Period
to 24 January 2020

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 January 2020 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 Jan 2020
Same period 2019 Same period 2018
Rank 227 197 113
Rank change year-on-year -30 -84 +43
Contract jobs citing Investment Banking 825 1,427 2,285
As % of all contract IT jobs advertised in the UK 1.14% 1.43% 2.27%
As % of the General category 3.05% 3.57% 5.32%
Number of daily rates quoted 549 1,115 1,728
UK median daily rate £600 £590 £575
Median daily rate % change year-on-year +1.69% +2.61% -
10th Percentile £352 £375 £413
90th Percentile £725 £750 £725
UK excluding London median daily rate £469 £425 £440
% change year-on-year +10.29% -3.41% +8.64%
Number of hourly rates quoted 11 8 9
UK median hourly rate £44.00 £15.00 £15.00
Median hourly rate % change year-on-year +193.33% - -81.25%
10th Percentile £21.00 £13.50 £14.35
90th Percentile £46.00 £22.03 £36.94
UK excluding London median hourly rate £44.00 £15.00 £16.68
% change year-on-year +193.33% -10.07% -

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 27,093 39,947 42,957
As % of all contract IT jobs advertised in the UK 37.51% 40.11% 42.72%
Number of daily rates quoted 17,319 26,096 28,508
UK median daily rate £475 £475 £465
Median daily rate % change year-on-year - +2.15% +3.33%
10th Percentile £274 £300 £275
90th Percentile £675 £675 £660
UK excluding London median daily rate £435 £425 £413
% change year-on-year +2.24% +3.03% +3.13%
Number of hourly rates quoted 900 1,098 1,111
UK median hourly rate £22.00 £22.00 £21.79
Median hourly rate % change year-on-year - +0.96% +4.76%
10th Percentile £12.50 £11.96 £11.25
90th Percentile £50.00 £48.75 £47.50
UK excluding London median hourly rate £20.29 £20.65 £21.78
% change year-on-year -1.74% -5.21% +8.90%

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 January 2020.

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 January 2020.

Contractor hourly rate histogram for Investment Banking in the UK

Investment Banking
Top 16 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 January 2020. 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 -31 737 £600 - 86
London -20 660 £600 - 84
UK excluding London +19 152 £469 +10.29% 12
Scotland -19 61 £525 +25.37% 6
Northern Ireland +20 23 £425 +28.79% 2
East of England - 22 £400 -
South East +54 16 £550 +6.02% 1
North of England +2 15 £525 +10.53%
North West -18 11 £175 -51.72%
South West +16 7 £420 +2.44% 1
Midlands +55 6 £400 -23.81%
East Midlands +20 4 £400 -34.69%
West Midlands +39 2 - -
Yorkshire +32 2 £569 +19.74%
North East - 2 £525 -
Channel Islands - 2 £500 -

For the 6 months to 24 January 2020, 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.

1 825 (100.00%) Banking
2 334 (40.48%) Finance
3 285 (34.55%) Agile Software Development
4 282 (34.18%) Java
5 187 (22.67%) Front Office
6 153 (18.55%) SQL
7 128 (15.52%) Python
8 103 (12.48%) JavaScript
9 91 (11.03%) TDD
10 87 (10.55%) Fixed Income
11 85 (10.30%) Derivative
12 81 (9.82%) Foreign Exchange (FX)
13 80 (9.70%) AngularJS
14 79 (9.58%) Oracle
15 75 (9.09%) Software Engineering
16 74 (8.97%) Wealth Management
17 73 (8.85%) Analytical Skills
17 73 (8.85%) Migration
18 72 (8.73%) Equities
18 72 (8.73%) Azure
19 70 (8.48%) Retail
20 69 (8.36%) Retail Banking
21 67 (8.12%) Degree
21 67 (8.12%) Spring
21 67 (8.12%) DevOps
22 65 (7.88%) Stakeholder Management
22 65 (7.88%) C#
23 64 (7.76%) SDLC
24 61 (7.39%) AWS
24 61 (7.39%) Problem-Solving

