The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Financial Modelling skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Financial Modelling over the 3 months to 26 March 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

3 months to
26 Mar 2017
Same period 2016 Same period 2015
Financial Modelling
England / London
Rank 375 408 401
Rank change year-on-year +33 -7  
Contract jobs citing Financial Modelling 31 28 18
As % of all contract IT jobs advertised in London 0.16% 0.13% 0.085%
As % of the Processes & Methodologies category 0.19% 0.15% 0.10%
Number of daily rates quoted 24 26 12
Median daily rate £450 £463 £600
Median daily rate % change year-on-year -2.70% -22.91%  
90% offered a daily rate of more than £318 £303 £388
10% offered a daily rate of more than £550 £963 £698
UK excluding London median daily rate £360 £450 £475
% change year-on-year -20.00% -5.26%  
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate £24.45 - £18.00

Financial Modelling is in the process and methodology skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process and methodology skills.

Contract Process & Methodology Skills
London
Contract job vacancies with a requirement for process and methodology skills 16395 18853 17384
As % of all contract IT job vacancies advertised in London 85.18% 85.15% 82.03%
Number of daily rates quoted 11793 13608 12215
Median daily rate £480 £475 £450
Median daily rate % change year-on-year +1.05% +5.55%  
90% offered a daily rate of more than £345 £325 £310
10% offered a daily rate of more than £650 £625 £615
UK excluding London median daily rate £410 £400 £398
% change year-on-year +2.50% +0.62%  
Number of hourly rates quoted 167 194 249
Median hourly rate £32.50 £22.50 £20.00
Median hourly rate % change year-on-year +44.44% +12.50%  
90% offered a hourly rate of more than £14.20 £12.50 £11.00
10% offered a hourly rate of more than £55.00 £52.50 £55.00
UK excluding London median hourly rate £36.00 £38.75 £30.00
% change year-on-year -7.09% +29.16%  

Financial Modelling
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing Financial Modelling as a proportion of all contract or permanent IT jobs with a match in the Processes & Methodologies category.

Job vacancy trend for Financial Modelling in London

Financial Modelling
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for Financial Modelling in London

Financial Modelling
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing Financial Modelling in London over the 3 months to 26 March 2017.

Contractor daily rate histogram for Financial Modelling in London

Financial Modelling
Contractor Hourly Rate Trend in London

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

Contractor hourly rate trend for Financial Modelling in London

Financial Modelling
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing Financial Modelling within the London region over the 3 months to 26 March 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London +4 4 £538 +34.37% 2
Financial Modelling
England

Financial Modelling
Top 30 Related IT Skills in London

For the 6 months to 26 March 2017, 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 London region with a requirement for Financial Modelling.

1 63 (100.00%) Finance
2 17 (26.98%) Analytics
3 11 (17.46%) Mathematics
4 10 (15.87%) Agile Software Development
4 10 (15.87%) Banking
4 10 (15.87%) C#
5 9 (14.29%) RAD
5 9 (14.29%) Analytical Skills
5 9 (14.29%) Mathematical Modelling
6 8 (12.70%) Relational Database
6 8 (12.70%) Oracle
6 8 (12.70%) SAP
6 8 (12.70%) Fixed Income
6 8 (12.70%) Equities
6 8 (12.70%) Derivative
6 8 (12.70%) Market Risk
7 7 (11.11%) Stakeholder Management
7 7 (11.11%) VBA
7 7 (11.11%) BusinessObjects
7 7 (11.11%) SAP BW
7 7 (11.11%) MBA
8 6 (9.52%) Legal
8 6 (9.52%) Project Management
8 6 (9.52%) OO
8 6 (9.52%) E-Commerce
8 6 (9.52%) SAS
8 6 (9.52%) Retail
8 6 (9.52%) REST
9 5 (7.94%) R
9 5 (7.94%) Spreadsheet

