The table below looks at the statistics for the Quantitative Developer role in IT contracts advertised across the UK. 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 22 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
22 May 2015
Same period 2014 Same period 2013
Quant Developer
Rank 582 506 518
Rank change year-on-year
-76 +12
Contract jobs requiring a Quantitative Developer 25 76 31
As % of all contract IT jobs located in the UK 0.046% 0.14% 0.066%
As % of the Job Titles category 0.050% 0.16% 0.071%
Number of daily rates quoted 23 67 29
Average daily rate
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£650 £650 £600
Average daily rate % change year-on-year
- +8.33%
90% offered a daily rate of more than £600 £600 £550
10% offered a daily rate of more than £723 £750 £680
UK excluding London average daily rate £613 - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Job Titles category in contract jobs advertised across the UK. 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
UK
Contract IT job ads with a match in the
Job Titles category
50008 48637 43579
As % of all contract IT jobs located in the UK 92.32% 92.39% 92.45%
Number of daily rates quoted 30924 30184 25017
Average daily rate £400 £390 £400
Average daily rate % change year-on-year
+2.56% -2.50%
90% offered a daily rate of more than £250 £230 £240
10% offered a daily rate of more than £575 £550 £575
UK excluding London average daily rate £375 £350 £350
% change year-on-year
+7.14% -
Number of hourly rates quoted 1983 2005 2160
Average hourly rate £16.50 £17.00 £18.50
Average hourly rate % change year-on-year
-2.94% -8.10%
90% offered a hourly rate of more than £11.00 £10.50 £11.00
10% offered a hourly rate of more than £41.00 £40.50 £41.50
UK excluding London average hourly rate £16.00 £17.00 £17.50
% change year-on-year
-5.88% -2.85%

Quantitative Developer
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Quantitative Developer in the job title within the UK as a proportion of the total demand within the Job Titles category.

Quantitative Developer Jobs Demand Trend in the UK

Quantitative Developer
Daily Rate Trend

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

Quantitative Developer Daily Rate Trend in the UK

Quantitative Developer
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Quantitative Developer within the UK over the 3 months to 22 May 2015.

Quantitative Developer Daily Rate Histogram in the UK

Quantitative Developer
Hourly Rate Trend

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

Quantitative Developer Hourly Rate Trend in the UK

Quantitative Developer
Top 3 Contract Locations

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 UK over the 3 months to 22 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
London -60 24 £650 - 7
England -78 24 £650 - 8
City of London -14 7 £700 +7.69% 5

Quantitative Developer
Top 30 Related IT Skills

For the 6 months to 22 May 2015, IT contractor jobs within the UK 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 50 (76.92%) C++
2 33 (50.77%) Front Office
3 26 (40.00%) C#
4 24 (36.92%) Finance
5 23 (35.38%) VBA
6 19 (29.23%) Derivative
6 19 (29.23%) Analytics
7 18 (27.69%) Fixed Income
8 17 (26.15%) Banking
8 17 (26.15%) .NET
8 17 (26.15%) Python
9 16 (24.62%) OO
10 15 (23.08%) Foreign Exchange (FX)
10 15 (23.08%) Investment Banking
11 14 (21.54%) Analytical Skills
12 13 (20.00%) Mathematics
13 11 (16.92%) Java
13 11 (16.92%) SQL
14 9 (13.85%) Risk Management
14 9 (13.85%) Monte Carlo Method
15 8 (12.31%) Multithreading
15 8 (12.31%) Grid Computing
15 8 (12.31%) Equities
16 7 (10.77%) Degree
16 7 (10.77%) Low Latency
17 6 (9.23%) Physics
17 6 (9.23%) Credit Risk
17 6 (9.23%) Windows
17 6 (9.23%) RAD
17 6 (9.23%) PhD

