The first table below looks at the demand for the Quantitative Analyst role 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 Analyst in their job title over the 3 months to 18 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all Job Titles advertised for the London region.

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
18 Apr 2014
Same period 2013 Same period 2012
Quant Analyst
Rank 384 374 401
Rank change year-on-year
-10 +27
Contract jobs requiring a Quantitative Analyst 28 15 22
As % of all contract IT jobs located in London 0.12% 0.069% 0.079%
As % of the Job Titles category 0.13% 0.075% 0.085%
Number of daily rates quoted 24 15 18
Average daily rate £650 £575 £600
Average daily rate % change year-on-year
+13.04% -4.16%
90% offered a daily rate of more than £425 £500 £400
10% offered a daily rate of more than £700 £700 £650
UK excluding London average daily rate £425 - £493
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
22398 20052 25960
As % of all contract IT jobs located in London 92.58% 92.82% 92.64%
Number of daily rates quoted 15523 13588 16690
Average daily rate £425 £450 £448
Average daily rate % change year-on-year
-5.55% +0.55%
90% offered a daily rate of more than £263 £275 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £350 £350
% change year-on-year
+0.14% -0.14%
Number of hourly rates quoted 404 410 583
Average hourly rate £17.50 £19.00 £19.50
Average hourly rate % change year-on-year
-7.89% -2.56%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £39.31 £45.00 £40.00
UK excluding London average hourly rate £17.00 £17.45 £19.21
% change year-on-year
-2.57% -9.16%
Quantitative Analyst
England

Quantitative Analyst
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing Quantitative Analyst in the job title across the London region as a proportion of the total demand within the Job Titles category.

Quantitative Analyst Jobs Demand Trend in London

Quantitative Analyst
Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analyst across the London region.

Quantitative Analyst Daily Rate Trend in London

Quantitative Analyst
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analyst across the London region over the 3 months to 18 April 2014.

Quantitative Analyst Daily Rate Histogram in London

Quantitative Analyst
Hourly Rate Trend in London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analyst across the London region.

Quantitative Analyst Hourly Rate Trend in London

Quantitative Analyst
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 Analyst within the London region over the 3 months to 18 April 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
(Click each for more statistics)
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
Find
Job
Vacancies
City of London 0 14 £650 +52.94% 2
Quantitative Analyst
England

Quantitative Analyst
Top 30 Related IT Skills in London

For the 6 months to 18 April 2014, IT contractor jobs across the London region that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title.

1 34 (77.27%) C++
2 30 (68.18%) Finance
2 30 (68.18%) Analytics
3 24 (54.55%) PhD
4 22 (50.00%) Mathematics
5 19 (43.18%) SQL
6 17 (38.64%) Derivative
7 13 (29.55%) Risk Management
7 13 (29.55%) Validation
8 12 (27.27%) MBA
8 12 (27.27%) C#
8 12 (27.27%) Python
8 12 (27.27%) Statistical Analysis
9 10 (22.73%) Market Risk
10 9 (20.45%) Credit Risk
11 7 (15.91%) Front Office
11 7 (15.91%) Foreign Exchange (FX)
11 7 (15.91%) VBA
12 6 (13.64%) Degree
12 6 (13.64%) Stress Testing
13 5 (11.36%) Stochastic Calculus
13 5 (11.36%) Greeks
13 5 (11.36%) Statistics
13 5 (11.36%) Banking
13 5 (11.36%) Economics
13 5 (11.36%) Fixed Income
14 4 (9.09%) Econometrics
14 4 (9.09%) Java
14 4 (9.09%) Investment Banking
14 4 (9.09%) Quantitative Analysis

Quantitative Analyst
Top Related IT Skills in London by Category

For the 6 months to 18 April 2014, IT contractor jobs across the London region that cited Quantitative Analyst in their job title 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 with Quantitative Analyst in their job title. Up to 20 skills are shown per category.

Application Platforms
1 1 (2.27%) SAS
Applications
1 1 (2.27%) Spreadsheet
1 1 (2.27%) MS PowerPoint
1 1 (2.27%) MS Visio
1 1 (2.27%) MS Excel
1 1 (2.27%) S-PLUS
Business Applications
1 3 (6.82%) Summit
Development Applications
1 1 (2.27%) Selenium
1 1 (2.27%) Cucumber
General
1 30 (68.18%) Finance
2 7 (15.91%) Front Office
3 5 (11.36%) Banking
4 4 (9.09%) Investment Banking
5 2 (4.55%) Legal
6 1 (2.27%) Financial Institution
Miscellaneous
1 22 (50.00%) Mathematics
2 17 (38.64%) Derivative
3 10 (22.73%) Market Risk
4 9 (20.45%) Credit Risk
5 7 (15.91%) Foreign Exchange (FX)
6 5 (11.36%) Statistics
6 5 (11.36%) Economics
6 5 (11.36%) Fixed Income
7 3 (6.82%) Physics
8 1 (2.27%) Visualisation
8 1 (2.27%) Equity Derivative
Operating Systems
1 2 (4.55%) UNIX
Processes & Methodologies
1 30 (68.18%) Analytics
2 13 (29.55%) Risk Management
2 13 (29.55%) Validation
3 12 (27.27%) Statistical Analysis
4 6 (13.64%) Stress Testing
5 5 (11.36%) Stochastic Calculus
5 5 (11.36%) Greeks
6 4 (9.09%) Econometrics
6 4 (9.09%) Quantitative Analysis
7 3 (6.82%) Monte Carlo Method
7 3 (6.82%) Scrum
8 1 (2.27%) Continuous Improvement
8 1 (2.27%) User Stories
8 1 (2.27%) Wealth Management
8 1 (2.27%) Investment Management
8 1 (2.27%) Manual Testing
8 1 (2.27%) Agile Software Development
8 1 (2.27%) Business Analysis
8 1 (2.27%) Software Testing
8 1 (2.27%) Project Management
Programming Languages
1 34 (77.27%) C++
2 19 (43.18%) SQL
3 12 (27.27%) C#
3 12 (27.27%) Python
4 7 (15.91%) VBA
5 4 (9.09%) Java
5 4 (9.09%) R
6 2 (4.55%) Perl
7 1 (2.27%) Ruby
7 1 (2.27%) MATLAB
Qualifications
1 24 (54.55%) PhD
2 12 (27.27%) MBA
3 6 (13.64%) Degree
4 1 (2.27%) CFA
4 1 (2.27%) ISEB
Quality Assurance & Compliance
1 2 (4.55%) Basel III
1 2 (4.55%) CRD IV
2 1 (2.27%) Dodd-Frank
2 1 (2.27%) Solvency II
2 1 (2.27%) QA
2 1 (2.27%) Basel II
Vendors
1 1 (2.27%) Microsoft
City of London
Argyll Scott
Rate: £600 - £800 per day
Posted: Yesterday
London
Kite Consulting Group Limited
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £650 - £750 per day + Excellent & Neg
Posted: 10 days ago
City of London
Real Staffing
Rate: £600 - £800 per day
Posted: 20 days ago