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 19 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
19 Dec 2014
Same period 2013 Same period 2012
Quantitative Analysis
Rank 387 415 379
Rank change year-on-year
+28 -36
Contract jobs citing Quantitative Analysis 22 9 2
As % of all contract IT jobs located in London 0.095% 0.037% 0.009%
As % of the Processes & Methodologies category 0.12% 0.048% 0.012%
Number of daily rates quoted 20 9 2
Average daily rate
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of your Daily Rate
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£500 £650 £303
Average daily rate % change year-on-year
-23.07% +114.87%
90% offered a daily rate of more than £423 £247 £281
10% offered a daily rate of more than £650 £805 £325
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 - £13.00 -
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
17875 18829 16333
As % of all contract IT jobs located in London 77.53% 77.63% 76.34%
Number of daily rates quoted 13142 13090 11224
Average daily rate £450 £450 £450
90% offered a daily rate of more than £310 £300 £300
10% offered a daily rate of more than £613 £600 £600
UK excluding London average daily rate £388 £365 £365
% change year-on-year
+6.16% -
Number of hourly rates quoted 209 231 320
Average hourly rate £20.50 £23.50 £27.00
Average hourly rate % change year-on-year
-12.76% -12.96%
90% offered a hourly rate of more than £11.00 £13.50 £13.41
10% offered a hourly rate of more than £52.50 £76.50 £53.38
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 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 19 December 2014.

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 19 December 2014. 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 3 £650 +145.28%
Brentford - - - -
Quantitative Analysis
England

Quantitative Analysis
Top 30 Related IT Skills in London

For the 6 months to 19 December 2014, 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 21 (56.76%) Finance
2 13 (35.14%) Java
3 12 (32.43%) VBA
4 11 (29.73%) Analytical Skills
5 10 (27.03%) Python
5 10 (27.03%) Front Office
5 10 (27.03%) Stakeholder Management
6 9 (24.32%) MS PowerPoint
6 9 (24.32%) Statistics
7 8 (21.62%) Root Cause Analysis
7 8 (21.62%) Microsoft
8 7 (18.92%) Six Sigma
8 7 (18.92%) Project Management
8 7 (18.92%) MS Excel
8 7 (18.92%) RAD
8 7 (18.92%) Quality Management
8 7 (18.92%) Process Management
8 7 (18.92%) Process Improvement
8 7 (18.92%) Analytics
8 7 (18.92%) Lean Six Sigma
9 6 (16.22%) SQL
10 5 (13.51%) C++
10 5 (13.51%) Derivative
11 4 (10.81%) Mathematics
11 4 (10.81%) C#
11 4 (10.81%) Data Analysis
11 4 (10.81%) Agile Software Development
11 4 (10.81%) Banking
12 3 (8.11%) Risk Management
12 3 (8.11%) SLA

Quantitative Analysis
Top Related IT Skills in London by Category

For the 6 months to 19 December 2014, 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 2 (5.41%) Apache Spark
1 2 (5.41%) Apache
2 1 (2.70%) SAS
Applications
1 9 (24.32%) MS PowerPoint
2 7 (18.92%) MS Excel
3 1 (2.70%) MS Visio
3 1 (2.70%) Spreadsheet
3 1 (2.70%) LaTeX
Cloud Services
1 2 (5.41%) Amazon EMR
1 2 (5.41%) Amazon EC2
1 2 (5.41%) Amazon S3
1 2 (5.41%) Amazon AWS
Database & Business Intelligence
1 2 (5.41%) Big Data
1 2 (5.41%) Hadoop
2 1 (2.70%) SQL Server Reporting Services
2 1 (2.70%) MS Access
2 1 (2.70%) SQL Server
2 1 (2.70%) SQL Server 2008
2 1 (2.70%) KDB
General
1 21 (56.76%) Finance
2 10 (27.03%) Front Office
3 4 (10.81%) Banking
4 3 (8.11%) Marketing
5 2 (5.41%) Financial Institution
5 2 (5.41%) Investment Banking
5 2 (5.41%) Retail
6 1 (2.70%) Law
6 1 (2.70%) Private Banking
Job Titles
1 17 (45.95%) Analyst
2 11 (29.73%) Developer
3 9 (24.32%) Process Analyst
3 9 (24.32%) Business Analyst
4 8 (21.62%) Business Process Analyst
5 7 (18.92%) Excel Developer
6 5 (13.51%) RAD Developer
7 3 (8.11%) Quantitative Analyst
7 3 (8.11%) Relationships Manager
7 3 (8.11%) Contracts Manager
7 3 (8.11%) Supplier Manager
7 3 (8.11%) Supplier Relationship Manager
8 2 (5.41%) Big Data Consultant
8 2 (5.41%) Rapid Application Developer
8 2 (5.41%) Data Consultant
8 2 (5.41%) Consultant
8 2 (5.41%) Applications Developer
8 2 (5.41%) Data Analyst
8 2 (5.41%) Senior Data Analyst
8 2 (5.41%) Senior Analyst
Libraries, Frameworks & Software Standards
1 2 (5.41%) Apache Avro
2 1 (2.70%) .NET
Miscellaneous
1 11 (29.73%) Analytical Skills
2 9 (24.32%) Statistics
3 5 (13.51%) Derivative
4 4 (10.81%) Mathematics
5 2 (5.41%) User Experience
5 2 (5.41%) Visualisation
5 2 (5.41%) Credit Risk
5 2 (5.41%) Economics
6 1 (2.70%) Equities
6 1 (2.70%) Fixed Income
6 1 (2.70%) Foreign Exchange (FX)
6 1 (2.70%) Equity Derivative
6 1 (2.70%) Physics
6 1 (2.70%) Psychology
6 1 (2.70%) Computer Science
6 1 (2.70%) Market Risk
6 1 (2.70%) Open Source
6 1 (2.70%) iPad
Operating Systems
1 1 (2.70%) Linux
Processes & Methodologies
1 10 (27.03%) Stakeholder Management
2 8 (21.62%) Root Cause Analysis
3 7 (18.92%) Six Sigma
3 7 (18.92%) Project Management
3 7 (18.92%) RAD
3 7 (18.92%) Quality Management
3 7 (18.92%) Process Management
3 7 (18.92%) Process Improvement
3 7 (18.92%) Analytics
3 7 (18.92%) Lean Six Sigma
4 4 (10.81%) Data Analysis
4 4 (10.81%) Agile Software Development
5 3 (8.11%) Risk Management
5 3 (8.11%) Financial Modelling
5 3 (8.11%) Statistical Modelling
5 3 (8.11%) Business Transformation
5 3 (8.11%) Coaching
5 3 (8.11%) Stress Testing
6 2 (5.41%) MapReduce
6 2 (5.41%) Data Architecture
Programming Languages
1 13 (35.14%) Java
2 12 (32.43%) VBA
3 10 (27.03%) Python
4 6 (16.22%) SQL
5 5 (13.51%) C++
6 4 (10.81%) C#
7 2 (5.41%) MATLAB
8 1 (2.70%) C
8 1 (2.70%) R
Qualifications
1 3 (8.11%) Degree
2 2 (5.41%) PhD
Quality Assurance & Compliance
1 3 (8.11%) SLA
2 2 (5.41%) QA
3 1 (2.70%) EMIR
Vendors
1 8 (21.62%) Microsoft
2 2 (5.41%) Oracle
2 2 (5.41%) SAP
2 2 (5.41%) Teradata