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 22 September 2014 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
22 Sep 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 597 546 555
Rank change year-on-year
-51 +9
Contract jobs citing Straight-Through Processing 9 28 38
As % of all contract IT jobs located in the UK 0.016% 0.053% 0.065%
As % of the Processes & Methodologies category 0.021% 0.072% 0.090%
Number of daily rates quoted 5 20 33
Average daily rate
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£400 £525 £425
Average daily rate % change year-on-year
-23.80% +23.52%
90% offered a daily rate of more than £383 £400 £171
10% offered a daily rate of more than £700 £602 £600
UK excluding London average daily rate - £455 £413
% change year-on-year
- +10.30%
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
42741 39110 42091
As % of all contract IT jobs located in the UK 73.95% 74.08% 71.98%
Number of daily rates quoted 26680 24151 24372
Average daily rate £413 £400 £400
Average daily rate % change year-on-year
+3.12% -
90% offered a daily rate of more than £275 £275 £265
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £375 £368 £363
% change year-on-year
+2.04% +1.37%
Number of hourly rates quoted 1185 1098 1551
Average hourly rate £24.00 £27.50 £31.00
Average hourly rate % change year-on-year
-12.72% -11.29%
90% offered a hourly rate of more than £12.50 £12.00 £12.50
10% offered a hourly rate of more than £53.50 £46.00 £46.00
UK excluding London average hourly rate £26.00 £30.00 £30.00
% change year-on-year
-13.33% -

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
Daily Rate Histogram

This chart provides a histogram of daily rates quoted in contract IT jobs citing Straight-Through Processing within the UK over the 3 months to 22 September 2014.

Straight-Through Processing Daily Rate Histogram 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 8 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 22 September 2014. 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 -14 8 £400 -23.80% 7
England -56 8 £400 -23.80% 7
City of London +16 1 £395 -24.76% 5
Scotland -8 1 - -
East of England - - - -
Essex - - - -
Basildon - - - -
Edinburgh - - - -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 22 September 2014, 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 12 (60.00%) Finance
2 11 (55.00%) Banking
3 7 (35.00%) Agile Software Development
4 5 (25.00%) Derivative
4 5 (25.00%) PRINCE2
4 5 (25.00%) Workflow
4 5 (25.00%) User Acceptance Testing
5 4 (20.00%) Fund Management
5 4 (20.00%) WPF
5 4 (20.00%) Test Planning
5 4 (20.00%) C#
5 4 (20.00%) Project Management
5 4 (20.00%) Front Office
5 4 (20.00%) Back Office
6 3 (15.00%) Migration
6 3 (15.00%) MS PowerPoint
6 3 (15.00%) Asset Management
6 3 (15.00%) Internet
6 3 (15.00%) MS Visio
6 3 (15.00%) Foreign Exchange (FX)
6 3 (15.00%) SQL Server
6 3 (15.00%) UML
6 3 (15.00%) Mobile Banking
6 3 (15.00%) HP Quality Center
6 3 (15.00%) Online Banking
6 3 (15.00%) Marketing
6 3 (15.00%) Electronic Trading
7 2 (10.00%) Investment Management
7 2 (10.00%) Test Scripting
7 2 (10.00%) jQuery

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 22 September 2014, 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 (5.00%) Apache
1 1 (5.00%) SharePoint
1 1 (5.00%) CMS
1 1 (5.00%) Oracle Coherence
Applications
1 3 (15.00%) MS Visio
1 3 (15.00%) MS PowerPoint
2 2 (10.00%) MS Excel
3 1 (5.00%) MS Project
Business Applications
1 2 (10.00%) Dynamics CRM
Communications & Networking
1 3 (15.00%) Internet
Database & Business Intelligence
1 3 (15.00%) SQL Server
2 1 (5.00%) Crystal Reports
2 1 (5.00%) Oracle Reports
2 1 (5.00%) RDBMS
2 1 (5.00%) Relational Database
Development Applications
1 1 (5.00%) Ant
1 1 (5.00%) Maven
1 1 (5.00%) Selenium
1 1 (5.00%) Git (software)
1 1 (5.00%) Jenkins
General
1 12 (60.00%) Finance
2 11 (55.00%) Banking
3 4 (20.00%) Front Office
3 4 (20.00%) Back Office
4 3 (15.00%) Marketing
5 2 (10.00%) Retail
6 1 (5.00%) Investment Banking
6 1 (5.00%) Retail Banking
6 1 (5.00%) Financial Institution
Job Titles
1 8 (40.00%) Project Manager
2 4 (20.00%) Coordinator
2 4 (20.00%) Test Coordinator
3 3 (15.00%) Developer
4 2 (10.00%) Analyst
4 2 (10.00%) Business Analyst
5 1 (5.00%) Architect
5 1 (5.00%) C# Developer
5 1 (5.00%) IT Project Manager
5 1 (5.00%) CRM Project Manager
5 1 (5.00%) HTML Developer
5 1 (5.00%) Copywriter
5 1 (5.00%) Gloss Business Analyst
5 1 (5.00%) CRM Manager
5 1 (5.00%) Test Leader
Libraries, Frameworks & Software Standards
1 4 (20.00%) WPF
2 2 (10.00%) jQuery
2 2 (10.00%) HTML5
2 2 (10.00%) CSS3
2 2 (10.00%) HTML
2 2 (10.00%) CSS
Miscellaneous
1 5 (25.00%) Derivative
2 3 (15.00%) Online Banking
2 3 (15.00%) Foreign Exchange (FX)
2 3 (15.00%) Mobile Banking
3 2 (10.00%) W3C
3 2 (10.00%) Reference Data
4 1 (5.00%) SWIFT
4 1 (5.00%) Copywriting
4 1 (5.00%) Management Information System
4 1 (5.00%) Equities
4 1 (5.00%) Analytical Skills
Processes & Methodologies
1 7 (35.00%) Agile Software Development
2 5 (25.00%) Workflow
2 5 (25.00%) PRINCE2
2 5 (25.00%) User Acceptance Testing
3 4 (20.00%) Fund Management
3 4 (20.00%) Test Planning
3 4 (20.00%) Project Management
4 3 (15.00%) UML
4 3 (15.00%) Migration
4 3 (15.00%) Asset Management
4 3 (15.00%) Electronic Trading
5 2 (10.00%) Investment Management
5 2 (10.00%) Mentoring
5 2 (10.00%) Coaching
5 2 (10.00%) Business Process Improvement
5 2 (10.00%) Process Improvement
5 2 (10.00%) Six Sigma
5 2 (10.00%) Workflow Management
5 2 (10.00%) Test Scripting
5 2 (10.00%) Stakeholder Management
Programming Languages
1 4 (20.00%) C#
2 1 (5.00%) C++
2 1 (5.00%) Java
2 1 (5.00%) SQL
2 1 (5.00%) Bash Shell
Qualifications
1 2 (10.00%) Six Sigma Black Belt
2 1 (5.00%) Degree
Quality Assurance & Compliance
1 2 (10.00%) WAI
2 1 (5.00%) QA
Systems Management
1 3 (15.00%) HP Quality Center
Vendors
1 2 (10.00%) Oracle
1 2 (10.00%) Microsoft
2 1 (5.00%) Misys
2 1 (5.00%) Actuate
2 1 (5.00%) Business Objects
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