Period
to 24 November 2017

The following table provides summary statistics for contract job vacancies advertised in 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 24 November 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)
England > London
6 months to
24 Nov 2017
Same period 2016 Same period 2015
Rank 539 567 557
Rank change year-on-year +28 -10 -49
Contract jobs citing FpML 90 53 56
As % of all contract IT jobs advertised in London 0.19% 0.12% 0.12%
As % of the Libraries, Frameworks & Software Standards category 0.52% 0.34% 0.37%
Number of daily rates quoted 68 32 31
London median daily rate £600 £575 £500
Median daily rate % change year-on-year +4.35% +15.00% -13.04%
10th Percentile £468 £475 £350
90th Percentile £730 £735 £625
England median daily rate £600 £575 £513
% change year-on-year +4.35% +12.20% -10.87%
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England 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 London with a requirement for technical specification, industry standards, software libraries and framework skills.

All Software Libraries and Frameworks
London
Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 17407 15497 15146
As % of all contract IT jobs advertised in London 36.96% 34.36% 32.26%
Number of daily rates quoted 13288 11591 11283
London median daily rate £500 £465 £450
Median daily rate % change year-on-year +7.53% +3.33% +5.88%
10th Percentile £350 £319 £308
90th Percentile £650 £625 £625
England median daily rate £463 £425 £413
% change year-on-year +8.82% +3.03% +3.13%
Number of hourly rates quoted 102 72 92
London median hourly rate £35.00 £40.00 £35.00
Median hourly rate % change year-on-year -12.50% +14.29% -
10th Percentile £19.50 £19.23 £14.25
90th Percentile £50.00 £57.44 £55.00
England median hourly rate £40.00 £37.50 £37.50
% change year-on-year +6.67% - +10.29%

FpML
Job Vacancy Trend in London

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

Job vacancy trend for FpML in London

FpML
Contractor Daily Rate Trend in London

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

Contractor daily rate trend for FpML in London

FpML
Contractor Daily Rate Histogram in London

The daily rate distribution of IT jobs citing FpML in London over the 6 months to 24 November 2017.

Contractor daily rate histogram for FpML in London

FpML
Contract Job Locations in London

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FpML within the London region over the 6 months to 24 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London +6 16 £550 -21.43%
East London -15 1 - -
FpML
England

For the 6 months to 24 November 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 London region with a requirement for FpML.

1 65 (72.22%) XML
2 50 (55.56%) Banking
3 45 (50.00%) Finance
4 28 (31.11%) MiFID
5 26 (28.89%) FIX Protocol
5 26 (28.89%) Data Modelling
6 25 (27.78%) XSD
7 24 (26.67%) Java
7 24 (26.67%) Fixed Income
8 23 (25.56%) SQL
8 23 (25.56%) Derivative
9 22 (24.44%) Equities
10 20 (22.22%) Investment Banking
11 18 (20.00%) Data Analysis
11 18 (20.00%) Spring
11 18 (20.00%) XPath
12 17 (18.89%) Maven
12 17 (18.89%) Front Office
12 17 (18.89%) XSLT
12 17 (18.89%) JMS
13 16 (17.78%) Agile Software Development
14 15 (16.67%) Oracle
14 15 (16.67%) WebSphere
15 14 (15.56%) EMIR
15 14 (15.56%) Logical Data Model
15 14 (15.56%) Unix
15 14 (15.56%) Foreign Exchange (FX)
16 13 (14.44%) Data Management
16 13 (14.44%) Subversion
17 12 (13.33%) Middleware

