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 2 March 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
2 Mar 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 388 396 347
Rank change year-on-year
+8 -49
Contract jobs citing Straight-Through Processing 9 8 18
As % of all contract IT jobs located in London 0.042% 0.036% 0.091%
As % of the Processes & Methodologies category 0.054% 0.046% 0.12%
Number of daily rates quoted 7 4 16
Average daily rate
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of your Daily Rate
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£600 £438 £550
Average daily rate % change year-on-year
+37.14% -20.45%
90% offered a daily rate of more than £540 £288 £425
10% offered a daily rate of more than £638 £500 £588
UK excluding London average daily rate - - £325
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
16736 17369 15212
As % of all contract IT jobs located in London 78.79% 78.53% 76.84%
Number of daily rates quoted 11885 11867 10680
Average daily rate £450 £438 £450
Average daily rate % change year-on-year
+2.85% -2.77%
90% offered a daily rate of more than £308 £300 £300
10% offered a daily rate of more than £600 £600 £600
UK excluding London average daily rate £399 £375 £363
% change year-on-year
+6.34% +3.44%
Number of hourly rates quoted 195 239 246
Average hourly rate £21.50 £27.53 £25.35
Average hourly rate % change year-on-year
-21.90% +8.59%
90% offered a hourly rate of more than £11.00 £14.00 £13.49
10% offered a hourly rate of more than £55.00 £70.00 £135.00
UK excluding London average hourly rate £29.00 £27.50 £31.50
% change year-on-year
+5.45% -12.69%

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 2 March 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 2 March 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 +8 3 £600 - 1
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 2 March 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 16 (80.00%) Finance
2 11 (55.00%) Banking
3 7 (35.00%) Equities
4 6 (30.00%) Front Office
5 5 (25.00%) Workflow
5 5 (25.00%) Java
5 5 (25.00%) SQL
5 5 (25.00%) Oracle
6 4 (20.00%) Foreign Exchange (FX)
6 4 (20.00%) Project Management
6 4 (20.00%) Agile Software Development
7 3 (15.00%) Investment Banking
7 3 (15.00%) Business Analysis
7 3 (15.00%) Middleware
7 3 (15.00%) Back Office
7 3 (15.00%) Solaris
7 3 (15.00%) Linux
7 3 (15.00%) UNIX
7 3 (15.00%) User Acceptance Testing
7 3 (15.00%) Multithreading
7 3 (15.00%) Electronic Trading
7 3 (15.00%) Reference Data
7 3 (15.00%) Continuous Improvement
8 2 (10.00%) Event-Driven Architecture
8 2 (10.00%) Investment Management
8 2 (10.00%) Fund Management
8 2 (10.00%) Corporate Banking
8 2 (10.00%) JIRA
8 2 (10.00%) Refactoring
8 2 (10.00%) FIX Protocol

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

For the 6 months to 2 March 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 (5.00%) MTS
1 1 (5.00%) SharePoint
1 1 (5.00%) TIBCO EMS
1 1 (5.00%) Apache Spark
Applications
1 2 (10.00%) MS Excel
1 2 (10.00%) MS Visio
Business Applications
1 2 (10.00%) Global One
2 1 (5.00%) RMDS
2 1 (5.00%) ION MarketView
Database & Business Intelligence
1 1 (5.00%) Hadoop
1 1 (5.00%) Big Data
1 1 (5.00%) Relational Database
Development Applications
1 2 (10.00%) JIRA
2 1 (5.00%) Cucumber
General
1 16 (80.00%) Finance
2 11 (55.00%) Banking
3 6 (30.00%) Front Office
4 3 (15.00%) Back Office
4 3 (15.00%) Investment Banking
5 2 (10.00%) Corporate Banking
5 2 (10.00%) Legal
6 1 (5.00%) Financial Institution
Job Titles
1 5 (25.00%) Business Analyst
1 5 (25.00%) Developer
1 5 (25.00%) Analyst
2 3 (15.00%) Java Developer
2 3 (15.00%) Project Manager
3 2 (10.00%) FX Project Manager
3 2 (10.00%) Java Swing Developer
3 2 (10.00%) Applications Developer
3 2 (10.00%) Senior Manager
3 2 (10.00%) Coordinator
3 2 (10.00%) Test Coordinator
3 2 (10.00%) Senior Project Manager
4 1 (5.00%) Architect
4 1 (5.00%) Senior Business Analyst
4 1 (5.00%) Senior Analyst
4 1 (5.00%) Test Leader
Libraries, Frameworks & Software Standards
1 3 (15.00%) Middleware
2 2 (10.00%) FIX Protocol
2 2 (10.00%) CORBA
2 2 (10.00%) Swing
3 1 (5.00%) JMS
3 1 (5.00%) Kafka
3 1 (5.00%) Akka
Miscellaneous
1 7 (35.00%) Equities
2 4 (20.00%) Foreign Exchange (FX)
3 3 (15.00%) Reference Data
4 2 (10.00%) Derivative
4 2 (10.00%) Equity Derivative
4 2 (10.00%) Fixed Income
5 1 (5.00%) Computer Science
5 1 (5.00%) Analytical Skills
5 1 (5.00%) Algorithms
5 1 (5.00%) Management Information System
Operating Systems
1 3 (15.00%) UNIX
1 3 (15.00%) Solaris
1 3 (15.00%) Linux
2 1 (5.00%) Windows
Processes & Methodologies
1 5 (25.00%) Workflow
2 4 (20.00%) Project Management
2 4 (20.00%) Agile Software Development
3 3 (15.00%) Business Analysis
3 3 (15.00%) Multithreading
3 3 (15.00%) Electronic Trading
3 3 (15.00%) User Acceptance Testing
3 3 (15.00%) Continuous Improvement
4 2 (10.00%) Event-Driven Architecture
4 2 (10.00%) Investment Management
4 2 (10.00%) Refactoring
4 2 (10.00%) Fund Management
4 2 (10.00%) Stakeholder Management
4 2 (10.00%) Asset Management
4 2 (10.00%) Data Analysis
4 2 (10.00%) Risk Management
5 1 (5.00%) Migration
5 1 (5.00%) UML
5 1 (5.00%) OO
5 1 (5.00%) OOD
Programming Languages
1 5 (25.00%) Java
1 5 (25.00%) SQL
2 2 (10.00%) C++
3 1 (5.00%) Scala
Qualifications
1 2 (10.00%) ISEB
2 1 (5.00%) Degree
Quality Assurance & Compliance
1 1 (5.00%) QA
System Software
1 1 (5.00%) HDFS
Systems Management
1 1 (5.00%) HP Quality Center
Vendors
1 5 (25.00%) Oracle
2 2 (10.00%) IBM
2 2 (10.00%) Fidessa
2 2 (10.00%) SunGard
2 2 (10.00%) SmartStream
3 1 (5.00%) TIBCO
3 1 (5.00%) Bloomberg
3 1 (5.00%) ION Trading
3 1 (5.00%) Tradeweb
3 1 (5.00%) MarketAxess
3 1 (5.00%) Misys
3 1 (5.00%) Sybase