The table below looks at the statistics 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 30 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
30 Oct 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 411 394 370
Rank change year-on-year
-17 -24
Contract jobs citing Straight-Through Processing 8 25 32
As % of all contract IT jobs located in London 0.033% 0.10% 0.13%
As % of the Processes & Methodologies category 0.042% 0.13% 0.18%
Number of daily rates quoted 5 19 29
Average daily rate
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of your Daily Rate
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£400 £525 £450
Average daily rate % change year-on-year
-23.80% +16.66%
90% offered a daily rate of more than £383 £222 £204
10% offered a daily rate of more than £559 £624 £610
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
England

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

Processes & Methodologies Category
London
Contract IT job ads with a match in the
Processes & Methodologies category
19008 19421 18043
As % of all contract IT jobs located in London 77.36% 77.81% 75.63%
Number of daily rates quoted 13881 13625 12368
Average daily rate £450 £450 £450
90% offered a daily rate of more than £301 £300 £300
10% offered a daily rate of more than £611 £600 £600
UK excluding London average daily rate £378 £363 £368
% change year-on-year
+4.13% -1.36%
Number of hourly rates quoted 246 238 294
Average hourly rate £22.50 £21.50 £31.00
Average hourly rate % change year-on-year
+4.65% -30.64%
90% offered a hourly rate of more than £12.00 £13.00 £13.50
10% offered a hourly rate of more than £53.50 £55.00 £51.50
UK excluding London average hourly rate £25.00 £27.50 £27.50
% change year-on-year
-9.09% -

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 30 October 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 30 October 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
(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
City of London +19 2 £505 -3.80% 1
Croydon - - - -
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 30 October 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 10 (71.43%) Finance
2 8 (57.14%) Banking
3 6 (42.86%) Agile Software Development
4 5 (35.71%) User Acceptance Testing
5 4 (28.57%) Front Office
5 4 (28.57%) C#
5 4 (28.57%) Derivative
5 4 (28.57%) WPF
6 3 (21.43%) Market Making
6 3 (21.43%) Asset Management
6 3 (21.43%) Test Planning
6 3 (21.43%) Workflow
6 3 (21.43%) MS PowerPoint
6 3 (21.43%) Fund Management
6 3 (21.43%) Electronic Trading
6 3 (21.43%) Oracle
6 3 (21.43%) SQL Server
6 3 (21.43%) PRINCE2
6 3 (21.43%) UML
6 3 (21.43%) MS Visio
6 3 (21.43%) Project Management
7 2 (14.29%) Solaris
7 2 (14.29%) Linux
7 2 (14.29%) C++
7 2 (14.29%) Java
7 2 (14.29%) SQL
7 2 (14.29%) Investment Management
7 2 (14.29%) Test Scripting
7 2 (14.29%) HP Quality Center
8 1 (7.14%) Continuous Improvement

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

For the 6 months to 30 October 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 1 (7.14%) TIBCO EMS
1 1 (7.14%) Oracle Coherence
1 1 (7.14%) CMS
Applications
1 3 (21.43%) MS PowerPoint
1 3 (21.43%) MS Visio
Business Applications
1 1 (7.14%) RMDS
Communications & Networking
1 1 (7.14%) Internet
Database & Business Intelligence
1 3 (21.43%) SQL Server
2 1 (7.14%) Relational Database
General
1 10 (71.43%) Finance
2 8 (57.14%) Banking
3 4 (28.57%) Front Office
4 1 (7.14%) Investment Banking
4 1 (7.14%) Retail
4 1 (7.14%) Retail Banking
4 1 (7.14%) Corporate Banking
4 1 (7.14%) Marketing
4 1 (7.14%) Back Office
4 1 (7.14%) Legal
Job Titles
1 5 (35.71%) Project Manager
2 3 (21.43%) Test Coordinator
2 3 (21.43%) Coordinator
3 2 (14.29%) Business Analyst
3 2 (14.29%) Developer
3 2 (14.29%) Analyst
4 1 (7.14%) Test Leader
4 1 (7.14%) Copywriter
4 1 (7.14%) Gloss Business Analyst
4 1 (7.14%) Applications Developer
4 1 (7.14%) Architect
4 1 (7.14%) C# Developer
Libraries, Frameworks & Software Standards
1 4 (28.57%) WPF
2 1 (7.14%) CORBA
2 1 (7.14%) JMS
Miscellaneous
1 4 (28.57%) Derivative
2 1 (7.14%) Mobile Banking
2 1 (7.14%) Data Structures
2 1 (7.14%) Copywriting
2 1 (7.14%) Online Banking
2 1 (7.14%) Computer Science
2 1 (7.14%) Foreign Exchange (FX)
2 1 (7.14%) Fixed Income
2 1 (7.14%) Equities
Operating Systems
1 2 (14.29%) Solaris
1 2 (14.29%) Linux
2 1 (7.14%) UNIX
2 1 (7.14%) Windows
Processes & Methodologies
1 6 (42.86%) Agile Software Development
2 5 (35.71%) User Acceptance Testing
3 3 (21.43%) Market Making
3 3 (21.43%) Asset Management
3 3 (21.43%) Test Planning
3 3 (21.43%) Workflow
3 3 (21.43%) Fund Management
3 3 (21.43%) Electronic Trading
3 3 (21.43%) PRINCE2
3 3 (21.43%) UML
3 3 (21.43%) Project Management
4 2 (14.29%) Investment Management
4 2 (14.29%) Test Scripting
5 1 (7.14%) Continuous Improvement
5 1 (7.14%) Event-Driven Architecture
5 1 (7.14%) Time Management
5 1 (7.14%) Fund Accounting
5 1 (7.14%) Content Management
5 1 (7.14%) Data Analysis
5 1 (7.14%) Business Analysis
Programming Languages
1 4 (28.57%) C#
2 2 (14.29%) C++
2 2 (14.29%) Java
2 2 (14.29%) SQL
Qualifications
1 1 (7.14%) Degree
Quality Assurance & Compliance
1 1 (7.14%) QA
Systems Management
1 2 (14.29%) HP Quality Center
Vendors
1 3 (21.43%) Oracle
2 1 (7.14%) Sybase
2 1 (7.14%) IBM
2 1 (7.14%) Misys
2 1 (7.14%) TIBCO