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This section looks at the demand for Financial Products Markup Language (FpML) skills across the UK with a comparison to our Application Development category. Included is a guide to the contractor rates offered in IT jobs that have cited FpML over the last 3 months to 15 May 2008 with a comparison to the same period last year.

LinkFinancial Products Markup Language (FpML)
Location
3 months to 15 May 2008Same period last year
Rank540517
Rank change on same period last yearDown-23
Matching contract IT job ads5494
As % of all UK contract IT job ads sampled0.069 %0.106 %
As % of the category below0.285 %0.437 %
Daily rates quoted2958
Average minimum daily rate£487£504
Average daily rate£518£545
% change on same period last year-5.00 %
Average maximum daily rate£549£586
UK excluding London average daily rate£407£350
% change on same period last year+16.19 %
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 UKApplication Development
UK
Matching contract IT job ads1894721508
As % of all UK contract IT job ads sampled24.31 %24.16 %
Daily rates quoted62396448
Average minimum daily rate£359£370
Average daily rate£385£394
% change on same period last year-2.39 %
Average maximum daily rate£410£418
UK excluding London average daily rate£353£334
% change on same period last year+5.58 %
Hourly rates quoted10481311
Average minimum hourly rate£29.76£29.77
Average hourly rate£32.43£31.69
% change on same period last year+2.33 %
Average maximum hourly rate£35.10£33.61
UK excluding London average hourly rate£32.40£31.83
% change on same period last year+1.80 %

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 the 3-month moving total starting in 2004 of contract IT jobs ads citing FpML across the UK as a proportion of the total demand within the Application Development category.

FpML Demand Trend

FpML
Daily Rate Trend

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

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 UK over the past 3 months.

FpML Daily Rate Histogram

FpML
Top 7 Contract Locations

This section looks at the demand and provides a guide to the contractor rates quoted in IT jobs citing FpML within the UK over the past 3 months.

RankLocationRank 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
1LondonUp+550£531-5.16 %
1EnglandDown-650£531-5.16 %
2City of LondonDown-6014£489-7.25 %
3Docklands, LondonDown-46£600+2.12 %
4ScotlandUp+174£407+16.19 %
5GlasgowNo change03£400+14.28 %
6Canary WharfNew entry-2£575-

FpML
Top 30 Related IT Skills

Over the past 6 months contract IT jobs across the UK citing FpML also mentioned the following skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing FpML.

184 (70.00 %)XML
267 (55.83 %)Derivative
358 (48.33 %)Java
454 (45.00 %)XSLT
549 (40.83 %)Banking
646 (38.33 %)Finance
744 (36.67 %)SQL
839 (32.50 %)Investment Banking
926 (21.67 %)WebSphere
926 (21.67 %)Sybase
1025 (20.83 %)Unix
1025 (20.83 %)Foreign Exchange (FX)
1123 (19.17 %)XML Schema
1123 (19.17 %)WebSphere MQ
1123 (19.17 %)Back Office
1221 (17.50 %)C#
1319 (15.83 %)XPath
1319 (15.83 %)WebSphere Message Broker
1418 (15.00 %)SQL Server
1418 (15.00 %)Calypso
1516 (13.33 %)Ant
1614 (11.67 %)Perl
1614 (11.67 %)MQSI
1614 (11.67 %)Front Office
1713 (10.83 %)DTCC
1713 (10.83 %)XSL
1812 (10.00 %)UML
1911 (9.167 %)Oracle
2010 (8.333 %)Asset Management
2010 (8.333 %)Financial Institution

FpML
Top Related IT Skills by Category

Over the past 6 months contract IT jobs across the UK citing FpML also mentioned the following skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of IT job ads sampled citing FpML. Up to 20 skills are shown per category.

