Period
to 19 January 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 19 January 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
19 Jan 2019
Same period 2018 Same period 2017
Rank 190 108 157
Rank change year-on-year -82 +49 -80
Contract jobs citing Investment Banking 1,435 2,323 1,718
As % of all contract IT jobs advertised in the UK 1.45% 2.32% 1.77%
As % of the General category 4.02% 5.96% 4.86%
Number of daily rates quoted 1,126 1,758 1,334
UK median daily rate £590 £575 £575
Median daily rate % change year-on-year +2.61% - +4.55%
10th Percentile £381 £413 £405
90th Percentile £750 £725 £700
UK excluding London median daily rate £425 £440 £400
% change year-on-year -3.41% +10.00% -5.88%
Number of hourly rates quoted 6 7 0
UK median hourly rate £15.00 £15.00 -
UK excluding London median hourly rate £15.00 £14.43 -
% change year-on-year +3.95% - -

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 35,684 38,966 35,357
As % of all contract IT jobs advertised in the UK 36.14% 38.88% 36.48%
Number of daily rates quoted 23,413 25,812 23,449
UK median daily rate £488 £475 £450
Median daily rate % change year-on-year +2.63% +5.56% +5.88%
10th Percentile £300 £278 £263
90th Percentile £675 £669 £638
UK excluding London median daily rate £425 £413 £400
% change year-on-year +3.03% +3.13% -
Number of hourly rates quoted 789 864 902
UK median hourly rate £25.00 £26.00 £25.00
Median hourly rate % change year-on-year -3.85% +4.00% -5.66%
10th Percentile £12.49 £12.25 £11.32
90th Percentile £51.71 £48.75 £47.00
UK excluding London median hourly rate £25.12 £26.87 £25.00
% change year-on-year -6.50% +7.46% -9.09%

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 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
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 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 -95 1,304 £600 +4.35% 155
London -46 1,197 £600 +2.56% 148
UK excluding London +16 233 £425 -3.41% 15
Scotland +67 111 £425 - 7
North of England -9 61 £475 +5.56%
North West +35 51 £475 +20.63%
South East +2 28 £519 -1.19% 4
Yorkshire -44 10 £475 +2.70%
Midlands -10 9 £525 +7.69% 3
Northern Ireland -18 9 £340 -22.73% 1
South West -30 8 £410 -3.53%
Wales -12 7 £350 -
East Midlands +12 6 £613 -20.97% 2
West Midlands -11 3 £450 -5.26% 1

For the 6 months to 19 January 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 1,435 (100.00%) Banking
2 629 (43.83%) Finance
3 499 (34.77%) Agile Software Development
4 397 (27.67%) Java
5 385 (26.83%) SQL
6 342 (23.83%) Front Office
7 224 (15.61%) C#
8 190 (13.24%) Fixed Income
9 189 (13.17%) SQL Server
10 187 (13.03%) Unix
11 173 (12.06%) .NET
12 163 (11.36%) Oracle
12 163 (11.36%) TDD
13 161 (11.22%) Linux
13 161 (11.22%) Spring
14 152 (10.59%) JavaScript
15 150 (10.45%) Relational Database
16 148 (10.31%) Python
17 140 (9.76%) Multithreading
18 123 (8.57%) Analytical Skills
19 120 (8.36%) JIRA
20 119 (8.29%) Derivative
21 114 (7.94%) Degree
22 113 (7.87%) Continuous Integration
23 112 (7.80%) SDLC
24 105 (7.32%) Risk Management
25 104 (7.25%) Stakeholder Management
25 104 (7.25%) Scrum
25 104 (7.25%) NoSQL
26 102 (7.11%) 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 55 (3.83%) Apache
