Period
to 17 November 2017

The following table provides summary statistics for contract job vacancies advertised in 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 17 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
England > London
6 months to
17 Nov 2017
Same period 2016 Same period 2015
Rank 598 599 589
Rank change year-on-year +1 -10 +4
Contract jobs citing Quantitative Analysis 29 24 22
As % of all contract IT jobs advertised in London 0.062% 0.053% 0.047%
As % of the Processes & Methodologies category 0.071% 0.061% 0.056%
Number of daily rates quoted 20 14 18
London median daily rate £437 £305 £575
Median daily rate % change year-on-year +43.11% -46.96% +27.78%
10th Percentile £325 £269 £363
90th Percentile £714 £399 £781
England median daily rate £420 £305 £575
% change year-on-year +37.70% -46.96% +27.78%
Number of hourly rates quoted 2 3 0
London median hourly rate £23.91 £20.00 -
Median hourly rate % change year-on-year +19.55% - -
England median hourly rate £28.00 £20.00 -
% change year-on-year +40.00% - -

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 London with a requirement for process or methodology skills.

All Process and Methodology Skills
London
Contract vacancies with a requirement for process or methodology skills 40725 39072 39570
As % of all contract IT jobs advertised in London 86.97% 86.26% 83.83%
Number of daily rates quoted 29617 28032 28294
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% +2.86%
10th Percentile £313 £305 £288
90th Percentile £669 £644 £638
England median daily rate £450 £425 £420
% change year-on-year +5.88% +1.19% +5.00%
Number of hourly rates quoted 381 402 477
London median hourly rate £22.50 £21.89 £20.00
Median hourly rate % change year-on-year +2.79% +9.45% +11.11%
10th Percentile £13.31 £12.25 £11.25
90th Percentile £52.50 £52.26 £50.00
England median hourly rate £24.00 £24.03 £22.50
% change year-on-year -0.12% +6.80% +18.42%

Quantitative Analysis
Job Vacancy Trend in London

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

Job vacancy trend for Quantitative Analysis in London

Quantitative Analysis
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Quantitative Analysis in London

Quantitative Analysis
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Quantitative Analysis in London over the 6 months to 17 November 2017.

Contractor daily rate histogram for Quantitative Analysis in London

Quantitative Analysis
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Quantitative Analysis in London

Quantitative Analysis
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Quantitative Analysis within the London region over the 6 months to 17 November 2017. 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
Job
Vacancies
Central London +2 4 £500 +25.00% 3
West London -6 2 £315 +3.28% 1
East London - 1 - - 1
South London - 1 - -
Quantitative Analysis
England

For the 6 months to 17 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 London region with a requirement for Quantitative Analysis.

1 14 (48.28%) Finance
2 10 (34.48%) SQL
2 10 (34.48%) Analytical Skills
2 10 (34.48%) Analytics
3 8 (27.59%) Microsoft
3 8 (27.59%) Change Management
4 7 (24.14%) SQL Server
4 7 (24.14%) Windows
4 7 (24.14%) Python
4 7 (24.14%) Microsoft Excel
5 5 (17.24%) ITIL
5 5 (17.24%) VBA
5 5 (17.24%) SAN
5 5 (17.24%) Remedy
5 5 (17.24%) ETL
5 5 (17.24%) SLA
5 5 (17.24%) Risk Management
5 5 (17.24%) Disaster Recovery
5 5 (17.24%) Project Management
5 5 (17.24%) Replication
5 5 (17.24%) Banking
5 5 (17.24%) ServiceNow
6 4 (13.79%) Foreign Exchange (FX)
6 4 (13.79%) Java
6 4 (13.79%) Visual Studio
7 3 (10.34%) C++
7 3 (10.34%) Internet
7 3 (10.34%) Validation
7 3 (10.34%) Agile Software Development
7 3 (10.34%) Cloud Computing