Application Development
184 (70.00 %)XML
254 (45.00 %)XSLT
326 (21.67 %)WebSphere
423 (19.17 %)XML Schema
513 (10.83 %)XSL
69 (7.500 %)Middleware
77 (5.833 %)XSD
86 (5.000 %)JMS
95 (4.167 %)WBIMB
95 (4.167 %)Spring
103 (2.500 %)Hibernate
103 (2.500 %).NET
103 (2.500 %)JDBC
112 (1.667 %)J2EE
112 (1.667 %)CORBA
121 (0.833 %)J2SE
121 (0.833 %)DOM
121 (0.833 %)SOAP
121 (0.833 %)WebServices
121 (0.833 %)WinForms
Application Platforms
123 (19.17 %)WebSphere MQ
219 (15.83 %)WebSphere Message Broker
314 (11.67 %)MQSI
47 (5.833 %)BizTalk Server
56 (5.000 %)MQSeries
63 (2.500 %)JBoss
63 (2.500 %)Mule
72 (1.667 %)TIBCO EMS
81 (0.833 %)ESB
81 (0.833 %)Tomcat
81 (0.833 %)MS Exchange
Applications
16 (5.000 %)MS Visio
Business Applications
17 (5.833 %)Summit
22 (1.667 %)BusinessWorks
Communications & Networking
17 (5.833 %)SSL
24 (3.333 %)HTTP
31 (0.833 %)FTP
Database & Business Intelligence
118 (15.00 %)SQL Server
27 (5.833 %)SQL Server Integration Services
36 (5.000 %)TOAD
45 (4.167 %)Reference Data
54 (3.333 %)SQL Server 7
62 (1.667 %)RDBMS
Development Applications
116 (13.33 %)Ant
27 (5.833 %)XMLSpy
36 (5.000 %)ERwin
44 (3.333 %)Eclipse
53 (2.500 %)JUnit
61 (0.833 %)ClearCase
61 (0.833 %)Subversion
General
149 (40.83 %)Banking
246 (38.33 %)Finance
339 (32.50 %)Investment Banking
423 (19.17 %)Back Office
514 (11.67 %)Front Office
610 (8.333 %)Financial Institution
71 (0.833 %)Construction
71 (0.833 %)Education
Job Titles
150 (41.67 %)Analyst
245 (37.50 %)Developer
323 (19.17 %)Business Analyst
420 (16.67 %)Java Developer
514 (11.67 %)Technical Analyst
612 (10.00 %)Architect
79 (7.500 %)Project Manager
88 (6.667 %)Investment Banking Business Analyst
97 (5.833 %)Data Architect
97 (5.833 %)C# Developer
106 (5.000 %)Data Analyst
106 (5.000 %)Analyst Developer
115 (4.167 %)Data Modeller
124 (3.333 %)BizTalk Developer
124 (3.333 %)Technical Architect
133 (2.500 %)Consultant
142 (1.667 %)Business Consultant
142 (1.667 %)TIBCO Consultant
142 (1.667 %)Oracle Developer
142 (1.667 %)Calypso Developer
Miscellaneous
167 (55.83 %)Derivative
225 (20.83 %)Foreign Exchange (FX)
313 (10.83 %)DTCC
410 (8.333 %)Asset Management
58 (6.667 %)Interest Rate Derivative
58 (6.667 %)W3C
66 (5.000 %)Fixed Income
75 (4.167 %)Credit Derivative
84 (3.333 %)Fund Management
93 (2.500 %)Data Integration
102 (1.667 %)Market Risk
111 (0.833 %)Computer Science
111 (0.833 %)Equity Derivative
111 (0.833 %)Equities
111 (0.833 %)Management Information System
Operating Systems
125 (20.83 %)Unix
23 (2.500 %)Linux
32 (1.667 %)Solaris
Processes & Methodologies
112 (10.00 %)UML
210 (8.333 %)Investment Management
37 (5.833 %)Data Modelling
37 (5.833 %)Data Analysis
37 (5.833 %)OO
37 (5.833 %)Project Management
37 (5.833 %)Change Management
46 (5.000 %)E-Commerce
53 (2.500 %)Risk Analysis
53 (2.500 %)Data Mapping
62 (1.667 %)Business Analysis
71 (0.833 %)Project Planning
71 (0.833 %)OOD
71 (0.833 %)Data Migration
71 (0.833 %)EAI
71 (0.833 %)OOA/OOD
71 (0.833 %)Migration
71 (0.833 %)Agile Software Development
Programming Languages
158 (48.33 %)Java
244 (36.67 %)SQL
321 (17.50 %)C#
419 (15.83 %)XPath
514 (11.67 %)Perl
67 (5.833 %)PL/SQL
74 (3.333 %)C++
74 (3.333 %)XQuery
82 (1.667 %)Shell Script
82 (1.667 %)Transact-SQL
Qualifications
11 (0.833 %)Degree
Quality Assurance & Compliance
12 (1.667 %)QA
System Software
11 (0.833 %)AquaLogic
Vendors
126 (21.67 %)Sybase
218 (15.00 %)Calypso
311 (9.167 %)Oracle
49 (7.500 %)TIBCO
58 (6.667 %)IBM
67 (5.833 %)Perforce
76 (5.000 %)Murex
82 (1.667 %)Red Hat
82 (1.667 %)Thunderhead
82 (1.667 %)PolarLake
91 (0.833 %)DataSynapse
91 (0.833 %)thinkFolio
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