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 24 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
24 Mar 2017
Same period 2016 Same period 2015
Financial Products Markup Language (FpML)
UK
Rank 568 611 594
Rank change year-on-year +43 -17  
Contract jobs citing FpML 28 31 27
As % of all contract IT jobs advertised in the UK 0.062% 0.058% 0.051%
As % of the Libraries, Frameworks & Software Standards category 0.20% 0.21% 0.19%
Number of daily rates quoted 19 20 25
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 £390
10% offered a daily rate of more than £699 £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 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 14206 14834 13989
As % of all contract IT job vacancies advertised in the UK 31.36% 27.99% 26.58%
Number of daily rates quoted 9854 10283 9074
Median daily rate £425 £400 £388
Median daily rate % change year-on-year +6.25% +3.22%  
90% offered a daily rate of more than £300 £300 £278
10% offered a daily rate of more than £563 £550 £550
UK excluding London median daily rate £375 £363 £350
% change year-on-year +3.44% +3.57%  
Number of hourly rates quoted 183 227 189
Median hourly rate £42.00 £38.75 £35.00
Median hourly rate % change year-on-year +8.38% +10.71%  
90% offered a hourly rate of more than £16.00 £13.80 £20.00
10% offered a hourly rate of more than £55.00 £57.75 £47.15
UK excluding London median hourly rate £40.00 £38.00 £36.00
% change year-on-year +5.26% +5.55%  

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 24 March 2017.

Contractor daily rate histogram for FpML in the UK

FpML
Top 7 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 24 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
England +29 26 £538 -2.27% 2
London +23 26 £538 -2.27% 2
City of London +3 9 £581 +5.68% 1
Northern Ireland - 2 - -
Belfast - 2 - -
County Antrim - 2 - -
Docklands, London - 1 £550 -

FpML
Top 30 Related IT Skills

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

1 28 (58.33%) FIX Protocol
2 26 (54.17%) Finance
3 25 (52.08%) XML
4 21 (43.75%) MiFID
4 21 (43.75%) Banking
5 17 (35.42%) Java
6 16 (33.33%) Business Analysis
7 15 (31.25%) Derivative
7 15 (31.25%) Fixed Income
8 13 (27.08%) SQL
9 12 (25.00%) Investment Banking
10 11 (22.92%) Foreign Exchange (FX)
11 10 (20.83%) XSD
11 10 (20.83%) SQL Server
11 10 (20.83%) Linux
12 9 (18.75%) Reference Data
12 9 (18.75%) Agile Software Development
12 9 (18.75%) Front Office
12 9 (18.75%) OTC Derivatives
13 8 (16.67%) EMIR
13 8 (16.67%) Low Latency
13 8 (16.67%) Equities
14 7 (14.58%) QA
14 7 (14.58%) XSLT
14 7 (14.58%) Analytical Skills
15 6 (12.50%) SDLC
15 6 (12.50%) HTML
15 6 (12.50%) Windows
15 6 (12.50%) JMS
15 6 (12.50%) Bloomberg

