Period
to 24 June 2019

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 24 June 2019 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
24 Jun 2019
Same period 2018 Same period 2017
Rank 199 169 98
Rank change year-on-year -30 -71 +35
Contract jobs citing Investment Banking 1,286 1,643 2,211
As % of all contract IT jobs advertised in the UK 1.42% 1.64% 2.41%
As % of the General category 3.96% 4.40% 6.18%
Number of daily rates quoted 956 1,215 1,716
UK median daily rate £550 £580 £575
Median daily rate % change year-on-year -5.17% +0.87% +4.55%
10th Percentile £359 £386 £406
90th Percentile £730 £738 £700
UK excluding London median daily rate £425 £425 £413
% change year-on-year - +3.03% -2.94%
Number of hourly rates quoted 11 7 12
UK median hourly rate £15.00 £15.00 £17.25
Median hourly rate % change year-on-year - -13.04% -7.75%
UK excluding London median hourly rate £40.50 £63.25 £19.50
% change year-on-year -35.97% +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 32,446 37,347 35,790
As % of all contract IT jobs advertised in the UK 35.70% 37.25% 39.07%
Number of daily rates quoted 21,005 24,320 23,448
UK median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +1.69%
10th Percentile £308 £298 £275
90th Percentile £675 £675 £650
UK excluding London median daily rate £440 £425 £403
% change year-on-year +3.53% +5.46% +0.75%
Number of hourly rates quoted 706 871 865
UK median hourly rate £30.25 £25.00 £25.00
Median hourly rate % change year-on-year +21.00% - -4.76%
10th Percentile £13.50 £12.25 £11.33
90th Percentile £51.46 £50.25 £51.40
UK excluding London median hourly rate £35.00 £25.00 £26.83
% change year-on-year +40.00% -6.82% -6.68%

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 24 June 2019.

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 24 June 2019.

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 24 June 2019. 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 -46 1,100 £575 -4.17% 62
London -28 1,017 £600 - 60
UK excluding London +127 261 £425 - 5
Scotland +102 137 £425 - 2
North of England +8 46 £400 -5.88% 1
Northern Ireland +19 35 £504 +29.17% 1
North West +17 33 £375 - 1
South East +45 23 £463 +10.45%
Yorkshire +1 11 £500 +5.26%
Midlands +19 9 £313 +11.11% 1
Wales +13 8 £500 -13.04%
East Midlands +19 5 £215 -57.00%
West Midlands +6 4 £406 +47.73% 1
South West -26 3 £300 -5.51%
North East - 2 £240 -

For the 6 months to 24 June 2019, 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 1,286 (100.00%) Banking
2 535 (41.60%) Finance
3 424 (32.97%) Agile Software Development
4 382 (29.70%) Java
5 317 (24.65%) SQL
6 199 (15.47%) Front Office
7 196 (15.24%) Python
8 167 (12.99%) JavaScript
9 151 (11.74%) TDD
10 146 (11.35%) C#
11 119 (9.25%) Oracle
12 115 (8.94%) .NET
13 108 (8.40%) SQL Server
14 107 (8.32%) Microsoft
15 106 (8.24%) Derivative
16 104 (8.09%) React
17 102 (7.93%) Problem-Solving
18 101 (7.85%) Relational Database
19 98 (7.62%) Analytics
19 98 (7.62%) DevOps
20 97 (7.54%) Windows
20 97 (7.54%) Linux
21 96 (7.47%) Multithreading
21 96 (7.47%) Greenfield Project
22 95 (7.39%) Unix
22 95 (7.39%) Spring
23 93 (7.23%) HTML
24 91 (7.08%) Stakeholder Management
