Period
to 12 July 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 12 July 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
12 Jul 2020
Same period 2019 Same period 2018
Rank 135 198 171
Rank change year-on-year +63 -27 -70
Contract jobs citing Investment Banking 763 1,322 1,670
As % of all contract jobs advertised in the UK 1.86% 1.41% 1.61%
As % of the General category 4.70% 3.54% 3.94%
Number of daily rates quoted 529 1,010 1,247
Median daily rate £625 £550 £600
Median daily rate % change year-on-year +13.64% -8.33% +4.35%
10th Percentile £438 £356 £393
90th Percentile £800 £730 £738
UK excluding London median daily rate £538 £425 £425
% change year-on-year +26.47% - +3.03%
Number of hourly rates quoted 2 11 4
Median hourly rate £26.75 £16.50 £15.75
Median hourly rate % change year-on-year +62.12% +4.76% -19.23%
10th Percentile £18.58 £15.00 £14.65
90th Percentile £33.53 £42.75 £85.68
UK excluding London median hourly rate - £37.75 £63.25
% change year-on-year - -40.32% +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 16,232 37,361 42,390
As % of all contract IT jobs advertised in the UK 39.57% 39.73% 40.82%
Number of daily rates quoted 10,244 24,131 27,495
Median daily rate £500 £488 £475
Median daily rate % change year-on-year +2.56% +2.63% +5.56%
10th Percentile £300 £300 £288
90th Percentile £700 £675 £675
UK excluding London median daily rate £450 £440 £425
% change year-on-year +2.27% +3.53% +6.25%
Number of hourly rates quoted 586 995 1,128
Median hourly rate £27.00 £22.93 £21.90
Median hourly rate % change year-on-year +17.75% +4.70% +1.86%
10th Percentile £12.95 £12.50 £11.64
90th Percentile £52.50 £50.00 £48.75
Median hourly rate £21.57 £23.59 £19.51
% change year-on-year -8.56% +20.91% -9.26%

Investment Banking
Job Vacancy Trend

Job postings citing Investment Banking as a proportion of all IT jobs advertised.

Job vacancy trend for Investment Banking in the UK

Investment Banking
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing Investment Banking.

Daily rate trend for Investment Banking in the UK

Investment Banking
Daily Rate Histogram

Daily rate distribution for jobs citing Investment Banking over the 6 months to 12 July 2020.

Daily rate histogram for Investment Banking in the UK

Investment Banking
Contractor Hourly Rate Trend

3-month moving average hourly rates quoted in jobs citing Investment Banking.

Hourly rate trend for Investment Banking in the UK

Investment Banking
Hourly Rate Histogram

Hourly rate distribution of jobs citing Investment Banking over the 6 months to 12 July 2020.

Hourly rate histogram for Investment Banking in the UK

Investment Banking
Top 13 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 12 July 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 +88 734 £625 +8.70% 58
London +49 721 £625 +4.17% 56
UK excluding London -13 37 £538 +26.47% 2
Scotland -36 19 £575 +35.29%
Work from Home -8 8 £525 +2.44% 3
Midlands +85 7 £550 +76.00%
Northern Ireland -12 7 £160 -68.78% 1
West Midlands +79 6 - -
South West +88 2 £575 +86.99%
South East +139 1 £525 +20.00%
North of England +64 1 £175 -57.58%
East Midlands +51 1 £550 +201.37%
North West +42 1 £175 -56.25%

For the 6 months to 12 July 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.

1 763 (100.00%) Banking
2 414 (54.26%) Java
3 368 (48.23%) Finance
4 340 (44.56%) Front Office
5 321 (42.07%) Agile Software Development
6 232 (30.41%) Foreign Exchange (FX)
7 225 (29.49%) Python
8 223 (29.23%) Fixed Income
9 184 (24.12%) SQL
10 180 (23.59%) JavaScript
11 173 (22.67%) Derivative
12 157 (20.58%) Equities
13 151 (19.79%) Web Services
14 149 (19.53%) DevOps
15 147 (19.27%) Software Engineering
16 146 (19.13%) Asset Management
17 141 (18.48%) AngularJS
18 134 (17.56%) AWS
19 133 (17.43%) C#
20 129 (16.91%) React
21 128 (16.78%) Hedge funds
22 120 (15.73%) Business Analysis
23 109 (14.29%) Investment Management
23 109 (14.29%) Azure
24 103 (13.50%) Multithreading
25 100 (13.11%) GCP
26 95 (12.45%) Vue.js
27 93 (12.19%) SQL Server
28 89 (11.66%) Google
29 87 (11.40%) TDD