2 37 (2.58%) Confluence
3 36 (2.51%) Mule
4 29 (2.02%) SharePoint
5 25 (1.74%) Apache Spark
6 23 (1.60%) JBoss
7 22 (1.53%) IIS
8 13 (0.91%) Elasticsearch
8 13 (0.91%) SharePoint 2013
9 11 (0.77%) Tomcat
9 11 (0.77%) WebLogic
9 11 (0.77%) WebSphere
10 10 (0.70%) CMS
11 7 (0.49%) Jetty
11 7 (0.49%) Oracle Coherence
12 4 (0.28%) Blackberry Enterprise Server
12 4 (0.28%) DataSynapse
12 4 (0.28%) Oracle SOA Suite
12 4 (0.28%) SAS
12 4 (0.28%) Skype for Business
Applications
1 74 (5.16%) Microsoft Excel
2 28 (1.95%) Microsoft Office
3 22 (1.53%) Microsoft PowerPoint
4 18 (1.25%) Spreadsheet
5 10 (0.70%) MS Visio
6 9 (0.63%) Microsoft Project
7 6 (0.42%) InVision
8 2 (0.14%) Acrobat
8 2 (0.14%) Adobe Illustrator
8 2 (0.14%) Chatbot
8 2 (0.14%) Photoshop
8 2 (0.14%) Pixate
9 1 (0.070%) Adobe Creative Suite
9 1 (0.070%) Blender
9 1 (0.070%) InDesign
9 1 (0.070%) UserZoom
Business Applications
1 7 (0.49%) Dynamics AX
2 6 (0.42%) ION MarketView
3 5 (0.35%) Actimize
3 5 (0.35%) Eikon
4 4 (0.28%) Dynamics CRM
5 3 (0.21%) PeopleSoft HRMS
6 2 (0.14%) BusinessWorks
6 2 (0.14%) CA PPM
6 2 (0.14%) Global One
6 2 (0.14%) Kondor
6 2 (0.14%) Loan IQ
6 2 (0.14%) Oracle Financials
6 2 (0.14%) PeopleSoft HCM
6 2 (0.14%) Salesforce.com CRM
6 2 (0.14%) Temenos T24
7 1 (0.070%) IntelliMatch
7 1 (0.070%) Markit EDM
7 1 (0.070%) Northgate Housing
7 1 (0.070%) Oracle AML
7 1 (0.070%) Oracle Subledger Accounting
Cloud Services
1 66 (4.60%) Amazon AWS
2 60 (4.18%) Microsoft Azure
3 13 (0.91%) Google Cloud Platform
3 13 (0.91%) Office 365
4 11 (0.77%) npm
5 10 (0.70%) IaaS
6 7 (0.49%) GitHub
6 7 (0.49%) PaaS
7 6 (0.42%) Cloud Computing
7 6 (0.42%) Stackdriver
8 4 (0.28%) Amazon EC2
8 4 (0.28%) Amazon Glacier
8 4 (0.28%) Amazon S3
8 4 (0.28%) Azure Active Directory
9 3 (0.21%) Azure Data Factory
9 3 (0.21%) Dynamics 365
9 3 (0.21%) OneDrive
9 3 (0.21%) SaaS
10 2 (0.14%) Adobe Creative Cloud
10 2 (0.14%) Data Lake Analytics
Communications & Networking
1 27 (1.88%) Firewall
2 16 (1.11%) LAN
3 14 (0.98%) WAN
4 13 (0.91%) HTTP
5 12 (0.84%) DMZ
5 12 (0.84%) SSL
6 11 (0.77%) SAN
7 9 (0.63%) Cisco IOS
7 9 (0.63%) VPN
8 8 (0.56%) DNS
8 8 (0.56%) Internet
8 8 (0.56%) Kerberos
9 7 (0.49%) DHCP
9 7 (0.49%) NAS
9 7 (0.49%) Network Security
9 7 (0.49%) TCP/IP
9 7 (0.49%) VLAN
10 6 (0.42%) Intranet
10 6 (0.42%) VSAN
11 5 (0.35%) Telepresence
Database & Business Intelligence
1 189 (13.17%) SQL Server
2 150 (10.45%) Relational Database
3 104 (7.25%) NoSQL
4 71 (4.95%) Data Warehouse
5 67 (4.67%) MongoDB
6 62 (4.32%) RDBMS
7 52 (3.62%) Oracle Database
8 45 (3.14%) SQL Server Reporting Services
9 43 (3.00%) SQL Server Integration Services
10 31 (2.16%) Hadoop
11 28 (1.95%) Big Data
12 21 (1.46%) Oracle Database 11g
13 20 (1.39%) SQL Server 2008
14 17 (1.18%) MySQL
15 16 (1.11%) Data Mining
16 15 (1.05%) BusinessObjects
16 15 (1.05%) SQL Server Analysis Services
17 14 (0.98%) Oracle Reports
18 12 (0.84%) QlikView
19 11 (0.77%) Oracle Database 12c
Development Applications
1 120 (8.36%) JIRA
2 98 (6.83%) Subversion
3 75 (5.23%) Git (software)
4 57 (3.97%) Jenkins
5 53 (3.69%) Maven
6 50 (3.48%) JUnit
7 49 (3.41%) TeamCity
8 39 (2.72%) Atlassian Bamboo
