The first table below looks at the demand for Straight-Through Processing skills in IT contracts advertised for the 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 16 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 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
16 Apr 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 404 363 375
Rank change year-on-year
-41 +12
Contract jobs citing Straight-Through Processing 12 16 48
As % of all contract IT jobs located in London 0.048% 0.073% 0.17%
As % of the Processes & Methodologies category 0.063% 0.096% 0.23%
Number of daily rates quoted 8 14 30
Average daily rate £363 £550 £425
Average daily rate % change year-on-year
-34.06% +29.35%
90% offered a daily rate of more than £245 £455 £302
10% offered a daily rate of more than £500 £575 £633
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
London
Contract IT job ads with a match in the
Processes & Methodologies category
18963 16710 20563
As % of all contract IT jobs located in London 76.62% 76.02% 73.40%
Number of daily rates quoted 13371 11639 13426
Average daily rate £425 £450 £450
Average daily rate % change year-on-year
-5.55% -
90% offered a daily rate of more than £300 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £375 £361 £370
% change year-on-year
+4.02% -2.56%
Number of hourly rates quoted 241 231 328
Average hourly rate £23.50 £33.50 £29.00
Average hourly rate % change year-on-year
-29.85% +15.51%
90% offered a hourly rate of more than £13.50 £15.00 £15.00
10% offered a hourly rate of more than £50.00 £135.00 £45.00
UK excluding London average hourly rate £30.00 £32.00 £27.00
% change year-on-year
-6.25% +18.51%
Straight-Through Processing
England

Straight-Through Processing
Jobs Demand Trend in London

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

Straight-Through Processing Jobs Demand Trend in London

Straight-Through Processing
Daily Rate Trend in London

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

Straight-Through Processing Daily Rate Trend in London

Straight-Through Processing
Daily Rate Histogram in London

This chart provides a histogram of daily rates quoted in contract IT jobs citing Straight-Through Processing across the London region over the 3 months to 16 April 2014.

Straight-Through Processing Daily Rate Histogram in London

Straight-Through Processing
Hourly Rate Trend in London

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

Straight-Through Processing Hourly Rate Trend in London

Straight-Through Processing
Contract Job Locations in London

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 London region over the 3 months to 16 April 2014. 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
(Click each for more statistics)
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
Find
Job
Vacancies
City of London -14 6 £338 -37.50%
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 16 April 2014, IT contractor jobs across the 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 24 (80.00%) Banking
2 15 (50.00%) Investment Banking
3 13 (43.33%) Finance
4 10 (33.33%) Foreign Exchange (FX)
5 9 (30.00%) UNIX
6 8 (26.67%) Linux
6 8 (26.67%) Fixed Income
6 8 (26.67%) Equities
7 7 (23.33%) Agile Software Development
7 7 (23.33%) Front Office
7 7 (23.33%) Java
7 7 (23.33%) Internet
7 7 (23.33%) Online Banking
7 7 (23.33%) Marketing
7 7 (23.33%) Mobile Banking
8 6 (20.00%) Derivative
8 6 (20.00%) SQL
9 5 (16.67%) Change Management
9 5 (16.67%) Bloomberg
10 4 (13.33%) Reuters
10 4 (13.33%) W3C
10 4 (13.33%) RDBMS
10 4 (13.33%) CSS
10 4 (13.33%) C++
10 4 (13.33%) HTML
10 4 (13.33%) Oracle
10 4 (13.33%) Migration
10 4 (13.33%) Credit Derivative
10 4 (13.33%) WAI
10 4 (13.33%) Wealth Management

