The table below looks at the statistics for FpML skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited FpML over the 3 months to 21 August 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
21 Aug 2014
Same period 2013 Same period 2012
Financial Products Markup Language (FpML)
Rank 188 209 218
Rank change year-on-year
+21 +9
Contract jobs citing FpML 12 19 8
As % of all contract IT jobs located in the City of London 0.20% 0.26% 0.10%
As % of the Libraries, Frameworks & Software Standards category 0.69% 0.87% 0.36%
Number of daily rates quoted 11 15 8
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£550 £525 £588
Average daily rate % change year-on-year
+4.76% -10.63%
90% offered a daily rate of more than £510 £435 £417
10% offered a daily rate of more than £575 £615 £663
UK excluding London average daily rate £300 £375 £400
% change year-on-year
-20.00% -6.25%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FpML
London

The following table is for comparison with the above and provides statistics for the entire Libraries, Frameworks & Software Standards category in contract jobs advertised in the City of London region.

Libraries, Frameworks & Software Standards Category
City of London
Contract IT job ads with a match in the
Libraries, Frameworks & Software Standards category
1735 2174 2196
As % of all contract IT jobs located in the City of London 29.48% 29.99% 28.08%
Number of daily rates quoted 1285 1663 1709
Average daily rate £425 £425 £425
90% offered a daily rate of more than £308 £285 £300
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £350 £325 £325
% change year-on-year
+7.69% -
Number of hourly rates quoted 13 13 12
Average hourly rate £45.00 £35.00 £33.50
Average hourly rate % change year-on-year
+28.57% +4.47%
UK excluding London average hourly rate £34.00 £35.00 £32.50
% change year-on-year
-2.85% +7.69%

FpML
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing FpML across the City of London region as a proportion of the total demand within the Libraries, Frameworks & Software Standards category.

FpML Jobs Demand Trend in the City of London

FpML
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 FpML across the City of London region.

FpML Daily Rate Trend in the City of London

FpML
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FpML across the City of London region over the 3 months to 21 August 2014.

FpML Daily Rate Histogram in the City of London

FpML
Top 30 Related IT Skills in the City of London

For the 6 months to 21 August 2014, IT contractor jobs across the City of London region citing FpML 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 FpML.

1 13 (76.47%) XML
2 12 (70.59%) Derivative
3 10 (58.82%) Banking
3 10 (58.82%) Investment Banking
4 8 (47.06%) Finance
4 8 (47.06%) EMIR
5 7 (41.18%) Data Analysis
6 5 (29.41%) SQL
6 5 (29.41%) Project Management
7 4 (23.53%) XSLT
7 4 (23.53%) Data Modelling
7 4 (23.53%) Back Office
7 4 (23.53%) Agile Software Development
7 4 (23.53%) DTCC
7 4 (23.53%) Dodd-Frank
8 3 (17.65%) XSD
8 3 (17.65%) Foreign Exchange (FX)
8 3 (17.65%) Fixed Income
8 3 (17.65%) Interest Rate Derivative
9 2 (11.76%) Front Office
9 2 (11.76%) Risk Management
9 2 (11.76%) Stakeholder Management
9 2 (11.76%) Business Analysis
9 2 (11.76%) SWIFT
9 2 (11.76%) Analytics
10 1 (5.88%) Java
10 1 (5.88%) Oracle
10 1 (5.88%) Sybase
10 1 (5.88%) SOAP
10 1 (5.88%) XSL

FpML
Top Related IT Skills in the City of London by Category

For the 6 months to 21 August 2014, IT contractor jobs across the City of London region citing FpML 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 FpML. Up to 20 skills are shown per category.