24 91 (7.08%) Amazon AWS
25 90 (7.00%) Project 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 52 (4.04%) Apache Spark
2 40 (3.11%) Confluence
3 35 (2.72%) Apache
4 20 (1.56%) SharePoint
5 18 (1.40%) WebLogic
6 16 (1.24%) WebSphere
7 14 (1.09%) Skype for Business
8 13 (1.01%) SAS
9 12 (0.93%) Elasticsearch
9 12 (0.93%) JBoss
9 12 (0.93%) Mule
10 9 (0.70%) Apache Airflow
10 9 (0.70%) GlassFish
10 9 (0.70%) WebSphere Application Server
11 8 (0.62%) nginx
11 8 (0.62%) Tomcat
12 7 (0.54%) MS Exchange
12 7 (0.54%) Oracle Coherence
13 5 (0.39%) JCAPS
13 5 (0.39%) WordPress
Applications
1 60 (4.67%) Microsoft Excel
2 36 (2.80%) Microsoft Office
3 30 (2.33%) Microsoft PowerPoint
4 7 (0.54%) Spreadsheet
5 6 (0.47%) Microsoft Project
6 5 (0.39%) MS Visio
7 4 (0.31%) Photoshop
8 3 (0.23%) Acrobat
8 3 (0.23%) Adobe Creative Suite
8 3 (0.23%) Adobe Illustrator
8 3 (0.23%) Blender
8 3 (0.23%) InDesign
9 2 (0.16%) Adobe Premiere
9 2 (0.16%) Camtasia
9 2 (0.16%) InVision
9 2 (0.16%) OmniGraffle
9 2 (0.16%) Sketch
9 2 (0.16%) UserZoom
10 1 (0.078%) Adobe XD
10 1 (0.078%) SPSS
Business Applications
1 15 (1.17%) SAP Oil and Gas
2 10 (0.78%) Dynamics CRM
3 4 (0.31%) Oracle Financials
4 3 (0.23%) Dynamics AX
4 3 (0.23%) ION MarketView
4 3 (0.23%) Markit EDM
4 3 (0.23%) Salesforce.com CRM
5 2 (0.16%) Actimize
5 2 (0.16%) Distributed Ledger
5 2 (0.16%) Global One
5 2 (0.16%) Maximo
5 2 (0.16%) Oracle Cash Management
5 2 (0.16%) Oracle EBS
5 2 (0.16%) Oracle EBS R12
5 2 (0.16%) Oracle ERP
5 2 (0.16%) Oracle General Ledger
5 2 (0.16%) Oracle Internet Expenses
5 2 (0.16%) Oracle iProcurement
5 2 (0.16%) Oracle Payables
5 2 (0.16%) Oracle Receivables
Cloud Services
1 91 (7.08%) Amazon AWS
2 85 (6.61%) Microsoft Azure
3 43 (3.34%) Google Cloud Platform
4 36 (2.80%) Power Platform
5 32 (2.49%) Office 365
6 18 (1.40%) SaaS
7 14 (1.09%) npm
8 13 (1.01%) IaaS
9 12 (0.93%) Cloud Computing
9 12 (0.93%) GitHub
10 8 (0.62%) Apigee
10 8 (0.62%) PaaS
10 8 (0.62%) Stackdriver
11 6 (0.47%) Azure Data Factory
11 6 (0.47%) Serverless
12 4 (0.31%) Amazon CloudWatch
12 4 (0.31%) AWS Lambda
12 4 (0.31%) Datadog
12 4 (0.31%) OpenShift
13 3 (0.23%) Yarn
Communications & Networking
1 25 (1.94%) Firewall
2 24 (1.87%) DNS
3 19 (1.48%) Multicast
4 17 (1.32%) BGP
5 16 (1.24%) LAN
5 16 (1.24%) OSPF
5 16 (1.24%) WAN
6 15 (1.17%) TCP/IP
7 13 (1.01%) DHCP
7 13 (1.01%) Skype
8 12 (0.93%) HTTP
9 11 (0.86%) Cisco IOS
9 11 (0.86%) FTP
9 11 (0.86%) VPN
10 9 (0.70%) Cisco Nexus
10 9 (0.70%) SAN
10 9 (0.70%) Unified Communications
11 8 (0.62%) EIGRP
12 7 (0.54%) IGMP
12 7 (0.54%) SSL
Database & Business Intelligence
1 108 (8.40%) SQL Server
2 101 (7.85%) Relational Database
3 78 (6.07%) Big Data
4 57 (4.43%) NoSQL
5 53 (4.12%) Hadoop
6 46 (3.58%) Data Warehouse
7 40 (3.11%) RDBMS
8 37 (2.88%) MongoDB
9 36 (2.80%) Power BI
10 30 (2.33%) SQL Server Reporting Services
11 29 (2.26%) SQL Server Integration Services
12 24 (1.87%) Oracle Database
13 23 (1.79%) Apache Hive
14 22 (1.71%) MySQL
15 20 (1.56%) Apache Cassandra
15 20 (1.56%) PostgreSQL
16 19 (1.48%) QlikView
17 17 (1.32%) SQL Server Analysis Services
18 14 (1.09%) Impala
18 14 (1.09%) Spark SQL
Development Applications
1 82 (6.38%) JIRA