9 34 (2.37%) Cucumber
10 31 (2.16%) Bitbucket
11 23 (1.60%) Eclipse
11 23 (1.60%) Mockito
12 19 (1.32%) Selenium
13 17 (1.18%) Ant
14 15 (1.05%) Visual Studio
15 12 (0.84%) Gradle
15 12 (0.84%) Hudson
16 9 (0.63%) ERwin
16 9 (0.63%) IntelliJ
16 9 (0.63%) jMock
General
1 1,435 (100.00%) Banking
2 629 (43.83%) Finance
3 342 (23.83%) Front Office
4 72 (5.02%) Financial Institution
5 53 (3.69%) Law
6 40 (2.79%) Back Office
7 27 (1.88%) Telecoms
8 23 (1.60%) Retail Banking
9 15 (1.05%) Legal
10 11 (0.77%) Publishing
11 10 (0.70%) Marketing
12 9 (0.63%) Retail
13 7 (0.49%) Private Banking
14 5 (0.35%) Advertising
14 5 (0.35%) Corporate Banking
15 4 (0.28%) Billing
15 4 (0.28%) Spanish Language
16 3 (0.21%) General Ledger
16 3 (0.21%) Prime Brokerage
17 2 (0.14%) International Banking
Job Titles
1 699 (48.71%) Developer
2 275 (19.16%) Java Developer
3 195 (13.59%) Analyst
4 139 (9.69%) C# Developer
5 124 (8.64%) Business Analyst
6 114 (7.94%) Senior Developer
7 82 (5.71%) Project Manager
8 61 (4.25%) Architect
8 61 (4.25%) Front Office Developer
9 60 (4.18%) Banking Analyst
9 60 (4.18%) Python Developer
10 53 (3.69%) Senior Java Developer
11 44 (3.07%) Consultant
11 44 (3.07%) Full Stack Developer
11 44 (3.07%) Investment Banking Java Developer
11 44 (3.07%) SQL Developer
12 42 (2.93%) .NET Developer
13 35 (2.44%) WPF Developer
14 34 (2.37%) Integration Developer
15 29 (2.02%) Administrator
Libraries, Frameworks & Software Standards
1 173 (12.06%) .NET
2 161 (11.22%) Spring
3 96 (6.69%) HTML
4 90 (6.27%) REST
5 86 (5.99%) AngularJS
6 82 (5.71%) Middleware
7 71 (4.95%) WPF
8 69 (4.81%) Node.js
8 69 (4.81%) XML
9 67 (4.67%) CSS
9 67 (4.67%) Hibernate
10 66 (4.60%) React
11 63 (4.39%) Web Services
12 53 (3.69%) .NET Framework
12 53 (3.69%) J2EE
13 48 (3.34%) HTML5
14 44 (3.07%) Reactive Extensions
15 43 (3.00%) Apache Camel
15 43 (3.00%) FIX Protocol
16 40 (2.79%) ASP.NET
Miscellaneous
1 190 (13.24%) Fixed Income
2 123 (8.57%) Analytical Skills
3 119 (8.29%) Derivative
4 98 (6.83%) Foreign Exchange (FX)
5 85 (5.92%) Equities
6 76 (5.30%) Greenfield Project
7 57 (3.97%) Market Risk
8 55 (3.83%) Enterprise Software
9 43 (3.00%) Fintech
10 41 (2.86%) Credit Risk
11 37 (2.58%) Hedge funds
12 34 (2.37%) User Experience
13 32 (2.23%) Data Centre
14 29 (2.02%) Virtual Team
15 25 (1.74%) Self-Motivation
16 21 (1.46%) OTC Derivatives
17 20 (1.39%) Algorithms
18 18 (1.25%) Equity Derivative
19 17 (1.18%) Credit Derivative
19 17 (1.18%) Management Information System
Operating Systems
1 187 (13.03%) Unix
2 161 (11.22%) Linux
3 102 (7.11%) Windows
4 37 (2.58%) Windows Server
5 29 (2.02%) Windows Server 2012
6 24 (1.67%) Red Hat Enterprise Linux
7 19 (1.32%) Apple iOS
8 16 (1.11%) Solaris
9 11 (0.77%) Windows 7
10 10 (0.70%) Windows 10
11 6 (0.42%) Android
12 5 (0.35%) Mac OS
13 3 (0.21%) Windows Server 2008
14 2 (0.14%) Oracle Linux
15 1 (0.070%) AIX
15 1 (0.070%) Windows Server 2003
Processes & Methodologies
1 499 (34.77%) Agile Software Development
2 163 (11.36%) TDD
3 140 (9.76%) Multithreading
4 113 (7.87%) Continuous Integration
5 112 (7.80%) SDLC
6 105 (7.32%) Risk Management
7 104 (7.25%) Scrum
7 104 (7.25%) Stakeholder Management