Quantitative Analysis
Co-occurring IT Skills in 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 (3.45%) Confluence
1 1 (3.45%) SAS
Applications
1 7 (24.14%) Microsoft Excel
2 1 (3.45%) Microsoft Office
2 1 (3.45%) Microsoft PowerPoint
2 1 (3.45%) SPSS
Cloud Services
1 3 (10.34%) Cloud Computing
2 1 (3.45%) Google Analytics
2 1 (3.45%) Office 365
Communications & Networking
1 5 (17.24%) SAN
2 3 (10.34%) Internet
3 1 (3.45%) SMS
Database & Business Intelligence
1 7 (24.14%) SQL Server
2 2 (6.90%) Data Mining
3 1 (3.45%) Big Data
3 1 (3.45%) Blockchain
3 1 (3.45%) BusinessObjects
3 1 (3.45%) Data Warehouse
3 1 (3.45%) MS Access
Development Applications
1 4 (13.79%) Visual Studio
2 1 (3.45%) JIRA
General
1 14 (48.28%) Finance
2 5 (17.24%) Banking
3 2 (6.90%) Investment Banking
3 2 (6.90%) Legal
4 1 (3.45%) Financial Institution
4 1 (3.45%) Front Office
4 1 (3.45%) Retail
4 1 (3.45%) Retail Banking
Job Titles
1 11 (37.93%) Analyst
2 5 (17.24%) Administrator
2 5 (17.24%) DBA
2 5 (17.24%) SQL DBA
2 5 (17.24%) SQL Server DBA
3 4 (13.79%) Developer
4 3 (10.34%) Architect
4 3 (10.34%) Business Analyst
4 3 (10.34%) Data Analyst
5 2 (6.90%) Data Scientist
5 2 (6.90%) Database Architect
5 2 (6.90%) Java Developer
5 2 (6.90%) Operations Manager
5 2 (6.90%) Qualitative Analyst
5 2 (6.90%) Quantitative Analyst
5 2 (6.90%) Quantitative Developer
5 2 (6.90%) Sales Manager
5 2 (6.90%) SQL Analyst
5 2 (6.90%) Supply Chain Analyst
6 1 (3.45%) DevOps Engineer
Libraries, Frameworks & Software Standards
1 1 (3.45%) MLlib
1 1 (3.45%) PySpark
1 1 (3.45%) scikit-learn
Miscellaneous
1 10 (34.48%) Analytical Skills
2 5 (17.24%) Replication
3 4 (13.79%) Foreign Exchange (FX)
4 2 (6.90%) Computer Science
4 2 (6.90%) Data Structures
4 2 (6.90%) Equities
4 2 (6.90%) Grid Computing
4 2 (6.90%) Management Information System
5 1 (3.45%) Algorithms
5 1 (3.45%) Credit Derivative
5 1 (3.45%) Credit Risk
5 1 (3.45%) Derivative
5 1 (3.45%) Online Banking
5 1 (3.45%) Social Media
5 1 (3.45%) User Experience
Operating Systems
1 7 (24.14%) Windows
2 2 (6.90%) Linux
2 2 (6.90%) Unix
Processes & Methodologies
1 10 (34.48%) Analytics
2 8 (27.59%) Change Management
3 5 (17.24%) Disaster Recovery
3 5 (17.24%) ETL
3 5 (17.24%) ITIL
3 5 (17.24%) Project Management
3 5 (17.24%) Risk Management
4 3 (10.34%) Agile Software Development
4 3 (10.34%) Data Analysis
4 3 (10.34%) Data Management
4 3 (10.34%) Mathematics
4 3 (10.34%) Performance Monitoring
4 3 (10.34%) Statistics
4 3 (10.34%) Validation
5 2 (6.90%) Business Development
5 2 (6.90%) Release Management
5 2 (6.90%) Requirements Analysis
5 2 (6.90%) Statistical Analysis
5 2 (6.90%) Strategic Planning
5 2 (6.90%) Supplier Management
Programming Languages
1 10 (34.48%) SQL
2 7 (24.14%) Python
3 5 (17.24%) VBA
4 4 (13.79%) Java
5 3 (10.34%) C++
5 3 (10.34%) R
5 3 (10.34%) Scala
6 2 (6.90%) Clojure
Qualifications
1 2 (6.90%) Degree
2 1 (3.45%) CFA
2 1 (3.45%) PRINCE2 Certification
Quality Assurance & Compliance
1 5 (17.24%) SLA
Vendors
1 8 (27.59%) Microsoft
2 5 (17.24%) Remedy
2 5 (17.24%) ServiceNow
3 2 (6.90%) Advent
3 2 (6.90%) Bloomberg
3 2 (6.90%) Salesforce.com
3 2 (6.90%) Tableau
3 2 (6.90%) VocaLink
4 1 (3.45%) Google
4 1 (3.45%) Workday