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 May 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 May 2015
Same period 2014 Same period 2013
Quantitative Analysis
Rank 548 566 529
Rank change year-on-year
+18 -37
Contract jobs citing Quantitative Analysis 52 29 25
As % of all contract IT jobs located in the UK 0.093% 0.053% 0.052%
As % of the Processes & Methodologies category 0.12% 0.071% 0.070%
Number of daily rates quoted 41 27 11
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£425 £303 £600
Average daily rate % change year-on-year
+40.26% -49.50%
90% offered a daily rate of more than £265 £216 £400
10% offered a daily rate of more than £725 £571 £700
UK excluding London average daily rate £300 £238 £725
% change year-on-year
+26.31% -67.24%
Number of hourly rates quoted 1 0 0
Average hourly rate £17.45 - -
UK excluding London average 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
42679 40798 35545
As % of all contract IT jobs located in the UK 76.47% 74.90% 73.47%
Number of daily rates quoted 26665 25518 21197
Average daily rate £413 £400 £408
Average daily rate % change year-on-year
+3.12% -1.84%
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £390 £375 £360
% change year-on-year
+4.00% +4.16%
Number of hourly rates quoted 1239 1169 1080
Average hourly rate £29.00 £30.00 £32.00
Average hourly rate % change year-on-year
-3.33% -6.25%
90% offered a hourly rate of more than £12.10 £12.50 £13.50
10% offered a hourly rate of more than £47.83 £50.00 £53.00
UK excluding London average hourly rate £30.50 £30.75 £32.00
% change year-on-year
-0.81% -3.90%

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 May 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 14 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 May 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 +14 51 £425 +40.26% 10
London +9 33 £500 +17.64% 7
Bristol - 9 £300 -
South West - 9 £300 - 1
South East -6 5 - - 1
Berkshire -2 3 - -
Surrey - 2 - -
Manchester - 2 £600 -
North West - 2 £600 -
East of England +6 1 £275 -
City of London -4 1 £550 +15.78% 4
Cambridgeshire - 1 £275 -
Cambridge - 1 £275 -
Canary Wharf - 1 £650 -

Quantitative Analysis
Top 30 Related IT Skills

For the 6 months to 1 May 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 54 (68.35%) Finance
2 35 (44.30%) Python
3 32 (40.51%) Java
4 29 (36.71%) VBA
4 29 (36.71%) Front Office
5 27 (34.18%) RAD
6 21 (26.58%) Go
7 18 (22.78%) Degree
8 16 (20.25%) Analytics
9 13 (16.46%) Banking
10 12 (15.19%) Derivative
10 12 (15.19%) MATLAB
11 11 (13.92%) Statistics
11 11 (13.92%) Investment Banking
11 11 (13.92%) Credit Risk
12 9 (11.39%) Project Planning
12 9 (11.39%) Statistical Analysis
12 9 (11.39%) Data Analysis
12 9 (11.39%) Validation
12 9 (11.39%) SAS
12 9 (11.39%) Business Intelligence
13 8 (10.13%) Agile Software Development
13 8 (10.13%) Analytical Skills
14 7 (8.86%) Qualitative Analysis
14 7 (8.86%) Information Governance
14 7 (8.86%) R
14 7 (8.86%) Amazon AWS
14 7 (8.86%) Project Management
14 7 (8.86%) SharePoint
15 6 (7.59%) SQL