8 99 (6.90%) Problem-Solving
9 90 (6.27%) Wealth Management
10 86 (5.99%) Low Latency
11 85 (5.92%) Project Management
12 84 (5.85%) User Acceptance Testing
13 81 (5.64%) DevOps
14 78 (5.44%) Electronic Trading
15 75 (5.23%) OO
16 74 (5.16%) Business Analysis
16 74 (5.16%) Migration
17 73 (5.09%) Data Modelling
17 73 (5.09%) Test Automation
Programming Languages
1 397 (27.67%) Java
2 385 (26.83%) SQL
3 224 (15.61%) C#
4 152 (10.59%) JavaScript
5 148 (10.31%) Python
6 65 (4.53%) Java 8
7 54 (3.76%) PL/SQL
8 52 (3.62%) T-SQL
9 49 (3.41%) C++
10 35 (2.44%) PowerShell
11 34 (2.37%) Perl
12 33 (2.30%) Shell Script
12 33 (2.30%) VBA
13 32 (2.23%) Scala
14 20 (1.39%) R
15 13 (0.91%) Bash Shell
16 12 (0.84%) TypeScript
17 10 (0.70%) VB
18 9 (0.63%) Haskell
19 8 (0.56%) C
Qualifications
1 114 (7.94%) Degree
2 26 (1.81%) Computer Science Degree
3 23 (1.60%) PhD
4 19 (1.32%) Security Cleared
5 17 (1.18%) CISSP
5 17 (1.18%) Numerate Degree
6 16 (1.11%) Cisco Certification
7 15 (1.05%) CCNP
7 15 (1.05%) PRINCE2 Certification
8 14 (0.98%) ITIL Foundation Certificate
9 12 (0.84%) CCIE
9 12 (0.84%) CISM
10 10 (0.70%) SC Cleared
11 8 (0.56%) Master's Degree
12 7 (0.49%) CISA
12 7 (0.49%) ITIL Certification
13 6 (0.42%) DV Cleared
13 6 (0.42%) VCAP
13 6 (0.42%) VCDX
13 6 (0.42%) VMware Certified Professional (VCP)
Quality Assurance & Compliance
1 55 (3.83%) QA
2 29 (2.02%) Data Quality
3 24 (1.67%) MiFID
4 18 (1.25%) PMO
5 12 (0.84%) Basel III
5 12 (0.84%) EMIR
5 12 (0.84%) SLA
6 8 (0.56%) Dodd-Frank
7 5 (0.35%) IFRS
7 5 (0.35%) IFRS 9
7 5 (0.35%) ISO/IEC 27001
7 5 (0.35%) PSD2
8 4 (0.28%) GDPR
9 2 (0.14%) ISO 9000
9 2 (0.14%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
9 2 (0.14%) PA-DSS
9 2 (0.14%) PCI DSS
10 1 (0.070%) IAS 39
10 1 (0.070%) Sarbanes-Oxley
10 1 (0.070%) Solvency II
System Software
1 49 (3.41%) Docker
2 37 (2.58%) Active Directory
3 21 (1.46%) VMware Infrastructure
4 9 (0.63%) XenDesktop
5 8 (0.56%) vSphere
6 7 (0.49%) Oracle RAC
7 6 (0.42%) Veritas Cluster Server
8 5 (0.35%) Virtual Desktop
9 4 (0.28%) XenApp
10 3 (0.21%) VMware ESXi
10 3 (0.21%) XenServer
11 2 (0.14%) Hyper-V
11 2 (0.14%) LXC
11 2 (0.14%) Virtual Machines
12 1 (0.070%) Firmware
12 1 (0.070%) HDFS
12 1 (0.070%) ProxySG
12 1 (0.070%) VMware Server
12 1 (0.070%) VMware Workstation
Systems Management
1 31 (2.16%) Kubernetes
2 22 (1.53%) Ansible
3 13 (0.91%) Puppet
4 12 (0.84%) IBM BigFix
4 12 (0.84%) Opscode Chef
5 11 (0.77%) Rancher
6 10 (0.70%) HP ALM
7 8 (0.56%) Kibana
7 8 (0.56%) Single Sign-On
8 7 (0.49%) ITRS Geneos
9 6 (0.42%) Control-M
9 6 (0.42%) SCCM
9 6 (0.42%) Tivoli
10 5 (0.35%) CA Single Sign-On
10 5 (0.35%) Cisco CUCM
11 3 (0.21%) NetBackup
12 2 (0.14%) Backup Exec
12 2 (0.14%) Cobbler
12 2 (0.14%) HP Quality Center
12 2 (0.14%) Nagios
Vendors
1 163 (11.36%) Oracle
2 100 (6.97%) Microsoft
3 41 (2.86%) Sybase
4 31 (2.16%) Murex
5 28 (1.95%) Tableau
6 27 (1.88%) VMware
7 24 (1.67%) Bloomberg
7 24 (1.67%) Google
8 21 (1.46%) HP
9 20 (1.39%) Cisco
9 20 (1.39%) Reuters
10 19 (1.32%) IBM
10 19 (1.32%) Red Hat
11 18 (1.25%) TIBCO
12 17 (1.18%) Citrix
13 16 (1.11%) Informatica
14 15 (1.05%) Splunk
14 15 (1.05%) UiPath
15 14 (0.98%) Atlassian
16 13 (0.91%) SAP