Period
to 19 August 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 19 August 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
19 Aug 2017
Same period 2016 Same period 2015
Rank 88 162 74
Rank change year-on-year +74 -88 -10
Contract jobs citing Investment Banking 2654 1796 3035
As % of all contract IT jobs advertised in the UK 2.75% 1.66% 2.69%
As % of the General category 6.99% 4.51% 6.80%
Number of daily rates quoted 2071 1426 2281
UK median daily rate £563 £550 £550
Median daily rate % change year-on-year +2.27% - +3.97%
10th Percentile £406 £363 £363
90th Percentile £700 £725 £688
UK excluding London median daily rate £425 £425 £400
% change year-on-year - +6.25% -5.88%
Number of hourly rates quoted 10 3 3
UK median hourly rate £17.25 £18.70 £40.00
Median hourly rate % change year-on-year -7.75% -53.25% +86.05%
10th Percentile £13.50 £14.14 £33.60
90th Percentile £44.79 £83.74 £88.00
UK excluding London median hourly rate £19.50 - -

Investment Banking is in the common skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies with a requirement for common skills.

General Skills
UK
Contract job vacancies with a requirement for common skills 37979 39827 44657
As % of all contract IT job vacancies advertised in the UK 39.39% 36.71% 39.63%
Number of daily rates quoted 24950 26458 28199
UK median daily rate £450 £450 £425
Median daily rate % change year-on-year - +5.88% -
10th Percentile £283 £263 £263
90th Percentile £650 £638 £625
UK excluding London median daily rate £410 £400 £400
% change year-on-year +2.50% - +6.67%
Number of hourly rates quoted 840 957 1160
UK median hourly rate £25.75 £23.75 £22.83
Median hourly rate % change year-on-year +8.42% +4.03% +1.47%
10th Percentile £11.75 £11.06 £10.50
90th Percentile £50.00 £47.50 £49.19
UK excluding London median hourly rate £27.50 £25.00 £26.00
% change year-on-year +10.00% -3.85% +4.00%

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 August 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
Contractor Hourly Rate Histogram

The hourly rate distribution of IT jobs citing Investment Banking over the 6 months to 19 August 2017.

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 19 August 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 +71 2538 £575 +4.55% 148
London +25 2417 £575 +4.55% 136
UK excluding London +122 234 £425 - 19
Northern Ireland -2 84 £413 +111.54% 1
North of England +80 45 £413 -2.94% 3
South East +6 30 £485 +7.78% 4
Scotland -2 29 £450 +20.00% 7
Yorkshire +41 26 £450 +12.50%
Midlands +44 24 £425 -10.53% 1
South West +21 22 £425 -6.85% 3
North West +32 18 £413 -2.94% 3