FpML
Top Related 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 3 (6.25%) GemFire
1 3 (6.25%) Oracle Coherence
2 2 (4.17%) Apache Qpid
2 2 (4.17%) Confluence
2 2 (4.17%) Lightstreamer
2 2 (4.17%) WebORB
2 2 (4.17%) WebSphere
3 1 (2.08%) JBoss
3 1 (2.08%) WebLogic
3 1 (2.08%) WebSphere Application Server
Applications
1 2 (4.17%) MS Excel
1 2 (4.17%) MS PowerPoint
Business Applications
1 1 (2.08%) Bloomberg TOMS
1 1 (2.08%) RMDS
Cloud Services
1 2 (4.17%) Amazon AWS
1 2 (4.17%) Amazon EC2
1 2 (4.17%) Amazon Kinesis
1 2 (4.17%) CloudFront
Communications & Networking
1 2 (4.17%) Firewall
1 2 (4.17%) Internet
1 2 (4.17%) SSL
1 2 (4.17%) TCP/IP
Database & Business Intelligence
1 10 (20.83%) SQL Server
2 4 (8.33%) Data Warehouse
3 3 (6.25%) MySQL
4 2 (4.17%) Amazon RDS
4 2 (4.17%) Amazon Redshift
5 1 (2.08%) Big Data
5 1 (2.08%) Data Mart
5 1 (2.08%) Data Mining
5 1 (2.08%) NoSQL
5 1 (2.08%) Oracle Database
Development Applications
1 5 (10.42%) Maven
2 3 (6.25%) JIRA
3 2 (4.17%) Eclipse
3 2 (4.17%) Visual Studio
4 1 (2.08%) ERwin
General
1 26 (54.17%) Finance
2 21 (43.75%) Banking
3 12 (25.00%) Investment Banking
4 9 (18.75%) Front Office
5 5 (10.42%) Back Office
Job Titles
1 21 (43.75%) Business Analyst
2 19 (39.58%) Analyst
2 19 (39.58%) Developer
3 14 (29.17%) Java Developer
4 10 (20.83%) MiFID Business Analyst
5 8 (16.67%) Technical Analyst
5 8 (16.67%) Technical Business Analyst
6 7 (14.58%) Architect
7 5 (10.42%) Data Architect
7 5 (10.42%) Derivatives Business Analyst
7 5 (10.42%) OTC Derivatives Analyst
7 5 (10.42%) OTC Derivatives Business Analyst
7 5 (10.42%) Senior Developer
8 4 (8.33%) Banking Analyst
8 4 (8.33%) Front Office Business Analyst
8 4 (8.33%) Senior Java Developer
9 3 (6.25%) FIX Analyst
9 3 (6.25%) Investment Banking Java Developer
9 3 (6.25%) Murex Developer
9 3 (6.25%) Report Analyst
Libraries, Frameworks & Software Standards
1 28 (58.33%) FIX Protocol
2 25 (52.08%) XML
3 10 (20.83%) XSD
4 7 (14.58%) XSLT
5 6 (12.50%) HTML
5 6 (12.50%) JMS
6 5 (10.42%) Spring
7 4 (8.33%) Apache Camel
7 4 (8.33%) FIXML
7 4 (8.33%) HTML5
7 4 (8.33%) Middleware
8 3 (6.25%) .NET
8 3 (6.25%) CSS
8 3 (6.25%) CSS3
8 3 (6.25%) Hibernate
8 3 (6.25%) jQuery
8 3 (6.25%) Murex MxML
8 3 (6.25%) Spring Batch
8 3 (6.25%) Spring Integration
9 2 (4.17%) JSON
Miscellaneous
1 15 (31.25%) Derivative
1 15 (31.25%) Fixed Income
2 11 (22.92%) Foreign Exchange (FX)
3 9 (18.75%) OTC Derivatives
3 9 (18.75%) Reference Data
4 8 (16.67%) Equities
5 7 (14.58%) Analytical Skills
6 4 (8.33%) Taxonomies
7 2 (4.17%) Fintech
7 2 (4.17%) SWIFT
8 1 (2.08%) DTCC
Operating Systems
1 10 (20.83%) Linux
2 6 (12.50%) Windows
3 4 (8.33%) Unix
4 1 (2.08%) Solaris
Processes & Methodologies
1 16 (33.33%) Business Analysis
2 9 (18.75%) Agile Software Development
3 8 (16.67%) Low Latency
4 6 (12.50%) Multithreading
4 6 (12.50%) SDLC
5 5 (10.42%) Data Modelling
5 5 (10.42%) Project Management
6 4 (8.33%) Change Management
6 4 (8.33%) ETL
7 3 (6.25%) Analytics
7 3 (6.25%) Change Control
7 3 (6.25%) Data Integration
7 3 (6.25%) Defect Tracking
7 3 (6.25%) SOA
7 3 (6.25%) Stakeholder Management
7 3 (6.25%) Test Strategy
8 2 (4.17%) Data Mapping
8 2 (4.17%) Defensive Programming
8 2 (4.17%) KYC
8 2 (4.17%) Product Management
Programming Languages
1 17 (35.42%) Java
2 13 (27.08%) SQL
3 5 (10.42%) C#
3 5 (10.42%) JavaScript
4 4 (8.33%) C++
5 2 (4.17%) Perl
5 2 (4.17%) Scala
6 1 (2.08%) MATLAB
6 1 (2.08%) PL/SQL
6 1 (2.08%) Python
6 1 (2.08%) Shell Script
6 1 (2.08%) VC++
Qualifications
1 4 (8.33%) Degree
Quality Assurance & Compliance
1 21 (43.75%) MiFID
2 8 (16.67%) EMIR
3 7 (14.58%) QA
4 3 (6.25%) ISO20022
5 2 (4.17%) Dodd-Frank
6 1 (2.08%) Data Quality
6 1 (2.08%) Solvency II
Vendors
1 6 (12.50%) Bloomberg
2 5 (10.42%) Fidessa
3 4 (8.33%) Oracle
4 3 (6.25%) IBM
4 3 (6.25%) Microsoft
4 3 (6.25%) Murex
5 1 (2.08%) ION Trading
5 1 (2.08%) TIBCO
London
Harrington Starr
Rate: £500 - £700 per day
Posted: 3 days ago