According to The IT Job Board, recruitment in investment banking IT positions showed a surprising increase of 50% during Q2 with hedge fund positions also doubling during the same period.
Adam Stokes, operations manager at The IT Job Board, said: "Surprisingly we are seeing a surge in demand for financial IT workers, but this could be due to the work being put into develop systems that allow for better risk."
He continued: "The good news is that we are seeing stability across IT positions as a whole, with no further significant drops since the beginning of the year."
IT recruitment undamaged by credit crunch
Despite the credit crunch, jobs in IT are on the increase in the City with demand for testing roles increasing by just more than 8% in the second quarter this year.