2 78 (6.07%) Git (software)
3 58 (4.51%) Jenkins
4 31 (2.41%) TeamCity
5 29 (2.26%) JUnit
6 28 (2.18%) Bitbucket
6 28 (2.18%) Maven
7 25 (1.94%) Cucumber
8 24 (1.87%) Subversion
9 16 (1.24%) Ant
9 16 (1.24%) Eclipse
9 16 (1.24%) Selenium
10 9 (0.70%) Atlassian Bamboo
10 9 (0.70%) Visual Studio
11 8 (0.62%) Hudson
11 8 (0.62%) Mockito
11 8 (0.62%) Sonatype Nexus
11 8 (0.62%) webpack
12 7 (0.54%) gulp
13 6 (0.47%) PowerDesigner
General
1 1,286 (100.00%) Banking
2 535 (41.60%) Finance
3 199 (15.47%) Front Office
4 45 (3.50%) Retail Banking
5 39 (3.03%) Financial Institution
6 34 (2.64%) Retail
7 31 (2.41%) Legal
8 23 (1.79%) Back Office
9 21 (1.63%) Telecoms
10 17 (1.32%) Law
11 15 (1.17%) Marketing
12 14 (1.09%) Private Banking
13 12 (0.93%) Games
14 11 (0.86%) Publishing
15 3 (0.23%) International Banking
16 2 (0.16%) Advertising
16 2 (0.16%) Prime Brokerage
17 1 (0.078%) Corporate Banking
17 1 (0.078%) Manufacturing
17 1 (0.078%) Social Science
Job Titles
1 563 (43.78%) Developer
2 219 (17.03%) Java Developer
3 176 (13.69%) Analyst
4 96 (7.47%) Business Analyst
5 79 (6.14%) Senior Developer
6 65 (5.05%) Project Manager
7 62 (4.82%) Architect
8 57 (4.43%) C# Developer
9 53 (4.12%) Investment Banking Java Developer
10 51 (3.97%) .NET Developer
11 47 (3.65%) Python Developer
12 44 (3.42%) Banking Analyst
13 43 (3.34%) SQL Developer
14 39 (3.03%) Senior Java Developer
15 36 (2.80%) React Developer
16 31 (2.41%) Consultant
16 31 (2.41%) DevOps Engineer
17 30 (2.33%) Full Stack Developer
17 30 (2.33%) Support Analyst
18 29 (2.26%) Scala Developer
Libraries, Frameworks & Software Standards
1 115 (8.94%) .NET
2 104 (8.09%) React
3 95 (7.39%) Spring
4 93 (7.23%) HTML
5 77 (5.99%) AngularJS
6 75 (5.83%) CSS
7 67 (5.21%) RESTful
8 57 (4.43%) XML
9 47 (3.65%) Node.js
10 42 (3.27%) Kafka
11 41 (3.19%) Hibernate
12 40 (3.11%) REST
13 38 (2.95%) Middleware
14 35 (2.72%) Web Services
15 32 (2.49%) JSON
16 31 (2.41%) Redux
17 30 (2.33%) ASP.NET
17 30 (2.33%) J2EE
18 27 (2.10%) HTML5
19 26 (2.02%) FIX Protocol
Miscellaneous
1 106 (8.24%) Derivative
2 96 (7.47%) Greenfield Project
3 90 (7.00%) Analytical Skills
4 88 (6.84%) Foreign Exchange (FX)
5 86 (6.69%) Fixed Income
6 62 (4.82%) Equities
7 37 (2.88%) Algorithms
8 36 (2.80%) Self-Motivation
9 34 (2.64%) User Experience
10 32 (2.49%) Equity Derivative
11 31 (2.41%) Credit Risk
12 28 (2.18%) Data Structures
12 28 (2.18%) Enterprise Software
13 24 (1.87%) Market Risk
14 23 (1.79%) Virtual Team
15 19 (1.48%) Data Protection Act
16 18 (1.40%) Management Information System
17 16 (1.24%) Hedge funds
18 12 (0.93%) Mobile Banking
18 12 (0.93%) SWIFT
Operating Systems
1 97 (7.54%) Linux
1 97 (7.54%) Windows
2 95 (7.39%) Unix
3 28 (2.18%) Windows 7
4 25 (1.94%) Windows 10
4 25 (1.94%) Windows Server
5 14 (1.09%) Apple iOS
6 13 (1.01%) Red Hat Enterprise Linux
7 10 (0.78%) Windows Server 2012
8 9 (0.70%) Windows Server 2008
9 4 (0.31%) Android
9 4 (0.31%) Mac OS
9 4 (0.31%) Solaris
9 4 (0.31%) Windows Server 2003
10 1 (0.078%) AIX
Processes & Methodologies
1 424 (32.97%) Agile Software Development
2 151 (11.74%) TDD
3 102 (7.93%) Problem-Solving
4 98 (7.62%) Analytics
4 98 (7.62%) DevOps
5 96 (7.47%) Multithreading
