The table below looks at the statistics for Quantitative Analysis skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 12 February 2016 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
12 Feb 2016
Same period 2015 Same period 2014
Quantitative Analysis
Rank 152 185 203
Rank change year-on-year
+33 +18
Contract jobs citing Quantitative Analysis 1 3 3
As % of all contract IT jobs located in the City of London 0.032% 0.058% 0.050%
As % of the Processes & Methodologies category 0.038% 0.072% 0.063%
Number of daily rates quoted 1 2 3
Average daily rate £228 £650 £265
Average daily rate % change year-on-year
-65.00% +145.28%
UK excluding London average daily rate £250 - £425
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quantitative Analysis
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2644 4159 4730
As % of all contract IT jobs located in the City of London 84.04% 80.90% 79.44%
Number of daily rates quoted 2091 3247 3422
Average daily rate £488 £450 £450
Average daily rate % change year-on-year
+8.33% -
90% offered a daily rate of more than £325 £318 £293
10% offered a daily rate of more than £625 £613 £625
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 30 36 51
Average hourly rate £24.00 £23.10 £27.25
Average hourly rate % change year-on-year
+3.91% -15.24%
90% offered a hourly rate of more than £13.00 £12.50 £16.50
10% offered a hourly rate of more than £53.00 £45.50 £77.50
UK excluding London average hourly rate £40.00 £27.50 £27.50
% change year-on-year
+45.45% -

Quantitative Analysis
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Analysis across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Quantitative Analysis Jobs Demand Trend in the City of London

Quantitative Analysis
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analysis across the City of London region.

Quantitative Analysis Daily Rate Trend in the City of London

Quantitative Analysis
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analysis across the City of London region.

Quantitative Analysis Hourly Rate Trend in the City of London

Quantitative Analysis
Top 15 Related IT Skills in the City of London

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region citing Quantitative Analysis also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Quantitative Analysis.

1 2 (66.67%) VBA
1 2 (66.67%) .NET
1 2 (66.67%) C#
1 2 (66.67%) Front Office
1 2 (66.67%) Finance
1 2 (66.67%) Agile Software Development
1 2 (66.67%) Banking
1 2 (66.67%) Derivative
1 2 (66.67%) WPF
1 2 (66.67%) Market Risk
2 1 (33.33%) Statistics
2 1 (33.33%) PostgreSQL
2 1 (33.33%) SQL
2 1 (33.33%) Python
2 1 (33.33%) Internet

Quantitative Analysis
Top Related IT Skills in the City of London by Category

For the 6 months to 12 February 2016, IT contractor jobs across the City of London region citing Quantitative Analysis also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Quantitative Analysis. Up to 20 skills are shown per category.

Communications & Networking
1 1 (33.33%) Internet
Database & Business Intelligence
1 1 (33.33%) PostgreSQL
General
1 2 (66.67%) Banking
1 2 (66.67%) Finance
1 2 (66.67%) Front Office
Job Titles
1 2 (66.67%) C# Developer
1 2 (66.67%) C# WPF Developer
1 2 (66.67%) Developer
1 2 (66.67%) Senior C# Developer
1 2 (66.67%) Senior Developer
1 2 (66.67%) Senior WPF Developer
1 2 (66.67%) WPF Developer
2 1 (33.33%) Analyst
2 1 (33.33%) Data Analyst
Libraries, Frameworks & Software Standards
1 2 (66.67%) .NET
1 2 (66.67%) WPF
Miscellaneous
1 2 (66.67%) Derivative
1 2 (66.67%) Market Risk
2 1 (33.33%) Statistics
Processes & Methodologies
1 2 (66.67%) Agile Software Development
Programming Languages
1 2 (66.67%) C#
1 2 (66.67%) VBA
2 1 (33.33%) Python
2 1 (33.33%) SQL