The table below looks at the statistics for Quantitative Analysis skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 30 May 2016 with a comparison to the same period over 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.

3 months to
30 May 2016
Same period 2015 Same period 2014
Quantitative Analysis
Rank 631 588 589
Rank change year-on-year
-43 +1
Contract jobs citing Quantitative Analysis 13 35 29
As % of all contract IT jobs located in the UK 0.024% 0.064% 0.053%
As % of the Processes & Methodologies category 0.030% 0.080% 0.069%
Number of daily rates quoted 10 23 25
Median daily rate £492 £500 £303
Median daily rate % change year-on-year
-1.65% +65.01%
90% offered a daily rate of more than £224 £405 £218
10% offered a daily rate of more than £703 £750 £770
UK excluding London median daily rate - £600 £238
% change year-on-year
- +152.63%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
43957 43706 42107
As % of all contract IT jobs located in the UK 81.92% 79.33% 77.60%
Number of daily rates quoted 29196 27767 26626
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+6.06% +3.12%
90% offered a daily rate of more than £300 £280 £275
10% offered a daily rate of more than £600 £575 £550
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 1024 1244 1239
Median hourly rate £28.50 £29.00 £27.50
Median hourly rate % change year-on-year
-1.72% +5.45%
90% offered a hourly rate of more than £12.83 £12.36 £12.80
10% offered a hourly rate of more than £47.50 £47.83 £50.00
UK excluding London median hourly rate £32.50 £30.00 £30.00
% change year-on-year
+8.33% -

Quantitative Analysis
Jobs Demand Trend

The demand trend of contract jobs citing Quantitative Analysis as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Quantitative Analysis Jobs Demand Trend in the UK

Quantitative Analysis
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Quantitative Analysis within the UK.

Quantitative Analysis Daily Rate Trend in the UK

Quantitative Analysis
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Analysis within the UK over the 3 months to 30 May 2016.

Quantitative Analysis Daily Rate Histogram in the UK

Quantitative Analysis
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Quantitative Analysis within the UK.

Quantitative Analysis Hourly Rate Trend in the UK

Quantitative Analysis
Top 5 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 3 months to 30 May 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
England -14 13 £492 -1.65% 3
London -11 10 £492 -1.65% 2
West Midlands - 3 - - 1
City of London +44 1 £600 +17.07% 1
Solihull - 1 - -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 30 May 2016, IT contractor jobs citing Quantitative Analysis also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Quantitative Analysis.

1 15 (65.22%) Finance
2 8 (34.78%) Degree
3 7 (30.43%) Data Analysis
4 5 (21.74%) Derivative
4 5 (21.74%) Agile Software Development
4 5 (21.74%) Risk Management
4 5 (21.74%) Java
4 5 (21.74%) Statistics
4 5 (21.74%) Portfolio Management
5 4 (17.39%) Big Data
5 4 (17.39%) Project Planning
5 4 (17.39%) Analytical Skills
5 4 (17.39%) Python
5 4 (17.39%) Data Mining
5 4 (17.39%) Programme Management
5 4 (17.39%) Data Management
6 3 (13.04%) Document Management
6 3 (13.04%) Validation
6 3 (13.04%) VMS
6 3 (13.04%) Management Information System
6 3 (13.04%) MS Excel
6 3 (13.04%) Unix
6 3 (13.04%) Microsoft
6 3 (13.04%) Foreign Exchange (FX)
6 3 (13.04%) Algorithms
6 3 (13.04%) Master Data Management
6 3 (13.04%) Mathematics
6 3 (13.04%) Physics
6 3 (13.04%) Computer Science
6 3 (13.04%) Market Risk

Quantitative Analysis
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (8.70%) SAS
Applications
1 3 (13.04%) MS Excel
2 1 (4.35%) MS PowerPoint
2 1 (4.35%) MS Project
2 1 (4.35%) SPSS
Cloud Services
1 1 (4.35%) Amazon AWS
Communications & Networking
1 1 (4.35%) Internet
1 1 (4.35%) Intranet
Database & Business Intelligence
1 4 (17.39%) Big Data
1 4 (17.39%) Data Mining
2 2 (8.70%) KDB
3 1 (4.35%) PostgreSQL
General
1 15 (65.22%) Finance
2 2 (8.70%) Banking
2 2 (8.70%) Front Office
3 1 (4.35%) Legal
3 1 (4.35%) Retail
Job Titles
1 17 (73.91%) Analyst
2 4 (17.39%) Data Analyst
2 4 (17.39%) Developer
3 3 (13.04%) Business Analyst
3 3 (13.04%) PMO Analyst
3 3 (13.04%) Risk Analyst
3 3 (13.04%) Server Analyst
3 3 (13.04%) Technical Analyst
3 3 (13.04%) Technical Test Analyst
3 3 (13.04%) Test Analyst
4 2 (8.70%) GUI Developer
4 2 (8.70%) Java Developer
4 2 (8.70%) Java GUI Developer
4 2 (8.70%) Market Risk Developer
4 2 (8.70%) Project Analyst
4 2 (8.70%) Qualitative Analyst
4 2 (8.70%) Quantitative Analyst
4 2 (8.70%) Quantitative Developer
4 2 (8.70%) Quantitative Risk Analyst
5 1 (4.35%) Tester
Libraries, Frameworks & Software Standards
1 2 (8.70%) JavaFX
2 1 (4.35%) Web Services
Miscellaneous
1 5 (21.74%) Derivative
1 5 (21.74%) Statistics
2 4 (17.39%) Analytical Skills
3 3 (13.04%) Algorithms
3 3 (13.04%) Computer Science
3 3 (13.04%) Foreign Exchange (FX)
3 3 (13.04%) Management Information System
3 3 (13.04%) Market Risk
3 3 (13.04%) Mathematics
3 3 (13.04%) Physics
4 2 (8.70%) Credit Risk
4 2 (8.70%) Equity Derivative
5 1 (4.35%) Applied Mathematics
5 1 (4.35%) Life Science
5 1 (4.35%) Minimum Viable Product
5 1 (4.35%) Mobile App
5 1 (4.35%) NHS
5 1 (4.35%) User Experience
5 1 (4.35%) Visualisation
Operating Systems
1 3 (13.04%) Unix
1 3 (13.04%) VMS
Processes & Methodologies
1 7 (30.43%) Data Analysis
2 5 (21.74%) Agile Software Development
2 5 (21.74%) Portfolio Management
2 5 (21.74%) Risk Management
3 4 (17.39%) Data Management
3 4 (17.39%) Programme Management
3 4 (17.39%) Project Planning
4 3 (13.04%) Document Management
4 3 (13.04%) Manual Testing
4 3 (13.04%) Master Data Management
4 3 (13.04%) Root Cause Analysis
4 3 (13.04%) Statistical Modelling
4 3 (13.04%) Validation
5 2 (8.70%) Analytics
5 2 (8.70%) Reverse Engineering
5 2 (8.70%) Statistical Analysis
5 2 (8.70%) Time Management
6 1 (4.35%) Competitor Analysis
6 1 (4.35%) Financial Modelling
6 1 (4.35%) Usability Testing
Programming Languages
1 5 (21.74%) Java
2 4 (17.39%) Python
3 2 (8.70%) C#
3 2 (8.70%) Haskell
4 1 (4.35%) SQL
Qualifications
1 8 (34.78%) Degree
Quality Assurance & Compliance
1 3 (13.04%) Data Quality
2 1 (4.35%) QA
Vendors
1 3 (13.04%) Microsoft
2 1 (4.35%) Cognos
2 1 (4.35%) IBM