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 August 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 Aug 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 399 418 413
Rank change year-on-year
+19 -5
Contract jobs citing Quantitative Analysis 16 15 16
As % of all contract IT jobs located in London 0.067% 0.063% 0.064%
As % of the Processes & Methodologies category 0.085% 0.079% 0.082%
Number of daily rates quoted 13 14 13
Average daily rate
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of your Daily Rate
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£575 £450 £450
Average daily rate % change year-on-year
+27.77% -
90% offered a daily rate of more than £390 £388 £210
10% offered a daily rate of more than £700 £700 £700
UK excluding London average daily rate £550 £400 £313
% change year-on-year
+37.50% +28.00%
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
18886 18915 19605
As % of all contract IT jobs located in London 79.63% 79.01% 78.40%
Number of daily rates quoted 13486 13134 13711
Average daily rate £450 £450 £450
90% offered a daily rate of more than £313 £303 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 205 216 236
Average hourly rate £22.00 £21.25 £22.50
Average hourly rate % change year-on-year
+3.52% -5.55%
90% offered a hourly rate of more than £13.00 £13.50 £14.02
10% offered a hourly rate of more than £52.50 £45.00 £52.50
UK excluding London average hourly rate £32.50 £25.00 £30.00
% change year-on-year
+30.00% -16.66%

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 August 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 August 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 +4 4 £600 +43.28% 2
Canary Wharf - 1 £475 -
Quantitative Analysis
England

Quantitative Analysis
Top 30 Related IT Skills in London

For the 6 months to 28 August 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 31 (77.50%) Finance
2 15 (37.50%) Front Office
2 15 (37.50%) Java
3 12 (30.00%) Python
4 11 (27.50%) RAD
4 11 (27.50%) Banking
5 9 (22.50%) Go
5 9 (22.50%) Validation
6 8 (20.00%) Degree
7 7 (17.50%) Investment Banking
8 6 (15.00%) Project Management
8 6 (15.00%) Agile Software Development
8 6 (15.00%) C++
8 6 (15.00%) Business Analysis
8 6 (15.00%) Statistics
9 5 (12.50%) VBA
9 5 (12.50%) Data Modelling
10 4 (10.00%) Microsoft
10 4 (10.00%) C#
10 4 (10.00%) Linux
10 4 (10.00%) SQL
10 4 (10.00%) MS Office
10 4 (10.00%) Foreign Exchange (FX)
10 4 (10.00%) Derivative
10 4 (10.00%) Analytics
10 4 (10.00%) Data Quality
10 4 (10.00%) Big Data
10 4 (10.00%) Data Analysis
10 4 (10.00%) Hadoop
10 4 (10.00%) NoSQL