West Midlands +48 13 £500 +5.26%
East Midlands -10 11 £419 - 1
North East - 1 £225 -
Wales - 1 £400 -

For the 6 months to 19 August 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 2654 (100.00%) Banking
2 1349 (50.83%) Finance
3 852 (32.10%) Agile Software Development
4 790 (29.77%) Java
5 681 (25.66%) Front Office
6 633 (23.85%) SQL
7 376 (14.17%) Foreign Exchange (FX)
8 357 (13.45%) C#
9 315 (11.87%) Fixed Income
10 306 (11.53%) Linux
11 300 (11.30%) JavaScript
12 297 (11.19%) Python
13 288 (10.85%) Multithreading
14 282 (10.63%) Unix
15 280 (10.55%) Derivative
16 277 (10.44%) TDD
17 274 (10.32%) Analytical Skills
18 263 (9.91%) HTML
19 261 (9.83%) Equities
20 253 (9.53%) SQL Server
21 248 (9.34%) .NET
22 245 (9.23%) Project Management
23 242 (9.12%) Test Automation
24 240 (9.04%) AngularJS
25 238 (8.97%) C++
25 238 (8.97%) Oracle
26 234 (8.82%) SDLC
27 229 (8.63%) Electronic Trading
28 223 (8.40%) HTML5
29 214 (8.06%) MiFID

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 94 (3.54%) Apache Spark
2 43 (1.62%) Apache
2 43 (1.62%) Confluence
3 29 (1.09%) Elasticsearch
4 28 (1.06%) Oracle Coherence
5 25 (0.94%) SharePoint
6 24 (0.90%) Tomcat
7 17 (0.64%) Mule
8 14 (0.53%) Apache Solr
8 14 (0.53%) MQSeries
9 10 (0.38%) WebSphere
10 9 (0.34%) Apache Pig
10 9 (0.34%) JBoss
10 9 (0.34%) MS Exchange
11 8 (0.30%) IIS
11 8 (0.30%) SAS
12 7 (0.26%) Oracle Workflow
13 6 (0.23%) DataSynapse
13 6 (0.23%) nginx
13 6 (0.23%) Umbraco
Applications
1 117 (4.41%) Microsoft Excel
2 67 (2.52%) Microsoft Office
3 43 (1.62%) Microsoft PowerPoint
4 30 (1.13%) Microsoft Project
5 29 (1.09%) MS Visio
6 17 (0.64%) Spreadsheet
7 1 (0.038%) Adobe Illustrator
7 1 (0.038%) InVision
7 1 (0.038%) OmniGraffle
7 1 (0.038%) Photoshop
Business Applications
1 33 (1.24%) ION MarketView
2 20 (0.75%) Salesforce.com CRM
3 12 (0.45%) Actimize
4 10 (0.38%) Summit
5 9 (0.34%) RMDS
6 6 (0.23%) Dynamics CRM
6 6 (0.23%) IntelliMatch
7 5 (0.19%) Loan IQ
8 4 (0.15%) Bloomberg TOMS
8 4 (0.15%) CA PPM
8 4 (0.15%) Markit EDM
8 4 (0.15%) SunGard GMI
9 3 (0.11%) Global One
9 3 (0.11%) Oracle Subledger Accounting
9 3 (0.11%) SunGard Martini
9 3 (0.11%) thinkFolio
10 2 (0.075%) Dynamics AX
10 2 (0.075%) Orchestrade
10 2 (0.075%) Sentinel
10 2 (0.075%) SimCorp Dimension
Cloud Services
1 48 (1.81%) Amazon AWS
2 33 (1.24%) Microsoft Azure
3 9 (0.34%) Office 365
4 8 (0.30%) GitHub
5 7 (0.26%) Google Cloud Platform
5 7 (0.26%) IaaS
5 7 (0.26%) PaaS
6 6 (0.23%) OpenShift
7 5 (0.19%) Cloud Computing
7 5 (0.19%) SaaS
8 4 (0.15%) Adobe Analytics
8 4 (0.15%) Azure Active Directory
8 4 (0.15%) OpenDNS
9 3 (0.11%) Cortana Intelligence Suite
