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 27 March 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.

3 months to
27 Mar 2017
Same period 2016 Same period 2015
Financial Products Markup Language (FpML)
England / London
Rank 373 399 387
Rank change year-on-year +26 -12  
Contract jobs citing FpML 25 32 28
As % of all contract IT jobs advertised in London 0.13% 0.14% 0.13%
As % of the Libraries, Frameworks & Software Standards category 0.37% 0.45% 0.43%
Number of daily rates quoted 18 21 26
Median daily rate £538 £550 £525
Median daily rate % change year-on-year -2.27% +4.76%  
90% offered a daily rate of more than £462 £525 £400
10% offered a daily rate of more than £702 £625 £675
UK excluding London median daily rate - - -
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 6748 7047 6486
As % of all contract IT job vacancies advertised in London 34.85% 31.82% 30.15%
Number of daily rates quoted 5022 5275 4693
Median daily rate £475 £450 £425
Median daily rate % change year-on-year +5.55% +5.88%  
90% offered a daily rate of more than £345 £325 £313
10% offered a daily rate of more than £601 £600 £575
UK excluding London median daily rate £375 £363 £350
% change year-on-year +3.44% +3.57%  
Number of hourly rates quoted 51 29 27
Median hourly rate £47.50 £50.00 £27.37
Median hourly rate % change year-on-year -5.00% +82.68%  
90% offered a hourly rate of more than £17.01 £22.00 £20.00
10% offered a hourly rate of more than £100.00 £55.00 £55.00
UK excluding London median hourly rate £40.50 £38.00 £36.00
% change year-on-year +6.57% +5.55%  

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 27 March 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 27 March 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 +1 9 £581 +5.68% 1
Docklands, London - 1 £550 -
FpML
England

FpML
Top 30 Related IT Skills in London

For the 6 months to 27 March 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 24 (58.54%) XML
2 23 (56.10%) FIX Protocol
3 21 (51.22%) Finance
4 17 (41.46%) Banking
5 16 (39.02%) MiFID
6 14 (34.15%) Java
7 13 (31.71%) Derivative
8 12 (29.27%) Business Analysis
8 12 (29.27%) SQL
9 11 (26.83%) Foreign Exchange (FX)
9 11 (26.83%) Fixed Income
10 10 (24.39%) XSD
11 9 (21.95%) SQL Server
11 9 (21.95%) OTC Derivatives
12 8 (19.51%) Low Latency
12 8 (19.51%) Investment Banking
12 8 (19.51%) Reference Data
13 7 (17.07%) XSLT
13 7 (17.07%) EMIR
14 6 (14.63%) SDLC
14 6 (14.63%) Linux
14 6 (14.63%) JMS
14 6 (14.63%) Front Office
14 6 (14.63%) Multithreading
14 6 (14.63%) QA
15 5 (12.20%) Agile Software Development
15 5 (12.20%) Spring
15 5 (12.20%) Maven
15 5 (12.20%) Data Modelling
15 5 (12.20%) HTML

