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 27 May 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
27 May 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 365 380 372
Rank change year-on-year
+15 -8
Contract jobs citing Quantitative Analysis 25 23 16
As % of all contract IT jobs located in London 0.11% 0.10% 0.074%
As % of the Processes & Methodologies category 0.14% 0.13% 0.094%
Number of daily rates quoted 21 21 5
Average daily rate
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£500 £425 £550
Average daily rate % change year-on-year
+17.64% -22.72%
90% offered a daily rate of more than £400 £230 £304
10% offered a daily rate of more than £750 £800 £660
UK excluding London average daily rate £600 £238 -
% change year-on-year
+152.63% -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
17784 17779 17001
As % of all contract IT jobs located in London 78.63% 78.28% 78.52%
Number of daily rates quoted 12516 12755 11670
Average daily rate £450 £435 £450
Average daily rate % change year-on-year
+3.44% -3.33%
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 £365
% change year-on-year
+3.33% +2.73%
Number of hourly rates quoted 252 226 269
Average hourly rate £21.00 £21.75 £33.50
Average hourly rate % change year-on-year
-3.44% -35.07%
90% offered a hourly rate of more than £11.00 £12.50 £14.34
10% offered a hourly rate of more than £65.00 £53.50 £65.00
UK excluding London average hourly rate £30.00 £30.00 £32.00
% change year-on-year
- -6.25%

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 27 May 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 27 May 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 -6 2 £513 +6.77%
Canary Wharf - 1 £650 -
Quantitative Analysis
England

Quantitative Analysis
Top 30 Related IT Skills in London

For the 6 months to 27 May 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 45 (86.54%) Finance
2 27 (51.92%) Java
3 26 (50.00%) Python
4 25 (48.08%) Front Office
5 23 (44.23%) VBA
5 23 (44.23%) RAD
6 18 (34.62%) Go
7 14 (26.92%) Banking
8 12 (23.08%) Investment Banking
9 11 (21.15%) Derivative
9 11 (21.15%) Degree
10 10 (19.23%) Analytics
11 9 (17.31%) Credit Risk
11 9 (17.31%) Statistics
11 9 (17.31%) MATLAB
12 8 (15.38%) SAS
13 7 (13.46%) Statistical Analysis
13 7 (13.46%) Validation
13 7 (13.46%) Analytical Skills
14 5 (9.62%) Equities
14 5 (9.62%) JavaScript
14 5 (9.62%) C++
14 5 (9.62%) Stress Testing
14 5 (9.62%) French Language
14 5 (9.62%) Greeks
15 4 (7.69%) Agile Software Development
15 4 (7.69%) SQL
16 3 (5.77%) C
16 3 (5.77%) C#
16 3 (5.77%) Linux

