Period
to 21 November 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for Quantitative Analysis skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Quantitative Analysis over the 6 months to 21 November 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Quantitative Analysis
Central London > City of London
6 months to
21 Nov 2017
Same period 2016 Same period 2015
Rank 248 247 257
Rank change year-on-year -1 +10 +35
Contract jobs citing Quantitative Analysis 4 2 6
As % of all contract IT jobs advertised in the City of London 0.056% 0.030% 0.066%
As % of the Processes & Methodologies category 0.063% 0.034% 0.079%
Number of daily rates quoted 3 1 6
City of London median daily rate £500 £400 £600
Median daily rate % change year-on-year +25.00% -33.33% +43.28%
10th Percentile £435 £375 £500
90th Percentile £612 £425 £731
Central London median daily rate £500 £400 £600
% change year-on-year +25.00% -33.33% +41.18%
Number of hourly rates quoted 1 1 0
City of London median hourly rate £28.00 £19.92 -
Median hourly rate % change year-on-year +40.56% - -
Central London median hourly rate £28.00 £19.92 -
% change year-on-year +40.56% - -

Quantitative Analysis is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for process or methodology skills.

All Process and Methodology Skills
City of London
Contract vacancies with a requirement for process or methodology skills 6313 5815 7604
As % of all contract IT jobs advertised in the City of London 88.28% 87.40% 83.92%
Number of daily rates quoted 5012 4649 6043
City of London median daily rate £513 £475 £465
Median daily rate % change year-on-year +7.89% +2.15% +3.33%
10th Percentile £326 £313 £288
90th Percentile £688 £669 £650
Central London median daily rate £500 £475 £460
% change year-on-year +5.26% +3.26% +2.22%
Number of hourly rates quoted 59 53 74
City of London median hourly rate £20.00 £20.00 £21.13
Median hourly rate % change year-on-year - -5.33% +11.18%
10th Percentile £13.34 £13.75 £10.91
90th Percentile £30.90 £54.03 £45.15
Central London median hourly rate £20.25 £19.46 £21.00
% change year-on-year +4.06% -7.33% +16.70%

Quantitative Analysis
Job Vacancy Trend in the City of London

Job postings citing Quantitative Analysis as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Quantitative Analysis in the City of London

Quantitative Analysis
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Quantitative Analysis in the City of London.

Contractor daily rate trend for Quantitative Analysis in the City of London

Quantitative Analysis
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Quantitative Analysis in the City of London over the 6 months to 21 November 2017.

Contractor daily rate histogram for Quantitative Analysis in the City of London

Quantitative Analysis
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Quantitative Analysis in the City of London.

Contractor hourly rate trend for Quantitative Analysis in the City of London

For the 6 months to 21 November 2017, IT contractor jobs citing Quantitative Analysis also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Quantitative Analysis.

1 3 (75.00%) Finance
2 2 (50.00%) Java
2 2 (50.00%) SQL
2 2 (50.00%) Computer Science
2 2 (50.00%) Analytics
2 2 (50.00%) Risk Management
3 1 (25.00%) DevOps
3 1 (25.00%) Data Structures
3 1 (25.00%) Algorithms
3 1 (25.00%) Continuous Delivery
3 1 (25.00%) Issue Tracking
3 1 (25.00%) Virtual Environments
3 1 (25.00%) Random Forest
3 1 (25.00%) Workday
3 1 (25.00%) Credit Risk
3 1 (25.00%) Release Management
3 1 (25.00%) Integration Testing
3 1 (25.00%) Continuous Integration
3 1 (25.00%) Cloud Computing
3 1 (25.00%) Scala
3 1 (25.00%) Visualisation
3 1 (25.00%) Confluence
3 1 (25.00%) Social Media
3 1 (25.00%) Clojure
3 1 (25.00%) R
3 1 (25.00%) Data Visualisation
3 1 (25.00%) Tableau
3 1 (25.00%) Machine Learning
3 1 (25.00%) Office 365
3 1 (25.00%) Visual Studio

Quantitative Analysis
Co-occurring IT Skills in the City of London by Category

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

Application Platforms
1 1 (25.00%) Confluence
Cloud Services
1 1 (25.00%) Cloud Computing
1 1 (25.00%) Office 365
Development Applications
1 1 (25.00%) JIRA
1 1 (25.00%) Visual Studio
General
1 3 (75.00%) Finance
2 1 (25.00%) Front Office
Job Titles
1 1 (25.00%) Credit Risk Developer
1 1 (25.00%) Credit Risk Java Developer
1 1 (25.00%) Data Scientist
1 1 (25.00%) Developer
1 1 (25.00%) DevOps Engineer
1 1 (25.00%) Java Developer
1 1 (25.00%) Lead DevOps
1 1 (25.00%) Lead DevOps Engineer
1 1 (25.00%) Operations Engineer
1 1 (25.00%) Senior Credit Risk Java Developer
1 1 (25.00%) Senior Developer
1 1 (25.00%) Senior Java Developer
Miscellaneous
1 2 (50.00%) Computer Science
2 1 (25.00%) Algorithms
2 1 (25.00%) Credit Derivative
2 1 (25.00%) Credit Risk
2 1 (25.00%) Data Structures
2 1 (25.00%) Derivative
2 1 (25.00%) Foreign Exchange (FX)
2 1 (25.00%) Grid Computing
2 1 (25.00%) Management Information System
2 1 (25.00%) Social Media
Operating Systems
1 1 (25.00%) Linux
1 1 (25.00%) Unix
1 1 (25.00%) Windows
Processes & Methodologies
1 2 (50.00%) Analytics
1 2 (50.00%) Risk Management
2 1 (25.00%) Continuous Delivery
2 1 (25.00%) Continuous Integration
2 1 (25.00%) Data Management
2 1 (25.00%) Data Visualisation
2 1 (25.00%) DevOps
2 1 (25.00%) E-Commerce
2 1 (25.00%) Economics
2 1 (25.00%) Integration Testing
2 1 (25.00%) Issue Tracking
2 1 (25.00%) Logistic Regression
2 1 (25.00%) Machine Learning
2 1 (25.00%) Psychology
2 1 (25.00%) Random Forest
2 1 (25.00%) Release Management
2 1 (25.00%) Statistical Analysis
2 1 (25.00%) Statistics
2 1 (25.00%) Virtual Environments
2 1 (25.00%) Visualisation
Programming Languages
1 2 (50.00%) Java
1 2 (50.00%) SQL
2 1 (25.00%) Clojure
2 1 (25.00%) Python
2 1 (25.00%) R
2 1 (25.00%) Scala
Vendors
1 1 (25.00%) Salesforce.com
1 1 (25.00%) Tableau
1 1 (25.00%) Workday