The table below looks at the statistics for Quantitative Analysis skills in IT contracts advertised for the 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 28 July 2015 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
28 Jul 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 396 394 405
Rank change year-on-year
-2 +11
Contract jobs citing Quantitative Analysis 11 14 11
As % of all contract IT jobs located in London 0.047% 0.059% 0.045%
As % of the Processes & Methodologies category 0.059% 0.075% 0.058%
Number of daily rates quoted 8 12 10
Average daily rate
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£600 £550 £488
Average daily rate % change year-on-year
+9.09% +12.82%
90% offered a daily rate of more than £428 £313 £175
10% offered a daily rate of more than £765 £723 £700
UK excluding London average daily rate £456 £400 -
% change year-on-year
+14.06% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £14.50 -
Quantitative Analysis
England

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

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
18648 18639 19042
As % of all contract IT jobs located in London 79.14% 79.03% 78.55%
Number of daily rates quoted 13359 13048 13217
Average daily rate £450 £445 £450
Average daily rate % change year-on-year
+1.12% -1.11%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 220 229 271
Average hourly rate £21.50 £20.00 £28.00
Average hourly rate % change year-on-year
+7.50% -28.57%
90% offered a hourly rate of more than £12.50 £14.00 £14.50
10% offered a hourly rate of more than £76.50 £53.50 £52.50
UK excluding London average hourly rate £30.00 £26.98 £31.00
% change year-on-year
+11.21% -12.98%

Quantitative Analysis
Jobs Demand Trend in London

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

Quantitative Analysis Jobs Demand Trend in London

Quantitative Analysis
Daily Rate Trend in London

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

Quantitative Analysis Daily Rate Trend in London

Quantitative Analysis
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analysis across the London region over the 3 months to 28 July 2015.

Quantitative Analysis Daily Rate Histogram in London

Quantitative Analysis
Hourly Rate Trend in London

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

Quantitative Analysis Hourly Rate Trend in London

Quantitative Analysis
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analysis within the London region over the 3 months to 28 July 2015. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -8 5 £600 +4.34% 3
Quantitative Analysis
England

Quantitative Analysis
Top 30 Related IT Skills in London

For the 6 months to 28 July 2015, IT contractor jobs across the 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 36 (81.82%) Finance
2 18 (40.91%) Front Office
2 18 (40.91%) Java
3 17 (38.64%) Python
4 15 (34.09%) RAD
5 14 (31.82%) VBA
6 13 (29.55%) Degree
6 13 (29.55%) Statistics
7 11 (25.00%) Banking
7 11 (25.00%) Investment Banking
8 10 (22.73%) Credit Risk
8 10 (22.73%) Go
9 9 (20.45%) Analytics
9 9 (20.45%) MATLAB
10 8 (18.18%) Validation
11 7 (15.91%) SAS
11 7 (15.91%) Statistical Analysis
12 6 (13.64%) C++
12 6 (13.64%) Equities
13 5 (11.36%) JavaScript
13 5 (11.36%) French Language
13 5 (11.36%) Greeks
14 4 (9.09%) Hadoop
14 4 (9.09%) Stress Testing
14 4 (9.09%) Derivative
14 4 (9.09%) Big Data
14 4 (9.09%) NoSQL
14 4 (9.09%) Analytical Skills
14 4 (9.09%) C#
14 4 (9.09%) Linux

