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 17 April 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
17 Apr 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 181 208 200
Rank change year-on-year
+27 -8
Contract jobs citing FpML 9 3 6
As % of all contract IT jobs located in the City of London 0.17% 0.046% 0.095%
As % of the Libraries, Frameworks & Software Standards category 0.55% 0.16% 0.34%
Number of daily rates quoted 7 3 5
Average daily rate
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£625 £600 £550
Average daily rate % change year-on-year
+4.16% +9.09%
90% offered a daily rate of more than £540 £568 £400
10% offered a daily rate of more than £675 £600 £556
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
1633 1925 1769
As % of all contract IT jobs located in the City of London 30.03% 29.72% 28.03%
Number of daily rates quoted 1277 1439 1401
Average daily rate £425 £425 £413
Average daily rate % change year-on-year
- +3.03%
90% offered a daily rate of more than £315 £300 £300
10% offered a daily rate of more than £580 £600 £575
UK excluding London average daily rate £350 £330 £325
% change year-on-year
+6.06% +1.53%
Number of hourly rates quoted 9 3 17
Average hourly rate £27.37 £41.00 £135.00
Average hourly rate % change year-on-year
-33.24% -69.62%
UK excluding London average hourly rate £36.00 £35.00 £35.00
% change year-on-year
+2.85% -

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 17 April 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 17 April 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 14 (77.78%) XML
2 13 (72.22%) Banking
3 12 (66.67%) Investment Banking
4 11 (61.11%) Finance
5 9 (50.00%) SQL
5 9 (50.00%) Derivative
6 8 (44.44%) Front Office
7 7 (38.89%) Business Analysis
7 7 (38.89%) Greeks
8 6 (33.33%) Analytics
8 6 (33.33%) Credit Derivative
8 6 (33.33%) Java
8 6 (33.33%) Foreign Exchange (FX)
9 4 (22.22%) Murex
10 3 (16.67%) Fixed Income
10 3 (16.67%) EMIR
11 2 (11.11%) Data Governance
11 2 (11.11%) HP Quality Center
11 2 (11.11%) Dodd-Frank
11 2 (11.11%) JIRA
11 2 (11.11%) FIX Protocol
11 2 (11.11%) QA
11 2 (11.11%) Migration
11 2 (11.11%) Agile Software Development
11 2 (11.11%) PL/SQL
11 2 (11.11%) FIXML
11 2 (11.11%) Project Management
11 2 (11.11%) HP
11 2 (11.11%) Client/Server
11 2 (11.11%) Data Modelling

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

For the 6 months to 17 April 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 (5.56%) Spreadsheet
Database & Business Intelligence
1 1 (5.56%) SQL Server
Development Applications
1 2 (11.11%) JIRA
General
1 13 (72.22%) Banking
2 12 (66.67%) Investment Banking
3 11 (61.11%) Finance
4 8 (44.44%) Front Office
5 1 (5.56%) Back Office
Job Titles
1 14 (77.78%) Analyst
2 12 (66.67%) Business Analyst
3 3 (16.67%) Developer
3 3 (16.67%) IT Business Analyst
3 3 (16.67%) Architect
4 2 (11.11%) Banking Business Analyst
4 2 (11.11%) Risk Analyst
4 2 (11.11%) Test Analyst
4 2 (11.11%) Data Architect
5 1 (5.56%) Java Developer
5 1 (5.56%) Analyst Developer
5 1 (5.56%) SQL Developer
5 1 (5.56%) Business Developer
5 1 (5.56%) Murex Business Analyst
5 1 (5.56%) Murex Analyst
5 1 (5.56%) Investment Banking Business Analyst
Libraries, Frameworks & Software Standards
1 14 (77.78%) XML
2 2 (11.11%) FIXML
2 2 (11.11%) FIX Protocol
3 1 (5.56%) Murex MxML
3 1 (5.56%) XSLT
3 1 (5.56%) HTML
Miscellaneous
1 9 (50.00%) Derivative
2 6 (33.33%) Foreign Exchange (FX)
2 6 (33.33%) Credit Derivative
3 3 (16.67%) Fixed Income
4 2 (11.11%) Client/Server
5 1 (5.56%) Equities
5 1 (5.56%) Interest Rate Derivative
5 1 (5.56%) DTCC
5 1 (5.56%) Swaptions
5 1 (5.56%) Reference Data
5 1 (5.56%) SWIFT
Processes & Methodologies
1 7 (38.89%) Business Analysis
1 7 (38.89%) Greeks
2 6 (33.33%) Analytics
3 2 (11.11%) Data Governance
3 2 (11.11%) Migration
3 2 (11.11%) Agile Software Development
3 2 (11.11%) Data Modelling
3 2 (11.11%) Project Management
4 1 (5.56%) Regression Testing
4 1 (5.56%) GAP Analysis
4 1 (5.56%) Risk Management
4 1 (5.56%) User Acceptance Testing
4 1 (5.56%) Time Management
4 1 (5.56%) Data Migration
4 1 (5.56%) Data Architecture
4 1 (5.56%) Product Management
4 1 (5.56%) Waterfall
4 1 (5.56%) CRM
Programming Languages
1 9 (50.00%) SQL
2 6 (33.33%) Java
3 2 (11.11%) C
3 2 (11.11%) PL/SQL
4 1 (5.56%) C#
4 1 (5.56%) JavaScript
Qualifications
1 1 (5.56%) Degree
Quality Assurance & Compliance
1 3 (16.67%) EMIR
2 2 (11.11%) Dodd-Frank
2 2 (11.11%) ISO 9001
2 2 (11.11%) QA
Systems Management
1 2 (11.11%) HP Quality Center
Vendors
1 4 (22.22%) Murex
2 2 (11.11%) HP