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 average contractor rates offered in IT contracts that have cited Straight-Through Processing over the 3 months to 24 April 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
24 Apr 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 590 587 540
Rank change year-on-year
-3 -47
Contract jobs citing Straight-Through Processing 4 13 19
As % of all contract IT jobs located in the UK 0.007% 0.024% 0.039%
As % of the Processes & Methodologies category 0.009% 0.032% 0.053%
Number of daily rates quoted 3 8 17
Average daily rate
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£600 £363 £550
Average daily rate % change year-on-year
+65.51% -34.03%
90% offered a daily rate of more than £540 £245 £385
10% offered a daily rate of more than £624 £500 £575
UK excluding London average daily rate - - £418
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average 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
42559 41264 35676
As % of all contract IT jobs located in the UK 76.38% 74.73% 73.57%
Number of daily rates quoted 26548 25722 21281
Average daily rate £415 £400 £408
Average daily rate % change year-on-year
+3.75% -1.84%
90% offered a daily rate of more than £283 £275 £275
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £393 £375 £363
% change year-on-year
+4.66% +3.44%
Number of hourly rates quoted 1225 1158 1074
Average hourly rate £29.00 £30.00 £32.00
Average hourly rate % change year-on-year
-3.33% -6.25%
90% offered a hourly rate of more than £12.10 £12.49 £13.50
10% offered a hourly rate of more than £47.50 £52.50 £54.00
UK excluding London average hourly rate £30.50 £30.50 £32.00
% change year-on-year
- -4.68%

Straight-Through Processing
Jobs Demand Trend

This chart provides the 3-month moving total of IT contractor jobs citing Straight-Through Processing within the UK as a proportion of the total demand within 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 average contractor rates quoted in IT jobs citing Straight-Through Processing within the UK over the 3 months to 24 April 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
London -3 4 £600 +65.51% 1
England -10 4 £600 +65.51% 3
City of London +14 2 £615 +82.22% 1

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 24 April 2015, IT contractor jobs within the UK 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 13 (81.25%) Finance
2 9 (56.25%) Banking
3 7 (43.75%) Equities
4 5 (31.25%) Front Office
4 5 (31.25%) Workflow
5 4 (25.00%) Foreign Exchange (FX)
5 4 (25.00%) Project Management
5 4 (25.00%) Java
5 4 (25.00%) SQL
5 4 (25.00%) Oracle
5 4 (25.00%) Agile Software Development
6 3 (18.75%) Business Analysis
6 3 (18.75%) Multithreading
6 3 (18.75%) Electronic Trading
6 3 (18.75%) UNIX
6 3 (18.75%) Middleware
6 3 (18.75%) Back Office
6 3 (18.75%) Reference Data
6 3 (18.75%) Continuous Improvement
7 2 (12.50%) Solace
7 2 (12.50%) Corporate Banking
7 2 (12.50%) Event-Driven Architecture
7 2 (12.50%) MS Visio
7 2 (12.50%) C++
7 2 (12.50%) Solaris
7 2 (12.50%) Linux
7 2 (12.50%) CORBA
7 2 (12.50%) Swing
7 2 (12.50%) MS Excel
7 2 (12.50%) IBM

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 24 April 2015, IT contractor jobs within the UK 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 (6.25%) SharePoint
1 1 (6.25%) MTS
1 1 (6.25%) Apache Spark
Applications
1 2 (12.50%) MS Visio
1 2 (12.50%) MS Excel
Business Applications
1 2 (12.50%) Global One
2 1 (6.25%) ION MarketView
Database & Business Intelligence
1 1 (6.25%) Big Data
1 1 (6.25%) Hadoop
Development Applications
1 2 (12.50%) JIRA
2 1 (6.25%) Cucumber
General
1 13 (81.25%) Finance
2 9 (56.25%) Banking
3 5 (31.25%) Front Office
4 3 (18.75%) Back Office
5 2 (12.50%) Corporate Banking
5 2 (12.50%) Investment Banking
5 2 (12.50%) Legal
6 1 (6.25%) Financial Institution
Job Titles
1 5 (31.25%) Developer
2 4 (25.00%) Business Analyst
2 4 (25.00%) Analyst
3 3 (18.75%) Java Developer
4 2 (12.50%) FX Project Manager
4 2 (12.50%) Applications Developer
4 2 (12.50%) Senior Manager
4 2 (12.50%) Project Manager
4 2 (12.50%) Java Swing Developer
4 2 (12.50%) Senior Project Manager
5 1 (6.25%) Senior Analyst
5 1 (6.25%) Test Coordinator
5 1 (6.25%) Coordinator
5 1 (6.25%) Senior Business Analyst
5 1 (6.25%) Test Leader
Libraries, Frameworks & Software Standards
1 3 (18.75%) Middleware
2 2 (12.50%) CORBA
2 2 (12.50%) Swing
2 2 (12.50%) FIX Protocol
3 1 (6.25%) Kafka
3 1 (6.25%) Akka
Miscellaneous
1 7 (43.75%) Equities
2 4 (25.00%) Foreign Exchange (FX)
3 3 (18.75%) Reference Data
4 2 (12.50%) Derivative
4 2 (12.50%) Equity Derivative
5 1 (6.25%) Fixed Income
5 1 (6.25%) Management Information System
5 1 (6.25%) Analytical Skills
5 1 (6.25%) Algorithms
Operating Systems
1 3 (18.75%) UNIX
2 2 (12.50%) Solaris
2 2 (12.50%) Linux
Processes & Methodologies
1 5 (31.25%) Workflow
2 4 (25.00%) Project Management
2 4 (25.00%) Agile Software Development
3 3 (18.75%) Business Analysis
3 3 (18.75%) Multithreading
3 3 (18.75%) Electronic Trading
3 3 (18.75%) Continuous Improvement
4 2 (12.50%) Event-Driven Architecture
4 2 (12.50%) Refactoring
5 1 (6.25%) Migration
5 1 (6.25%) Stakeholder Management
5 1 (6.25%) Scrum
5 1 (6.25%) Workflow Management
5 1 (6.25%) TDD
5 1 (6.25%) Asset Management
5 1 (6.25%) Data Management
5 1 (6.25%) Data Analysis
5 1 (6.25%) Fund Management
5 1 (6.25%) Requirements Management
5 1 (6.25%) User Acceptance Testing
Programming Languages
1 4 (25.00%) Java
1 4 (25.00%) SQL
2 2 (12.50%) C++
3 1 (6.25%) Scala
Qualifications
1 2 (12.50%) ISEB
2 1 (6.25%) Degree
Quality Assurance & Compliance
1 1 (6.25%) QA
System Software
1 1 (6.25%) HDFS
Systems Management
1 1 (6.25%) HP Quality Center
Vendors
1 4 (25.00%) Oracle
2 2 (12.50%) Solace
2 2 (12.50%) IBM
2 2 (12.50%) Fidessa
2 2 (12.50%) SunGard
2 2 (12.50%) SmartStream
3 1 (6.25%) ION Trading
3 1 (6.25%) Bloomberg
3 1 (6.25%) Tradeweb
3 1 (6.25%) MarketAxess