9 3 (0.11%) Slack
9 3 (0.11%) Trello
10 2 (0.075%) Force.com
10 2 (0.075%) OneDrive
11 1 (0.038%) Amazon EC2
11 1 (0.038%) Heroku
Communications & Networking
1 26 (0.98%) Firewall
1 26 (0.98%) TCP/IP
2 20 (0.75%) SAN
3 17 (0.64%) Internet
4 16 (0.60%) DNS
5 14 (0.53%) SSL
6 12 (0.45%) LAN
7 10 (0.38%) FIX Connectivity
7 10 (0.38%) HTTP
7 10 (0.38%) NAS
7 10 (0.38%) WAN
8 8 (0.30%) Network Security
9 6 (0.23%) Cisco IOS
9 6 (0.23%) DHCP
9 6 (0.23%) Intranet
9 6 (0.23%) Skype
10 5 (0.19%) BIG-IP
10 5 (0.19%) Kerberos
10 5 (0.19%) LDAP
11 4 (0.15%) SSH
Database & Business Intelligence
1 253 (9.53%) SQL Server
2 135 (5.09%) Big Data
3 122 (4.60%) Hadoop
4 118 (4.45%) Relational Database
5 92 (3.47%) NoSQL
6 77 (2.90%) MongoDB
7 60 (2.26%) Data Warehouse
8 52 (1.96%) SQL Server 2008
9 50 (1.88%) SQL Server Integration Services
10 42 (1.58%) Oracle Database
10 42 (1.58%) SQL Server Reporting Services
11 39 (1.47%) RDBMS
12 31 (1.17%) DB2
13 30 (1.13%) KDB
14 25 (0.94%) QlikView
14 25 (0.94%) SQL Server 2016
14 25 (0.94%) SQL Server Analysis Services
15 19 (0.72%) Data Mining
15 19 (0.72%) HBase
16 18 (0.68%) Oracle Database 11g
Development Applications
1 145 (5.46%) JIRA
2 97 (3.65%) Git (software)
3 70 (2.64%) TeamCity
4 64 (2.41%) Jenkins
5 58 (2.19%) Subversion
6 53 (2.00%) Maven
7 43 (1.62%) Selenium
8 33 (1.24%) JUnit
9 27 (1.02%) NUnit
9 27 (1.02%) Visual Studio
10 23 (0.87%) Cucumber
11 22 (0.83%) WebDriver
12 20 (0.75%) Gradle
13 18 (0.68%) Mocha
13 18 (0.68%) Mockito
14 16 (0.60%) Bitbucket
14 16 (0.60%) ERwin
15 14 (0.53%) Eclipse
16 13 (0.49%) IntelliJ
16 13 (0.49%) Sonatype Nexus
General
1 2654 (100.00%) Banking
2 1349 (50.83%) Finance
3 681 (25.66%) Front Office
4 99 (3.73%) Back Office
5 90 (3.39%) Financial Institution
6 85 (3.20%) Retail
7 63 (2.37%) Legal
8 54 (2.03%) Retail Banking
9 34 (1.28%) Private Banking
10 15 (0.57%) Corporate Banking
11 11 (0.41%) Billing
12 10 (0.38%) Advertising
12 10 (0.38%) Prime Brokerage
13 8 (0.30%) General Ledger
14 7 (0.26%) French Language
15 6 (0.23%) Pharmaceutical
16 4 (0.15%) Games
16 4 (0.15%) German Language
16 4 (0.15%) Law
16 4 (0.15%) Telecoms
Job Titles
1 1268 (47.78%) Developer
2 575 (21.67%) Analyst
3 511 (19.25%) Java Developer
4 355 (13.38%) Business Analyst
5 234 (8.82%) Senior Developer
6 223 (8.40%) Project Manager
7 202 (7.61%) C# Developer
8 155 (5.84%) Banking Analyst
9 148 (5.58%) Investment Banking Java Developer
10 141 (5.31%) Senior Java Developer
11 113 (4.26%) Agile Developer
12 110 (4.14%) C++ Developer
13 109 (4.11%) JavaScript Developer
14 105 (3.96%) .NET Developer
15 101 (3.81%) Agile Java Developer
