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 contractor rates offered in IT contracts that have cited Straight-Through Processing over the 3 months to 25 May 2016 with a comparison to the same period over 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.

3 months to
25 May 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 152 - 197
Rank change year-on-year
- 0
Contract jobs citing Straight-Through Processing 2 0 7
As % of all contract IT jobs located in the City of London 0.060% - 0.12%
As % of the Processes & Methodologies category 0.071% - 0.15%
Number of daily rates quoted 2 0 6
Median daily rate £650 - £388
90% offered a daily rate of more than £640 - £288
10% offered a daily rate of more than £660 - £583
UK excluding London median daily rate - £121 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
2819 4359 4793
As % of all contract IT jobs located in the City of London 85.09% 80.32% 80.02%
Number of daily rates quoted 2311 3428 3599
Median daily rate £475 £470 £450
Median daily rate % change year-on-year
+1.06% +4.44%
90% offered a daily rate of more than £325 £325 £300
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 24 42 42
Median hourly rate £19.00 £25.00 £21.75
Median hourly rate % change year-on-year
-24.00% +14.94%
90% offered a hourly rate of more than £12.50 £13.50 £12.40
10% offered a hourly rate of more than £26.50 £95.00 £53.50
UK excluding London median hourly rate £33.75 £30.50 £30.00
% change year-on-year
+10.65% +1.66%

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

The demand trend of contract jobs across the City of London region citing Straight-Through Processing as a proportion of all IT contracts with a match in 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
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 18 Related IT Skills in the City of London

For the 6 months to 25 May 2016, IT contractor jobs citing Straight-Through Processing also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Straight-Through Processing.

1 3 (100.00%) Fixed Income
2 2 (66.67%) ION Trading
2 2 (66.67%) Credit Derivative
2 2 (66.67%) Spring
2 2 (66.67%) Derivative
2 2 (66.67%) Java
2 2 (66.67%) SQL
2 2 (66.67%) Front Office
2 2 (66.67%) Low Latency
2 2 (66.67%) ION MarketView
2 2 (66.67%) Spring Integration
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Foreign Exchange (FX)
3 1 (33.33%) Degree
3 1 (33.33%) Computer Science
3 1 (33.33%) Wealth Management
3 1 (33.33%) Asset Management
3 1 (33.33%) Equities

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

Business Applications
1 2 (66.67%) ION MarketView
General
1 2 (66.67%) Front Office
Job Titles
1 2 (66.67%) Developer
1 2 (66.67%) Front Office Developer
1 2 (66.67%) Java Developer
1 2 (66.67%) Lead Developer
1 2 (66.67%) Lead Java Developer
2 1 (33.33%) Analyst
2 1 (33.33%) Asset Management Analyst
2 1 (33.33%) Asset Management Business Analyst
2 1 (33.33%) Business Analyst
2 1 (33.33%) FX Business Analyst
2 1 (33.33%) Wealth Management Business Analyst
Libraries, Frameworks & Software Standards
1 2 (66.67%) Spring
1 2 (66.67%) Spring Integration
Miscellaneous
1 3 (100.00%) Fixed Income
2 2 (66.67%) Credit Derivative
2 2 (66.67%) Derivative
3 1 (33.33%) Analytical Skills
3 1 (33.33%) Computer Science
3 1 (33.33%) Equities
3 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 2 (66.67%) Low Latency
2 1 (33.33%) Asset Management
2 1 (33.33%) Wealth Management
Programming Languages
1 2 (66.67%) Java
1 2 (66.67%) SQL
Qualifications
1 1 (33.33%) Degree
Vendors
1 2 (66.67%) ION Trading