Algorithms Contract Job Trends in the City of London

Algorithms
Central London > City of London

The table below looks at the prevalence of the term Algorithms in contract job vacancies in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that cited Algorithms over the 6 months leading up to 27 March 2026, comparing them to the same period in the previous two years.

6 months to
27 Mar 2026
Same period 2025 Same period 2024
Rank 110 101 106
Rank change year-on-year -9 +5 +46
Contract jobs citing Algorithms 21 15 22
As % of all contract jobs in the City of London 0.99% 0.87% 0.94%
As % of the Miscellaneous category 2.95% 2.50% 3.04%
Number of daily rates quoted 11 7 14
10th Percentile £454 £583 £475
25th Percentile £469 £656 £519
Median daily rate (50th Percentile) £575 £750 £665
Median % change year-on-year -23.33% +12.78% +26.07%
75th Percentile £1,023 £875 £708
90th Percentile £1,150 £991 £933
Central London median daily rate £575 £575 £665
% change year-on-year - -13.53% +33.00%
Number of hourly rates quoted 0 0 1
10th Percentile - - -
25th Percentile - - £46.75
Median hourly rate - - £48.50
75th Percentile - - £50.25
90th Percentile - - -
Central London median hourly rate - - £48.50

All Generic Skills
City of London

Algorithms falls under the General and Transferable Skills category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring generic IT skills in the City of London.

Contract vacancies with a requirement for generic IT skills 712 600 723
As % of all contract IT jobs advertised in the City of London 33.44% 34.68% 31.04%
Number of daily rates quoted 503 393 498
10th Percentile £356 £365 £271
25th Percentile £458 £463 £425
Median daily rate (50th Percentile) £550 £575 £575
Median % change year-on-year -4.35% - -6.12%
75th Percentile £675 £695 £700
90th Percentile £788 £775 £838
Central London median daily rate £550 £575 £575
% change year-on-year -4.35% - -4.17%
Number of hourly rates quoted 9 1 7
10th Percentile £18.92 - £12.75
25th Percentile £20.82 - £14.88
Median hourly rate £32.07 £31.00 £19.00
Median % change year-on-year +3.44% +63.16% -63.11%
75th Percentile £41.94 - £38.88
90th Percentile £63.13 - £59.65
Central London median hourly rate £28.00 £29.07 £19.00
% change year-on-year -3.68% +53.00% -45.71%

Algorithms
Job Vacancy Trend in the City of London

Historical trend showing the proportion of contract IT job postings citing Algorithms relative to all contract IT jobs advertised in the City of London.

Algorithms job vacancy trend in the City of London

Algorithms
Daily Rate Trend in the City of London

Contractor daily rate distribution trend for jobs in the City of London citing Algorithms.

Contractor daily rate distribution trend for jobs in the City of London citing Algorithms

Algorithms
Daily Rate Histogram in the City of London

Daily rate distribution for jobs citing Algorithms in the City of London over the 6 months to 27 March 2026.

Daily rate histogram for Algorithms in the City of London

Algorithms
Hourly Rate Trend in the City of London

Contractor hourly rate distribution trend for jobs in the City of London citing Algorithms.

Contractor hourly rate distribution trend for jobs in the City of London citing Algorithms

Algorithms
Co-Occurring Skills & Capabilities in the City of London by Category

The following tables expand on the one above by listing co-occurrences grouped by category. They cover the same employment type, locality and period, with up to 20 co-occurrences shown in each category:

Application Platforms
1 3 (14.29%) Apache Spark
Business Applications
1 3 (14.29%) Bloomberg AIM
1 3 (14.29%) Fidessa
Cloud Services
1 12 (57.14%) AWS
2 7 (33.33%) Power Platform
3 4 (19.05%) Azure
3 4 (19.05%) GCP
4 3 (14.29%) Amazon ECS
4 3 (14.29%) Amazon EKS
4 3 (14.29%) Amazon SageMaker
4 3 (14.29%) Cloud Computing
4 3 (14.29%) IBM Watson
5 1 (4.76%) Datadog
5 1 (4.76%) GitHub
5 1 (4.76%) GitHub Actions
Database & Business Intelligence
1 7 (33.33%) Power BI
2 6 (28.57%) Tableau
3 5 (23.81%) Big Data
4 3 (14.29%) NoSQL
5 2 (9.52%) KDB
5 2 (9.52%) Kdb+
5 2 (9.52%) SQL Server
6 1 (4.76%) Amazon Athena
6 1 (4.76%) Amazon RDS
6 1 (4.76%) Neo4j
6 1 (4.76%) PostgreSQL
6 1 (4.76%) Redis
6 1 (4.76%) Relational Database
Development Applications
1 1 (4.76%) Git
1 1 (4.76%) Octopus Deploy
1 1 (4.76%) TeamCity
General
1 12 (57.14%) Analytical Skills
1 12 (57.14%) Finance
2 8 (38.10%) Front Office
2 8 (38.10%) Social Skills
3 6 (28.57%) Banking
4 3 (14.29%) Documentation Skills
5 2 (9.52%) Retail
6 1 (4.76%) Corporate Banking
6 1 (4.76%) Financial Institution
6 1 (4.76%) Investment Banking
6 1 (4.76%) Legal
6 1 (4.76%) Presentation Skills
6 1 (4.76%) Retail Banking
Job Titles
1 7 (33.33%) Data Scientist
2 5 (23.81%) Developer
3 3 (14.29%) Electronics Engineer
3 3 (14.29%) Machine Learning Engineer
4 2 (9.52%) Java Developer
4 2 (9.52%) KDB Developer
4 2 (9.52%) Low Latency Java Developer
4 2 (9.52%) Senior
5 1 (4.76%) Analyst
5 1 (4.76%) C# Developer
5 1 (4.76%) C# Developer - Commodities
5 1 (4.76%) C# Quant Developer
5 1 (4.76%) Data Engineer
5 1 (4.76%) DevOps Engineer
5 1 (4.76%) Pricing Analyst
5 1 (4.76%) Quantitative Developer
5 1 (4.76%) Senior Developer
5 1 (4.76%) Senior DevOps
5 1 (4.76%) Senior DevOps Engineer
Libraries, Frameworks & Software Standards
1 10 (47.62%) scikit-learn
2 7 (33.33%) PyTorch
2 7 (33.33%) TensorFlow
3 5 (23.81%) FIX Protocol
4 4 (19.05%) Matplotlib
4 4 (19.05%) Seaborn
5 3 (14.29%) Dask
5 3 (14.29%) Google JAX
5 3 (14.29%) JAX
5 3 (14.29%) JMS
5 3 (14.29%) Kafka
5 3 (14.29%) LightGBM
5 3 (14.29%) Middleware
5 3 (14.29%) NumPy
5 3 (14.29%) Pandas
5 3 (14.29%) REST
5 3 (14.29%) XGBoost
6 1 (4.76%) .NET
6 1 (4.76%) GraphX
6 1 (4.76%) React
Miscellaneous
1 5 (23.81%) Derivative
2 4 (19.05%) Equities
2 4 (19.05%) Foreign Exchange (FX)
3 3 (14.29%) Analytical Mindset
3 3 (14.29%) Data Structures
3 3 (14.29%) Hybrid Cloud
4 1 (4.76%) Cloud Native
4 1 (4.76%) Clustering
4 1 (4.76%) Distributed Computing
4 1 (4.76%) Distributed Systems
4 1 (4.76%) Fixed Income
4 1 (4.76%) Linux Command Line
4 1 (4.76%) Market Risk
Operating Systems
1 3 (14.29%) Unix
Processes & Methodologies
1 15 (71.43%) Analytics
2 10 (47.62%) Data Analysis
2 10 (47.62%) Machine Learning
3 9 (42.86%) Data Science
4 8 (38.10%) Agile
5 7 (33.33%) Business Intelligence
5 7 (33.33%) Problem-Solving
5 7 (33.33%) Visualisation
6 6 (28.57%) AI
6 6 (28.57%) Data Engineering
6 6 (28.57%) Deep Learning
6 6 (28.57%) Electronic Trading
6 6 (28.57%) Natural Language Processing
7 5 (23.81%) Containerisation
7 5 (23.81%) Data Visualisation
7 5 (23.81%) Low Latency
7 5 (23.81%) Risk Management
7 5 (23.81%) Sprint Planning
8 4 (19.05%) Data Pipeline
8 4 (19.05%) Feature Engineering
Programming Languages
1 15 (71.43%) Python
2 11 (52.38%) SQL
3 7 (33.33%) Java
4 4 (19.05%) C#
5 1 (4.76%) C++
5 1 (4.76%) Go
5 1 (4.76%) Scala
Qualifications
1 2 (9.52%) Degree
2 1 (4.76%) Computer Science Degree
2 1 (4.76%) Master's Degree
Quality Assurance & Compliance
1 2 (9.52%) QA
2 1 (4.76%) Data Quality
System Software
1 2 (9.52%) Docker
Systems Management
1 3 (14.29%) Grafana
2 2 (9.52%) Kubernetes
3 1 (4.76%) Terraform
Vendors
1 3 (14.29%) AppDynamics
1 3 (14.29%) Bloomberg
1 3 (14.29%) Charles River
1 3 (14.29%) Cognos
1 3 (14.29%) Google
1 3 (14.29%) IBM
1 3 (14.29%) Sage
1 3 (14.29%) Splunk
2 2 (9.52%) Microsoft