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 9 December 2016 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
9 Dec 2016
Same period 2015 Same period 2014
Financial Products Markup Language (FpML)
Rank 156 153 187
Rank change year-on-year
-3 +34
Contract jobs citing FpML 9 6 18
As % of all contract IT jobs located in the City of London 0.28% 0.17% 0.31%
As % of the Libraries, Frameworks & Software Standards category 0.76% 0.54% 1.06%
Number of daily rates quoted 8 6 15
Median daily rate £700 £538 £550
Median daily rate % change year-on-year
+30.23% -2.27%
UK excluding London median daily rate - - £400
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
1187 1105 1706
As % of all contract IT jobs located in the City of London 37.50% 32.11% 29.75%
Number of daily rates quoted 1010 927 1360
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 £350 £325 £300
10% offered a daily rate of more than £615 £600 £600
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 0 5 5
Median hourly rate - £26.32 £30.00
Median hourly rate % change year-on-year
- -12.26%
UK excluding London median hourly rate £40.00 £37.50 £35.00
% change year-on-year
+6.66% +7.14%

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 9 December 2016.

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 9 December 2016, 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 8 (72.73%) Finance
2 7 (63.64%) Banking
2 7 (63.64%) Investment Banking
3 6 (54.55%) XML
3 6 (54.55%) Business Analysis
3 6 (54.55%) MiFID
3 6 (54.55%) FIX Protocol
4 5 (45.45%) Agile Software Development
4 5 (45.45%) Fixed Income
4 5 (45.45%) Front Office
5 4 (36.36%) Fidessa
5 4 (36.36%) Foreign Exchange (FX)
5 4 (36.36%) Bloomberg
5 4 (36.36%) SQL Server
5 4 (36.36%) QA
6 3 (27.27%) Equities
6 3 (27.27%) Windows
6 3 (27.27%) Linux
6 3 (27.27%) Project Management
6 3 (27.27%) Reference Data
6 3 (27.27%) Analytical Skills
7 2 (18.18%) Relational Database
7 2 (18.18%) FIXML
7 2 (18.18%) WebSphere MQ
7 2 (18.18%) TIBCO
7 2 (18.18%) Middleware
7 2 (18.18%) Back Office
7 2 (18.18%) MVC
7 2 (18.18%) JMS
7 2 (18.18%) Data Modelling

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 (18.18%) WebSphere
1 2 (18.18%) WebSphere Application Server
Database & Business Intelligence
1 4 (36.36%) SQL Server
2 2 (18.18%) Hadoop
2 2 (18.18%) Relational Database
General
1 8 (72.73%) Finance
2 7 (63.64%) Banking
2 7 (63.64%) Investment Banking
3 5 (45.45%) Front Office
4 2 (18.18%) Back Office
Job Titles
1 7 (63.64%) Analyst
1 7 (63.64%) Business Analyst
2 5 (45.45%) MiFID Business Analyst
3 3 (27.27%) Front Office Business Analyst
3 3 (27.27%) Technical Analyst
3 3 (27.27%) Technical Business Analyst
4 2 (18.18%) Architect
4 2 (18.18%) Banking Analyst
4 2 (18.18%) Business IT Analyst
4 2 (18.18%) Data Architect
4 2 (18.18%) Developer
4 2 (18.18%) IT Business Analyst
4 2 (18.18%) Java Developer
4 2 (18.18%) Java Engineer
4 2 (18.18%) Java Programmer
4 2 (18.18%) Java Software Developer
4 2 (18.18%) Java Software Engineer
4 2 (18.18%) Programmer
4 2 (18.18%) Software Engineer
4 2 (18.18%) Software Programmer
Libraries, Frameworks & Software Standards
1 6 (54.55%) FIX Protocol
1 6 (54.55%) XML
2 2 (18.18%) .NET
2 2 (18.18%) ASP.NET
2 2 (18.18%) ASP.NET MVC
2 2 (18.18%) EJB
2 2 (18.18%) FIXML
2 2 (18.18%) J2EE
2 2 (18.18%) JDBC
2 2 (18.18%) JMS
2 2 (18.18%) JSP
2 2 (18.18%) Middleware
2 2 (18.18%) ODBC
2 2 (18.18%) Servlets
2 2 (18.18%) TIBCO EMS
2 2 (18.18%) WebSphere MQ
2 2 (18.18%) XSD
2 2 (18.18%) XSLT
Miscellaneous
1 5 (45.45%) Fixed Income
2 4 (36.36%) Foreign Exchange (FX)
3 3 (27.27%) Analytical Skills
3 3 (27.27%) Equities
3 3 (27.27%) Reference Data
4 2 (18.18%) Derivative
4 2 (18.18%) Taxonomies
Operating Systems
1 3 (27.27%) Linux
1 3 (27.27%) Windows
Processes & Methodologies
1 6 (54.55%) Business Analysis
2 5 (45.45%) Agile Software Development
3 3 (27.27%) Project Management
4 2 (18.18%) Data Modelling
4 2 (18.18%) ETL
4 2 (18.18%) GAP Analysis
4 2 (18.18%) MVC
4 2 (18.18%) Software Engineering
4 2 (18.18%) Unit Testing
4 2 (18.18%) Use Case
5 1 (9.09%) KYC
5 1 (9.09%) Quantitative Finance
5 1 (9.09%) Risk Management
5 1 (9.09%) SDLC
5 1 (9.09%) Test Strategy
Programming Languages
1 2 (18.18%) Java
1 2 (18.18%) SQL
Qualifications
1 1 (9.09%) CFA
Quality Assurance & Compliance
1 6 (54.55%) MiFID
2 4 (36.36%) QA
Vendors
1 4 (36.36%) Bloomberg
1 4 (36.36%) Fidessa
2 2 (18.18%) IBM
2 2 (18.18%) Sun
2 2 (18.18%) TIBCO