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 36 (4.36%) Apache Spark
2 22 (2.67%) Confluence
3 14 (1.70%) Elasticsearch
4 13 (1.58%) SharePoint
5 9 (1.09%) Apache
6 8 (0.97%) SAS
7 7 (0.85%) Oracle Coherence
8 4 (0.48%) CMS
8 4 (0.48%) IBM Notes
8 4 (0.48%) Jupyter
9 3 (0.36%) Adobe Experience Manager
10 2 (0.24%) Cloud Foundry
10 2 (0.24%) IBM HTTP Server
10 2 (0.24%) WebSphere
11 1 (0.12%) ColdFusion
11 1 (0.12%) MS Exchange
11 1 (0.12%) Oracle Workflow
11 1 (0.12%) Skype for Business
11 1 (0.12%) Tornado
11 1 (0.12%) WebLogic
Applications
1 32 (3.88%) Microsoft Office
2 30 (3.64%) Microsoft Excel
3 10 (1.21%) Sketch
4 7 (0.85%) Microsoft PowerPoint
4 7 (0.85%) MS Visio
5 5 (0.61%) InVision
5 5 (0.61%) Microsoft Project
6 2 (0.24%) Adobe After Effects
6 2 (0.24%) Adobe Premiere
6 2 (0.24%) Camtasia
6 2 (0.24%) Chatbot
6 2 (0.24%) OmniGraffle
6 2 (0.24%) UserZoom
7 1 (0.12%) Adobe Captivate
7 1 (0.12%) RoboHelp
7 1 (0.12%) SPSS
Business Applications
1 5 (0.61%) SAP Oil and Gas
2 4 (0.48%) ION MarketView
3 3 (0.36%) PolarLake
4 2 (0.24%) Markit EDM
4 2 (0.24%) Oracle AML
4 2 (0.24%) Oracle Assets
4 2 (0.24%) Oracle Cash Management
4 2 (0.24%) Oracle EBS
4 2 (0.24%) Oracle FAH
4 2 (0.24%) Oracle General Ledger
4 2 (0.24%) Oracle Payables
4 2 (0.24%) Oracle Receivables
4 2 (0.24%) SAP ERP
5 1 (0.12%) Bloomberg TOMS
5 1 (0.12%) Eikon
5 1 (0.12%) Oracle Internet Expenses
5 1 (0.12%) Oracle iProcurement
5 1 (0.12%) Oracle Subledger Accounting
5 1 (0.12%) Sage 300 ERP
5 1 (0.12%) Sage CRM
Cloud Services
1 72 (8.73%) Azure
2 61 (7.39%) AWS
3 46 (5.58%) GCP
4 19 (2.30%) GitHub
5 17 (2.06%) Amazon SQS
6 16 (1.94%) Amazon ECS
7 15 (1.82%) npm
8 9 (1.09%) Office 365
9 8 (0.97%) Power Platform
10 7 (0.85%) OpenShift
11 6 (0.73%) SaaS
11 6 (0.73%) Yarn
12 5 (0.61%) Cloud Computing
12 5 (0.61%) PaaS
13 4 (0.48%) IaaS
13 4 (0.48%) OneDrive
14 2 (0.24%) Amazon EMR
14 2 (0.24%) Amazon S3
14 2 (0.24%) G Suite
14 2 (0.24%) Serverless
Communications & Networking
1 25 (3.03%) TCP/IP
2 22 (2.67%) Cisco Nexus
3 21 (2.55%) LAN
4 20 (2.42%) Cisco IOS
4 20 (2.42%) Wireless
5 19 (2.30%) Junos
5 19 (2.30%) Multicast
5 19 (2.30%) NX-OS
5 19 (2.30%) VPN
6 17 (2.06%) BGP
6 17 (2.06%) OSPF
7 16 (1.94%) MPLS
7 16 (1.94%) Wireshark
7 16 (1.94%) WLAN
8 15 (1.82%) Cisco ISE
8 15 (1.82%) Cisco Wireless
8 15 (1.82%) EIGRP
8 15 (1.82%) Ethernet
8 15 (1.82%) HTTP
9 14 (1.70%) Plixer Scrutinizer
Database & Business Intelligence
1 46 (5.58%) SQL Server
2 43 (5.21%) Big Data
3 28 (3.39%) Hadoop
4 27 (3.27%) Relational Database
5 22 (2.67%) Apache Hive
6 21 (2.55%) MongoDB
7 19 (2.30%) Amazon Redshift
8 18 (2.18%) Impala
8 18 (2.18%) Spark SQL
9 15 (1.82%) NoSQL
10 14 (1.70%) HBase
11 11 (1.33%) Data Warehouse
11 11 (1.33%) KDB
11 11 (1.33%) MySQL
11 11 (1.33%) Oracle Database
12 10 (1.21%) Kdb+
13 9 (1.09%) Flink
14 8 (0.97%) PostgreSQL
14 8 (0.97%) Power BI
15 7 (0.85%) RDBMS
Development Applications
1 55 (6.67%) JIRA
2 49 (5.94%) Git (software)
3 24 (2.91%) Maven
4 20 (2.42%) TeamCity
5 18 (2.18%) Jenkins
5 18 (2.18%) Sonatype Nexus
