The table below looks at the statistics for the Quantitative Developer 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 Developer in their job title over the 3 months to 6 March 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
6 Mar 2015
Same period 2014 Same period 2013
Quant Developer
Rank 355 345 364
Rank change year-on-year
-10 +19
Contract jobs requiring a Quantitative Developer 32 39 13
As % of all contract IT jobs located in London 0.16% 0.18% 0.065%
As % of the Job Titles category 0.17% 0.20% 0.070%
Number of daily rates quoted 30 35 8
Average daily rate
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£645 £675 £575
Average daily rate % change year-on-year
-4.44% +17.39%
UK excluding London average daily rate - - £600
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Quantitative Developer
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
19003 19763 18521
As % of all contract IT jobs located in London 92.50% 93.07% 93.11%
Number of daily rates quoted 13210 13394 12655
Average daily rate £450 £425 £430
Average daily rate % change year-on-year
+5.88% -1.16%
90% offered a daily rate of more than £275 £270 £275
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 315 376 415
Average hourly rate £18.70 £18.50 £19.00
Average hourly rate % change year-on-year
+1.08% -2.63%
90% offered a hourly rate of more than £12.50 £12.50 £12.00
10% offered a hourly rate of more than £50.00 £45.00 £42.50
UK excluding London average hourly rate £16.60 £17.00 £17.50
% change year-on-year
-2.35% -2.85%

Quantitative Developer
Jobs Demand Trend in London

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

Quantitative Developer Jobs Demand Trend in London

Quantitative Developer
Daily Rate Trend in London

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

Quantitative Developer Daily Rate Trend in London

Quantitative Developer
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Developer across the London region over the 3 months to 6 March 2015.

Quantitative Developer Daily Rate Histogram in London

Quantitative Developer
Hourly Rate Trend in London

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

Quantitative Developer Hourly Rate Trend in London

Quantitative Developer
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 Developer within the London region over the 3 months to 6 March 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 +8 9 £655 -2.96% 3
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 6 March 2015, IT contractor jobs across the London region that cited Quantitative Developer 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 Developer in their job title.

1 85 (78.70%) C++
2 51 (47.22%) C#
3 47 (43.52%) Front Office
4 44 (40.74%) .NET
5 39 (36.11%) Analytics
5 39 (36.11%) Banking
6 37 (34.26%) Investment Banking
6 37 (34.26%) Finance
7 31 (28.70%) Windows
7 31 (28.70%) Mathematics
8 28 (25.93%) VBA
9 27 (25.00%) Python
10 24 (22.22%) SQL
11 23 (21.30%) Analytical Skills
12 22 (20.37%) Computer Science
13 20 (18.52%) Physics
14 19 (17.59%) Derivative
15 18 (16.67%) Risk Management
15 18 (16.67%) OO
15 18 (16.67%) Foreign Exchange (FX)
15 18 (16.67%) Degree
16 16 (14.81%) Linux
16 16 (14.81%) Fixed Income
17 13 (12.04%) Credit Risk
17 13 (12.04%) Monte Carlo Method
18 12 (11.11%) Data Modelling
18 12 (11.11%) Microsoft
18 12 (11.11%) STL
19 11 (10.19%) Risk Assessment
20 10 (9.26%) PhD

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 6 March 2015, IT contractor jobs across the London region that cited Quantitative Developer 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 Developer in their job title. Up to 20 skills are shown per category.

Applications
1 3 (2.78%) MS Excel
1 3 (2.78%) Spreadsheet
Business Applications
1 1 (0.93%) FINCAD Analytics
Database & Business Intelligence
1 3 (2.78%) SQL Server
Development Applications
1 3 (2.78%) Visual Studio
1 3 (2.78%) Subversion
1 3 (2.78%) yacc
1 3 (2.78%) ANTLR
2 1 (0.93%) Visual Studio Tools for Office
2 1 (0.93%) JIRA
General
1 47 (43.52%) Front Office
2 39 (36.11%) Banking
3 37 (34.26%) Investment Banking
3 37 (34.26%) Finance
4 1 (0.93%) Aerospace
4 1 (0.93%) Automotive
Libraries, Frameworks & Software Standards
1 44 (40.74%) .NET
2 12 (11.11%) STL
3 7 (6.48%) Boost C++ Libraries
4 4 (3.70%) WPF
5 2 (1.85%) HTML5
5 2 (1.85%) HTML
5 2 (1.85%) COM
6 1 (0.93%) ASP.NET
6 1 (0.93%) .NET Framework
6 1 (0.93%) FIX Protocol
Miscellaneous
1 31 (28.70%) Mathematics
2 23 (21.30%) Analytical Skills
3 22 (20.37%) Computer Science
4 20 (18.52%) Physics
5 19 (17.59%) Derivative
6 18 (16.67%) Foreign Exchange (FX)
7 16 (14.81%) Fixed Income
8 13 (12.04%) Credit Risk
9 8 (7.41%) Grid Computing
9 8 (7.41%) Equities
10 6 (5.56%) Equity Derivative
11 3 (2.78%) Statistics
11 3 (2.78%) Algorithms
12 2 (1.85%) Open Source
13 1 (0.93%) Client/Server
13 1 (0.93%) Market Risk
13 1 (0.93%) Interest Rate Derivative
13 1 (0.93%) Artificial Intelligence
13 1 (0.93%) Exotic Derivative
Operating Systems
1 31 (28.70%) Windows
2 16 (14.81%) Linux
3 2 (1.85%) UNIX
Processes & Methodologies
1 39 (36.11%) Analytics
2 18 (16.67%) OO
2 18 (16.67%) Risk Management
3 13 (12.04%) Monte Carlo Method
4 12 (11.11%) Data Modelling
5 11 (10.19%) Risk Assessment
6 9 (8.33%) Validation
6 9 (8.33%) Software Engineering
7 8 (7.41%) Risk Analytics
8 7 (6.48%) Multithreading
8 7 (6.48%) RAD
8 7 (6.48%) Low Latency
9 6 (5.56%) Technical Analysis
10 5 (4.63%) Software Architecture
11 4 (3.70%) Agile Software Development
11 4 (3.70%) Performance Tuning
12 3 (2.78%) Asset Management
12 3 (2.78%) Workflow
13 2 (1.85%) Fund Management
13 2 (1.85%) Continuous Integration
Programming Languages
1 85 (78.70%) C++
2 51 (47.22%) C#
3 28 (25.93%) VBA
4 27 (25.00%) Python
5 24 (22.22%) SQL
6 9 (8.33%) MATLAB
7 8 (7.41%) Java
8 7 (6.48%) Perl
9 5 (4.63%) VC++
10 4 (3.70%) R
11 2 (1.85%) C++/CLI
12 1 (0.93%) VB6
12 1 (0.93%) VB
12 1 (0.93%) C
Qualifications
1 18 (16.67%) Degree
2 10 (9.26%) PhD
Quality Assurance & Compliance
1 1 (0.93%) QA
1 1 (0.93%) Basel III
System Software
1 2 (1.85%) Platform Symphony
Vendors
1 12 (11.11%) Microsoft
2 8 (7.41%) Oracle
3 3 (2.78%) DataSynapse
4 1 (0.93%) TIBCO
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