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 September 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 Sep 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 416 416 398
Rank change year-on-year
0 -18
Contract jobs citing Straight-Through Processing 17 8 25
As % of all contract IT jobs located in London 0.071% 0.033% 0.099%
As % of the Processes & Methodologies category 0.089% 0.042% 0.13%
Number of daily rates quoted 15 6 18
Average daily rate
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of your Daily Rate
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£525 £550 £525
Average daily rate % change year-on-year
-4.54% +4.76%
90% offered a daily rate of more than £518 £385 £425
10% offered a daily rate of more than £555 £700 £622
UK excluding London average daily rate £600 £440 -
% change year-on-year
+36.36% -
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
19209 19220 19867
As % of all contract IT jobs located in London 79.81% 79.03% 78.41%
Number of daily rates quoted 13729 13396 13902
Average daily rate £450 £450 £450
90% offered a daily rate of more than £315 £300 £300
10% offered a daily rate of more than £625 £600 £600
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 207 219 241
Average hourly rate £22.00 £21.50 £23.50
Average hourly rate % change year-on-year
+2.32% -8.51%
90% offered a hourly rate of more than £13.00 £13.50 £14.04
10% offered a hourly rate of more than £52.50 £48.00 £55.00
UK excluding London average hourly rate £32.50 £26.83 £30.25
% change year-on-year
+21.13% -11.30%

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
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 September 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
Canary Wharf - 3 £525 -
City of London +10 1 £525 +32.91%
Straight-Through Processing
England

Straight-Through Processing
Top 30 Related IT Skills in London

For the 6 months to 2 September 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 14 (73.68%) Foreign Exchange (FX)
1 14 (73.68%) E-Commerce
1 14 (73.68%) Multithreading
2 8 (42.11%) User Acceptance Testing
2 8 (42.11%) Performance Testing
2 8 (42.11%) Linux
2 8 (42.11%) C++
3 7 (36.84%) Java
3 7 (36.84%) SQL
3 7 (36.84%) Banking
4 6 (31.58%) Swing
5 5 (26.32%) STL
5 5 (26.32%) Boost C++ Libraries
5 5 (26.32%) Concurrent Programming
6 3 (15.79%) Finance
7 2 (10.53%) Front Office
7 2 (10.53%) Oracle
7 2 (10.53%) Sybase
7 2 (10.53%) Investment Banking
8 1 (5.26%) Business Analysis
8 1 (5.26%) Kondor+
8 1 (5.26%) Derivative
8 1 (5.26%) Credit Risk
8 1 (5.26%) Kanban
8 1 (5.26%) Reference Data
8 1 (5.26%) Cash Management
8 1 (5.26%) Agile Software Development
8 1 (5.26%) Billing
8 1 (5.26%) Data Analysis
8 1 (5.26%) Spring

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

For the 6 months to 2 September 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.

Business Applications
1 1 (5.26%) Kondor+
Database & Business Intelligence
1 1 (5.26%) SQL Server
1 1 (5.26%) Relational Database
General
1 7 (36.84%) Banking
2 3 (15.79%) Finance
3 2 (10.53%) Front Office
3 2 (10.53%) Investment Banking
4 1 (5.26%) Billing
4 1 (5.26%) Back Office
4 1 (5.26%) Law
Job Titles
1 15 (78.95%) Developer
2 8 (42.11%) C++ Developer
3 5 (26.32%) Java Developer
4 4 (21.05%) Java Swing Developer
5 3 (15.79%) Analyst
6 2 (10.53%) Business Analyst
6 2 (10.53%) Payments Business Analyst
7 1 (5.26%) Change Project Manager
7 1 (5.26%) Project Manager
7 1 (5.26%) Risk Analyst
7 1 (5.26%) Finance Project Manager
7 1 (5.26%) Support Analyst
7 1 (5.26%) Senior Business Analyst
7 1 (5.26%) Senior Analyst
7 1 (5.26%) Change Manager
Libraries, Frameworks & Software Standards
1 6 (31.58%) Swing
2 5 (26.32%) STL
2 5 (26.32%) Boost C++ Libraries
3 1 (5.26%) AngularJS
3 1 (5.26%) XML
3 1 (5.26%) HTML
3 1 (5.26%) JDBC
3 1 (5.26%) JMS
3 1 (5.26%) FpML
3 1 (5.26%) Spring
Miscellaneous
1 14 (73.68%) Foreign Exchange (FX)
2 1 (5.26%) Fixed Income
2 1 (5.26%) Derivative
2 1 (5.26%) Credit Risk
2 1 (5.26%) Reference Data
Operating Systems
1 8 (42.11%) Linux
2 1 (5.26%) UNIX
Processes & Methodologies
1 14 (73.68%) E-Commerce
1 14 (73.68%) Multithreading
2 8 (42.11%) User Acceptance Testing
2 8 (42.11%) Performance Testing
3 5 (26.32%) Concurrent Programming
4 1 (5.26%) Target Operating Model
4 1 (5.26%) RAD
4 1 (5.26%) Kanban
4 1 (5.26%) Cash Management
4 1 (5.26%) Portfolio Management
4 1 (5.26%) Low Latency
4 1 (5.26%) Stakeholder Management
4 1 (5.26%) Scrum
4 1 (5.26%) Risk Assessment
4 1 (5.26%) Agile Software Development
4 1 (5.26%) Data Analysis
4 1 (5.26%) Business Analysis
Programming Languages
1 8 (42.11%) C++
2 7 (36.84%) Java
2 7 (36.84%) SQL
3 1 (5.26%) Python
3 1 (5.26%) JavaScript
3 1 (5.26%) Perl
Vendors
1 2 (10.53%) Oracle
1 2 (10.53%) Sybase