15 101 (3.81%) Investment Banking Business Analyst
16 98 (3.69%) Architect
16 98 (3.69%) Python Developer
17 93 (3.50%) Front Office Developer
18 91 (3.43%) SQL Developer
Libraries, Frameworks & Software Standards
1 263 (9.91%) HTML
2 248 (9.34%) .NET
3 240 (9.04%) AngularJS
4 223 (8.40%) HTML5
5 142 (5.35%) CSS
6 129 (4.86%) Spring
7 115 (4.33%) XML
8 106 (3.99%) Node.js
9 96 (3.62%) React
10 92 (3.47%) FIX Protocol
11 88 (3.32%) WPF
12 80 (3.01%) REST
13 69 (2.60%) Middleware
14 59 (2.22%) Hibernate
15 56 (2.11%) WCF
16 53 (2.00%) Web Services
17 51 (1.92%) RESTful
18 46 (1.73%) CSS3
19 44 (1.66%) ASP.NET
20 42 (1.58%) J2SE
Miscellaneous
1 376 (14.17%) Foreign Exchange (FX)
2 315 (11.87%) Fixed Income
3 280 (10.55%) Derivative
4 274 (10.32%) Analytical Skills
5 261 (9.83%) Equities
6 135 (5.09%) Market Risk
7 129 (4.86%) Greenfield Project
8 101 (3.81%) Virtual Team
9 95 (3.58%) Credit Risk
10 89 (3.35%) Equity Derivative
11 85 (3.20%) Data Structures
12 78 (2.94%) Fintech
13 75 (2.83%) Computer Science
14 72 (2.71%) Management Information System
15 63 (2.37%) Hedge funds
16 53 (2.00%) User Experience
17 51 (1.92%) Algorithms
18 44 (1.66%) OTC Derivatives
19 39 (1.47%) Reference Data
20 34 (1.28%) Mobile Banking
Operating Systems
1 306 (11.53%) Linux
2 282 (10.63%) Unix
3 198 (7.46%) Windows
4 44 (1.66%) Red Hat Enterprise Linux
5 37 (1.39%) Solaris
6 24 (0.90%) Windows Server
7 17 (0.64%) Windows Server 2012
8 16 (0.60%) Windows Server 2008
9 15 (0.57%) Windows 7
10 11 (0.41%) Apple iOS
11 8 (0.30%) Android
12 7 (0.26%) AIX
12 7 (0.26%) Windows 8
13 4 (0.15%) Mac OS
13 4 (0.15%) SUSE
13 4 (0.15%) SUSE Linux Enterprise Server
14 3 (0.11%) Windows 10
15 2 (0.075%) Windows Server 2003
16 1 (0.038%) Ubuntu
16 1 (0.038%) Windows 2000 Server
Processes & Methodologies
1 852 (32.10%) Agile Software Development
2 288 (10.85%) Multithreading
3 277 (10.44%) TDD
4 245 (9.23%) Project Management
5 242 (9.12%) Test Automation
6 234 (8.82%) SDLC
7 229 (8.63%) Electronic Trading
8 213 (8.03%) OO
9 204 (7.69%) Risk Management
10 203 (7.65%) Stakeholder Management
11 200 (7.54%) Low Latency
12 197 (7.42%) Business Analysis
13 176 (6.63%) Scrum
14 167 (6.29%) Investment Management
15 146 (5.50%) Migration
16 143 (5.39%) DevOps
17 142 (5.35%) Analytics
18 123 (4.63%) Wealth Management
19 121 (4.56%) Continuous Integration
20 116 (4.37%) Asset Management
Programming Languages
1 790 (29.77%) Java
2 633 (23.85%) SQL
3 357 (13.45%) C#
4 300 (11.30%) JavaScript
5 297 (11.19%) Python
6 238 (8.97%) C++
7 117 (4.41%) Scala
8 83 (3.13%) Perl
9 70 (2.64%) VBA
10 62 (2.34%) PowerShell
11 61 (2.30%) TypeScript
