The first table below looks at the demand 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 11 July 2014 with a comparison to the same period in the previous 2 years. The second table is for comparison and provides aggregates for all of the Processes & Methodologies category.

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
11 Jul 2014
Same period 2013 Same period 2012
Straight-Through Processing
Rank 569 540 559
Rank change year-on-year
-29 +19
Contract jobs citing Straight-Through Processing 11 30 26
As % of all contract IT jobs located in the UK 0.021% 0.060% 0.045%
As % of the Processes & Methodologies category 0.028% 0.082% 0.065%
Number of daily rates quoted 7 18 24
Average daily rate
Keep up to 90%
of your Daily Rate
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£588 £525 £425
Average daily rate % change year-on-year
+11.90% +23.52%
90% offered a daily rate of more than £358 £294 £354
10% offered a daily rate of more than £700 £608 £568
UK excluding London average daily rate £440 £510 £419
% change year-on-year
-13.72% +21.79%
Number of hourly rates quoted 0 0 0
Average hourly rate - - -
UK excluding London average hourly rate - - -
Processes & Methodologies Category
UK
Contract IT job ads with a match in the
Processes & Methodologies category
39028 36522 40170
As % of all contract IT jobs located in the UK 74.08% 72.85% 70.27%
Number of daily rates quoted 24228 22021 22957
Average daily rate £400 £410 £400
Average daily rate % change year-on-year
-2.43% +2.50%
90% offered a daily rate of more than £275 £273 £270
10% offered a daily rate of more than £563 £575 £575
UK excluding London average daily rate £375 £375 £363
% change year-on-year
- +3.44%
Number of hourly rates quoted 1171 1067 1398
Average hourly rate £25.00 £30.00 £30.00
Average hourly rate % change year-on-year
-16.66% -
90% offered a hourly rate of more than £12.50 £12.50 £13.00
10% offered a hourly rate of more than £47.00 £46.00 £45.00
UK excluding London average hourly rate £27.00 £31.00 £30.00
% change year-on-year
-12.90% +3.33%

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 11 July 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 11 July 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
England -29 11 £588 +11.90% 1
London -24 8 £644 +22.61% 1
City of London +14 3 £583 +10.95% 1
North West - 1 - -
Cheshire - 1 - -
Chester - 1 - -
Edinburgh - - - -
Scotland - - - -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 11 July 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 15 (65.22%) Banking
2 13 (56.52%) Finance
3 9 (39.13%) Agile Software Development
4 8 (34.78%) Foreign Exchange (FX)
5 7 (30.43%) Workflow
5 7 (30.43%) Derivative
6 6 (26.09%) Front Office
7 5 (21.74%) Back Office
7 5 (21.74%) Equities
7 5 (21.74%) PRINCE2
7 5 (21.74%) Internet
7 5 (21.74%) Online Banking
7 5 (21.74%) Marketing
7 5 (21.74%) Mobile Banking
8 4 (17.39%) Migration
8 4 (17.39%) Change Management
8 4 (17.39%) Project Management
9 3 (13.04%) Stakeholder Management
9 3 (13.04%) CMS
9 3 (13.04%) UML
9 3 (13.04%) MS Visio
9 3 (13.04%) SQL Server
9 3 (13.04%) C#
9 3 (13.04%) SQL
9 3 (13.04%) Electronic Trading
9 3 (13.04%) MS PowerPoint
9 3 (13.04%) Fixed Income
9 3 (13.04%) Content Management
9 3 (13.04%) WPF
9 3 (13.04%) User Acceptance Testing

