The first table below looks at the demand for FpML skills in IT contracts advertised for the England region. Included is a guide to the average contractor rates offered in IT contracts that have cited FpML over the 3 months to 24 May 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Application Development category for the England region.

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
24 May 2013
Same period 2012 Same period 2011
Financial Products Markup Language (FpML)
Rank 482 503 454
Rank change year-on-year
+21 -49
Contract jobs citing FpML 31 56 117
As % of all contract IT jobs located in England 0.075% 0.105% 0.208%
As % of the Application Development category 0.273% 0.402% 0.738%
Number of daily rates quoted 20 41 91
Average daily rate £525 £550 £525
Average daily rate % change year-on-year
-4.54% +4.76%
90% offered a daily rate of more than £418 £325 £450
10% offered a daily rate of more than £650 £600 £650
UK excluding London average daily rate - - £700
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Application Development
England
Contract IT job ads with a match in the
Application Development category
11342 13944 15844
As % of all contract IT jobs located in England 27.28% 26.14% 28.20%
Number of daily rates quoted 7269 8358 9412
Average daily rate £375 £360 £400
Average daily rate % change year-on-year
+4.16% -10.00%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £550 £550 £600
UK excluding London average daily rate £325 £325 £325
Number of hourly rates quoted 341 366 550
Average hourly rate £35.00 £33.00 £35.70
Average hourly rate % change year-on-year
+6.06% -7.56%
90% offered a hourly rate of more than £17.50 £15.00 £19.00
10% offered a hourly rate of more than £45.00 £42.00 £45.00
UK excluding London average hourly rate £35.00 £32.00 £36.50
% change year-on-year
+9.37% -12.32%
FpML
UK

FpML
Jobs Demand Trend

This chart provides a 3-month moving total of IT contractor jobs citing FpML across the England region as a proportion of the total demand within the Application Development category.

England FpML Jobs Demand Trend

FpML
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing FpML across the England region.

England FpML Daily Rate Trend

FpML
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FpML across the England region over the 3 months to 24 May 2013.

England FpML Daily Rate Histogram

FpML
Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FpML within the England region over the 3 months to 24 May 2013. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Click each for more statistics)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
London +13 31 £525 -4.54%
FpML
UK

FpML
Top 30 Related IT Skills

For the 6 months to 24 May 2013, IT contractor jobs across the England 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 37 (63.79%) Banking
2 36 (62.07%) Derivative
3 35 (60.34%) Finance
4 31 (53.45%) XML
5 28 (48.28%) Front Office
5 28 (48.28%) Investment Banking
6 22 (37.93%) Data Modelling
7 20 (34.48%) Foreign Exchange (FX)
8 19 (32.76%) UML
9 18 (31.03%) SQL
10 17 (29.31%) Basel III
10 17 (29.31%) Analytics
11 16 (27.59%) TDD
12 14 (24.14%) Risk Management
12 14 (24.14%) Credit Derivative
12 14 (24.14%) Credit Risk
12 14 (24.14%) Market Risk
12 14 (24.14%) Risk Analytics
13 10 (17.24%) Windows
13 10 (17.24%) User Acceptance Testing
14 9 (15.52%) Business Analysis
14 9 (15.52%) Fixed Income
15 8 (13.79%) Agile Software Development
15 8 (13.79%) Equities
16 7 (12.07%) Basel II
17 6 (10.34%) Back Office
18 5 (8.621%) Interest Rate Derivative
18 5 (8.621%) XSLT
18 5 (8.621%) Data Warehouse
18 5 (8.621%) Oracle

