Period
to 17 November 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 November 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 Nov 2017
Same period 2016 Same period 2015
Rank 89 159 73
Rank change year-on-year +70 -86 -6
Contract jobs citing Investment Banking 2753 1782 3153
As % of all contract IT jobs advertised in the UK 2.68% 1.68% 2.74%
As % of the General category 6.73% 4.62% 6.86%
Number of daily rates quoted 2120 1404 2375
UK median daily rate £568 £550 £550
Median daily rate % change year-on-year +3.18% - +2.80%
10th Percentile £406 £400 £363
90th Percentile £713 £717 £688
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.18% -4.70%
Number of hourly rates quoted 5 2 6
UK median hourly rate £15.00 £15.85 £36.00
Median hourly rate % change year-on-year -5.36% -55.97% +67.44%
10th Percentile £13.05 £13.57 £17.88
90th Percentile £18.90 £18.13 £100.00
UK excluding London median hourly rate £12.00 - £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 40908 38591 45958
As % of all contract IT jobs advertised in the UK 39.79% 36.42% 39.98%
Number of daily rates quoted 27057 25636 29251
UK median daily rate £465 £450 £425
Median daily rate % change year-on-year +3.33% +5.88% -
10th Percentile £275 £263 £263
90th Percentile £663 £638 £625
UK excluding London median daily rate £413 £400 £400
% change year-on-year +3.13% - +5.96%
Number of hourly rates quoted 892 947 1224
UK median hourly rate £25.00 £24.50 £25.00
Median hourly rate % change year-on-year +2.04% -2.00% +16.28%
10th Percentile £12.00 £11.25 £12.00
90th Percentile £47.50 £47.25 £48.16
UK excluding London median hourly rate £26.47 £25.50 £26.00
% change year-on-year +3.80% -1.92% +15.56%

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 November 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 November 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 +66 2613 £575 +4.55% 103
London +20 2484 £575 - 88
UK excluding London +184 262 £425 - 20
Northern Ireland +12 101 £420 +85.64% 2
North of England +96 56 £444 -15.48% 10
Yorkshire +65 39 £450 -
Scotland -2 35 £438 +20.69% 2
South East +2 25 £520 +15.56% 4
Midlands +49 23 £426 +0.29%
South West +20 23 £425 -10.53%
North West +22 16 £400 -25.58% 10
West Midlands +37 15 £413 -2.94%
East Midlands +9 8 £426 -
North East - 1 £225 -

For the 6 months to 17 November 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 2753 (100.00%) Banking
2 1370 (49.76%) Finance
3 896 (32.55%) Agile Software Development
4 888 (32.26%) Java
5 684 (24.85%) Front Office
6 660 (23.97%) SQL
7 400 (14.53%) C#
8 382 (13.88%) Foreign Exchange (FX)
9 368 (13.37%) Fixed Income
10 345 (12.53%) Python
11 330 (11.99%) Linux
12 318 (11.55%) Derivative
13 311 (11.30%) Multithreading
13 311 (11.30%) JavaScript
14 309 (11.22%) Test Automation
15 295 (10.72%) Unix
16 268 (9.73%) SQL Server
17 263 (9.55%) TDD
18 262 (9.52%) C++
19 255 (9.26%) .NET
20 250 (9.08%) Electronic Trading
21 246 (8.94%) SDLC
22 239 (8.68%) Project Management
23 237 (8.61%) Analytical Skills
24 236 (8.57%) HTML
25 233 (8.46%) Low Latency
25 233 (8.46%) AngularJS
26 232 (8.43%) Equities
27 212 (7.70%) Stakeholder Management
28 209 (7.59%) OO

