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 9 December 2016 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
9 Dec 2016
Same period 2015 Same period 2014
Financial Products Markup Language (FpML)
Rank 593 615 569
Rank change year-on-year
+22 -46
Contract jobs citing FpML 28 30 68
As % of all contract IT jobs located in the UK 0.056% 0.054% 0.12%
As % of the Libraries, Frameworks & Software Standards category 0.18% 0.19% 0.45%
Number of daily rates quoted 16 16 53
Median daily rate £688 £488 £550
Median daily rate % change year-on-year
+41.02% -11.36%
90% offered a daily rate of more than £513 £325 £304
10% offered a daily rate of more than £700 £688 £697
UK excluding London median daily rate - - £400
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
15273 15835 15252
As % of all contract IT jobs located in the UK 30.81% 28.73% 27.04%
Number of daily rates quoted 10539 11026 10410
Median daily rate £425 £400 £400
Median daily rate % change year-on-year
+6.25% -
90% offered a daily rate of more than £305 £300 £275
10% offered a daily rate of more than £563 £550 £550
UK excluding London median daily rate £380 £375 £350
% change year-on-year
+1.33% +7.14%
Number of hourly rates quoted 144 255 172
Median hourly rate £40.00 £37.50 £35.00
Median hourly rate % change year-on-year
+6.66% +7.14%
90% offered a hourly rate of more than £16.08 £17.43 £17.50
10% offered a hourly rate of more than £50.00 £47.50 £54.00
UK excluding London median hourly rate £40.00 £37.50 £35.00
% change year-on-year
+6.66% +7.14%

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 9 December 2016.

FpML Daily Rate Histogram in the UK

FpML
Top 4 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 9 December 2016. 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 see detailed
statistics and trends)
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 +10 28 £688 +41.02% 1
England +6 28 £688 +41.02% 1
City of London -3 9 £700 +30.23%
Canary Wharf - 4 - -

FpML
Top 30 Related IT Skills

For the 6 months to 9 December 2016, 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 29 (53.70%) XML
2 26 (48.15%) MiFID
3 23 (42.59%) Finance
4 21 (38.89%) EMIR
5 20 (37.04%) Banking
6 18 (33.33%) Business Analysis
6 18 (33.33%) Derivative
7 17 (31.48%) Fixed Income
7 17 (31.48%) Foreign Exchange (FX)
8 16 (29.63%) FIX Protocol
8 16 (29.63%) Reference Data
9 14 (25.93%) Equities
9 14 (25.93%) Java
10 13 (24.07%) Investment Banking
11 11 (20.37%) QA
11 11 (20.37%) SQL
12 10 (18.52%) Middleware
12 10 (18.52%) ASIC
12 10 (18.52%) Back Office
12 10 (18.52%) Agile Software Development
13 9 (16.67%) Legal
13 9 (16.67%) DSL
13 9 (16.67%) Project Management
13 9 (16.67%) SQL Server
13 9 (16.67%) Analytical Skills
14 8 (14.81%) JavaScript
14 8 (14.81%) HTML
14 8 (14.81%) Linux
14 8 (14.81%) Test Strategy
15 7 (12.96%) DTCC

