Period
to 18 November 2017

The following table provides summary statistics for contract job vacancies 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 18 November 2017 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
UK
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 886 872 866
Rank change year-on-year -14 -6 -3
Contract jobs citing Straight-Through Processing 3 14 38
As % of all contract IT jobs advertised in the UK 0.003% 0.013% 0.033%
As % of the Processes & Methodologies category 0.003% 0.016% 0.040%
Number of daily rates quoted 2 8 30
UK median daily rate £550 £575 £525
Median daily rate % change year-on-year -4.35% +9.52% -4.55%
10th Percentile £525 £505 £492
90th Percentile £575 £658 £588
UK excluding London median daily rate - £490 £600
% change year-on-year - -18.33% +36.36%
Number of hourly rates quoted 0 0 0
UK median hourly rate - - -
UK excluding London 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 with a requirement for process or methodology skills.

All Process and Methodology Skills
UK
Contract vacancies with a requirement for process or methodology skills 86286 88673 93962
As % of all contract IT jobs advertised in the UK 84.52% 83.92% 81.78%
Number of daily rates quoted 57474 58658 60890
UK median daily rate £450 £425 £413
Median daily rate % change year-on-year +5.88% +3.03% +3.13%
10th Percentile £281 £263 £263
90th Percentile £630 £600 £600
UK excluding London median daily rate £400 £400 £385
% change year-on-year - +3.90% +2.67%
Number of hourly rates quoted 2038 2353 2731
UK median hourly rate £23.63 £24.00 £22.50
Median hourly rate % change year-on-year -1.56% +6.67% +18.42%
10th Percentile £11.48 £11.26 £11.50
90th Percentile £49.75 £48.75 £47.71
UK excluding London median hourly rate £24.02 £24.50 £23.50
% change year-on-year -1.96% +4.26% +17.50%

Straight-Through Processing
Job Vacancy Trend

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

Job vacancy trend for Straight-Through Processing in the UK

Straight-Through Processing
Contractor Daily Rate Trend

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

Contractor daily rate trend for Straight-Through Processing in the UK

Straight-Through Processing
Contractor Hourly Rate Trend

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

Contractor hourly rate trend for Straight-Through Processing in the UK

Straight-Through Processing
Top 2 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 6 months to 18 November 2017. 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
England +31 3 £550 -4.35% 3
London -17 3 £550 -8.33% 2

For the 6 months to 18 November 2017, 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 1 (33.33%) HTML
1 1 (33.33%) Java
1 1 (33.33%) JavaScript
1 1 (33.33%) SQL
1 1 (33.33%) Oracle
1 1 (33.33%) SOAP
1 1 (33.33%) Foreign Exchange (FX)
1 1 (33.33%) Project Management
1 1 (33.33%) Front Office
1 1 (33.33%) Finance
1 1 (33.33%) Migration
1 1 (33.33%) Fixed Income
1 1 (33.33%) Agile Software Development
1 1 (33.33%) TDD
1 1 (33.33%) Derivative
1 1 (33.33%) Equity Derivative
1 1 (33.33%) REST
1 1 (33.33%) PMO

Straight-Through Processing
Co-occurring 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:

General
1 1 (33.33%) Finance
1 1 (33.33%) Front Office
Job Titles
1 1 (33.33%) Analyst
1 1 (33.33%) Business Analyst
1 1 (33.33%) Developer
1 1 (33.33%) Front Office Developer
1 1 (33.33%) Java Developer
Libraries, Frameworks & Software Standards
1 1 (33.33%) HTML
1 1 (33.33%) REST
1 1 (33.33%) SOAP
Miscellaneous
1 1 (33.33%) Derivative
1 1 (33.33%) Equity Derivative
1 1 (33.33%) Fixed Income
1 1 (33.33%) Foreign Exchange (FX)
Processes & Methodologies
1 1 (33.33%) Agile Software Development
1 1 (33.33%) Migration
1 1 (33.33%) Project Management
1 1 (33.33%) TDD
Programming Languages
1 1 (33.33%) Java
1 1 (33.33%) JavaScript
1 1 (33.33%) SQL
Quality Assurance & Compliance
1 1 (33.33%) PMO
Vendors
1 1 (33.33%) Oracle