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 13 February 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.

Location
3 months to
13 Feb 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 404 397 398
Rank change year-on-year
-7 +1
Contract jobs citing Straight-Through Processing 4 9 8
As % of all contract IT jobs located in London 0.019% 0.043% 0.036%
As % of the Processes & Methodologies category 0.023% 0.053% 0.045%
Number of daily rates quoted 4 7 7
Average daily rate £575 £550 £500
Average daily rate % change year-on-year
+4.54% +10.00%
90% offered a daily rate of more than £550 £251 £244
10% offered a daily rate of more than £670 £620 £535
UK excluding London average daily rate £575 - -
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
17419 16877 17704
As % of all contract IT jobs located in London 83.50% 80.49% 80.65%
Number of daily rates quoted 12421 12105 12118
Average daily rate £475 £450 £438
Average daily rate % change year-on-year
+5.55% +2.85%
90% offered a daily rate of more than £325 £310 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £400 £375
% change year-on-year
- +6.66%
Number of hourly rates quoted 212 195 247
Average hourly rate £22.62 £21.50 £25.00
Average hourly rate % change year-on-year
+5.20% -14.00%
90% offered a hourly rate of more than £12.50 £11.00 £14.00
10% offered a hourly rate of more than £52.50 £50.00 £70.00
UK excluding London average hourly rate £40.00 £27.79 £27.50
% change year-on-year
+43.93% +1.05%

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 13 February 2016.

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 13 February 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
Canary Wharf - 1 £700 -
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 13 February 2016, 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 18 (64.29%) Foreign Exchange (FX)
2 17 (60.71%) E-Commerce
2 17 (60.71%) Banking
2 17 (60.71%) Multithreading
3 15 (53.57%) Java
4 11 (39.29%) Performance Testing
5 10 (35.71%) SQL
6 9 (32.14%) Swing
6 9 (32.14%) User Acceptance Testing
7 8 (28.57%) C++
7 8 (28.57%) Linux
8 7 (25.00%) Finance
9 6 (21.43%) HTML
9 6 (21.43%) JavaScript
10 5 (17.86%) STL
10 5 (17.86%) XML
10 5 (17.86%) Agile Software Development
10 5 (17.86%) Boost C++ Libraries
10 5 (17.86%) AngularJS
10 5 (17.86%) Concurrent Programming
11 4 (14.29%) Portfolio Management
11 4 (14.29%) Kanban
11 4 (14.29%) Kondor
11 4 (14.29%) Derivative
11 4 (14.29%) Data Analysis
11 4 (14.29%) Spring
11 4 (14.29%) RAD
11 4 (14.29%) JMS
11 4 (14.29%) Oracle
11 4 (14.29%) Sybase

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

For the 6 months to 13 February 2016, 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.

Applications
1 1 (3.57%) MS PowerPoint
Business Applications
1 4 (14.29%) Kondor
2 1 (3.57%) Payment Gateway
Cloud Services
1 1 (3.57%) Amazon AWS
1 1 (3.57%) Google Cloud Platform
1 1 (3.57%) Microsoft Azure
1 1 (3.57%) PaaS
Database & Business Intelligence
1 1 (3.57%) Big Data
1 1 (3.57%) NoSQL
1 1 (3.57%) RDBMS
1 1 (3.57%) Relational Database
General
1 17 (60.71%) Banking
2 7 (25.00%) Finance
3 2 (7.14%) Front Office
4 1 (3.57%) Investment Banking
Job Titles
1 21 (75.00%) Developer
2 13 (46.43%) Java Developer
3 9 (32.14%) Java Swing Developer
4 8 (28.57%) C++ Developer
5 4 (14.29%) Analyst
5 4 (14.29%) Business Analyst
6 2 (7.14%) Architect
6 2 (7.14%) Core Java Developer
6 2 (7.14%) Front Office Developer
6 2 (7.14%) Payments Business Analyst
7 1 (3.57%) Consultant
7 1 (3.57%) Java Consultant
7 1 (3.57%) Product Business Analyst
7 1 (3.57%) Senior Analyst
7 1 (3.57%) Senior Business Analyst
7 1 (3.57%) Senior Developer
7 1 (3.57%) Senior Java Developer
7 1 (3.57%) Solutions Architect
7 1 (3.57%) Technical Architect
7 1 (3.57%) UI Consultant
Libraries, Frameworks & Software Standards
1 9 (32.14%) Swing
2 6 (21.43%) HTML
3 5 (17.86%) AngularJS
3 5 (17.86%) Boost C++ Libraries
3 5 (17.86%) STL
3 5 (17.86%) XML
4 4 (14.29%) FpML
4 4 (14.29%) JMS
4 4 (14.29%) Spring
5 3 (10.71%) JDBC
6 2 (7.14%) CSS
6 2 (7.14%) HTML5
7 1 (3.57%) jQuery
7 1 (3.57%) JSON
7 1 (3.57%) REST
7 1 (3.57%) RESTful
7 1 (3.57%) XSLT
Miscellaneous
1 18 (64.29%) Foreign Exchange (FX)
2 4 (14.29%) Derivative
2 4 (14.29%) Fixed Income
3 1 (3.57%) Analytical Skills
3 1 (3.57%) Enterprise Cloud
3 1 (3.57%) SWIFT
3 1 (3.57%) User Experience
Operating Systems
1 8 (28.57%) Linux
Processes & Methodologies
1 17 (60.71%) E-Commerce
1 17 (60.71%) Multithreading
2 11 (39.29%) Performance Testing
3 9 (32.14%) User Acceptance Testing
4 5 (17.86%) Agile Software Development
4 5 (17.86%) Concurrent Programming
5 4 (14.29%) Data Analysis
5 4 (14.29%) Kanban
5 4 (14.29%) Portfolio Management
5 4 (14.29%) RAD
5 4 (14.29%) Scrum
6 3 (10.71%) Stakeholder Management
7 2 (7.14%) Target Operating Model
8 1 (3.57%) Analytics
8 1 (3.57%) Application Rationalisation
8 1 (3.57%) Business Analysis
8 1 (3.57%) Cost-Benefit Analysis
8 1 (3.57%) Process Architecture
8 1 (3.57%) Risk Assessment
8 1 (3.57%) Wealth Management
Programming Languages
1 15 (53.57%) Java
2 10 (35.71%) SQL
3 8 (28.57%) C++
4 6 (21.43%) JavaScript
Qualifications
1 1 (3.57%) Degree
Vendors
1 4 (14.29%) Oracle
1 4 (14.29%) Sybase
2 1 (3.57%) Google