The table below looks at the statistics for Financial Modelling skills in IT contracts advertised for the Canary Wharf region. Included is a guide to the average contractor rates offered in IT contracts that have cited Financial Modelling over the 3 months to 28 August 2015 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
28 Aug 2015
Same period 2014 Same period 2013
Financial Modeling
Rank - - 37
Contract jobs citing Financial Modelling 0 0 3
As % of all contract IT jobs located in Canary Wharf - - 1.38%
As % of the Processes & Methodologies category - - 1.68%
Number of daily rates quoted 0 0 3
Average daily rate
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- - £700
UK excluding London average daily rate £425 £325 £370
% change year-on-year
+30.76% -12.16%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - £13.00 -
Financial Modelling
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the Canary Wharf region.

Processes & Methodologies Category
Canary Wharf
Contract IT job ads with a match in the
Processes & Methodologies category
158 103 179
As % of all contract IT jobs located in Canary Wharf 84.49% 90.35% 82.11%
Number of daily rates quoted 112 50 129
Average daily rate £475 £450 £484
Average daily rate % change year-on-year
+5.55% -7.02%
90% offered a daily rate of more than £350 £325 £300
10% offered a daily rate of more than £575 £600 £700
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 0 7 0
Average hourly rate - £18.00 -
UK excluding London average hourly rate £32.50 £25.00 £30.00
% change year-on-year
+30.00% -16.66%

Financial Modelling
Jobs Demand Trend in Canary Wharf

This chart provides a 3-month moving total of IT contractor jobs citing Financial Modelling across the Canary Wharf region as a proportion of the total demand within the Processes & Methodologies category.

Financial Modelling Jobs Demand Trend in Canary Wharf

Financial Modelling
Daily Rate Trend in Canary Wharf

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Financial Modelling across the Canary Wharf region.

Financial Modelling Daily Rate Trend in Canary Wharf