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 3 months to 26 June 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
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 389 383 409
Rank change year-on-year -6 +26  
Contract jobs citing FpML 35 35 33
As % of all contract IT jobs advertised in London 0.17% 0.16% 0.14%
As % of the Libraries, Frameworks & Software Standards category 0.47% 0.50% 0.45%
Number of daily rates quoted 24 25 25
Median daily rate £581 £530 £525
Median daily rate % change year-on-year +9.66% +0.95%  
90% offered a daily rate of more than £490 £500 £474
10% offered a daily rate of more than £693 £600 £615
UK excluding London median daily rate - £500 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

FpML is in the industry standards, technical specifications and software library and framework skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for industry standards, technical specifications and software library and framework skills.

Contract Software Library & Framework Skills
London
Contract job vacancies with a requirement for industry standards, technical specifications and software library and framework skills 7432 6937 7308
As % of all contract IT job vacancies advertised in London 35.80% 32.45% 31.31%
Number of daily rates quoted 5525 5323 5305
Median daily rate £476 £450 £425
Median daily rate % change year-on-year +5.66% +5.88%  
90% offered a daily rate of more than £350 £325 £310
10% offered a daily rate of more than £600 £600 £575
UK excluding London median daily rate £400 £375 £350
% change year-on-year +6.66% +7.14%  
Number of hourly rates quoted 50 25 49
Median hourly rate £35.00 £40.00 £22.50
Median hourly rate % change year-on-year -12.50% +77.77%  
90% offered a hourly rate of more than £16.00 £20.00 £16.09
10% offered a hourly rate of more than £55.00 £190.00 £60.00
UK excluding London median hourly rate £42.50 £36.00 £40.00
% change year-on-year +18.05% -10.00%  

FpML
Job Vacancy Trend in London

The job posting trend of jobs advertised in London citing FpML as a proportion of all contract or permanent IT jobs with a match in the Libraries, Frameworks & Software Standards category.

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 3 months to 26 June 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 3 months to 26 June 2017. 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 Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London -2 6 £594 +3.26% 2
FpML
England

For the 6 months to 26 June 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 35 (58.33%) XML
2 31 (51.67%) MiFID
3 30 (50.00%) Banking
4 24 (40.00%) Finance
5 21 (35.00%) Java
5 21 (35.00%) FIX Protocol
6 20 (33.33%) Derivative
7 19 (31.67%) EMIR
8 17 (28.33%) OTC Derivatives
9 15 (25.00%) Fixed Income
9 15 (25.00%) Investment Banking
10 14 (23.33%) Agile Software Development
10 14 (23.33%) SQL
11 13 (21.67%) Dodd-Frank
12 12 (20.00%) JMS
13 11 (18.33%) Spring
14 10 (16.67%) Business Analysis
14 10 (16.67%) Foreign Exchange (FX)
15 9 (15.00%) Multithreading
15 9 (15.00%) Maven
16 8 (13.33%) Scrum
16 8 (13.33%) Equities
16 8 (13.33%) Front Office
16 8 (13.33%) Oracle
16 8 (13.33%) XSD
16 8 (13.33%) Unix
17 7 (11.67%) XSLT
17 7 (11.67%) WebSphere MQ
17 7 (11.67%) Middleware
17 7 (11.67%) WebSphere

