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 28 May 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
28 May 2016
Same period 2015 Same period 2014
Straight-Through Processing
Rank 648 646 586
Rank change year-on-year
-2 -60
Contract jobs citing Straight-Through Processing 8 3 12
As % of all contract IT jobs located in the UK 0.015% 0.005% 0.023%
As % of the Processes & Methodologies category 0.018% 0.007% 0.029%
Number of daily rates quoted 2 3 8
Median daily rate £650 £500 £338
Median daily rate % change year-on-year
+30.00% +48.14%
90% offered a daily rate of more than £640 £197 £234
10% offered a daily rate of more than £660 £520 £581
UK excluding London median daily rate - £121 -
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
44683 43767 41024
As % of all contract IT jobs located in the UK 81.94% 79.28% 77.70%
Number of daily rates quoted 29624 27730 25945
Median daily rate £438 £413 £400
Median daily rate % change year-on-year
+6.06% +3.12%
90% offered a daily rate of more than £300 £280 £275
10% offered a daily rate of more than £600 £575 £550
UK excluding London median daily rate £400 £385 £375
% change year-on-year
+3.89% +2.66%
Number of hourly rates quoted 1039 1246 1211
Median hourly rate £28.50 £29.00 £28.00
Median hourly rate % change year-on-year
-1.72% +3.57%
90% offered a hourly rate of more than £12.75 £12.35 £13.00
10% offered a hourly rate of more than £47.50 £47.71 £50.00
UK excluding London median hourly rate £33.00 £30.00 £30.00
% change year-on-year
+10.00% -

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 28 May 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 -5 8 £650 +26.82% 3
England -9 8 £650 +30.00% 3
City of London +39 2 £650 +23.80% 2

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 28 May 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 6 (50.00%) Finance
2 5 (41.67%) SQL
3 3 (25.00%) Java
3 3 (25.00%) Fixed Income
3 3 (25.00%) Front Office
3 3 (25.00%) Analytical Skills
4 2 (16.67%) Low Latency
4 2 (16.67%) Target Operating Model
4 2 (16.67%) ION MarketView
4 2 (16.67%) Data Quality
4 2 (16.67%) Spring Integration
4 2 (16.67%) Data Governance
4 2 (16.67%) Master Data Management
4 2 (16.67%) Back Office
4 2 (16.67%) Validation
4 2 (16.67%) Stakeholder Management
4 2 (16.67%) ION Trading
4 2 (16.67%) Asset Management
4 2 (16.67%) Data Management
4 2 (16.67%) Credit Derivative
4 2 (16.67%) Spring
4 2 (16.67%) Degree
4 2 (16.67%) Derivative
4 2 (16.67%) Wealth Management
4 2 (16.67%) User Acceptance Testing
4 2 (16.67%) Reference Data
4 2 (16.67%) Data Integration
4 2 (16.67%) Foreign Exchange (FX)
5 1 (8.33%) Control-M
5 1 (8.33%) Shell Script

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:

Application Platforms
1 1 (8.33%) WebLogic
Business Applications
1 2 (16.67%) ION MarketView
2 1 (8.33%) AWD
2 1 (8.33%) Oracle Cash Management
Cloud Services
1 1 (8.33%) Amazon AWS
1 1 (8.33%) Google Cloud Platform
1 1 (8.33%) Microsoft Azure
1 1 (8.33%) PaaS
Database & Business Intelligence
1 1 (8.33%) Big Data
1 1 (8.33%) DB2
1 1 (8.33%) NoSQL
1 1 (8.33%) Oracle Reports
1 1 (8.33%) QlikView
1 1 (8.33%) SQL Server
General
1 6 (50.00%) Finance
2 3 (25.00%) Front Office
3 2 (16.67%) Back Office
4 1 (8.33%) Banking
4 1 (8.33%) Investment Banking
Job Titles
1 6 (50.00%) Architect
2 3 (25.00%) Analyst
2 3 (25.00%) Integration Architect
3 2 (16.67%) Business Analyst
3 2 (16.67%) Data Architect
3 2 (16.67%) Data Integration Architect
3 2 (16.67%) Developer
3 2 (16.67%) Front Office Developer
3 2 (16.67%) Java Developer
3 2 (16.67%) Lead Developer
3 2 (16.67%) Lead Java Developer
3 2 (16.67%) Wealth Management Business Analyst
4 1 (8.33%) Asset Management Analyst
4 1 (8.33%) Asset Management Business Analyst
4 1 (8.33%) Automation Architect
4 1 (8.33%) Automation Consultant
4 1 (8.33%) Cloud Architect
4 1 (8.33%) FX Business Analyst
4 1 (8.33%) Production Manager
4 1 (8.33%) Workflow Consultant
Libraries, Frameworks & Software Standards
1 2 (16.67%) Spring
1 2 (16.67%) Spring Integration
2 1 (8.33%) AngularJS
2 1 (8.33%) CSS
2 1 (8.33%) HTML
2 1 (8.33%) HTML5
2 1 (8.33%) JSON
2 1 (8.33%) Middleware
2 1 (8.33%) REST
2 1 (8.33%) RESTful
Miscellaneous
1 3 (25.00%) Analytical Skills
1 3 (25.00%) Fixed Income
2 2 (16.67%) Credit Derivative
2 2 (16.67%) Data Integration
2 2 (16.67%) Derivative
2 2 (16.67%) Foreign Exchange (FX)
2 2 (16.67%) Reference Data
3 1 (8.33%) Computer Science
3 1 (8.33%) Enterprise Cloud
3 1 (8.33%) Equities
3 1 (8.33%) iSeries
3 1 (8.33%) Management Information System
Operating Systems
1 1 (8.33%) Linux
1 1 (8.33%) Unix
1 1 (8.33%) Windows
1 1 (8.33%) Windows Server
Processes & Methodologies
1 2 (16.67%) Asset Management
1 2 (16.67%) Data Governance
1 2 (16.67%) Data Management
1 2 (16.67%) Low Latency
1 2 (16.67%) Master Data Management
1 2 (16.67%) Stakeholder Management
1 2 (16.67%) Target Operating Model
1 2 (16.67%) User Acceptance Testing
1 2 (16.67%) Validation
1 2 (16.67%) Wealth Management
2 1 (8.33%) Agile Software Development
2 1 (8.33%) Application Rationalisation
2 1 (8.33%) Budget Control
2 1 (8.33%) Business Analysis
2 1 (8.33%) Cash Management
2 1 (8.33%) Collateral Management
2 1 (8.33%) DevOps
2 1 (8.33%) Process Architecture
2 1 (8.33%) Process Improvement
2 1 (8.33%) Technical Analysis
Programming Languages
1 5 (41.67%) SQL
2 3 (25.00%) Java
3 1 (8.33%) JavaScript
3 1 (8.33%) Perl
3 1 (8.33%) Shell Script
3 1 (8.33%) VBA
Qualifications
1 2 (16.67%) Degree
Quality Assurance & Compliance
1 2 (16.67%) Data Quality
2 1 (8.33%) QA
Systems Management
1 1 (8.33%) Control-M
1 1 (8.33%) ITRS Geneos
1 1 (8.33%) TeamSite
Vendors
1 2 (16.67%) ION Trading
2 1 (8.33%) Cognos
2 1 (8.33%) Google
2 1 (8.33%) HP
2 1 (8.33%) Infor
2 1 (8.33%) Oracle
2 1 (8.33%) SmartStream
2 1 (8.33%) Sun
2 1 (8.33%) Sybase
2 1 (8.33%) TIBCO