The following table provides summary statistics for contract job vacancies 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)
UK
3 months to
26 Jun 2017
Same period 2016 Same period 2015
Rank 564 603 606
Rank change year-on-year +39 +3  
Contract jobs citing FpML 43 48 35
As % of all contract IT jobs advertised in the UK 0.091% 0.090% 0.063%
As % of the Libraries, Frameworks & Software Standards category 0.29% 0.32% 0.23%
Number of daily rates quoted 24 38 25
Median daily rate £581 £525 £525
Median daily rate % change year-on-year +10.71% -  
90% offered a daily rate of more than £490 £475 £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 with a requirement for industry standards, technical specifications and software library and framework skills.

Contract Software Library & Framework Skills
UK
Contract job vacancies with a requirement for industry standards, technical specifications and software library and framework skills 15051 15100 15398
As % of all contract IT job vacancies advertised in the UK 32.01% 28.45% 27.53%
Number of daily rates quoted 10395 10636 10284
Median daily rate £425 £420 £388
Median daily rate % change year-on-year +1.19% +8.38%  
90% offered a daily rate of more than £315 £300 £285
10% offered a daily rate of more than £580 £550 £550
UK excluding London median daily rate £400 £375 £350
% change year-on-year +6.66% +7.14%  
Number of hourly rates quoted 196 180 213
Median hourly rate £42.50 £36.00 £37.45
Median hourly rate % change year-on-year +18.05% -3.87%  
90% offered a hourly rate of more than £21.00 £18.80 £17.86
10% offered a hourly rate of more than £55.00 £50.00 £55.00
UK excluding London median hourly rate £42.50 £36.00 £40.00
% change year-on-year +18.05% -10.00%  

FpML
Job Vacancy Trend

The job posting trend of jobs advertised 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 the UK

FpML
Contractor Daily Rate Trend

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

Contractor daily rate trend for FpML in the UK

FpML
Contractor Daily Rate Histogram

The daily rate distribution of IT jobs citing FpML over the 3 months to 26 June 2017.

Contractor daily rate histogram for FpML in the UK

FpML
Top 6 Contract Locations

The table below looks at the demand and provides a guide to the median contractor rates quoted in IT jobs citing FpML within the UK 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
England +22 35 £581 +10.71% 4
London -6 35 £581 +9.66% 4
Northern Ireland - 8 - -
Belfast - 8 - -
County Antrim - 8 - -
City of London -2 6 £594 +3.26% 2

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 with a requirement for FpML.

1 35 (50.00%) XML
2 31 (44.29%) Java
2 31 (44.29%) MiFID
3 30 (42.86%) Banking
4 29 (41.43%) Derivative
5 24 (34.29%) Finance
6 22 (31.43%) SQL
7 21 (30.00%) FIX Protocol
8 19 (27.14%) Spring
8 19 (27.14%) EMIR
9 17 (24.29%) OTC Derivatives
9 17 (24.29%) Unix
10 15 (21.43%) Investment Banking
10 15 (21.43%) Fixed Income
11 14 (20.00%) Agile Software Development
12 13 (18.57%) Murex
12 13 (18.57%) Dodd-Frank
13 12 (17.14%) Murex MxML
13 12 (17.14%) JMS
14 11 (15.71%) Perl
14 11 (15.71%) Business Analysis
15 10 (14.29%) Foreign Exchange (FX)
16 9 (12.86%) Maven
16 9 (12.86%) Workflow
16 9 (12.86%) Workflow Development
16 9 (12.86%) Relational Database
16 9 (12.86%) Multithreading
17 8 (11.43%) Front Office
17 8 (11.43%) Equities
17 8 (11.43%) Scrum

