The table below looks at the statistics for FpML skills in IT contracts advertised for the London region. Included is a guide to the average contractor rates offered in IT contracts that have cited FpML over the 3 months to 24 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
24 Apr 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 378 371 366
Rank change year-on-year
-7 -5
Contract jobs citing FpML 30 42 32
As % of all contract IT jobs located in London 0.13% 0.18% 0.15%
As % of the Libraries, Frameworks & Software Standards category 0.45% 0.59% 0.50%
Number of daily rates quoted 27 15 14
Average daily rate
Keep up to 90%
of your Daily Rate
Get a Free Illustration
£525 £600 £550
Average daily rate % change year-on-year
-12.50% +9.09%
90% offered a daily rate of more than £500 £539 £458
10% offered a daily rate of more than £645 £755 £596
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
FpML
England

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 London region.

Libraries, Frameworks & Software Standards Category
London
Contract IT job ads with a match in the
Libraries, Frameworks & Software Standards category
6741 7064 6406
As % of all contract IT jobs located in London 30.27% 29.88% 29.13%
Number of daily rates quoted 4792 5094 4662
Average daily rate £425 £400 £401
Average daily rate % change year-on-year
+6.25% -0.12%
90% offered a daily rate of more than £305 £300 £288
10% offered a daily rate of more than £575 £550 £575
UK excluding London average daily rate £350 £338 £325
% change year-on-year
+3.70% +3.84%
Number of hourly rates quoted 32 32 66
Average hourly rate £22.18 £43.00 £40.00
Average hourly rate % change year-on-year
-48.41% +7.50%
90% offered a hourly rate of more than £19.00 £30.00 £19.00
10% offered a hourly rate of more than £55.00 £175.00 £54.00
UK excluding London average hourly rate £36.25 £35.00 £35.00
% change year-on-year
+3.57% -

FpML
Jobs Demand Trend in London

This chart provides a 3-month moving total of IT contractor jobs citing FpML across the London region as a proportion of the total demand within the Libraries, Frameworks & Software Standards category.

FpML Jobs Demand Trend in London

FpML
Daily Rate Trend in London

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

FpML Daily Rate Trend in London

FpML
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing FpML across the London region over the 3 months to 24 April 2015.

FpML Daily Rate Histogram in London

FpML
Contract Job Locations in London

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FpML within the London region over the 3 months to 24 April 2015. 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
(Use links below to see detailed
statistics and historical trends)
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
Live
Job
Vacancies
City of London +21 9 £625 -5.66% 3
Canary Wharf - 1 £525 -
FpML
England

FpML
Top 30 Related IT Skills in London

For the 6 months to 24 April 2015, IT contractor jobs across the 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 39 (72.22%) XML
2 35 (64.81%) Derivative
3 30 (55.56%) Finance
4 26 (48.15%) SQL
5 24 (44.44%) Front Office
5 24 (44.44%) Banking
6 21 (38.89%) Business Analysis
6 21 (38.89%) Foreign Exchange (FX)
7 18 (33.33%) Investment Banking
8 16 (29.63%) Credit Derivative
9 13 (24.07%) Murex
10 12 (22.22%) Java
10 12 (22.22%) Workflow
11 11 (20.37%) Back Office
11 11 (20.37%) Interest Rate Derivative
12 10 (18.52%) Tradeweb
13 9 (16.67%) EMIR
13 9 (16.67%) Fixed Income
13 9 (16.67%) .NET
13 9 (16.67%) Microsoft
14 8 (14.81%) IBM
14 8 (14.81%) C#
14 8 (14.81%) JIRA
15 7 (12.96%) FIX Protocol
15 7 (12.96%) Oracle
16 6 (11.11%) XSLT
16 6 (11.11%) UNIX
16 6 (11.11%) Middleware
16 6 (11.11%) Agile Software Development
16 6 (11.11%) Analytics

