The table below looks at the statistics for FpML skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited FpML over the 3 months to 27 February 2017 with a comparison to the same period over 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.

3 months to
27 Feb 2017
Same period 2016 Same period 2015
Financial Products Markup Language (FpML)
UK
Rank 574 600 601
Rank change year-on-year
+26 +1
Contract jobs citing FpML 27 36 22
As % of all contract IT jobs located in the UK 0.059% 0.070% 0.042%
As % of the Libraries, Frameworks & Software Standards category 0.19% 0.25% 0.16%
Number of daily rates quoted 24 22 20
Median daily rate £525 £550 £525
Median daily rate % change year-on-year
-4.54% +4.76%
90% offered a daily rate of more than £474 £503 £350
10% offered a daily rate of more than £700 £715 £578
UK excluding London median daily rate - - -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Libraries, Frameworks & Software Standards category in contract jobs advertised across the UK.

Libraries, Frameworks & Software Standards Category
UK
Contract IT job ads with a match in the
Libraries, Frameworks & Software Standards category
14205 14607 14048
As % of all contract IT jobs located in the UK 31.22% 28.54% 26.82%
Number of daily rates quoted 9909 10043 9256
Median daily rate £425 £400 £388
Median daily rate % change year-on-year
+6.25% +3.22%
90% offered a daily rate of more than £300 £300 £275
10% offered a daily rate of more than £575 £550 £550
UK excluding London median daily rate £375 £363 £350
% change year-on-year
+3.44% +3.57%
Number of hourly rates quoted 162 241 188
Median hourly rate £42.00 £40.00 £35.00
Median hourly rate % change year-on-year
+5.00% +14.28%
90% offered a hourly rate of more than £21.07 £20.55 £20.00
10% offered a hourly rate of more than £55.00 £60.62 £50.00
UK excluding London median hourly rate £40.00 £38.75 £35.00
% change year-on-year
+3.22% +10.71%

FpML
Jobs Demand Trend

The demand trend of contract jobs citing FpML as a proportion of all IT contracts with a match in the Libraries, Frameworks & Software Standards category.

FpML Jobs Demand Trend in the UK

FpML
Daily Rate Trend

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

FpML Daily Rate Trend in the UK

FpML
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing FpML within the UK over the 3 months to 27 February 2017.

FpML Daily Rate Histogram in the UK

FpML
Top 7 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FpML within the UK over the 3 months to 27 February 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +8 25 £525 -4.54% 2
England +1 25 £525 -4.54% 2
City of London -7 10 £525 -4.54%
Northern Ireland - 2 - -
Belfast - 2 - -
County Antrim - 2 - -
Docklands, London - 1 £550 -

FpML
Top 30 Related IT Skills

For the 6 months to 27 February 2017, IT contractor jobs citing FpML also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for FpML.

1 30 (57.69%) MiFID
2 27 (51.92%) FIX Protocol
2 27 (51.92%) Finance
3 21 (40.38%) XML
3 21 (40.38%) Fixed Income
4 20 (38.46%) Business Analysis
5 19 (36.54%) Derivative
5 19 (36.54%) Foreign Exchange (FX)
5 19 (36.54%) Reference Data
6 17 (32.69%) SQL
6 17 (32.69%) Banking
7 16 (30.77%) EMIR
8 14 (26.92%) Equities
8 14 (26.92%) Java
9 13 (25.00%) SQL Server
10 10 (19.23%) Front Office
10 10 (19.23%) QA
10 10 (19.23%) Test Strategy
11 9 (17.31%) HTML
11 9 (17.31%) Linux
11 9 (17.31%) Agile Software Development
12 8 (15.38%) Investment Banking
12 8 (15.38%) JavaScript
12 8 (15.38%) Low Latency
12 8 (15.38%) OTC Derivatives
13 7 (13.46%) XSD
13 7 (13.46%) ASIC
13 7 (13.46%) DSL
13 7 (13.46%) Middleware
13 7 (13.46%) Back Office

