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 30 January 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
30 Jan 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 572 538 522
Rank change year-on-year
-34 -16
Contract jobs citing Straight-Through Processing 11 15 17
As % of all contract IT jobs located in the UK 0.022% 0.031% 0.038%
As % of the Processes & Methodologies category 0.029% 0.042% 0.053%
Number of daily rates quoted 9 10 14
Average daily rate
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£550 £525 £550
Average daily rate % change year-on-year
+4.76% -4.54%
90% offered a daily rate of more than £253 £249 £247
10% offered a daily rate of more than £610 £550 £619
UK excluding London average daily rate - - -
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
38459 35783 32221
As % of all contract IT jobs located in the UK 75.37% 74.30% 72.18%
Number of daily rates quoted 24687 21730 19119
Average daily rate £423 £400 £400
Average daily rate % change year-on-year
+5.62% -
90% offered a daily rate of more than £285 £275 £275
10% offered a daily rate of more than £575 £575 £575
UK excluding London average daily rate £398 £375 £363
% change year-on-year
+6.00% +3.44%
Number of hourly rates quoted 1007 1095 1275
Average hourly rate £25.00 £27.25 £30.00
Average hourly rate % change year-on-year
-8.25% -9.16%
90% offered a hourly rate of more than £12.00 £12.00 £12.00
10% offered a hourly rate of more than £47.15 £47.50 £45.00
UK excluding London average hourly rate £26.00 £27.50 £31.32
% change year-on-year
-5.45% -12.19%

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 30 January 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 10 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 30 January 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
London -6 11 £550 +4.76% 4
England -19 11 £550 +4.76% 4
City of London +9 3 £550 +4.76% 3
South West - - - -
Scotland - - - -
East of England - - - -
Essex - - - -
Gloucestershire - - - -
Cheltenham - - - -
Glasgow - - - -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 30 January 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 16 (80.00%) Finance
2 10 (50.00%) Banking
3 7 (35.00%) Equities
4 6 (30.00%) Oracle
4 6 (30.00%) Front Office
5 5 (25.00%) Java
5 5 (25.00%) SQL
5 5 (25.00%) User Acceptance Testing
6 4 (20.00%) Workflow
6 4 (20.00%) Foreign Exchange (FX)
6 4 (20.00%) Project Management
6 4 (20.00%) Investment Management
7 3 (15.00%) Continuous Improvement
7 3 (15.00%) Middleware
7 3 (15.00%) C++
7 3 (15.00%) Solaris
7 3 (15.00%) Linux
7 3 (15.00%) Fund Management
7 3 (15.00%) Investment Banking
7 3 (15.00%) Stakeholder Management
7 3 (15.00%) Asset Management
7 3 (15.00%) Agile Software Development
8 2 (10.00%) Global One
8 2 (10.00%) Data Analysis
8 2 (10.00%) Legal
8 2 (10.00%) Business Analysis
8 2 (10.00%) Derivative
8 2 (10.00%) Equity Derivative
8 2 (10.00%) Degree
8 2 (10.00%) JIRA

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 30 January 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.

Application Platforms
1 1 (5.00%) TIBCO EMS
1 1 (5.00%) Oracle Coherence
Applications
1 2 (10.00%) MS Excel
1 2 (10.00%) MS Visio
Business Applications
1 2 (10.00%) Global One
2 1 (5.00%) RMDS
Database & Business Intelligence
1 1 (5.00%) Relational Database
Development Applications
1 2 (10.00%) JIRA
General
1 16 (80.00%) Finance
2 10 (50.00%) Banking
3 6 (30.00%) Front Office
4 3 (15.00%) Investment Banking
5 2 (10.00%) Legal
5 2 (10.00%) Corporate Banking
5 2 (10.00%) Back Office
6 1 (5.00%) Financial Institution
Job Titles
1 6 (30.00%) Developer
2 5 (25.00%) Business Analyst
2 5 (25.00%) Analyst
3 3 (15.00%) Coordinator
3 3 (15.00%) Project Manager
3 3 (15.00%) Test Coordinator
3 3 (15.00%) Java Developer
4 2 (10.00%) Senior Project Manager
4 2 (10.00%) Applications Developer
4 2 (10.00%) Senior Manager
4 2 (10.00%) FX Project Manager
4 2 (10.00%) Java Swing Developer
5 1 (5.00%) Test Leader
5 1 (5.00%) Architect
5 1 (5.00%) C# Developer
Libraries, Frameworks & Software Standards
1 3 (15.00%) Middleware
2 2 (10.00%) FIX Protocol
2 2 (10.00%) CORBA
2 2 (10.00%) Swing
3 1 (5.00%) JMS
3 1 (5.00%) WPF
Miscellaneous
1 7 (35.00%) Equities
2 4 (20.00%) Foreign Exchange (FX)
3 2 (10.00%) Derivative
3 2 (10.00%) Equity Derivative
3 2 (10.00%) Reference Data
4 1 (5.00%) Analytical Skills
4 1 (5.00%) Data Structures
4 1 (5.00%) Computer Science
4 1 (5.00%) Fixed Income
Operating Systems
1 3 (15.00%) Solaris
1 3 (15.00%) Linux
2 2 (10.00%) UNIX
3 1 (5.00%) Windows
Processes & Methodologies
1 5 (25.00%) User Acceptance Testing
2 4 (20.00%) Workflow
2 4 (20.00%) Project Management
2 4 (20.00%) Investment Management
3 3 (15.00%) Continuous Improvement
3 3 (15.00%) Fund Management
3 3 (15.00%) Stakeholder Management
3 3 (15.00%) Asset Management
3 3 (15.00%) Agile Software Development
4 2 (10.00%) Data Analysis
4 2 (10.00%) Business Analysis
4 2 (10.00%) Refactoring
4 2 (10.00%) Test Scripting
4 2 (10.00%) Multithreading
4 2 (10.00%) Electronic Trading
4 2 (10.00%) Event-Driven Architecture
4 2 (10.00%) Test Planning
5 1 (5.00%) Fund Accounting
5 1 (5.00%) Time Management
5 1 (5.00%) Software Deployment
Programming Languages
1 5 (25.00%) Java
1 5 (25.00%) SQL
2 3 (15.00%) C++
3 1 (5.00%) C#
Qualifications
1 2 (10.00%) Degree
1 2 (10.00%) ISEB
Quality Assurance & Compliance
1 1 (5.00%) QA
Systems Management
1 2 (10.00%) HP Quality Center
Vendors
1 6 (30.00%) Oracle
2 2 (10.00%) Fidessa
2 2 (10.00%) SunGard
2 2 (10.00%) SmartStream
2 2 (10.00%) IBM
3 1 (5.00%) Misys
3 1 (5.00%) TIBCO
3 1 (5.00%) Sybase