FpML
Top Related IT Skills in London by Category

For the 6 months to 24 April 2015, IT contractor jobs across the 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 4 (7.41%) MQSeries
1 4 (7.41%) WebSphere
2 2 (3.70%) WebLogic
2 2 (3.70%) Oracle Workflow
3 1 (1.85%) Confluence
3 1 (1.85%) JBoss
3 1 (1.85%) SharePoint
Applications
1 3 (5.56%) MS Office
2 2 (3.70%) MS Excel
Business Applications
1 1 (1.85%) TIBCO iProcess
1 1 (1.85%) BusinessWorks
Database & Business Intelligence
1 3 (5.56%) SQL Server
2 2 (3.70%) RDBMS
2 2 (3.70%) DTS
2 2 (3.70%) MS Access
2 2 (3.70%) SQL Server 2008
2 2 (3.70%) Oracle Database
2 2 (3.70%) Relational Database
3 1 (1.85%) DB2 UDB
3 1 (1.85%) DB2
Development Applications
1 8 (14.81%) JIRA
2 1 (1.85%) Subversion
2 1 (1.85%) Selenium
2 1 (1.85%) QuickTest Pro
General
1 30 (55.56%) Finance
2 24 (44.44%) Front Office
2 24 (44.44%) Banking
3 18 (33.33%) Investment Banking
4 11 (20.37%) Back Office
5 3 (5.56%) Legal
6 1 (1.85%) Retail
Job Titles
1 36 (66.67%) Analyst
2 29 (53.70%) Business Analyst
3 14 (25.93%) Developer
4 5 (9.26%) SQL Developer
4 5 (9.26%) Architect
5 4 (7.41%) IT Business Analyst
5 4 (7.41%) C++ Developer
6 3 (5.56%) Middleware Analyst
6 3 (5.56%) Middleware Developer
6 3 (5.56%) Analyst Developer
6 3 (5.56%) Test Analyst
7 2 (3.70%) Data Architect
7 2 (3.70%) RAD Developer
7 2 (3.70%) Investment Banking Business Analyst
7 2 (3.70%) Excel Developer
7 2 (3.70%) Banking Business Analyst
7 2 (3.70%) Excel VBA Developer
7 2 (3.70%) Technical Business Analyst
7 2 (3.70%) Access Developer
7 2 (3.70%) Risk Analyst
Libraries, Frameworks & Software Standards
1 39 (72.22%) XML
2 9 (16.67%) .NET
3 7 (12.96%) FIX Protocol
4 6 (11.11%) XSLT
4 6 (11.11%) Middleware
5 4 (7.41%) FIXML
5 4 (7.41%) Rendezvous
5 4 (7.41%) WebSphere MQ
5 4 (7.41%) STL
5 4 (7.41%) MFC
5 4 (7.41%) WebSphere Message Broker
5 4 (7.41%) .NET Framework
6 1 (1.85%) XML Messaging
6 1 (1.85%) TIBCO EMS
6 1 (1.85%) HTML
6 1 (1.85%) SOAP
6 1 (1.85%) J2EE
Miscellaneous
1 35 (64.81%) Derivative
2 21 (38.89%) Foreign Exchange (FX)
3 16 (29.63%) Credit Derivative
4 11 (20.37%) Interest Rate Derivative
5 9 (16.67%) Fixed Income
6 6 (11.11%) Analytical Skills
7 5 (9.26%) Equities
8 3 (5.56%) Reference Data
8 3 (5.56%) Client/Server
9 2 (3.70%) Management Information System
9 2 (3.70%) ASIC
9 2 (3.70%) Equity Derivative
9 2 (3.70%) SWIFT
10 1 (1.85%) DTCC
10 1 (1.85%) Swaptions
Operating Systems
1 6 (11.11%) UNIX
2 4 (7.41%) Windows
2 4 (7.41%) Solaris
3 1 (1.85%) Linux
Processes & Methodologies
1 21 (38.89%) Business Analysis
2 12 (22.22%) Workflow
3 6 (11.11%) Agile Software Development
3 6 (11.11%) Analytics
3 6 (11.11%) Greeks
4 5 (9.26%) Multithreading
5 4 (7.41%) Project Management
5 4 (7.41%) RUP
5 4 (7.41%) Change Control
6 3 (5.56%) Migration
6 3 (5.56%) Asset Management
6 3 (5.56%) Project Planning
6 3 (5.56%) User Acceptance Testing
6 3 (5.56%) Test Scripting
6 3 (5.56%) GAP Analysis
7 2 (3.70%) BPR
7 2 (3.70%) Data Modelling
7 2 (3.70%) DSDM
7 2 (3.70%) PRINCE2
7 2 (3.70%) RAD
Programming Languages
1 26 (48.15%) SQL
2 12 (22.22%) Java
3 8 (14.81%) C#
4 4 (7.41%) C++
4 4 (7.41%) VBA
5 2 (3.70%) C
5 2 (3.70%) PL/SQL
5 2 (3.70%) Python
6 1 (1.85%) Scala
6 1 (1.85%) JavaScript
6 1 (1.85%) Perl
Qualifications
1 2 (3.70%) ISEB
1 2 (3.70%) Degree
Quality Assurance & Compliance
1 9 (16.67%) EMIR
2 5 (9.26%) Dodd-Frank
3 4 (7.41%) QA
4 2 (3.70%) ISO 9001
Systems Management
1 6 (11.11%) HP Quality Center
Vendors
1 13 (24.07%) Murex
2 10 (18.52%) Tradeweb
3 9 (16.67%) Microsoft
4 8 (14.81%) IBM
5 7 (12.96%) Oracle
6 5 (9.26%) TIBCO
7 3 (5.56%) Calypso
7 3 (5.56%) HP
8 2 (3.70%) Progress
9 1 (1.85%) Bloomberg
City, London
Red10
Rate: From £450 to £480 per day
Posted: Yesterday
London
Streamline Connections
Rate: £600 - £650 per day
Posted: 2 days ago