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 24 October 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
24 Oct 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 205 215 203
Rank change year-on-year
+10 -12
Contract jobs citing Straight-Through Processing 2 7 16
As % of all contract IT jobs located in the City of London 0.033% 0.096% 0.23%
As % of the Processes & Methodologies category 0.043% 0.13% 0.30%
Number of daily rates quoted 2 7 15
Average daily rate
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of your Daily Rate
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£505 £525 £538
Average daily rate % change year-on-year
-3.80% -2.32%
90% offered a daily rate of more than £417 £505 £240
10% offered a daily rate of more than £593 £535 £600
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
4598 5565 5312
As % of all contract IT jobs located in the City of London 76.84% 76.54% 75.33%
Number of daily rates quoted 3552 4106 3940
Average daily rate £450 £450 £450
90% offered a daily rate of more than £313 £313 £300
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 41 74 90
Average hourly rate £16.00 £21.00 £34.50
Average hourly rate % change year-on-year
-23.80% -39.13%
90% offered a hourly rate of more than £10.50 £13.00 £16.37
10% offered a hourly rate of more than £29.00 £52.82 £53.38
UK excluding London average hourly rate £25.38 £29.00 £26.90
% change year-on-year
-12.50% +7.80%

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 24 October 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 24 October 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 4 (100.00%) Finance
2 3 (75.00%) Front Office
3 2 (50.00%) Banking
3 2 (50.00%) Derivative
4 1 (25.00%) TIBCO EMS
4 1 (25.00%) Computer Science
4 1 (25.00%) Fund Management
4 1 (25.00%) User Acceptance Testing
4 1 (25.00%) Time Management
4 1 (25.00%) Reference Data
4 1 (25.00%) Relational Database
4 1 (25.00%) Analytical Skills
4 1 (25.00%) Asset Management
4 1 (25.00%) RMDS
4 1 (25.00%) Risk Management
4 1 (25.00%) Migration
4 1 (25.00%) Stakeholder Management
4 1 (25.00%) Fixed Income
4 1 (25.00%) Equities
4 1 (25.00%) Agile Software Development
4 1 (25.00%) Java
4 1 (25.00%) SQL
4 1 (25.00%) Oracle
4 1 (25.00%) Sybase
4 1 (25.00%) Windows
4 1 (25.00%) Solaris
4 1 (25.00%) Linux
4 1 (25.00%) JMS
4 1 (25.00%) Foreign Exchange (FX)
4 1 (25.00%) TIBCO

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

For the 6 months to 24 October 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
Business Applications
1 1 (25.00%) RMDS
Database & Business Intelligence
1 1 (25.00%) Relational Database
General
1 4 (100.00%) Finance
2 3 (75.00%) Front Office
3 2 (50.00%) Banking
Job Titles
1 2 (50.00%) Project Manager
2 1 (25.00%) Test Coordinator
2 1 (25.00%) IT Project Manager
2 1 (25.00%) Coordinator
Libraries, Frameworks & Software Standards
1 1 (25.00%) JMS
Miscellaneous
1 2 (50.00%) Derivative
2 1 (25.00%) Computer Science
2 1 (25.00%) Reference Data
2 1 (25.00%) Analytical Skills
2 1 (25.00%) Foreign Exchange (FX)
2 1 (25.00%) Fixed Income
2 1 (25.00%) Equities
Operating Systems
1 1 (25.00%) Windows
1 1 (25.00%) Solaris
1 1 (25.00%) Linux
Processes & Methodologies
1 1 (25.00%) Project Management
1 1 (25.00%) Risk Management
1 1 (25.00%) Migration
1 1 (25.00%) Stakeholder Management
1 1 (25.00%) Agile Software Development
1 1 (25.00%) Asset Management
1 1 (25.00%) Fund Management
1 1 (25.00%) User Acceptance Testing
1 1 (25.00%) Time Management
Programming Languages
1 1 (25.00%) Java
1 1 (25.00%) SQL
Vendors
1 1 (25.00%) Oracle
1 1 (25.00%) Sybase
1 1 (25.00%) TIBCO