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 26 (3.41%) Apache Spark
2 16 (2.10%) SharePoint
3 15 (1.97%) Elasticsearch
4 13 (1.70%) Mule
5 10 (1.31%) Apache
6 9 (1.18%) Confluence
7 7 (0.92%) Red Hat Fuse
8 6 (0.79%) Oracle Coherence
9 5 (0.66%) IIS
9 5 (0.66%) JBoss
9 5 (0.66%) WebLogic
9 5 (0.66%) WebSphere
10 4 (0.52%) GlassFish
10 4 (0.52%) JCAPS
10 4 (0.52%) SharePoint 2013
10 4 (0.52%) WebSphere Application Server
11 3 (0.39%) Oracle Workflow
12 2 (0.26%) CMS
12 2 (0.26%) K2 blackpearl
12 2 (0.26%) Tornado
Applications
1 33 (4.33%) Microsoft Excel
2 14 (1.83%) Microsoft Office
3 11 (1.44%) Sketch
4 8 (1.05%) Chatbot
5 4 (0.52%) Adobe After Effects
5 4 (0.52%) Adobe Illustrator
5 4 (0.52%) Adobe Premiere
5 4 (0.52%) Camtasia
5 4 (0.52%) OmniGraffle
5 4 (0.52%) UserZoom
6 3 (0.39%) Microsoft Project
6 3 (0.39%) Spreadsheet
7 2 (0.26%) Photoshop
8 1 (0.13%) Microsoft PowerPoint
8 1 (0.13%) MS Visio
Business Applications
1 13 (1.70%) ION MarketView
2 3 (0.39%) RMDS
3 2 (0.26%) Markit EDM
3 2 (0.26%) Oracle Cash Management
3 2 (0.26%) Oracle FAH
3 2 (0.26%) Oracle General Ledger
3 2 (0.26%) Oracle Receivables
3 2 (0.26%) PolarLake
3 2 (0.26%) SunGard Martini
4 1 (0.13%) FLEXCUBE
4 1 (0.13%) Front Arena
4 1 (0.13%) Misys Opics
4 1 (0.13%) Oracle AML
4 1 (0.13%) Oracle Assets
4 1 (0.13%) Oracle EBS
4 1 (0.13%) Oracle Payables
4 1 (0.13%) Oracle Subledger Accounting
4 1 (0.13%) Sophis RISQUE
4 1 (0.13%) Sparx Enterprise Architect
4 1 (0.13%) SunGard GMI
Cloud Services
1 134 (17.56%) AWS
2 109 (14.29%) Azure
3 100 (13.11%) GCP
4 14 (1.83%) OpenShift
5 11 (1.44%) PaaS
6 9 (1.18%) Serverless
7 8 (1.05%) IaaS
8 7 (0.92%) Amazon EC2
8 7 (0.92%) Amazon S3
8 7 (0.92%) AWS Lambda
8 7 (0.92%) Stackdriver
9 6 (0.79%) Cloud Computing
10 5 (0.66%) SaaS
11 4 (0.52%) Amazon ECS
11 4 (0.52%) Amazon SQS
11 4 (0.52%) SurveyMonkey
12 3 (0.39%) Azure Data Factory
12 3 (0.39%) Office 365
12 3 (0.39%) Power Platform
13 2 (0.26%) Azure Active Directory
Communications & Networking
1 13 (1.70%) RTMP
2 7 (0.92%) Firewall
3 6 (0.79%) HTTP
4 5 (0.66%) Multicast
5 4 (0.52%) BGP
5 4 (0.52%) FTP
5 4 (0.52%) OSPF
6 3 (0.39%) Cisco IOS
6 3 (0.39%) Cisco Nexus
6 3 (0.39%) Intranet
6 3 (0.39%) LAN
6 3 (0.39%) Network Security
6 3 (0.39%) NX-OS
6 3 (0.39%) VPN
6 3 (0.39%) Wireless
6 3 (0.39%) Wireshark
7 2 (0.26%) BIG-IP
7 2 (0.26%) IGMP
7 2 (0.26%) Junos
7 2 (0.26%) NAS
Database & Business Intelligence
1 93 (12.19%) SQL Server
2 57 (7.47%) Relational Database
3 46 (6.03%) MongoDB
4 34 (4.46%) Big Data
5 33 (4.33%) NoSQL
6 23 (3.01%) Data Warehouse
7 18 (2.36%) Redis
8 17 (2.23%) Oracle Database
9 15 (1.97%) Hazelcast
10 14 (1.83%) Hadoop
11 11 (1.44%) SQL Server Integration Services
12 9 (1.18%) KDB
12 9 (1.18%) MySQL
13 8 (1.05%) Oracle Database 11g
14 7 (0.92%) Amazon DynamoDB
14 7 (0.92%) Apache Hive
14 7 (0.92%) RDBMS
14 7 (0.92%) SQL Server Reporting Services
15 6 (0.79%) PostgreSQL
15 6 (0.79%) SQL Server Analysis Services
Development Applications