Quantitative Developer
Top Related IT Skills by Category

For the 6 months to 22 May 2015, IT contractor jobs within the UK 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 2 (3.08%) Spreadsheet
1 2 (3.08%) MS Excel
Business Applications
1 1 (1.54%) Front Arena
1 1 (1.54%) FINCAD Analytics
Cloud Services
1 1 (1.54%) Amazon AWS
Database & Business Intelligence
1 4 (6.15%) SQL Server
2 3 (4.62%) Big Data
3 1 (1.54%) SQL Server Reporting Services
Development Applications
1 2 (3.08%) Subversion
1 2 (3.08%) Visual Studio
2 1 (1.54%) yacc
2 1 (1.54%) ANTLR
2 1 (1.54%) Jenkins
General
1 33 (50.77%) Front Office
2 24 (36.92%) Finance
3 17 (26.15%) Banking
4 15 (23.08%) Investment Banking
5 4 (6.15%) Financial Institution
6 2 (3.08%) German Language
7 1 (1.54%) Aerospace
7 1 (1.54%) Automotive
Libraries, Frameworks & Software Standards
1 17 (26.15%) .NET
2 5 (7.69%) STL
2 5 (7.69%) Boost C++ Libraries
3 1 (1.54%) HTML
3 1 (1.54%) XML
3 1 (1.54%) ASP.NET
3 1 (1.54%) FIX Protocol
3 1 (1.54%) Twisted
3 1 (1.54%) HTML5
3 1 (1.54%) AngularJS
Miscellaneous
1 19 (29.23%) Derivative
2 18 (27.69%) Fixed Income
3 15 (23.08%) Foreign Exchange (FX)
4 14 (21.54%) Analytical Skills
5 13 (20.00%) Mathematics
6 8 (12.31%) Grid Computing
6 8 (12.31%) Equities
7 6 (9.23%) Physics
7 6 (9.23%) Credit Risk
8 5 (7.69%) Algorithms
9 4 (6.15%) Equity Derivative
9 4 (6.15%) Computer Science
10 2 (3.08%) Statistics
10 2 (3.08%) Interest Rate Derivative
11 1 (1.54%) Credit Derivative
11 1 (1.54%) Artificial Intelligence
11 1 (1.54%) Swaptions
11 1 (1.54%) Exotic Derivative
11 1 (1.54%) Open Source
Operating Systems
1 6 (9.23%) Windows
2 2 (3.08%) UNIX
2 2 (3.08%) Linux
Processes & Methodologies
1 19 (29.23%) Analytics
2 16 (24.62%) OO
3 9 (13.85%) Risk Management
3 9 (13.85%) Monte Carlo Method
4 8 (12.31%) Multithreading
5 7 (10.77%) Low Latency
6 6 (9.23%) RAD
6 6 (9.23%) Data Modelling
7 5 (7.69%) Validation
8 4 (6.15%) Risk Analytics
8 4 (6.15%) Software Engineering
8 4 (6.15%) Workflow
8 4 (6.15%) Asset Management
9 3 (4.62%) Agile Software Development
9 3 (4.62%) Risk Assessment
9 3 (4.62%) Fund Management
9 3 (4.62%) Continuous Integration
10 2 (3.08%) Memory Management
10 2 (3.08%) Market Making
10 2 (3.08%) Functional Programming
Programming Languages
1 50 (76.92%) C++
2 26 (40.00%) C#
3 23 (35.38%) VBA
4 17 (26.15%) Python
5 11 (16.92%) Java
5 11 (16.92%) SQL
6 5 (7.69%) F#
7 4 (6.15%) R
7 4 (6.15%) Perl
8 3 (4.62%) MATLAB
9 2 (3.08%) C++/CLI
9 2 (3.08%) C
10 1 (1.54%) VB
10 1 (1.54%) VB6
Qualifications
1 7 (10.77%) Degree
2 6 (9.23%) PhD
Quality Assurance & Compliance
1 3 (4.62%) QA
System Software
1 2 (3.08%) Platform Symphony
Vendors
1 3 (4.62%) Oracle
2 2 (3.08%) DataSynapse
2 2 (3.08%) Microsoft
2 2 (3.08%) Murex
3 1 (1.54%) Bloomberg
City, London
TEKsystems
Rate: £450 - £550 per day
Posted: 3 days ago
London
Hays IT - Uk Posting account
Rate: £500.00 - £700.00 per day
Posted: 16 days ago
City, London
Bloomberg LP
Posted: 18 days ago