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 22 February 2017 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
22 Feb 2017
Same period 2016 Same period 2015
Financial Products Markup Language (FpML)
London / City of London
Rank 145 136 185
Rank change year-on-year
-9 +49
Contract jobs citing FpML 10 17 5
As % of all contract IT jobs located in the City of London 0.34% 0.53% 0.097%
As % of the Libraries, Frameworks & Software Standards category 0.96% 1.70% 0.32%
Number of daily rates quoted 10 11 5
Median daily rate £525 £550 £560
Median daily rate % change year-on-year
-4.54% -1.78%
90% offered a daily rate of more than £462 £525 £350
10% offered a daily rate of more than £725 £725 £615
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
1040 1002 1552
As % of all contract IT jobs located in the City of London 35.24% 31.39% 30.25%
Number of daily rates quoted 879 851 1252
Median daily rate £475 £450 £425
Median daily rate % change year-on-year
+5.55% +5.88%
90% offered a daily rate of more than £345 £325 £300
10% offered a daily rate of more than £625 £600 £575
UK excluding London median daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 0 3 3
Median hourly rate - £55.00 £27.37
Median hourly rate % change year-on-year
- +100.94%
UK excluding London median hourly rate £38.75 £38.50 £34.00
% change year-on-year
+0.64% +13.23%

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 22 February 2017.

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 22 February 2017, 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 11 (64.71%) XML
2 10 (58.82%) Finance
2 10 (58.82%) Fixed Income
2 10 (58.82%) MiFID
2 10 (58.82%) FIX Protocol
3 9 (52.94%) Business Analysis
4 7 (41.18%) Foreign Exchange (FX)
4 7 (41.18%) Reference Data
5 6 (35.29%) XSD
5 6 (35.29%) Banking
5 6 (35.29%) Front Office
6 5 (29.41%) Agile Software Development
6 5 (29.41%) Derivative
6 5 (29.41%) Investment Banking
6 5 (29.41%) Data Modelling
6 5 (29.41%) SQL
6 5 (29.41%) SQL Server
7 4 (23.53%) Fidessa
7 4 (23.53%) Bloomberg
7 4 (23.53%) FIXML
7 4 (23.53%) XSLT
7 4 (23.53%) Windows
7 4 (23.53%) Taxonomies
7 4 (23.53%) Equities
7 4 (23.53%) Analytical Skills
7 4 (23.53%) QA
8 3 (17.65%) SDLC
8 3 (17.65%) Test Strategy
8 3 (17.65%) Linux
8 3 (17.65%) Project Management

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 (11.76%) Confluence
Business Applications
1 1 (5.88%) RMDS
Database & Business Intelligence
1 5 (29.41%) SQL Server
2 2 (11.76%) Hadoop
3 1 (5.88%) Big Data
3 1 (5.88%) Data Mining
3 1 (5.88%) Data Warehouse
3 1 (5.88%) NoSQL
Development Applications
1 2 (11.76%) JIRA
2 1 (5.88%) ERwin
General
1 10 (58.82%) Finance
2 6 (35.29%) Banking
2 6 (35.29%) Front Office
3 5 (29.41%) Investment Banking
Job Titles
1 10 (58.82%) Analyst
1 10 (58.82%) Business Analyst
2 7 (41.18%) MiFID Business Analyst
3 5 (29.41%) Architect
3 5 (29.41%) Data Architect
4 4 (23.53%) Technical Analyst
4 4 (23.53%) Technical Business Analyst
5 3 (17.65%) Banking Analyst
5 3 (17.65%) Front Office Business Analyst
5 3 (17.65%) XML Analyst
6 2 (11.76%) Banking Business Analyst
6 2 (11.76%) Business IT Analyst
6 2 (11.76%) Developer
6 2 (11.76%) IT Analyst
6 2 (11.76%) IT Business Analyst
7 1 (5.88%) Front Office Developer
7 1 (5.88%) Quantitative Developer
7 1 (5.88%) Report Analyst
7 1 (5.88%) Senior Analyst
7 1 (5.88%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 11 (64.71%) XML
2 10 (58.82%) FIX Protocol
3 6 (35.29%) XSD
4 4 (23.53%) FIXML
4 4 (23.53%) XSLT
5 2 (11.76%) .NET
6 1 (5.88%) HTML
6 1 (5.88%) HTML5
Miscellaneous
1 10 (58.82%) Fixed Income
2 7 (41.18%) Foreign Exchange (FX)
2 7 (41.18%) Reference Data
3 5 (29.41%) Derivative
4 4 (23.53%) Analytical Skills
4 4 (23.53%) Equities
4 4 (23.53%) Taxonomies
5 1 (5.88%) Fintech
5 1 (5.88%) OTC Derivatives
Operating Systems
1 4 (23.53%) Windows
2 3 (17.65%) Linux
Processes & Methodologies
1 9 (52.94%) Business Analysis
2 5 (29.41%) Agile Software Development
2 5 (29.41%) Data Modelling
3 3 (17.65%) GAP Analysis
3 3 (17.65%) Project Management
3 3 (17.65%) SDLC
3 3 (17.65%) Test Strategy
4 2 (11.76%) Analytics
4 2 (11.76%) KYC
4 2 (11.76%) Multithreading
4 2 (11.76%) Use Case
5 1 (5.88%) Data Architecture
5 1 (5.88%) Data Governance
5 1 (5.88%) Data Lineage
5 1 (5.88%) Kalman Filter
5 1 (5.88%) Low Latency
5 1 (5.88%) Master Data Management
5 1 (5.88%) Metadata Management
5 1 (5.88%) Quantitative Finance
5 1 (5.88%) Technical Analysis
Programming Languages
1 5 (29.41%) SQL
2 2 (11.76%) C#
3 1 (5.88%) C++
3 1 (5.88%) PL/SQL
3 1 (5.88%) VC++
Qualifications
1 1 (5.88%) CFA
Quality Assurance & Compliance
1 10 (58.82%) MiFID
2 4 (23.53%) QA
3 1 (5.88%) Data Quality
3 1 (5.88%) EMIR
3 1 (5.88%) ISO20022
3 1 (5.88%) Solvency II
Vendors
1 4 (23.53%) Bloomberg
1 4 (23.53%) Fidessa