FpML
Top Related IT Skills by Category

For the 6 months to 24 May 2013, IT contractor jobs across the England 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 Development
1 31 (53.45%) XML
2 5 (8.621%) XSLT
2 5 (8.621%) STL
3 4 (6.897%) JMS
3 4 (6.897%) Spring
3 4 (6.897%) Hibernate
4 3 (5.172%) XML Messaging
4 3 (5.172%) ATL
4 3 (5.172%) FIXML
5 2 (3.448%) J2EE
5 2 (3.448%) XSL
5 2 (3.448%) iBATIS
5 2 (3.448%) WCF
5 2 (3.448%) WPF
6 1 (1.724%) Guice
6 1 (1.724%) JFace
6 1 (1.724%) JPA
6 1 (1.724%) FIX Protocol
6 1 (1.724%) Tapestry
6 1 (1.724%) SWT
Application Platforms
1 2 (3.448%) PowerExchange
1 2 (3.448%) Oracle Workflow
Applications
1 2 (3.448%) MS Visio
1 2 (3.448%) MS Excel
1 2 (3.448%) MS PowerPoint
Business Applications
1 2 (3.448%) Summit
2 1 (1.724%) Adaptiv
Communications & Networking
1 1 (1.724%) AMQP
1 1 (1.724%) DSL
1 1 (1.724%) HTTP
Database & Business Intelligence
1 5 (8.621%) Data Warehouse
2 3 (5.172%) SQL Server
2 3 (5.172%) Data Mining
3 2 (3.448%) Oracle 10g
3 2 (3.448%) PowerCenter
3 2 (3.448%) Oracle 8/8i
Development Applications
1 3 (5.172%) Rational Rose
2 2 (3.448%) JUnit
2 2 (3.448%) Visual Studio
2 2 (3.448%) jMock
2 2 (3.448%) Subversion
3 1 (1.724%) TestNG
General
1 37 (63.79%) Banking
2 35 (60.34%) Finance
3 28 (48.28%) Front Office
3 28 (48.28%) Investment Banking
4 6 (10.34%) Back Office
5 3 (5.172%) Financial Institution
6 1 (1.724%) Corporate Banking
Job Titles
1 40 (68.97%) Analyst
2 34 (58.62%) Business Analyst
3 14 (24.14%) Banking Business Analyst
3 14 (24.14%) Investment Banking Business Analyst
4 13 (22.41%) Developer
5 8 (13.79%) Risk Analyst
6 7 (12.07%) Systems Analyst
7 5 (8.621%) Business Systems Analyst
8 4 (6.897%) Java Developer
8 4 (6.897%) Technical Analyst
8 4 (6.897%) XML Developer
9 3 (5.172%) Technical Business Analyst
9 3 (5.172%) Senior Developer
9 3 (5.172%) Architect
10 2 (3.448%) Consultant
10 2 (3.448%) Informatica Consultant
10 2 (3.448%) Senior C++ Developer
10 2 (3.448%) SQL Developer
10 2 (3.448%) C++ Developer
10 2 (3.448%) Data Analyst
Miscellaneous
1 36 (62.07%) Derivative
2 20 (34.48%) Foreign Exchange (FX)
3 14 (24.14%) Credit Derivative
3 14 (24.14%) Credit Risk
3 14 (24.14%) Market Risk
4 9 (15.52%) Fixed Income
5 8 (13.79%) Equities
6 5 (8.621%) Interest Rate Derivative
7 4 (6.897%) SWIFT
8 3 (5.172%) Management Information System
8 3 (5.172%) DTCC
9 2 (3.448%) Reference Data
10 1 (1.724%) Inversion of Control
10 1 (1.724%) Data Integration
10 1 (1.724%) Swaptions
Operating Systems
1 10 (17.24%) Windows
2 1 (1.724%) UNIX
2 1 (1.724%) Solaris
2 1 (1.724%) Linux
Processes & Methodologies
1 22 (37.93%) Data Modelling
2 19 (32.76%) UML
3 17 (29.31%) Analytics
4 16 (27.59%) TDD
5 14 (24.14%) Risk Management
5 14 (24.14%) Risk Analytics
6 10 (17.24%) User Acceptance Testing
7 9 (15.52%) Business Analysis
8 8 (13.79%) Agile Software Development
9 4 (6.897%) Workflow
9 4 (6.897%) System Testing
10 3 (5.172%) Data Analytics
10 3 (5.172%) Test Scripting
10 3 (5.172%) Multithreading
10 3 (5.172%) Data Management
10 3 (5.172%) Migration
10 3 (5.172%) GAP Analysis
10 3 (5.172%) OOP
11 2 (3.448%) ETL
11 2 (3.448%) Configuration Management
Programming Languages
1 18 (31.03%) SQL
2 5 (8.621%) C#
2 5 (8.621%) Java
3 4 (6.897%) C++
4 3 (5.172%) VBA
5 2 (3.448%) C
5 2 (3.448%) VC++
6 1 (1.724%) Bash shell
Qualifications
1 1 (1.724%) Degree
1 1 (1.724%) ISEB
Quality Assurance & Compliance
1 17 (29.31%) Basel III
2 7 (12.07%) Basel II
3 2 (3.448%) ISO 9001
4 1 (1.724%) MiFID
Systems Management
1 2 (3.448%) Control-M
2 1 (1.724%) HP Quality Center
Vendors
1 5 (8.621%) Oracle
2 3 (5.172%) Microsoft
3 2 (3.448%) Informatica
3 2 (3.448%) Tradeweb
4 1 (1.724%) Atlassian
4 1 (1.724%) Sybase
4 1 (1.724%) TIBCO
4 1 (1.724%) SunGard
4 1 (1.724%) CA
City, London
Strong data modelling. - Experience creating sample messages is required. - Excellent derivatives knowledge and experience, preferably FX, commodities and equities. - Extensive UAT testing experience. Communication skills are key for...
Aston Carter
Rate: £400 - £450 per annum
Posted: 20 May 2013