Quantitative Analysis
Top Related IT Skills in London by Category

For the 6 months to 27 May 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 (15.38%) SAS
2 1 (1.92%) Apache Spark
2 1 (1.92%) Apache
Applications
1 2 (3.85%) MS Visio
1 2 (3.85%) Spreadsheet
2 1 (1.92%) MS Excel
2 1 (1.92%) MS PowerPoint
Business Applications
1 1 (1.92%) HFM
Cloud Services
1 1 (1.92%) Amazon EC2
1 1 (1.92%) Amazon S3
1 1 (1.92%) Amazon AWS
1 1 (1.92%) Amazon EMR
1 1 (1.92%) Amazon CloudWatch
Communications & Networking
1 1 (1.92%) Internet
Database & Business Intelligence
1 2 (3.85%) OLAP
1 2 (3.85%) Data Warehouse
2 1 (1.92%) Data Mining
2 1 (1.92%) Essbase
2 1 (1.92%) Hadoop
2 1 (1.92%) Big Data
2 1 (1.92%) Relational Database
2 1 (1.92%) SQL Server
2 1 (1.92%) DB2
General
1 45 (86.54%) Finance
2 25 (48.08%) Front Office
3 14 (26.92%) Banking
4 12 (23.08%) Investment Banking
5 5 (9.62%) French Language
6 2 (3.85%) Retail
7 1 (1.92%) Law
7 1 (1.92%) Advertising
7 1 (1.92%) Retail Banking
7 1 (1.92%) Corporate Banking
7 1 (1.92%) Marketing
Job Titles
1 24 (46.15%) Developer
2 20 (38.46%) RAD Developer
3 17 (32.69%) Analyst
4 14 (26.92%) Excel Developer
5 8 (15.38%) Risk Analyst
5 8 (15.38%) Quantitative Analyst
6 5 (9.62%) Java Developer
6 5 (9.62%) Python Developer
7 4 (7.69%) Quantitative Risk Analyst
8 3 (5.77%) Process Manager
8 3 (5.77%) Credit Risk Analyst
8 3 (5.77%) Business Analyst
8 3 (5.77%) Credit Analyst
8 3 (5.77%) Front Office Developer
9 2 (3.85%) Research Manager
10 1 (1.92%) Supplier Relationship Manager
10 1 (1.92%) Big Data Consultant
10 1 (1.92%) Report Manager
10 1 (1.92%) Relationships Manager
10 1 (1.92%) Performance Analyst
Libraries, Frameworks & Software Standards
1 2 (3.85%) Swing
2 1 (1.92%) Middleware
2 1 (1.92%) Apache Avro
2 1 (1.92%) .NET
Miscellaneous
1 11 (21.15%) Derivative
2 9 (17.31%) Credit Risk
2 9 (17.31%) Statistics
3 7 (13.46%) Analytical Skills
4 5 (9.62%) Equities
5 3 (5.77%) User Experience
6 2 (3.85%) Equity Derivative
6 2 (3.85%) Economics
6 2 (3.85%) Foreign Exchange (FX)
6 2 (3.85%) Mathematics
6 2 (3.85%) Physics
7 1 (1.92%) Psychology
7 1 (1.92%) Computer Science
7 1 (1.92%) N-Tier
7 1 (1.92%) Visualisation
7 1 (1.92%) iPad
7 1 (1.92%) Performance Metrics
Operating Systems
1 3 (5.77%) Linux
2 1 (1.92%) UNIX
2 1 (1.92%) Windows
2 1 (1.92%) Solaris
Processes & Methodologies
1 23 (44.23%) RAD
2 10 (19.23%) Analytics
3 7 (13.46%) Validation
3 7 (13.46%) Statistical Analysis
4 5 (9.62%) Stress Testing
4 5 (9.62%) Greeks
5 4 (7.69%) Agile Software Development
6 3 (5.77%) Data Analysis
6 3 (5.77%) Risk Management
7 2 (3.85%) Monte Carlo Method
7 2 (3.85%) Stakeholder Management
7 2 (3.85%) Project Planning
7 2 (3.85%) E-Commerce
7 2 (3.85%) Data Modelling
7 2 (3.85%) Business Intelligence
7 2 (3.85%) Project Management
7 2 (3.85%) Waterfall
7 2 (3.85%) Multithreading
8 1 (1.92%) Investment Management
8 1 (1.92%) Financial Modelling
Programming Languages
1 27 (51.92%) Java
2 26 (50.00%) Python
3 23 (44.23%) VBA
4 18 (34.62%) Go
5 9 (17.31%) MATLAB
6 5 (9.62%) JavaScript
6 5 (9.62%) C++
7 4 (7.69%) SQL
8 3 (5.77%) C
8 3 (5.77%) C#
8 3 (5.77%) R
9 2 (3.85%) VB
10 1 (1.92%) T-SQL
10 1 (1.92%) Perl
10 1 (1.92%) Shell Script
Qualifications
1 11 (21.15%) Degree
2 3 (5.77%) PhD
Quality Assurance & Compliance
1 3 (5.77%) AIFMD
2 1 (1.92%) SLA
Vendors
1 2 (3.85%) Business Objects
2 1 (1.92%) SAP
2 1 (1.92%) Murex
2 1 (1.92%) Hyperion
2 1 (1.92%) Informatica
2 1 (1.92%) TIBCO
2 1 (1.92%) Teradata
2 1 (1.92%) Google
2 1 (1.92%) Solace
2 1 (1.92%) Talarian
2 1 (1.92%) Oracle
2 1 (1.92%) Sybase