6 14 (1.70%) JUnit
7 12 (1.45%) Bitbucket
8 9 (1.09%) Axure RP
8 9 (1.09%) webpack
9 7 (0.85%) Bitbucket Server
10 6 (0.73%) Cucumber
10 6 (0.73%) Eclipse
10 6 (0.73%) GitLab
10 6 (0.73%) Subversion
11 5 (0.61%) Ant
11 5 (0.61%) IntelliJ
12 4 (0.48%) Mockito
12 4 (0.48%) Selenium
12 4 (0.48%) SonarQube
General
1 825 (100.00%) Banking
2 334 (40.48%) Finance
3 187 (22.67%) Front Office
4 70 (8.48%) Retail
5 69 (8.36%) Retail Banking
6 55 (6.67%) Corporate Banking
7 24 (2.91%) Legal
8 18 (2.18%) Marketing
9 17 (2.06%) Public Sector
10 16 (1.94%) Financial Institution
11 15 (1.82%) Telecoms
12 13 (1.58%) Back Office
13 12 (1.45%) Private Banking
14 11 (1.33%) Electronics
15 9 (1.09%) Games
16 5 (0.61%) French Language
17 4 (0.48%) Publishing
18 2 (0.24%) German Language
18 2 (0.24%) Law
18 2 (0.24%) Prime Brokerage
Job Titles
1 360 (43.64%) Developer
2 141 (17.09%) Java Developer
3 136 (16.48%) Analyst
4 75 (9.09%) Senior Developer
5 62 (7.52%) Business Analyst
6 43 (5.21%) Python Developer
7 40 (4.85%) C# Developer
8 39 (4.73%) Senior Java Developer
9 37 (4.48%) Architect
10 31 (3.76%) Investment Banking Java Developer
11 29 (3.52%) Front Office Developer
12 27 (3.27%) Banking Analyst
13 26 (3.15%) Full Stack Developer
13 26 (3.15%) Scala Developer
14 25 (3.03%) Project Manager
14 25 (3.03%) React Developer
15 23 (2.79%) Network Engineer
15 23 (2.79%) SQL Developer
16 21 (2.55%) Agile Developer
16 21 (2.55%) UI Developer
Libraries, Frameworks & Software Standards
1 80 (9.70%) AngularJS
2 67 (8.12%) Spring
3 59 (7.15%) React
4 58 (7.03%) HTML
5 48 (5.82%) .NET
6 46 (5.58%) CSS
7 42 (5.09%) HTML5
7 42 (5.09%) Web Services
8 40 (4.85%) Kafka
8 40 (4.85%) Node.js
9 37 (4.48%) Spring Boot
10 27 (3.27%) Redux
11 26 (3.15%) RESTful
12 24 (2.91%) Hibernate
13 19 (2.30%) J2EE
14 15 (1.82%) XML
15 14 (1.70%) 802.1X
15 14 (1.70%) FIX Protocol
16 13 (1.58%) REST
17 12 (1.45%) Spring Cloud
Miscellaneous
1 87 (10.55%) Fixed Income
2 85 (10.30%) Derivative
3 81 (9.82%) Foreign Exchange (FX)
4 73 (8.85%) Analytical Skills
5 72 (8.73%) Equities
6 41 (4.97%) Greenfield Project
7 35 (4.24%) User Experience
8 32 (3.88%) Management Information System
9 28 (3.39%) Hedge funds
10 26 (3.15%) Virtual Team
11 20 (2.42%) Self-Motivation
12 19 (2.30%) Data Centre
13 18 (2.18%) Equity Derivative
14 17 (2.06%) Public Cloud
15 15 (1.82%) Algorithms
15 15 (1.82%) Blog
15 15 (1.82%) Security Operations Centre
16 13 (1.58%) Mobile Banking
17 12 (1.45%) Credit Risk
17 12 (1.45%) Data Structures
Operating Systems
1 56 (6.79%) Linux
2 46 (5.58%) Windows
3 39 (4.73%) Unix
4 22 (2.67%) Windows 10
5 14 (1.70%) Windows 7
6 11 (1.33%) Solaris
7 7 (0.85%) Red Hat Enterprise Linux
8 5 (0.61%) Mac OS
9 4 (0.48%) Windows Server
10 3 (0.36%) Android
11 2 (0.24%) AIX
11 2 (0.24%) Windows Server 2008
12 1 (0.12%) Apple iOS
12 1 (0.12%) Oracle Linux
12 1 (0.12%) Ubuntu
12 1 (0.12%) Windows Server 2003
12 1 (0.12%) Windows Server 2012
Processes & Methodologies
1 285 (34.55%) Agile Software Development
2 91 (11.03%) TDD
