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 24 February 2017 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
24 Feb 2017
Same period 2016 Same period 2015
Straight-Through Processing
London / City of London
Rank - 152 189
Contract jobs citing Straight-Through Processing 0 1 3
As % of all contract IT jobs located in the City of London - 0.031% 0.058%
As % of the Processes & Methodologies category - 0.036% 0.070%
Number of daily rates quoted 0 1 3
Median daily rate - £638 £600
Median daily rate % change year-on-year
- +6.25%
UK excluding London median daily rate £425 £575 -
% change year-on-year
-26.08% -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

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
2518 2776 4300
As % of all contract IT jobs located in the City of London 84.98% 86.83% 82.92%
Number of daily rates quoted 1989 2205 3354
Median daily rate £500 £475 £450
Median daily rate % change year-on-year
+5.26% +5.55%
90% offered a daily rate of more than £350 £325 £313
10% offered a daily rate of more than £625 £625 £625
UK excluding London median daily rate £408 £400 £400
% change year-on-year
+1.87% -
Number of hourly rates quoted 15 28 33
Median hourly rate £21.75 £22.00 £22.69
Median hourly rate % change year-on-year
-1.13% -3.04%
90% offered a hourly rate of more than £13.50 £13.00 £13.40
10% offered a hourly rate of more than £80.00 £53.00 £45.50
UK excluding London median hourly rate £36.00 £40.00 £27.50
% change year-on-year
-10.00% +45.45%

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
Top 8 Related IT Skills in the City of London

For the 6 months to 24 February 2017, 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 1 (100.00%) SQL
1 1 (100.00%) E-Commerce
1 1 (100.00%) B2C
1 1 (100.00%) Agile Software Development
1 1 (100.00%) Business Analysis
1 1 (100.00%) JIRA
1 1 (100.00%) Waterfall
1 1 (100.00%) Analytical Skills

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:

Development Applications
1 1 (100.00%) JIRA
Job Titles
1 1 (100.00%) Analyst
1 1 (100.00%) Business Analyst
1 1 (100.00%) Digital Analyst
1 1 (100.00%) Digital Business Analyst
Miscellaneous
1 1 (100.00%) Analytical Skills
Processes & Methodologies
1 1 (100.00%) Agile Software Development
1 1 (100.00%) B2C
1 1 (100.00%) Business Analysis
1 1 (100.00%) E-Commerce
1 1 (100.00%) Waterfall
Programming Languages
1 1 (100.00%) SQL