The table below looks at the statistics for Monte Carlo Method 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 Monte Carlo Method over the 3 months to 30 October 2014 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
30 Oct 2014
Same period 2013 Same period 2012
Monte Carlo Method
Rank 23 - 51
Rank change year-on-year
- 0
Contract jobs citing Monte Carlo Method 1 0 2
As % of all contract IT jobs located in Canary Wharf 0.86% - 0.50%
As % of the Processes & Methodologies category 1.01% - 0.57%
Number of daily rates quoted 0 0 2
Average daily rate
Keep up to 90%
of your Daily Rate
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- - £550
UK excluding London average daily rate £413 £300 £350
% change year-on-year
+37.50% -14.28%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Monte Carlo Method
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
99 160 349
As % of all contract IT jobs located in Canary Wharf 85.34% 79.21% 86.82%
Number of daily rates quoted 64 111 273
Average daily rate £450 £550 £543
Average daily rate % change year-on-year
-18.18% +1.38%
90% offered a daily rate of more than £263 £325 £405
10% offered a daily rate of more than £575 £700 £625
UK excluding London average daily rate £378 £363 £368
% change year-on-year
+4.13% -1.36%
Number of hourly rates quoted 2 1 0
Average hourly rate £27.50 £21.50 -
Average hourly rate % change year-on-year
+27.90% -
UK excluding London average hourly rate £25.00 £27.50 £27.50
% change year-on-year
-9.09% -

Monte Carlo Method
Jobs Demand Trend in Canary Wharf

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

Monte Carlo Method Jobs Demand Trend in Canary Wharf

Monte Carlo Method
Daily Rate Trend in Canary Wharf

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

Monte Carlo Method Daily Rate Trend in Canary Wharf

Monte Carlo Method
Top 13 Related IT Skills in Canary Wharf

For the 6 months to 30 October 2014, IT contractor jobs across the Canary Wharf region citing Monte Carlo Method also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Monte Carlo Method.

1 1 (100.00%) C++
1 1 (100.00%) VBA
1 1 (100.00%) .NET
1 1 (100.00%) COM
1 1 (100.00%) STL
1 1 (100.00%) OO
1 1 (100.00%) MS Excel
1 1 (100.00%) Microsoft
1 1 (100.00%) Front Office
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
1 1 (100.00%) Boost C++ Libraries
1 1 (100.00%) Analytics

Monte Carlo Method
Top Related IT Skills in Canary Wharf by Category

For the 6 months to 30 October 2014, IT contractor jobs across the Canary Wharf region citing Monte Carlo Method also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Monte Carlo Method. Up to 20 skills are shown per category.

Applications
1 1 (100.00%) MS Excel
General
1 1 (100.00%) Front Office
1 1 (100.00%) Banking
1 1 (100.00%) Investment Banking
Job Titles
1 1 (100.00%) Developer
1 1 (100.00%) Quantitative Developer
1 1 (100.00%) C++ Quantitative Developer
Libraries, Frameworks & Software Standards
1 1 (100.00%) .NET
1 1 (100.00%) COM
1 1 (100.00%) STL
1 1 (100.00%) Boost C++ Libraries
Processes & Methodologies
1 1 (100.00%) OO
1 1 (100.00%) Analytics
Programming Languages
1 1 (100.00%) C++
1 1 (100.00%) VBA
Vendors
1 1 (100.00%) Microsoft