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 28 July 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 Jul 2015
Same period 2014 Same period 2013
Quant Developer
Rank 372 352 347
Rank change year-on-year
-20 -5
Contract jobs requiring a Quantitative Developer 35 56 69
As % of all contract IT jobs located in London 0.15% 0.24% 0.28%
As % of the Job Titles category 0.16% 0.26% 0.31%
Number of daily rates quoted 34 50 61
Average daily rate
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£638 £650 £625
Average daily rate % change year-on-year
-1.92% +4.00%
90% offered a daily rate of more than £486 £600 £575
10% offered a daily rate of more than £850 £800 £700
UK excluding London average daily rate - - -
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
21729 21904 22439
As % of all contract IT jobs located in London 92.22% 92.87% 92.56%
Number of daily rates quoted 15292 15039 15272
Average daily rate £450 £425 £450
Average daily rate % change year-on-year
+5.88% -5.55%
90% offered a daily rate of more than £275 £265 £275
10% offered a daily rate of more than £620 £600 £600
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 356 405 473
Average hourly rate £18.00 £17.50 £20.00
Average hourly rate % change year-on-year
+2.85% -12.50%
90% offered a hourly rate of more than £11.80 £11.50 £13.00
10% offered a hourly rate of more than £50.00 £42.50 £43.10
UK excluding London average hourly rate £16.50 £16.50 £17.23
% change year-on-year
- -4.20%

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 28 July 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 28 July 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 -16 12 £545 -16.15% 4
Quantitative Developer
England

Quantitative Developer
Top 30 Related IT Skills in London

For the 6 months to 28 July 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 54 (88.52%) C++
2 33 (54.10%) Front Office
3 27 (44.26%) C#
4 25 (40.98%) Finance
5 20 (32.79%) Python
6 19 (31.15%) Analytics
7 18 (29.51%) Mathematics
8 17 (27.87%) Fixed Income
8 17 (27.87%) Derivative
8 17 (27.87%) VBA
9 15 (24.59%) OO
9 15 (24.59%) Credit Risk
10 14 (22.95%) Banking
11 13 (21.31%) Monte Carlo Method
12 12 (19.67%) PhD
13 11 (18.03%) SQL
13 11 (18.03%) Investment Banking
13 11 (18.03%) Computer Science
14 10 (16.39%) Physics
14 10 (16.39%) Multithreading
14 10 (16.39%) Analytical Skills
14 10 (16.39%) Algorithms
15 9 (14.75%) TDD
15 9 (14.75%) Risk Management
16 8 (13.11%) Financial Institution
16 8 (13.11%) .NET
16 8 (13.11%) Degree
17 7 (11.48%) Data Structures
17 7 (11.48%) Grid Computing
18 6 (9.84%) Workflow

Quantitative Developer
Top Related IT Skills in London by Category

For the 6 months to 28 July 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 (4.92%) MS Excel
2 1 (1.64%) Spreadsheet
Cloud Services
1 1 (1.64%) Cloud Computing
1 1 (1.64%) Microsoft Azure
Database & Business Intelligence
1 5 (8.20%) SQL Server
2 3 (4.92%) Big Data
3 2 (3.28%) SQL Server Reporting Services
4 1 (1.64%) SQL Server Integration Services
Development Applications
1 1 (1.64%) Subversion
1 1 (1.64%) Jenkins
General
1 33 (54.10%) Front Office
2 25 (40.98%) Finance
3 14 (22.95%) Banking
4 11 (18.03%) Investment Banking
5 8 (13.11%) Financial Institution
6 1 (1.64%) Retail
Libraries, Frameworks & Software Standards
1 8 (13.11%) .NET
2 6 (9.84%) SciPy
2 6 (9.84%) NumPy
3 5 (8.20%) Pandas
4 3 (4.92%) Boost C++ Libraries
4 3 (4.92%) STL
5 2 (3.28%) XML
5 2 (3.28%) Django
6 1 (1.64%) Twisted
6 1 (1.64%) Middleware
6 1 (1.64%) COM
Miscellaneous
1 18 (29.51%) Mathematics
2 17 (27.87%) Fixed Income
2 17 (27.87%) Derivative
3 15 (24.59%) Credit Risk
4 11 (18.03%) Computer Science
5 10 (16.39%) Physics
5 10 (16.39%) Analytical Skills
5 10 (16.39%) Algorithms
6 7 (11.48%) Data Structures
6 7 (11.48%) Grid Computing
7 5 (8.20%) Equities
7 5 (8.20%) Foreign Exchange (FX)
8 4 (6.56%) Interest Rate Derivative
9 1 (1.64%) Management Information System
9 1 (1.64%) Credit Derivative
9 1 (1.64%) Market Risk
9 1 (1.64%) Wiki
9 1 (1.64%) Swaptions
Operating Systems
1 6 (9.84%) Linux
2 5 (8.20%) Windows
3 3 (4.92%) UNIX
Processes & Methodologies
1 19 (31.15%) Analytics
2 15 (24.59%) OO
3 13 (21.31%) Monte Carlo Method
4 10 (16.39%) Multithreading
5 9 (14.75%) Risk Management
5 9 (14.75%) TDD
6 6 (9.84%) Workflow
6 6 (9.84%) Unit Testing
6 6 (9.84%) Functional Programming
7 5 (8.20%) Low Latency
7 5 (8.20%) Continuous Integration
7 5 (8.20%) Asset Management
8 4 (6.56%) Agile Software Development
8 4 (6.56%) Risk Analytics
9 3 (4.92%) Configuration Management
9 3 (4.92%) Validation
9 3 (4.92%) Data Modelling
10 2 (3.28%) RAD
10 2 (3.28%) Regression Testing
10 2 (3.28%) Memory Management
Programming Languages
1 54 (88.52%) C++
2 27 (44.26%) C#
3 20 (32.79%) Python
4 17 (27.87%) VBA
5 11 (18.03%) SQL
6 6 (9.84%) Java
7 5 (8.20%) Perl
7 5 (8.20%) C
7 5 (8.20%) R
8 4 (6.56%) F#
9 3 (4.92%) MATLAB
10 1 (1.64%) C++/CLI
10 1 (1.64%) PowerShell
Qualifications
1 12 (19.67%) PhD
2 8 (13.11%) Degree
Quality Assurance & Compliance
1 2 (3.28%) QA
Systems Management
1 1 (1.64%) Control-M
Vendors
1 3 (4.92%) Oracle
1 3 (4.92%) Microsoft
2 1 (1.64%) Murex
2 1 (1.64%) Sybase
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 6 days ago
City, London
TEKsystems
Rate: £600 - £650 per annum
Posted: 6 days ago
London
Hays IT - Uk Posting account
Rate: £750.00 - £830.00 per day
Posted: 8 days ago