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This section looks at the demand for Financial Products Markup Language (FpML) skills within the London region with a comparison to our Application Development category. Included is a guide to the contractor rates offered in IT job ads that have cited FpML over the 3 months to 8 July 2008 with a comparison to the same period last year.

LinkFinancial Products Markup Language (FpML)
Location
3 months to 8 Jul 2008Same period last year
Rank326403
Rank change on same period last yearUp+77
Matching contract IT job ads7376
As % of all UK contract IT job ads sampled0.096 %0.079 %
As % of the category below0.875 %0.663 %
Daily rates quoted4743
Average minimum daily rate£543£495
Average daily rate£574£546
% change on same period last year+5.15 %
Average maximum daily rate£605£596
UK excluding London average daily rate£330£348
% change on same period last year-5.25 %
Hourly rates quoted00
Average minimum hourly rate--
Average hourly rate--
% change on same period last year-
Average maximum hourly rate--
UK excluding London average hourly rate--
% change on same period last year-
Application Development LondonApplication Development
London
Matching contract IT job ads834711458
As % of all UK contract IT job ads sampled11.00 %11.98 %
Daily rates quoted37034540
Average minimum daily rate£369£403
Average daily rate£398£432
% change on same period last year-7.85 %
Average maximum daily rate£427£461
UK excluding London average daily rate£350£336
% change on same period last year+4.10 %
Hourly rates quoted215390
Average minimum hourly rate£30.58£31.26
Average hourly rate£32.92£33.98
% change on same period last year-3.11 %
Average maximum hourly rate£35.27£36.71
UK excluding London average hourly rate£32.55£33.14
% change on same period last year-1.77 %
FpML EnglandFpML
England

We calculate average IT contractor rates directly from the figures quoted and do not attempt to derive hourly rates from daily rates or vice versa.

FpML
Demand Trend

The chart provides a 3-month moving total beginning in 2004 of IT contractor jobs citing FpML across the London region as a proportion of the total demand within the Application Development category.

London FpML Demand Trend

FpML
Daily Rate Trend

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

London FpML Daily Rate Trend

FpML
Daily Rate Histogram

The chart provides a histogram of daily rates quoted in contract IT jobs citing FpML across the London region over the 3 months to 8 July 2008.

London FpML Daily Rate Histogram

FpML
Contract Locations

This section looks at the demand and provides a guide to the average contractor rates quoted in IT job ads citing FpML within the London region over the 3 months to 8 July 2008. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year. A positive number indicates a relative increase in demand.

LocationRank Change
on Same Period
Last Last
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Docklands, LondonUp+4121£564-3.95 %
City of LondonDown-447£506-3.30 %
Canary WharfNew entry-5£578-
FpML EnglandFpML
England

FpML
Top 30 Related IT Skills

For the 6 months to 8 July 2008, 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.

194 (74.60 %)Derivative
264 (50.79 %)XML
356 (44.44 %)Back Office
450 (39.68 %)Calypso
540 (31.75 %)Banking
635 (27.78 %)Investment Banking
731 (24.60 %)Finance
731 (24.60 %)Java
829 (23.02 %)Foreign Exchange (FX)
928 (22.22 %)Interest Rate Derivative
1026 (20.63 %)SQL
1124 (19.05 %)C#
1124 (19.05 %)DTCC
1223 (18.25 %)Front Office
1223 (18.25 %)Credit Derivative
1223 (18.25 %)XSLT
1318 (14.29 %)Summit
1416 (12.70 %)SQL Server
1512 (9.524 %)Business Analysis
1512 (9.524 %)SQL Server Integration Services
1611 (8.730 %)Data Architecture
1611 (8.730 %)UML
1611 (8.730 %)BizTalk Server
1710 (7.937 %)Asset Management
1710 (7.937 %)Change Management
189 (7.143 %)Oracle
198 (6.349 %).NET
198 (6.349 %)Fixed Income
198 (6.349 %)XPath
207 (5.556 %)Risk Analysis

