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 1 September 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
1 Sep 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 603 594 574
Rank change year-on-year
-9 -20
Contract jobs citing Quantitative Analysis 22 22 18
As % of all contract IT jobs located in the UK 0.037% 0.039% 0.034%
As % of the Processes & Methodologies category 0.048% 0.051% 0.046%
Number of daily rates quoted 18 17 14
Average daily rate
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£563 £450 £444
Average daily rate % change year-on-year
+25.00% +1.40%
90% offered a daily rate of more than £371 £353 £216
10% offered a daily rate of more than £638 £700 £700
UK excluding London average daily rate £550 £400 £313
% change year-on-year
+37.50% +28.00%
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
46308 43027 39494
As % of all contract IT jobs located in the UK 78.00% 76.06% 74.94%
Number of daily rates quoted 30197 26668 24243
Average daily rate £425 £410 £400
Average daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £288 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 1250 1176 1099
Average hourly rate £31.44 £24.00 £29.00
Average hourly rate % change year-on-year
+31.00% -17.24%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £51.30 £50.00 £50.00
UK excluding London average hourly rate £32.52 £25.75 £30.50
% change year-on-year
+26.29% -15.57%

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 1 September 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 1 September 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 -11 22 £563 +25.00% 7
London 0 17 £575 +27.77% 5
City of London +4 4 £600 +43.28% 2
Manchester - 3 £550 - 2
North West - 3 £550 - 2
Canary Wharf - 1 £475 -
Bristol - 1 £363 -
Birmingham - 1 - -
South West - 1 £363 -
West Midlands - 1 - -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 1 September 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 32 (56.14%) Finance
2 14 (24.56%) Front Office
2 14 (24.56%) Java
3 13 (22.81%) Python
4 12 (21.05%) Banking
5 10 (17.54%) Degree
5 10 (17.54%) RAD
5 10 (17.54%) Validation
6 9 (15.79%) Project Management
6 9 (15.79%) SQL
7 8 (14.04%) Risk Management
7 8 (14.04%) Agile Software Development
7 8 (14.04%) Go
8 7 (12.28%) Data Analysis
8 7 (12.28%) Investment Banking
8 7 (12.28%) VBA
8 7 (12.28%) MS Office
9 6 (10.53%) C++
9 6 (10.53%) Business Intelligence
9 6 (10.53%) Microsoft
9 6 (10.53%) Business Analysis
9 6 (10.53%) Statistics
9 6 (10.53%) Hadoop
9 6 (10.53%) NoSQL
10 5 (8.77%) Analytics
10 5 (8.77%) Continuous Improvement
10 5 (8.77%) User Experience
10 5 (8.77%) Games
10 5 (8.77%) MS Excel
10 5 (8.77%) Data Modelling