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 83 (3.01%) Apache Spark
2 35 (1.27%) Apache
3 32 (1.16%) Confluence
4 30 (1.09%) Elasticsearch
5 25 (0.91%) SharePoint
6 19 (0.69%) Tomcat
7 17 (0.62%) MQSeries
8 13 (0.47%) Apache Solr
8 13 (0.47%) WebSphere
9 12 (0.44%) MS Exchange
10 11 (0.40%) JBoss
10 11 (0.40%) Mule
11 10 (0.36%) Oracle Coherence
12 9 (0.33%) Apache Pig
13 8 (0.29%) IIS
13 8 (0.29%) SAS
14 7 (0.25%) Exchange Server 2007
14 7 (0.25%) nginx
15 6 (0.22%) WebLogic
16 5 (0.18%) Umbraco
Applications
1 142 (5.16%) Microsoft Excel
2 73 (2.65%) Microsoft Office
3 51 (1.85%) Microsoft PowerPoint
4 33 (1.20%) Microsoft Project
4 33 (1.20%) MS Visio
5 12 (0.44%) Spreadsheet
6 1 (0.036%) Adobe Illustrator
6 1 (0.036%) Open Workbench
6 1 (0.036%) Photoshop
6 1 (0.036%) SPSS
Business Applications
1 31 (1.13%) ION MarketView
2 21 (0.76%) Salesforce.com CRM
3 13 (0.47%) Summit
4 10 (0.36%) RMDS
5 7 (0.25%) Markit EDM
6 6 (0.22%) Dynamics CRM
7 5 (0.18%) CA PPM
7 5 (0.18%) IntelliMatch
7 5 (0.18%) Oracle Subledger Accounting
7 5 (0.18%) Temenos T24
8 4 (0.15%) thinkFolio
9 3 (0.11%) Bloomberg TOMS
9 3 (0.11%) Dynamics AX
9 3 (0.11%) Kondor
10 2 (0.073%) BusinessWorks
10 2 (0.073%) Dynamics NAV
10 2 (0.073%) Oracle EBS
10 2 (0.073%) Orchestrade
10 2 (0.073%) Salerio
10 2 (0.073%) SunGard GMI
Cloud Services
1 56 (2.03%) Amazon AWS
2 30 (1.09%) Microsoft Azure
3 14 (0.51%) GitHub
4 11 (0.40%) Office 365
5 9 (0.33%) npm
6 6 (0.22%) Google Cloud Platform
7 5 (0.18%) OpenShift
7 5 (0.18%) SaaS
7 5 (0.18%) Serverless
8 4 (0.15%) Adobe Analytics
8 4 (0.15%) Cloud Computing
8 4 (0.15%) OpenDNS
9 3 (0.11%) Azure Active Directory
9 3 (0.11%) Cortana Intelligence Suite
10 2 (0.073%) BrowserStack
10 2 (0.073%) IaaS
10 2 (0.073%) PaaS
10 2 (0.073%) Sauce Labs
11 1 (0.036%) Amazon EC2
11 1 (0.036%) Amazon S3
Communications & Networking
1 27 (0.98%) TCP/IP
2 20 (0.73%) Firewall
3 19 (0.69%) FIX Connectivity
3 19 (0.69%) LAN
4 16 (0.58%) DNS
4 16 (0.58%) Internet
4 16 (0.58%) SAN
4 16 (0.58%) WAN
5 14 (0.51%) NAS
6 10 (0.36%) Network Security
6 10 (0.36%) SSL
7 9 (0.33%) DHCP
8 6 (0.22%) Kerberos
8 6 (0.22%) LDAP
9 5 (0.18%) Cisco IOS
9 5 (0.18%) PPP
9 5 (0.18%) Wi-Fi
10 4 (0.15%) NetScaler
10 4 (0.15%) Skype
10 4 (0.15%) Structured Cabling
Database & Business Intelligence
1 268 (9.73%) SQL Server
2 119 (4.32%) Big Data
3 117 (4.25%) Relational Database
4 106 (3.85%) Hadoop
5 99 (3.60%) NoSQL
6 86 (3.12%) MongoDB
7 51 (1.85%) SQL Server Integration Services
8 49 (1.78%) Data Warehouse
9 48 (1.74%) SQL Server 2008
10 47 (1.71%) SQL Server Reporting Services
11 44 (1.60%) RDBMS
12 34 (1.24%) Oracle Database
13 29 (1.05%) DB2
14 26 (0.94%) KDB
15 25 (0.91%) SQL Server 2016
16 20 (0.73%) Data Mining
16 20 (0.73%) Oracle Database 11g
17 18 (0.65%) Blockchain
17 18 (0.65%) OLAP
18 17 (0.62%) SQL Server 2012
Development Applications
1 168 (6.10%) JIRA
2 131 (4.76%) Git (software)
3 91 (3.31%) TeamCity
4 78 (2.83%) Jenkins
4 78 (2.83%) Maven
5 60 (2.18%) Subversion
6 55 (2.00%) Selenium
7 49 (1.78%) JUnit
8 46 (1.67%) Cucumber
9 29 (1.05%) Gradle
9 29 (1.05%) Visual Studio
10 24 (0.87%) WebDriver
11 23 (0.84%) Atlassian Bamboo
11 23 (0.84%) NUnit
12 17 (0.62%) Mockito