6 91 (7.08%) Stakeholder Management
7 90 (7.00%) Project Management
8 87 (6.77%) Scrum
9 85 (6.61%) Microservices
10 78 (6.07%) Test Automation
11 76 (5.91%) Continuous Integration
12 71 (5.52%) Risk Management
13 64 (4.98%) Software Engineering
14 61 (4.74%) Migration
15 60 (4.67%) SDLC
16 58 (4.51%) Business Intelligence
17 57 (4.43%) Business Analysis
17 57 (4.43%) Low Latency
18 56 (4.35%) Front End Development
Programming Languages
1 382 (29.70%) Java
2 317 (24.65%) SQL
3 196 (15.24%) Python
4 167 (12.99%) JavaScript
5 146 (11.35%) C#
6 68 (5.29%) Java 8
7 63 (4.90%) Scala
8 57 (4.43%) C++
9 29 (2.26%) PowerShell
10 27 (2.10%) R
11 25 (1.94%) PL/SQL
11 25 (1.94%) T-SQL
12 24 (1.87%) ES6
13 23 (1.79%) TypeScript
14 21 (1.63%) Perl
14 21 (1.63%) VBA
15 16 (1.24%) VB.NET
16 12 (0.93%) Bash Shell
16 12 (0.93%) Haskell
16 12 (0.93%) Shell Script
Qualifications
1 78 (6.07%) Degree
2 20 (1.56%) Cisco Certification
3 19 (1.48%) Computer Science Degree
4 18 (1.40%) CCNP
5 11 (0.86%) CCIE
6 10 (0.78%) ITIL Certification
6 10 (0.78%) PhD
7 9 (0.70%) PRINCE2 Certification
8 7 (0.54%) CISSP
8 7 (0.54%) Master's Degree
8 7 (0.54%) Microsoft Certification
9 5 (0.39%) CCIE Collaboration
9 5 (0.39%) CCNP Voice
9 5 (0.39%) CCVP
9 5 (0.39%) CISM
9 5 (0.39%) PMI Certification
9 5 (0.39%) Security Cleared
10 4 (0.31%) PMP
10 4 (0.31%) SC Cleared
11 3 (0.23%) ISEB
Quality Assurance & Compliance
1 51 (3.97%) QA
2 20 (1.56%) MiFID
3 10 (0.78%) SLA
4 8 (0.62%) EMIR
4 8 (0.62%) GDPR
5 7 (0.54%) Data Quality
5 7 (0.54%) PMO
6 6 (0.47%) COREP
6 6 (0.47%) FINREP
7 5 (0.39%) PSD2
8 4 (0.31%) Basel III
9 2 (0.16%) Dodd-Frank
9 2 (0.16%) ITGC
10 1 (0.078%) CRD IV
10 1 (0.078%) ISO/IEC 27001
10 1 (0.078%) NIST
10 1 (0.078%) Sarbanes-Oxley
System Software
1 64 (4.98%) Docker
2 36 (2.80%) Active Directory
3 15 (1.17%) VMware Infrastructure
4 14 (1.09%) Oracle RAC
4 14 (1.09%) XenApp
5 13 (1.01%) XenDesktop
6 9 (0.70%) HDFS
7 6 (0.47%) Virtual Desktop
8 4 (0.31%) Citrix Hypervisor
8 4 (0.31%) Hyper-V
8 4 (0.31%) Microsoft App-V
8 4 (0.31%) VMware ESXi
8 4 (0.31%) VMware Workstation
8 4 (0.31%) vSphere
9 3 (0.23%) Apache ZooKeeper
9 3 (0.23%) Cronacle
9 3 (0.23%) Varnish
10 2 (0.16%) Veritas Cluster Server
10 2 (0.16%) Veritas File System
10 2 (0.16%) Veritas Volume Manager
Systems Management
1 44 (3.42%) Kubernetes
2 32 (2.49%) Ansible
3 25 (1.94%) SCCM
4 14 (1.09%) Opscode Chef
5 13 (1.01%) Puppet
6 11 (0.86%) Terraform
7 9 (0.70%) Control-M
8 8 (0.62%) Symantec Endpoint Protection
9 6 (0.47%) Cisco CUCM
9 6 (0.47%) Istio
10 5 (0.39%) AirWatch
10 5 (0.39%) HP ALM
10 5 (0.39%) logstash
10 5 (0.39%) Single Sign-On
11 4 (0.31%) HP Fortify
11 4 (0.31%) ITRS Geneos
11 4 (0.31%) Nagios
12 3 (0.23%) CA Single Sign-On
12 3 (0.23%) Cobbler
12 3 (0.23%) Data Guard
Vendors
1 119 (9.25%) Oracle
2 107 (8.32%) Microsoft
3 39 (3.03%) Google
4 37 (2.88%) Cisco
5 30 (2.33%) VMware
6 27 (2.10%) Tableau
7 25 (1.94%) Citrix
8 24 (1.87%) Bloomberg
9 23 (1.79%) Splunk
10 21 (1.63%) Reuters
10 21 (1.63%) Sybase
11 17 (1.32%) Salesforce.com
12 15 (1.17%) HP
12 15 (1.17%) SAP
13 14 (1.09%) ServiceNow
14 13 (1.01%) IBM
15 12 (0.93%) Murex
15 12 (0.93%) Red Hat
15 12 (0.93%) Symantec
16 11 (0.86%) F5