3 75 (9.09%) Software Engineering
4 74 (8.97%) Wealth Management
5 73 (8.85%) Migration
6 67 (8.12%) DevOps
7 65 (7.88%) Stakeholder Management
8 64 (7.76%) SDLC
9 61 (7.39%) Problem-Solving
10 59 (7.15%) Asset Management
11 55 (6.67%) Scrum
12 54 (6.55%) Investment Management
12 54 (6.55%) Microservices
13 48 (5.82%) Multithreading
14 47 (5.70%) Electronic Trading
15 45 (5.45%) Project Management
16 40 (4.85%) Analytics
17 38 (4.61%) Change Management
17 38 (4.61%) Test Automation
17 38 (4.61%) Workflow
Programming Languages
1 282 (34.18%) Java
2 153 (18.55%) SQL
3 128 (15.52%) Python
4 103 (12.48%) JavaScript
5 65 (7.88%) C#
6 44 (5.33%) Scala
7 34 (4.12%) C++
8 32 (3.88%) Perl
9 31 (3.76%) Java 8
10 27 (3.27%) TypeScript
11 17 (2.06%) Kotlin
12 13 (1.58%) PL/SQL
13 12 (1.45%) C
14 11 (1.33%) Bash Shell
15 10 (1.21%) PowerShell
15 10 (1.21%) Shell Script
16 9 (1.09%) ES6
17 8 (0.97%) Embedded C
17 8 (0.97%) R
17 8 (0.97%) VBA
Qualifications
1 67 (8.12%) Degree
2 19 (2.30%) Cisco Certification
3 17 (2.06%) CCNP
4 15 (1.82%) CCNA
4 15 (1.82%) Computer Science Degree
4 15 (1.82%) SC Cleared
4 15 (1.82%) Security Cleared
5 7 (0.85%) ITIL Certification
5 7 (0.85%) PMP
6 5 (0.61%) CISSP
6 5 (0.61%) PMI Certification
7 4 (0.48%) Citrix Certification
7 4 (0.48%) Master's Degree
8 3 (0.36%) CISA
8 3 (0.36%) CISM
8 3 (0.36%) ISEB
8 3 (0.36%) Microsoft Certification
8 3 (0.36%) Numerate Degree
8 3 (0.36%) PhD
8 3 (0.36%) PRINCE2 Certification
Quality Assurance & Compliance
1 17 (2.06%) QA
2 15 (1.82%) Data Quality
3 13 (1.58%) MiFID
4 7 (0.85%) PMO
5 5 (0.61%) GDPR
6 4 (0.48%) EMIR
7 2 (0.24%) Dodd-Frank
7 2 (0.24%) ISO/IEC 27001
7 2 (0.24%) ITGC
7 2 (0.24%) NIST
7 2 (0.24%) Sarbanes-Oxley
7 2 (0.24%) SLA
8 1 (0.12%) IFRS
8 1 (0.12%) IFRS 9
System Software
1 52 (6.30%) Docker
2 18 (2.18%) Active Directory
3 14 (1.70%) HDFS
4 6 (0.73%) VMware Infrastructure
5 5 (0.61%) XenApp
6 4 (0.48%) XenDesktop
7 3 (0.36%) Firmware
7 3 (0.36%) Virtual Desktop
8 2 (0.24%) ACF2
8 2 (0.24%) RACF
8 2 (0.24%) VMware Server
9 1 (0.12%) Citrix Hypervisor
9 1 (0.12%) Hyper-V
9 1 (0.12%) ProxySG
9 1 (0.12%) Virtual Machines
9 1 (0.12%) VMware ESXi
9 1 (0.12%) vSphere
Systems Management
1 39 (4.73%) Kubernetes
2 32 (3.88%) Puppet
3 30 (3.64%) Terraform
4 23 (2.79%) Ansible
5 21 (2.55%) Opscode Chef
6 14 (1.70%) Cacti
6 14 (1.70%) Cisco Prime
6 14 (1.70%) Nagios
6 14 (1.70%) NetMRI
6 14 (1.70%) Statseeker
6 14 (1.70%) ZABBIX
7 6 (0.73%) HP Quality Center
7 6 (0.73%) Single Sign-On
8 4 (0.48%) SCCM
9 3 (0.36%) Consul
10 2 (0.24%) Cisco CUCM
10 2 (0.24%) CSIRT
10 2 (0.24%) Nessus
10 2 (0.24%) QRadar
10 2 (0.24%) RSA Archer
Vendors
1 79 (9.58%) Oracle
2 53 (6.42%) Microsoft
3 32 (3.88%) Cisco
4 26 (3.15%) Google
5 21 (2.55%) Bloomberg
6 20 (2.42%) Juniper
7 16 (1.94%) Murex
7 16 (1.94%) NetScout
7 16 (1.94%) Sybase
8 15 (1.82%) Solarflare
9 12 (1.45%) Adobe
9 12 (1.45%) Informatica
10 11 (1.33%) Citrix
10 11 (1.33%) Tableau
11 10 (1.21%) Atlassian
11 10 (1.21%) HP
11 10 (1.21%) Reuters
11 10 (1.21%) SAP
12 9 (1.09%) Sun
13 8 (0.97%) VMware