13 14 (0.51%) Eclipse
14 13 (0.47%) Sonatype Nexus
15 12 (0.44%) Bitbucket
15 12 (0.44%) JBehave
15 12 (0.44%) JMeter
General
1 2753 (100.00%) Banking
2 1370 (49.76%) Finance
3 684 (24.85%) Front Office
4 91 (3.31%) Financial Institution
5 81 (2.94%) Back Office
6 46 (1.67%) Legal
7 42 (1.53%) Retail Banking
8 25 (0.91%) Private Banking
9 24 (0.87%) Retail
10 14 (0.51%) Prime Brokerage
11 12 (0.44%) Billing
11 12 (0.44%) General Ledger
12 10 (0.36%) Corporate Banking
12 10 (0.36%) Marketing
13 9 (0.33%) French Language
14 8 (0.29%) Law
15 7 (0.25%) Advertising
15 7 (0.25%) Telecoms
16 5 (0.18%) German Language
16 5 (0.18%) Pharmaceutical
Job Titles
1 1314 (47.73%) Developer
2 612 (22.23%) Analyst
3 563 (20.45%) Java Developer
4 363 (13.19%) Business Analyst
5 256 (9.30%) Senior Developer
6 226 (8.21%) C# Developer
7 198 (7.19%) Project Manager
8 177 (6.43%) Banking Analyst
9 155 (5.63%) Senior Java Developer
10 147 (5.34%) Investment Banking Java Developer
11 134 (4.87%) C++ Developer
12 133 (4.83%) Agile Developer
13 117 (4.25%) Agile Java Developer
14 115 (4.18%) JavaScript Developer
15 109 (3.96%) Front Office Developer
16 107 (3.89%) .NET Developer
17 91 (3.31%) Architect
17 91 (3.31%) Investment Banking Business Analyst
18 89 (3.23%) C# .NET Developer
19 86 (3.12%) Python Developer
Libraries, Frameworks & Software Standards
1 255 (9.26%) .NET
2 236 (8.57%) HTML
3 233 (8.46%) AngularJS
4 205 (7.45%) HTML5
5 163 (5.92%) Spring
6 110 (4.00%) CSS
7 109 (3.96%) React
8 101 (3.67%) FIX Protocol
9 100 (3.63%) XML
10 98 (3.56%) WPF
11 92 (3.34%) Node.js
12 85 (3.09%) REST
13 81 (2.94%) Hibernate
14 75 (2.72%) Middleware
15 60 (2.18%) RESTful
16 53 (1.93%) .NET Framework
16 53 (1.93%) ASP.NET
16 53 (1.93%) Web Services
17 52 (1.89%) J2SE
18 51 (1.85%) WCF
Miscellaneous
1 382 (13.88%) Foreign Exchange (FX)
2 368 (13.37%) Fixed Income
3 318 (11.55%) Derivative
4 237 (8.61%) Analytical Skills
5 232 (8.43%) Equities
6 156 (5.67%) Market Risk
7 140 (5.09%) Greenfield Project
8 126 (4.58%) Credit Risk
9 113 (4.10%) Virtual Team
10 106 (3.85%) Data Structures
11 84 (3.05%) Equity Derivative
12 78 (2.83%) Computer Science
12 78 (2.83%) Hedge funds
13 60 (2.18%) OTC Derivatives
14 55 (2.00%) User Experience
15 52 (1.89%) Management Information System
16 43 (1.56%) Algorithms
17 36 (1.31%) Reference Data
18 33 (1.20%) N-Tier
19 29 (1.05%) Fintech
Operating Systems
1 330 (11.99%) Linux
2 295 (10.72%) Unix
3 182 (6.61%) Windows
4 55 (2.00%) Solaris
5 41 (1.49%) Red Hat Enterprise Linux
6 27 (0.98%) Windows Server
7 20 (0.73%) AIX
8 16 (0.58%) Apple iOS
8 16 (0.58%) Windows 7
9 14 (0.51%) Android
10 12 (0.44%) Windows Server 2012
11 10 (0.36%) Windows 10
12 8 (0.29%) SUSE
13 6 (0.22%) Windows 8
13 6 (0.22%) Windows Server 2008
14 3 (0.11%) CoreOS
14 3 (0.11%) Debian
14 3 (0.11%) Ubuntu
15 2 (0.073%) Mac OS
15 2 (0.073%) SUSE Linux Enterprise Server
Processes & Methodologies
1 896 (32.55%) Agile Software Development
2 311 (11.30%) Multithreading
3 309 (11.22%) Test Automation
4 263 (9.55%) TDD
5 250 (9.08%) Electronic Trading
6 246 (8.94%) SDLC
7 239 (8.68%) Project Management
8 233 (8.46%) Low Latency
9 212 (7.70%) Stakeholder Management
10 209 (7.59%) OO
