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 29 May 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
29 May 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 182 200 201
Rank change year-on-year
+18 +1
Contract jobs citing FpML 9 5 10
As % of all contract IT jobs located in the City of London 0.17% 0.084% 0.15%
As % of the Libraries, Frameworks & Software Standards category 0.56% 0.29% 0.53%
Number of daily rates quoted 7 5 9
Average daily rate
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£675 £725 £475
Average daily rate % change year-on-year
-6.89% +52.63%
90% offered a daily rate of more than £600 £626 £410
10% offered a daily rate of more than £685 £775 £650
UK excluding London average daily rate - - -
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
1598 1753 1894
As % of all contract IT jobs located in the City of London 29.59% 29.44% 28.98%
Number of daily rates quoted 1298 1363 1502
Average daily rate £425 £438 £405
Average daily rate % change year-on-year
-2.85% +8.02%
90% offered a daily rate of more than £317 £315 £300
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £350 £350 £325
% change year-on-year
- +7.69%
Number of hourly rates quoted 8 0 25
Average hourly rate £19.72 - £41.50
90% offered a hourly rate of more than £18.49 - £32.58
10% offered a hourly rate of more than £69.75 - £67.50
UK excluding London average hourly rate £37.50 £35.00 £35.00
% change year-on-year
+7.14% -

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
Top 30 Related IT Skills in the City of London

For the 6 months to 29 May 2015, 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 12 (80.00%) XML
2 10 (66.67%) SQL
2 10 (66.67%) Finance
2 10 (66.67%) Banking
3 9 (60.00%) Investment Banking
4 7 (46.67%) Derivative
4 7 (46.67%) Business Analysis
5 6 (40.00%) Foreign Exchange (FX)
6 5 (33.33%) Front Office
6 5 (33.33%) Greeks
7 4 (26.67%) Credit Derivative
7 4 (26.67%) Java
7 4 (26.67%) Analytics
8 3 (20.00%) Data Modelling
8 3 (20.00%) Murex
8 3 (20.00%) FIX Protocol
9 2 (13.33%) JIRA
9 2 (13.33%) QA
9 2 (13.33%) Migration
9 2 (13.33%) HP
9 2 (13.33%) FIXML
9 2 (13.33%) Project Management
9 2 (13.33%) ISO 9001
9 2 (13.33%) PL/SQL
9 2 (13.33%) Client/Server
9 2 (13.33%) C
9 2 (13.33%) EMIR
9 2 (13.33%) HP Quality Center
9 2 (13.33%) Data Architecture
9 2 (13.33%) Data Governance

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

For the 6 months to 29 May 2015, 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.

Applications
1 1 (6.67%) Spreadsheet
Database & Business Intelligence
1 1 (6.67%) Data Warehouse
1 1 (6.67%) SQL Server
1 1 (6.67%) OLTP
Development Applications
1 2 (13.33%) JIRA
General
1 10 (66.67%) Finance
1 10 (66.67%) Banking
2 9 (60.00%) Investment Banking
3 5 (33.33%) Front Office
4 1 (6.67%) Back Office
Job Titles
1 10 (66.67%) Analyst
2 8 (53.33%) Business Analyst
3 4 (26.67%) Architect
4 3 (20.00%) Data Architect
5 2 (13.33%) IT Business Analyst
5 2 (13.33%) Risk Analyst
5 2 (13.33%) Developer
5 2 (13.33%) Test Analyst
6 1 (6.67%) Java Developer
6 1 (6.67%) SQL Developer
6 1 (6.67%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 12 (80.00%) XML
2 3 (20.00%) FIX Protocol
3 2 (13.33%) FIXML
4 1 (6.67%) HTML
4 1 (6.67%) XSLT
4 1 (6.67%) Web Services
4 1 (6.67%) XML Schema
4 1 (6.67%) Middleware
Miscellaneous
1 7 (46.67%) Derivative
2 6 (40.00%) Foreign Exchange (FX)
3 4 (26.67%) Credit Derivative
4 2 (13.33%) Client/Server
5 1 (6.67%) SWIFT
5 1 (6.67%) Enterprise Software
5 1 (6.67%) Interest Rate Derivative
5 1 (6.67%) DTCC
5 1 (6.67%) Swaptions
5 1 (6.67%) Credit Risk
5 1 (6.67%) Reference Data
Processes & Methodologies
1 7 (46.67%) Business Analysis
2 5 (33.33%) Greeks
3 4 (26.67%) Analytics
4 3 (20.00%) Data Modelling
5 2 (13.33%) Migration
5 2 (13.33%) Project Management
5 2 (13.33%) Data Architecture
5 2 (13.33%) Data Governance
6 1 (6.67%) Waterfall
6 1 (6.67%) Logical Data Model
6 1 (6.67%) UML
6 1 (6.67%) OO
6 1 (6.67%) CRM
6 1 (6.67%) Risk Management
6 1 (6.67%) Change Management
6 1 (6.67%) Regression Testing
6 1 (6.67%) GAP Analysis
6 1 (6.67%) Agile Software Development
6 1 (6.67%) Data Management
6 1 (6.67%) Data Analysis
Programming Languages
1 10 (66.67%) SQL
2 4 (26.67%) Java
3 2 (13.33%) PL/SQL
3 2 (13.33%) C
4 1 (6.67%) C#
4 1 (6.67%) JavaScript
Qualifications
1 1 (6.67%) Degree
Quality Assurance & Compliance
1 2 (13.33%) QA
1 2 (13.33%) ISO 9001
1 2 (13.33%) EMIR
2 1 (6.67%) Dodd-Frank
Systems Management
1 2 (13.33%) HP Quality Center
Vendors
1 3 (20.00%) Murex
2 2 (13.33%) HP
City, London
TEKsystems
Posted: 2 days ago