FpML
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 3 (5.77%) GemFire
1 3 (5.77%) Oracle Coherence
2 2 (3.85%) Apache Qpid
2 2 (3.85%) Confluence
2 2 (3.85%) Lightstreamer
2 2 (3.85%) WebORB
Applications
1 2 (3.85%) MS Excel
1 2 (3.85%) MS PowerPoint
Business Applications
1 1 (1.92%) Bloomberg TOMS
1 1 (1.92%) RMDS
Cloud Services
1 2 (3.85%) Amazon AWS
1 2 (3.85%) Amazon EC2
1 2 (3.85%) Amazon Kinesis
1 2 (3.85%) CloudFront
Communications & Networking
1 7 (13.46%) DSL
2 2 (3.85%) Firewall
2 2 (3.85%) Internet
2 2 (3.85%) SSL
2 2 (3.85%) TCP/IP
Database & Business Intelligence
1 13 (25.00%) SQL Server
2 4 (7.69%) Data Warehouse
3 3 (5.77%) MySQL
4 2 (3.85%) Amazon RDS
4 2 (3.85%) Amazon Redshift
4 2 (3.85%) Hadoop
5 1 (1.92%) Big Data
5 1 (1.92%) Data Mart
5 1 (1.92%) Data Mining
5 1 (1.92%) NoSQL
5 1 (1.92%) Oracle Database
Development Applications
1 5 (9.62%) Maven
2 3 (5.77%) JIRA
3 2 (3.85%) Eclipse
3 2 (3.85%) Visual Studio
4 1 (1.92%) ERwin
General
1 27 (51.92%) Finance
2 17 (32.69%) Banking
3 10 (19.23%) Front Office
4 8 (15.38%) Investment Banking
5 7 (13.46%) Back Office
6 6 (11.54%) Legal
Job Titles
1 27 (51.92%) Business Analyst
2 25 (48.08%) Analyst
3 13 (25.00%) Developer
4 11 (21.15%) MiFID Business Analyst
5 10 (19.23%) Architect
6 8 (15.38%) Java Developer
6 8 (15.38%) Report Analyst
6 8 (15.38%) Technical Analyst
6 8 (15.38%) Technical Business Analyst
7 7 (13.46%) Senior Analyst
7 7 (13.46%) Senior Business Analyst
8 6 (11.54%) Senior Reporting Analyst
9 5 (9.62%) Data Architect
9 5 (9.62%) Derivatives Business Analyst
9 5 (9.62%) Front Office Business Analyst
9 5 (9.62%) OTC Derivatives Analyst
9 5 (9.62%) OTC Derivatives Business Analyst
9 5 (9.62%) Senior Developer
9 5 (9.62%) Solutions Architect
10 4 (7.69%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 27 (51.92%) FIX Protocol
2 21 (40.38%) XML
3 9 (17.31%) HTML
4 7 (13.46%) Middleware
4 7 (13.46%) XSD
5 4 (7.69%) FIXML
5 4 (7.69%) HTML5
5 4 (7.69%) XSLT
6 3 (5.77%) .NET
6 3 (5.77%) CSS
6 3 (5.77%) CSS3
6 3 (5.77%) Hibernate
6 3 (5.77%) JMS
6 3 (5.77%) jQuery
6 3 (5.77%) Murex MxML
6 3 (5.77%) Spring
6 3 (5.77%) Spring Batch
6 3 (5.77%) Spring Integration
7 2 (3.85%) Kafka
7 2 (3.85%) ZeroMQ
Miscellaneous
1 21 (40.38%) Fixed Income
2 19 (36.54%) Derivative
2 19 (36.54%) Foreign Exchange (FX)
2 19 (36.54%) Reference Data
3 14 (26.92%) Equities
4 8 (15.38%) OTC Derivatives
5 7 (13.46%) ASIC
5 7 (13.46%) DTCC
6 6 (11.54%) Analytical Skills
7 5 (9.62%) SWIFT
8 4 (7.69%) Taxonomies
9 1 (1.92%) Fintech
Operating Systems
1 9 (17.31%) Linux
2 6 (11.54%) Windows
3 2 (3.85%) Unix
4 1 (1.92%) Solaris
Processes & Methodologies
1 20 (38.46%) Business Analysis
2 10 (19.23%) Test Strategy
3 9 (17.31%) Agile Software Development
4 8 (15.38%) Low Latency
5 6 (11.54%) Multithreading
5 6 (11.54%) Project Management
6 5 (9.62%) Data Modelling
6 5 (9.62%) Presales
6 5 (9.62%) Product Management
6 5 (9.62%) SDLC
7 4 (7.69%) Change Management
7 4 (7.69%) ETL
7 4 (7.69%) Use Case
8 3 (5.77%) Analytics
8 3 (5.77%) Data Integration
8 3 (5.77%) GAP Analysis
8 3 (5.77%) SOA
8 3 (5.77%) Stakeholder Management
9 2 (3.85%) Data Mapping
9 2 (3.85%) Defensive Programming
Programming Languages
1 17 (32.69%) SQL
2 14 (26.92%) Java
3 8 (15.38%) JavaScript
4 5 (9.62%) C#
5 4 (7.69%) C++
6 2 (3.85%) Scala
7 1 (1.92%) MATLAB
7 1 (1.92%) Perl
7 1 (1.92%) PL/SQL
7 1 (1.92%) Python
7 1 (1.92%) Shell Script
7 1 (1.92%) VC++
Qualifications
1 7 (13.46%) Degree
2 1 (1.92%) CFA
Quality Assurance & Compliance
1 30 (57.69%) MiFID
2 16 (30.77%) EMIR
3 10 (19.23%) QA
4 3 (5.77%) ISO20022
5 2 (3.85%) Dodd-Frank
6 1 (1.92%) Data Quality
6 1 (1.92%) Solvency II
Vendors
1 6 (11.54%) Bloomberg
2 5 (9.62%) Fidessa
3 4 (7.69%) Oracle
4 3 (5.77%) Microsoft
4 3 (5.77%) Murex
5 1 (1.92%) ION Trading