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 31 July 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
31 Jul 2015
Same period 2014 Same period 2013
Straight-Through Processing
Rank 609 603 549
Rank change year-on-year
-6 -54
Contract jobs citing Straight-Through Processing 11 8 30
As % of all contract IT jobs located in the UK 0.019% 0.015% 0.059%
As % of the Processes & Methodologies category 0.025% 0.019% 0.078%
Number of daily rates quoted 10 6 17
Average daily rate
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£525 £639 £525
Average daily rate % change year-on-year
-17.80% +21.66%
90% offered a daily rate of more than £440 £337 £292
10% offered a daily rate of more than £533 £700 £610
UK excluding London average daily rate £361 £440 -
% change year-on-year
-18.06% -
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
44182 41616 38228
As % of all contract IT jobs located in the UK 77.70% 76.15% 74.80%
Number of daily rates quoted 28632 25727 23174
Average daily rate £415 £400 £405
Average daily rate % change year-on-year
+3.75% -1.23%
90% offered a daily rate of more than £285 £275 £270
10% offered a daily rate of more than £575 £563 £575
UK excluding London average daily rate £388 £375 £375
% change year-on-year
+3.33% -
Number of hourly rates quoted 1181 1176 1105
Average hourly rate £30.00 £25.00 £30.50
Average hourly rate % change year-on-year
+20.00% -18.03%
90% offered a hourly rate of more than £12.50 £12.85 £12.50
10% offered a hourly rate of more than £52.17 £50.00 £50.00
UK excluding London average hourly rate £30.50 £26.50 £31.00
% change year-on-year
+15.09% -14.51%

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 31 July 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 9 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 31 July 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
England -22 11 £525 -17.80% 3
London +1 9 £525 -25.00% 3
Canary Wharf - 3 £525 -
City of London -9 1 £525 -9.09% 2
Bournemouth - 1 £121 -
Manchester - 1 £600 -
Dorset - 1 £121 -
North West - 1 £600 -
South West - 1 £121 -

Straight-Through Processing
Top 30 Related IT Skills

For the 6 months to 31 July 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 8 (53.33%) Multithreading
2 7 (46.67%) E-Commerce
2 7 (46.67%) Foreign Exchange (FX)
3 5 (33.33%) Front Office
3 5 (33.33%) Finance
3 5 (33.33%) SQL
3 5 (33.33%) Java
3 5 (33.33%) Banking
4 4 (26.67%) Swing
5 3 (20.00%) Linux
5 3 (20.00%) C++
5 3 (20.00%) Investment Banking
5 3 (20.00%) User Acceptance Testing
5 3 (20.00%) Performance Testing
6 2 (13.33%) Agile Software Development
6 2 (13.33%) Workflow
6 2 (13.33%) Fixed Income
6 2 (13.33%) Reference Data
6 2 (13.33%) UNIX
6 2 (13.33%) Back Office
6 2 (13.33%) Bloomberg
7 1 (6.67%) Project Management
7 1 (6.67%) Financial Institution
7 1 (6.67%) Management Information System
7 1 (6.67%) Risk Management
7 1 (6.67%) Law
7 1 (6.67%) Migration
7 1 (6.67%) Scrum
7 1 (6.67%) Perl
7 1 (6.67%) Oracle

Straight-Through Processing
Top Related IT Skills by Category

For the 6 months to 31 July 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 (6.67%) MTS
1 1 (6.67%) SharePoint
1 1 (6.67%) Apache Spark
Applications
1 1 (6.67%) MS Office
Business Applications
1 1 (6.67%) ION MarketView
Database & Business Intelligence
1 1 (6.67%) SQL Server
1 1 (6.67%) Hadoop
1 1 (6.67%) Big Data
1 1 (6.67%) Relational Database
Development Applications
1 1 (6.67%) Cucumber
General
1 5 (33.33%) Front Office
1 5 (33.33%) Finance
1 5 (33.33%) Banking
2 3 (20.00%) Investment Banking
3 2 (13.33%) Back Office
4 1 (6.67%) Law
4 1 (6.67%) Financial Institution
4 1 (6.67%) Retail
4 1 (6.67%) Billing
Job Titles
1 7 (46.67%) Developer
2 3 (20.00%) C++ Developer
3 2 (13.33%) Java Swing Developer
3 2 (13.33%) Project Manager
3 2 (13.33%) Java Developer
3 2 (13.33%) Analyst
4 1 (6.67%) Senior Manager
4 1 (6.67%) Support Analyst
4 1 (6.67%) Senior Business Analyst
4 1 (6.67%) Senior Analyst
4 1 (6.67%) Test Coordinator
4 1 (6.67%) Change Manager
4 1 (6.67%) Senior Project Manager
4 1 (6.67%) Coordinator
4 1 (6.67%) Business Analyst
4 1 (6.67%) Test Leader
4 1 (6.67%) Change Project Manager
4 1 (6.67%) Risk Analyst
4 1 (6.67%) Finance Project Manager
Libraries, Frameworks & Software Standards
1 4 (26.67%) Swing
2 1 (6.67%) Kafka
2 1 (6.67%) Akka
2 1 (6.67%) Spark Streaming
2 1 (6.67%) JDBC
Miscellaneous
1 7 (46.67%) Foreign Exchange (FX)
2 2 (13.33%) Fixed Income
2 2 (13.33%) Reference Data
3 1 (6.67%) Algorithms
3 1 (6.67%) Data Centre
3 1 (6.67%) Credit Risk
3 1 (6.67%) Management Information System
Operating Systems
1 3 (20.00%) Linux
2 2 (13.33%) UNIX
Processes & Methodologies
1 8 (53.33%) Multithreading
2 7 (46.67%) E-Commerce
3 3 (20.00%) User Acceptance Testing
3 3 (20.00%) Performance Testing
4 2 (13.33%) Agile Software Development
4 2 (13.33%) Workflow
5 1 (6.67%) Migration
5 1 (6.67%) Scrum
5 1 (6.67%) UML
5 1 (6.67%) OO
5 1 (6.67%) OOD
5 1 (6.67%) SOA
5 1 (6.67%) Project Management
5 1 (6.67%) Risk Management
5 1 (6.67%) Electronic Trading
5 1 (6.67%) Cash Management
5 1 (6.67%) BDD
5 1 (6.67%) Analytics
5 1 (6.67%) Low Latency
5 1 (6.67%) Test Planning
Programming Languages
1 5 (33.33%) Java
1 5 (33.33%) SQL
2 3 (20.00%) C++
3 1 (6.67%) Python
3 1 (6.67%) Scala
3 1 (6.67%) Perl
System Software
1 1 (6.67%) HDFS
Systems Management
1 1 (6.67%) HP Quality Center
Vendors
1 2 (13.33%) Bloomberg
2 1 (6.67%) ION Trading
2 1 (6.67%) Tradeweb
2 1 (6.67%) MarketAxess
2 1 (6.67%) Oracle
2 1 (6.67%) Sybase