FpML
Top Related IT Skills by Category

For the 6 months to 8 July 2008, 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 Development
164 (50.79 %)XML
223 (18.25 %)XSLT
38 (6.349 %).NET
47 (5.556 %)XML Schema
55 (3.968 %)XML Messaging
64 (3.175 %)XSD
73 (2.381 %)WebSphere
82 (1.587 %)CORBA
82 (1.587 %)J2EE
82 (1.587 %)WinForms
82 (1.587 %)Hibernate
82 (1.587 %)Spring
91 (0.794 %)Apache Axis
91 (0.794 %)WBIMB
91 (0.794 %)FIX Protocol
91 (0.794 %)JMX
91 (0.794 %)Middleware
91 (0.794 %)WSDL
91 (0.794 %)SOAP
91 (0.794 %)XSL
Application Platforms
111 (8.730 %)BizTalk Server
24 (3.175 %)WebSphere MQ
24 (3.175 %)WebSphere Message Broker
33 (2.381 %)JBoss
41 (0.794 %)MQSI
41 (0.794 %)MS Exchange
41 (0.794 %)MQSeries
Applications
13 (2.381 %)MS Visio
Business Applications
118 (14.29 %)Summit
Communications & Networking
14 (3.175 %)HTTP
21 (0.794 %)SSL
Database & Business Intelligence
116 (12.70 %)SQL Server
212 (9.524 %)SQL Server Integration Services
36 (4.762 %)SQL Server 7
44 (3.175 %)Datawarehouse
44 (3.175 %)Reference Data
53 (2.381 %)TOAD
62 (1.587 %)RDBMS
71 (0.794 %)SQL Server 2005
Development Applications
14 (3.175 %)XMLSpy
23 (2.381 %)ERwin
23 (2.381 %)Eclipse
31 (0.794 %)Ant
31 (0.794 %)JUnit
General
156 (44.44 %)Back Office
240 (31.75 %)Banking
335 (27.78 %)Investment Banking
431 (24.60 %)Finance
523 (18.25 %)Front Office
61 (0.794 %)Financial Institution
Job Titles
188 (69.84 %)Analyst
261 (48.41 %)Business Analyst
333 (26.19 %)Investment Banking Business Analyst
430 (23.81 %)Developer
512 (9.524 %)C# Developer
611 (8.730 %)Architect
710 (7.937 %)Technical Analyst
89 (7.143 %)Analyst Developer
98 (6.349 %)Java Developer
98 (6.349 %)BizTalk Developer
106 (4.762 %)Data Architect
106 (4.762 %)Operations Analyst
106 (4.762 %)Data Analyst
115 (3.968 %)Calypso Developer
124 (3.175 %)Technical Architect
124 (3.175 %)Senior Analyst
133 (2.381 %)Data Modeller
133 (2.381 %)Banking Business Analyst
142 (1.587 %)Senior Business Analyst
142 (1.587 %)Oracle Developer
Miscellaneous
194 (74.60 %)Derivative
229 (23.02 %)Foreign Exchange (FX)
328 (22.22 %)Interest Rate Derivative
424 (19.05 %)DTCC
523 (18.25 %)Credit Derivative
610 (7.937 %)Asset Management
78 (6.349 %)Fixed Income
85 (3.968 %)W3C
94 (3.175 %)Fund Management
102 (1.587 %)Equity Derivative
102 (1.587 %)Market Risk
111 (0.794 %)Multithreading
Operating Systems
13 (2.381 %)Unix
Processes & Methodologies
112 (9.524 %)Business Analysis
211 (8.730 %)Data Architecture
211 (8.730 %)UML
310 (7.937 %)Change Management
47 (5.556 %)Risk Analysis
47 (5.556 %)Data Analysis
55 (3.968 %)Extreme Programming
55 (3.968 %)Data Mapping
55 (3.968 %)Investment Management
55 (3.968 %)OO
55 (3.968 %)E-Commerce
55 (3.968 %)Data Modelling
64 (3.175 %)Migration
73 (2.381 %)User Acceptance Testing
73 (2.381 %)Requirements Analysis
73 (2.381 %)Project Management
82 (1.587 %)Electronic Trading
82 (1.587 %)Workflow
91 (0.794 %)Agile Software Development
91 (0.794 %)Project Planning
Programming Languages
131 (24.60 %)Java
226 (20.63 %)SQL
324 (19.05 %)C#
48 (6.349 %)XPath
57 (5.556 %)PL/SQL
64 (3.175 %)C++
71 (0.794 %)Transact-SQL
71 (0.794 %)VBA
71 (0.794 %)Perl
Quality Assurance & Compliance
11 (0.794 %)QA
Vendors
150 (39.68 %)Calypso
29 (7.143 %)Oracle
36 (4.762 %)Murex
36 (4.762 %)TIBCO
44 (3.175 %)Sybase
44 (3.175 %)Perforce
52 (1.587 %)Thunderhead
61 (0.794 %)Sophis
61 (0.794 %)thinkFolio
61 (0.794 %)DataSynapse
61 (0.794 %)IBM
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