The table below looks at the statistics for Financial Modelling skills in IT contracts advertised for the City of London region. Included is a guide to the contractor rates offered in IT contracts that have cited Financial Modelling over the 3 months to 28 June 2016 with a comparison to the same period over 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.

3 months to
28 Jun 2016
Same period 2015 Same period 2014
Financial Modelling
Rank 159 196 195
Rank change year-on-year
+37 -1
Contract jobs citing Financial Modelling 5 4 12
As % of all contract IT jobs located in the City of London 0.15% 0.070% 0.21%
As % of the Processes & Methodologies category 0.18% 0.087% 0.26%
Number of daily rates quoted 4 4 7
Median daily rate £600 £363 £444
Median daily rate % change year-on-year
+65.51% -18.35%
90% offered a daily rate of more than £358 £313 £365
10% offered a daily rate of more than £650 £496 £610
UK excluding London median daily rate £390 £450 £460
% change year-on-year
-13.33% -2.17%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - £15.00
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 City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
2850 4590 4659
As % of all contract IT jobs located in the City of London 84.67% 79.95% 79.97%
Number of daily rates quoted 2330 3613 3496
Median daily rate £475 £463 £450
Median daily rate % change year-on-year
+2.70% +2.77%
90% offered a daily rate of more than £335 £325 £305
10% offered a daily rate of more than £627 £625 £625
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 23 51 37
Median hourly rate £19.00 £24.50 £21.75
Median hourly rate % change year-on-year
-22.44% +12.64%
90% offered a hourly rate of more than £12.50 £14.95 £14.50
10% offered a hourly rate of more than £31.50 £59.70 £53.50
UK excluding London median hourly rate £28.50 £30.00 £30.00
% change year-on-year
-5.00% -

Financial Modelling
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing Financial Modelling as a proportion of all IT contracts with a match in the Processes & Methodologies category.

Financial Modelling Jobs Demand Trend in the City of London

Financial Modelling
Daily Rate Trend in the City of London

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

Financial Modelling Daily Rate Trend in the City of London

Financial Modelling
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Financial Modelling across the City of London region over the 3 months to 28 June 2016.

Financial Modelling Daily Rate Histogram in the City of London

Financial Modelling
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Financial Modelling across the City of London region.

Financial Modelling Hourly Rate Trend in the City of London

Financial Modelling
Top 30 Related IT Skills in the City of London

For the 6 months to 28 June 2016, IT contractor jobs citing Financial Modelling 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 City of London region with a requirement for Financial Modelling.

1 9 (100.00%) Finance
2 4 (44.44%) Analytical Skills
3 3 (33.33%) SQL
4 2 (22.22%) Tomcat
4 2 (22.22%) Project Management
4 2 (22.22%) Derivative
4 2 (22.22%) Algorithms
4 2 (22.22%) Perl
4 2 (22.22%) Relational Database
4 2 (22.22%) Fixed Income
4 2 (22.22%) Credit Derivative
4 2 (22.22%) Analytics
5 1 (11.11%) Artifactory
5 1 (11.11%) Dependency Management
5 1 (11.11%) Information Management
5 1 (11.11%) Data Analysis
5 1 (11.11%) Statistical Analysis
5 1 (11.11%) Essbase
5 1 (11.11%) Retail
5 1 (11.11%) Subversion
5 1 (11.11%) CIMA
5 1 (11.11%) Back Office
5 1 (11.11%) Validation
5 1 (11.11%) SDLC
5 1 (11.11%) Black Duck
5 1 (11.11%) Sonatype Nexus
5 1 (11.11%) JIRA
5 1 (11.11%) MS Project Server
5 1 (11.11%) Atlassian
5 1 (11.11%) DV Cleared

Financial Modelling
Top Related IT Skills in the City of 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 2 (22.22%) Tomcat
2 1 (11.11%) Confluence
2 1 (11.11%) MS Project Server
Applications
1 1 (11.11%) MS Project
Cloud Services
1 1 (11.11%) PaaS
Database & Business Intelligence
1 2 (22.22%) Relational Database
2 1 (11.11%) Essbase
Development Applications
1 1 (11.11%) Artifactory
1 1 (11.11%) Bitbucket
1 1 (11.11%) Git (software)
1 1 (11.11%) JIRA
1 1 (11.11%) Sonatype Nexus
1 1 (11.11%) Subversion
1 1 (11.11%) TeamCity
1 1 (11.11%) Visual Studio
General
1 9 (100.00%) Finance
2 1 (11.11%) Back Office
2 1 (11.11%) Retail
Job Titles
1 4 (44.44%) Analyst
2 2 (22.22%) Developer
2 2 (22.22%) Financial Analyst
3 1 (11.11%) C++ Developer
3 1 (11.11%) Commercial Analyst
3 1 (11.11%) Head of Development
3 1 (11.11%) Head of Software Development
3 1 (11.11%) Perl Developer
3 1 (11.11%) Project Officer
3 1 (11.11%) Project Support Officer
3 1 (11.11%) SQL Analyst
3 1 (11.11%) Strategy Analyst
3 1 (11.11%) Support Officer
Libraries, Frameworks & Software Standards
1 1 (11.11%) STL
Miscellaneous
1 4 (44.44%) Analytical Skills
2 2 (22.22%) Algorithms
2 2 (22.22%) Credit Derivative
2 2 (22.22%) Derivative
2 2 (22.22%) Fixed Income
Operating Systems
1 1 (11.11%) Linux
1 1 (11.11%) Windows
Processes & Methodologies
1 2 (22.22%) Analytics
1 2 (22.22%) Project Management
2 1 (11.11%) Benchmarking
2 1 (11.11%) Data Analysis
2 1 (11.11%) Data Modelling
2 1 (11.11%) Dependency Management
2 1 (11.11%) Information Management
2 1 (11.11%) OO
2 1 (11.11%) OOD
2 1 (11.11%) Open Source
2 1 (11.11%) SDLC
2 1 (11.11%) Statistical Analysis
2 1 (11.11%) Validation
Programming Languages
1 3 (33.33%) SQL
2 2 (22.22%) Perl
3 1 (11.11%) C#
3 1 (11.11%) C++
Qualifications
1 1 (11.11%) CIMA
1 1 (11.11%) DV Cleared
1 1 (11.11%) Security Cleared
Vendors
1 1 (11.11%) Atlassian
1 1 (11.11%) Black Duck
1 1 (11.11%) Coverity
1 1 (11.11%) Hyperion
1 1 (11.11%) Microsoft
1 1 (11.11%) Oracle
1 1 (11.11%) SAP