FpML
Top Related 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 3 (7.32%) GemFire
1 3 (7.32%) Oracle Coherence
2 2 (4.88%) Apache Qpid
2 2 (4.88%) Confluence
2 2 (4.88%) Lightstreamer
2 2 (4.88%) WebORB
2 2 (4.88%) WebSphere
3 1 (2.44%) JBoss
3 1 (2.44%) WebLogic
3 1 (2.44%) WebSphere Application Server
Applications
1 2 (4.88%) MS Excel
1 2 (4.88%) MS PowerPoint
Business Applications
1 1 (2.44%) RMDS
Cloud Services
1 2 (4.88%) Amazon AWS
1 2 (4.88%) Amazon EC2
1 2 (4.88%) Amazon Kinesis
1 2 (4.88%) CloudFront
Communications & Networking
1 2 (4.88%) Firewall
1 2 (4.88%) Internet
1 2 (4.88%) SSL
1 2 (4.88%) TCP/IP
Database & Business Intelligence
1 9 (21.95%) SQL Server
2 4 (9.76%) Data Warehouse
3 3 (7.32%) MySQL
4 2 (4.88%) Amazon RDS
4 2 (4.88%) Amazon Redshift
5 1 (2.44%) Big Data
5 1 (2.44%) Data Mart
5 1 (2.44%) Data Mining
5 1 (2.44%) NoSQL
5 1 (2.44%) Oracle Database
Development Applications
1 5 (12.20%) Maven
2 3 (7.32%) JIRA
3 2 (4.88%) Eclipse
3 2 (4.88%) Visual Studio
4 1 (2.44%) ERwin
General
1 21 (51.22%) Finance
2 17 (41.46%) Banking
3 8 (19.51%) Investment Banking
4 6 (14.63%) Front Office
5 2 (4.88%) Back Office
Job Titles
1 17 (41.46%) Analyst
1 17 (41.46%) Business Analyst
1 17 (41.46%) Developer
2 12 (29.27%) Java Developer
3 6 (14.63%) Architect
3 6 (14.63%) MiFID Business Analyst
3 6 (14.63%) Technical Analyst
3 6 (14.63%) Technical Business Analyst
4 5 (12.20%) Data Architect
4 5 (12.20%) Derivatives Business Analyst
4 5 (12.20%) OTC Derivatives Analyst
4 5 (12.20%) OTC Derivatives Business Analyst
5 4 (9.76%) Senior Developer
6 3 (7.32%) Banking Analyst
6 3 (7.32%) FIX Analyst
6 3 (7.32%) FIX Business Analyst
6 3 (7.32%) Investment Banking Java Developer
6 3 (7.32%) Report Analyst
6 3 (7.32%) Senior Java Developer
6 3 (7.32%) XML Analyst
Libraries, Frameworks & Software Standards
1 24 (58.54%) XML
2 23 (56.10%) FIX Protocol
3 10 (24.39%) XSD
4 7 (17.07%) XSLT
5 6 (14.63%) JMS
6 5 (12.20%) HTML
6 5 (12.20%) Spring
7 4 (9.76%) Apache Camel
7 4 (9.76%) FIXML
7 4 (9.76%) HTML5
7 4 (9.76%) Middleware
8 3 (7.32%) .NET
8 3 (7.32%) CSS
8 3 (7.32%) CSS3
8 3 (7.32%) Hibernate
8 3 (7.32%) jQuery
8 3 (7.32%) Spring Batch
8 3 (7.32%) Spring Integration
9 2 (4.88%) WebSphere MQ
9 2 (4.88%) XML Messaging
Miscellaneous
1 13 (31.71%) Derivative
2 11 (26.83%) Fixed Income
2 11 (26.83%) Foreign Exchange (FX)
3 9 (21.95%) OTC Derivatives
4 8 (19.51%) Reference Data
5 4 (9.76%) Equities
5 4 (9.76%) Taxonomies
6 3 (7.32%) Analytical Skills
7 2 (4.88%) Fintech
8 1 (2.44%) DTCC
8 1 (2.44%) SWIFT
Operating Systems
1 6 (14.63%) Linux
2 3 (7.32%) Unix
3 2 (4.88%) Windows
4 1 (2.44%) Solaris
Processes & Methodologies
1 12 (29.27%) Business Analysis
2 8 (19.51%) Low Latency
3 6 (14.63%) Multithreading
3 6 (14.63%) SDLC
4 5 (12.20%) Agile Software Development
4 5 (12.20%) Data Modelling
5 4 (9.76%) Change Management
5 4 (9.76%) ETL
6 3 (7.32%) Analytics
6 3 (7.32%) Change Control
6 3 (7.32%) Data Integration
6 3 (7.32%) Defect Tracking
6 3 (7.32%) SOA
6 3 (7.32%) Stakeholder Management
6 3 (7.32%) Test Strategy
7 2 (4.88%) Data Analysis
7 2 (4.88%) Data Mapping
7 2 (4.88%) Defensive Programming
7 2 (4.88%) KYC
7 2 (4.88%) Use Case
Programming Languages
1 14 (34.15%) Java
2 12 (29.27%) SQL
3 5 (12.20%) C#
4 4 (9.76%) C++
4 4 (9.76%) JavaScript
5 2 (4.88%) Scala
6 1 (2.44%) MATLAB
6 1 (2.44%) Perl
6 1 (2.44%) PL/SQL
6 1 (2.44%) Python
6 1 (2.44%) Shell Script
6 1 (2.44%) VC++
Qualifications
1 3 (7.32%) Degree
Quality Assurance & Compliance
1 16 (39.02%) MiFID
2 7 (17.07%) EMIR
3 6 (14.63%) QA
4 3 (7.32%) ISO20022
5 2 (4.88%) Dodd-Frank
6 1 (2.44%) Data Quality
6 1 (2.44%) Solvency II
Vendors
1 4 (9.76%) Oracle
2 3 (7.32%) IBM
2 3 (7.32%) Microsoft
3 2 (4.88%) Bloomberg
3 2 (4.88%) Fidessa
4 1 (2.44%) Murex
4 1 (2.44%) TIBCO
London
Harrington Starr
Rate: £500 - £700 per day
Posted: 5 days ago