Period
to 17 January 2018

The following table provides summary statistics for contract job vacancies advertised in London with a requirement for Straight-Through Processing skills. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Straight-Through Processing over the 6 months to 17 January 2018 with a comparison to the same period in the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Straight-Through Processing
England > London
6 months to
17 Jan 2018
Same period 2017 Same period 2016
Rank 621 599 572
Rank change year-on-year -22 -27 +9
Contract jobs citing Straight-Through Processing 6 8 29
As % of all contract IT jobs advertised in London 0.013% 0.019% 0.067%
As % of the Processes & Methodologies category 0.015% 0.022% 0.079%
Number of daily rates quoted 3 6 22
London median daily rate £550 £600 £538
Median daily rate % change year-on-year -8.33% +11.63% -2.27%
10th Percentile £525 £538 £513
90th Percentile £655 £663 £588
England median daily rate £550 £600 £550
% change year-on-year -8.33% +9.09% -
Number of hourly rates quoted 0 0 0
London median hourly rate - - -
England median hourly rate - - -

Straight-Through Processing is in the Processes and Methodologies category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in London with a requirement for process or methodology skills.

All Process and Methodology Skills
London
Contract vacancies with a requirement for process or methodology skills 40,255 36,198 36,804
As % of all contract IT jobs advertised in London 86.61% 86.05% 84.72%
Number of daily rates quoted 29,371 26,045 26,216
London median daily rate £500 £475 £450
Median daily rate % change year-on-year +5.26% +5.56% -
10th Percentile £313 £310 £298
90th Percentile £675 £650 £638
England median daily rate £450 £433 £425
% change year-on-year +4.05% +1.76% +6.25%
Number of hourly rates quoted 410 424 449
London median hourly rate £22.00 £23.67 £20.00
Median hourly rate % change year-on-year -7.06% +18.35% +9.59%
10th Percentile £13.31 £12.25 £11.25
90th Percentile £48.75 £51.25 £50.99
England median hourly rate £24.00 £25.00 £23.00
% change year-on-year -4.00% +8.70% +15.00%

Straight-Through Processing
Job Vacancy Trend in London

Job postings citing Straight-Through Processing as a percentage of all IT jobs advertised in London.

Job vacancy trend for Straight-Through Processing in London

Straight-Through Processing
Contractor Daily Rate Trend in London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Straight-Through Processing in London.

Contractor daily rate trend for Straight-Through Processing in London

Straight-Through Processing
Contractor Hourly Rate Trend in London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Straight-Through Processing in London.

Contractor hourly rate trend for Straight-Through Processing in London

Straight-Through Processing
Contract Job Locations in London

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 London region over the 6 months to 17 January 2018. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Contract
IT Job Ads
Median
Daily Rate
Past 6 Months
Median Daily Rate
% Change
on Same Period
Last Year
Live
Job
Vacancies
Central London -13 3 £650 +6.12% 1
Straight-Through Processing
England

For the 6 months to 17 January 2018, 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 across the London region with a requirement for Straight-Through Processing.

1 4 (66.67%) Java
2 3 (50.00%) Oracle
2 3 (50.00%) Front Office
2 3 (50.00%) Agile Software Development
2 3 (50.00%) TDD
2 3 (50.00%) REST
3 2 (33.33%) Banking
3 2 (33.33%) Low Latency
3 2 (33.33%) JavaScript
3 2 (33.33%) SQL
3 2 (33.33%) HTML
3 2 (33.33%) SOAP
3 2 (33.33%) Finance
3 2 (33.33%) Derivative
4 1 (16.67%) Equity Derivative
4 1 (16.67%) Marketing
4 1 (16.67%) Degree
4 1 (16.67%) Digital Marketing
4 1 (16.67%) Multithreading
4 1 (16.67%) Groovy
4 1 (16.67%) Scala
4 1 (16.67%) Hadoop
4 1 (16.67%) Bash Shell
4 1 (16.67%) Manufacturing
4 1 (16.67%) Validation
4 1 (16.67%) Migration
4 1 (16.67%) Fixed Income
4 1 (16.67%) Equities
4 1 (16.67%) Programme Management
4 1 (16.67%) SAP

Straight-Through Processing
Co-occurring IT Skills in London 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 (16.67%) Apache
Database & Business Intelligence
1 1 (16.67%) Hadoop
General
1 3 (50.00%) Front Office
2 2 (33.33%) Banking
2 2 (33.33%) Finance
3 1 (16.67%) Electronics
3 1 (16.67%) Manufacturing
3 1 (16.67%) Marketing
3 1 (16.67%) Retail
3 1 (16.67%) Telecoms
Job Titles
1 4 (66.67%) Developer
1 4 (66.67%) Java Developer
2 1 (16.67%) Analyst
2 1 (16.67%) Business Analyst
2 1 (16.67%) Front Office Developer
2 1 (16.67%) Low Latency Java Developer
2 1 (16.67%) Operations Manager
2 1 (16.67%) Senior Developer
2 1 (16.67%) Senior Java Developer
Libraries, Frameworks & Software Standards
1 3 (50.00%) REST
2 2 (33.33%) HTML
2 2 (33.33%) SOAP
3 1 (16.67%) Kafka
3 1 (16.67%) Spring
Miscellaneous
1 2 (33.33%) Derivative
2 1 (16.67%) Analytical Mindset
2 1 (16.67%) Analytical Skills
2 1 (16.67%) Equities
2 1 (16.67%) Equity Derivative
2 1 (16.67%) Fixed Income
2 1 (16.67%) Foreign Exchange (FX)
2 1 (16.67%) Management Information System
2 1 (16.67%) OTC Derivatives
Processes & Methodologies
1 3 (50.00%) Agile Software Development
1 3 (50.00%) TDD
2 2 (33.33%) Low Latency
3 1 (16.67%) Anti-Money Laundering
3 1 (16.67%) Artificial Intelligence
3 1 (16.67%) Collaborative Working
3 1 (16.67%) Concurrent Programming
3 1 (16.67%) Continuous Delivery
3 1 (16.67%) Continuous Improvement
3 1 (16.67%) Creative Thinking
3 1 (16.67%) DevOps
3 1 (16.67%) Digital Marketing
3 1 (16.67%) Garbage Collection
3 1 (16.67%) KYC
3 1 (16.67%) Multithreading
3 1 (16.67%) MVC
3 1 (16.67%) People Management
3 1 (16.67%) Programme Management
3 1 (16.67%) Software Delivery
3 1 (16.67%) User Stories
Programming Languages
1 4 (66.67%) Java
2 2 (33.33%) JavaScript
2 2 (33.33%) SQL
3 1 (16.67%) Bash Shell
3 1 (16.67%) C#
3 1 (16.67%) Groovy
3 1 (16.67%) Python
3 1 (16.67%) Scala
Qualifications
1 1 (16.67%) Degree
Systems Management
1 1 (16.67%) Ansible
Vendors
1 3 (50.00%) Oracle
2 1 (16.67%) SAP