Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multimedia
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

eFinancialCareers Releases Financial Services Tech Job Report for US, UK and Singapore on 20th Anniversary

This image opens in the lightbox

News provided by

DHI Group, Inc.

09 Sep, 2020, 13:00 GMT

Share this article

Share toX

Share this article

Share toX

Demand for Technologists Increasing, London Remains Stable Barometer

CENTENNIAL, Colorado, Sept. 9, 2020 /PRNewswire/ -- DHI Group, Inc. (NYSE: DHX) announced today that eFinancialCareers, the trusted specialist financial services platform, has released The Financial Services Tech Job Report as it celebrates its 20-year anniversary. The report analyses tech job postings from the first seven months of 2020 for three global financial markets: United Kingdom, Singapore and United States. eFinancialCareers is proud to lead the finance-tech recruitment space by partnering with the world's most respected financial organisations to provide unique industry insights and efficiently place best-in-class professionals.

Financial services tech hiring was trending positively across the UK, Singapore and the US in January and February of 2020, compared to 2019. The pandemic put an abrupt end to this momentum as office closures in Singapore, the UK and US during February and March led to negative trends in each market, specifically:

  • UK job postings are down 12% year-over-year, though job posting volumes have gradually increased from April to July, consistent with the UK's approach to reopening.
  • Singapore job postings are down 11% year-over-year, though volumes between June and July show growth as a result of the city state's emerging from its 'circuit breaker' lockdown.
  • While the US tech job posting volume within the financial services industry was relatively flat year-over-year (-5%), the country managed to gradually close the gap between monthly job posting levels in 2020 and 2019.
    • For more US-specific data: Competition Intensifies for Tech Talent in US Financial Services Market

London's Stability Illustrated by Ongoing Demand for Roles & Flat Decline
The UK's stability is best represented by London, which was virtually flat (-2%) in 2020 compared to 2019. London showed impressive stability in uncertain times while also posting over 57% of overall tech job postings from financial services organisations.

The ongoing strong demand for technologists in London comes despite suggestions that banks would recruit more heavily outside the city to cut costs.

UK City by 2020 Job Posting Volume

2020 Rank

City

1

London

2

Glasgow

3

Edinburgh

4

Belfast

5

Manchester

6

Birmingham

7

Bristol

8

Bournemouth

9

Leeds

10

Swindon

Desired Occupations & Skills Speak to Upcoming Competition for Talent
In the UK, the overall top occupations include software engineer, data analyst, business analyst and project manager, a possible indicator that firms are refocusing efforts on new projects to capitalise on the market and address shifting industry needs.

"Among financial institutions in the U.K., some of the fastest growing skills are related to development, data, security and infrastructure. Employers don't appear to be in a defensive mode; they're actively courting technologists to innovate ahead their competitors. While mainstream skills are still top of mind, an increase in artificial intelligence and cloud technologies will likely further encourage an increase in competition for highly skilled technologists," shared Art Zeile, CEO of DHI Group, parent company of eFinancialCareers.

The fastest growing occupation was security management specialist, reflecting the growing emphasis on data security and fraud. Software engineer was the number one ranked occupation for volume and also registered year-over-year growth of 8%.

UK Occupations by Job Posting Growth

Rank

Occupation

YoY Growth

1

Security Management Specialist

24%

2

Software Engineer

8%

3

Information Security Engineer

1%

UK Skills by Job Posting Growth

Rank

Skill

YoY Growth

1

C++

85%

2

TypeScript

83%

3

Microsoft Azure

71%

4

Kubernetes

71%

5

Artificial Intelligence

54%

6

Spring Boot

51%

7

Python

45%

8

Docker Software

42%

9

Software Architecture

37%

10

Application Support

34%

Top Financial Giants Ranked by Job Posting Volume
The UK's top hiring financial institutions include giants in the industry: JPMorgan Chase, Citi, HSBC, Barclays and RBS. Deutsche Bank and Bloomberg both showed significant ranking increases from 2019 to 2020; Deutsche Bank improved its rank by 10, Bloomberg improved by eight spots.

UK Employer by 2020 Job Posting Volume

2020 Rank

Change in Rank

Employer

1

+2

JPMorgan Chase

2

+3

Citi

3

-2

HSBC

4

-2

Barclays

5

+1

Royal Bank of Scotland

6

-2

Lloyds Banking Group

7

+10

Deutsche Bank

8

+8

Bloomberg

9

+4

Visa

10

-1

UBS

Read more on eFinancialCareers

Report Methodology
eFinancialCareers' Financial Services Tech Job Report focuses on the tech hiring activity within the financial services industry and reviews tech job posting volumes from the US, UK and Singapore (via Burning Glass Technologies). To add clarity, insurance organisations and professional services organisations such as the "Big 4" were removed. The data covers two primary datasets:

  • Comparisons between January 1st – July 31st of 2020 and 2019 in the US, UK and Singapore
  • Deep dives into the fastest growing locations, employers, occupations, and skills

Download The eFinancialCareers' Financial Services Report

  • Download the report
  • Press: Email efcmedia@efinancialcareers.com for an ungated copy of the full report

About eFinancialCareers
eFinancialCareers, a DHI Group, Inc. brand, is the world's leading financial services careers website, and the place to go for financial careers and talent. eFinancialCareers provides finance and tech professionals with the latest job opportunities, career information and invaluable industry insights they need to maximise their potential. The site connects them to roles within many of the world's most respected financial organisations. Through its recruitment solutions, eFinancialCareers provides financial services recruiters a vital competitive edge by enabling them to source the highly qualified professionals they need to achieve their strategic ambitions - quickly and efficiently. eFinancialCareers offers local websites in 19 markets across North America, Europe, Asia-Pacific, and the financial centres of the Middle East.

About DHI Group, Inc.
DHI Group, Inc (NYSE: DHX) is a provider of software products, online tools and services to deliver career marketplaces to candidates and employers globally. DHI's three brands—Dice, ClearanceJobs and eFinancialCareers— enable recruiters and hiring managers to efficiently search, match and connect with highly skilled technologists in specialised fields, particularly technology, those with active government security clearances and in financial services. Professionals find ideal employment opportunities, relevant job advice and personalised data to best manage their whole technologist life. For nearly 30 years, we have leveraged the latest technology to foster career connections in multiple markets including North America, Europe, the Middle East and the Asia Pacific region. Find out more at www.dhigroupinc.com.

Media Contact
Kristianna Sanders
efcmedia@efinancialcareers.com
1 (303) 562-0337

Logo - https://mma.prnewswire.com/media/1167308/eFinancialCareers_Logo.jpg

Related Links

https://dhigroupinc.com

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.