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 7 (11.67%) WebSphere
2 4 (6.67%) GemFire
2 4 (6.67%) Oracle Coherence
3 3 (5.00%) WebSphere Application Server
4 2 (3.33%) Apache Qpid
4 2 (3.33%) Confluence
4 2 (3.33%) Lightstreamer
4 2 (3.33%) WebORB
5 1 (1.67%) JBoss
5 1 (1.67%) WebLogic
Applications
1 2 (3.33%) Microsoft Excel
1 2 (3.33%) Microsoft PowerPoint
Business Applications
1 1 (1.67%) Front Arena
1 1 (1.67%) RMDS
Cloud Services
1 2 (3.33%) Amazon AWS
1 2 (3.33%) Amazon EC2
1 2 (3.33%) Amazon Kinesis
1 2 (3.33%) CloudFront
Communications & Networking
1 2 (3.33%) Firewall
1 2 (3.33%) Internet
1 2 (3.33%) SSL
1 2 (3.33%) TCP/IP
Database & Business Intelligence
1 5 (8.33%) Data Warehouse
2 4 (6.67%) SQL Server
3 2 (3.33%) Amazon RDS
3 2 (3.33%) Amazon Redshift
3 2 (3.33%) Data Mart
3 2 (3.33%) MySQL
3 2 (3.33%) Oracle Database
3 2 (3.33%) PostgreSQL
4 1 (1.67%) Big Data
4 1 (1.67%) Data Mining
4 1 (1.67%) NoSQL
4 1 (1.67%) Relational Database
Development Applications
1 9 (15.00%) Maven
2 5 (8.33%) JIRA
3 4 (6.67%) Eclipse
4 3 (5.00%) Subversion
5 2 (3.33%) Git (software)
5 2 (3.33%) Gradle
5 2 (3.33%) IntelliJ
5 2 (3.33%) JUnit
5 2 (3.33%) Visual Studio
6 1 (1.67%) Ant
6 1 (1.67%) ERwin
6 1 (1.67%) XMLSpy
General
1 30 (50.00%) Banking
2 24 (40.00%) Finance
3 15 (25.00%) Investment Banking
4 8 (13.33%) Front Office
5 3 (5.00%) Back Office
6 1 (1.67%) Financial Institution
Job Titles
1 27 (45.00%) Analyst
2 26 (43.33%) Business Analyst
2 26 (43.33%) Developer
3 18 (30.00%) Java Developer
4 10 (16.67%) Derivatives Business Analyst
4 10 (16.67%) OTC Derivatives Analyst
4 10 (16.67%) OTC Derivatives Business Analyst
5 7 (11.67%) MiFID Business Analyst
6 5 (8.33%) Integration Developer
6 5 (8.33%) Regulatory Business Analyst
6 5 (8.33%) Report Analyst
6 5 (8.33%) Senior Developer
6 5 (8.33%) Technical Analyst
6 5 (8.33%) Technical Business Analyst
7 4 (6.67%) Banking Analyst
7 4 (6.67%) Investment Banking Java Developer
7 4 (6.67%) Middleware Developer
7 4 (6.67%) Senior Java Developer
7 4 (6.67%) XML Analyst
8 3 (5.00%) Java Middleware Developer
Libraries, Frameworks & Software Standards
1 35 (58.33%) XML
2 21 (35.00%) FIX Protocol
3 12 (20.00%) JMS
4 11 (18.33%) Spring
5 8 (13.33%) XSD
6 7 (11.67%) Middleware
6 7 (11.67%) WebSphere MQ
6 7 (11.67%) XSLT
7 5 (8.33%) Apache Camel
7 5 (8.33%) HTML
7 5 (8.33%) HTML5
8 4 (6.67%) Spring Batch
8 4 (6.67%) Spring Integration
9 3 (5.00%) .NET
9 3 (5.00%) JDBC
10 2 (3.33%) CSS
10 2 (3.33%) CSS3
10 2 (3.33%) FIXML
10 2 (3.33%) Hibernate
10 2 (3.33%) SOAP
Miscellaneous
1 20 (33.33%) Derivative
2 17 (28.33%) OTC Derivatives
3 15 (25.00%) Fixed Income
4 10 (16.67%) Foreign Exchange (FX)
5 8 (13.33%) Equities
6 4 (6.67%) Analytical Skills
7 3 (5.00%) PMI
7 3 (5.00%) Reference Data
8 2 (3.33%) Fintech
8 2 (3.33%) SWIFT
9 1 (1.67%) Credit Derivative
9 1 (1.67%) Enterprise Software
9 1 (1.67%) Equity Derivative
9 1 (1.67%) Interest Rate Derivative
Operating Systems
1 8 (13.33%) Unix
2 6 (10.00%) Linux
3 2 (3.33%) Solaris
3 2 (3.33%) Windows
Processes & Methodologies
1 14 (23.33%) Agile Software Development
2 10 (16.67%) Business Analysis
3 9 (15.00%) Multithreading
4 8 (13.33%) Scrum
5 7 (11.67%) Low Latency
5 7 (11.67%) SDLC
6 6 (10.00%) Data Modelling
6 6 (10.00%) Stakeholder Management
7 5 (8.33%) ETL
8 4 (6.67%) Change Control
8 4 (6.67%) Data Analysis
8 4 (6.67%) Data Integration
8 4 (6.67%) Defect Tracking
8 4 (6.67%) SOA
9 3 (5.00%) Analytics
9 3 (5.00%) Change Management
9 3 (5.00%) Continuous Integration
9 3 (5.00%) PRINCE2
9 3 (5.00%) Programme Management
10 2 (3.33%) OO
Programming Languages
1 21 (35.00%) Java
2 14 (23.33%) SQL
3 6 (10.00%) C#
3 6 (10.00%) C++
4 4 (6.67%) JavaScript
5 3 (5.00%) Shell Script
6 2 (3.33%) Perl
6 2 (3.33%) Python
6 2 (3.33%) Scala
6 2 (3.33%) XPath
7 1 (1.67%) MATLAB
7 1 (1.67%) PL/SQL
7 1 (1.67%) VB
7 1 (1.67%) VBA
7 1 (1.67%) VC++
Qualifications
1 5 (8.33%) Degree
2 3 (5.00%) PMI Certification
2 3 (5.00%) PMP
Quality Assurance & Compliance
1 31 (51.67%) MiFID
2 19 (31.67%) EMIR
3 13 (21.67%) Dodd-Frank
4 3 (5.00%) ISO 20022
4 3 (5.00%) QA
5 2 (3.33%) Data Quality
6 1 (1.67%) Solvency II
Vendors
1 8 (13.33%) Oracle
2 6 (10.00%) IBM
3 3 (5.00%) Calypso
3 3 (5.00%) Microsoft
3 3 (5.00%) Murex
3 3 (5.00%) TIBCO
4 2 (3.33%) Bloomberg
5 1 (1.67%) Fidessa
5 1 (1.67%) GoldenSource
5 1 (1.67%) ION Trading
London
TEKsystems
Rate: £500 - £550 per day
Posted: 7 hours ago
City, London
Harvey Nash plc
Rate: £400 - £435 per day + none
Posted: 5 days ago