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 contractor rates offered in IT contracts that have cited Straight-Through Processing over the 3 months to 24 August 2016 with a comparison to the same period over 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.

3 months to
24 Aug 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 653 650 617
Rank change year-on-year
-3 -33
Contract jobs citing Straight-Through Processing 8 12 7
As % of all contract IT jobs located in the UK 0.015% 0.021% 0.013%
As % of the Processes & Methodologies category 0.018% 0.026% 0.016%
Number of daily rates quoted 4 11 4
Median daily rate £563 £525 £700
Median daily rate % change year-on-year
+7.14% -25.00%
UK excluding London median daily rate - £600 £440
% change year-on-year
- +36.36%
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median 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
45124 46910 43512
As % of all contract IT jobs located in the UK 82.77% 80.26% 78.45%
Number of daily rates quoted 29802 30476 26956
Median daily rate £438 £423 £401
Median daily rate % change year-on-year
+3.55% +5.36%
90% offered a daily rate of more than £300 £288 £275
10% offered a daily rate of more than £600 £575 £575
UK excluding London median daily rate £400 £395 £375
% change year-on-year
+1.26% +5.33%
Number of hourly rates quoted 1113 1272 1173
Median hourly rate £29.50 £30.01 £23.50
Median hourly rate % change year-on-year
-1.69% +27.70%
90% offered a hourly rate of more than £12.50 £12.50 £12.50
10% offered a hourly rate of more than £52.00 £52.13 £50.00
UK excluding London median hourly rate £30.50 £32.50 £25.75
% change year-on-year
-6.15% +26.21%

Straight-Through Processing
Jobs Demand Trend

The demand trend of contract jobs citing Straight-Through Processing as a proportion of all IT contracts with a match in 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 median contractor rates quoted in IT jobs citing Straight-Through Processing within the UK over the 3 months to 24 August 2016. 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
(Click see detailed
statistics and trends)
Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Last 3 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
London +2 8 £563 +7.14%
England -2 8 £563 +7.14%
City of London +34 3 £525 -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 24 August 2016, IT contractor jobs citing Straight-Through Processing also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads with a requirement for Straight-Through Processing.

1 11 (68.75%) Finance
2 7 (43.75%) SQL
3 5 (31.25%) Validation
3 5 (31.25%) Data Management
3 5 (31.25%) Reference Data
3 5 (31.25%) Master Data Management
3 5 (31.25%) Data Quality
3 5 (31.25%) Analytical Skills
4 4 (25.00%) Target Operating Model
4 4 (25.00%) Data Governance
4 4 (25.00%) Data Integration
4 4 (25.00%) Degree
4 4 (25.00%) Banking
4 4 (25.00%) Investment Banking
4 4 (25.00%) Foreign Exchange (FX)
4 4 (25.00%) Oracle
5 3 (18.75%) Java
5 3 (18.75%) Management Information System
5 3 (18.75%) Back Office
5 3 (18.75%) Stakeholder Management
5 3 (18.75%) QA
5 3 (18.75%) User Acceptance Testing
6 2 (12.50%) Multithreading
6 2 (12.50%) Gherkin
6 2 (12.50%) User Stories
6 2 (12.50%) Mobile App
6 2 (12.50%) Mobile Application Development
6 2 (12.50%) Lucidchart
6 2 (12.50%) ITRS Geneos
6 2 (12.50%) Oracle Cash Management

