The table below looks at the statistics for FpML skills in IT contracts advertised across the UK. Included is a guide to the average contractor rates offered in IT contracts that have cited FpML over the 3 months to 28 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
28 May 2015
Same period 2014 Same period 2013
Financial Products Markup Language (FpML)
Rank 559 558 513
Rank change year-on-year
-1 -45
Contract jobs citing FpML 38 35 32
As % of all contract IT jobs located in the UK 0.069% 0.065% 0.068%
As % of the Libraries, Frameworks & Software Standards category 0.25% 0.23% 0.25%
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 - - -

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
14908 14984 12930
As % of all contract IT jobs located in the UK 27.07% 27.65% 27.32%
Number of daily rates quoted 9842 9913 8138
Average daily rate £385 £375 £375
Average daily rate % change year-on-year
+2.66% -
90% offered a daily rate of more than £275 £270 £250
10% offered a daily rate of more than £550 £525 £550
UK excluding London average daily rate £350 £350 £325
% change year-on-year
- +7.69%
Number of hourly rates quoted 201 193 359
Average hourly rate £35.00 £35.00 £35.00
90% offered a hourly rate of more than £17.86 £17.00 £17.50
10% offered a hourly rate of more than £48.04 £55.00 £45.00
UK excluding London average hourly rate £37.62 £35.00 £35.00
% change year-on-year
+7.48% -

FpML
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing FpML within the UK as a proportion of the total demand within 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 28 May 2015.

FpML Daily Rate Histogram in the UK

FpML
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing FpML within the UK over the 3 months to 28 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
London +19 36 £525 -16.00% 4
England -16 36 £525 -16.00% 4
City of London +16 10 £650 -10.34% 3
Scotland - 2 - -
Glasgow - 2 - -
Canary Wharf - 1 £525 -

FpML
Top 30 Related IT Skills

For the 6 months to 28 May 2015, IT contractor jobs within the UK 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 40 (66.67%) XML
2 35 (58.33%) SQL
3 31 (51.67%) Finance
4 30 (50.00%) Derivative
5 22 (36.67%) Banking
6 21 (35.00%) Business Analysis
7 20 (33.33%) Front Office
7 20 (33.33%) Foreign Exchange (FX)
8 17 (28.33%) Investment Banking
9 16 (26.67%) Credit Derivative
10 13 (21.67%) Murex
10 13 (21.67%) Java
11 12 (20.00%) .NET
11 12 (20.00%) Interest Rate Derivative
11 12 (20.00%) Workflow
12 11 (18.33%) C#
13 10 (16.67%) Oracle
13 10 (16.67%) Back Office
13 10 (16.67%) Fixed Income
13 10 (16.67%) Tradeweb
14 9 (15.00%) JIRA
14 9 (15.00%) FIX Protocol
14 9 (15.00%) Data Modelling
14 9 (15.00%) Microsoft
14 9 (15.00%) Middleware
15 8 (13.33%) IBM
15 8 (13.33%) GAP Analysis
15 8 (13.33%) EMIR
15 8 (13.33%) SDLC
16 7 (11.67%) HP Quality Center

