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 31 October 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
31 Oct 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 603 561 541
Rank change year-on-year
-42 -20
Contract jobs citing Straight-Through Processing 9 26 34
As % of all contract IT jobs located in the UK 0.016% 0.050% 0.063%
As % of the Processes & Methodologies category 0.021% 0.067% 0.088%
Number of daily rates quoted 5 20 29
Average daily rate
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of your Daily Rate
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£400 £525 £450
Average daily rate % change year-on-year
-23.80% +16.66%
90% offered a daily rate of more than £383 £229 £204
10% offered a daily rate of more than £559 £622 £610
UK excluding London average daily rate - £455 -
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
42724 38810 38732
As % of all contract IT jobs located in the UK 73.64% 74.15% 71.88%
Number of daily rates quoted 27578 24127 22614
Average daily rate £418 £400 £400
Average daily rate % change year-on-year
+4.37% -
90% offered a daily rate of more than £275 £275 £270
10% offered a daily rate of more than £587 £575 £575
UK excluding London average daily rate £380 £363 £368
% change year-on-year
+4.68% -1.36%
Number of hourly rates quoted 1161 1169 1421
Average hourly rate £25.00 £25.00 £28.50
Average hourly rate % change year-on-year
- -12.28%
90% offered a hourly rate of more than £12.00 £12.50 £12.50
10% offered a hourly rate of more than £50.00 £45.00 £46.00
UK excluding London average hourly rate £25.00 £27.50 £27.50
% change year-on-year
-9.09% -

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 31 October 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 31 October 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 -9 8 £400 -23.80% 3
England -52 8 £400 -23.80% 3
City of London +14 2 £505 -3.80% 1
East of England - - - -
Essex - - - -
Basildon - - - -
Brentwood - - - -
Croydon - - - -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 31 October 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 11 (64.71%) Finance
2 8 (47.06%) Banking
3 6 (35.29%) Agile Software Development
4 5 (29.41%) Workflow
4 5 (29.41%) Front Office
4 5 (29.41%) PRINCE2
4 5 (29.41%) User Acceptance Testing
5 4 (23.53%) WPF
5 4 (23.53%) C#
5 4 (23.53%) Derivative
6 3 (17.65%) Asset Management
6 3 (17.65%) MS PowerPoint
6 3 (17.65%) Oracle
6 3 (17.65%) SQL Server
6 3 (17.65%) Back Office
6 3 (17.65%) MS Visio
6 3 (17.65%) UML
6 3 (17.65%) Project Management
6 3 (17.65%) Fund Management
6 3 (17.65%) Electronic Trading
6 3 (17.65%) Investment Management
6 3 (17.65%) Test Planning
6 3 (17.65%) Market Making
7 2 (11.76%) Six Sigma Black Belt
7 2 (11.76%) Business Process Improvement
7 2 (11.76%) Mentoring
7 2 (11.76%) Coaching
7 2 (11.76%) Test Scripting
7 2 (11.76%) HP Quality Center
7 2 (11.76%) Process Improvement

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 31 October 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 (5.88%) CMS
1 1 (5.88%) TIBCO EMS
1 1 (5.88%) Oracle Coherence
Applications
1 3 (17.65%) MS Visio
1 3 (17.65%) MS PowerPoint
2 2 (11.76%) MS Excel
3 1 (5.88%) MS Project
Business Applications
1 2 (11.76%) Dynamics CRM
2 1 (5.88%) RMDS
Communications & Networking
1 1 (5.88%) Internet
Database & Business Intelligence
1 3 (17.65%) SQL Server
2 1 (5.88%) Relational Database
General
1 11 (64.71%) Finance
2 8 (47.06%) Banking
3 5 (29.41%) Front Office
4 3 (17.65%) Back Office
5 1 (5.88%) Legal
5 1 (5.88%) Retail
5 1 (5.88%) Investment Banking
5 1 (5.88%) Retail Banking
5 1 (5.88%) Corporate Banking
5 1 (5.88%) Marketing
Job Titles
1 7 (41.18%) Project Manager
2 3 (17.65%) Business Analyst
2 3 (17.65%) Coordinator
2 3 (17.65%) Test Coordinator
2 3 (17.65%) Analyst
3 2 (11.76%) Developer
4 1 (5.88%) Architect
4 1 (5.88%) C# Developer
4 1 (5.88%) CRM Project Manager
4 1 (5.88%) Copywriter
4 1 (5.88%) Gloss Business Analyst
4 1 (5.88%) CRM Manager
4 1 (5.88%) Test Leader
4 1 (5.88%) Applications Developer
Libraries, Frameworks & Software Standards
1 4 (23.53%) WPF
2 1 (5.88%) CORBA
2 1 (5.88%) JMS
Miscellaneous
1 4 (23.53%) Derivative
2 1 (5.88%) Online Banking
2 1 (5.88%) Computer Science
2 1 (5.88%) Copywriting
2 1 (5.88%) Mobile Banking
2 1 (5.88%) Data Structures
2 1 (5.88%) Foreign Exchange (FX)
2 1 (5.88%) Management Information System
2 1 (5.88%) Fixed Income
2 1 (5.88%) Equities
Operating Systems
1 2 (11.76%) Solaris
1 2 (11.76%) Linux
2 1 (5.88%) UNIX
2 1 (5.88%) Windows
Processes & Methodologies
1 6 (35.29%) Agile Software Development
2 5 (29.41%) Workflow
2 5 (29.41%) PRINCE2
2 5 (29.41%) User Acceptance Testing
3 3 (17.65%) Test Planning
3 3 (17.65%) Fund Management
3 3 (17.65%) Electronic Trading
3 3 (17.65%) Investment Management
3 3 (17.65%) UML
3 3 (17.65%) Project Management
3 3 (17.65%) Asset Management
3 3 (17.65%) Market Making
4 2 (11.76%) Stakeholder Management
4 2 (11.76%) Programme Management
4 2 (11.76%) Service Management
4 2 (11.76%) Change Management
4 2 (11.76%) CRM
4 2 (11.76%) Six Sigma
4 2 (11.76%) Workflow Management
4 2 (11.76%) Mentoring
Programming Languages
1 4 (23.53%) C#
2 2 (11.76%) C++
2 2 (11.76%) Java
2 2 (11.76%) SQL
Qualifications
1 2 (11.76%) Six Sigma Black Belt
2 1 (5.88%) Degree
Quality Assurance & Compliance
1 1 (5.88%) QA
Systems Management
1 2 (11.76%) HP Quality Center
Vendors
1 3 (17.65%) Oracle
2 1 (5.88%) Sybase
2 1 (5.88%) IBM
2 1 (5.88%) Microsoft
2 1 (5.88%) Misys
2 1 (5.88%) TIBCO