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 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
Quantitative Analysis
Rank 194 199 -
Rank change year-on-year
+5 -
Contract jobs citing Quantitative Analysis 2 3 0
As % of all contract IT jobs located in the City of London 0.036% 0.045% -
As % of the Processes & Methodologies category 0.046% 0.059% -
Number of daily rates quoted 2 3 0
Average daily rate
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£650 £265 -
Average daily rate % change year-on-year
+145.28% -
UK excluding London average daily rate £170 £338 -
% change year-on-year
-49.62% -
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
4349 5125 4535
As % of all contract IT jobs located in the City of London 77.80% 77.07% 75.62%
Number of daily rates quoted 3440 3769 3440
Average daily rate £450 £450 £450
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £625 £613 £608
UK excluding London average daily rate £388 £370 £365
% change year-on-year
+4.72% +1.36%
Number of hourly rates quoted 35 56 88
Average hourly rate £19.00 £23.50 £35.00
Average hourly rate % change year-on-year
-19.14% -32.85%
90% offered a hourly rate of more than £11.75 £13.50 £15.00
10% offered a hourly rate of more than £44.63 £52.82 £107.80
UK excluding London average hourly rate £25.00 £27.00 £30.00
% change year-on-year
-7.40% -10.00%

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 30 Related IT Skills in the City of London

For the 6 months to 24 December 2014, 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 5 (83.33%) Java
2 3 (50.00%) SQL
2 3 (50.00%) Finance
2 3 (50.00%) Agile Software Development
2 3 (50.00%) Data Analysis
2 3 (50.00%) Marketing
3 2 (33.33%) QA
3 2 (33.33%) Banking
3 2 (33.33%) Teradata
3 2 (33.33%) Financial Institution
3 2 (33.33%) Data Modelling
3 2 (33.33%) Project Management
3 2 (33.33%) VBA
3 2 (33.33%) Oracle
3 2 (33.33%) SAP
3 2 (33.33%) Apache
3 2 (33.33%) Python
3 2 (33.33%) Financial Modelling
3 2 (33.33%) Data Architecture
3 2 (33.33%) Hadoop
3 2 (33.33%) Visualisation
3 2 (33.33%) Amazon EC2
3 2 (33.33%) Amazon S3
3 2 (33.33%) Amazon AWS
3 2 (33.33%) MapReduce
3 2 (33.33%) Big Data
3 2 (33.33%) Statistical Modelling
3 2 (33.33%) Business Transformation
3 2 (33.33%) Analytics
3 2 (33.33%) Apache Avro

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

For the 6 months to 24 December 2014, 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.

Application Platforms
1 2 (33.33%) Apache
1 2 (33.33%) Apache Spark
Cloud Services
1 2 (33.33%) Amazon EC2
1 2 (33.33%) Amazon S3
1 2 (33.33%) Amazon AWS
1 2 (33.33%) Amazon EMR
Database & Business Intelligence
1 2 (33.33%) Hadoop
1 2 (33.33%) Big Data
2 1 (16.67%) MS Access
2 1 (16.67%) KDB
General
1 3 (50.00%) Finance
1 3 (50.00%) Marketing
2 2 (33.33%) Financial Institution
2 2 (33.33%) Banking
3 1 (16.67%) Retail
3 1 (16.67%) Investment Banking
3 1 (16.67%) Private Banking
3 1 (16.67%) Front Office
Job Titles
1 3 (50.00%) Analyst
2 2 (33.33%) Consultant
2 2 (33.33%) Senior Analyst
2 2 (33.33%) Data Analyst
2 2 (33.33%) Senior Data Analyst
2 2 (33.33%) Data Consultant
2 2 (33.33%) Big Data Consultant
3 1 (16.67%) Developer
3 1 (16.67%) Marketing Analyst
Libraries, Frameworks & Software Standards
1 2 (33.33%) Apache Avro
Miscellaneous
1 2 (33.33%) Visualisation
2 1 (16.67%) Foreign Exchange (FX)
Processes & Methodologies
1 3 (50.00%) Agile Software Development
1 3 (50.00%) Data Analysis
2 2 (33.33%) Financial Modelling
2 2 (33.33%) Data Architecture
2 2 (33.33%) Data Modelling
2 2 (33.33%) Project Management
2 2 (33.33%) MapReduce
2 2 (33.33%) Statistical Modelling
2 2 (33.33%) Business Transformation
2 2 (33.33%) Analytics
3 1 (16.67%) Low Latency
3 1 (16.67%) E-Commerce
3 1 (16.67%) Risk Management
3 1 (16.67%) Information Management
3 1 (16.67%) Capacity Planning
3 1 (16.67%) Statistical Analysis
Programming Languages
1 5 (83.33%) Java
2 3 (50.00%) SQL
3 2 (33.33%) VBA
3 2 (33.33%) Python
3 2 (33.33%) C#
Quality Assurance & Compliance
1 2 (33.33%) QA
Vendors
1 2 (33.33%) Oracle
1 2 (33.33%) SAP
1 2 (33.33%) Teradata
2 1 (16.67%) Microsoft