12 54 (2.03%) Shell Script
13 43 (1.62%) C
13 43 (1.62%) PL/SQL
14 39 (1.47%) T-SQL
15 29 (1.09%) ES6
16 26 (0.98%) Bash Shell
17 21 (0.79%) R
18 19 (0.72%) Ruby
19 18 (0.68%) Korn
Qualifications
1 178 (6.71%) Degree
2 40 (1.51%) Computer Science Degree
3 39 (1.47%) PhD
4 28 (1.06%) PMI Certification
4 28 (1.06%) PMP
5 20 (0.75%) Numerate Degree
6 17 (0.64%) Cisco Certification
7 16 (0.60%) SC Cleared
7 16 (0.60%) Security Cleared
8 14 (0.53%) CCNP
8 14 (0.53%) Microsoft Certification
9 13 (0.49%) ISEB
9 13 (0.49%) ITIL Certification
10 12 (0.45%) CISA
10 12 (0.45%) CISSP
10 12 (0.45%) Master's Degree
10 12 (0.45%) MCSE
10 12 (0.45%) PRINCE2 Certification
11 9 (0.34%) CCNA
11 9 (0.34%) CRISC
Quality Assurance & Compliance
1 214 (8.06%) MiFID
2 96 (3.62%) QA
3 58 (2.19%) EMIR
4 45 (1.70%) PMO
5 26 (0.98%) Data Quality
6 20 (0.75%) Dodd-Frank
7 16 (0.60%) SLA
8 15 (0.57%) Basel III
9 13 (0.49%) FATCA
10 12 (0.45%) ISO 20022
11 11 (0.41%) IFRS
12 10 (0.38%) GDPR
13 7 (0.26%) IFRS 9
14 6 (0.23%) COBIT
14 6 (0.23%) COREP
14 6 (0.23%) FINREP
14 6 (0.23%) Sarbanes-Oxley
15 5 (0.19%) CRD IV
15 5 (0.19%) ISO/IEC 27001
15 5 (0.19%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
System Software
1 54 (2.03%) Docker
2 31 (1.17%) VMware Infrastructure
3 22 (0.83%) Active Directory
4 10 (0.38%) XenApp
5 9 (0.34%) HDFS
6 8 (0.30%) Hyper-V
6 8 (0.30%) NFS
6 8 (0.30%) vCloud
6 8 (0.30%) vSphere
6 8 (0.30%) XenDesktop
7 7 (0.26%) Virtual Machines
8 5 (0.19%) VMware ESXi
9 4 (0.15%) GPFS
9 4 (0.15%) LXC
9 4 (0.15%) Platform Symphony
9 4 (0.15%) SRDF
10 3 (0.11%) Microsoft App-V
10 3 (0.11%) Varnish
10 3 (0.11%) Veritas Cluster Server
10 3 (0.11%) Veritas Volume Manager
Systems Management
1 34 (1.28%) Ansible
2 28 (1.06%) Puppet
3 20 (0.75%) ITRS Geneos
4 15 (0.57%) Opscode Chef
5 14 (0.53%) vRealize
6 13 (0.49%) Cisco CUCM
6 13 (0.49%) Control-M
6 13 (0.49%) TIBCO Hawk
7 12 (0.45%) PowerCLI
8 11 (0.41%) Kubernetes
9 8 (0.30%) HP Quality Center
10 7 (0.26%) Rancher
11 6 (0.23%) BladeLogic
11 6 (0.23%) SCCM
12 5 (0.19%) NetBackup
12 5 (0.19%) ZABBIX
13 4 (0.15%) EMC NetWorker
13 4 (0.15%) Failover Clustering
13 4 (0.15%) Microsoft Clustering
13 4 (0.15%) vCenter Server
Vendors
1 238 (8.97%) Oracle
2 145 (5.46%) Microsoft
3 102 (3.84%) Sybase
4 60 (2.26%) ION Trading
5 56 (2.11%) Bloomberg
6 53 (2.00%) Murex
6 53 (2.00%) TIBCO
7 48 (1.81%) Salesforce.com
8 46 (1.73%) IBM
9 43 (1.62%) VMware
10 38 (1.43%) Red Hat
11 37 (1.39%) Reuters
12 36 (1.36%) Cisco
13 34 (1.28%) HP
14 33 (1.24%) Informatica
15 25 (0.94%) Google
16 24 (0.90%) Citrix
17 23 (0.87%) ServiceNow
18 20 (0.75%) Splunk
19 17 (0.64%) Tableau