FpML
Top Related IT Skills by Category

For the 6 months to 28 May 2015, IT contractor jobs within the UK 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 (6.67%) WebSphere
1 4 (6.67%) MQSeries
2 2 (3.33%) Oracle Workflow
3 1 (1.67%) Confluence
3 1 (1.67%) SharePoint
Applications
1 3 (5.00%) MS Office
2 2 (3.33%) MS Excel
3 1 (1.67%) Spreadsheet
Communications & Networking
1 1 (1.67%) DSL
Database & Business Intelligence
1 6 (10.00%) Data Warehouse
2 4 (6.67%) SQL Server
3 2 (3.33%) DTS
3 2 (3.33%) MS Access
3 2 (3.33%) RDBMS
3 2 (3.33%) SQL Server 2008
3 2 (3.33%) Oracle Database
3 2 (3.33%) Relational Database
4 1 (1.67%) Data Mining
4 1 (1.67%) OLTP
Development Applications
1 9 (15.00%) JIRA
2 2 (3.33%) ERwin
3 1 (1.67%) QuickTest Pro
3 1 (1.67%) Selenium
General
1 31 (51.67%) Finance
2 22 (36.67%) Banking
3 20 (33.33%) Front Office
4 17 (28.33%) Investment Banking
5 10 (16.67%) Back Office
6 4 (6.67%) Legal
Job Titles
1 41 (68.33%) Analyst
2 31 (51.67%) Business Analyst
3 19 (31.67%) Developer
4 9 (15.00%) SQL Developer
5 7 (11.67%) Data Analyst
6 6 (10.00%) Analyst Developer
7 5 (8.33%) Java Developer
7 5 (8.33%) Technical Business Analyst
8 4 (6.67%) IT Business Analyst
8 4 (6.67%) C++ Developer
8 4 (6.67%) Technical Analyst
8 4 (6.67%) Architect
9 3 (5.00%) Middleware Analyst
9 3 (5.00%) Business Data Analyst
9 3 (5.00%) Middleware Developer
9 3 (5.00%) Test Analyst
9 3 (5.00%) Data Architect
9 3 (5.00%) Investment Banking Business Analyst
10 2 (3.33%) Excel Developer
10 2 (3.33%) Excel VBA Developer
Libraries, Frameworks & Software Standards
1 40 (66.67%) XML
2 12 (20.00%) .NET
3 9 (15.00%) FIX Protocol
3 9 (15.00%) Middleware
4 5 (8.33%) XSLT
5 4 (6.67%) .NET Framework
5 4 (6.67%) WebSphere Message Broker
5 4 (6.67%) MFC
5 4 (6.67%) STL
5 4 (6.67%) WebSphere MQ
5 4 (6.67%) Rendezvous
6 3 (5.00%) FIXML
7 1 (1.67%) XML Schema
7 1 (1.67%) HTML
7 1 (1.67%) SOAP
7 1 (1.67%) Web Services
7 1 (1.67%) WPF
Miscellaneous
1 30 (50.00%) Derivative
2 20 (33.33%) Foreign Exchange (FX)
3 16 (26.67%) Credit Derivative
4 12 (20.00%) Interest Rate Derivative
5 10 (16.67%) Fixed Income
6 5 (8.33%) Reference Data
6 5 (8.33%) Analytical Skills
7 4 (6.67%) ASIC
8 3 (5.00%) Client/Server
8 3 (5.00%) Equities
9 2 (3.33%) Equity Derivative
9 2 (3.33%) Management Information System
9 2 (3.33%) SWIFT
10 1 (1.67%) Enterprise Software
10 1 (1.67%) Swaptions
10 1 (1.67%) Credit Risk
10 1 (1.67%) DTCC
Operating Systems
1 5 (8.33%) UNIX
2 4 (6.67%) Windows
2 4 (6.67%) Solaris
Processes & Methodologies
1 21 (35.00%) Business Analysis
2 12 (20.00%) Workflow
3 9 (15.00%) Data Modelling
4 8 (13.33%) GAP Analysis
4 8 (13.33%) SDLC
5 6 (10.00%) Agile Software Development
5 6 (10.00%) Analytics
6 5 (8.33%) Greeks
6 5 (8.33%) Multithreading
6 5 (8.33%) RUP
6 5 (8.33%) Asset Management
6 5 (8.33%) Data Analysis
7 4 (6.67%) Fund Management
7 4 (6.67%) ETL
7 4 (6.67%) Change Control
8 3 (5.00%) Project Management
8 3 (5.00%) BPR
8 3 (5.00%) SSADM
8 3 (5.00%) UML
8 3 (5.00%) OO
Programming Languages
1 35 (58.33%) SQL
2 13 (21.67%) Java
3 11 (18.33%) C#
4 6 (10.00%) PL/SQL
5 4 (6.67%) VBA
5 4 (6.67%) C++
6 2 (3.33%) Python
6 2 (3.33%) C
7 1 (1.67%) Scala
7 1 (1.67%) JavaScript
Qualifications
1 3 (5.00%) ISEB
2 2 (3.33%) Degree
Quality Assurance & Compliance
1 8 (13.33%) EMIR
2 6 (10.00%) Dodd-Frank
3 3 (5.00%) QA
4 2 (3.33%) MiFID
4 2 (3.33%) ISO 9001
Systems Management
1 7 (11.67%) HP Quality Center
Vendors
1 13 (21.67%) Murex
2 10 (16.67%) Oracle
2 10 (16.67%) Tradeweb
3 9 (15.00%) Microsoft
4 8 (13.33%) IBM
5 4 (6.67%) TIBCO
6 3 (5.00%) HP
7 2 (3.33%) Sybase
7 2 (3.33%) Progress
8 1 (1.67%) Bloomberg
8 1 (1.67%) Calypso
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