The first table below looks at the demand 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 30 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Libraries, Frameworks & Software Standards category for the City of London region.

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
30 Jul 2014
Same period 2013 Same period 2012
Financial Products Markup Language (FpML)
Rank 190 193 212
Rank change year-on-year
+3 +19
Contract jobs citing FpML 9 21 10
As % of all contract IT jobs located in the City of London 0.16% 0.30% 0.13%
As % of the Libraries, Frameworks & Software Standards category 0.53% 1.00% 0.45%
Number of daily rates quoted 8 17 9
Average daily rate
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£550 £525 £575
Average daily rate % change year-on-year
+4.76% -8.69%
90% offered a daily rate of more than £507 £425 £325
10% offered a daily rate of more than £598 £610 £650
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 - - -
Libraries, Frameworks & Software Standards Category
City of London
Contract IT job ads with a match in the
Libraries, Frameworks & Software Standards category
1696 2092 2207
As % of all contract IT jobs located in the City of London 29.23% 29.52% 28.28%
Number of daily rates quoted 1266 1610 1720
Average daily rate £438 £420 £425
Average daily rate % change year-on-year
+4.16% -1.17%
90% offered a daily rate of more than £310 £275 £300
10% offered a daily rate of more than £600 £600 £575
UK excluding London average daily rate £340 £325 £325
% change year-on-year
+4.61% -
Number of hourly rates quoted 12 20 16
Average hourly rate £45.00 £42.50 £32.50
Average hourly rate % change year-on-year
+5.88% +30.76%
UK excluding London average hourly rate £34.00 £34.50 £32.50
% change year-on-year
-1.44% +6.15%
FpML
London

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 30 July 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 30 July 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 12 (80.00%) XML
2 11 (73.33%) Derivative
3 8 (53.33%) Investment Banking
3 8 (53.33%) Banking
4 7 (46.67%) Finance
5 6 (40.00%) EMIR
6 5 (33.33%) SQL
6 5 (33.33%) Data Analysis
7 4 (26.67%) XSLT
7 4 (26.67%) Data Modelling
7 4 (26.67%) Dodd-Frank
8 3 (20.00%) XSD
8 3 (20.00%) Project Management
8 3 (20.00%) Front Office
8 3 (20.00%) Back Office
8 3 (20.00%) Fixed Income
8 3 (20.00%) DTCC
9 2 (13.33%) Analytics
9 2 (13.33%) SWIFT
9 2 (13.33%) Interest Rate Derivative
9 2 (13.33%) Agile Software Development
9 2 (13.33%) Risk Management
9 2 (13.33%) Stakeholder Management
10 1 (6.67%) XSL
10 1 (6.67%) Basel II
10 1 (6.67%) XML Messaging
10 1 (6.67%) Hibernate
10 1 (6.67%) Validation
10 1 (6.67%) Migration
10 1 (6.67%) Financial Institution

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

For the 6 months to 30 July 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 (6.67%) Mule
Business Applications
1 1 (6.67%) Oracle Financials
Database & Business Intelligence
1 1 (6.67%) Data Mart
1 1 (6.67%) Sybase ASE
1 1 (6.67%) MongoDB
General
1 8 (53.33%) Investment Banking
1 8 (53.33%) Banking
2 7 (46.67%) Finance
3 3 (20.00%) Front Office
3 3 (20.00%) Back Office
4 1 (6.67%) Financial Institution
Job Titles
1 8 (53.33%) Analyst
2 6 (40.00%) Business Analyst
3 3 (20.00%) Programme Manager
4 2 (13.33%) Investment Banking Business Analyst
4 2 (13.33%) Data Analyst
4 2 (13.33%) Developer
5 1 (6.67%) Architect
5 1 (6.67%) Project Manager
5 1 (6.67%) Data Architect
5 1 (6.67%) IT Business Analyst
5 1 (6.67%) Risk Analyst
5 1 (6.67%) Relationships Manager
Libraries, Frameworks & Software Standards
1 12 (80.00%) XML
2 4 (26.67%) XSLT
3 3 (20.00%) XSD
4 1 (6.67%) XSL
4 1 (6.67%) XML Messaging
4 1 (6.67%) Hibernate
4 1 (6.67%) JTS
4 1 (6.67%) XBRL
4 1 (6.67%) Middleware
4 1 (6.67%) FIXML
4 1 (6.67%) JMS
4 1 (6.67%) SOAP
4 1 (6.67%) Spring
4 1 (6.67%) JTA
4 1 (6.67%) REST
4 1 (6.67%) Apache Camel
4 1 (6.67%) Java EE
Miscellaneous
1 11 (73.33%) Derivative
2 3 (20.00%) Fixed Income
2 3 (20.00%) DTCC
3 2 (13.33%) SWIFT
3 2 (13.33%) Interest Rate Derivative
4 1 (6.67%) Foreign Exchange (FX)
4 1 (6.67%) Exotic Derivative
4 1 (6.67%) Open Source
4 1 (6.67%) Inversion of Control
Processes & Methodologies
1 5 (33.33%) Data Analysis
2 4 (26.67%) Data Modelling
3 3 (20.00%) Project Management
4 2 (13.33%) Analytics
4 2 (13.33%) Agile Software Development
4 2 (13.33%) Risk Management
4 2 (13.33%) Stakeholder Management
5 1 (6.67%) Validation
5 1 (6.67%) Migration
5 1 (6.67%) SOA
5 1 (6.67%) UML
5 1 (6.67%) OO
5 1 (6.67%) TDD
5 1 (6.67%) Requirements Management
5 1 (6.67%) Test Scripting
5 1 (6.67%) Electronic Trading
5 1 (6.67%) Data Mapping
5 1 (6.67%) BDD
5 1 (6.67%) Change Control
5 1 (6.67%) Risk Analytics
Programming Languages
1 5 (33.33%) SQL
2 1 (6.67%) XPath
2 1 (6.67%) Java
Qualifications
1 1 (6.67%) ISEB
Quality Assurance & Compliance
1 6 (40.00%) EMIR
2 4 (26.67%) Dodd-Frank
3 1 (6.67%) Basel II
Vendors
1 1 (6.67%) Murex
1 1 (6.67%) Fidessa
1 1 (6.67%) Red Hat
1 1 (6.67%) Bloomberg
1 1 (6.67%) JBoss
1 1 (6.67%) Oracle
1 1 (6.67%) Sybase
City, London
Aston Carter
Rate: £500 - £600 per day
Posted: Yesterday