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 28 January 2015 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
28 Jan 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 375 389 357
Rank change year-on-year
+14 -32
Contract jobs citing Straight-Through Processing 11 12 15
As % of all contract IT jobs located in London 0.053% 0.055% 0.076%
As % of the Processes & Methodologies category 0.068% 0.070% 0.099%
Number of daily rates quoted 9 10 14
Average daily rate
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of your Daily Rate
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£550 £525 £550
Average daily rate % change year-on-year
+4.76% -4.54%
90% offered a daily rate of more than £253 £249 £433
10% offered a daily rate of more than £610 £550 £619
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
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
16159 17087 15138
As % of all contract IT jobs located in London 78.13% 78.17% 76.84%
Number of daily rates quoted 11564 11767 10514
Average daily rate £450 £445 £428
Average daily rate % change year-on-year
+1.12% +4.09%
90% offered a daily rate of more than £313 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £398 £375 £360
% change year-on-year
+6.00% +4.16%
Number of hourly rates quoted 178 237 299
Average hourly rate £22.00 £23.50 £27.00
Average hourly rate % change year-on-year
-6.38% -12.96%
90% offered a hourly rate of more than £11.25 £13.50 £13.50
10% offered a hourly rate of more than £52.50 £76.75 £49.01
UK excluding London average hourly rate £26.00 £27.50 £31.07
% change year-on-year
-5.45% -11.49%

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 28 January 2015.

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 28 January 2015. 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 +12 3 £550 +4.76% 3
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 28 January 2015, 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 15 (78.95%) Finance
2 10 (52.63%) Banking
3 7 (36.84%) Equities
4 6 (31.58%) Oracle
5 5 (26.32%) Front Office
5 5 (26.32%) Java
5 5 (26.32%) SQL
5 5 (26.32%) User Acceptance Testing
6 4 (21.05%) Workflow
6 4 (21.05%) Foreign Exchange (FX)
6 4 (21.05%) Project Management
7 3 (15.79%) Middleware
7 3 (15.79%) C++
7 3 (15.79%) Solaris
7 3 (15.79%) Linux
7 3 (15.79%) Fund Management
7 3 (15.79%) Investment Banking
7 3 (15.79%) Asset Management
7 3 (15.79%) Agile Software Development
7 3 (15.79%) Investment Management
7 3 (15.79%) Continuous Improvement
8 2 (10.53%) HP Quality Center
8 2 (10.53%) Reference Data
8 2 (10.53%) Event-Driven Architecture
8 2 (10.53%) Test Planning
8 2 (10.53%) Global One
8 2 (10.53%) Data Analysis
8 2 (10.53%) Legal
8 2 (10.53%) Stakeholder Management
8 2 (10.53%) Business Analysis

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

For the 6 months to 28 January 2015, 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 (5.26%) TIBCO EMS
1 1 (5.26%) Oracle Coherence
Applications
1 2 (10.53%) MS Excel
1 2 (10.53%) MS Visio
Business Applications
1 2 (10.53%) Global One
2 1 (5.26%) RMDS
Database & Business Intelligence
1 1 (5.26%) Relational Database
Development Applications
1 2 (10.53%) JIRA
General
1 15 (78.95%) Finance
2 10 (52.63%) Banking
3 5 (26.32%) Front Office
4 3 (15.79%) Investment Banking
5 2 (10.53%) Legal
5 2 (10.53%) Corporate Banking
5 2 (10.53%) Back Office
6 1 (5.26%) Financial Institution
Job Titles
1 6 (31.58%) Developer
2 4 (21.05%) Business Analyst
2 4 (21.05%) Analyst
3 3 (15.79%) Coordinator
3 3 (15.79%) Project Manager
3 3 (15.79%) Test Coordinator
3 3 (15.79%) Java Developer
4 2 (10.53%) FX Project Manager
4 2 (10.53%) Java Swing Developer
4 2 (10.53%) Senior Project Manager
4 2 (10.53%) Applications Developer
4 2 (10.53%) Senior Manager
5 1 (5.26%) Architect
5 1 (5.26%) C# Developer
5 1 (5.26%) Test Leader
Libraries, Frameworks & Software Standards
1 3 (15.79%) Middleware
2 2 (10.53%) FIX Protocol
2 2 (10.53%) CORBA
2 2 (10.53%) Swing
3 1 (5.26%) JMS
3 1 (5.26%) WPF
Miscellaneous
1 7 (36.84%) Equities
2 4 (21.05%) Foreign Exchange (FX)
3 2 (10.53%) Reference Data
3 2 (10.53%) Derivative
3 2 (10.53%) Equity Derivative
4 1 (5.26%) Computer Science
4 1 (5.26%) Fixed Income
4 1 (5.26%) Analytical Skills
4 1 (5.26%) Data Structures
Operating Systems
1 3 (15.79%) Solaris
1 3 (15.79%) Linux
2 2 (10.53%) UNIX
3 1 (5.26%) Windows
Processes & Methodologies
1 5 (26.32%) User Acceptance Testing
2 4 (21.05%) Workflow
2 4 (21.05%) Project Management
3 3 (15.79%) Fund Management
3 3 (15.79%) Asset Management
3 3 (15.79%) Agile Software Development
3 3 (15.79%) Investment Management
3 3 (15.79%) Continuous Improvement
4 2 (10.53%) Event-Driven Architecture
4 2 (10.53%) Test Planning
4 2 (10.53%) Data Analysis
4 2 (10.53%) Stakeholder Management
4 2 (10.53%) Business Analysis
4 2 (10.53%) Refactoring
4 2 (10.53%) Test Scripting
4 2 (10.53%) Multithreading
4 2 (10.53%) Electronic Trading
5 1 (5.26%) Risk Management
5 1 (5.26%) DNA
5 1 (5.26%) Test Management
Programming Languages
1 5 (26.32%) Java
1 5 (26.32%) SQL
2 3 (15.79%) C++
3 1 (5.26%) C#
Qualifications
1 2 (10.53%) Degree
1 2 (10.53%) ISEB
Quality Assurance & Compliance
1 1 (5.26%) QA
Systems Management
1 2 (10.53%) HP Quality Center
Vendors
1 6 (31.58%) Oracle
2 2 (10.53%) Fidessa
2 2 (10.53%) SunGard
2 2 (10.53%) SmartStream
2 2 (10.53%) IBM
3 1 (5.26%) Misys
3 1 (5.26%) TIBCO
3 1 (5.26%) Sybase