Quantitative Analysis
Top Related IT Skills in London by Category

For the 6 months to 28 July 2015, IT contractor jobs across the 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 7 (15.91%) SAS
Applications
1 2 (4.55%) Spreadsheet
2 1 (2.27%) MS Visio
Business Applications
1 1 (2.27%) HFM
Cloud Services
1 1 (2.27%) SaaS
Communications & Networking
1 1 (2.27%) Internet
Database & Business Intelligence
1 4 (9.09%) Hadoop
1 4 (9.09%) NoSQL
1 4 (9.09%) Big Data
2 1 (2.27%) Relational Database
2 1 (2.27%) SQL Server
2 1 (2.27%) DB2
2 1 (2.27%) OLAP
2 1 (2.27%) Data Mining
2 1 (2.27%) Essbase
General
1 36 (81.82%) Finance
2 18 (40.91%) Front Office
3 11 (25.00%) Investment Banking
3 11 (25.00%) Banking
4 5 (11.36%) French Language
5 1 (2.27%) Retail Banking
5 1 (2.27%) Corporate Banking
5 1 (2.27%) Retail
5 1 (2.27%) Advertising
5 1 (2.27%) Games
Job Titles
1 20 (45.45%) Analyst
2 16 (36.36%) Developer
3 13 (29.55%) Quantitative Analyst
4 12 (27.27%) RAD Developer
5 9 (20.45%) Risk Analyst
6 6 (13.64%) Excel Developer
7 5 (11.36%) Python Developer
7 5 (11.36%) Java Developer
8 4 (9.09%) Data Analyst
8 4 (9.09%) Quantitative Risk Analyst
8 4 (9.09%) Data Scientist
9 3 (6.82%) Research Manager
9 3 (6.82%) Process Manager
9 3 (6.82%) Credit Risk Analyst
9 3 (6.82%) Credit Analyst
9 3 (6.82%) Front Office Developer
9 3 (6.82%) Business Analyst
10 1 (2.27%) Business Process Analyst
10 1 (2.27%) C++ Developer
10 1 (2.27%) Analyst Developer
Libraries, Frameworks & Software Standards
1 2 (4.55%) Swing
2 1 (2.27%) Middleware
2 1 (2.27%) .NET
Miscellaneous
1 13 (29.55%) Statistics
2 10 (22.73%) Credit Risk
3 6 (13.64%) Equities
4 4 (9.09%) Derivative
4 4 (9.09%) Analytical Skills
5 3 (6.82%) User Experience
5 3 (6.82%) Foreign Exchange (FX)
6 2 (4.55%) Equity Derivative
6 2 (4.55%) Mathematics
6 2 (4.55%) Physics
7 1 (2.27%) Computer Science
7 1 (2.27%) Market Risk
7 1 (2.27%) Online Games
7 1 (2.27%) Hedge funds
7 1 (2.27%) N-Tier
7 1 (2.27%) Interest Rate Derivative
7 1 (2.27%) Fixed Income
7 1 (2.27%) Credit Derivative
7 1 (2.27%) Economics
Operating Systems
1 4 (9.09%) Linux
2 2 (4.55%) Windows
3 1 (2.27%) Solaris
3 1 (2.27%) UNIX
Processes & Methodologies
1 15 (34.09%) RAD
2 9 (20.45%) Analytics
3 8 (18.18%) Validation
4 7 (15.91%) Statistical Analysis
5 5 (11.36%) Greeks
6 4 (9.09%) Stress Testing
6 4 (9.09%) Agile Software Development
7 3 (6.82%) Risk Management
7 3 (6.82%) Waterfall
8 2 (4.55%) Monte Carlo Method
8 2 (4.55%) Multithreading
8 2 (4.55%) Business Analysis
8 2 (4.55%) E-Commerce
9 1 (2.27%) Data Modelling
9 1 (2.27%) ETL
9 1 (2.27%) B2B
9 1 (2.27%) Project Management
9 1 (2.27%) Stakeholder Management
9 1 (2.27%) Investment Management
9 1 (2.27%) Financial Modelling
Programming Languages
1 18 (40.91%) Java
2 17 (38.64%) Python
3 14 (31.82%) VBA
4 10 (22.73%) Go
5 9 (20.45%) MATLAB
6 6 (13.64%) C++
7 5 (11.36%) JavaScript
8 4 (9.09%) C#
8 4 (9.09%) SQL
9 3 (6.82%) R
10 2 (4.55%) C
11 1 (2.27%) Perl
11 1 (2.27%) T-SQL
11 1 (2.27%) Shell Script
Qualifications
1 13 (29.55%) Degree
2 3 (6.82%) PhD
Quality Assurance & Compliance
1 3 (6.82%) AIFMD
Vendors
1 1 (2.27%) Sybase
1 1 (2.27%) Murex
1 1 (2.27%) Hyperion
1 1 (2.27%) Informatica
1 1 (2.27%) TIBCO
1 1 (2.27%) Google
1 1 (2.27%) Solace
1 1 (2.27%) Talarian
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 23 hours ago