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 3 March 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
3 Mar 2015
Same period 2014 Same period 2013
Quant Developer
Rank 553 528 513
Rank change year-on-year
-25 -15
Contract jobs requiring a Quantitative Developer 34 38 18
As % of all contract IT jobs located in the UK 0.065% 0.075% 0.040%
As % of the Job Titles category 0.070% 0.081% 0.043%
Number of daily rates quoted 30 34 11
Average daily rate
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£645 £675 £575
Average daily rate % change year-on-year
-4.44% +17.39%
UK excluding London average daily rate - - £600
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
48597 46888 42182
As % of all contract IT jobs located in the UK 92.43% 92.39% 92.62%
Number of daily rates quoted 29825 27690 24082
Average daily rate £400 £400 £390
Average daily rate % change year-on-year
- +2.56%
90% offered a daily rate of more than £245 £225 £238
10% offered a daily rate of more than £550 £550 £575
UK excluding London average daily rate £375 £350 £345
% change year-on-year
+7.14% +1.44%
Number of hourly rates quoted 1851 1997 2274
Average hourly rate £17.50 £17.50 £18.00
Average hourly rate % change year-on-year
- -2.77%
90% offered a hourly rate of more than £11.00 £11.50 £10.60
10% offered a hourly rate of more than £42.00 £40.00 £40.00
UK excluding London average hourly rate £16.72 £17.00 £17.50
% change year-on-year
-1.64% -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 3 March 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 3 March 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 34 £645 -4.44% 6
London +2 32 £645 -4.44% 6
City of London +5 9 £625 -5.66% 3

Quantitative Developer
Top 30 Related IT Skills

For the 6 months to 3 March 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 90 (77.59%) C++
2 52 (44.83%) C#
2 52 (44.83%) Front Office
3 45 (38.79%) .NET
4 42 (36.21%) Banking
5 39 (33.62%) Analytics
5 39 (33.62%) Investment Banking
5 39 (33.62%) Finance
6 33 (28.45%) Windows
7 31 (26.72%) Mathematics
8 30 (25.86%) VBA
9 29 (25.00%) Python
10 25 (21.55%) SQL
11 24 (20.69%) Analytical Skills
12 22 (18.97%) Computer Science
12 22 (18.97%) Foreign Exchange (FX)
13 21 (18.10%) Derivative
14 20 (17.24%) Physics
15 19 (16.38%) Risk Management
15 19 (16.38%) OO
16 18 (15.52%) Linux
16 18 (15.52%) Degree
17 15 (12.93%) Fixed Income
18 14 (12.07%) Credit Risk
19 13 (11.21%) Monte Carlo Method
20 12 (10.34%) STL
20 12 (10.34%) Java
20 12 (10.34%) Data Modelling
20 12 (10.34%) Microsoft
21 11 (9.48%) PhD

Quantitative Developer
Top Related IT Skills by Category

For the 6 months to 3 March 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 3 (2.59%) MS Excel
1 3 (2.59%) Spreadsheet
Business Applications
1 1 (0.86%) Front Arena
1 1 (0.86%) FINCAD Analytics
Database & Business Intelligence
1 3 (2.59%) SQL Server
2 2 (1.72%) KDB
Development Applications
1 3 (2.59%) Visual Studio
1 3 (2.59%) Subversion
1 3 (2.59%) yacc
1 3 (2.59%) ANTLR
2 1 (0.86%) Visual Studio Tools for Office
2 1 (0.86%) JIRA
General
1 52 (44.83%) Front Office
2 42 (36.21%) Banking
3 39 (33.62%) Investment Banking
3 39 (33.62%) Finance
4 2 (1.72%) German Language
5 1 (0.86%) Aerospace
5 1 (0.86%) Automotive
Libraries, Frameworks & Software Standards
1 45 (38.79%) .NET
2 12 (10.34%) STL
3 6 (5.17%) Boost C++ Libraries
4 4 (3.45%) WPF
5 2 (1.72%) FIX Protocol
5 2 (1.72%) HTML
5 2 (1.72%) COM
5 2 (1.72%) HTML5
6 1 (0.86%) ASP.NET
6 1 (0.86%) .NET Framework
Miscellaneous
1 31 (26.72%) Mathematics
2 24 (20.69%) Analytical Skills
3 22 (18.97%) Computer Science
3 22 (18.97%) Foreign Exchange (FX)
4 21 (18.10%) Derivative
5 20 (17.24%) Physics
6 15 (12.93%) Fixed Income
7 14 (12.07%) Credit Risk
8 11 (9.48%) Equities
9 8 (6.90%) Algorithms
10 7 (6.03%) Equity Derivative
11 6 (5.17%) Grid Computing
12 3 (2.59%) Statistics
13 2 (1.72%) Open Source
14 1 (0.86%) Hedge funds
14 1 (0.86%) Market Risk
14 1 (0.86%) Interest Rate Derivative
14 1 (0.86%) Artificial Intelligence
14 1 (0.86%) Exotic Derivative
14 1 (0.86%) Client/Server
Operating Systems
1 33 (28.45%) Windows
2 18 (15.52%) Linux
3 3 (2.59%) UNIX
Processes & Methodologies
1 39 (33.62%) Analytics
2 19 (16.38%) OO
2 19 (16.38%) Risk Management
3 13 (11.21%) Monte Carlo Method
4 12 (10.34%) Data Modelling
5 11 (9.48%) Validation
5 11 (9.48%) Risk Assessment
6 10 (8.62%) Low Latency
7 9 (7.76%) Software Engineering
7 9 (7.76%) Multithreading
8 8 (6.90%) Risk Analytics
9 7 (6.03%) RAD
10 6 (5.17%) Agile Software Development
10 6 (5.17%) Technical Analysis
11 5 (4.31%) Software Architecture
12 4 (3.45%) Performance Tuning
13 3 (2.59%) Asset Management
13 3 (2.59%) Workflow
14 2 (1.72%) Fund Management
14 2 (1.72%) Quantitative Analysis
Programming Languages
1 90 (77.59%) C++
2 52 (44.83%) C#
3 30 (25.86%) VBA
4 29 (25.00%) Python
5 25 (21.55%) SQL
6 12 (10.34%) Java
7 10 (8.62%) MATLAB
8 6 (5.17%) VC++
8 6 (5.17%) Perl
8 6 (5.17%) R
9 2 (1.72%) C++/CLI
10 1 (0.86%) VB
10 1 (0.86%) VB6
Qualifications
1 18 (15.52%) Degree
2 11 (9.48%) PhD
Quality Assurance & Compliance
1 2 (1.72%) Basel III
2 1 (0.86%) QA
System Software
1 2 (1.72%) Platform Symphony
Vendors
1 12 (10.34%) Microsoft
2 9 (7.76%) Oracle
3 3 (2.59%) DataSynapse
4 1 (0.86%) Murex
4 1 (0.86%) TIBCO
4 1 (0.86%) Bloomberg
London
McGregor Boyall
Rate: £550 - £700 per day
Posted: 5 days ago
London
Real Staffing
Rate: £600 - £680 per day
Posted: 27 days ago