Period
to 22 November 2017

The median annual salary for a Quantitative Developer was £102,500 in advertised job vacancies in London during the 6 months to 22 November 2017.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Quant Developer
England > London
6 months to
22 Nov 2017
Same period 2016 Same period 2015
Rank 547 595 608
Rank change year-on-year +48 +13 +115
Permanent jobs requiring a Quantitative Developer 309 249 308
As % of all permanent IT jobs advertised in London 0.41% 0.33% 0.35%
As % of the Job Titles category 0.43% 0.34% 0.36%
Number of salaries quoted 155 226 268
London median annual salary £102,500 £86,250 £90,000
Median salary % change year-on-year +18.84% -4.17% +9.09%
10th Percentile £51,000 £50,000 £48,750
90th Percentile £130,000 £118,125 £115,000
England median annual salary £101,250 £84,000 £90,000
% change year-on-year +20.54% -6.67% +9.09%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in London. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
London
Permanent vacancies in London with a recognized job title 71111 73142 84412
% of permanent IT jobs with a recognized job title 94.36% 95.99% 96.01%
Number of salaries quoted 56006 63190 71627
London median annual salary £60,000 £57,500 £55,000
Median salary % change year-on-year +4.35% +4.55% +4.76%
10th Percentile £33,250 £32,500 £32,000
90th Percentile £90,000 £87,500 £85,000
England median annual salary £50,000 £47,500 £46,250
% change year-on-year +5.26% +2.70% +2.78%

Quantitative Developer
Job Vacancy Trend in London

Job postings that featured Quantitative Developer in the job title as a percentage of all IT jobs advertised in London.

Job vacancy trend for Quantitative Developer in London

Quantitative Developer
Salary Trend in London

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Quantitative Developer in London.

Salary trend for Quantitative Developer in London

Quantitative Developer
Salary Histogram in London

The salary distribution of IT jobs citing Quantitative Developer in London over the 6 months to 22 November 2017.

Salary histogram for Quantitative Developer in London

Quantitative Developer
Job Locations in London

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Quantitative Developer within the London region over the 6 months to 22 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
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -8 58 £107,500 +30.30% 4
East London -4 3 £105,000 - 1
Quantitative Developer
England

Quantitative Developer Skill Set
Top 30 Co-occurring IT Skills in London

For the 6 months to 22 November 2017, Quantitative Developer job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the London region featuring Quantitative Developer in the job title.

1 251 (81.23%) Finance
2 205 (66.34%) Java
3 192 (62.14%) Banking
4 184 (59.55%) C++
5 178 (57.61%) Investment Banking
6 164 (53.07%) Agile Software Development
7 151 (48.87%) Python
8 149 (48.22%) Asset Management
9 134 (43.37%) Retail Banking
9 134 (43.37%) Wealth Management
10 117 (37.86%) SQL
11 115 (37.22%) Analytics
12 103 (33.33%) Mathematics
13 98 (31.72%) Foreign Exchange (FX)
14 94 (30.42%) Risk Management
15 88 (28.48%) Low Latency
16 86 (27.83%) Analytical Skills
16 86 (27.83%) Derivative
17 84 (27.18%) Multithreading
18 81 (26.21%) R
19 79 (25.57%) Electronic Trading
20 78 (25.24%) Quantitative Research
20 78 (25.24%) Front Office
20 78 (25.24%) Unix
21 76 (24.60%) Perl
22 74 (23.95%) Data Analytics
23 73 (23.62%) Oracle
24 72 (23.30%) OLAP
24 72 (23.30%) PL/SQL
24 72 (23.30%) Data Warehouse

