The first table below looks at the demand 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 17 April 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category for the City of London region.

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
17 Apr 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 204 190 204
Rank change year-on-year
-14 +14
Contract jobs citing Straight-Through Processing 6 10 19
As % of all contract IT jobs located in the City of London 0.093% 0.16% 0.23%
As % of the Processes & Methodologies category 0.12% 0.21% 0.32%
Number of daily rates quoted 4 9 14
Average daily rate £338 £540 £438
Average daily rate % change year-on-year
-37.50% +23.42%
90% offered a daily rate of more than £273 £505 £391
10% offered a daily rate of more than £403 £575 £618
UK excluding London average daily rate - £418 £425
% change year-on-year
- -1.76%
Number of hourly rates quoted 0 0 1
Average hourly rate - - £50.00
UK excluding London average hourly rate - - -
Processes & Methodologies Category
City of London
Contract IT job ads with a match in the
Processes & Methodologies category
4907 4653 5878
As % of all contract IT jobs located in the City of London 75.91% 74.92% 72.68%
Number of daily rates quoted 3585 3559 4141
Average daily rate £450 £450 £451
Average daily rate % change year-on-year
- -0.11%
90% offered a daily rate of more than £300 £313 £313
10% offered a daily rate of more than £625 £600 £625
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 45 51 92
Average hourly rate £24.00 £135.00 £25.00
Average hourly rate % change year-on-year
-82.22% +440.00%
90% offered a hourly rate of more than £13.17 £17.15 £13.00
10% offered a hourly rate of more than £47.50 £135.00 £49.02
UK excluding London average hourly rate £30.00 £32.00 £27.50
% change year-on-year
-6.25% +16.36%
Straight-Through Processing
London

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 17 April 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 17 April 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 12 (92.31%) Banking
2 6 (46.15%) Foreign Exchange (FX)
2 6 (46.15%) Investment Banking
3 5 (38.46%) Equities
3 5 (38.46%) Java
3 5 (38.46%) UNIX
4 4 (30.77%) Linux
4 4 (30.77%) C++
4 4 (30.77%) HTML
4 4 (30.77%) CSS
4 4 (30.77%) W3C
4 4 (30.77%) Internet
4 4 (30.77%) Finance
4 4 (30.77%) Online Banking
4 4 (30.77%) Marketing
4 4 (30.77%) WAI
4 4 (30.77%) Algorithmic Trading
4 4 (30.77%) jQuery
4 4 (30.77%) Multithreading
4 4 (30.77%) HTML5
4 4 (30.77%) CSS3
4 4 (30.77%) Mobile Banking
4 4 (30.77%) Low Latency
5 3 (23.08%) Unit Testing
5 3 (23.08%) Continuous Integration
6 2 (15.38%) Agile Software Development
6 2 (15.38%) Migration
6 2 (15.38%) Fixed Income
6 2 (15.38%) Front Office
6 2 (15.38%) Back Office

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

For the 6 months to 17 April 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 (7.69%) Apache
1 1 (7.69%) SharePoint
Communications & Networking
1 4 (30.77%) Internet
Database & Business Intelligence
1 1 (7.69%) Crystal Reports
1 1 (7.69%) Oracle Reports
1 1 (7.69%) RDBMS
1 1 (7.69%) Relational Database
Development Applications
1 1 (7.69%) Ant
1 1 (7.69%) Maven
1 1 (7.69%) Selenium
1 1 (7.69%) Git (software)
1 1 (7.69%) Jenkins
General
1 12 (92.31%) Banking
2 6 (46.15%) Investment Banking
3 4 (30.77%) Marketing
3 4 (30.77%) Finance
4 2 (15.38%) Front Office
4 2 (15.38%) Back Office
5 1 (7.69%) Financial Institution
5 1 (7.69%) Retail
Job Titles
1 8 (61.54%) Developer
2 6 (46.15%) Senior Developer
3 4 (30.77%) C++ Developer
3 4 (30.77%) Senior C++ Developer
4 3 (23.08%) HTML Developer
5 1 (7.69%) Test Coordinator
5 1 (7.69%) Analyst
5 1 (7.69%) Coordinator
5 1 (7.69%) Project Manager
5 1 (7.69%) Business Analyst
Libraries, Frameworks & Software Standards
1 4 (30.77%) HTML
1 4 (30.77%) CSS
1 4 (30.77%) jQuery
1 4 (30.77%) HTML5
1 4 (30.77%) CSS3
2 1 (7.69%) Hibernate
2 1 (7.69%) Spring
Miscellaneous
1 6 (46.15%) Foreign Exchange (FX)
2 5 (38.46%) Equities
3 4 (30.77%) Online Banking
3 4 (30.77%) W3C
3 4 (30.77%) Mobile Banking
4 2 (15.38%) Fixed Income
5 1 (7.69%) Reference Data
5 1 (7.69%) SWIFT
Operating Systems
1 5 (38.46%) UNIX
2 4 (30.77%) Linux
Processes & Methodologies
1 4 (30.77%) Algorithmic Trading
1 4 (30.77%) Multithreading
1 4 (30.77%) Low Latency
2 3 (23.08%) Unit Testing
2 3 (23.08%) Continuous Integration
3 2 (15.38%) Agile Software Development
3 2 (15.38%) Migration
4 1 (7.69%) Stakeholder Management
4 1 (7.69%) ITIL
4 1 (7.69%) Workflow
4 1 (7.69%) Validation
4 1 (7.69%) Data Management
4 1 (7.69%) Fund Management
Programming Languages
1 5 (38.46%) Java
2 4 (30.77%) C++
3 2 (15.38%) SQL
4 1 (7.69%) Bash Shell
Quality Assurance & Compliance
1 4 (30.77%) WAI
Systems Management
1 1 (7.69%) HP Quality Center
Vendors
1 1 (7.69%) Oracle
1 1 (7.69%) Business Objects
1 1 (7.69%) Calypso
1 1 (7.69%) Actuate
1 1 (7.69%) Reuters
1 1 (7.69%) Bloomberg