The first table below looks at the demand 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 19 June 2013 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Application Development category.

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
19 Jun 2013
Same period 2012 Same period 2011
Financial Products Markup Language (FpML)
Rank 507 510 488
Rank change year-on-year
+3 -22
Contract jobs citing FpML 34 60 114
As % of all contract IT jobs located in the UK 0.071% 0.103% 0.183%
As % of the Application Development category 0.254% 0.402% 0.661%
Number of daily rates quoted 21 48 97
Average daily rate £525 £550 £525
Average daily rate % change year-on-year
-4.54% +4.76%
90% offered a daily rate of more than £425 £325 £508
10% offered a daily rate of more than £650 £610 £660
UK excluding London average daily rate - - £700
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
All Application Development
UK
Contract IT job ads with a match in the
Application Development category
13369 14943 17245
As % of all contract IT jobs located in the UK 27.79% 25.75% 27.70%
Number of daily rates quoted 8406 8920 10221
Average daily rate £375 £353 £400
Average daily rate % change year-on-year
+6.38% -11.87%
90% offered a daily rate of more than £250 £250 £250
10% offered a daily rate of more than £550 £550 £600
UK excluding London average daily rate £325 £325 £325
Number of hourly rates quoted 342 381 538
Average hourly rate £35.00 £32.50 £35.00
Average hourly rate % change year-on-year
+7.69% -7.14%
90% offered a hourly rate of more than £20.00 £17.50 £18.00
10% offered a hourly rate of more than £45.00 £42.50 £47.50
UK excluding London average hourly rate £35.00 £31.50 £35.70
% change year-on-year
+11.11% -11.76%

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 Application Development category.

FpML Jobs Demand Trend

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

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 19 June 2013.

FpML Daily Rate Histogram

FpML
Top 9 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 19 June 2013. 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 each for more statistics)
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
Find
Job
Vacancies
London +5 34 £525 -4.54% 7
England -8 34 £525 -4.54% 7
City of London -8 11 £525 +10.52% 3
South West - - - -
Scotland - - - - 1
Dorset - - - -
Bournemouth - - - -
Edinburgh - - - -
Glasgow - - - - 1

FpML
Top 30 Related IT Skills

For the 6 months to 19 June 2013, 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 44 (65.67%) Banking
2 40 (59.70%) Finance
2 40 (59.70%) Derivative
3 38 (56.72%) XML
4 35 (52.24%) Investment Banking
5 29 (43.28%) Front Office
6 24 (35.82%) Data Modelling
7 20 (29.85%) UML
7 20 (29.85%) SQL
8 19 (28.36%) TDD
8 19 (28.36%) Basel III
8 19 (28.36%) Analytics
9 17 (25.37%) Foreign Exchange (FX)
10 16 (23.88%) Credit Derivative
10 16 (23.88%) Risk Management
10 16 (23.88%) Risk Analytics
10 16 (23.88%) Credit Risk
11 15 (22.39%) Market Risk
12 13 (19.40%) Fixed Income
13 12 (17.91%) Windows
14 11 (16.42%) Agile Software Development
15 10 (14.93%) Equities
15 10 (14.93%) Back Office
16 9 (13.43%) Business Analysis
16 9 (13.43%) Java
16 9 (13.43%) JMS
16 9 (13.43%) User Acceptance Testing
17 8 (11.94%) Unit Testing
17 8 (11.94%) Basel II
18 7 (10.45%) Interest Rate Derivative

