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 30 August 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
30 Aug 2016
Same period 2015 Same period 2014
Financial Products Markup Language (FpML)
Rank 173 194 195
Rank change year-on-year
+21 +1
Contract jobs citing FpML 2 8 13
As % of all contract IT jobs located in the City of London 0.057% 0.15% 0.22%
As % of the Libraries, Frameworks & Software Standards category 0.16% 0.50% 0.75%
Number of daily rates quoted 0 7 11
Median daily rate - £450 £550
Median daily rate % change year-on-year
- -18.18%
UK excluding London median daily rate £350 £525 £300
% change year-on-year
-33.33% +75.00%
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
1240 1611 1738
As % of all contract IT jobs located in the City of London 35.38% 30.39% 29.89%
Number of daily rates quoted 1048 1325 1283
Median daily rate £450 £450 £425
Median daily rate % change year-on-year
- +5.88%
90% offered a daily rate of more than £350 £325 £310
10% offered a daily rate of more than £575 £615 £600
UK excluding London median daily rate £375 £368 £350
% change year-on-year
+2.04% +5.00%
Number of hourly rates quoted 4 8 12
Median hourly rate £54.25 £62.50 £45.00
Median hourly rate % change year-on-year
-13.20% +38.88%
UK excluding London median hourly rate £40.00 £38.89 £35.00
% change year-on-year
+2.86% +11.10%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 30 August 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 5 (100.00%) XML
2 3 (60.00%) ETL
2 3 (60.00%) SQL
2 3 (60.00%) Back Office
2 3 (60.00%) Agile Software Development
2 3 (60.00%) Banking
2 3 (60.00%) Investment Banking
3 2 (40.00%) Software Engineering
3 2 (40.00%) Business Analysis
3 2 (40.00%) Java
3 2 (40.00%) Derivative
3 2 (40.00%) WebSphere
3 2 (40.00%) TIBCO EMS
3 2 (40.00%) JIRA
3 2 (40.00%) Unit Testing
3 2 (40.00%) ASP.NET MVC
3 2 (40.00%) QA
3 2 (40.00%) Relational Database
3 2 (40.00%) MVC
3 2 (40.00%) Finance
3 2 (40.00%) WebSphere MQ
3 2 (40.00%) TIBCO
3 2 (40.00%) Middleware
3 2 (40.00%) .NET
3 2 (40.00%) J2EE
3 2 (40.00%) SQL Server
3 2 (40.00%) WebSphere Application Server
3 2 (40.00%) ASP.NET
3 2 (40.00%) EJB
3 2 (40.00%) JDBC

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 (40.00%) WebSphere
1 2 (40.00%) WebSphere Application Server
2 1 (20.00%) Confluence
Applications
1 1 (20.00%) MS PowerPoint
Business Applications
1 1 (20.00%) Summit
Database & Business Intelligence
1 2 (40.00%) Relational Database
1 2 (40.00%) SQL Server
2 1 (20.00%) QlikView
Development Applications
1 2 (40.00%) JIRA
2 1 (20.00%) ERwin
General
1 3 (60.00%) Back Office
1 3 (60.00%) Banking
1 3 (60.00%) Investment Banking
2 2 (40.00%) Finance
3 1 (20.00%) Legal
Job Titles
1 2 (40.00%) Analyst
1 2 (40.00%) Business Analyst
1 2 (40.00%) Developer
1 2 (40.00%) Developer/Software Engineer
1 2 (40.00%) Investment Banking Java Developer
1 2 (40.00%) Java Developer
1 2 (40.00%) Java Engineer
1 2 (40.00%) Java Programmer
1 2 (40.00%) Java Software Developer
1 2 (40.00%) Java Software Engineer
1 2 (40.00%) Programmer
1 2 (40.00%) Software Engineer
1 2 (40.00%) Software Programmer
2 1 (20.00%) Architect
2 1 (20.00%) Banking Analyst
2 1 (20.00%) Banking Business Analyst
2 1 (20.00%) Calypso Business Analyst
2 1 (20.00%) Data Architect
2 1 (20.00%) Derivatives Business Analyst
2 1 (20.00%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 5 (100.00%) XML
2 2 (40.00%) .NET
2 2 (40.00%) ASP.NET
2 2 (40.00%) ASP.NET MVC
2 2 (40.00%) EJB
2 2 (40.00%) J2EE
2 2 (40.00%) JDBC
2 2 (40.00%) JMS
2 2 (40.00%) JSP
2 2 (40.00%) Middleware
2 2 (40.00%) ODBC
2 2 (40.00%) Servlets
2 2 (40.00%) TIBCO EMS
2 2 (40.00%) WebSphere MQ
Miscellaneous
1 2 (40.00%) Derivative
2 1 (20.00%) Equities
2 1 (20.00%) Foreign Exchange (FX)
2 1 (20.00%) OTC Derivatives
Processes & Methodologies
1 3 (60.00%) Agile Software Development
1 3 (60.00%) ETL
2 2 (40.00%) Business Analysis
2 2 (40.00%) MVC
2 2 (40.00%) Software Engineering
2 2 (40.00%) Unit Testing
3 1 (20.00%) Asset Management
3 1 (20.00%) Data Analysis
3 1 (20.00%) Data Lineage
3 1 (20.00%) Data Management
3 1 (20.00%) Data Modelling
3 1 (20.00%) GAP Analysis
3 1 (20.00%) UML
Programming Languages
1 3 (60.00%) SQL
2 2 (40.00%) Java
Quality Assurance & Compliance
1 2 (40.00%) QA
2 1 (20.00%) Data Quality
2 1 (20.00%) Dodd-Frank
2 1 (20.00%) Solvency II
Vendors
1 2 (40.00%) IBM
1 2 (40.00%) Sun
1 2 (40.00%) TIBCO
2 1 (20.00%) Calypso
2 1 (20.00%) Murex