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 23 January 2015 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
23 Jan 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 184 195 180
Rank change year-on-year
+11 -15
Contract jobs citing FpML 7 7 7
As % of all contract IT jobs located in the City of London 0.14% 0.12% 0.12%
As % of the Libraries, Frameworks & Software Standards category 0.46% 0.40% 0.41%
Number of daily rates quoted 7 6 4
Average daily rate
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of your Daily Rate
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£560 £625 £475
Average daily rate % change year-on-year
-10.40% +31.57%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
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
1535 1733 1712
As % of all contract IT jobs located in the City of London 30.28% 28.81% 30.35%
Number of daily rates quoted 1247 1309 1367
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £303 £300 £300
10% offered a daily rate of more than £598 £600 £575
UK excluding London average daily rate £350 £325 £325
% change year-on-year
+7.69% -
Number of hourly rates quoted 2 13 19
Average hourly rate £50.00 £31.42 £19.80
Average hourly rate % change year-on-year
+59.15% +58.70%
UK excluding London average hourly rate £33.25 £32.50 £35.00
% change year-on-year
+2.30% -7.14%

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 23 January 2015.

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 23 January 2015, 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 19 (73.08%) XML
2 15 (57.69%) Banking
3 14 (53.85%) Finance
4 12 (46.15%) SQL
4 12 (46.15%) Investment Banking
5 10 (38.46%) Foreign Exchange (FX)
6 9 (34.62%) Murex
7 8 (30.77%) Derivative
7 8 (30.77%) Front Office
7 8 (30.77%) Fixed Income
8 7 (26.92%) Business Analysis
8 7 (26.92%) JIRA
8 7 (26.92%) Analytics
9 6 (23.08%) HP Quality Center
9 6 (23.08%) Agile Software Development
9 6 (23.08%) HP
9 6 (23.08%) FIXML
10 5 (19.23%) Project Management
10 5 (19.23%) Java
10 5 (19.23%) EMIR
11 4 (15.38%) Greeks
11 4 (15.38%) Regression Testing
11 4 (15.38%) Credit Derivative
12 3 (11.54%) Summit
12 3 (11.54%) ISEB
12 3 (11.54%) Client/Server
12 3 (11.54%) User Acceptance Testing
12 3 (11.54%) Software Testing
12 3 (11.54%) Analytical Skills
13 2 (7.69%) User Experience

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

For the 6 months to 23 January 2015, 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 (7.69%) MQSeries
Applications
1 1 (3.85%) MS Excel
1 1 (3.85%) Spreadsheet
Business Applications
1 3 (11.54%) Summit
2 2 (7.69%) BusinessWorks
Database & Business Intelligence
1 1 (3.85%) Data Warehouse
1 1 (3.85%) Data Mining
Development Applications
1 7 (26.92%) JIRA
2 2 (7.69%) Subversion
General
1 15 (57.69%) Banking
2 14 (53.85%) Finance
3 12 (46.15%) Investment Banking
4 8 (30.77%) Front Office
5 1 (3.85%) Back Office
5 1 (3.85%) Legal
5 1 (3.85%) General Ledger
Job Titles
1 20 (76.92%) Analyst
2 14 (53.85%) Business Analyst
3 6 (23.08%) Test Analyst
4 3 (11.54%) Developer
5 2 (7.69%) Java Developer
5 2 (7.69%) IT Business Analyst
5 2 (7.69%) Banking Business Analyst
6 1 (3.85%) FX Test Analyst
6 1 (3.85%) Murex Analyst
6 1 (3.85%) Analyst Developer
6 1 (3.85%) Project Analyst
6 1 (3.85%) Risk Analyst
6 1 (3.85%) Murex Business Analyst
6 1 (3.85%) Architect
6 1 (3.85%) Project Manager
6 1 (3.85%) Business Developer
6 1 (3.85%) Consultant
6 1 (3.85%) Technical Consultant
Libraries, Frameworks & Software Standards
1 19 (73.08%) XML
2 6 (23.08%) FIXML
3 2 (7.69%) Hibernate
3 2 (7.69%) Spring
3 2 (7.69%) JMS
3 2 (7.69%) Murex MxML
4 1 (3.85%) MXML
4 1 (3.85%) Middleware
4 1 (3.85%) XSLT
4 1 (3.85%) FIX Protocol
Miscellaneous
1 10 (38.46%) Foreign Exchange (FX)
2 8 (30.77%) Fixed Income
2 8 (30.77%) Derivative
3 4 (15.38%) Credit Derivative
4 3 (11.54%) Client/Server
4 3 (11.54%) Analytical Skills
5 2 (7.69%) User Experience
6 1 (3.85%) Interest Rate Derivative
6 1 (3.85%) DTCC
6 1 (3.85%) SWIFT
6 1 (3.85%) Equities
6 1 (3.85%) Mainframe
Operating Systems
1 2 (7.69%) UNIX
1 2 (7.69%) Linux
Processes & Methodologies
1 7 (26.92%) Business Analysis
1 7 (26.92%) Analytics
2 6 (23.08%) Agile Software Development
3 5 (19.23%) Project Management
4 4 (15.38%) Regression Testing
4 4 (15.38%) Greeks
5 3 (11.54%) User Acceptance Testing
5 3 (11.54%) Software Testing
6 2 (7.69%) GAP Analysis
6 2 (7.69%) Continuous Integration
6 2 (7.69%) TDD
6 2 (7.69%) Performance Tuning
6 2 (7.69%) Performance Monitoring
6 2 (7.69%) Data Analysis
7 1 (3.85%) Data Reconciliation
7 1 (3.85%) DevOps
7 1 (3.85%) Data Management
7 1 (3.85%) Rapid Prototyping
7 1 (3.85%) Waterfall
7 1 (3.85%) Test Strategy
Programming Languages
1 12 (46.15%) SQL
2 5 (19.23%) Java
3 2 (7.69%) C
4 1 (3.85%) PL/SQL
Qualifications
1 3 (11.54%) ISEB
Quality Assurance & Compliance
1 5 (19.23%) EMIR
2 2 (7.69%) Dodd-Frank
2 2 (7.69%) ISO 9001
3 1 (3.85%) QA
Systems Management
1 6 (23.08%) HP Quality Center
Vendors
1 9 (34.62%) Murex
2 6 (23.08%) HP
3 2 (7.69%) TIBCO
3 2 (7.69%) Sybase