The table below looks at the statistics for Quantitative Analysis skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited Quantitative Analysis over the 3 months to 31 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
31 Jul 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 602 589 568
Rank change year-on-year
-13 -21
Contract jobs citing Quantitative Analysis 18 22 11
As % of all contract IT jobs located in the UK 0.032% 0.040% 0.022%
As % of the Processes & Methodologies category 0.041% 0.053% 0.029%
Number of daily rates quoted 11 17 10
Average daily rate
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£475 £450 £488
Average daily rate % change year-on-year
+5.55% -7.69%
90% offered a daily rate of more than £363 £276 £175
10% offered a daily rate of more than £725 £710 £700
UK excluding London average daily rate £363 £400 -
% change year-on-year
-9.37% -
Number of hourly rates quoted 0 1 0
Average hourly rate - £14.50 -
UK excluding London average hourly rate - £14.50 -

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
44182 41616 38228
As % of all contract IT jobs located in the UK 77.70% 76.15% 74.80%
Number of daily rates quoted 28632 25727 23174
Average daily rate £415 £400 £405
Average daily rate % change year-on-year
+3.75% -1.23%
90% offered a daily rate of more than £285 £275 £270
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 1181 1176 1105
Average hourly rate £30.00 £25.00 £30.50
Average hourly rate % change year-on-year
+20.00% -18.03%
90% offered a hourly rate of more than £12.50 £12.85 £12.50
10% offered a hourly rate of more than £52.17 £50.00 £50.00
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

Quantitative Analysis
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Quantitative Analysis within the UK as a proportion of the total demand within 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 31 July 2015.

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 10 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Quantitative Analysis within the UK over the 3 months to 31 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
England -27 18 £475 +5.55% 11
London -6 12 £538 +19.44% 7
City of London -9 5 £600 +33.33% 2
North West - 3 £450 -
Manchester - 3 £450 -
South East -11 2 - -
Oxford - 2 - -
Oxfordshire - 2 - -
Bristol - 1 £363 - 1
South West - 1 £363 - 1

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 31 July 2015, IT contractor jobs within the UK citing Quantitative Analysis also 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 that cited Quantitative Analysis.

1 41 (57.75%) Finance
2 21 (29.58%) Degree
3 20 (28.17%) Front Office
3 20 (28.17%) Java
3 20 (28.17%) Python
4 17 (23.94%) VBA
5 15 (21.13%) RAD
6 13 (18.31%) Statistics
7 12 (16.90%) Banking
7 12 (16.90%) Analytics
8 11 (15.49%) Investment Banking
9 10 (14.08%) Validation
9 10 (14.08%) MATLAB
9 10 (14.08%) Go
9 10 (14.08%) Credit Risk
10 9 (12.68%) SQL
10 9 (12.68%) Agile Software Development
11 8 (11.27%) Statistical Analysis
12 7 (9.86%) Project Planning
12 7 (9.86%) Equities
12 7 (9.86%) Data Analysis
12 7 (9.86%) C++
12 7 (9.86%) SharePoint
12 7 (9.86%) SAS
12 7 (9.86%) Qualitative Analysis
12 7 (9.86%) Information Governance
13 6 (8.45%) R
13 6 (8.45%) User Experience
13 6 (8.45%) Hadoop
13 6 (8.45%) NoSQL

Quantitative Analysis
Top Related IT Skills by Category

For the 6 months to 31 July 2015, IT contractor jobs within the UK citing Quantitative Analysis also 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 that cited Quantitative Analysis. Up to 20 skills are shown per category.

