN
5 13 (0.56%) DHCP
6 11 (0.47%) SSL
7 10 (0.43%) NAS
7 10 (0.43%) SAN
7 10 (0.43%) SMTP
8 7 (0.30%) NetScaler
8 7 (0.30%) Network Security
9 6 (0.26%) FTP
9 6 (0.26%) Kerberos
10 5 (0.22%) PPP
10 5 (0.22%) Wi-Fi
11 4 (0.17%) MPLS
11 4 (0.17%) Structured Cabling
Database & Business Intelligence
1 243 (10.46%) SQL Server
2 115 (4.95%) Relational Database
3 105 (4.52%) Big Data
4 79 (3.40%) Hadoop
4 79 (3.40%) NoSQL
5 72 (3.10%) MongoDB
6 48 (2.07%) RDBMS
7 39 (1.68%) Data Warehouse
8 38 (1.64%) SQL Server 2008
9 35 (1.51%) SQL Server Integration Services
10 34 (1.46%) Oracle Database
11 31 (1.33%) SQL Server Reporting Services
12 30 (1.29%) DB2
13 26 (1.12%) Blockchain
14 20 (0.86%) Oracle Database 11g
14 20 (0.86%) SQL Server 2016
15 17 (0.73%) KDB
15 17 (0.73%) OLAP
15 17 (0.73%) Sybase IQ
16 16 (0.69%) Apache Hive
Development Applications
1 149 (6.41%) JIRA
2 132 (5.68%) Git (software)
3 94 (4.05%) Maven
4 91 (3.92%) Jenkins
5 88 (3.79%) TeamCity
6 51 (2.20%) Selenium
6 51 (2.20%) Subversion
7 47 (2.02%) Cucumber
8 44 (1.89%) Gradle
9 41 (1.76%) JUnit
10 24 (1.03%) Atlassian Bamboo
11 23 (0.99%) Visual Studio
12 22 (0.95%) NUnit
13 18 (0.77%) WebDriver
14 17 (0.73%) Sonatype Nexus
15 16 (0.69%) Mockito
16 15 (0.65%) Ant
17 14 (0.60%) JMeter
18 11 (0.47%) Eclipse
19 10 (0.43%) Liquibase
General
1 2,323 (100.00%) Banking
2 1,146 (49.33%) Finance
3 565 (24.32%) Front Office
4 74 (3.19%) Financial Institution
5 72 (3.10%) Back Office
6 36 (1.55%) Retail Banking
7 30 (1.29%) Legal
8 23 (0.99%) Private Banking
9 19 (0.82%) Law
10 16 (0.69%) Retail
11 13 (0.56%) French Language
12 11 (0.47%) General Ledger
12 11 (0.47%) Marketing
13 9 (0.39%) Corporate Banking
13 9 (0.39%) Prime Brokerage
13 9 (0.39%) Telecoms
14 8 (0.34%) Billing
15 5 (0.22%) Publishing
16 3 (0.13%) Pharmaceutical
16 3 (0.13%) Wholesale Banking
Job Titles
1 1,065 (45.85%) Developer
2 479 (20.62%) Analyst
3 462 (19.89%) Java Developer
4 278 (11.97%) Business Analyst
5 229 (9.86%) C# Developer
6 205 (8.82%) Senior Developer
7 154 (6.63%) Project Manager
8 138 (5.94%) Banking Analyst
9 133 (5.73%) Senior Java Developer
10 108 (4.65%) Investment Banking Java Developer
11 103 (4.43%) C++ Developer
12 93 (4.00%) Front Office Developer
13 88 (3.79%) .NET Developer
14 79 (3.40%) Agile Developer
15 77 (3.31%) Architect
16 75 (3.23%) JavaScript Developer
17 73 (3.14%) Risk Analyst
18 71 (3.06%) Investment Banking Business Analyst
19 70 (3.01%) C# .NET Developer
19 70 (3.01%) Full Stack Developer