Quantitative Analysis
Top Related IT Skills by Category

For the 6 months to 1 September 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 2 (3.51%) Apache Pig
1 2 (3.51%) Apache Spark
2 1 (1.75%) SharePoint 2013
2 1 (1.75%) SharePoint
2 1 (1.75%) SAS
Applications
1 7 (12.28%) MS Office
2 5 (8.77%) MS Excel
3 2 (3.51%) MS Visio
4 1 (1.75%) MS PowerPoint
4 1 (1.75%) Spreadsheet
Business Applications
1 1 (1.75%) HFM
1 1 (1.75%) Dynamics CRM
Cloud Services
1 4 (7.02%) Amazon AWS
1 4 (7.02%) SaaS
2 2 (3.51%) PaaS
2 2 (3.51%) IaaS
2 2 (3.51%) Cloud Computing
2 2 (3.51%) Microsoft Azure
Communications & Networking
1 2 (3.51%) Broadband
1 2 (3.51%) IPv6
1 2 (3.51%) Internet
1 2 (3.51%) Network Security
2 1 (1.75%) NGN
Database & Business Intelligence
1 6 (10.53%) Hadoop
1 6 (10.53%) NoSQL
2 4 (7.02%) Big Data
3 3 (5.26%) OLAP
3 3 (5.26%) SQL Server
4 2 (3.51%) Microsoft Analysis Services
4 2 (3.51%) OLAP Cube
4 2 (3.51%) Apache Hive
4 2 (3.51%) MySQL
4 2 (3.51%) SQL Server Analysis Services
5 1 (1.75%) Relational Database
5 1 (1.75%) QlikView
5 1 (1.75%) DB2
5 1 (1.75%) MS Access
5 1 (1.75%) Data Mining
5 1 (1.75%) Essbase
General
1 32 (56.14%) Finance
2 14 (24.56%) Front Office
3 12 (21.05%) Banking
4 7 (12.28%) Investment Banking
5 5 (8.77%) Games
6 4 (7.02%) Marketing
7 3 (5.26%) Telecoms
8 2 (3.51%) Retail
8 2 (3.51%) Multimedia
8 2 (3.51%) French Language
9 1 (1.75%) Retail Banking
9 1 (1.75%) Corporate Banking
Job Titles
1 30 (52.63%) Analyst
2 14 (24.56%) Developer
3 12 (21.05%) Quantitative Analyst
4 10 (17.54%) Business Analyst
5 8 (14.04%) RAD Developer
6 6 (10.53%) Data Scientist
6 6 (10.53%) Risk Analyst
6 6 (10.53%) Data Analyst
7 5 (8.77%) Project Manager
7 5 (8.77%) Senior Analyst
7 5 (8.77%) Risk Manager
8 4 (7.02%) Senior Business Analyst
8 4 (7.02%) Quantitative Risk Analyst
9 3 (5.26%) Front Office Developer
9 3 (5.26%) Java Developer
9 3 (5.26%) Analyst Developer
9 3 (5.26%) Research Manager
10 2 (3.51%) Python Developer
10 2 (3.51%) Excel Developer
10 2 (3.51%) Video Game Developer
Libraries, Frameworks & Software Standards
1 2 (3.51%) Swing
2 1 (1.75%) Middleware
2 1 (1.75%) .NET
Miscellaneous
1 6 (10.53%) Statistics
2 5 (8.77%) User Experience
3 4 (7.02%) Foreign Exchange (FX)
3 4 (7.02%) Derivative
4 3 (5.26%) Equities
4 3 (5.26%) Credit Risk
4 3 (5.26%) Analytical Skills
5 2 (3.51%) Algorithms
5 2 (3.51%) Data Centre
5 2 (3.51%) Visualisation
5 2 (3.51%) Mathematics
5 2 (3.51%) Streaming Video
5 2 (3.51%) Fixed Income
6 1 (1.75%) Management Information System
6 1 (1.75%) Credit Derivative
6 1 (1.75%) Economics
6 1 (1.75%) Interest Rate Derivative
6 1 (1.75%) Equity Derivative
6 1 (1.75%) Physics
6 1 (1.75%) Computer Science
Operating Systems
1 4 (7.02%) Linux
2 2 (3.51%) Apple iOS
2 2 (3.51%) Windows
3 1 (1.75%) Solaris
3 1 (1.75%) UNIX
Processes & Methodologies
1 10 (17.54%) RAD
1 10 (17.54%) Validation
2 9 (15.79%) Project Management
3 8 (14.04%) Risk Management
3 8 (14.04%) Agile Software Development
4 7 (12.28%) Data Analysis
5 6 (10.53%) Business Intelligence
5 6 (10.53%) Business Analysis
6 5 (8.77%) Data Modelling
6 5 (8.77%) Analytics
6 5 (8.77%) Continuous Improvement
7 3 (5.26%) Data Management
7 3 (5.26%) E-Commerce
7 3 (5.26%) Stakeholder Management
7 3 (5.26%) Waterfall
8 2 (3.51%) Greeks
8 2 (3.51%) Product Management
8 2 (3.51%) Time Management
8 2 (3.51%) Supplier Management
8 2 (3.51%) Multithreading
Programming Languages
1 14 (24.56%) Java
2 13 (22.81%) Python
3 9 (15.79%) SQL
4 8 (14.04%) Go
5 7 (12.28%) VBA
6 6 (10.53%) C++
7 4 (7.02%) C#
7 4 (7.02%) R
8 2 (3.51%) MATLAB
8 2 (3.51%) JavaScript
9 1 (1.75%) Perl
9 1 (1.75%) C
9 1 (1.75%) T-SQL
9 1 (1.75%) VB
9 1 (1.75%) Shell Script
Qualifications
1 10 (17.54%) Degree
2 2 (3.51%) PhD
Quality Assurance & Compliance
1 4 (7.02%) Data Quality
2 2 (3.51%) QA
3 1 (1.75%) AIFMD
Vendors
1 6 (10.53%) Microsoft
2 2 (3.51%) Tableau
2 2 (3.51%) Facebook
3 1 (1.75%) Solace
3 1 (1.75%) Talarian
3 1 (1.75%) Murex
3 1 (1.75%) Hyperion
3 1 (1.75%) Informatica
3 1 (1.75%) TIBCO
3 1 (1.75%) Sybase
3 1 (1.75%) SAP
City, London
Hays Finance Technology
Rate: £450.00 - £500.00 per day
Posted: 3 days ago
Manchester, Lancashire
Experis Ltd
Rate: £450.00 - £600.00 per day
Posted: 3 days ago
London
McGregor Boyall
Rate: £550 - £600 per day
Posted: 5 days ago