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 4 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
4 Sep 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 615 601 563
Rank change year-on-year
-14 -38
Contract jobs citing Straight-Through Processing 18 9 24
As % of all contract IT jobs located in the UK 0.031% 0.016% 0.046%
As % of the Processes & Methodologies category 0.039% 0.021% 0.061%
Number of daily rates quoted 16 6 17
Average 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 £519 £385 £425
10% offered a daily rate of more than £575 £700 £622
UK excluding London average daily rate £600 - -
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
45685 42476 39076
As % of all contract IT jobs located in the UK 78.18% 76.04% 74.95%
Number of daily rates quoted 29782 26353 24011
Average daily rate £425 £410 £400
Average daily rate % change year-on-year
+3.65% +2.50%
90% offered a daily rate of more than £290 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £400 £375 £370
% change year-on-year
+6.66% +1.35%
Number of hourly rates quoted 1243 1161 1109
Average hourly rate £31.44 £25.00 £30.00
Average hourly rate % change year-on-year
+25.76% -16.66%
90% offered a hourly rate of more than £12.50 £12.62 £12.50
10% offered a hourly rate of more than £51.17 £55.00 £50.00
UK excluding London average hourly rate £32.50 £26.98 £30.50
% change year-on-year
+20.48% -11.55%

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 4 September 2015.

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 6 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 4 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
England +6 18 £525 -4.54% 2
London +16 17 £525 -4.54% 2
Canary Wharf - 3 £525 -
City of London +8 1 £525 +32.91% 1
Manchester - 1 £600 -
North West - 1 £600 -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 4 September 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 14 (66.67%) Foreign Exchange (FX)
1 14 (66.67%) E-Commerce
1 14 (66.67%) Multithreading
2 9 (42.86%) Banking
3 8 (38.10%) User Acceptance Testing
3 8 (38.10%) Performance Testing
3 8 (38.10%) Linux
3 8 (38.10%) C++
4 7 (33.33%) Java
4 7 (33.33%) SQL
5 6 (28.57%) Swing
6 5 (23.81%) STL
6 5 (23.81%) Boost C++ Libraries
6 5 (23.81%) Concurrent Programming
7 4 (19.05%) Finance
8 3 (14.29%) Front Office
8 3 (14.29%) Investment Banking
9 2 (9.52%) Agile Software Development
9 2 (9.52%) Fixed Income
9 2 (9.52%) Target Operating Model
9 2 (9.52%) Oracle
9 2 (9.52%) Sybase
10 1 (4.76%) MS Office
10 1 (4.76%) JDBC
10 1 (4.76%) SQL Server
10 1 (4.76%) JavaScript
10 1 (4.76%) Perl
10 1 (4.76%) HTML
10 1 (4.76%) XML
10 1 (4.76%) UNIX

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 4 September 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.

Applications
1 1 (4.76%) MS Office
Business Applications
1 1 (4.76%) Kondor+
Database & Business Intelligence
1 1 (4.76%) SQL Server
1 1 (4.76%) Relational Database
General
1 9 (42.86%) Banking
2 4 (19.05%) Finance
3 3 (14.29%) Front Office
3 3 (14.29%) Investment Banking
4 1 (4.76%) Financial Institution
4 1 (4.76%) Retail
4 1 (4.76%) Billing
4 1 (4.76%) Back Office
4 1 (4.76%) Law
Job Titles
1 15 (71.43%) Developer
2 8 (38.10%) C++ Developer
3 5 (23.81%) Java Developer
4 4 (19.05%) Java Swing Developer
5 3 (14.29%) Analyst
6 2 (9.52%) Payments Business Analyst
6 2 (9.52%) Project Manager
6 2 (9.52%) Business Analyst
7 1 (4.76%) Risk Analyst
7 1 (4.76%) Finance Project Manager
7 1 (4.76%) Change Project Manager
7 1 (4.76%) Senior Manager
7 1 (4.76%) Support Analyst
7 1 (4.76%) Senior Business Analyst
7 1 (4.76%) Senior Analyst
7 1 (4.76%) Change Manager
7 1 (4.76%) Senior Project Manager
Libraries, Frameworks & Software Standards
1 6 (28.57%) Swing
2 5 (23.81%) STL
2 5 (23.81%) Boost C++ Libraries
3 1 (4.76%) AngularJS
3 1 (4.76%) XML
3 1 (4.76%) HTML
3 1 (4.76%) JDBC
3 1 (4.76%) JMS
3 1 (4.76%) FpML
3 1 (4.76%) Spring
Miscellaneous
1 14 (66.67%) Foreign Exchange (FX)
2 2 (9.52%) Fixed Income
3 1 (4.76%) Derivative
3 1 (4.76%) Credit Risk
3 1 (4.76%) Reference Data
Operating Systems
1 8 (38.10%) Linux
2 1 (4.76%) UNIX
Processes & Methodologies
1 14 (66.67%) E-Commerce
1 14 (66.67%) Multithreading
2 8 (38.10%) User Acceptance Testing
2 8 (38.10%) Performance Testing
3 5 (23.81%) Concurrent Programming
4 2 (9.52%) Target Operating Model
4 2 (9.52%) Agile Software Development
5 1 (4.76%) Data Analysis
5 1 (4.76%) Business Analysis
5 1 (4.76%) Project Management
5 1 (4.76%) Workflow
5 1 (4.76%) Stakeholder Management
5 1 (4.76%) Scrum
5 1 (4.76%) Risk Assessment
5 1 (4.76%) RAD
5 1 (4.76%) Kanban
5 1 (4.76%) Cash Management
5 1 (4.76%) Portfolio Management
5 1 (4.76%) Low Latency
Programming Languages
1 8 (38.10%) C++
2 7 (33.33%) Java
2 7 (33.33%) SQL
3 1 (4.76%) Python
3 1 (4.76%) JavaScript
3 1 (4.76%) Perl
Vendors
1 2 (9.52%) Oracle
1 2 (9.52%) Sybase
2 1 (4.76%) Bloomberg