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 3 July 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
3 Jul 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 198 186 202
Rank change year-on-year
-12 +16
Contract jobs citing FpML 3 8 13
As % of all contract IT jobs located in the City of London 0.051% 0.14% 0.19%
As % of the Libraries, Frameworks & Software Standards category 0.17% 0.47% 0.64%
Number of daily rates quoted 2 8 12
Average daily rate
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£650 £638 £513
Average daily rate % change year-on-year
+1.96% +24.39%
90% offered a daily rate of more than £610 £538 £425
10% offered a daily rate of more than £690 £775 £648
UK excluding London average daily rate - £300 -
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
1718 1714 2036
As % of all contract IT jobs located in the City of London 29.44% 29.78% 29.35%
Number of daily rates quoted 1394 1303 1592
Average daily rate £440 £450 £413
Average daily rate % change year-on-year
-2.22% +9.09%
90% offered a daily rate of more than £325 £313 £285
10% offered a daily rate of more than £600 £600 £579
UK excluding London average daily rate £350 £350 £325
% change year-on-year
- +7.69%
Number of hourly rates quoted 11 4 27
Average hourly rate £24.23 £20.50 £41.50
Average hourly rate % change year-on-year
+18.19% -50.60%
90% offered a hourly rate of more than £19.72 £16.00 £27.59
10% offered a hourly rate of more than £187.50 £32.01 £52.50
UK excluding London average hourly rate £40.00 £33.55 £35.00
% change year-on-year
+19.22% -4.14%

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
Top 30 Related IT Skills in the City of London

For the 6 months to 3 July 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 11 (78.57%) XML
2 10 (71.43%) SQL
2 10 (71.43%) Banking
3 9 (64.29%) Investment Banking
3 9 (64.29%) Finance
4 6 (42.86%) Business Analysis
5 5 (35.71%) Foreign Exchange (FX)
5 5 (35.71%) Derivative
6 4 (28.57%) FIX Protocol
6 4 (28.57%) Front Office
6 4 (28.57%) Greeks
7 3 (21.43%) Analytics
7 3 (21.43%) Java
7 3 (21.43%) Data Modelling
7 3 (21.43%) Credit Derivative
8 2 (14.29%) Data Analysis
8 2 (14.29%) Back Office
8 2 (14.29%) Migration
8 2 (14.29%) QA
8 2 (14.29%) ISO 9001
8 2 (14.29%) C
8 2 (14.29%) PL/SQL
8 2 (14.29%) FIXML
8 2 (14.29%) Client/Server
8 2 (14.29%) Murex
8 2 (14.29%) HP
8 2 (14.29%) EMIR
8 2 (14.29%) Data Governance
8 2 (14.29%) JIRA
8 2 (14.29%) Data Architecture

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

For the 6 months to 3 July 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.

Applications
1 1 (7.14%) Spreadsheet
Database & Business Intelligence
1 1 (7.14%) SQL Server
1 1 (7.14%) Data Warehouse
1 1 (7.14%) OLTP
1 1 (7.14%) Relational Database
Development Applications
1 2 (14.29%) JIRA
2 1 (7.14%) Subversion
General
1 10 (71.43%) Banking
2 9 (64.29%) Investment Banking
2 9 (64.29%) Finance
3 4 (28.57%) Front Office
4 2 (14.29%) Back Office
Job Titles
1 9 (64.29%) Analyst
2 6 (42.86%) Business Analyst
3 4 (28.57%) Architect
4 3 (21.43%) Developer
4 3 (21.43%) Data Architect
5 2 (14.29%) Test Analyst
5 2 (14.29%) Risk Analyst
5 2 (14.29%) IT Business Analyst
6 1 (7.14%) Investment Banking Business Analyst
6 1 (7.14%) Systems Analyst
6 1 (7.14%) Data Analyst
6 1 (7.14%) Java Developer
6 1 (7.14%) Analyst Developer
6 1 (7.14%) Systems Developer
6 1 (7.14%) SQL Developer
Libraries, Frameworks & Software Standards
1 11 (78.57%) XML
2 4 (28.57%) FIX Protocol
3 2 (14.29%) FIXML
4 1 (7.14%) HTML
4 1 (7.14%) Web Services
4 1 (7.14%) XSD
4 1 (7.14%) XML Schema
4 1 (7.14%) Middleware
Miscellaneous
1 5 (35.71%) Derivative
1 5 (35.71%) Foreign Exchange (FX)
2 3 (21.43%) Credit Derivative
3 2 (14.29%) Client/Server
4 1 (7.14%) Interest Rate Derivative
4 1 (7.14%) DTCC
4 1 (7.14%) Swaptions
4 1 (7.14%) Credit Risk
4 1 (7.14%) Reference Data
4 1 (7.14%) SWIFT
4 1 (7.14%) Enterprise Software
Processes & Methodologies
1 6 (42.86%) Business Analysis
2 4 (28.57%) Greeks
3 3 (21.43%) Analytics
3 3 (21.43%) Data Modelling
4 2 (14.29%) Data Governance
4 2 (14.29%) Migration
4 2 (14.29%) Data Analysis
4 2 (14.29%) Data Architecture
5 1 (7.14%) Agile Software Development
5 1 (7.14%) Data Management
5 1 (7.14%) Product Management
5 1 (7.14%) Waterfall
5 1 (7.14%) Portfolio Management
5 1 (7.14%) Logical Data Model
5 1 (7.14%) Code Coverage
5 1 (7.14%) Project Management
5 1 (7.14%) Change Management
5 1 (7.14%) Regression Testing
5 1 (7.14%) GAP Analysis
5 1 (7.14%) UML
Programming Languages
1 10 (71.43%) SQL
2 3 (21.43%) Java
3 2 (14.29%) C
3 2 (14.29%) PL/SQL
4 1 (7.14%) C#
4 1 (7.14%) JavaScript
Qualifications
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 2 (14.29%) ISO 9001
1 2 (14.29%) QA
1 2 (14.29%) EMIR
2 1 (7.14%) Dodd-Frank
Systems Management
1 2 (14.29%) HP Quality Center
Vendors
1 2 (14.29%) Murex
1 2 (14.29%) HP
2 1 (7.14%) Oracle
2 1 (7.14%) Sybase
City of London
Real Staffing
Rate: £550 - £600 per day
Posted: 2 days ago