The table below looks at the statistics for Straight-Through Processing skills in IT contracts advertised for the City of London region. Included is a guide to the average contractor rates offered in IT contracts that have cited Straight-Through Processing over the 3 months to 25 November 2014 with a comparison to the same period in the previous 2 years.

Note that daily contractor rates and hourly contractor rates are treated separately. When calculating average contractor rates, daily rates are not derived from quoted hourly rates or vice versa.

Location
3 months to
25 Nov 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 195 214 199
Rank change year-on-year
+19 -15
Contract jobs citing Straight-Through Processing 4 10 11
As % of all contract IT jobs located in the City of London 0.069% 0.14% 0.17%
As % of the Processes & Methodologies category 0.089% 0.18% 0.22%
Number of daily rates quoted 4 10 10
Average daily rate
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£473 £525 £538
Average daily rate % change year-on-year
-10.00% -2.32%
90% offered a daily rate of more than £290 £470 £426
10% offered a daily rate of more than £596 £525 £607
UK excluding London average daily rate - £455 -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Straight-Through Processing
London

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised in the City of London region.

Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4512 5452 4917
As % of all contract IT jobs located in the City of London 77.71% 76.83% 75.38%
Number of daily rates quoted 3522 4040 3704
Average daily rate £450 £450 £450
90% offered a daily rate of more than £310 £313 £300
10% offered a daily rate of more than £625 £613 £600
UK excluding London average daily rate £385 £363 £370
% change year-on-year
+6.20% -2.02%
Number of hourly rates quoted 46 72 76
Average hourly rate £18.00 £21.50 £31.00
Average hourly rate % change year-on-year
-16.27% -30.64%
90% offered a hourly rate of more than £11.20 £11.50 £16.02
10% offered a hourly rate of more than £39.35 £45.00 £53.38
UK excluding London average hourly rate £25.00 £29.40 £29.00
% change year-on-year
-14.96% +1.37%

Straight-Through Processing
Jobs Demand Trend in the City of London

This chart provides a 3-month moving total of IT contractor jobs citing Straight-Through Processing across the City of London region as a proportion of the total demand within the Processes & Methodologies category.

Straight-Through Processing Jobs Demand Trend in the City of London

Straight-Through Processing
Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Straight-Through Processing across the City of London region.

Straight-Through Processing Daily Rate Trend in the City of London

Straight-Through Processing
Daily Rate Histogram in the City of London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Straight-Through Processing across the City of London region over the 3 months to 25 November 2014.

Straight-Through Processing Daily Rate Histogram in the City of London

Straight-Through Processing
Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Straight-Through Processing across the City of London region.

Straight-Through Processing Hourly Rate Trend in the City of London

Straight-Through Processing
Top 30 Related IT Skills in the City of London

For the 6 months to 25 November 2014, IT contractor jobs across the City of London region citing Straight-Through Processing also mentioned the following IT skills in order of popularity. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Straight-Through Processing.

1 3 (75.00%) Finance
2 2 (50.00%) Java
2 2 (50.00%) SQL
2 2 (50.00%) Oracle
3 1 (25.00%) Sybase
3 1 (25.00%) Windows
3 1 (25.00%) Solaris
3 1 (25.00%) Linux
3 1 (25.00%) Swing
3 1 (25.00%) MS Excel
3 1 (25.00%) JMS
3 1 (25.00%) MS Visio
3 1 (25.00%) Fidessa
3 1 (25.00%) SunGard
3 1 (25.00%) ISEB
3 1 (25.00%) Foreign Exchange (FX)
3 1 (25.00%) TIBCO
3 1 (25.00%) Middleware
3 1 (25.00%) Front Office
3 1 (25.00%) Risk Management
3 1 (25.00%) Fixed Income
3 1 (25.00%) Equities
3 1 (25.00%) Asset Management
3 1 (25.00%) RMDS
3 1 (25.00%) Business Analysis
3 1 (25.00%) TIBCO EMS
3 1 (25.00%) JIRA
3 1 (25.00%) FIX Protocol
3 1 (25.00%) Computer Science
3 1 (25.00%) Fund Management

Straight-Through Processing
Top Related IT Skills in the City of London by Category

For the 6 months to 25 November 2014, IT contractor jobs across the City of London region citing Straight-Through Processing also mentioned the following IT skills grouped by category. The figures indicate the number of jobs and their proportion against the total number of contract IT job ads sampled that cited Straight-Through Processing. Up to 20 skills are shown per category.

Application Platforms
1 1 (25.00%) TIBCO EMS
Applications
1 1 (25.00%) MS Excel
1 1 (25.00%) MS Visio
Business Applications
1 1 (25.00%) RMDS
Database & Business Intelligence
1 1 (25.00%) Relational Database
Development Applications
1 1 (25.00%) JIRA
General
1 3 (75.00%) Finance
2 1 (25.00%) Front Office
Job Titles
1 1 (25.00%) Coordinator
1 1 (25.00%) Business Analyst
1 1 (25.00%) Developer
1 1 (25.00%) Analyst
1 1 (25.00%) Test Coordinator
1 1 (25.00%) Java Developer
1 1 (25.00%) Java Swing Developer
Libraries, Frameworks & Software Standards
1 1 (25.00%) Swing
1 1 (25.00%) JMS
1 1 (25.00%) Middleware
1 1 (25.00%) FIX Protocol
Miscellaneous
1 1 (25.00%) Foreign Exchange (FX)
1 1 (25.00%) Fixed Income
1 1 (25.00%) Equities
1 1 (25.00%) Computer Science
1 1 (25.00%) Reference Data
Operating Systems
1 1 (25.00%) Windows
1 1 (25.00%) Solaris
1 1 (25.00%) Linux
Processes & Methodologies
1 1 (25.00%) Risk Management
1 1 (25.00%) Asset Management
1 1 (25.00%) Business Analysis
1 1 (25.00%) Fund Management
1 1 (25.00%) User Acceptance Testing
1 1 (25.00%) Multithreading
1 1 (25.00%) Electronic Trading
Programming Languages
1 2 (50.00%) Java
1 2 (50.00%) SQL
Qualifications
1 1 (25.00%) ISEB
Vendors
1 2 (50.00%) Oracle
2 1 (25.00%) Sybase
2 1 (25.00%) Fidessa
2 1 (25.00%) SunGard
2 1 (25.00%) TIBCO
City, London
Absolute Solution Limited
Rate: From £255 to £255 per day - 6 month contract
Posted: 5 days ago