The table below looks at the statistics for Straight-Through Processing skills in IT contracts advertised across the UK. Included is a guide to the contractor rates offered in IT contracts that have cited Straight-Through Processing over the 3 months to 25 July 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 Jul 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 650 631 601
Rank change year-on-year
-19 -30
Contract jobs citing Straight-Through Processing 11 11 9
As % of all contract IT jobs located in the UK 0.020% 0.019% 0.017%
As % of the Processes & Methodologies category 0.025% 0.024% 0.021%
Number of daily rates quoted 4 10 7
Median daily rate £563 £525 £588
Median daily rate % change year-on-year
+7.14% -10.63%
90% offered a daily rate of more than £525 £440 £358
10% offered a daily rate of more than £618 £533 £700
UK excluding London median daily rate - £361 £440
% change year-on-year
- -18.06%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

The following table is for comparison with the above and provides statistics for the entire Processes & Methodologies category in contract jobs advertised across the UK.

Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
44695 45488 42364
As % of all contract IT jobs located in the UK 82.73% 79.85% 78.62%
Number of daily rates quoted 29540 29430 26290
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+6.06% +3.12%
90% offered a daily rate of more than £295 £283 £275
10% offered a daily rate of more than £600 £575 £563
UK excluding London median daily rate £400 £388 £375
% change year-on-year
+3.22% +3.33%
Number of hourly rates quoted 1044 1183 1185
Median hourly rate £28.50 £28.50 £25.00
Median hourly rate % change year-on-year
- +14.00%
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £51.50 £52.17 £47.50
UK excluding London median hourly rate £30.00 £30.50 £26.98
% change year-on-year
-1.63% +13.06%

Straight-Through Processing
Jobs Demand Trend

The demand trend of contract jobs 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 the UK

Straight-Through Processing
Daily Rate Trend

This chart provides the 3-month moving average for daily rates quoted in IT contract jobs citing Straight-Through Processing within the UK.

Straight-Through Processing Daily Rate Trend in the UK

Straight-Through Processing
Hourly Rate Trend

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Straight-Through Processing within the UK.

Straight-Through Processing Hourly Rate Trend in the UK

Straight-Through Processing
Top 3 Contract Locations

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 UK over the 3 months to 25 July 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
London -2 11 £563 +7.14%
England -4 11 £563 +7.14%
City of London +49 3 £525 -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 25 July 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 with a requirement for Straight-Through Processing.

1 11 (64.71%) Finance
2 8 (47.06%) SQL
3 5 (29.41%) Validation
3 5 (29.41%) Data Management
3 5 (29.41%) Reference Data
3 5 (29.41%) Data Quality
3 5 (29.41%) Master Data Management
3 5 (29.41%) Analytical Skills
4 4 (23.53%) Target Operating Model
4 4 (23.53%) Data Governance
4 4 (23.53%) Data Integration
4 4 (23.53%) Banking
4 4 (23.53%) Investment Banking
4 4 (23.53%) Degree
4 4 (23.53%) Java
4 4 (23.53%) Foreign Exchange (FX)
4 4 (23.53%) Oracle
5 3 (17.65%) Management Information System
5 3 (17.65%) Front Office
5 3 (17.65%) Back Office
5 3 (17.65%) Fixed Income
5 3 (17.65%) Stakeholder Management
5 3 (17.65%) QA
5 3 (17.65%) User Acceptance Testing
6 2 (11.76%) Multithreading
6 2 (11.76%) Wealth Management
6 2 (11.76%) QlikView
6 2 (11.76%) Credit Risk
6 2 (11.76%) Atlassian
6 2 (11.76%) Oracle Fusion

Straight-Through Processing
Top Related IT Skills 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:

Applications
1 2 (11.76%) MS Visio
1 2 (11.76%) OmniGraffle
Business Applications
1 2 (11.76%) ION MarketView
1 2 (11.76%) Oracle Cash Management
2 1 (5.88%) AWD
Cloud Services
1 2 (11.76%) Google Cloud Platform
1 2 (11.76%) Lucidchart
Database & Business Intelligence
1 2 (11.76%) DB2
1 2 (11.76%) Oracle Reports
1 2 (11.76%) QlikView
1 2 (11.76%) SQL Server
Development Applications
1 2 (11.76%) JIRA
General
1 11 (64.71%) Finance
2 4 (23.53%) Banking
2 4 (23.53%) Investment Banking
3 3 (17.65%) Back Office
3 3 (17.65%) Front Office
4 1 (5.88%) Legal
Job Titles
1 5 (29.41%) Analyst
1 5 (29.41%) Architect
2 4 (23.53%) Business Analyst
2 4 (23.53%) Data Architect
2 4 (23.53%) Data Integration Architect
2 4 (23.53%) Developer
2 4 (23.53%) Integration Architect
2 4 (23.53%) Java Developer
3 2 (11.76%) Front Office Developer
3 2 (11.76%) Java Swing Developer
3 2 (11.76%) Lead Developer
3 2 (11.76%) Lead Java Developer
3 2 (11.76%) Production Manager
3 2 (11.76%) Support Manager
3 2 (11.76%) Wealth Management Business Analyst
4 1 (5.88%) Asset Management Analyst
4 1 (5.88%) Automation Architect
4 1 (5.88%) Automation Consultant
4 1 (5.88%) FX Business Analyst
4 1 (5.88%) Workflow Consultant
Libraries, Frameworks & Software Standards
1 2 (11.76%) Gherkin
1 2 (11.76%) Middleware
1 2 (11.76%) Oracle Fusion
1 2 (11.76%) RESTful
1 2 (11.76%) Spring
1 2 (11.76%) Spring Integration
1 2 (11.76%) Swing
1 2 (11.76%) Web Services
Miscellaneous
1 5 (29.41%) Analytical Skills
1 5 (29.41%) Reference Data
2 4 (23.53%) Data Integration
2 4 (23.53%) Foreign Exchange (FX)
3 3 (17.65%) Fixed Income
3 3 (17.65%) Management Information System
4 2 (11.76%) Credit Derivative
4 2 (11.76%) Credit Risk
4 2 (11.76%) Derivative
4 2 (11.76%) iSeries
4 2 (11.76%) Mobile App
5 1 (5.88%) Computer Science
5 1 (5.88%) Equities
Operating Systems
1 2 (11.76%) Linux
1 2 (11.76%) Unix
1 2 (11.76%) Windows
1 2 (11.76%) Windows Server
Processes & Methodologies
1 5 (29.41%) Data Management
1 5 (29.41%) Master Data Management
1 5 (29.41%) Validation
2 4 (23.53%) Data Governance
2 4 (23.53%) Target Operating Model
3 3 (17.65%) Stakeholder Management
3 3 (17.65%) User Acceptance Testing
4 2 (11.76%) Agile Software Development
4 2 (11.76%) Asset Management
4 2 (11.76%) BDD
4 2 (11.76%) Budget Control
4 2 (11.76%) Cash Management
4 2 (11.76%) Data Modelling
4 2 (11.76%) E-Commerce
4 2 (11.76%) ITIL
4 2 (11.76%) Mobile Application Development
4 2 (11.76%) Multithreading
4 2 (11.76%) Scrum
4 2 (11.76%) TDD
4 2 (11.76%) User Stories
Programming Languages
1 8 (47.06%) SQL
2 4 (23.53%) Java
3 2 (11.76%) Perl
3 2 (11.76%) Shell Script
3 2 (11.76%) VBA
Qualifications
1 4 (23.53%) Degree
Quality Assurance & Compliance
1 5 (29.41%) Data Quality
2 3 (17.65%) QA
Systems Management
1 2 (11.76%) Control-M
1 2 (11.76%) ITRS Geneos
Vendors
1 4 (23.53%) Oracle
2 2 (11.76%) Atlassian
2 2 (11.76%) Cognos
2 2 (11.76%) Google
2 2 (11.76%) ION Trading
2 2 (11.76%) SmartStream
2 2 (11.76%) Sun
2 2 (11.76%) Sybase
3 1 (5.88%) Calypso
3 1 (5.88%) GoldenSource