Quantitative Analysis
Top Related IT Skills by Category

For the 6 months to 1 May 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 9 (11.39%) SAS
2 7 (8.86%) SharePoint
3 4 (5.06%) Apache Spark
4 3 (3.80%) CMS
5 2 (2.53%) Apache
5 2 (2.53%) Apache Pig
Applications
1 2 (2.53%) MS Office
1 2 (2.53%) MS Excel
1 2 (2.53%) MS Visio
2 1 (1.27%) Spreadsheet
2 1 (1.27%) MS PowerPoint
Business Applications
1 1 (1.27%) HFM
1 1 (1.27%) Front Arena
Cloud Services
1 7 (8.86%) Amazon AWS
2 3 (3.80%) Microsoft Azure
2 3 (3.80%) Cloud Computing
2 3 (3.80%) SaaS
2 3 (3.80%) PaaS
2 3 (3.80%) IaaS
3 2 (2.53%) Amazon EC2
3 2 (2.53%) Amazon S3
3 2 (2.53%) Amazon EMR
3 2 (2.53%) Amazon CloudWatch
Communications & Networking
1 3 (3.80%) Network Security
1 3 (3.80%) Internet
1 3 (3.80%) Broadband
1 3 (3.80%) IPv6
2 1 (1.27%) NGN
Database & Business Intelligence
1 4 (5.06%) OLAP
1 4 (5.06%) Hadoop
2 3 (3.80%) SQL Server Analysis Services
2 3 (3.80%) SQL Server
3 2 (2.53%) Data Warehouse
3 2 (2.53%) Microsoft Analysis Services
3 2 (2.53%) Apache Hive
3 2 (2.53%) NoSQL
3 2 (2.53%) Big Data
3 2 (2.53%) OLAP Cube
4 1 (1.27%) Relational Database
4 1 (1.27%) SQL Server Integration Services
4 1 (1.27%) QlikView
4 1 (1.27%) Essbase
4 1 (1.27%) SQL Server Reporting Services
4 1 (1.27%) Data Mining
4 1 (1.27%) DB2
General
1 54 (68.35%) Finance
2 29 (36.71%) Front Office
3 13 (16.46%) Banking
4 11 (13.92%) Investment Banking
5 5 (6.33%) French Language
5 5 (6.33%) Marketing
6 4 (5.06%) Telecoms
7 3 (3.80%) Multimedia
8 2 (2.53%) Games
9 1 (1.27%) German Language
9 1 (1.27%) Retail
9 1 (1.27%) Law
9 1 (1.27%) Advertising
Job Titles
1 28 (35.44%) Developer
1 28 (35.44%) Analyst
2 22 (27.85%) RAD Developer
3 18 (22.78%) Excel Developer
4 9 (11.39%) Quantitative Analyst
5 8 (10.13%) Risk Analyst
6 5 (6.33%) Python Developer
6 5 (6.33%) Java Developer
6 5 (6.33%) Consultant
7 4 (5.06%) Front Office Developer
7 4 (5.06%) Business Analyst
7 4 (5.06%) Quantitative Risk Analyst
8 3 (3.80%) Supplier Manager
8 3 (3.80%) Supplier Relationship Manager
8 3 (3.80%) Process Manager
8 3 (3.80%) Credit Risk Analyst
8 3 (3.80%) Credit Analyst
8 3 (3.80%) Relationships Manager
8 3 (3.80%) Contracts Manager
8 3 (3.80%) Business Consultant
Libraries, Frameworks & Software Standards
1 2 (2.53%) Apache Avro
2 1 (1.27%) Swing
2 1 (1.27%) .NET
Miscellaneous
1 12 (15.19%) Derivative
2 11 (13.92%) Statistics
2 11 (13.92%) Credit Risk
3 8 (10.13%) Analytical Skills
4 6 (7.59%) Equities
4 6 (7.59%) User Experience
5 4 (5.06%) Visualisation
6 3 (3.80%) Equity Derivative
6 3 (3.80%) Economics
6 3 (3.80%) Mathematics
6 3 (3.80%) Physics
6 3 (3.80%) Streaming Video
7 2 (2.53%) Foreign Exchange (FX)
7 2 (2.53%) NHS
7 2 (2.53%) Algorithms
8 1 (1.27%) Performance Metrics
8 1 (1.27%) iPad
8 1 (1.27%) Psychology
8 1 (1.27%) Computer Science
8 1 (1.27%) N-Tier
Operating Systems
1 2 (2.53%) Linux
2 1 (1.27%) UNIX
2 1 (1.27%) Windows
Processes & Methodologies
1 27 (34.18%) RAD
2 16 (20.25%) Analytics
3 9 (11.39%) Project Planning
3 9 (11.39%) Statistical Analysis
3 9 (11.39%) Data Analysis
3 9 (11.39%) Validation
3 9 (11.39%) Business Intelligence
4 8 (10.13%) Agile Software Development
5 7 (8.86%) Qualitative Analysis
5 7 (8.86%) Information Governance
5 7 (8.86%) Project Management
6 6 (7.59%) Stress Testing
7 5 (6.33%) Greeks
8 4 (5.06%) Risk Management
8 4 (5.06%) Data Modelling
9 3 (3.80%) Coaching
9 3 (3.80%) Monte Carlo Method
9 3 (3.80%) Portfolio Management
9 3 (3.80%) Marketing Strategy
9 3 (3.80%) Statistical Modelling
Programming Languages
1 35 (44.30%) Python
2 32 (40.51%) Java
3 29 (36.71%) VBA
4 21 (26.58%) Go
5 12 (15.19%) MATLAB
6 7 (8.86%) R
7 6 (7.59%) SQL
7 6 (7.59%) C++
8 5 (6.33%) JavaScript
9 4 (5.06%) C
10 2 (2.53%) C#
10 2 (2.53%) VB
11 1 (1.27%) T-SQL
11 1 (1.27%) Perl
11 1 (1.27%) Shell Script
Qualifications
1 18 (22.78%) Degree
2 4 (5.06%) PhD
3 1 (1.27%) BC Cleared
3 1 (1.27%) Security Cleared
Quality Assurance & Compliance
1 3 (3.80%) AIFMD
1 3 (3.80%) SLA
Vendors
1 3 (3.80%) SAP
2 2 (2.53%) Murex
2 2 (2.53%) Business Objects
2 2 (2.53%) Oracle
2 2 (2.53%) Teradata
2 2 (2.53%) Tableau
3 1 (1.27%) Google
3 1 (1.27%) Sybase
3 1 (1.27%) Hyperion
3 1 (1.27%) Informatica
3 1 (1.27%) Microsoft
Oxfordshire
Haybrook IT Resourcing Ltd
Rate: Unspecified Negotiable
Posted: 4 days ago
London
Hays IT - Uk Posting account
Rate: £600.00 - £900.00 per day
Posted: 15 days ago
City of London
Real Staffing
Rate: £300 - £400 per day + competitive
Posted: 24 days ago