Quantitative Developer Skill Set
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 3 (0.97%) SAS
2 2 (0.65%) Apache Spark
3 1 (0.32%) Confluence
Applications
1 15 (4.85%) Microsoft Excel
2 5 (1.62%) Spreadsheet
3 3 (0.97%) Doxygen
4 1 (0.32%) Microsoft Office
4 1 (0.32%) Microsoft PowerPoint
Business Applications
1 1 (0.32%) FINCAD Analytics
Cloud Services
1 4 (1.29%) GitHub
Communications & Networking
1 2 (0.65%) Multicast
1 2 (0.65%) SSH
2 1 (0.32%) FTP
Database & Business Intelligence
1 72 (23.30%) Data Warehouse
1 72 (23.30%) OLAP
1 72 (23.30%) Oracle OLAP
2 14 (4.53%) Big Data
3 12 (3.88%) SQL Server
4 6 (1.94%) KDB
5 5 (1.62%) Data Mining
6 3 (0.97%) Relational Database
7 2 (0.65%) Hadoop
8 1 (0.32%) MongoDB
8 1 (0.32%) NoSQL
Development Applications
1 4 (1.29%) JIRA
1 4 (1.29%) Visual Studio
2 3 (0.97%) GCC
2 3 (0.97%) GDB
2 3 (0.97%) Git (software)
2 3 (0.97%) Jenkins
2 3 (0.97%) Subversion
2 3 (0.97%) TeamCity
3 1 (0.32%) Maven
3 1 (0.32%) Team Foundation Server
General
1 251 (81.23%) Finance
2 192 (62.14%) Banking
3 178 (57.61%) Investment Banking
4 134 (43.37%) Retail Banking
5 78 (25.24%) Front Office
6 4 (1.29%) Back Office
7 2 (0.65%) Telecoms
8 1 (0.32%) Financial Institution
8 1 (0.32%) International Banking
8 1 (0.32%) Retail
Libraries, Frameworks & Software Standards
1 13 (4.21%) STL
2 9 (2.91%) Boost C++ Libraries
3 8 (2.59%) .NET
4 6 (1.94%) HTML
5 5 (1.62%) HTML5
6 3 (0.97%) ASP.NET
6 3 (0.97%) FIX Protocol
6 3 (0.97%) J2SE
6 3 (0.97%) Java SE
6 3 (0.97%) NumPy
6 3 (0.97%) SciPy
6 3 (0.97%) XML
7 2 (0.65%) Middleware
8 1 (0.32%) Ajax
8 1 (0.32%) AngularJS
8 1 (0.32%) ASP.NET MVC
8 1 (0.32%) jQuery
8 1 (0.32%) LINQ
8 1 (0.32%) WCF
8 1 (0.32%) WPF
Miscellaneous
1 98 (31.72%) Foreign Exchange (FX)
2 86 (27.83%) Analytical Skills
2 86 (27.83%) Derivative
3 72 (23.30%) Enterprise Software
4 47 (15.21%) Computer Science
5 28 (9.06%) Hedge funds
6 21 (6.80%) Algorithms
6 21 (6.80%) Fixed Income
7 20 (6.47%) Equities
8 13 (4.21%) Fintech
9 9 (2.91%) CUDA
10 8 (2.59%) Greenfield Project
11 4 (1.29%) Analytical Mindset
11 4 (1.29%) Swaptions
12 3 (0.97%) Data Structures
13 2 (0.65%) Client/Server
13 2 (0.65%) Credit Risk
13 2 (0.65%) Market Risk
14 1 (0.32%) Contract for Difference
14 1 (0.32%) Equity Derivative
Operating Systems
1 78 (25.24%) Unix
2 18 (5.83%) Linux
3 7 (2.27%) Windows
Processes & Methodologies
1 164 (53.07%) Agile Software Development
2 149 (48.22%) Asset Management
3 134 (43.37%) Wealth Management
4 115 (37.22%) Analytics
5 103 (33.33%) Mathematics
6 94 (30.42%) Risk Management
7 88 (28.48%) Low Latency
8 84 (27.18%) Multithreading
9 79 (25.57%) Electronic Trading
10 78 (25.24%) Quantitative Research
11 74 (23.95%) Data Analytics
12 72 (23.30%) Release Management
13 69 (22.33%) Market Making
14 62 (20.06%) Software Delivery
15 34 (11.00%) Algorithmic Trading
16 31 (10.03%) OO
17 23 (7.44%) Physics
18 21 (6.80%) Statistics
19 20 (6.47%) Machine Learning
20 19 (6.15%) Stochastic Calculus
Programming Languages
1 205 (66.34%) Java
2 184 (59.55%) C++
3 151 (48.87%) Python
4 117 (37.86%) SQL
5 81 (26.21%) R
6 76 (24.60%) Perl
7 72 (23.30%) PL/SQL
8 58 (18.77%) C#
9 24 (7.77%) VBA
10 11 (3.56%) MATLAB
11 5 (1.62%) C
11 5 (1.62%) Cython
12 4 (1.29%) JavaScript
13 3 (0.97%) AWK
13 3 (0.97%) PowerShell
13 3 (0.97%) sed
13 3 (0.97%) Shell Script
13 3 (0.97%) VBScript
14 2 (0.65%) F#
15 1 (0.32%) VB6
Qualifications
1 38 (12.30%) Degree
2 19 (6.15%) PhD
3 12 (3.88%) Master's Degree
4 9 (2.91%) Numerate Degree
5 6 (1.94%) Computer Science Degree
6 1 (0.32%) CFA
Quality Assurance & Compliance
1 15 (4.85%) QA
2 2 (0.65%) Basel III
2 2 (0.65%) MiFID
Vendors
1 73 (23.62%) Oracle
2 4 (1.29%) Bloomberg
2 4 (1.29%) Reuters
2 4 (1.29%) Splunk
3 3 (0.97%) Microsoft
4 1 (0.32%) Murex