Libraries, Frameworks & Software Standards
1 257 (11.06%) .NET
2 180 (7.75%) HTML
3 177 (7.62%) AngularJS
4 168 (7.23%) Spring
5 156 (6.72%) HTML5
6 111 (4.78%) WPF
7 96 (4.13%) XML
8 90 (3.87%) React
9 79 (3.40%) FIX Protocol
10 75 (3.23%) REST
11 74 (3.19%) Hibernate
12 68 (2.93%) Node.js
13 67 (2.88%) .NET Framework
14 59 (2.54%) RESTful
15 58 (2.50%) Web Services
16 57 (2.45%) Middleware
17 54 (2.32%) WCF
18 52 (2.24%) CSS
19 47 (2.02%) Reactive Extensions
20 44 (1.89%) ASP.NET
Miscellaneous
1 314 (13.52%) Foreign Exchange (FX)
2 289 (12.44%) Fixed Income
3 271 (11.67%) Derivative
4 198 (8.52%) Analytical Skills
5 169 (7.28%) Equities
6 121 (5.21%) Market Risk
7 117 (5.04%) Credit Risk
7 117 (5.04%) Greenfield Project
8 77 (3.31%) Virtual Team
9 75 (3.23%) Computer Science
10 67 (2.88%) Data Structures
10 67 (2.88%) Hedge funds
11 66 (2.84%) Equity Derivative
12 50 (2.15%) OTC Derivatives
13 41 (1.76%) User Experience
14 37 (1.59%) Management Information System
15 33 (1.42%) Reference Data
16 29 (1.25%) Algorithms
16 29 (1.25%) Data Centre
17 25 (1.08%) Enterprise Software
Operating Systems
1 282 (12.14%) Linux
2 254 (10.93%) Unix
3 174 (7.49%) Windows
4 49 (2.11%) Solaris
5 39 (1.68%) Windows Server
6 30 (1.29%) Red Hat Enterprise Linux
7 25 (1.08%) Windows 7
8 22 (0.95%) AIX
9 17 (0.73%) Windows 10
10 13 (0.56%) Apple iOS
11 11 (0.47%) Android
11 11 (0.47%) Windows Server 2012
12 9 (0.39%) Windows Server 2008
13 7 (0.30%) Windows 8
14 6 (0.26%) SUSE
15 3 (0.13%) CoreOS
15 3 (0.13%) Debian
15 3 (0.13%) Ubuntu
16 1 (0.043%) OS/400
16 1 (0.043%) Windows Vista
Processes & Methodologies
1 738 (31.77%) Agile Software Development
2 261 (11.24%) Multithreading
3 232 (9.99%) Test Automation
4 211 (9.08%) SDLC
5 210 (9.04%) Stakeholder Management
6 204 (8.78%) Project Management
7 203 (8.74%) Low Latency
8 202 (8.70%) TDD
9 197 (8.48%) Electronic Trading
10 172 (7.40%) Risk Management
11 154 (6.63%) Scrum
12 152 (6.54%) Business Analysis
13 136 (5.85%) DevOps
14 135 (5.81%) OO
15 129 (5.55%) Investment Management
16 121 (5.21%) Continuous Integration
17 111 (4.78%) User Acceptance Testing
18 109 (4.69%) BDD
19 108 (4.65%) Change Management
20 103 (4.43%) Migration
Programming Languages
1 787 (33.88%) Java
2 538 (23.16%) SQL
3 383 (16.49%) C#
4 305 (13.13%) Python
5 253 (10.89%) JavaScript
6 207 (8.91%) C++
7 90 (3.87%) Scala
8 89 (3.83%) Perl
9 78 (3.36%) VBA
10 47 (2.02%) Shell Script
11 41 (1.76%) Bash Shell
12 35 (1.51%) C
13 34 (1.46%) T-SQL
14 31 (1.33%) Ruby
15 29 (1.25%) PL/SQL
