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 26 January 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
26 Jan 2015
Same period 2014 Same period 2013
Financial Modeling
Rank - 29 -
Contract jobs citing Financial Modelling 0 1 0
As % of all contract IT jobs located in Canary Wharf - 0.53% -
As % of the Processes & Methodologies category - 0.63% -
Number of daily rates quoted 0 0 0
Average daily rate
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- - -
UK excluding London average daily rate £438 £325 £425
% change year-on-year
+34.61% -23.52%
Number of hourly rates quoted 0 1 0
Average hourly rate - £20.00 -
UK excluding London average hourly rate - - -
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
88 159 310
As % of all contract IT jobs located in Canary Wharf 84.62% 83.68% 90.12%
Number of daily rates quoted 65 116 215
Average daily rate £500 £550 £525
Average daily rate % change year-on-year
-9.09% +4.76%
90% offered a daily rate of more than £320 £375 £338
10% offered a daily rate of more than £725 £800 £600
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.00% +3.44%
Number of hourly rates quoted 0 1 4
Average hourly rate - £20.00 £20.00
UK excluding London average hourly rate £25.25 £27.00 £31.50
% change year-on-year
-6.48% -14.28%

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