FpML
Co-occurring IT Skills 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 (10.00%) WebSphere
2 4 (5.71%) GemFire
2 4 (5.71%) Oracle Coherence
3 3 (4.29%) WebSphere Application Server
4 2 (2.86%) Apache Qpid
4 2 (2.86%) Confluence
4 2 (2.86%) Lightstreamer
4 2 (2.86%) WebORB
5 1 (1.43%) JBoss
5 1 (1.43%) WebLogic
Applications
1 2 (2.86%) Microsoft Excel
1 2 (2.86%) Microsoft PowerPoint
Business Applications
1 1 (1.43%) Front Arena
1 1 (1.43%) RMDS
Cloud Services
1 2 (2.86%) Amazon AWS
1 2 (2.86%) Amazon EC2
1 2 (2.86%) Amazon Kinesis
1 2 (2.86%) CloudFront
Communications & Networking
1 2 (2.86%) Firewall
1 2 (2.86%) Internet
1 2 (2.86%) SSL
1 2 (2.86%) TCP/IP
Database & Business Intelligence
1 9 (12.86%) Relational Database
2 8 (11.43%) RDBMS
3 5 (7.14%) Data Warehouse
4 4 (5.71%) SQL Server
5 2 (2.86%) Amazon RDS
5 2 (2.86%) Amazon Redshift
5 2 (2.86%) Data Mart
5 2 (2.86%) MySQL
5 2 (2.86%) Oracle Database
5 2 (2.86%) PostgreSQL
6 1 (1.43%) Big Data
6 1 (1.43%) Data Mining
6 1 (1.43%) NoSQL
Development Applications
1 9 (12.86%) Maven
2 5 (7.14%) JIRA
3 4 (5.71%) Eclipse
4 3 (4.29%) Subversion
5 2 (2.86%) Git (software)
5 2 (2.86%) Gradle
5 2 (2.86%) IntelliJ
5 2 (2.86%) JUnit
5 2 (2.86%) Visual Studio
6 1 (1.43%) Ant
6 1 (1.43%) ERwin
6 1 (1.43%) XMLSpy
General
1 30 (42.86%) Banking
2 24 (34.29%) Finance
3 15 (21.43%) Investment Banking
4 8 (11.43%) Front Office
5 3 (4.29%) Back Office
6 1 (1.43%) Financial Institution
Job Titles
1 36 (51.43%) Developer
2 27 (38.57%) Analyst
3 26 (37.14%) Business Analyst
4 20 (28.57%) Java Developer
5 11 (15.71%) Murex Developer
6 10 (14.29%) Derivatives Business Analyst
6 10 (14.29%) OTC Derivatives Analyst
6 10 (14.29%) OTC Derivatives Business Analyst
7 7 (10.00%) MiFID Business Analyst
8 6 (8.57%) Senior Developer
9 5 (7.14%) Integration Developer
9 5 (7.14%) Regulatory Business Analyst
9 5 (7.14%) Report Analyst
9 5 (7.14%) Senior Java Developer
9 5 (7.14%) Technical Analyst
9 5 (7.14%) Technical Business Analyst
10 4 (5.71%) Banking Analyst
10 4 (5.71%) Investment Banking Java Developer
10 4 (5.71%) Middleware Developer
10 4 (5.71%) XML Analyst
Libraries, Frameworks & Software Standards
1 35 (50.00%) XML
2 21 (30.00%) FIX Protocol
3 19 (27.14%) Spring
4 12 (17.14%) JMS
4 12 (17.14%) Murex MxML
5 8 (11.43%) Struts
5 8 (11.43%) XSD
6 7 (10.00%) Middleware
6 7 (10.00%) WebSphere MQ
6 7 (10.00%) XSLT
7 5 (7.14%) Apache Camel
7 5 (7.14%) HTML
7 5 (7.14%) HTML5
8 4 (5.71%) Spring Batch
8 4 (5.71%) Spring Integration
9 3 (4.29%) .NET
9 3 (4.29%) JDBC
10 2 (2.86%) CSS
10 2 (2.86%) FIXML
10 2 (2.86%) SOAP
Miscellaneous
1 29 (41.43%) Derivative
2 17 (24.29%) OTC Derivatives
3 15 (21.43%) Fixed Income
4 10 (14.29%) Foreign Exchange (FX)
5 8 (11.43%) Equities
6 4 (5.71%) Analytical Skills
7 3 (4.29%) PMI
7 3 (4.29%) Reference Data
8 2 (2.86%) Fintech
8 2 (2.86%) SWIFT
9 1 (1.43%) Credit Derivative
9 1 (1.43%) Enterprise Software
9 1 (1.43%) Equity Derivative
9 1 (1.43%) Interest Rate Derivative
Operating Systems
1 17 (24.29%) Unix
2 6 (8.57%) Linux
3 2 (2.86%) Solaris
3 2 (2.86%) Windows
Processes & Methodologies
1 14 (20.00%) Agile Software Development
2 11 (15.71%) Business Analysis
3 9 (12.86%) Multithreading
3 9 (12.86%) Workflow
3 9 (12.86%) Workflow Development
4 8 (11.43%) Scrum
5 7 (10.00%) Low Latency
5 7 (10.00%) SDLC
6 6 (8.57%) Data Modelling
6 6 (8.57%) Stakeholder Management
7 5 (7.14%) ETL
8 4 (5.71%) Change Control
8 4 (5.71%) Data Analysis
8 4 (5.71%) Data Integration
8 4 (5.71%) Defect Tracking
8 4 (5.71%) SOA
9 3 (4.29%) Analytics
9 3 (4.29%) Change Management
9 3 (4.29%) Continuous Integration
9 3 (4.29%) Programme Management
Programming Languages
1 31 (44.29%) Java
2 22 (31.43%) SQL
3 11 (15.71%) Perl
4 6 (8.57%) C#
4 6 (8.57%) C++
5 4 (5.71%) JavaScript
6 3 (4.29%) Shell Script
7 2 (2.86%) Python
7 2 (2.86%) Scala
7 2 (2.86%) XPath
8 1 (1.43%) MATLAB
8 1 (1.43%) PL/SQL
8 1 (1.43%) VB
8 1 (1.43%) VBA
8 1 (1.43%) VC++
Qualifications
1 5 (7.14%) Degree
2 3 (4.29%) PMI Certification
2 3 (4.29%) PMP
Quality Assurance & Compliance
1 31 (44.29%) MiFID
2 19 (27.14%) EMIR
3 13 (18.57%) Dodd-Frank
4 3 (4.29%) ISO 20022
4 3 (4.29%) QA
5 2 (2.86%) Data Quality
6 1 (1.43%) Solvency II
Vendors
1 13 (18.57%) Murex
2 8 (11.43%) Oracle
3 6 (8.57%) IBM
4 3 (4.29%) Calypso
4 3 (4.29%) Microsoft
4 3 (4.29%) TIBCO
5 2 (2.86%) Bloomberg
6 1 (1.43%) Fidessa
6 1 (1.43%) GoldenSource
6 1 (1.43%) ION Trading
London
TEKsystems
Rate: £500 - £550 per day
Posted: 10 hours ago
City, London
Harvey Nash plc
Rate: £400 - £435 per day + none
Posted: 5 days ago