Manav Patnaik: Got it. And then just one quick follow-up. Like competitively, have you seen any changes across your segments, but more in particular on the Finance and Risk side?
Anthony Jabbour: Not really, Manav. Like I said, there are a lot of competitors out there. Obviously, it’s a very competitive marketplace. But as we really focus on our game plan and executing well against it. That’s really our best strategy and what’s proving to be most effective for us. We’re working with our clients closely. We’re listening. We’re servicing them well, getting great ideas. Our teams are working really well together in terms of building new capabilities and servicing client. And that’s what we think is obviously really important from that perspective. So look, there’s a lot of competition out there, and we all have to work hard for the business that we have. And again, I’d say, like the rest of our business, most of our futures in our control versus in a macro environment or versus what other competitors are doing, I feel strongly that it’s in our control. If we work hard, stay focused, we’re going to have a great outcome.
Operator: Your next question comes from George Tong from Goldman Sachs.
George Tong: In the North America Finance and Risk business, you talked about the public sector and SMB trends. Can you elaborate on how those trends progressed over the course of the quarter? And what you’re assuming in the second half, whether those trends should be stable or whether we should see some improvement.
Bryan Hipsher: George, it’s Bryan. So when we think about those, I mean, certainly, on the government side, right, we’ve gotten out of the headwind from the GSA. And so that was a component of what we saw in the second quarter. In terms of then continuing to turn sales into revenue, as Anthony said, we would expect the public sector to gradually start to improve through the second half. On the credibility side, that’s one where we’re lapping that consent order. There’s a bit of tail from some of the impacts on the revenue side. So again, as I would expect that to improve, that’s probably going to start to improve more in maybe the fourth quarter, right? And certainly into ’24 as we’re launching our new strategy and solidified vision in terms of what we’re going to be doing in that space.
George Tong: Got it. That’s helpful. On the international finance and risk side, you’re continuing to see pretty healthy demand despite the uncertain macro environment. What would you say is driving that demand? Is it competitive share wins, wallet share penetration, new client wins, perhaps pricing or upsell? What are some of the details there?
Bryan Hipsher: George, maybe I’ll start, and then Anthony, yes. And both of us have spent time with Neeraj and team in strategy sessions and then, as Anthony said, connecting with customers. But some of this macro environment and that uncertainty in these evolutions and kind of global view are really driving this view of Master Data Management, right, understanding who you’re doing business with, how you’re doing business with them. When you think about that same theme applied on the risk side of the equation, the third parties, the supply chain risk management, it’s really critical. And it’s critical from so many different components, financial stability, regulatory and compliance stability. Just overall, I would say, ESG and sustainable practices, right.
All of these are creating this broader view of the types of companies that you’re using as vendor suppliers and the types of companies that you’re going out to sell to. So both of those thematics, I would say, are partially driven by an evolution in this overall macro uncertainty.
Anthony Jabbour: Yes. And the one thing I’d add to that is, yes, we continue to penetrate enterprise accounts, work well, listen to them, offer a lot more capability that we now have in markets. And that’s really, I’d say, the cause for the greater lift there versus just price increase or something like that.