11 191 (6.94%) Risk Management
12 182 (6.61%) Business Analysis
13 165 (5.99%) Scrum
14 151 (5.48%) DevOps
15 147 (5.34%) Investment Management
16 136 (4.94%) User Acceptance Testing
17 135 (4.90%) Migration
18 130 (4.72%) Continuous Integration
19 121 (4.40%) Asset Management
20 117 (4.25%) Data Analysis
Programming Languages
1 888 (32.26%) Java
2 660 (23.97%) SQL
3 400 (14.53%) C#
4 345 (12.53%) Python
5 311 (11.30%) JavaScript
6 262 (9.52%) C++
7 102 (3.71%) Scala
8 91 (3.31%) Perl
8 91 (3.31%) VBA
9 49 (1.78%) TypeScript
10 47 (1.71%) Shell Script
11 44 (1.60%) PowerShell
12 38 (1.38%) Bash Shell
12 38 (1.38%) PL/SQL
13 37 (1.34%) C
14 36 (1.31%) T-SQL
15 31 (1.13%) R
16 25 (0.91%) Korn
17 24 (0.87%) Ruby
18 20 (0.73%) Haskell
Qualifications
1 142 (5.16%) Degree
2 36 (1.31%) Computer Science Degree
3 35 (1.27%) PhD
4 25 (0.91%) PMP
5 19 (0.69%) Microsoft Certification
5 19 (0.69%) PMI Certification
6 17 (0.62%) Numerate Degree
7 16 (0.58%) Security Cleared
8 15 (0.54%) Master's Degree
8 15 (0.54%) MCSE
8 15 (0.54%) SC Cleared
9 12 (0.44%) PRINCE2 Certification
10 10 (0.36%) Cisco Certification
10 10 (0.36%) MCITP
11 9 (0.33%) CCNP
11 9 (0.33%) VMware Certified Professional (VCP)
12 8 (0.29%) ITIL Certification
13 6 (0.22%) CIMA
13 6 (0.22%) ISEB
14 5 (0.18%) CCNA
Quality Assurance & Compliance
1 180 (6.54%) MiFID
2 130 (4.72%) QA
3 51 (1.85%) EMIR
4 48 (1.74%) PMO
5 36 (1.31%) GDPR
6 30 (1.09%) Dodd-Frank
7 20 (0.73%) SLA
8 19 (0.69%) Data Quality
9 13 (0.47%) FATCA
10 9 (0.33%) IFRS
11 8 (0.29%) SEPA
12 7 (0.25%) Basel III
12 7 (0.25%) COREP
12 7 (0.25%) FINREP
12 7 (0.25%) IFRS 9
13 6 (0.22%) ISO/IEC 27001
14 5 (0.18%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
15 4 (0.15%) CRD IV
15 4 (0.15%) ISO 20022
15 4 (0.15%) PSD2
System Software
1 72 (2.62%) Docker
2 30 (1.09%) Active Directory
3 20 (0.73%) VMware Infrastructure
4 9 (0.33%) Samba
4 9 (0.33%) XenApp
5 8 (0.29%) HDFS
6 7 (0.25%) NFS
6 7 (0.25%) vCloud
6 7 (0.25%) Veritas Cluster Server
6 7 (0.25%) Veritas Volume Manager
7 6 (0.22%) Microsoft App-V
7 6 (0.22%) Oracle RAC
7 6 (0.22%) Veritas File System
8 5 (0.18%) Apache ZooKeeper
8 5 (0.18%) KVM
8 5 (0.18%) Platform Symphony
8 5 (0.18%) SRDF
8 5 (0.18%) VMware ESXi
8 5 (0.18%) XenDesktop
9 4 (0.15%) Hyper-V
Systems Management
1 42 (1.53%) Ansible
2 38 (1.38%) Puppet
3 23 (0.84%) HP Quality Center
3 23 (0.84%) ITRS Geneos
4 21 (0.76%) Opscode Chef
5 16 (0.58%) TIBCO Hawk
6 12 (0.44%) Kubernetes
7 10 (0.36%) Nagios
7 10 (0.36%) SCCM
8 9 (0.33%) Cisco CUCM
8 9 (0.33%) Control-M
8 9 (0.33%) Rancher
8 9 (0.33%) Red Hat Satellite
9 8 (0.29%) vRealize
10 7 (0.25%) BladeLogic
10 7 (0.25%) PowerCLI
10 7 (0.25%) Terraform
11 6 (0.22%) HP SiteScope
12 5 (0.18%) logstash
12 5 (0.18%) Tivoli Storage Manager
Vendors
1 195 (7.08%) Oracle
2 148 (5.38%) Microsoft
3 109 (3.96%) Sybase
4 69 (2.51%) TIBCO
5 53 (1.93%) Salesforce.com
6 51 (1.85%) IBM
6 51 (1.85%) ION Trading
7 43 (1.56%) Red Hat
8 40 (1.45%) Murex
9 38 (1.38%) Bloomberg
10 32 (1.16%) Atlassian
10 32 (1.16%) VMware
11 30 (1.09%) Cisco
12 25 (0.91%) Splunk
13 24 (0.87%) Citrix
14 23 (0.84%) Reuters
15 22 (0.80%) Google
16 21 (0.76%) Tableau
17 20 (0.73%) HP
18 19 (0.69%) EMC