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 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
24 Oct 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 605 552 552
Rank change year-on-year
-53 0
Contract jobs citing Straight-Through Processing 8 25 36
As % of all contract IT jobs located in the UK 0.014% 0.048% 0.066%
As % of the Processes & Methodologies category 0.019% 0.064% 0.092%
Number of daily rates quoted 5 21 30
Average daily rate
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£400 £525 £494
Average daily rate % change year-on-year
-23.80% +6.32%
90% offered a daily rate of more than £383 £235 £170
10% offered a daily rate of more than £559 £620 £605
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
42997 38902 39217
As % of all contract IT jobs located in the UK 73.67% 74.17% 71.98%
Number of daily rates quoted 27643 24141 22845
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 £270
10% offered a daily rate of more than £585 £575 £575
UK excluding London average daily rate £375 £363 £370
% change year-on-year
+3.44% -2.02%
Number of hourly rates quoted 1190 1157 1447
Average hourly rate £24.00 £26.00 £28.00
Average hourly rate % change year-on-year
-7.69% -7.14%
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 £45.00
UK excluding London average hourly rate £25.38 £29.00 £26.90
% change year-on-year
-12.50% +7.80%

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 24 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 24 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 -23 7 £400 -23.80% 4
England -44 7 £400 -23.80% 5
City of London +10 2 £505 -3.80% 2
East of England - - - - 1
Essex - - - - 1
Basildon - - - - 1
Brentwood - - - -
Croydon - - - -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 24 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 5 (29.41%) Agile Software Development
3 5 (29.41%) Derivative
3 5 (29.41%) Workflow
3 5 (29.41%) Front Office
3 5 (29.41%) PRINCE2
3 5 (29.41%) User Acceptance Testing
4 4 (23.53%) WPF
4 4 (23.53%) C#
4 4 (23.53%) Project Management
5 3 (17.65%) Back Office
5 3 (17.65%) UML
5 3 (17.65%) SQL Server
5 3 (17.65%) MS Visio
5 3 (17.65%) Fund Management
5 3 (17.65%) MS PowerPoint
5 3 (17.65%) Asset Management
5 3 (17.65%) Stakeholder Management
5 3 (17.65%) Electronic Trading
5 3 (17.65%) Investment Management
5 3 (17.65%) Test Planning
6 2 (11.76%) Mentoring
6 2 (11.76%) Coaching
6 2 (11.76%) Business Process Improvement
6 2 (11.76%) Process Improvement
6 2 (11.76%) Test Scripting
6 2 (11.76%) HP Quality Center
6 2 (11.76%) Programme Management
6 2 (11.76%) Dynamics CRM

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 24 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%) Retail
5 1 (5.88%) Investment Banking
5 1 (5.88%) Retail Banking
5 1 (5.88%) Marketing
Job Titles
1 8 (47.06%) Project Manager
2 3 (17.65%) Business Analyst
2 3 (17.65%) Coordinator
2 3 (17.65%) Analyst
2 3 (17.65%) Test Coordinator
3 1 (5.88%) C# Developer
3 1 (5.88%) IT Project Manager
3 1 (5.88%) CRM Project Manager
3 1 (5.88%) Copywriter
3 1 (5.88%) Gloss Business Analyst
3 1 (5.88%) CRM Manager
3 1 (5.88%) Test Leader
3 1 (5.88%) Architect
3 1 (5.88%) Developer
Libraries, Frameworks & Software Standards
1 4 (23.53%) WPF
2 1 (5.88%) JMS
Miscellaneous
1 5 (29.41%) Derivative
2 2 (11.76%) Foreign Exchange (FX)
3 1 (5.88%) Management Information System
3 1 (5.88%) Fixed Income
3 1 (5.88%) Equities
3 1 (5.88%) Online Banking
3 1 (5.88%) Computer Science
3 1 (5.88%) Copywriting
3 1 (5.88%) Reference Data
3 1 (5.88%) Mobile Banking
3 1 (5.88%) Analytical Skills
3 1 (5.88%) Data Structures
Operating Systems
1 1 (5.88%) Windows
1 1 (5.88%) Solaris
1 1 (5.88%) Linux
Processes & Methodologies
1 5 (29.41%) PRINCE2
1 5 (29.41%) Workflow
1 5 (29.41%) Agile Software Development
1 5 (29.41%) User Acceptance Testing
2 4 (23.53%) Project Management
3 3 (17.65%) UML
3 3 (17.65%) Asset Management
3 3 (17.65%) Stakeholder Management
3 3 (17.65%) Test Planning
3 3 (17.65%) Fund Management
3 3 (17.65%) Electronic Trading
3 3 (17.65%) Investment Management
4 2 (11.76%) Six Sigma
4 2 (11.76%) Workflow Management
4 2 (11.76%) Mentoring
4 2 (11.76%) Coaching
4 2 (11.76%) Test Scripting
4 2 (11.76%) Business Process Improvement
4 2 (11.76%) Process Improvement
4 2 (11.76%) Programme Management
Programming Languages
1 4 (23.53%) C#
2 2 (11.76%) Java
3 1 (5.88%) SQL
3 1 (5.88%) C++
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 2 (11.76%) Oracle
2 1 (5.88%) Sybase
2 1 (5.88%) Microsoft
2 1 (5.88%) Misys
2 1 (5.88%) TIBCO