Period
to 22 October 2017

The following table provides summary statistics for contract job vacancies advertised in the City of London with a requirement for FpML skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited FpML over the 6 months to 22 October 2017 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Financial Products Markup Language (FpML)
Central London > City of London
6 months to
22 Oct 2017
Same period 2016 Same period 2015
Rank 236 236 272
Rank change year-on-year 0 +36 -2
Contract jobs citing FpML 10 10 11
As % of all contract IT jobs advertised in the City of London 0.15% 0.15% 0.11%
As % of the Libraries, Frameworks & Software Standards category 0.38% 0.43% 0.37%
Number of daily rates quoted 8 7 10
City of London median daily rate £594 £700 £555
Median daily rate % change year-on-year -15.18% +26.13% +0.91%
10th Percentile £439 £545 £350
90th Percentile £686 £750 £633
Central London median daily rate £550 £700 £555
% change year-on-year -21.43% +26.13% +0.91%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

FpML is in the Software Libraries and Frameworks category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for technical specification, industry standards, software libraries and framework skills.

All Software Libraries and Frameworks
City of London
Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 2615 2348 3004
As % of all contract IT jobs advertised in the City of London 38.14% 35.43% 30.40%
Number of daily rates quoted 2164 2004 2479
City of London median daily rate £505 £475 £475
Median daily rate % change year-on-year +6.32% - +5.56%
10th Percentile £363 £325 £313
90th Percentile £650 £638 £638
Central London median daily rate £500 £470 £450
% change year-on-year +6.50% +4.33% +2.86%
Number of hourly rates quoted 6 4 13
City of London median hourly rate £21.50 £35.00 £35.00
Median hourly rate % change year-on-year -38.57% - +34.62%
10th Percentile £18.38 £19.00 £11.05
90th Percentile £27.74 £56.31 £66.25
Central London median hourly rate £21.50 £35.00 £35.00
% change year-on-year -38.57% - +16.67%

FpML
Job Vacancy Trend in the City of London

Job postings citing FpML as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for FpML in the City of London

FpML
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing FpML in the City of London.

Contractor daily rate trend for FpML in the City of London

FpML
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing FpML in the City of London over the 6 months to 22 October 2017.

Contractor daily rate histogram for FpML in the City of London

For the 6 months to 22 October 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 across the City of London region with a requirement for FpML.

1 7 (70.00%) Banking
1 7 (70.00%) Investment Banking
2 6 (60.00%) MiFID
2 6 (60.00%) Finance
2 6 (60.00%) XML
3 5 (50.00%) Front Office
4 4 (40.00%) EMIR
5 3 (30.00%) FIX Protocol
5 3 (30.00%) Derivative
5 3 (30.00%) XSD
5 3 (30.00%) SQL
5 3 (30.00%) Data Modelling
6 2 (20.00%) Back Office
6 2 (20.00%) Risk Management
6 2 (20.00%) Data Management
6 2 (20.00%) Data Analysis
6 2 (20.00%) Equities
6 2 (20.00%) Business Analysis
6 2 (20.00%) Wealth Management
6 2 (20.00%) Use Case
6 2 (20.00%) Integration Testing
6 2 (20.00%) OTC Derivatives
6 2 (20.00%) Dodd-Frank
6 2 (20.00%) REST
6 2 (20.00%) MQSeries
6 2 (20.00%) Regulatory Compliance
7 1 (10.00%) Data Governance
7 1 (10.00%) Data Quality
7 1 (10.00%) User Stories
7 1 (10.00%) Logical Data Model

FpML
Co-occurring IT Skills in the City of London 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 2 (20.00%) MQSeries
Applications
1 1 (10.00%) Microsoft Office
Database & Business Intelligence
1 1 (10.00%) SQL Server
Development Applications
1 1 (10.00%) JIRA
General
1 7 (70.00%) Banking
1 7 (70.00%) Investment Banking
2 6 (60.00%) Finance
3 5 (50.00%) Front Office
4 2 (20.00%) Back Office
Job Titles
1 7 (70.00%) Analyst
2 5 (50.00%) Business Analyst
3 2 (20.00%) Architect
3 2 (20.00%) Business IT Analyst
3 2 (20.00%) Data Architect
3 2 (20.00%) Derivatives Business Analyst
3 2 (20.00%) IT Analyst
3 2 (20.00%) IT Business Analyst
3 2 (20.00%) MiFID Business Analyst
3 2 (20.00%) Report Analyst
3 2 (20.00%) Technical Analyst
4 1 (10.00%) Agile Business Analyst
4 1 (10.00%) Commodities Business Analyst
4 1 (10.00%) Data Integration Architect
4 1 (10.00%) Electronic Trading Developer
4 1 (10.00%) Murex Analyst
4 1 (10.00%) OTC Derivatives Analyst
4 1 (10.00%) OTC Derivatives Business Analyst
4 1 (10.00%) Regulatory Business Analyst
4 1 (10.00%) XML Architect
Libraries, Frameworks & Software Standards
1 6 (60.00%) XML
2 3 (30.00%) FIX Protocol
2 3 (30.00%) XSD
3 2 (20.00%) REST
4 1 (10.00%) Middleware
4 1 (10.00%) Murex MxML
4 1 (10.00%) XSLT
Miscellaneous
1 3 (30.00%) Derivative
2 2 (20.00%) Equities
2 2 (20.00%) OTC Derivatives
3 1 (10.00%) Computer Science
3 1 (10.00%) Reference Data
Processes & Methodologies
1 3 (30.00%) Data Modelling
2 2 (20.00%) Business Analysis
2 2 (20.00%) Data Analysis
2 2 (20.00%) Data Management
2 2 (20.00%) Integration Testing
2 2 (20.00%) Regulatory Compliance
2 2 (20.00%) Risk Management
2 2 (20.00%) Use Case
2 2 (20.00%) Wealth Management
3 1 (10.00%) Agile Software Development
3 1 (10.00%) BDD
3 1 (10.00%) Data Governance
3 1 (10.00%) Data Integration
3 1 (10.00%) Electronic Trading
3 1 (10.00%) Logical Data Model
3 1 (10.00%) SDLC
3 1 (10.00%) Stakeholder Management
3 1 (10.00%) User Stories
Programming Languages
1 3 (30.00%) SQL
2 1 (10.00%) XPath
Quality Assurance & Compliance
1 6 (60.00%) MiFID
2 4 (40.00%) EMIR
3 2 (20.00%) Dodd-Frank
4 1 (10.00%) Data Quality
4 1 (10.00%) QA
Vendors
1 1 (10.00%) Fidessa
1 1 (10.00%) ION Trading
1 1 (10.00%) Microsoft
1 1 (10.00%) Murex
1 1 (10.00%) Oracle