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 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 368 391 366
Rank change year-on-year
+23 -25
Contract jobs citing Quantitative Analysis 27 12 12
As % of all contract IT jobs located in London 0.13% 0.055% 0.060%
As % of the Processes & Methodologies category 0.16% 0.070% 0.078%
Number of daily rates quoted 24 8 9
Average daily rate
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£500 £450 £550
Average daily rate % change year-on-year
+11.11% -18.18%
90% offered a daily rate of more than £265 £295 £319
10% offered a daily rate of more than £570 £710 £700
UK excluding London average daily rate £300 £425 £725
% change year-on-year
-29.41% -41.37%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.45 - -
UK excluding London average hourly rate - - -
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
16763 17241 15433
As % of all contract IT jobs located in London 78.81% 78.54% 76.80%
Number of daily rates quoted 11902 11791 10831
Average daily rate £450 £438 £450
Average daily rate % change year-on-year
+2.85% -2.77%
90% offered a daily rate of more than £310 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.25% +3.44%
Number of hourly rates quoted 197 239 249
Average hourly rate £21.50 £27.56 £24.75
Average hourly rate % change year-on-year
-21.98% +11.35%
90% offered a hourly rate of more than £11.00 £14.00 £13.50
10% offered a hourly rate of more than £55.00 £70.00 £135.00
UK excluding London average hourly rate £30.00 £27.50 £31.50
% change year-on-year
+9.09% -12.69%

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 3 March 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 3 March 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 +11 2 £650 +136.36% 2
Hammersmith - - - -
Quantitative Analysis
England

Quantitative Analysis
Top 30 Related IT Skills in London

For the 6 months to 3 March 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 33 (73.33%) Finance
2 25 (55.56%) VBA
3 20 (44.44%) Python
4 18 (40.00%) Java
4 18 (40.00%) Front Office
5 16 (35.56%) RAD
6 12 (26.67%) Analytics
7 11 (24.44%) Derivative
7 11 (24.44%) Statistics
8 9 (20.00%) Degree
8 9 (20.00%) Credit Risk
8 9 (20.00%) Analytical Skills
8 9 (20.00%) MATLAB
9 8 (17.78%) SAS
9 8 (17.78%) Banking
9 8 (17.78%) Statistical Analysis
10 6 (13.33%) Stress Testing
11 5 (11.11%) Data Analysis
11 5 (11.11%) Investment Banking
11 5 (11.11%) Stakeholder Management
12 4 (8.89%) C++
12 4 (8.89%) Project Management
12 4 (8.89%) Mathematics
13 3 (6.67%) Marketing
13 3 (6.67%) MS PowerPoint
13 3 (6.67%) French Language
13 3 (6.67%) Greeks
13 3 (6.67%) Coaching
13 3 (6.67%) Root Cause Analysis
13 3 (6.67%) Statistical Modelling