Straight-Through Processing
Top Related IT Skills by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 2 (12.50%) MS Visio
1 2 (12.50%) OmniGraffle
Business Applications
1 2 (12.50%) Oracle Cash Management
2 1 (6.25%) AWD
2 1 (6.25%) ION MarketView
Cloud Services
1 2 (12.50%) Google Cloud Platform
1 2 (12.50%) Lucidchart
Database & Business Intelligence
1 2 (12.50%) DB2
1 2 (12.50%) Oracle Reports
1 2 (12.50%) QlikView
1 2 (12.50%) SQL Server
Development Applications
1 2 (12.50%) JIRA
General
1 11 (68.75%) Finance
2 4 (25.00%) Banking
2 4 (25.00%) Investment Banking
3 3 (18.75%) Back Office
4 2 (12.50%) Front Office
5 1 (6.25%) Legal
Job Titles
1 5 (31.25%) Analyst
1 5 (31.25%) Architect
2 4 (25.00%) Business Analyst
2 4 (25.00%) Data Architect
2 4 (25.00%) Data Integration Architect
2 4 (25.00%) Integration Architect
3 3 (18.75%) Developer
3 3 (18.75%) Java Developer
4 2 (12.50%) Java Swing Developer
4 2 (12.50%) Production Manager
4 2 (12.50%) Support Manager
4 2 (12.50%) Wealth Management Business Analyst
5 1 (6.25%) Asset Management Analyst
5 1 (6.25%) Asset Management Business Analyst
5 1 (6.25%) Automation Architect
5 1 (6.25%) Automation Consultant
5 1 (6.25%) FX Business Analyst
5 1 (6.25%) Lead Java Developer
5 1 (6.25%) Technical Analyst
5 1 (6.25%) Workflow Consultant
Libraries, Frameworks & Software Standards
1 2 (12.50%) Gherkin
1 2 (12.50%) Middleware
1 2 (12.50%) Oracle Fusion
1 2 (12.50%) RESTful
1 2 (12.50%) Swing
1 2 (12.50%) Web Services
2 1 (6.25%) Spring
2 1 (6.25%) Spring Integration
Miscellaneous
1 5 (31.25%) Analytical Skills
1 5 (31.25%) Reference Data
2 4 (25.00%) Data Integration
2 4 (25.00%) Foreign Exchange (FX)
3 3 (18.75%) Management Information System
4 2 (12.50%) Credit Risk
4 2 (12.50%) Fixed Income
4 2 (12.50%) iSeries
4 2 (12.50%) Mobile App
5 1 (6.25%) Computer Science
5 1 (6.25%) Credit Derivative
5 1 (6.25%) Derivative
5 1 (6.25%) Equities
Operating Systems
1 2 (12.50%) Linux
1 2 (12.50%) Unix
1 2 (12.50%) Windows
1 2 (12.50%) Windows Server
Processes & Methodologies
1 5 (31.25%) Data Management
1 5 (31.25%) Master Data Management
1 5 (31.25%) Validation
2 4 (25.00%) Data Governance
2 4 (25.00%) Target Operating Model
3 3 (18.75%) Stakeholder Management
3 3 (18.75%) User Acceptance Testing
4 2 (12.50%) Agile Software Development
4 2 (12.50%) Asset Management
4 2 (12.50%) BDD
4 2 (12.50%) Budget Control
4 2 (12.50%) Cash Management
4 2 (12.50%) Data Modelling
4 2 (12.50%) E-Commerce
4 2 (12.50%) ITIL
4 2 (12.50%) Mobile Application Development
4 2 (12.50%) Multithreading
4 2 (12.50%) Scrum
4 2 (12.50%) TDD
4 2 (12.50%) User Stories
Programming Languages
1 7 (43.75%) SQL
2 3 (18.75%) Java
3 2 (12.50%) Perl
3 2 (12.50%) Shell Script
3 2 (12.50%) VBA
Qualifications
1 4 (25.00%) Degree
Quality Assurance & Compliance
1 5 (31.25%) Data Quality
2 3 (18.75%) QA
Systems Management
1 2 (12.50%) Control-M
1 2 (12.50%) ITRS Geneos
Vendors
1 4 (25.00%) Oracle
2 2 (12.50%) Atlassian
2 2 (12.50%) Cognos
2 2 (12.50%) Google
2 2 (12.50%) SmartStream
2 2 (12.50%) Sun
2 2 (12.50%) Sybase
3 1 (6.25%) Calypso
3 1 (6.25%) GoldenSource
3 1 (6.25%) ION Trading