1 54 (7.08%) Git (software)
2 52 (6.82%) RStudio
3 34 (4.46%) JIRA
4 32 (4.19%) Subversion
5 29 (3.80%) JUnit
5 29 (3.80%) Maven
6 27 (3.54%) Jenkins
7 21 (2.75%) Visual Studio
8 17 (2.23%) NUnit
8 17 (2.23%) TeamCity
9 12 (1.57%) Artifactory
9 12 (1.57%) Axure RP
10 9 (1.18%) Gradle
11 7 (0.92%) Bitbucket
11 7 (0.92%) FitNesse
11 7 (0.92%) Mockito
12 6 (0.79%) Cucumber
13 5 (0.66%) Ant
13 5 (0.66%) Hudson
14 4 (0.52%) SonarQube
General
1 763 (100.00%) Banking
2 368 (48.23%) Finance
3 340 (44.56%) Front Office
4 51 (6.68%) Retail Banking
5 43 (5.64%) Retail
6 38 (4.98%) Corporate Banking
7 17 (2.23%) Back Office
8 15 (1.97%) Financial Institution
9 11 (1.44%) French Language
10 9 (1.18%) Legal
11 7 (0.92%) Marketing
12 5 (0.66%) German Language
12 5 (0.66%) Publishing
13 4 (0.52%) Prime Brokerage
13 4 (0.52%) Telecoms
14 2 (0.26%) General Ledger
15 1 (0.13%) Advertising
15 1 (0.13%) International Banking
15 1 (0.13%) Law
15 1 (0.13%) Spanish Language
Job Titles
1 509 (66.71%) Developer
2 221 (28.96%) Java Developer
3 106 (13.89%) AWS Developer
4 92 (12.06%) Senior Developer
5 84 (11.01%) Python Developer
6 79 (10.35%) AWS Engineer
7 63 (8.26%) Senior Java Developer
8 62 (8.13%) Analyst
9 59 (7.73%) C# Developer
10 57 (7.47%) Front Office Developer
11 54 (7.08%) Investment Banking Java Developer
12 39 (5.11%) JavaScript Developer
13 37 (4.85%) Business Analyst
14 36 (4.72%) Software Engineer
15 34 (4.46%) Developer/Software Engineer
15 34 (4.46%) Java Engineer
16 31 (4.06%) C# Developer - Investment Banking
16 31 (4.06%) Python Engineer
17 28 (3.67%) JavaScript Engineer
18 27 (3.54%) AWS Software Engineer
Libraries, Frameworks & Software Standards
1 151 (19.79%) Web Services
2 141 (18.48%) AngularJS
3 129 (16.91%) React
4 95 (12.45%) Vue.js
5 85 (11.14%) Spring
6 70 (9.17%) .NET
7 57 (7.47%) HTML
8 52 (6.82%) Middleware
9 48 (6.29%) Node.js
10 40 (5.24%) CSS
10 40 (5.24%) HTML5
11 38 (4.98%) WPF
12 34 (4.46%) J2EE
13 32 (4.19%) Hibernate
13 32 (4.19%) RESTful
14 27 (3.54%) Spring Boot
15 24 (3.15%) .NET Framework
15 24 (3.15%) JMS
16 22 (2.88%) REST
17 21 (2.75%) XML
Miscellaneous
1 232 (30.41%) Foreign Exchange (FX)
2 223 (29.23%) Fixed Income
3 173 (22.67%) Derivative
4 157 (20.58%) Equities
5 128 (16.78%) Hedge funds
6 82 (10.75%) Analytical Skills
7 49 (6.42%) User Experience
8 38 (4.98%) Credit Risk
9 21 (2.75%) Data Structures
10 18 (2.36%) Algorithms
11 17 (2.23%) Greenfield Project
12 15 (1.97%) Market Risk
13 12 (1.57%) Management Information System
14 11 (1.44%) Data Centre
15 9 (1.18%) Equity Derivative
16 8 (1.05%) Mobile App
16 8 (1.05%) Virtual Team
17 7 (0.92%) Mobile Banking
18 6 (0.79%) Blackberry
19 5 (0.66%) Grid Computing
Operating Systems
1 74 (9.70%) Linux
2 51 (6.68%) Windows
3 37 (4.85%) Unix
4 17 (2.23%) Windows Server
5 6 (0.79%) Windows 10
5 6 (0.79%) Windows 7
6 4 (0.52%) Apple iOS
7 3 (0.39%) Android
7 3 (0.39%) Mac OS
8 2 (0.26%) Red Hat Enterprise Linux
9 1 (0.13%) Oracle Linux
9 1 (0.13%) Solaris