Quantitative Analysis
Top Related IT Skills in London by Category

For the 6 months to 3 March 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 8 (17.78%) SAS
2 2 (4.44%) Apache Spark
2 2 (4.44%) Apache
Applications
1 3 (6.67%) MS Excel
1 3 (6.67%) MS PowerPoint
2 2 (4.44%) Spreadsheet
3 1 (2.22%) MS Visio
Cloud Services
1 2 (4.44%) Amazon EC2
1 2 (4.44%) Amazon S3
1 2 (4.44%) Amazon AWS
1 2 (4.44%) Amazon EMR
Communications & Networking
1 1 (2.22%) Internet
Database & Business Intelligence
1 2 (4.44%) Data Warehouse
1 2 (4.44%) Hadoop
1 2 (4.44%) Big Data
2 1 (2.22%) OLAP
2 1 (2.22%) MS Access
General
1 33 (73.33%) Finance
2 18 (40.00%) Front Office
3 8 (17.78%) Banking
4 5 (11.11%) Investment Banking
5 3 (6.67%) Marketing
5 3 (6.67%) French Language
6 2 (4.44%) Retail
7 1 (2.22%) Law
7 1 (2.22%) Advertising
7 1 (2.22%) Private Banking
Job Titles
1 18 (40.00%) Developer
2 16 (35.56%) Analyst
2 16 (35.56%) Excel Developer
3 13 (28.89%) RAD Developer
4 5 (11.11%) Business Analyst
5 4 (8.89%) Process Analyst
5 4 (8.89%) Quantitative Analyst
6 3 (6.67%) Contracts Manager
6 3 (6.67%) Risk Analyst
6 3 (6.67%) Relationships Manager
6 3 (6.67%) Java Developer
6 3 (6.67%) Business Process Analyst
6 3 (6.67%) Process Manager
6 3 (6.67%) Supplier Manager
6 3 (6.67%) Supplier Relationship Manager
6 3 (6.67%) Python Developer
7 2 (4.44%) Big Data Consultant
7 2 (4.44%) Rapid Application Developer
7 2 (4.44%) Credit Risk Analyst
7 2 (4.44%) Data Consultant
Libraries, Frameworks & Software Standards
1 2 (4.44%) Apache Avro
2 1 (2.22%) .NET
Miscellaneous
1 11 (24.44%) Derivative
1 11 (24.44%) Statistics
2 9 (20.00%) Credit Risk
2 9 (20.00%) Analytical Skills
3 4 (8.89%) Mathematics
4 3 (6.67%) Equities
5 2 (4.44%) Equity Derivative
5 2 (4.44%) Physics
5 2 (4.44%) Visualisation
6 1 (2.22%) Open Source
6 1 (2.22%) iPad
6 1 (2.22%) User Experience
6 1 (2.22%) Performance Metrics
6 1 (2.22%) Market Risk
6 1 (2.22%) Psychology
6 1 (2.22%) Computer Science
6 1 (2.22%) Economics
Operating Systems
1 1 (2.22%) Linux
Processes & Methodologies
1 16 (35.56%) RAD
2 12 (26.67%) Analytics
3 8 (17.78%) Statistical Analysis
4 6 (13.33%) Stress Testing
5 5 (11.11%) Stakeholder Management
5 5 (11.11%) Data Analysis
6 4 (8.89%) Project Management
7 3 (6.67%) Agile Software Development
7 3 (6.67%) Statistical Modelling
7 3 (6.67%) Coaching
7 3 (6.67%) Greeks
7 3 (6.67%) Root Cause Analysis
8 2 (4.44%) MapReduce
8 2 (4.44%) Process Improvement
8 2 (4.44%) Data Architecture
8 2 (4.44%) Monte Carlo Method
8 2 (4.44%) Business Transformation
8 2 (4.44%) Validation
8 2 (4.44%) Project Planning
8 2 (4.44%) Lean Six Sigma
Programming Languages
1 25 (55.56%) VBA
2 20 (44.44%) Python
3 18 (40.00%) Java
4 9 (20.00%) MATLAB
5 4 (8.89%) C++
6 3 (6.67%) C
6 3 (6.67%) JavaScript
6 3 (6.67%) SQL
7 2 (4.44%) VB
7 2 (4.44%) R
7 2 (4.44%) C#
Qualifications
1 9 (20.00%) Degree
2 3 (6.67%) PhD
Quality Assurance & Compliance
1 3 (6.67%) SLA
2 2 (4.44%) AIFMD
3 1 (2.22%) EMIR
Vendors
1 3 (6.67%) Microsoft
2 2 (4.44%) Teradata
2 2 (4.44%) Oracle
2 2 (4.44%) Business Objects
2 2 (4.44%) SAP
3 1 (2.22%) Google
London
Montash
Rate: £400 - £450 per day + Negotiable
Posted: 4 days ago
London
Vitamin T
Rate: £17.45 per hour £17.45/hr plus holiday, bonus & perks
Posted: 25 days ago
City, London
Alexander Mann Solutions
Posted: 26 days ago