FpML
Top Related IT Skills by Category

For the 6 months to 19 June 2013, 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 Development
1 38 (56.72%) XML
2 9 (13.43%) JMS
3 7 (10.45%) XSLT
3 7 (10.45%) STL
4 5 (7.463%) Hibernate
4 5 (7.463%) Spring
4 5 (7.463%) .NET
4 5 (7.463%) J2EE
5 4 (5.970%) JDBC
5 4 (5.970%) JSP
5 4 (5.970%) SOAP
6 3 (4.478%) WCF
6 3 (4.478%) ASP.NET MVC
6 3 (4.478%) FIXML
6 3 (4.478%) XML Messaging
6 3 (4.478%) WebSphere
6 3 (4.478%) WebSphere MQ
6 3 (4.478%) Middleware
6 3 (4.478%) ODBC
6 3 (4.478%) Servlets
Application Platforms
1 4 (5.970%) Oracle Workflow
2 3 (4.478%) TIBCO EMS
2 3 (4.478%) WebSphere Application Server
3 2 (2.985%) PowerExchange
4 1 (1.493%) MQSeries
Applications
1 2 (2.985%) MS Excel
1 2 (2.985%) MS Visio
1 2 (2.985%) MS PowerPoint
Business Applications
1 2 (2.985%) Summit
2 1 (1.493%) Adaptiv
Communications & Networking
1 3 (4.478%) AMQP
2 1 (1.493%) HTTP
Database & Business Intelligence
1 6 (8.955%) SQL Server
2 5 (7.463%) Data Warehouse
3 4 (5.970%) Oracle 10g
4 3 (4.478%) Data Mining
5 2 (2.985%) Oracle 8/8i
5 2 (2.985%) PowerCenter
6 1 (1.493%) NoSQL
6 1 (1.493%) MarkLogic
6 1 (1.493%) SQL Server Reporting Services
6 1 (1.493%) SQL Server Integration Services
6 1 (1.493%) DB2
Development Applications
1 5 (7.463%) Visual Studio
2 4 (5.970%) Subversion
3 3 (4.478%) Rational Rose
4 2 (2.985%) JUnit
4 2 (2.985%) jMock
5 1 (1.493%) TestNG
5 1 (1.493%) Team Foundation Server
5 1 (1.493%) Rhino Mocks
5 1 (1.493%) Moq
General
1 44 (65.67%) Banking
2 40 (59.70%) Finance
3 35 (52.24%) Investment Banking
4 29 (43.28%) Front Office
5 10 (14.93%) Back Office
6 3 (4.478%) Financial Institution
7 1 (1.493%) Legal
7 1 (1.493%) Corporate Banking
Job Titles
1 41 (61.19%) Analyst
2 33 (49.25%) Business Analyst
3 20 (29.85%) Developer
4 15 (22.39%) Investment Banking Business Analyst
4 15 (22.39%) Banking Business Analyst
5 9 (13.43%) Systems Analyst
5 9 (13.43%) Risk Analyst
6 8 (11.94%) Java Developer
7 5 (7.463%) Business Systems Analyst
7 5 (7.463%) Architect
8 4 (5.970%) Technical Analyst
8 4 (5.970%) SQL Developer
8 4 (5.970%) Senior Developer
8 4 (5.970%) XML Developer
9 3 (4.478%) Middleware Developer
9 3 (4.478%) Lead Architect
9 3 (4.478%) Technical Business Analyst
10 2 (2.985%) Informatica Consultant
10 2 (2.985%) Developer Analyst
10 2 (2.985%) Senior C++ Developer
Miscellaneous
1 40 (59.70%) Derivative
2 17 (25.37%) Foreign Exchange (FX)
3 16 (23.88%) Credit Derivative
3 16 (23.88%) Credit Risk
4 15 (22.39%) Market Risk
5 13 (19.40%) Fixed Income
6 10 (14.93%) Equities
7 7 (10.45%) Interest Rate Derivative
8 6 (8.955%) SWIFT
9 3 (4.478%) Management Information System
10 2 (2.985%) Inversion of Control
10 2 (2.985%) Reference Data
11 1 (1.493%) Data Integration
11 1 (1.493%) Swaptions
11 1 (1.493%) DTCC
Operating Systems
1 12 (17.91%) Windows
2 1 (1.493%) UNIX
2 1 (1.493%) Solaris
2 1 (1.493%) Linux
Processes & Methodologies
1 24 (35.82%) Data Modelling
2 20 (29.85%) UML
3 19 (28.36%) TDD
3 19 (28.36%) Analytics
4 16 (23.88%) Risk Management
4 16 (23.88%) Risk Analytics
5 11 (16.42%) Agile Software Development
6 9 (13.43%) Business Analysis
6 9 (13.43%) User Acceptance Testing
7 8 (11.94%) Unit Testing
8 6 (8.955%) Workflow
9 4 (5.970%) Regression Testing
9 4 (5.970%) System Testing
10 3 (4.478%) Test Scripting
10 3 (4.478%) Multithreading
10 3 (4.478%) Data Analytics
10 3 (4.478%) GAP Analysis
10 3 (4.478%) MVC
10 3 (4.478%) Migration
10 3 (4.478%) Data Management
Programming Languages
1 20 (29.85%) SQL
2 9 (13.43%) Java
3 6 (8.955%) C#
4 4 (5.970%) C++
4 4 (5.970%) VC++
5 3 (4.478%) VBA
6 2 (2.985%) C
7 1 (1.493%) Bash shell
Qualifications
1 1 (1.493%) Degree
1 1 (1.493%) ISEB
Quality Assurance & Compliance
1 19 (28.36%) Basel III
2 8 (11.94%) Basel II
3 3 (4.478%) QA
4 2 (2.985%) ISO 9001
Systems Management
1 2 (2.985%) Control-M
2 1 (1.493%) HP Quality Center
Vendors
1 7 (10.45%) Oracle
2 6 (8.955%) TIBCO
3 4 (5.970%) Tradeweb
4 3 (4.478%) Sun
4 3 (4.478%) CA
4 3 (4.478%) IBM
4 3 (4.478%) Microsoft
5 2 (2.985%) Sybase
5 2 (2.985%) Informatica
6 1 (1.493%) Atlassian
6 1 (1.493%) SunGard
City of London
The successful applicant will be helping the businesses delivery teams design solutions ensuring compliance with the architecture target state principles and roadmaps for functional, data and business architecture...
Huxley Associates
Rate: £600 - £601 per day
Posted: 18 June 2013
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