9 1 (0.13%) Windows Server 2019
9 1 (0.13%) Windows XP
Processes & Methodologies
1 321 (42.07%) Agile Software Development
2 149 (19.53%) DevOps
3 147 (19.27%) Software Engineering
4 146 (19.13%) Asset Management
5 120 (15.73%) Business Analysis
6 109 (14.29%) Investment Management
7 103 (13.50%) Multithreading
8 87 (11.40%) TDD
9 83 (10.88%) SDLC
10 82 (10.75%) Decision-Making
11 79 (10.35%) Portfolio Management
12 78 (10.22%) Low Latency
13 72 (9.44%) Problem-Solving
14 62 (8.13%) Electronic Trading
15 58 (7.60%) Technical Analysis
16 57 (7.47%) Wealth Management
17 56 (7.34%) Analytics
18 51 (6.68%) Front End Development
18 51 (6.68%) Test Automation
19 50 (6.55%) Risk Management
Programming Languages
1 414 (54.26%) Java
2 225 (29.49%) Python
3 184 (24.12%) SQL
4 180 (23.59%) JavaScript
5 133 (17.43%) C#
6 79 (10.35%) C++
7 36 (4.72%) Java 8
8 28 (3.67%) TypeScript
9 22 (2.88%) Scala
10 18 (2.36%) VBA
11 17 (2.23%) T-SQL
12 13 (1.70%) Kotlin
12 13 (1.70%) Perl
13 12 (1.57%) ES6
14 10 (1.31%) C
15 9 (1.18%) Shell Script
16 8 (1.05%) R
17 7 (0.92%) PowerShell
17 7 (0.92%) VB
18 6 (0.79%) Bash Shell
Qualifications
1 49 (6.42%) Degree
2 26 (3.41%) Computer Science Degree
3 7 (0.92%) ITIL Certification
4 6 (0.79%) Microsoft Certification
4 6 (0.79%) Numerate Degree
5 4 (0.52%) Cisco Certification
6 3 (0.39%) CCNP
6 3 (0.39%) Master's Degree
6 3 (0.39%) PhD
7 2 (0.26%) CCNA
8 1 (0.13%) CCIE
8 1 (0.13%) CISA
8 1 (0.13%) CISM
8 1 (0.13%) CISSP
8 1 (0.13%) MBA
8 1 (0.13%) MOS
8 1 (0.13%) OCA
8 1 (0.13%) OCP
8 1 (0.13%) Oracle Certification
8 1 (0.13%) RHCE
Quality Assurance & Compliance
1 17 (2.23%) QA
2 9 (1.18%) Basel III
2 9 (1.18%) Data Quality
2 9 (1.18%) PMO
3 6 (0.79%) CRD IV
3 6 (0.79%) MiFID
4 5 (0.66%) Basel II
5 4 (0.52%) Dodd-Frank
5 4 (0.52%) EMIR
5 4 (0.52%) GDPR
6 2 (0.26%) IFRS
6 2 (0.26%) IFRS 9
6 2 (0.26%) SLA
7 1 (0.13%) COREP
7 1 (0.13%) FINREP
System Software
1 36 (4.72%) Docker
2 12 (1.57%) Active Directory
3 7 (0.92%) Virtual Desktop
4 3 (0.39%) GridGain
4 3 (0.39%) HDFS
5 2 (0.26%) Virtual Machines
5 2 (0.26%) VMware Infrastructure
6 1 (0.13%) ProxySG
Systems Management
1 38 (4.98%) Kubernetes
2 22 (2.88%) Ansible
3 16 (2.10%) Terraform
4 10 (1.31%) ITRS Geneos
5 4 (0.52%) BladeLogic
5 4 (0.52%) Puppet
6 3 (0.39%) Kibana
6 3 (0.39%) Opscode Chef
7 2 (0.26%) Cacti
7 2 (0.26%) Cisco Prime
7 2 (0.26%) Consul
7 2 (0.26%) Grafana
7 2 (0.26%) logstash
7 2 (0.26%) Mesos
7 2 (0.26%) Microsoft Intune
7 2 (0.26%) NetMRI
7 2 (0.26%) Prometheus
7 2 (0.26%) Rancher
7 2 (0.26%) Statseeker
7 2 (0.26%) ZABBIX
Vendors
1 89 (11.66%) Google
2 78 (10.22%) Oracle
3 54 (7.08%) Microsoft
4 41 (5.37%) Bloomberg
5 26 (3.41%) ION Trading
6 19 (2.49%) Sybase
7 14 (1.83%) Murex
8 13 (1.70%) Splunk
9 11 (1.44%) Reuters
10 10 (1.31%) DevExpress
10 10 (1.31%) IBM
11 9 (1.18%) Adobe
11 9 (1.18%) Atlassian
11 9 (1.18%) Citrix
11 9 (1.18%) Terracotta
12 8 (1.05%) Dynatrace
13 7 (0.92%) Sun
14 6 (0.79%) Solace
15 5 (0.66%) Cisco
15 5 (0.66%) TIBCO