Backtesting Contracts in the City of London

Backtesting
Central London > City of London

The table below provides summary statistics for contract job vacancies advertised in the City of London requiring Backtesting skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited Backtesting over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 118 124 171
Rank change year-on-year +6 +47 +20
Contract jobs citing Backtesting 1 3 7
As % of all contract jobs advertised in the City of London 0.057% 0.14% 0.19%
As % of the Processes & Methodologies category 0.061% 0.15% 0.21%
Number of daily rates quoted 1 3 1
Median daily rate (50th Percentile) £300 £925 £800
Median % change year-on-year -67.57% +15.63% -
Central London median daily rate £300 £971 £800
% change year-on-year -69.09% +21.31% -

All Process and Methodology Skills
City of London

Backtesting falls under the Processes and Methodologies category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring process or methodology skills in the City of London.

Contract vacancies with a requirement for process or methodology skills 1,636 1,988 3,346
As % of all contract IT jobs advertised in the City of London 93.17% 90.49% 91.85%
Number of daily rates quoted 1,032 1,406 2,259
10th Percentile £363 £363 £355
25th Percentile £463 £451 £475
Median daily rate (50th Percentile) £575 £565 £600
Median % change year-on-year +1.77% -5.83% +4.35%
75th Percentile £680 £688 £730
90th Percentile £775 £806 £825
Central London median daily rate £565 £550 £600
% change year-on-year +2.73% -8.33% +5.26%
Number of hourly rates quoted 12 11 24
10th Percentile £22.00 £19.92 £15.33
25th Percentile £24.00 £20.22 £18.03
Median hourly rate £29.58 £25.00 £35.00
Median % change year-on-year +18.30% -28.57% -14.63%
75th Percentile £45.00 £40.00 £58.75
90th Percentile £62.25 £41.84 £88.30
Central London median hourly rate £29.07 £27.81 £35.00
% change year-on-year +4.53% -20.54% -14.63%

Backtesting
Job Vacancy Trend in the City of London

Job postings citing Backtesting as a proportion of all IT jobs advertised in the City of London.

Job vacancy trend for Backtesting in the City of London

Backtesting
Contractor Daily Rate Trend in the City of London

3-month moving average daily rate quoted in jobs citing Backtesting in the City of London.

Daily rate trend for Backtesting in the City of London

Backtesting
Contract Job Locations in the City of London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Backtesting within the City of London region over the 6 months to 1 May 2025. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Jobs
Moorgate - 1 £300 -
Backtesting
Central London

Backtesting
Co-occurring Skills and Capabilities in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (100.00%) EViews
General
1 1 (100.00%) Analytical Skills
1 1 (100.00%) Finance
1 1 (100.00%) Social Skills
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Financial Analyst
1 1 (100.00%) Research Analyst
Processes & Methodologies
1 1 (100.00%) Econometrics
1 1 (100.00%) Economics
1 1 (100.00%) Quantitative Research
Programming Languages
1 1 (100.00%) Python
1 1 (100.00%) R
Quality Assurance & Compliance
1 1 (100.00%) QA