The table below looks at the statistics for Straight-Through Processing skills in IT contracts advertised for the England 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 30 April 2016 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.

3 months to
30 Apr 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 620 594 581
Rank change year-on-year
-26 -13
Contract jobs citing Straight-Through Processing 7 4 13
As % of all contract IT jobs located in England 0.014% 0.008% 0.026%
As % of the Processes & Methodologies category 0.017% 0.010% 0.034%
Number of daily rates quoted 3 3 8
Average daily rate £638 £600 £363
Average daily rate % change year-on-year
+6.25% +65.51%
UK excluding London average daily rate - - -
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Straight-Through Processing
UK

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

Processes & Methodologies Category
England
Contract IT job ads with a match in the
Processes & Methodologies category
41826 40039 38764
As % of all contract IT jobs located in England 81.63% 78.98% 77.91%
Number of daily rates quoted 27962 25351 24614
Average daily rate £445 £420 £400
Average daily rate % change year-on-year
+5.95% +5.00%
90% offered a daily rate of more than £300 £285 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London average daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 916 1169 1134
Average hourly rate £32.25 £29.00 £30.00
Average hourly rate % change year-on-year
+11.20% -3.33%
90% offered a hourly rate of more than £12.83 £12.40 £12.50
10% offered a hourly rate of more than £47.91 £47.83 £50.00
UK excluding London average hourly rate £36.00 £30.75 £31.50
% change year-on-year
+17.07% -2.38%

Straight-Through Processing
Jobs Demand Trend in England

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

Straight-Through Processing Jobs Demand Trend in England

Straight-Through Processing
Daily Rate Trend in England

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

Straight-Through Processing Daily Rate Trend in England

Straight-Through Processing
Hourly Rate Trend in England

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

Straight-Through Processing Hourly Rate Trend in England

Straight-Through Processing
Contract Job Locations in England

The table below looks at the demand and provides a guide to the average contractor rates quoted in IT jobs citing Straight-Through Processing within the England region over the 3 months to 30 April 2016. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 3 month period last year.

Location
(Use links below to see detailed
statistics and historical trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Average
Daily Rate
Last 3 Months
Average Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -2 7 £638 +6.25% 7
Straight-Through Processing
UK

Straight-Through Processing
Top 30 Related IT Skills in England

For the 6 months to 30 April 2016, IT contractor jobs across the England 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 5 (38.46%) SQL
1 5 (38.46%) Foreign Exchange (FX)
1 5 (38.46%) User Acceptance Testing
2 4 (30.77%) Finance
2 4 (30.77%) Linux
3 3 (23.08%) C++
3 3 (23.08%) Java
3 3 (23.08%) E-Commerce
3 3 (23.08%) Front Office
3 3 (23.08%) Fixed Income
3 3 (23.08%) Performance Testing
3 3 (23.08%) Multithreading
3 3 (23.08%) Analytical Skills
4 2 (15.38%) ION MarketView
4 2 (15.38%) Spring Integration
4 2 (15.38%) Low Latency
4 2 (15.38%) Derivative
4 2 (15.38%) Wealth Management
4 2 (15.38%) Degree
4 2 (15.38%) ION Trading
4 2 (15.38%) Asset Management
4 2 (15.38%) Credit Derivative
4 2 (15.38%) Spring
4 2 (15.38%) Back Office
4 2 (15.38%) Stakeholder Management
5 1 (7.69%) GAP Analysis
5 1 (7.69%) Management Information System
5 1 (7.69%) Oracle Reports
5 1 (7.69%) Cognos
5 1 (7.69%) Control-M