Financial Modelling
Top Related 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 6 (9.52%) SAS
2 5 (7.94%) Tomcat
3 1 (1.59%) Apache Spark
3 1 (1.59%) IBM Notes
3 1 (1.59%) SharePoint
Applications
1 5 (7.94%) Spreadsheet
2 4 (6.35%) MS Excel
3 2 (3.17%) MS PowerPoint
3 2 (3.17%) MS Visio
4 1 (1.59%) MS Office
Business Applications
1 4 (6.35%) SAP HCM
2 1 (1.59%) PeopleSoft HCM
Cloud Services
1 1 (1.59%) SaaS
1 1 (1.59%) SuccessFactors
1 1 (1.59%) Taleo
Communications & Networking
1 1 (1.59%) Broadband
Database & Business Intelligence
1 8 (12.70%) Relational Database
2 7 (11.11%) BusinessObjects
2 7 (11.11%) SAP BW
3 4 (6.35%) Big Data
3 4 (6.35%) Hadoop
4 3 (4.76%) SQL Server
5 1 (1.59%) Base SAS
5 1 (1.59%) Data Warehouse
5 1 (1.59%) Oracle Database
5 1 (1.59%) SAS Enterprise Guide
5 1 (1.59%) SAS Enterprise Miner
General
1 63 (100.00%) Finance
2 10 (15.87%) Banking
3 6 (9.52%) Legal
3 6 (9.52%) Retail
4 5 (7.94%) Marketing
5 4 (6.35%) Telecoms
6 3 (4.76%) Front Office
7 2 (3.17%) Law
8 1 (1.59%) Billing
8 1 (1.59%) Games
8 1 (1.59%) Retail Banking
Job Titles
1 21 (33.33%) Analyst
2 20 (31.75%) Developer
3 12 (19.05%) Business Analyst
4 9 (14.29%) Consultant
5 7 (11.11%) C# Developer
6 6 (9.52%) HR Consultant
7 5 (7.94%) Financial Analyst
7 5 (7.94%) Perl Developer
8 4 (6.35%) Quantitative Developer
9 3 (4.76%) Analytics Consultant
9 3 (4.76%) Data Analyst
9 3 (4.76%) Data Business Analyst
9 3 (4.76%) Finance Business Analyst
9 3 (4.76%) Financial Business Analyst
9 3 (4.76%) Report Analyst
9 3 (4.76%) Senior Developer
9 3 (4.76%) Software Developer
10 2 (3.17%) Data Insight Analyst
10 2 (3.17%) Insight Data Analyst
10 2 (3.17%) Senior C# Software Developer
Libraries, Frameworks & Software Standards
1 6 (9.52%) REST
2 2 (3.17%) CSS
2 2 (3.17%) CSS3
2 2 (3.17%) HTML
2 2 (3.17%) HTML5
3 1 (1.59%) .NET
3 1 (1.59%) jQuery
3 1 (1.59%) Mason
Miscellaneous
1 9 (14.29%) Analytical Skills
2 8 (12.70%) Derivative
2 8 (12.70%) Equities
2 8 (12.70%) Fixed Income
2 8 (12.70%) Market Risk
3 5 (7.94%) Algorithms
3 5 (7.94%) Credit Derivative
4 4 (6.35%) Foreign Exchange (FX)
5 3 (4.76%) Management Information System
6 2 (3.17%) Data Structures
6 2 (3.17%) Hedge funds
6 2 (3.17%) User Experience
6 2 (3.17%) Virtual Team
7 1 (1.59%) Credit Risk
7 1 (1.59%) Fintech
7 1 (1.59%) Handset
7 1 (1.59%) OTC Derivatives
Operating Systems
1 3 (4.76%) Unix
2 2 (3.17%) Android
2 2 (3.17%) Apple iOS
Processes & Methodologies
1 17 (26.98%) Analytics
2 11 (17.46%) Mathematics
3 10 (15.87%) Agile Software Development
4 9 (14.29%) Mathematical Modelling
4 9 (14.29%) RAD
5 7 (11.11%) Stakeholder Management
6 6 (9.52%) E-Commerce
6 6 (9.52%) OO
6 6 (9.52%) Project Management
7 5 (7.94%) Business Intelligence
7 5 (7.94%) DNA
7 5 (7.94%) Wealth Management
8 4 (6.35%) Performance Metrics
9 3 (4.76%) Budgeting and Forecasting
9 3 (4.76%) Data Visualisation
9 3 (4.76%) Digital Marketing
9 3 (4.76%) Resource Management
9 3 (4.76%) Stress Testing
9 3 (4.76%) Visualisation
9 3 (4.76%) Web Analytics
Programming Languages
1 10 (15.87%) C#
2 7 (11.11%) VBA
3 5 (7.94%) Perl
3 5 (7.94%) R
4 4 (6.35%) SQL
5 2 (3.17%) C++
5 2 (3.17%) MATLAB
6 1 (1.59%) C
6 1 (1.59%) Java
6 1 (1.59%) JavaScript
6 1 (1.59%) Python
6 1 (1.59%) Scala
Qualifications
1 7 (11.11%) MBA
2 3 (4.76%) Degree
3 1 (1.59%) ACCA
3 1 (1.59%) CFA
3 1 (1.59%) Security Cleared
Quality Assurance & Compliance
1 3 (4.76%) IFRS
1 3 (4.76%) PMO
2 2 (3.17%) IFRS 9
Systems Management
1 2 (3.17%) Opscode Chef
Vendors
1 8 (12.70%) Oracle
1 8 (12.70%) SAP
2 4 (6.35%) Tableau
2 4 (6.35%) Teradata
3 3 (4.76%) IBM
3 3 (4.76%) Kenexa
3 3 (4.76%) Microsoft
4 2 (3.17%) Ariba
4 2 (3.17%) hybris
5 1 (1.59%) JD Edwards
5 1 (1.59%) Lotus
5 1 (1.59%) PeopleSoft
5 1 (1.59%) Workday
North West London
Sopra Steria Recruitment
Posted: 4 days ago
London
Venturi
Rate: £400 - £500 per day
Posted: 4 days ago
London
Streamline Connections
Rate: £500 - £600 per day
Posted: 6 days ago