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 contractor rates offered in IT contracts that have cited Straight-Through Processing over the 3 months to 25 May 2016 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
25 May 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 409 415 405
Rank change year-on-year
+6 -10
Contract jobs citing Straight-Through Processing 8 2 11
As % of all contract IT jobs located in London 0.037% 0.009% 0.049%
As % of the Processes & Methodologies category 0.044% 0.011% 0.060%
Number of daily rates quoted 2 2 8
Median daily rate £650 £513 £338
Median daily rate % change year-on-year
+26.82% +51.85%
90% offered a daily rate of more than £640 £503 £234
10% offered a daily rate of more than £660 £523 £581
UK excluding London median daily rate - £121 -
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
18252 17962 18258
As % of all contract IT jobs located in London 83.99% 81.00% 80.64%
Number of daily rates quoted 13340 12645 13088
Median daily rate £475 £450 £430
Median daily rate % change year-on-year
+5.55% +4.65%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £625 £625 £600
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 154 255 229
Median hourly rate £21.17 £20.00 £22.00
Median hourly rate % change year-on-year
+5.85% -9.09%
90% offered a hourly rate of more than £12.50 £11.00 £12.50
10% offered a hourly rate of more than £43.57 £80.00 £53.50
UK excluding London median hourly rate £33.75 £30.50 £30.00
% change year-on-year
+10.65% +1.66%

Straight-Through Processing
Jobs Demand Trend in London

The demand trend of contract jobs across the 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 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
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 median contractor rates quoted in IT jobs citing Straight-Through Processing within the London region over the 3 months to 25 May 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
City of London - 2 £650 - 1
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 25 May 2016, 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 London region with a requirement for Straight-Through Processing.

1 5 (45.45%) SQL
1 5 (45.45%) Finance
2 3 (27.27%) Fixed Income
2 3 (27.27%) Front Office
2 3 (27.27%) Java
2 3 (27.27%) Analytical Skills
3 2 (18.18%) Master Data Management
3 2 (18.18%) Target Operating Model
3 2 (18.18%) User Acceptance Testing
3 2 (18.18%) Reference Data
3 2 (18.18%) Data Integration
3 2 (18.18%) Wealth Management
3 2 (18.18%) Data Governance
3 2 (18.18%) Data Quality
3 2 (18.18%) Spring Integration
3 2 (18.18%) Low Latency
3 2 (18.18%) Foreign Exchange (FX)
3 2 (18.18%) Back Office
3 2 (18.18%) Validation
3 2 (18.18%) Stakeholder Management
3 2 (18.18%) ION Trading
3 2 (18.18%) Asset Management
3 2 (18.18%) Data Management
3 2 (18.18%) Credit Derivative
3 2 (18.18%) Spring
3 2 (18.18%) Derivative
3 2 (18.18%) Degree
3 2 (18.18%) ION MarketView
4 1 (9.09%) RESTful
4 1 (9.09%) Cash Management

Straight-Through Processing
Top Related IT Skills in 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:

Business Applications
1 2 (18.18%) ION MarketView
2 1 (9.09%) AWD
2 1 (9.09%) Oracle Cash Management
Cloud Services
1 1 (9.09%) Amazon AWS
1 1 (9.09%) Google Cloud Platform
1 1 (9.09%) Microsoft Azure
1 1 (9.09%) PaaS
Database & Business Intelligence
1 1 (9.09%) Big Data
1 1 (9.09%) DB2
1 1 (9.09%) NoSQL
1 1 (9.09%) Oracle Reports
1 1 (9.09%) QlikView
1 1 (9.09%) SQL Server
General
1 5 (45.45%) Finance
2 3 (27.27%) Front Office
3 2 (18.18%) Back Office
4 1 (9.09%) Banking
4 1 (9.09%) Investment Banking
Job Titles
1 5 (45.45%) Architect
2 3 (27.27%) Analyst
3 2 (18.18%) Business Analyst
3 2 (18.18%) Data Architect
3 2 (18.18%) Data Integration Architect
3 2 (18.18%) Developer
3 2 (18.18%) Front Office Developer
3 2 (18.18%) Integration Architect
3 2 (18.18%) Java Developer
3 2 (18.18%) Lead Developer
3 2 (18.18%) Lead Java Developer
3 2 (18.18%) Wealth Management Business Analyst
4 1 (9.09%) Asset Management Analyst
4 1 (9.09%) Asset Management Business Analyst
4 1 (9.09%) Automation Architect
4 1 (9.09%) Automation Consultant
4 1 (9.09%) Cloud Architect
4 1 (9.09%) FX Business Analyst
4 1 (9.09%) Production Manager
4 1 (9.09%) Workflow Consultant
Libraries, Frameworks & Software Standards
1 2 (18.18%) Spring
1 2 (18.18%) Spring Integration
2 1 (9.09%) AngularJS
2 1 (9.09%) CSS
2 1 (9.09%) HTML
2 1 (9.09%) HTML5
2 1 (9.09%) JSON
2 1 (9.09%) Middleware
2 1 (9.09%) REST
2 1 (9.09%) RESTful
Miscellaneous
1 3 (27.27%) Analytical Skills
1 3 (27.27%) Fixed Income
2 2 (18.18%) Credit Derivative
2 2 (18.18%) Data Integration
2 2 (18.18%) Derivative
2 2 (18.18%) Foreign Exchange (FX)
2 2 (18.18%) Reference Data
3 1 (9.09%) Computer Science
3 1 (9.09%) Enterprise Cloud
3 1 (9.09%) Equities
3 1 (9.09%) iSeries
3 1 (9.09%) Management Information System
Operating Systems
1 1 (9.09%) Linux
1 1 (9.09%) Unix
1 1 (9.09%) Windows
1 1 (9.09%) Windows Server
Processes & Methodologies
1 2 (18.18%) Asset Management
1 2 (18.18%) Data Governance
1 2 (18.18%) Data Management
1 2 (18.18%) Low Latency
1 2 (18.18%) Master Data Management
1 2 (18.18%) Stakeholder Management
1 2 (18.18%) Target Operating Model
1 2 (18.18%) User Acceptance Testing
1 2 (18.18%) Validation
1 2 (18.18%) Wealth Management
2 1 (9.09%) Agile Software Development
2 1 (9.09%) Application Rationalisation
2 1 (9.09%) Budget Control
2 1 (9.09%) Business Analysis
2 1 (9.09%) Cash Management
2 1 (9.09%) Collateral Management
2 1 (9.09%) DevOps
2 1 (9.09%) Process Architecture
2 1 (9.09%) Process Improvement
2 1 (9.09%) Technical Analysis
Programming Languages
1 5 (45.45%) SQL
2 3 (27.27%) Java
3 1 (9.09%) JavaScript
3 1 (9.09%) Perl
3 1 (9.09%) Shell Script
3 1 (9.09%) VBA
Qualifications
1 2 (18.18%) Degree
Quality Assurance & Compliance
1 2 (18.18%) Data Quality
2 1 (9.09%) QA
Systems Management
1 1 (9.09%) Control-M
1 1 (9.09%) ITRS Geneos
Vendors
1 2 (18.18%) ION Trading
2 1 (9.09%) Cognos
2 1 (9.09%) Google
2 1 (9.09%) Oracle
2 1 (9.09%) SmartStream
2 1 (9.09%) Sun
2 1 (9.09%) Sybase