The table below looks at the statistics 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 11 February 2016 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
11 Feb 2016
Same period 2015 Same period 2014
Quant Analyst
Rank 381 408 390
Rank change year-on-year
+27 -18
Contract jobs requiring a Quantitative Analyst 27 7 17
As % of all contract IT jobs located in London 0.13% 0.033% 0.077%
As % of the Job Titles category 0.13% 0.035% 0.081%
Number of daily rates quoted 24 5 16
Average daily rate £688 £725 £650
Average daily rate % change year-on-year
-5.17% +11.53%
90% offered a daily rate of more than £550 £601 £475
10% offered a daily rate of more than £805 £755 £675
UK excluding London average daily rate £675 - £425
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quantitative Analyst
England

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised in the London region. Most job vacancies include a discernible job title. As such the figures in the first row provide an indication of the total number of contract jobs in the overall sample.

Job Titles Category
London
Contract IT job ads with a match in the
Job Titles category
20052 20041 20862
As % of all contract IT jobs located in London 94.68% 94.50% 94.77%
Number of daily rates quoted 14187 14178 14151
Average daily rate £450 £450 £435
Average daily rate % change year-on-year
- +3.44%
90% offered a daily rate of more than £290 £275 £270
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £375 £375 £350
% change year-on-year
- +7.14%
Number of hourly rates quoted 309 344 401
Average hourly rate £17.50 £18.00 £20.00
Average hourly rate % change year-on-year
-2.77% -10.00%
90% offered a hourly rate of more than £11.00 £12.50 £13.49
10% offered a hourly rate of more than £47.70 £37.00 £41.50
UK excluding London average hourly rate £17.50 £16.50 £16.50
% change year-on-year
+6.06% -

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 11 February 2016.

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 11 February 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
(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 +35 2 £688 +19.56% 2
Quantitative Analyst
England

Quantitative Analyst
Top 30 Related IT Skills in London

For the 6 months to 11 February 2016, 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 52 (77.61%) Finance
2 44 (65.67%) C++
3 34 (50.75%) Mathematics
4 26 (38.81%) C#
4 26 (38.81%) PhD
5 25 (37.31%) Banking
6 24 (35.82%) Physics
7 23 (34.33%) Investment Banking
8 22 (32.84%) Python
9 19 (28.36%) Degree
9 19 (28.36%) Derivative
10 16 (23.88%) Statistics
10 16 (23.88%) Market Risk
10 16 (23.88%) Validation
11 11 (16.42%) Risk Management
11 11 (16.42%) VBA
12 9 (13.43%) Analytics
13 8 (11.94%) Analytical Skills
13 8 (11.94%) Credit Risk
13 8 (11.94%) QA
13 8 (11.94%) Front Office
14 7 (10.45%) XML
14 7 (10.45%) OO
15 6 (8.96%) Equity Derivative
15 6 (8.96%) R
15 6 (8.96%) Statistical Modelling
16 5 (7.46%) Monte Carlo Method
16 5 (7.46%) Foreign Exchange (FX)
16 5 (7.46%) Algorithmics
16 5 (7.46%) MATLAB

Quantitative Analyst
Top Related IT Skills in London by Category

For the 6 months to 11 February 2016, 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 2 (2.99%) IIS
1 2 (2.99%) SAS
Applications
1 2 (2.99%) Spreadsheet
2 1 (1.49%) MS Excel
Cloud Services
1 1 (1.49%) Cloud Computing
Communications & Networking
1 1 (1.49%) HTTP
Database & Business Intelligence
1 2 (2.99%) SQL Server
1 2 (2.99%) SQL Server Integration Services
2 1 (1.49%) Apache Hive
2 1 (1.49%) Big Data
2 1 (1.49%) Hadoop
Development Applications
1 4 (5.97%) HP UFT
1 4 (5.97%) Selenium
2 2 (2.99%) Visual Studio
General
1 52 (77.61%) Finance
2 25 (37.31%) Banking
3 23 (34.33%) Investment Banking
4 8 (11.94%) Front Office
5 3 (4.48%) Financial Institution
5 3 (4.48%) Retail
Libraries, Frameworks & Software Standards
1 7 (10.45%) XML
2 5 (7.46%) .NET
3 4 (5.97%) MSMQ
4 2 (2.99%) Web Services
4 2 (2.99%) WPF
5 1 (1.49%) XSLT
Miscellaneous
1 34 (50.75%) Mathematics
2 24 (35.82%) Physics
3 19 (28.36%) Derivative
4 16 (23.88%) Market Risk
4 16 (23.88%) Statistics
5 8 (11.94%) Analytical Skills
5 8 (11.94%) Credit Risk
6 6 (8.96%) Equity Derivative
7 5 (7.46%) Equities
7 5 (7.46%) Foreign Exchange (FX)
8 4 (5.97%) Fixed Income
9 3 (4.48%) Algorithms
10 2 (2.99%) Credit Derivative
10 2 (2.99%) Swaptions
11 1 (1.49%) Computer Science
11 1 (1.49%) Economics
11 1 (1.49%) Management Information System
Processes & Methodologies
1 16 (23.88%) Validation
2 11 (16.42%) Risk Management
3 9 (13.43%) Analytics
4 7 (10.45%) OO
5 6 (8.96%) Statistical Modelling
6 5 (7.46%) Business Analysis
6 5 (7.46%) Monte Carlo Method
7 4 (5.97%) Stress Testing
7 4 (5.97%) Test Automation
8 3 (4.48%) Stochastic Calculus
9 2 (2.99%) Asset Management
9 2 (2.99%) CRM
9 2 (2.99%) Econometrics
9 2 (2.99%) Numerical Analysis
9 2 (2.99%) Probability Theory
9 2 (2.99%) Quantitative Analysis
10 1 (1.49%) Business Intelligence
10 1 (1.49%) Project Management
10 1 (1.49%) Risk Assessment
10 1 (1.49%) Stakeholder Management
Programming Languages
1 44 (65.67%) C++
2 26 (38.81%) C#
3 22 (32.84%) Python
4 11 (16.42%) VBA
5 6 (8.96%) R
6 5 (7.46%) MATLAB
6 5 (7.46%) SQL
7 2 (2.99%) C
8 1 (1.49%) Ada
8 1 (1.49%) Java
Qualifications
1 26 (38.81%) PhD
2 19 (28.36%) Degree
3 2 (2.99%) CFA
Quality Assurance & Compliance
1 8 (11.94%) QA
Vendors
1 5 (7.46%) Algorithmics
2 3 (4.48%) Murex
3 1 (1.49%) Sophis
City, London
TEKsystems
Rate: £600 - £750 per day
Posted: Yesterday
London
Hatstand Limited
Rate: £500 - £600 per day
Posted: 2 days ago