15 29 (1.25%) TypeScript
16 26 (1.12%) Haskell
17 25 (1.08%) PowerShell
17 25 (1.08%) R
18 22 (0.95%) VB
Qualifications
1 131 (5.64%) Degree
2 34 (1.46%) Computer Science Degree
3 26 (1.12%) PhD
4 19 (0.82%) Master's Degree
4 19 (0.82%) PMP
5 16 (0.69%) PMI Certification
6 13 (0.56%) PRINCE2 Certification
7 11 (0.47%) Numerate Degree
7 11 (0.47%) Security Cleared
8 10 (0.43%) SC Cleared
9 9 (0.39%) Microsoft Certification
10 7 (0.30%) CCA
10 7 (0.30%) MCSE
11 6 (0.26%) ISEB
12 5 (0.22%) ACCA
12 5 (0.22%) CIMA
12 5 (0.22%) CISA
12 5 (0.22%) ITIL Certification
12 5 (0.22%) PRINCE2 Practitioner
13 4 (0.17%) Sun Certification
Quality Assurance & Compliance
1 146 (6.28%) MiFID
2 138 (5.94%) QA
3 55 (2.37%) PMO
4 45 (1.94%) EMIR
5 35 (1.51%) GDPR
6 32 (1.38%) Dodd-Frank
7 17 (0.73%) SLA
8 14 (0.60%) SEPA
9 13 (0.56%) Data Quality
10 9 (0.39%) Basel III
10 9 (0.39%) FATCA
10 9 (0.39%) IFRS
11 8 (0.34%) IFRS 9
12 5 (0.22%) CRD IV
12 5 (0.22%) PSD2
13 3 (0.13%) COREP
13 3 (0.13%) Sarbanes-Oxley
14 2 (0.086%) FINREP
14 2 (0.086%) GCP
14 2 (0.086%) ISO/IEC 27001
System Software
1 70 (3.01%) Docker
2 29 (1.25%) Active Directory
3 17 (0.73%) VMware Infrastructure
4 12 (0.52%) XenApp
5 9 (0.39%) XenDesktop
6 8 (0.34%) HDFS
6 8 (0.34%) Microsoft App-V
6 8 (0.34%) Samba
7 6 (0.26%) Apache ZooKeeper
7 6 (0.26%) Hyper-V
7 6 (0.26%) NFS
7 6 (0.26%) Veritas Cluster Server
8 5 (0.22%) Apache Flume
8 5 (0.22%) Oracle RAC
8 5 (0.22%) SRDF
8 5 (0.22%) Veritas File System
8 5 (0.22%) Veritas Volume Manager
8 5 (0.22%) XenServer
9 4 (0.17%) KVM
9 4 (0.17%) Platform Symphony
Systems Management
1 48 (2.07%) Ansible
2 43 (1.85%) Puppet
3 30 (1.29%) Opscode Chef
4 22 (0.95%) HP Quality Center
5 17 (0.73%) ITRS Geneos
5 17 (0.73%) Kubernetes
6 11 (0.47%) Nagios
7 10 (0.43%) Docker Swarm
8 9 (0.39%) Red Hat Satellite
8 9 (0.39%) SCCM
9 8 (0.34%) Oozie
9 8 (0.34%) TIBCO Hawk
10 7 (0.30%) logstash
11 6 (0.26%) HP SiteScope
11 6 (0.26%) Rancher
11 6 (0.26%) Salt
11 6 (0.26%) Terraform
12 5 (0.22%) BladeLogic
12 5 (0.22%) CA Single Sign-On
12 5 (0.22%) Kibana
Vendors
1 179 (7.71%) Oracle
2 124 (5.34%) Microsoft
3 79 (3.40%) Sybase
4 54 (2.32%) TIBCO
5 47 (2.02%) Murex
6 43 (1.85%) IBM
7 41 (1.76%) Salesforce.com
8 34 (1.46%) Citrix
9 33 (1.42%) ION Trading
10 31 (1.33%) Splunk
11 30 (1.29%) Red Hat
12 29 (1.25%) Atlassian
13 28 (1.21%) Bloomberg
14 25 (1.08%) VMware
15 21 (0.90%) Tableau
16 20 (0.86%) Charles River
17 18 (0.77%) Cisco
18 17 (0.73%) AppDynamics
18 17 (0.73%) EMC
18 17 (0.73%) Reuters