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 27 May 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
27 May 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 354 368 357
Rank change year-on-year
+14 -11
Contract jobs citing FpML 36 35 31
As % of all contract IT jobs located in London 0.16% 0.15% 0.14%
As % of the Libraries, Frameworks & Software Standards category 0.52% 0.50% 0.49%
Number of daily rates quoted 30 12 20
Average daily rate
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£525 £625 £525
Average daily rate % change year-on-year
-16.00% +19.04%
90% offered a daily rate of more than £470 £600 £418
10% offered a daily rate of more than £675 £770 £650
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
6920 6988 6390
As % of all contract IT jobs located in London 30.60% 30.77% 29.51%
Number of daily rates quoted 4966 5120 4602
Average daily rate £425 £413 £400
Average daily rate % change year-on-year
+3.03% +3.12%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £575 £550 £575
UK excluding London average daily rate £350 £350 £325
% change year-on-year
- +7.69%
Number of hourly rates quoted 44 17 91
Average hourly rate £22.18 £40.00 £41.50
Average hourly rate % change year-on-year
-44.55% -3.61%
90% offered a hourly rate of more than £16.43 £30.00 £19.00
10% offered a hourly rate of more than £52.17 £175.00 £54.00
UK excluding London average hourly rate £37.80 £35.00 £35.00
% change year-on-year
+8.00% -

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 27 May 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 27 May 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 +5 10 £650 -10.34% 3
Canary Wharf - 1 £525 -
FpML
England

FpML
Top 30 Related IT Skills in London

For the 6 months to 27 May 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 38 (65.52%) XML
2 33 (56.90%) SQL
3 30 (51.72%) Derivative
4 29 (50.00%) Finance
5 22 (37.93%) Banking
6 21 (36.21%) Business Analysis
7 20 (34.48%) Front Office
7 20 (34.48%) Foreign Exchange (FX)
8 17 (29.31%) Investment Banking
9 15 (25.86%) Credit Derivative
10 13 (22.41%) Murex
11 12 (20.69%) Workflow
12 11 (18.97%) Interest Rate Derivative
12 11 (18.97%) Java
13 10 (17.24%) Oracle
13 10 (17.24%) .NET
13 10 (17.24%) Back Office
13 10 (17.24%) Tradeweb
14 9 (15.52%) JIRA
14 9 (15.52%) FIX Protocol
14 9 (15.52%) C#
14 9 (15.52%) Microsoft
14 9 (15.52%) Data Modelling
14 9 (15.52%) Middleware
15 8 (13.79%) IBM
15 8 (13.79%) GAP Analysis
15 8 (13.79%) Fixed Income
15 8 (13.79%) EMIR
15 8 (13.79%) SDLC
16 7 (12.07%) HP Quality Center

