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 March 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 Mar 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 179 192 194
Rank change year-on-year
+13 +2
Contract jobs citing FpML 6 3 8
As % of all contract IT jobs located in the City of London 0.12% 0.051% 0.14%
As % of the Libraries, Frameworks & Software Standards category 0.38% 0.17% 0.49%
Number of daily rates quoted 6 2 6
Average daily rate
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£538 £600 £513
Average daily rate % change year-on-year
-10.41% +17.07%
90% offered a daily rate of more than £350 £600 £413
10% offered a daily rate of more than £580 £600 £555
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
1582 1729 1632
As % of all contract IT jobs located in the City of London 30.89% 29.46% 28.16%
Number of daily rates quoted 1271 1262 1298
Average daily rate £425 £425 £425
90% offered a daily rate of more than £313 £300 £301
10% offered a daily rate of more than £575 £600 £575
UK excluding London average daily rate £350 £325 £325
% change year-on-year
+7.69% -
Number of hourly rates quoted 5 12 19
Average hourly rate £27.37 £41.00 £37.40
Average hourly rate % change year-on-year
-33.24% +9.62%
UK excluding London average hourly rate £35.00 £33.00 £35.00
% change year-on-year
+6.06% -5.71%

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 3 March 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 3 March 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 18 (75.00%) XML
2 14 (58.33%) Banking
3 13 (54.17%) Finance
4 12 (50.00%) SQL
5 11 (45.83%) Investment Banking
6 9 (37.50%) Derivative
6 9 (37.50%) Murex
7 8 (33.33%) Front Office
7 8 (33.33%) Foreign Exchange (FX)
7 8 (33.33%) Fixed Income
8 7 (29.17%) Business Analysis
8 7 (29.17%) JIRA
8 7 (29.17%) Analytics
9 6 (25.00%) HP Quality Center
9 6 (25.00%) HP
9 6 (25.00%) FIXML
10 4 (16.67%) Regression Testing
10 4 (16.67%) Java
10 4 (16.67%) Credit Derivative
10 4 (16.67%) Agile Software Development
10 4 (16.67%) Greeks
10 4 (16.67%) EMIR
11 3 (12.50%) Analytical Skills
11 3 (12.50%) Summit
11 3 (12.50%) Software Testing
11 3 (12.50%) User Acceptance Testing
11 3 (12.50%) Client/Server
11 3 (12.50%) Project Management
11 3 (12.50%) ISEB
12 2 (8.33%) GAP Analysis

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

For the 6 months to 3 March 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.

Application Platforms
1 1 (4.17%) MQSeries
Applications
1 1 (4.17%) MS Excel
1 1 (4.17%) Spreadsheet
Business Applications
1 3 (12.50%) Summit
2 1 (4.17%) BusinessWorks
Database & Business Intelligence
1 1 (4.17%) Data Warehouse
1 1 (4.17%) Data Mining
Development Applications
1 7 (29.17%) JIRA
2 1 (4.17%) Subversion
General
1 14 (58.33%) Banking
2 13 (54.17%) Finance
3 11 (45.83%) Investment Banking
4 8 (33.33%) Front Office
5 1 (4.17%) General Ledger
5 1 (4.17%) Legal
Job Titles
1 20 (83.33%) Analyst
2 14 (58.33%) Business Analyst
3 6 (25.00%) Test Analyst
4 4 (16.67%) IT Business Analyst
5 2 (8.33%) Developer
5 2 (8.33%) Banking Business Analyst
6 1 (4.17%) FX Test Analyst
6 1 (4.17%) Architect
6 1 (4.17%) Murex Analyst
6 1 (4.17%) Business Developer
6 1 (4.17%) Consultant
6 1 (4.17%) Technical Consultant
6 1 (4.17%) Java Developer
6 1 (4.17%) Analyst Developer
6 1 (4.17%) Risk Analyst
6 1 (4.17%) Murex Business Analyst
Libraries, Frameworks & Software Standards
1 18 (75.00%) XML
2 6 (25.00%) FIXML
3 2 (8.33%) Murex MxML
4 1 (4.17%) MXML
4 1 (4.17%) Hibernate
4 1 (4.17%) Spring
4 1 (4.17%) FIX Protocol
4 1 (4.17%) XSLT
4 1 (4.17%) JMS
4 1 (4.17%) Middleware
Miscellaneous
1 9 (37.50%) Derivative
2 8 (33.33%) Foreign Exchange (FX)
2 8 (33.33%) Fixed Income
3 4 (16.67%) Credit Derivative
4 3 (12.50%) Client/Server
4 3 (12.50%) Analytical Skills
5 1 (4.17%) Equities
5 1 (4.17%) Mainframe
5 1 (4.17%) Interest Rate Derivative
5 1 (4.17%) DTCC
5 1 (4.17%) Swaptions
5 1 (4.17%) SWIFT
Operating Systems
1 1 (4.17%) UNIX
1 1 (4.17%) Linux
Processes & Methodologies
1 7 (29.17%) Business Analysis
1 7 (29.17%) Analytics
2 4 (16.67%) Greeks
2 4 (16.67%) Agile Software Development
2 4 (16.67%) Regression Testing
3 3 (12.50%) Software Testing
3 3 (12.50%) User Acceptance Testing
3 3 (12.50%) Project Management
4 2 (8.33%) GAP Analysis
5 1 (4.17%) Risk Management
5 1 (4.17%) Workflow
5 1 (4.17%) Migration
5 1 (4.17%) Scrum
5 1 (4.17%) Enterprise Data Management
5 1 (4.17%) TDD
5 1 (4.17%) Data Management
5 1 (4.17%) Rapid Prototyping
5 1 (4.17%) Waterfall
5 1 (4.17%) Test Strategy
5 1 (4.17%) Performance Tuning
Programming Languages
1 12 (50.00%) SQL
2 4 (16.67%) Java
3 2 (8.33%) C
4 1 (4.17%) PL/SQL
Qualifications
1 3 (12.50%) ISEB
Quality Assurance & Compliance
1 4 (16.67%) EMIR
2 2 (8.33%) Dodd-Frank
2 2 (8.33%) ISO 9001
3 1 (4.17%) QA
Systems Management
1 6 (25.00%) HP Quality Center
Vendors
1 9 (37.50%) Murex
2 6 (25.00%) HP
3 1 (4.17%) TIBCO
3 1 (4.17%) Sybase
City, London
McGregor Boyall
Rate: £50000 - £60000 per annum + depending on experience
Posted: 5 days ago