FpML Contracts

Financial Products Markup Language (FpML)
UK

The table below provides summary statistics for contract job vacancies requiring FpML skills. It includes a benchmarking guide to the contractor rates offered in vacancies that cited FpML over the 6 months leading up to 1 May 2025, comparing them to the same period in the previous two years.

6 months to
1 May 2025
Same period 2024 Same period 2023
Rank 508 560 672
Rank change year-on-year +52 +112 +143
Contract jobs citing FpML 12 22 46
As % of all contract jobs advertised in the UK 0.041% 0.051% 0.077%
As % of the Libraries, Frameworks & Software Standards category 0.18% 0.25% 0.33%
Number of daily rates quoted 9 17 42
10th Percentile £285 £545 £489
25th Percentile £513 £575 £550
Median daily rate (50th Percentile) £650 £625 £600
Median % change year-on-year +4.00% +4.17% -7.69%
75th Percentile £711 £650 £738
90th Percentile £825 £725 £1,009
UK excluding London median daily rate £650 - -

All Software Libraries and Frameworks
UK

FpML falls under the Software Libraries and Frameworks category. For comparison with the information above, the following table provides summary statistics for all contract job vacancies requiring technical specification, industry standards, software libraries and framework skills.

Contract vacancies with a requirement for technical specification, industry standards, software libraries and framework skills 6,644 8,946 13,890
As % of all contract IT jobs advertised in the UK 22.70% 20.54% 23.27%
Number of daily rates quoted 4,558 6,207 10,141
10th Percentile £363 £338 £400
25th Percentile £425 £425 £463
Median daily rate (50th Percentile) £525 £530 £550
Median % change year-on-year -0.94% -3.64% -
75th Percentile £650 £650 £675
90th Percentile £780 £771 £775
UK excluding London median daily rate £490 £500 £500
% change year-on-year -2.00% - -
Number of hourly rates quoted 112 233 153
10th Percentile £27.14 £21.25 £31.60
25th Percentile £48.25 £40.00 £48.50
Median hourly rate £65.00 £46.18 £65.00
Median % change year-on-year +40.75% -28.95% +32.65%
75th Percentile £68.75 £65.00 £75.00
90th Percentile £82.87 £74.89 £80.25
UK excluding London median hourly rate £65.00 £47.50 £64.00
% change year-on-year +36.84% -25.78% +30.61%

FpML
Job Vacancy Trend

Job postings citing FpML as a proportion of all IT jobs advertised.

Job vacancy trend for FpML in the UK

FpML
Contractor Daily Rate Trend

3-month moving average daily rate quoted in jobs citing FpML.

Daily rate trend for FpML in the UK

FpML
Daily Rate Histogram

Daily rate distribution for jobs citing FpML over the 6 months to 1 May 2025.

Daily rate histogram for FpML in the UK

FpML
Top 8 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 6 months to 1 May 2025. 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
Jobs
England +48 12 £650 +4.00% 5
London +27 10 £595 -4.80% 4
Work from Home +40 3 £468 -27.52%
UK excluding London - 2 £650 - 1
North of England - 2 £650 -
Yorkshire - 2 £650 -
Midlands - 2 £650 -
West Midlands - 2 £650 -

FpML
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 1 (8.33%) MQSeries
Applications
1 2 (16.67%) Microsoft Excel
1 2 (16.67%) MS Visio
1 2 (16.67%) Notepad++
Business Applications
1 2 (16.67%) Sparx Enterprise Architect
Database & Business Intelligence
1 2 (16.67%) SQL Server
Development Applications
1 2 (16.67%) ERwin
1 2 (16.67%) MagicDraw
1 2 (16.67%) XMLSpy
2 1 (8.33%) Git
2 1 (8.33%) Jenkins
General
1 6 (50.00%) Analytical Skills
1 6 (50.00%) Finance
2 5 (41.67%) Banking
3 4 (33.33%) Back Office
3 4 (33.33%) Social Skills
4 1 (8.33%) Corporate Banking
4 1 (8.33%) Investment Banking
4 1 (8.33%) Organisational Skills
Job Titles
1 9 (75.00%) Analyst
2 6 (50.00%) Business Analyst
3 4 (33.33%) Senior
3 4 (33.33%) Senior Analyst
3 4 (33.33%) Senior Business Analyst
4 2 (16.67%) Data Analyst
4 2 (16.67%) Data Modeller
5 1 (8.33%) Banking Analyst
5 1 (8.33%) C++ Developer
5 1 (8.33%) Developer
5 1 (8.33%) Middle Office Analyst
5 1 (8.33%) Regulatory Business Analyst
5 1 (8.33%) Technical Analyst
5 1 (8.33%) Technical Business Analyst
5 1 (8.33%) Test Analyst
Libraries, Frameworks & Software Standards
1 9 (75.00%) XML
2 5 (41.67%) FIX Protocol
3 2 (16.67%) JSON
4 1 (8.33%) .NET
4 1 (8.33%) .NET Core
4 1 (8.33%) .NET Framework
4 1 (8.33%) Boost C++ Libraries
4 1 (8.33%) Rendezvous
4 1 (8.33%) STL
Miscellaneous
1 3 (25.00%) Foreign Exchange (FX)
1 3 (25.00%) Management Information System
1 3 (25.00%) Reference Data
2 2 (16.67%) Derivative
2 2 (16.67%) DTCC
2 2 (16.67%) OTC Derivatives
2 2 (16.67%) SWIFT Messaging Network
3 1 (8.33%) Legacy Systems
Operating Systems
1 1 (8.33%) Windows
Processes & Methodologies
1 5 (41.67%) Business Analysis
1 5 (41.67%) Migration
1 5 (41.67%) Requirements Gathering
2 4 (33.33%) Data Modelling
3 3 (25.00%) Agile
3 3 (25.00%) Data Analysis
3 3 (25.00%) E-Commerce
3 3 (25.00%) Electronic Trading
3 3 (25.00%) Functional Testing
3 3 (25.00%) Service Delivery
3 3 (25.00%) System Integration Testing
3 3 (25.00%) TDD
3 3 (25.00%) User Acceptance Testing
4 2 (16.67%) Analytics
4 2 (16.67%) Conceptual Models
4 2 (16.67%) Data Lineage
4 2 (16.67%) Data Migration
4 2 (16.67%) Logical Data Model
4 2 (16.67%) Regulatory Change
4 2 (16.67%) Work Breakdown Structure
Programming Languages
1 10 (83.33%) SQL
2 3 (25.00%) Python
3 1 (8.33%) C#
3 1 (8.33%) C++
Quality Assurance & Compliance
1 5 (41.67%) QA
2 2 (16.67%) EMIR
2 2 (16.67%) MiFID
3 1 (8.33%) ISO 9001
Systems Management
1 1 (8.33%) Ansible
Vendors
1 2 (16.67%) Oracle
1 2 (16.67%) Sparx
2 1 (8.33%) IBM
2 1 (8.33%) Microsoft
2 1 (8.33%) TIBCO