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 contractor rates offered in IT contracts that have cited FpML over the 3 months to 4 May 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
4 May 2016
Same period 2015 Same period 2014
Financial Products Markup Language (FpML)
Rank 158 193 206
Rank change year-on-year
+35 +13
Contract jobs citing FpML 4 10 6
As % of all contract IT jobs located in the City of London 0.12% 0.18% 0.096%
As % of the Libraries, Frameworks & Software Standards category 0.36% 0.61% 0.32%
Number of daily rates quoted 3 8 6
Median daily rate £575 £650 £725
Median daily rate % change year-on-year
-11.53% -10.34%
90% offered a daily rate of more than £555 £543 £580
10% offered a daily rate of more than £695 £683 £775
UK excluding London median daily rate £525 - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1123 1634 1861
As % of all contract IT jobs located in the City of London 32.48% 29.82% 29.71%
Number of daily rates quoted 953 1285 1414
Median daily rate £475 £425 £425
Median daily rate % change year-on-year
+11.76% -
90% offered a daily rate of more than £325 £320 £313
10% offered a daily rate of more than £600 £600 £600
UK excluding London median daily rate £375 £351 £338
% change year-on-year
+6.99% +3.85%
Number of hourly rates quoted 3 10 3
Median hourly rate £22.00 £19.72 £41.00
Median hourly rate % change year-on-year
+11.59% -51.91%
90% offered a hourly rate of more than £16.52 £17.65 £37.30
10% offered a hourly rate of more than £34.94 £60.00 £190.00
UK excluding London median hourly rate £33.55 £37.50 £35.00
% change year-on-year
-10.53% +7.14%

FpML
Jobs Demand Trend in the City of London

The demand trend of contract jobs across the City of London region citing FpML as a proportion of all IT contracts with a match in 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 4 May 2016.

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 4 May 2016, IT contractor jobs citing FpML 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 FpML.

1 19 (95.00%) Finance
2 14 (70.00%) FIX Protocol
3 13 (65.00%) SQL
4 12 (60.00%) Data Modelling
5 11 (55.00%) XML
5 11 (55.00%) Derivative
5 11 (55.00%) Fixed Income
6 9 (45.00%) Front Office
6 9 (45.00%) UML
6 9 (45.00%) Foreign Exchange (FX)
7 8 (40.00%) Banking
7 8 (40.00%) Data Analysis
7 8 (40.00%) Investment Banking
8 7 (35.00%) Business Analysis
8 7 (35.00%) Middleware
8 7 (35.00%) XML Schema
9 6 (30.00%) Web Services
9 6 (30.00%) FIXML
9 6 (30.00%) Requirements Analysis
9 6 (30.00%) Equities
9 6 (30.00%) Data Governance
10 4 (20.00%) Logical Data Model
10 4 (20.00%) Data Architecture
10 4 (20.00%) Bloomberg
11 3 (15.00%) SunGard
11 3 (15.00%) OLTP
11 3 (15.00%) IBM
11 3 (15.00%) OO
11 3 (15.00%) Python
11 3 (15.00%) Data Warehouse

FpML
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 3 (15.00%) WebSphere
2 2 (10.00%) Node.js
Business Applications
1 3 (15.00%) Front Arena
2 1 (5.00%) Summit
Database & Business Intelligence
1 3 (15.00%) Data Warehouse
1 3 (15.00%) OLTP
2 2 (10.00%) MongoDB
2 2 (10.00%) NoSQL
3 1 (5.00%) DB2
3 1 (5.00%) SQL Server
Development Applications
1 2 (10.00%) Atlassian Bamboo
General
1 19 (95.00%) Finance
2 9 (45.00%) Front Office
3 8 (40.00%) Banking
3 8 (40.00%) Investment Banking
4 1 (5.00%) Back Office
4 1 (5.00%) Legal
Job Titles
1 8 (40.00%) Analyst
2 7 (35.00%) Business Analyst
3 6 (30.00%) Developer
4 3 (15.00%) Architect
4 3 (15.00%) Data Architect
4 3 (15.00%) Middleware Developer
5 2 (10.00%) JavaScript Developer
5 2 (10.00%) MongoDB Developer
5 2 (10.00%) NoSQL Developer
6 1 (5.00%) Business Data Analyst
6 1 (5.00%) Calypso Business Analyst
6 1 (5.00%) Front Arena Developer
6 1 (5.00%) Investment Banking Business Analyst
6 1 (5.00%) Investment Banking Java Developer
6 1 (5.00%) Java Middleware Developer
6 1 (5.00%) Middleware Engineer
6 1 (5.00%) MiFID Architect
6 1 (5.00%) Python Developer
6 1 (5.00%) WebSphere Engineer
6 1 (5.00%) XML Analyst
Libraries, Frameworks & Software Standards
1 14 (70.00%) FIX Protocol
2 11 (55.00%) XML
3 7 (35.00%) Middleware
3 7 (35.00%) XML Schema
4 6 (30.00%) FIXML
4 6 (30.00%) Web Services
5 3 (15.00%) IBM Integration Bus
5 3 (15.00%) RabbitMQ
5 3 (15.00%) XSD
6 2 (10.00%) Akka
6 2 (10.00%) JSON
6 2 (10.00%) REST
6 2 (10.00%) XSLT
7 1 (5.00%) JMS
7 1 (5.00%) WebSphere MQ
Miscellaneous
1 11 (55.00%) Derivative
1 11 (55.00%) Fixed Income
2 9 (45.00%) Foreign Exchange (FX)
3 6 (30.00%) Equities
4 3 (15.00%) Enterprise Software
4 3 (15.00%) Equity Derivative
4 3 (15.00%) Hedge funds
4 3 (15.00%) SWIFT
5 1 (5.00%) Analytical Skills
Operating Systems
1 3 (15.00%) Solaris
1 3 (15.00%) Unix
Processes & Methodologies
1 12 (60.00%) Data Modelling
2 9 (45.00%) UML
3 8 (40.00%) Data Analysis
4 7 (35.00%) Business Analysis
5 6 (30.00%) Data Governance
5 6 (30.00%) Requirements Analysis
6 4 (20.00%) Data Architecture
6 4 (20.00%) Logical Data Model
7 3 (15.00%) Change Management
7 3 (15.00%) Investment Management
7 3 (15.00%) OO
8 2 (10.00%) MapReduce
8 2 (10.00%) SOA
9 1 (5.00%) Data Management
9 1 (5.00%) Enterprise Architecture
9 1 (5.00%) Risk Management
9 1 (5.00%) Translating Business Requirements
Programming Languages
1 13 (65.00%) SQL
2 3 (15.00%) C#
2 3 (15.00%) Java
2 3 (15.00%) Python
3 2 (10.00%) JavaScript
Quality Assurance & Compliance
1 3 (15.00%) ISO20022
2 1 (5.00%) MiFID
Vendors
1 4 (20.00%) Bloomberg
2 3 (15.00%) IBM
2 3 (15.00%) SunGard
3 2 (10.00%) Murex
4 1 (5.00%) Calypso
4 1 (5.00%) ION Trading
4 1 (5.00%) Oracle
4 1 (5.00%) Sybase