Quantitative Analysis
Top Related IT Skills in London by Category

For the 6 months to 28 August 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 1 (2.50%) SAS
Applications
1 4 (10.00%) MS Office
2 1 (2.50%) MS Excel
2 1 (2.50%) MS Visio
2 1 (2.50%) Spreadsheet
Business Applications
1 1 (2.50%) HFM
Cloud Services
1 2 (5.00%) SaaS
Database & Business Intelligence
1 4 (10.00%) Hadoop
1 4 (10.00%) NoSQL
1 4 (10.00%) Big Data
2 1 (2.50%) Relational Database
2 1 (2.50%) SQL Server
2 1 (2.50%) DB2
2 1 (2.50%) OLAP
2 1 (2.50%) Data Mining
2 1 (2.50%) Essbase
General
1 31 (77.50%) Finance
2 15 (37.50%) Front Office
3 11 (27.50%) Banking
4 7 (17.50%) Investment Banking
5 2 (5.00%) French Language
5 2 (5.00%) Retail
6 1 (2.50%) Games
6 1 (2.50%) Retail Banking
6 1 (2.50%) Corporate Banking
Job Titles
1 21 (52.50%) Analyst
2 13 (32.50%) Developer
3 12 (30.00%) Quantitative Analyst
4 9 (22.50%) RAD Developer
5 7 (17.50%) Business Analyst
6 6 (15.00%) Risk Analyst
7 4 (10.00%) Senior Analyst
7 4 (10.00%) Data Analyst
7 4 (10.00%) Senior Business Analyst
7 4 (10.00%) Data Scientist
7 4 (10.00%) Quantitative Risk Analyst
8 3 (7.50%) Research Manager
8 3 (7.50%) Front Office Developer
8 3 (7.50%) Java Developer
9 2 (5.00%) Python Developer
9 2 (5.00%) Excel Developer
9 2 (5.00%) Product Owner
10 1 (2.50%) Core Java Developer
10 1 (2.50%) Credit Risk Analyst
10 1 (2.50%) C++ Developer
Libraries, Frameworks & Software Standards
1 2 (5.00%) Swing
2 1 (2.50%) Middleware
2 1 (2.50%) .NET
Miscellaneous
1 6 (15.00%) Statistics
2 4 (10.00%) Foreign Exchange (FX)
2 4 (10.00%) Derivative
3 3 (7.50%) Equities
3 3 (7.50%) Credit Risk
3 3 (7.50%) User Experience
3 3 (7.50%) Analytical Skills
4 2 (5.00%) Mathematics
4 2 (5.00%) Fixed Income
5 1 (2.50%) N-Tier
5 1 (2.50%) Management Information System
5 1 (2.50%) Credit Derivative
5 1 (2.50%) Economics
5 1 (2.50%) Interest Rate Derivative
5 1 (2.50%) Equity Derivative
5 1 (2.50%) Physics
5 1 (2.50%) Computer Science
5 1 (2.50%) Index Arbitrage
5 1 (2.50%) Statistical Arbitrage
5 1 (2.50%) Market Risk
Operating Systems
1 4 (10.00%) Linux
2 2 (5.00%) Windows
3 1 (2.50%) Solaris
3 1 (2.50%) UNIX
Processes & Methodologies
1 11 (27.50%) RAD
2 9 (22.50%) Validation
3 6 (15.00%) Project Management
3 6 (15.00%) Business Analysis
3 6 (15.00%) Agile Software Development
4 5 (12.50%) Data Modelling
5 4 (10.00%) Data Analysis
5 4 (10.00%) Analytics
6 3 (7.50%) E-Commerce
6 3 (7.50%) Risk Management
6 3 (7.50%) Waterfall
7 2 (5.00%) Greeks
7 2 (5.00%) Product Management
7 2 (5.00%) B2B
7 2 (5.00%) Stakeholder Management
7 2 (5.00%) Multithreading
8 1 (2.50%) Electronic Trading
8 1 (2.50%) Investment Management
8 1 (2.50%) Performance Management
8 1 (2.50%) Kanban
Programming Languages
1 15 (37.50%) Java
2 12 (30.00%) Python
3 9 (22.50%) Go
4 6 (15.00%) C++
5 5 (12.50%) VBA
6 4 (10.00%) SQL
6 4 (10.00%) C#
7 2 (5.00%) JavaScript
7 2 (5.00%) MATLAB
7 2 (5.00%) R
8 1 (2.50%) Shell Script
8 1 (2.50%) Perl
8 1 (2.50%) C
8 1 (2.50%) T-SQL
Qualifications
1 8 (20.00%) Degree
2 2 (5.00%) PhD
Quality Assurance & Compliance
1 4 (10.00%) Data Quality
2 1 (2.50%) AIFMD
2 1 (2.50%) QA
Vendors
1 4 (10.00%) Microsoft
2 1 (2.50%) Murex
2 1 (2.50%) Hyperion
2 1 (2.50%) Informatica
2 1 (2.50%) TIBCO
2 1 (2.50%) Solace
2 1 (2.50%) Talarian
2 1 (2.50%) Sybase
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: Yesterday
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 3 days ago