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 11 July 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 3 (13.04%) CMS
2 1 (4.35%) Apache
2 1 (4.35%) SharePoint
Applications
1 3 (13.04%) MS Visio
1 3 (13.04%) MS PowerPoint
2 2 (8.70%) MS Excel
3 1 (4.35%) MS Project
Business Applications
1 2 (8.70%) Dynamics CRM
2 1 (4.35%) Advent Geneva
2 1 (4.35%) RMDS
Communications & Networking
1 5 (21.74%) Internet
Database & Business Intelligence
1 3 (13.04%) SQL Server
2 1 (4.35%) Crystal Reports
2 1 (4.35%) Oracle Reports
2 1 (4.35%) RDBMS
2 1 (4.35%) Relational Database
Development Applications
1 1 (4.35%) Ant
1 1 (4.35%) WinRunner
1 1 (4.35%) ClearQuest
1 1 (4.35%) Maven
1 1 (4.35%) JIRA
1 1 (4.35%) Selenium
1 1 (4.35%) Git (software)
1 1 (4.35%) RIATest
1 1 (4.35%) Jenkins
General
1 15 (65.22%) Banking
2 13 (56.52%) Finance
3 6 (26.09%) Front Office
4 5 (21.74%) Back Office
4 5 (21.74%) Marketing
5 2 (8.70%) Retail
5 2 (8.70%) Investment Banking
6 1 (4.35%) Retail Banking
6 1 (4.35%) Financial Institution
Job Titles
1 7 (30.43%) Project Manager
2 5 (21.74%) Analyst
3 4 (17.39%) Business Analyst
4 3 (13.04%) Copywriter
5 2 (8.70%) Developer
6 1 (4.35%) Gloss Business Analyst
6 1 (4.35%) CRM Manager
6 1 (4.35%) Coordinator
6 1 (4.35%) Test Analyst
6 1 (4.35%) Test Coordinator
6 1 (4.35%) IT Project Manager
6 1 (4.35%) CRM Project Manager
6 1 (4.35%) QA Test Analyst
6 1 (4.35%) HTML Developer
6 1 (4.35%) QA Analyst
Libraries, Frameworks & Software Standards
1 3 (13.04%) WPF
2 2 (8.70%) jQuery
2 2 (8.70%) HTML5
2 2 (8.70%) CSS3
2 2 (8.70%) HTML
2 2 (8.70%) CSS
2 2 (8.70%) Hibernate
2 2 (8.70%) Spring
3 1 (4.35%) Apache Flex
3 1 (4.35%) XML
3 1 (4.35%) FpML
Miscellaneous
1 8 (34.78%) Foreign Exchange (FX)
2 7 (30.43%) Derivative
3 5 (21.74%) Online Banking
3 5 (21.74%) Equities
3 5 (21.74%) Mobile Banking
4 3 (13.04%) Fixed Income
4 3 (13.04%) Copywriting
5 2 (8.70%) Reference Data
5 2 (8.70%) W3C
6 1 (4.35%) Management Information System
6 1 (4.35%) Credit Derivative
6 1 (4.35%) SWIFT
6 1 (4.35%) Enterprise Software
Operating Systems
1 2 (8.70%) UNIX
2 1 (4.35%) Linux
Processes & Methodologies
1 9 (39.13%) Agile Software Development
2 7 (30.43%) Workflow
3 5 (21.74%) PRINCE2
4 4 (17.39%) Project Management
4 4 (17.39%) Change Management
4 4 (17.39%) Migration
5 3 (13.04%) Stakeholder Management
5 3 (13.04%) UML
5 3 (13.04%) Content Management
5 3 (13.04%) User Acceptance Testing
5 3 (13.04%) Electronic Trading
6 2 (8.70%) Business Process Improvement
6 2 (8.70%) Process Improvement
6 2 (8.70%) Unit Testing
6 2 (8.70%) Workflow Management
6 2 (8.70%) CRM
6 2 (8.70%) Service Management
6 2 (8.70%) Six Sigma
6 2 (8.70%) Programme Management
7 1 (4.35%) Data Management
Programming Languages
1 3 (13.04%) SQL
1 3 (13.04%) C#
2 2 (8.70%) Java
3 1 (4.35%) Perl
3 1 (4.35%) VBScript
3 1 (4.35%) VB
3 1 (4.35%) Shell Script
3 1 (4.35%) Bash Shell
Qualifications
1 2 (8.70%) Six Sigma Black Belt
2 1 (4.35%) ISEB
2 1 (4.35%) ISEB Practitioner
Quality Assurance & Compliance
1 2 (8.70%) WAI
1 2 (8.70%) QA
Systems Management
1 2 (8.70%) HP Quality Center
Vendors
1 2 (8.70%) Microsoft
1 2 (8.70%) Calypso
2 1 (4.35%) Actuate
2 1 (4.35%) TIBCO
2 1 (4.35%) Reuters
2 1 (4.35%) Bloomberg
2 1 (4.35%) Advent
2 1 (4.35%) Oracle
2 1 (4.35%) Business Objects