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

For the 6 months to 16 April 2014, IT contractor jobs across the 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 3 (10.00%) CMS
2 1 (3.33%) Apache
2 1 (3.33%) SharePoint
Business Applications
1 1 (3.33%) RMDS
1 1 (3.33%) Advent Geneva
Communications & Networking
1 7 (23.33%) Internet
Database & Business Intelligence
1 4 (13.33%) RDBMS
1 4 (13.33%) Relational Database
2 3 (10.00%) Oracle Database
3 1 (3.33%) Crystal Reports
3 1 (3.33%) Oracle Reports
Development Applications
1 1 (3.33%) Ant
1 1 (3.33%) WinRunner
1 1 (3.33%) ClearQuest
1 1 (3.33%) Maven
1 1 (3.33%) JIRA
1 1 (3.33%) Selenium
1 1 (3.33%) Git (software)
1 1 (3.33%) RIATest
1 1 (3.33%) Jenkins
General
1 24 (80.00%) Banking
2 15 (50.00%) Investment Banking
3 13 (43.33%) Finance
4 7 (23.33%) Front Office
4 7 (23.33%) Marketing
5 3 (10.00%) Back Office
6 1 (3.33%) Financial Institution
6 1 (3.33%) Retail
Job Titles
1 11 (36.67%) Developer
2 8 (26.67%) Analyst
3 6 (20.00%) Senior Developer
3 6 (20.00%) Business Analyst
4 4 (13.33%) C++ Developer
4 4 (13.33%) Senior C++ Developer
5 3 (10.00%) HTML Developer
5 3 (10.00%) Lead Developer
5 3 (10.00%) Project Manager
5 3 (10.00%) Copywriter
6 1 (3.33%) Gloss Business Analyst
6 1 (3.33%) Equity Derivatives Business Analyst
6 1 (3.33%) Coordinator
6 1 (3.33%) Test Analyst
6 1 (3.33%) Test Coordinator
6 1 (3.33%) Change Manager
6 1 (3.33%) Oracle Developer
6 1 (3.33%) QA Test Analyst
6 1 (3.33%) Business Project Manager
6 1 (3.33%) Business Manager
Libraries, Frameworks & Software Standards
1 4 (13.33%) HTML
1 4 (13.33%) CSS
1 4 (13.33%) jQuery
1 4 (13.33%) HTML5
1 4 (13.33%) CSS3
2 2 (6.67%) Hibernate
2 2 (6.67%) Spring
3 1 (3.33%) Apache Flex
3 1 (3.33%) XML
3 1 (3.33%) FpML
Miscellaneous
1 10 (33.33%) Foreign Exchange (FX)
2 8 (26.67%) Fixed Income
2 8 (26.67%) Equities
3 7 (23.33%) Online Banking
3 7 (23.33%) Mobile Banking
4 6 (20.00%) Derivative
5 4 (13.33%) Credit Derivative
5 4 (13.33%) W3C
5 4 (13.33%) Reference Data
6 3 (10.00%) Credit Risk
7 2 (6.67%) Copywriting
8 1 (3.33%) Equity Derivative
8 1 (3.33%) SWIFT
8 1 (3.33%) Enterprise Software
Operating Systems
1 9 (30.00%) UNIX
2 8 (26.67%) Linux
Processes & Methodologies
1 7 (23.33%) Agile Software Development
2 5 (16.67%) Change Management
3 4 (13.33%) Migration
3 4 (13.33%) Wealth Management
3 4 (13.33%) Algorithmic Trading
3 4 (13.33%) Unit Testing
3 4 (13.33%) Multithreading
3 4 (13.33%) Analytics
3 4 (13.33%) Low Latency
4 3 (10.00%) Project Management
4 3 (10.00%) Continuous Integration
4 3 (10.00%) Release Management
4 3 (10.00%) Stakeholder Management
4 3 (10.00%) Content Management
4 3 (10.00%) Business Analysis
5 2 (6.67%) Requirements Management
5 2 (6.67%) Requirements Analysis
5 2 (6.67%) Project Planning
5 2 (6.67%) Workflow
5 2 (6.67%) User Acceptance Testing
Programming Languages
1 7 (23.33%) Java
2 6 (20.00%) SQL
3 4 (13.33%) C++
4 3 (10.00%) PL/SQL
5 1 (3.33%) Perl
5 1 (3.33%) VBScript
5 1 (3.33%) VB
5 1 (3.33%) Shell Script
5 1 (3.33%) Bash Shell
Qualifications
1 1 (3.33%) ISEB
1 1 (3.33%) ISEB Practitioner
Quality Assurance & Compliance
1 4 (13.33%) WAI
2 1 (3.33%) QA
Systems Management
1 2 (6.67%) HP Quality Center
Vendors
1 5 (16.67%) Bloomberg
2 4 (13.33%) Reuters
2 4 (13.33%) Oracle
3 3 (10.00%) Calypso
4 1 (3.33%) Actuate
4 1 (3.33%) TIBCO
4 1 (3.33%) Business Objects
4 1 (3.33%) Murex
4 1 (3.33%) Advent