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 17 April 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
17 Apr 2014
Same period 2013 Same period 2012
Financial Products Markup Language (FpML)
Rank 207 194 204
Rank change year-on-year
-13 +10
Contract jobs citing FpML 3 6 19
As % of all contract IT jobs located in the City of London 0.046% 0.097% 0.23%
As % of the Libraries, Frameworks & Software Standards category 0.16% 0.35% 0.97%
Number of daily rates quoted 3 5 13
Average daily rate £600 £550 £500
Average daily rate % change year-on-year
+9.09% +10.00%
UK excluding London average daily rate - - -
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
1898 1737 1961
As % of all contract IT jobs located in the City of London 29.36% 27.97% 24.25%
Number of daily rates quoted 1427 1378 1420
Average daily rate £425 £415 £450
Average daily rate % change year-on-year
+2.40% -7.77%
90% offered a daily rate of more than £300 £300 £288
10% offered a daily rate of more than £600 £575 £600
UK excluding London average daily rate £330 £325 £325
% change year-on-year
+1.53% -
Number of hourly rates quoted 3 17 18
Average hourly rate £41.00 £97.50 £26.50
Average hourly rate % change year-on-year
-57.94% +267.92%
90% offered a hourly rate of more than £37.30 £25.00 £14.75
10% offered a hourly rate of more than £190.00 £135.00 £50.00
UK excluding London average hourly rate £35.00 £35.00 £31.00
% change year-on-year
- +12.90%
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
Top 30 Related IT Skills in the City of London

For the 6 months to 17 April 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 8 (80.00%) Derivative
2 7 (70.00%) Fixed Income
2 7 (70.00%) Banking
2 7 (70.00%) Investment Banking
3 4 (40.00%) ISEB
4 3 (30.00%) Degree
4 3 (30.00%) BEA
4 3 (30.00%) Foreign Exchange (FX)
4 3 (30.00%) Middleware
4 3 (30.00%) Java
4 3 (30.00%) SQL
4 3 (30.00%) J2EE
4 3 (30.00%) Oracle
4 3 (30.00%) WebLogic
4 3 (30.00%) XML
4 3 (30.00%) LDAP
4 3 (30.00%) JMS
4 3 (30.00%) Data Modelling
4 3 (30.00%) Finance
4 3 (30.00%) Stakeholder Management
4 3 (30.00%) Business Analysis
4 3 (30.00%) Data Architecture
4 3 (30.00%) IIBA
4 3 (30.00%) CBAP
4 3 (30.00%) Oracle Service Bus
5 2 (20.00%) Front Office
5 2 (20.00%) Back Office
6 1 (10.00%) Project Management
6 1 (10.00%) Sarbanes-Oxley
6 1 (10.00%) Systems Analysis

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

For the 6 months to 17 April 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 3 (30.00%) WebLogic
1 3 (30.00%) Oracle Service Bus
Communications & Networking
1 3 (30.00%) LDAP
General
1 7 (70.00%) Banking
1 7 (70.00%) Investment Banking
2 3 (30.00%) Finance
3 2 (20.00%) Front Office
3 2 (20.00%) Back Office
Job Titles
1 7 (70.00%) Business Analyst
1 7 (70.00%) Analyst
2 4 (40.00%) Investment Banking Business Analyst
3 3 (30.00%) Architect
3 3 (30.00%) Solutions Architect
4 2 (20.00%) Data Modeller
5 1 (10.00%) IT Business Analyst
5 1 (10.00%) Fixed Income Business Analyst
Libraries, Frameworks & Software Standards
1 3 (30.00%) J2EE
1 3 (30.00%) XML
1 3 (30.00%) JMS
1 3 (30.00%) Middleware
Miscellaneous
1 8 (80.00%) Derivative
2 7 (70.00%) Fixed Income
3 3 (30.00%) Foreign Exchange (FX)
4 1 (10.00%) DTCC
Processes & Methodologies
1 3 (30.00%) Data Modelling
1 3 (30.00%) Stakeholder Management
1 3 (30.00%) Business Analysis
1 3 (30.00%) Data Architecture
2 1 (10.00%) Project Planning
2 1 (10.00%) Electronic Trading
2 1 (10.00%) Systems Analysis
2 1 (10.00%) Project Management
Programming Languages
1 3 (30.00%) Java
1 3 (30.00%) SQL
Qualifications
1 4 (40.00%) ISEB
2 3 (30.00%) Degree
2 3 (30.00%) IIBA
2 3 (30.00%) CBAP
Quality Assurance & Compliance
1 1 (10.00%) Sarbanes-Oxley
1 1 (10.00%) QA
1 1 (10.00%) EMIR
1 1 (10.00%) Dodd-Frank
Vendors
1 3 (30.00%) Oracle
1 3 (30.00%) BEA
City, London
Aston Carter
Rate: £725 - £825 per day
Posted: Yesterday
City of London
Huxley Associates
Rate: £675 - £875 per annum
Posted: 2 days ago