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 24 July 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
24 Jul 2016
Same period 2015 Same period 2014
Financial Products Markup Language (FpML)
Rank 162 208 193
Rank change year-on-year
+46 -15
Contract jobs citing FpML 4 5 10
As % of all contract IT jobs located in the City of London 0.12% 0.084% 0.17%
As % of the Libraries, Frameworks & Software Standards category 0.33% 0.28% 0.59%
Number of daily rates quoted 2 4 9
Median daily rate £556 £588 £550
Median daily rate % change year-on-year
-5.31% +6.81%
90% offered a daily rate of more than £541 £547 £508
10% offered a daily rate of more than £571 £670 £665
UK excluding London median daily rate £494 - £300
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
1220 1792 1690
As % of all contract IT jobs located in the City of London 35.66% 30.23% 29.45%
Number of daily rates quoted 1043 1461 1267
Median daily rate £450 £450 £450
90% offered a daily rate of more than £338 £325 £313
10% offered a daily rate of more than £575 £615 £600
UK excluding London median daily rate £375 £350 £340
% change year-on-year
+7.14% +2.94%
Number of hourly rates quoted 3 8 10
Median hourly rate £20.00 £24.23 £45.00
Median hourly rate % change year-on-year
-17.45% -46.15%
UK excluding London median hourly rate £37.50 £40.00 £35.00
% change year-on-year
-6.25% +14.28%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 24 July 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 7 (70.00%) SQL
1 7 (70.00%) Finance
2 6 (60.00%) Banking
2 6 (60.00%) Investment Banking
2 6 (60.00%) XML
3 5 (50.00%) Data Modelling
3 5 (50.00%) Derivative
4 4 (40.00%) Fixed Income
5 3 (30.00%) Back Office
5 3 (30.00%) Business Analysis
5 3 (30.00%) Agile Software Development
5 3 (30.00%) ETL
5 3 (30.00%) Foreign Exchange (FX)
5 3 (30.00%) FIX Protocol
5 3 (30.00%) Data Analysis
6 2 (20.00%) Akka
6 2 (20.00%) Relational Database
6 2 (20.00%) QA
6 2 (20.00%) WebSphere
6 2 (20.00%) TIBCO EMS
6 2 (20.00%) JSON
6 2 (20.00%) JIRA
6 2 (20.00%) Unit Testing
6 2 (20.00%) Atlassian Bamboo
6 2 (20.00%) ASP.NET MVC
6 2 (20.00%) MongoDB
6 2 (20.00%) NoSQL
6 2 (20.00%) Node.js
6 2 (20.00%) REST
6 2 (20.00%) MapReduce

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 2 (20.00%) WebSphere
1 2 (20.00%) WebSphere Application Server
2 1 (10.00%) Confluence
Applications
1 1 (10.00%) MS PowerPoint
Business Applications
1 1 (10.00%) Front Arena
1 1 (10.00%) Summit
Database & Business Intelligence
1 2 (20.00%) MongoDB
1 2 (20.00%) NoSQL
1 2 (20.00%) Relational Database
1 2 (20.00%) SQL Server
2 1 (10.00%) QlikView
Development Applications
1 2 (20.00%) Atlassian Bamboo
1 2 (20.00%) JIRA
2 1 (10.00%) ERwin
General
1 7 (70.00%) Finance
2 6 (60.00%) Banking
2 6 (60.00%) Investment Banking
3 3 (30.00%) Back Office
4 2 (20.00%) Front Office
5 1 (10.00%) Legal
Job Titles
1 5 (50.00%) Developer
2 4 (40.00%) Analyst
3 3 (30.00%) Business Analyst
4 2 (20.00%) Developer/Software Engineer
4 2 (20.00%) Investment Banking Java Developer
4 2 (20.00%) Java Developer
4 2 (20.00%) Java Engineer
4 2 (20.00%) Java Programmer
4 2 (20.00%) Java Software Developer
4 2 (20.00%) Java Software Engineer
4 2 (20.00%) JavaScript Developer
4 2 (20.00%) MongoDB Developer
4 2 (20.00%) NoSQL Developer
4 2 (20.00%) Programmer
4 2 (20.00%) Software Engineer
4 2 (20.00%) Software Programmer
5 1 (10.00%) Banking Business Analyst
5 1 (10.00%) Business Data Analyst
5 1 (10.00%) Calypso Business Analyst
5 1 (10.00%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 6 (60.00%) XML
2 3 (30.00%) FIX Protocol
3 2 (20.00%) .NET
3 2 (20.00%) Akka
3 2 (20.00%) ASP.NET
3 2 (20.00%) ASP.NET MVC
3 2 (20.00%) EJB
3 2 (20.00%) J2EE
3 2 (20.00%) JDBC
3 2 (20.00%) JMS
3 2 (20.00%) JSON
3 2 (20.00%) JSP
3 2 (20.00%) Middleware
3 2 (20.00%) Node.js
3 2 (20.00%) ODBC
3 2 (20.00%) REST
3 2 (20.00%) Servlets
3 2 (20.00%) TIBCO EMS
3 2 (20.00%) Web Services
3 2 (20.00%) WebSphere MQ
Miscellaneous
1 5 (50.00%) Derivative
2 4 (40.00%) Fixed Income
3 3 (30.00%) Foreign Exchange (FX)
4 2 (20.00%) Equities
5 1 (10.00%) Equity Derivative
5 1 (10.00%) Hedge funds
5 1 (10.00%) OTC Derivatives
5 1 (10.00%) SWIFT
5 1 (10.00%) Virtual Team
Processes & Methodologies
1 5 (50.00%) Data Modelling
2 3 (30.00%) Agile Software Development
2 3 (30.00%) Business Analysis
2 3 (30.00%) Data Analysis
2 3 (30.00%) ETL
3 2 (20.00%) MapReduce
3 2 (20.00%) MVC
3 2 (20.00%) SOA
3 2 (20.00%) Software Engineering
3 2 (20.00%) UML
3 2 (20.00%) Unit Testing
4 1 (10.00%) Asset Management
4 1 (10.00%) Data Architecture
4 1 (10.00%) Data Governance
4 1 (10.00%) Data Lineage
4 1 (10.00%) Data Management
4 1 (10.00%) GAP Analysis
4 1 (10.00%) Logical Data Model
4 1 (10.00%) Requirements Analysis
4 1 (10.00%) Risk Management
Programming Languages
1 7 (70.00%) SQL
2 2 (20.00%) Java
2 2 (20.00%) JavaScript
3 1 (10.00%) C#
3 1 (10.00%) Python
Quality Assurance & Compliance
1 2 (20.00%) QA
2 1 (10.00%) Data Quality
2 1 (10.00%) Dodd-Frank
2 1 (10.00%) Solvency II
Vendors
1 2 (20.00%) Bloomberg
1 2 (20.00%) IBM
1 2 (20.00%) Murex
1 2 (20.00%) Sun
1 2 (20.00%) TIBCO
2 1 (10.00%) Calypso
2 1 (10.00%) ION Trading
2 1 (10.00%) SunGard
City, London
Harrington Starr
Rate: £500 - £650 per hour
Posted: 3 days ago