FpML
Co-occurring IT Skills in 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 15 (16.67%) WebSphere
2 8 (8.89%) GemFire
2 8 (8.89%) Oracle Coherence
3 6 (6.67%) Tomcat
4 4 (4.44%) WebSphere Application Server
5 3 (3.33%) MQSeries
5 3 (3.33%) MS Exchange
6 2 (2.22%) Confluence
7 1 (1.11%) Apache Qpid
7 1 (1.11%) Apache Solr
7 1 (1.11%) JBoss
7 1 (1.11%) Lightstreamer
7 1 (1.11%) Mule
7 1 (1.11%) WebORB
Applications
1 1 (1.11%) Microsoft Excel
1 1 (1.11%) Microsoft Office
1 1 (1.11%) Microsoft PowerPoint
1 1 (1.11%) MS Visio
Cloud Services
1 6 (6.67%) npm
2 1 (1.11%) Amazon AWS
2 1 (1.11%) Amazon EC2
2 1 (1.11%) Amazon Kinesis
2 1 (1.11%) CloudFront
Communications & Networking
1 3 (3.33%) SMTP
2 1 (1.11%) AMQP
2 1 (1.11%) DSL
2 1 (1.11%) Firewall
2 1 (1.11%) Internet
2 1 (1.11%) SSL
2 1 (1.11%) TCP/IP
Database & Business Intelligence
1 8 (8.89%) SQL Server
2 6 (6.67%) Jackrabbit
3 5 (5.56%) Relational Database
4 3 (3.33%) Blockchain
4 3 (3.33%) PostgreSQL
5 2 (2.22%) Data Warehouse
5 2 (2.22%) Oracle Database
6 1 (1.11%) Amazon RDS
6 1 (1.11%) Amazon Redshift
6 1 (1.11%) Data Lake
6 1 (1.11%) Data Mart
6 1 (1.11%) MongoDB
6 1 (1.11%) MySQL
6 1 (1.11%) NoSQL
Development Applications
1 17 (18.89%) Maven
2 13 (14.44%) Subversion
3 12 (13.33%) JIRA
4 9 (10.00%) Eclipse
5 8 (8.89%) Git (software)
5 8 (8.89%) IntelliJ
6 4 (4.44%) Ant
7 3 (3.33%) Gradle
7 3 (3.33%) JUnit
8 1 (1.11%) Atlassian Bamboo
8 1 (1.11%) FishEye
8 1 (1.11%) Hudson
8 1 (1.11%) jMock
8 1 (1.11%) Team Foundation Server
General
1 50 (55.56%) Banking
2 45 (50.00%) Finance
3 20 (22.22%) Investment Banking
4 17 (18.89%) Front Office
5 6 (6.67%) Back Office
6 2 (2.22%) Financial Institution
7 1 (1.11%) Billing
7 1 (1.11%) Legal
Job Titles
1 47 (52.22%) Analyst
2 32 (35.56%) Business Analyst
3 29 (32.22%) Developer
4 20 (22.22%) Java Developer
5 18 (20.00%) Data Analyst
6 13 (14.44%) Banking Analyst
7 12 (13.33%) Business Data Analyst
7 12 (13.33%) Senior Developer
8 11 (12.22%) Architect
9 10 (11.11%) MiFID Business Analyst
9 10 (11.11%) Senior Java Developer
9 10 (11.11%) XML Analyst
10 9 (10.00%) Derivatives Business Analyst
11 8 (8.89%) Data Business Analyst
11 8 (8.89%) OTC Derivatives Analyst
11 8 (8.89%) OTC Derivatives Business Analyst
12 7 (7.78%) Data Architect
13 6 (6.67%) Integration Architect
13 6 (6.67%) Integration Developer
13 6 (6.67%) Middleware Developer
Libraries, Frameworks & Software Standards
1 65 (72.22%) XML
2 26 (28.89%) FIX Protocol
3 25 (27.78%) XSD
4 18 (20.00%) Spring
5 17 (18.89%) JMS
5 17 (18.89%) XSLT
6 12 (13.33%) Middleware
7 10 (11.11%) REST
8 8 (8.89%) Spring MVC
8 8 (8.89%) WebSphere MQ
9 7 (7.78%) AngularJS
9 7 (7.78%) Spring Integration
10 6 (6.67%) Java EE
10 6 (6.67%) JSR 170
10 6 (6.67%) Spring Batch
10 6 (6.67%) Spring Security
10 6 (6.67%) XML Schema
11 4 (4.44%) DOM
11 4 (4.44%) JDBC
11 4 (4.44%) JSON
Miscellaneous
1 24 (26.67%) Fixed Income
2 23 (25.56%) Derivative
3 22 (24.44%) Equities
4 14 (15.56%) Foreign Exchange (FX)
5 11 (12.22%) OTC Derivatives
6 7 (7.78%) Greenfield Project
7 4 (4.44%) Enterprise Software
7 4 (4.44%) Equity Derivative
7 4 (4.44%) Reference Data
7 4 (4.44%) SWIFT
8 3 (3.33%) PMI
9 2 (2.22%) Analytical Skills
9 2 (2.22%) Data Structures
9 2 (2.22%) Management Information System
10 1 (1.11%) Algorithms
10 1 (1.11%) ASIC
10 1 (1.11%) Computer Science
10 1 (1.11%) Credit Risk
10 1 (1.11%) Swaptions
Operating Systems
1 14 (15.56%) Unix
2 9 (10.00%) Linux
3 1 (1.11%) Windows
Processes & Methodologies
1 26 (28.89%) Data Modelling
2 18 (20.00%) Data Analysis
3 16 (17.78%) Agile Software Development
4 14 (15.56%) Logical Data Model
5 13 (14.44%) Data Management
6 10 (11.11%) Business Analysis
6 10 (11.11%) Data Integration
7 9 (10.00%) MVC
8 8 (8.89%) DevOps
8 8 (8.89%) Multithreading
9 7 (7.78%) Data Mapping
9 7 (7.78%) Scrum
9 7 (7.78%) Stakeholder Management
9 7 (7.78%) Web Development
10 6 (6.67%) Document Management
10 6 (6.67%) ETL
10 6 (6.67%) Integration Testing
10 6 (6.67%) Risk Management
11 5 (5.56%) SOA
11 5 (5.56%) Systems Analysis
Programming Languages
1 24 (26.67%) Java
2 23 (25.56%) SQL
3 18 (20.00%) XPath
4 10 (11.11%) JavaScript
5 6 (6.67%) TypeScript
6 5 (5.56%) C#
7 4 (4.44%) Shell Script
8 1 (1.11%) C
8 1 (1.11%) C++
8 1 (1.11%) Python
8 1 (1.11%) Scala
Qualifications
1 4 (4.44%) Degree
2 3 (3.33%) PMI Certification
2 3 (3.33%) PMP
Quality Assurance & Compliance
1 28 (31.11%) MiFID
2 14 (15.56%) EMIR
3 11 (12.22%) Dodd-Frank
4 4 (4.44%) ISO 20022
5 1 (1.11%) Data Quality
5 1 (1.11%) QA
System Software
1 1 (1.11%) Docker
Systems Management
1 1 (1.11%) HP Quality Center
Vendors
1 15 (16.67%) Oracle
2 8 (8.89%) TIBCO
3 5 (5.56%) IBM
4 4 (4.44%) Bloomberg
5 3 (3.33%) Calypso
5 3 (3.33%) Microsoft
5 3 (3.33%) Murex
6 1 (1.11%) Atlassian
6 1 (1.11%) DevExpress
6 1 (1.11%) Sybase