Application Platforms
1 1 (5.88%) Mule
Business Applications
1 1 (5.88%) Oracle Financials
Database & Business Intelligence
1 1 (5.88%) Data Mart
1 1 (5.88%) Sybase ASE
1 1 (5.88%) MongoDB
General
1 10 (58.82%) Banking
1 10 (58.82%) Investment Banking
2 8 (47.06%) Finance
3 4 (23.53%) Back Office
4 2 (11.76%) Front Office
5 1 (5.88%) Financial Institution
Job Titles
1 9 (52.94%) Analyst
2 7 (41.18%) Business Analyst
3 3 (17.65%) Programme Manager
4 2 (11.76%) Developer
4 2 (11.76%) Project Manager
4 2 (11.76%) Data Analyst
5 1 (5.88%) Project Analyst
5 1 (5.88%) Risk Analyst
5 1 (5.88%) Relationships Manager
5 1 (5.88%) IT Business Analyst
5 1 (5.88%) Investment Banking Business Analyst
5 1 (5.88%) Architect
5 1 (5.88%) Data Architect
Libraries, Frameworks & Software Standards
1 13 (76.47%) XML
2 4 (23.53%) XSLT
3 3 (17.65%) XSD
4 1 (5.88%) XSL
4 1 (5.88%) SOAP
4 1 (5.88%) JMS
4 1 (5.88%) JTS
4 1 (5.88%) XBRL
4 1 (5.88%) Middleware
4 1 (5.88%) FIXML
4 1 (5.88%) XML Messaging
4 1 (5.88%) Hibernate
4 1 (5.88%) Spring
4 1 (5.88%) JTA
4 1 (5.88%) Java EE
4 1 (5.88%) REST
4 1 (5.88%) Apache Camel
Miscellaneous
1 12 (70.59%) Derivative
2 4 (23.53%) DTCC
3 3 (17.65%) Interest Rate Derivative
3 3 (17.65%) Foreign Exchange (FX)
3 3 (17.65%) Fixed Income
4 2 (11.76%) SWIFT
5 1 (5.88%) Open Source
5 1 (5.88%) Inversion of Control
5 1 (5.88%) Exotic Derivative
Processes & Methodologies
1 7 (41.18%) Data Analysis
2 5 (29.41%) Project Management
3 4 (23.53%) Data Modelling
3 4 (23.53%) Agile Software Development
4 2 (11.76%) Analytics
4 2 (11.76%) Stakeholder Management
4 2 (11.76%) Risk Management
4 2 (11.76%) Business Analysis
5 1 (5.88%) Requirements Management
5 1 (5.88%) Business Development
5 1 (5.88%) Test Scripting
5 1 (5.88%) Electronic Trading
5 1 (5.88%) Data Mapping
5 1 (5.88%) BDD
5 1 (5.88%) Change Control
5 1 (5.88%) Agile Project Management
5 1 (5.88%) Risk Analytics
5 1 (5.88%) Validation
5 1 (5.88%) Migration
5 1 (5.88%) GAP Analysis
Programming Languages
1 5 (29.41%) SQL
2 1 (5.88%) XPath
2 1 (5.88%) Java
Qualifications
1 1 (5.88%) ISEB
Quality Assurance & Compliance
1 8 (47.06%) EMIR
2 4 (23.53%) Dodd-Frank
3 1 (5.88%) Basel II
Vendors
1 1 (5.88%) Oracle
1 1 (5.88%) Sybase
1 1 (5.88%) JBoss
1 1 (5.88%) Murex
1 1 (5.88%) Fidessa
1 1 (5.88%) Red Hat
1 1 (5.88%) Bloomberg
City, London
Harrington Starr
Rate: £700 per day
Posted: 4 hours ago
City of London
Huxley Associates
Rate: £450 - £550 per annum + competitive
Posted: 9 hours ago
City, London
Harrington Starr
Rate: £600 - £800 per day
Posted: Yesterday
City, London
Harrington Starr
Rate: £500 - £700 per day
Posted: 3 days ago
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: 3 days ago
City of London
Huxley Associates
Rate: £500 - £501600 per day
Posted: 13 days ago