Straight-Through Processing
Top Related IT Skills in England by Category

For the 6 months to 30 April 2016, IT contractor jobs across the England 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%) WebLogic
Business Applications
1 2 (15.38%) ION MarketView
2 1 (7.69%) AWD
2 1 (7.69%) Oracle Cash Management
Cloud Services
1 1 (7.69%) Amazon AWS
1 1 (7.69%) Google Cloud Platform
1 1 (7.69%) Microsoft Azure
1 1 (7.69%) PaaS
Database & Business Intelligence
1 1 (7.69%) Big Data
1 1 (7.69%) DB2
1 1 (7.69%) NoSQL
1 1 (7.69%) Oracle Reports
1 1 (7.69%) QlikView
1 1 (7.69%) SQL Server
General
1 4 (30.77%) Finance
2 3 (23.08%) Front Office
3 2 (15.38%) Back Office
4 1 (7.69%) Banking
4 1 (7.69%) Investment Banking
Job Titles
1 5 (38.46%) Developer
2 4 (30.77%) Architect
3 3 (23.08%) Analyst
3 3 (23.08%) C++ Developer
4 2 (15.38%) Business Analyst
4 2 (15.38%) Front Office Developer
4 2 (15.38%) Java Developer
4 2 (15.38%) Lead Developer
4 2 (15.38%) Lead Java Developer
4 2 (15.38%) Wealth Management Business Analyst
5 1 (7.69%) Asset Management Analyst
5 1 (7.69%) Asset Management Business Analyst
5 1 (7.69%) Automation Architect
5 1 (7.69%) Automation Consultant
5 1 (7.69%) Cloud Architect
5 1 (7.69%) FX Business Analyst
5 1 (7.69%) Production Manager
5 1 (7.69%) Support Manager
5 1 (7.69%) Technical Analyst
5 1 (7.69%) Workflow Consultant
Libraries, Frameworks & Software Standards
1 2 (15.38%) Spring
1 2 (15.38%) Spring Integration
2 1 (7.69%) AngularJS
2 1 (7.69%) CSS
2 1 (7.69%) HTML
2 1 (7.69%) HTML5
2 1 (7.69%) JSON
2 1 (7.69%) Middleware
2 1 (7.69%) REST
2 1 (7.69%) RESTful
Miscellaneous
1 5 (38.46%) Foreign Exchange (FX)
2 3 (23.08%) Analytical Skills
2 3 (23.08%) Fixed Income
3 2 (15.38%) Credit Derivative
3 2 (15.38%) Derivative
4 1 (7.69%) Computer Science
4 1 (7.69%) Enterprise Cloud
4 1 (7.69%) Equities
4 1 (7.69%) iSeries
4 1 (7.69%) Management Information System
Operating Systems
1 4 (30.77%) Linux
2 1 (7.69%) Unix
2 1 (7.69%) Windows
2 1 (7.69%) Windows Server
Processes & Methodologies
1 5 (38.46%) User Acceptance Testing
2 3 (23.08%) E-Commerce
2 3 (23.08%) Multithreading
2 3 (23.08%) Performance Testing
3 2 (15.38%) Asset Management
3 2 (15.38%) Low Latency
3 2 (15.38%) Stakeholder Management
3 2 (15.38%) Wealth Management
4 1 (7.69%) Agile Software Development
4 1 (7.69%) Application Rationalisation
4 1 (7.69%) Budget Control
4 1 (7.69%) Business Analysis
4 1 (7.69%) Cash Management
4 1 (7.69%) Collateral Management
4 1 (7.69%) DevOps
4 1 (7.69%) GAP Analysis
4 1 (7.69%) Process Architecture
4 1 (7.69%) Process Improvement
4 1 (7.69%) Technical Analysis
4 1 (7.69%) Workflow
Programming Languages
1 5 (38.46%) SQL
2 3 (23.08%) C++
2 3 (23.08%) Java
3 1 (7.69%) JavaScript
3 1 (7.69%) Perl
3 1 (7.69%) Shell Script
3 1 (7.69%) VBA
Qualifications
1 2 (15.38%) Degree
Quality Assurance & Compliance
1 1 (7.69%) QA
Systems Management
1 1 (7.69%) Control-M
1 1 (7.69%) ITRS Geneos
1 1 (7.69%) TeamSite
Vendors
1 2 (15.38%) ION Trading
2 1 (7.69%) Cognos
2 1 (7.69%) Google
2 1 (7.69%) HP
2 1 (7.69%) Infor
2 1 (7.69%) Oracle
2 1 (7.69%) SmartStream
2 1 (7.69%) Sun
2 1 (7.69%) Sybase
2 1 (7.69%) TIBCO