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 24 December 2014 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
24 Dec 2014
Same period 2013 Same period 2012
Financial Products Markup Language (FpML)
Rank 184 192 193
Rank change year-on-year
+8 +1
Contract jobs citing FpML 12 10 7
As % of all contract IT jobs located in the City of London 0.21% 0.15% 0.12%
As % of the Libraries, Frameworks & Software Standards category 0.72% 0.51% 0.39%
Number of daily rates quoted 12 10 4
Average daily rate
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of your Daily Rate
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£600 £563 £513
Average daily rate % change year-on-year
+6.66% +9.59%
90% offered a daily rate of more than £505 £545 £475
10% offered a daily rate of more than £693 £700 £655
UK excluding London average daily rate £356 - -
Number of hourly rates quoted 0 0 1
Average hourly rate - - £49.02
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
1665 1944 1810
As % of all contract IT jobs located in the City of London 29.79% 29.23% 30.18%
Number of daily rates quoted 1343 1465 1400
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +2.90%
90% offered a daily rate of more than £303 £300 £288
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £350 £325 £325
% change year-on-year
+7.69% -
Number of hourly rates quoted 5 13 24
Average hourly rate £30.00 £27.50 £22.50
Average hourly rate % change year-on-year
+9.09% +22.22%
90% offered a hourly rate of more than £19.50 £16.60 £14.15
10% offered a hourly rate of more than £50.00 £77.50 £49.02
UK excluding London average hourly rate £35.00 £33.00 £34.00
% change year-on-year
+6.06% -2.94%

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 24 December 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 24 December 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 22 (73.33%) XML
2 18 (60.00%) Finance
3 15 (50.00%) Banking
4 12 (40.00%) Investment Banking
4 12 (40.00%) SQL
4 12 (40.00%) Derivative
5 9 (30.00%) Analytics
5 9 (30.00%) Fixed Income
6 8 (26.67%) Front Office
6 8 (26.67%) Foreign Exchange (FX)
7 7 (23.33%) Murex
7 7 (23.33%) Agile Software Development
7 7 (23.33%) Business Analysis
7 7 (23.33%) EMIR
8 5 (16.67%) JIRA
8 5 (16.67%) Project Management
8 5 (16.67%) Java
9 4 (13.33%) XSLT
9 4 (13.33%) FIXML
9 4 (13.33%) HP
9 4 (13.33%) Data Modelling
9 4 (13.33%) Credit Derivative
9 4 (13.33%) Data Analysis
9 4 (13.33%) Regression Testing
9 4 (13.33%) Greeks
9 4 (13.33%) HP Quality Center
10 3 (10.00%) SWIFT
10 3 (10.00%) User Acceptance Testing
10 3 (10.00%) Software Testing
10 3 (10.00%) Dodd-Frank

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

For the 6 months to 24 December 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 2 (6.67%) MQSeries
Applications
1 1 (3.33%) MS Excel
1 1 (3.33%) Spreadsheet
Business Applications
1 3 (10.00%) Summit
2 2 (6.67%) BusinessWorks
3 1 (3.33%) Oracle Financials
Database & Business Intelligence
1 1 (3.33%) Data Warehouse
1 1 (3.33%) Data Mining
1 1 (3.33%) Data Mart
Development Applications
1 5 (16.67%) JIRA
2 2 (6.67%) Subversion
General
1 18 (60.00%) Finance
2 15 (50.00%) Banking
3 12 (40.00%) Investment Banking
4 8 (26.67%) Front Office
5 3 (10.00%) Back Office
6 1 (3.33%) Legal
6 1 (3.33%) General Ledger
6 1 (3.33%) Financial Institution
Job Titles
1 22 (73.33%) Analyst
2 16 (53.33%) Business Analyst
3 4 (13.33%) Developer
3 4 (13.33%) Test Analyst
4 2 (6.67%) Architect
4 2 (6.67%) Data Analyst
4 2 (6.67%) Java Developer
4 2 (6.67%) Risk Analyst
4 2 (6.67%) IT Business Analyst
4 2 (6.67%) Banking Business Analyst
5 1 (3.33%) Investment Banking Business Analyst
5 1 (3.33%) FX Test Analyst
5 1 (3.33%) Murex Analyst
5 1 (3.33%) Murex Business Analyst
5 1 (3.33%) Analyst Developer
5 1 (3.33%) Project Analyst
5 1 (3.33%) Project Manager
5 1 (3.33%) Business Developer
5 1 (3.33%) Consultant
5 1 (3.33%) Data Architect
Libraries, Frameworks & Software Standards
1 22 (73.33%) XML
2 4 (13.33%) XSLT
2 4 (13.33%) FIXML
3 3 (10.00%) XSD
4 2 (6.67%) JMS
4 2 (6.67%) Hibernate
4 2 (6.67%) Spring
4 2 (6.67%) FIX Protocol
4 2 (6.67%) Murex MxML
5 1 (3.33%) MXML
5 1 (3.33%) REST
5 1 (3.33%) Middleware
5 1 (3.33%) XSL
5 1 (3.33%) SOAP
Miscellaneous
1 12 (40.00%) Derivative
2 9 (30.00%) Fixed Income
3 8 (26.67%) Foreign Exchange (FX)
4 4 (13.33%) Credit Derivative
5 3 (10.00%) SWIFT
5 3 (10.00%) Analytical Skills
6 2 (6.67%) User Experience
6 2 (6.67%) Interest Rate Derivative
6 2 (6.67%) DTCC
7 1 (3.33%) Exotic Derivative
7 1 (3.33%) Mainframe
7 1 (3.33%) Equities
7 1 (3.33%) Data Structures
7 1 (3.33%) Client/Server
Operating Systems
1 2 (6.67%) UNIX
1 2 (6.67%) Linux
Processes & Methodologies
1 9 (30.00%) Analytics
2 7 (23.33%) Business Analysis
2 7 (23.33%) Agile Software Development
3 5 (16.67%) Project Management
4 4 (13.33%) Regression Testing
4 4 (13.33%) Data Modelling
4 4 (13.33%) Greeks
4 4 (13.33%) Data Analysis
5 3 (10.00%) Risk Management
5 3 (10.00%) User Acceptance Testing
5 3 (10.00%) Software Testing
6 2 (6.67%) TDD
6 2 (6.67%) Migration
6 2 (6.67%) GAP Analysis
6 2 (6.67%) Performance Tuning
6 2 (6.67%) Performance Monitoring
6 2 (6.67%) Continuous Integration
7 1 (3.33%) Data Mapping
7 1 (3.33%) User Stories
7 1 (3.33%) Rapid Prototyping
Programming Languages
1 12 (40.00%) SQL
2 5 (16.67%) Java
3 1 (3.33%) PL/SQL
3 1 (3.33%) XPath
Qualifications
1 3 (10.00%) ISEB
Quality Assurance & Compliance
1 7 (23.33%) EMIR
2 3 (10.00%) Dodd-Frank
3 1 (3.33%) Basel II
3 1 (3.33%) QA
Systems Management
1 4 (13.33%) HP Quality Center
Vendors
1 7 (23.33%) Murex
2 4 (13.33%) HP
3 2 (6.67%) TIBCO
3 2 (6.67%) Sybase
4 1 (3.33%) Oracle