FpML
Top Related IT Skills in London by Category

For the 6 months to 27 May 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 (6.90%) MQSeries
1 4 (6.90%) WebSphere
2 2 (3.45%) Oracle Workflow
3 1 (1.72%) Confluence
3 1 (1.72%) SharePoint
Applications
1 3 (5.17%) MS Office
2 2 (3.45%) MS Excel
3 1 (1.72%) Spreadsheet
Communications & Networking
1 1 (1.72%) DSL
Database & Business Intelligence
1 6 (10.34%) Data Warehouse
2 4 (6.90%) SQL Server
3 2 (3.45%) MS Access
3 2 (3.45%) DTS
3 2 (3.45%) RDBMS
3 2 (3.45%) SQL Server 2008
3 2 (3.45%) Oracle Database
3 2 (3.45%) Relational Database
4 1 (1.72%) Data Mining
4 1 (1.72%) OLTP
Development Applications
1 9 (15.52%) JIRA
2 2 (3.45%) ERwin
3 1 (1.72%) QuickTest Pro
3 1 (1.72%) Selenium
General
1 29 (50.00%) Finance
2 22 (37.93%) Banking
3 20 (34.48%) Front Office
4 17 (29.31%) Investment Banking
5 10 (17.24%) Back Office
6 4 (6.90%) Legal
Job Titles
1 41 (70.69%) Analyst
2 31 (53.45%) Business Analyst
3 17 (29.31%) Developer
4 9 (15.52%) SQL Developer
5 7 (12.07%) Data Analyst
6 6 (10.34%) Analyst Developer
7 5 (8.62%) Technical Business Analyst
8 4 (6.90%) IT Business Analyst
8 4 (6.90%) C++ Developer
8 4 (6.90%) Architect
8 4 (6.90%) Technical Analyst
9 3 (5.17%) Investment Banking Business Analyst
9 3 (5.17%) Middleware Analyst
9 3 (5.17%) Business Data Analyst
9 3 (5.17%) Middleware Developer
9 3 (5.17%) Test Analyst
9 3 (5.17%) Data Architect
9 3 (5.17%) Java Developer
10 2 (3.45%) Senior Analyst
10 2 (3.45%) Senior Business Analyst
Libraries, Frameworks & Software Standards
1 38 (65.52%) XML
2 10 (17.24%) .NET
3 9 (15.52%) Middleware
3 9 (15.52%) FIX Protocol
4 5 (8.62%) XSLT
5 4 (6.90%) WebSphere MQ
5 4 (6.90%) Rendezvous
5 4 (6.90%) MFC
5 4 (6.90%) STL
5 4 (6.90%) WebSphere Message Broker
5 4 (6.90%) .NET Framework
6 3 (5.17%) FIXML
7 1 (1.72%) HTML
7 1 (1.72%) Web Services
7 1 (1.72%) SOAP
7 1 (1.72%) XML Schema
Miscellaneous
1 30 (51.72%) Derivative
2 20 (34.48%) Foreign Exchange (FX)
3 15 (25.86%) Credit Derivative
4 11 (18.97%) Interest Rate Derivative
5 8 (13.79%) Fixed Income
6 5 (8.62%) Reference Data
6 5 (8.62%) Analytical Skills
7 4 (6.90%) ASIC
8 3 (5.17%) Equities
8 3 (5.17%) Client/Server
9 2 (3.45%) SWIFT
9 2 (3.45%) Management Information System
9 2 (3.45%) Equity Derivative
10 1 (1.72%) DTCC
10 1 (1.72%) Swaptions
10 1 (1.72%) Credit Risk
10 1 (1.72%) Enterprise Software
Operating Systems
1 5 (8.62%) UNIX
2 4 (6.90%) Windows
2 4 (6.90%) Solaris
Processes & Methodologies
1 21 (36.21%) Business Analysis
2 12 (20.69%) Workflow
3 9 (15.52%) Data Modelling
4 8 (13.79%) GAP Analysis
4 8 (13.79%) SDLC
5 6 (10.34%) Analytics
5 6 (10.34%) Agile Software Development
6 5 (8.62%) Asset Management
6 5 (8.62%) RUP
6 5 (8.62%) Data Analysis
6 5 (8.62%) Multithreading
6 5 (8.62%) Greeks
7 4 (6.90%) Change Control
7 4 (6.90%) Fund Management
7 4 (6.90%) ETL
8 3 (5.17%) BPR
8 3 (5.17%) Project Management
8 3 (5.17%) UML
8 3 (5.17%) DSDM
8 3 (5.17%) SSADM
Programming Languages
1 33 (56.90%) SQL
2 11 (18.97%) Java
3 9 (15.52%) C#
4 6 (10.34%) PL/SQL
5 4 (6.90%) C++
5 4 (6.90%) VBA
6 2 (3.45%) Python
6 2 (3.45%) C
7 1 (1.72%) Scala
7 1 (1.72%) JavaScript
Qualifications
1 3 (5.17%) ISEB
2 2 (3.45%) Degree
Quality Assurance & Compliance
1 8 (13.79%) EMIR
2 6 (10.34%) Dodd-Frank
3 3 (5.17%) QA
4 2 (3.45%) ISO 9001
4 2 (3.45%) MiFID
Systems Management
1 7 (12.07%) HP Quality Center
Vendors
1 13 (22.41%) Murex
2 10 (17.24%) Oracle
2 10 (17.24%) Tradeweb
3 9 (15.52%) Microsoft
4 8 (13.79%) IBM
5 4 (6.90%) TIBCO
6 3 (5.17%) HP
7 2 (3.45%) Progress
8 1 (1.72%) Bloomberg
8 1 (1.72%) Calypso
City, London
TEKsystems
Posted: 14 hours ago