Application Platforms
1 7 (9.86%) SharePoint
1 7 (9.86%) SAS
2 3 (4.23%) CMS
3 2 (2.82%) Apache Pig
3 2 (2.82%) Apache Spark
Applications
1 3 (4.23%) MS Office
2 2 (2.82%) MS Excel
2 2 (2.82%) MS Visio
2 2 (2.82%) Spreadsheet
3 1 (1.41%) MS PowerPoint
Business Applications
1 1 (1.41%) HFM
1 1 (1.41%) Front Arena
Cloud Services
1 5 (7.04%) Amazon AWS
1 5 (7.04%) SaaS
2 3 (4.23%) PaaS
2 3 (4.23%) IaaS
2 3 (4.23%) Cloud Computing
2 3 (4.23%) Microsoft Azure
Communications & Networking
1 3 (4.23%) Broadband
1 3 (4.23%) IPv6
1 3 (4.23%) Internet
1 3 (4.23%) Network Security
2 1 (1.41%) NGN
Database & Business Intelligence
1 6 (8.45%) Hadoop
1 6 (8.45%) NoSQL
2 4 (5.63%) Big Data
3 3 (4.23%) OLAP
3 3 (4.23%) SQL Server
4 2 (2.82%) Microsoft Analysis Services
4 2 (2.82%) OLAP Cube
4 2 (2.82%) Apache Hive
4 2 (2.82%) MySQL
4 2 (2.82%) SQL Server Analysis Services
5 1 (1.41%) Relational Database
5 1 (1.41%) QlikView
5 1 (1.41%) DB2
5 1 (1.41%) MS Access
5 1 (1.41%) Data Mining
5 1 (1.41%) Essbase
General
1 41 (57.75%) Finance
2 20 (28.17%) Front Office
3 12 (16.90%) Banking
4 11 (15.49%) Investment Banking
5 5 (7.04%) Marketing
5 5 (7.04%) French Language
5 5 (7.04%) Games
6 4 (5.63%) Telecoms
7 3 (4.23%) Multimedia
8 1 (1.41%) Retail
8 1 (1.41%) Advertising
8 1 (1.41%) German Language
8 1 (1.41%) Retail Banking
8 1 (1.41%) Corporate Banking
Job Titles
1 34 (47.89%) Analyst
2 20 (28.17%) Developer
3 13 (18.31%) Quantitative Analyst
4 12 (16.90%) RAD Developer
5 9 (12.68%) Risk Analyst
6 7 (9.86%) Data Analyst
7 6 (8.45%) Java Developer
7 6 (8.45%) Excel Developer
7 6 (8.45%) Data Scientist
8 5 (7.04%) Python Developer
8 5 (7.04%) Business Analyst
9 4 (5.63%) Senior Analyst
9 4 (5.63%) Quantitative Risk Analyst
10 3 (4.23%) Credit Analyst
10 3 (4.23%) Analyst Developer
10 3 (4.23%) Business Consultant
10 3 (4.23%) Project Manager
10 3 (4.23%) Consultant
10 3 (4.23%) Front Office Developer
10 3 (4.23%) Risk Manager
Libraries, Frameworks & Software Standards
1 2 (2.82%) Swing
2 1 (1.41%) Middleware
2 1 (1.41%) .NET
Miscellaneous
1 13 (18.31%) Statistics
2 10 (14.08%) Credit Risk
3 7 (9.86%) Equities
4 6 (8.45%) User Experience
5 5 (7.04%) Foreign Exchange (FX)
6 4 (5.63%) Derivative
6 4 (5.63%) Analytical Skills
7 3 (4.23%) Data Centre
7 3 (4.23%) Streaming Video
8 2 (2.82%) Fixed Income
8 2 (2.82%) NHS
8 2 (2.82%) Economics
8 2 (2.82%) Mathematics
8 2 (2.82%) Physics
8 2 (2.82%) Equity Derivative
8 2 (2.82%) Algorithms
8 2 (2.82%) Visualisation
9 1 (1.41%) Hedge funds
9 1 (1.41%) Computer Science
9 1 (1.41%) Index Arbitrage
Operating Systems
1 4 (5.63%) Linux
2 2 (2.82%) Apple iOS
2 2 (2.82%) Windows
3 1 (1.41%) Solaris
3 1 (1.41%) UNIX
Processes & Methodologies
1 15 (21.13%) RAD
2 12 (16.90%) Analytics
3 10 (14.08%) Validation
4 9 (12.68%) Agile Software Development
5 8 (11.27%) Statistical Analysis
6 7 (9.86%) Project Planning
6 7 (9.86%) Data Analysis
6 7 (9.86%) Information Governance
6 7 (9.86%) Qualitative Analysis
7 6 (8.45%) Business Intelligence
7 6 (8.45%) Risk Management
8 5 (7.04%) Greeks
9 4 (5.63%) Stress Testing
9 4 (5.63%) Project Management
10 3 (4.23%) E-Commerce
10 3 (4.23%) Data Management
10 3 (4.23%) Content Management
10 3 (4.23%) Business Development
10 3 (4.23%) Time Management
10 3 (4.23%) Marketing Strategy
Programming Languages
1 20 (28.17%) Java
1 20 (28.17%) Python
2 17 (23.94%) VBA
3 10 (14.08%) MATLAB
3 10 (14.08%) Go
4 9 (12.68%) SQL
5 7 (9.86%) C++
6 6 (8.45%) R
7 5 (7.04%) JavaScript
8 4 (5.63%) C#
9 2 (2.82%) C
10 1 (1.41%) Perl
10 1 (1.41%) T-SQL
10 1 (1.41%) VB
10 1 (1.41%) Shell Script
Qualifications
1 21 (29.58%) Degree
2 3 (4.23%) PhD
3 1 (1.41%) BC Cleared
3 1 (1.41%) Security Cleared
Quality Assurance & Compliance
1 3 (4.23%) AIFMD
2 1 (1.41%) QA
Vendors
1 2 (2.82%) Murex
1 2 (2.82%) Tableau
1 2 (2.82%) Facebook
2 1 (1.41%) Solace
2 1 (1.41%) Talarian
2 1 (1.41%) Hyperion
2 1 (1.41%) Informatica
2 1 (1.41%) TIBCO
2 1 (1.41%) Google
2 1 (1.41%) Sybase
2 1 (1.41%) SAP
2 1 (1.41%) Microsoft
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 4 days ago
Bristol
Real Staffing
Rate: £325 - £375 per day + competitive
Posted: 24 days ago