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 4 (7.41%) Tomcat
2 3 (5.56%) GemFire
2 3 (5.56%) Oracle Coherence
3 2 (3.70%) WebSphere
3 2 (3.70%) WebSphere Application Server
Business Applications
1 1 (1.85%) Bloomberg TOMS
Communications & Networking
1 9 (16.67%) DSL
Database & Business Intelligence
1 9 (16.67%) SQL Server
2 6 (11.11%) Relational Database
3 3 (5.56%) Data Warehouse
3 3 (5.56%) MySQL
4 2 (3.70%) Hadoop
Development Applications
1 7 (12.96%) Maven
2 4 (7.41%) Eclipse
2 4 (7.41%) IntelliJ
3 1 (1.85%) JIRA
General
1 23 (42.59%) Finance
2 20 (37.04%) Banking
3 13 (24.07%) Investment Banking
4 10 (18.52%) Back Office
5 9 (16.67%) Legal
6 6 (11.11%) Front Office
Job Titles
1 31 (57.41%) Analyst
2 30 (55.56%) Business Analyst
3 12 (22.22%) Report Analyst
4 9 (16.67%) Developer
4 9 (16.67%) Java Developer
4 9 (16.67%) MiFID Business Analyst
5 8 (14.81%) Senior Analyst
5 8 (14.81%) Senior Business Analyst
5 8 (14.81%) Technical Analyst
6 7 (12.96%) Architect
6 7 (12.96%) Senior Developer
6 7 (12.96%) Senior Java Developer
6 7 (12.96%) Senior Reporting Analyst
7 5 (9.26%) Business IT Analyst
7 5 (9.26%) IT Analyst
7 5 (9.26%) IT Business Analyst
7 5 (9.26%) Solutions Architect
7 5 (9.26%) Technical Business Analyst
8 4 (7.41%) XML Analyst
9 3 (5.56%) Derivatives Business Analyst
Libraries, Frameworks & Software Standards
1 29 (53.70%) XML
2 16 (29.63%) FIX Protocol
3 10 (18.52%) Middleware
4 8 (14.81%) HTML
5 5 (9.26%) JMS
6 4 (7.41%) XML Messaging
7 3 (5.56%) CSS
7 3 (5.56%) CSS3
7 3 (5.56%) Hibernate
7 3 (5.56%) HTML5
7 3 (5.56%) jQuery
7 3 (5.56%) Spring
7 3 (5.56%) Spring Batch
7 3 (5.56%) Spring Integration
8 2 (3.70%) .NET
8 2 (3.70%) ASP.NET
8 2 (3.70%) J2EE
8 2 (3.70%) JDBC
8 2 (3.70%) JSP
8 2 (3.70%) Servlets
Miscellaneous
1 18 (33.33%) Derivative
2 17 (31.48%) Fixed Income
2 17 (31.48%) Foreign Exchange (FX)
3 16 (29.63%) Reference Data
4 14 (25.93%) Equities
5 10 (18.52%) ASIC
6 9 (16.67%) Analytical Skills
7 7 (12.96%) DTCC
7 7 (12.96%) OTC Derivatives
8 5 (9.26%) SWIFT
9 3 (5.56%) Data Integration
10 2 (3.70%) Market Risk
10 2 (3.70%) Taxonomies
11 1 (1.85%) Computer Science
Operating Systems
1 8 (14.81%) Linux
2 5 (9.26%) Windows
3 4 (7.41%) Unix
Processes & Methodologies
1 18 (33.33%) Business Analysis
2 10 (18.52%) Agile Software Development
3 9 (16.67%) Project Management
4 8 (14.81%) Test Strategy
5 5 (9.26%) Data Analysis
5 5 (9.26%) ETL
5 5 (9.26%) Presales
5 5 (9.26%) Product Management
6 4 (7.41%) OOA/OOD
6 4 (7.41%) SDLC
6 4 (7.41%) Use Case
7 2 (3.70%) Data Modelling
7 2 (3.70%) GAP Analysis
7 2 (3.70%) MVC
7 2 (3.70%) People Management
7 2 (3.70%) Software Engineering
7 2 (3.70%) Stakeholder Management
7 2 (3.70%) Unit Testing
7 2 (3.70%) User Acceptance Testing
7 2 (3.70%) User Stories
Programming Languages
1 14 (25.93%) Java
2 11 (20.37%) SQL
3 8 (14.81%) JavaScript
4 1 (1.85%) Shell Script
Qualifications
1 7 (12.96%) Degree
2 1 (1.85%) CFA
Quality Assurance & Compliance
1 26 (48.15%) MiFID
2 21 (38.89%) EMIR
3 11 (20.37%) QA
4 4 (7.41%) Dodd-Frank
Systems Management
1 1 (1.85%) HP Quality Center
Vendors
1 7 (12.96%) Oracle
2 6 (11.11%) Bloomberg
3 5 (9.26%) Fidessa
4 2 (3.70%) Calypso
4 2 (3.70%) IBM
4 2 (3.70%) Sun
4 2 (3.70%) TIBCO
5 1 (1.85%) ION Trading