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 contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 6 May 2016 with a comparison to the same period over 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.

3 months to
6 May 2016
Same period 2015 Same period 2014
Quantitative Analysis
Rank 423 393 410
Rank change year-on-year
-30 +17
Contract jobs citing Quantitative Analysis 14 31 23
As % of all contract IT jobs located in London 0.061% 0.14% 0.099%
As % of the Processes & Methodologies category 0.073% 0.17% 0.12%
Number of daily rates quoted 14 27 22
Median daily rate £450 £500 £425
Median daily rate % change year-on-year
-10.00% +17.64%
90% offered a daily rate of more than £213 £265 £234
10% offered a daily rate of more than £678 £750 £790
UK excluding London median daily rate £225 £300 £238
% change year-on-year
-25.00% +26.31%
Number of hourly rates quoted 0 1 0
Median hourly rate - £17.45 -
UK excluding London median 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
19059 18167 18834
As % of all contract IT jobs located in London 83.62% 80.76% 80.66%
Number of daily rates quoted 13906 12687 13429
Median daily rate £475 £450 £430
Median daily rate % change year-on-year
+5.55% +4.65%
90% offered a daily rate of more than £325 £305 £300
10% offered a daily rate of more than £625 £613 £600
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 156 257 229
Median hourly rate £21.78 £21.50 £23.00
Median hourly rate % change year-on-year
+1.30% -6.52%
90% offered a hourly rate of more than £12.65 £11.00 £13.00
10% offered a hourly rate of more than £47.50 £90.00 £50.00
UK excluding London median hourly rate £36.00 £30.00 £30.50
% change year-on-year
+20.00% -1.63%

Quantitative Analysis
Jobs Demand Trend in London

The demand trend of contract jobs across the London region citing Quantitative Analysis as a proportion of all IT contracts with a match in 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 6 May 2016.

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 median contractor rates quoted in IT jobs citing Quantitative Analysis within the London region over the 3 months to 6 May 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +44 1 £600 +9.09% 4
Quantitative Analysis
England

Quantitative Analysis
Top 30 Related IT Skills in London

For the 6 months to 6 May 2016, IT contractor jobs citing Quantitative Analysis also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the London region with a requirement for Quantitative Analysis.

1 12 (60.00%) Finance
2 6 (30.00%) Java
2 6 (30.00%) Degree
3 5 (25.00%) Mathematics
3 5 (25.00%) Portfolio Management
3 5 (25.00%) Python
3 5 (25.00%) Risk Management
3 5 (25.00%) Derivative
4 4 (20.00%) Data Analysis
4 4 (20.00%) Agile Software Development
4 4 (20.00%) Programme Management
4 4 (20.00%) Foreign Exchange (FX)
4 4 (20.00%) Statistics
4 4 (20.00%) Physics
4 4 (20.00%) Project Planning
5 3 (15.00%) Analytical Skills
5 3 (15.00%) Computer Science
5 3 (15.00%) Market Risk
5 3 (15.00%) KDB
5 3 (15.00%) Manual Testing
5 3 (15.00%) VMS
5 3 (15.00%) Unix
5 3 (15.00%) Validation
5 3 (15.00%) Equity Derivative
5 3 (15.00%) Document Management
6 2 (10.00%) Front Office
6 2 (10.00%) C#
6 2 (10.00%) Business Intelligence
6 2 (10.00%) Time Management
6 2 (10.00%) JavaFX

Quantitative Analysis
Top Related IT Skills in London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (5.00%) SAS
Applications
1 1 (5.00%) MS Office
1 1 (5.00%) MS PowerPoint
1 1 (5.00%) MS Project
1 1 (5.00%) SPSS
Cloud Services
1 1 (5.00%) Amazon AWS
Communications & Networking
1 1 (5.00%) Internet
1 1 (5.00%) Intranet
Database & Business Intelligence
1 3 (15.00%) KDB
2 1 (5.00%) Big Data
2 1 (5.00%) Data Mining
2 1 (5.00%) PostgreSQL
General
1 12 (60.00%) Finance
2 2 (10.00%) Front Office
3 1 (5.00%) Banking
3 1 (5.00%) Legal
3 1 (5.00%) Marketing
Job Titles
1 13 (65.00%) Analyst
2 4 (20.00%) Developer
3 3 (15.00%) PMO Analyst
3 3 (15.00%) Server Analyst
3 3 (15.00%) Technical Analyst
3 3 (15.00%) Technical Test Analyst
3 3 (15.00%) Test Analyst
4 2 (10.00%) GUI Developer
4 2 (10.00%) Java Developer
4 2 (10.00%) Java GUI Developer
4 2 (10.00%) Market Risk Developer
4 2 (10.00%) Project Analyst
4 2 (10.00%) Qualitative Analyst
4 2 (10.00%) Quantitative Analyst
4 2 (10.00%) Quantitative Developer
4 2 (10.00%) Risk Analyst
5 1 (5.00%) Finance Business Analyst
5 1 (5.00%) IT Analyst
5 1 (5.00%) Quantitative Analyst Developer
5 1 (5.00%) Risk Business Analyst
Libraries, Frameworks & Software Standards
1 2 (10.00%) JavaFX
2 1 (5.00%) Web Services
Miscellaneous
1 5 (25.00%) Derivative
1 5 (25.00%) Mathematics
2 4 (20.00%) Foreign Exchange (FX)
2 4 (20.00%) Physics
2 4 (20.00%) Statistics
3 3 (15.00%) Analytical Skills
3 3 (15.00%) Computer Science
3 3 (15.00%) Equity Derivative
3 3 (15.00%) Market Risk
4 2 (10.00%) Credit Risk
5 1 (5.00%) Applied Mathematics
5 1 (5.00%) Informatics
5 1 (5.00%) Life Science
5 1 (5.00%) Minimum Viable Product
5 1 (5.00%) Mobile App
5 1 (5.00%) NHS
5 1 (5.00%) User Experience
5 1 (5.00%) Visualisation
Operating Systems
1 3 (15.00%) Unix
1 3 (15.00%) VMS
Processes & Methodologies
1 5 (25.00%) Portfolio Management
1 5 (25.00%) Risk Management
2 4 (20.00%) Agile Software Development
2 4 (20.00%) Data Analysis
2 4 (20.00%) Programme Management
2 4 (20.00%) Project Planning
3 3 (15.00%) Document Management
3 3 (15.00%) Manual Testing
3 3 (15.00%) Validation
4 2 (10.00%) Analytics
4 2 (10.00%) Business Intelligence
4 2 (10.00%) Time Management
5 1 (5.00%) Coaching
5 1 (5.00%) Code Optimisation
5 1 (5.00%) Contingency Planning
5 1 (5.00%) Financial Modelling
5 1 (5.00%) Mentoring
5 1 (5.00%) Monte Carlo Method
5 1 (5.00%) Performance Analysis
5 1 (5.00%) Technical Analysis
Programming Languages
1 6 (30.00%) Java
2 5 (25.00%) Python
3 2 (10.00%) C#
3 2 (10.00%) Haskell
4 1 (5.00%) C
4 1 (5.00%) C++
4 1 (5.00%) MATLAB
4 1 (5.00%) R
4 1 (5.00%) SQL
Qualifications
1 6 (30.00%) Degree
2 1 (5.00%) PhD
Quality Assurance & Compliance
1 1 (5.00%) QA
Vendors
1 1 (5.00%) Cognos
1 1 (5.00%) IBM
1 1 (5.00%) Microsoft