David Foss: And that’s something that will go on forever at Jack Henry. David, I think the key point there is that what Greg just highlighted, that isn’t a one and done exercise, that’s something we’re trying to ensure is embedded in our culture going forward. We’ll continue to look for those opportunities. Always.
David Koning: Got you, thank you. And maybe just a follow up, I know Payrailz, I know the year is supposed to be $12 million and Q2 was like $2.6 million or something. But the rest of your needs to be $4.2 million per quarter to get to the full year. And I’m wondering why does it step up from $2.6 million up to $4.2 million per quarter the rest of the years or something seasonal et cetera?
David Foss: Yes, there are a couple of decent sized deals out there that we’re working on. And feeling pretty good about. So that’s part of it. And again, it’s also getting these add on solutions, what we call add on solutions to the iPay business, and moving those on. And that’s really where a lot of that is baked.
Operator: And the next question comes from Dominick Gabriele with Oppenheimer.
Dominick Gabriele: Hey, guys. Hey, everybody. Thank you for taking my question. So could you just talk about the demand for and forgive me, I missed the beginning of the call. Can you just talk about the demand for Jack Henry core and the sentiment around the tech modernization and uptake of interest in your conversations with potential new and existing clients versus conversation, say six months ago?
David Foss: Yes, so it’s becoming a significant part of many of the conversations. So I highlighted the beginning of the call Dominick, that we signed 12 new core deals in the quarter, it was a significant call out that I made, there was three of them were multibillion dollar institutions that all signed on December 30th. So December 30th was kind of a fun day around here. But the other thing that I’ve talked about already on the call is the fact that we have larger institutions, I think overall demand is moving larger. And I think some of that is definitely being driven by the technology modernization story. So we have, it’s become a part of most conversations with core prospects is not necessarily part of the conversation with people who are not looking to bring their core to Jack Henry, but for core prospects, it certainly is part of the conversation, usually.
And we are trending up as far as the size of customers that are coming to Jack Henry wanting to talk about tech modernization, because they’ve been looking for that company that will help them develop a strategy in the future that gets them to the public cloud. And it’s a more, I think, rational strategy about how you do the core side of the business, and tie in FinTech solutions, complementary solutions into that experience for their customers. So conversations have been great. I personally have been involved in a lot of them, because as I’ve stressed before when it’s a larger institution, and the CEO wants to be in the conversation. I am normally involved in those and it’s pretty fun right now.
Dominick Gabriele: Right, great. And I actually had one of a really large card provider admit to me that they just can’t keep up with the investment that’s being provided to modernize these tech stacks, with you and some of your largest peers. So they made a switch to do so. If I just think about the complementary growth and the kind of how it slowed a little bit and then other comments around the second half and also deconversion fee expectations. Do you think that some of that would suggest that there is some level of tech spend retrenching at some of the FIs versus previously as they kind of look at the macro-outlook and try on to the cash that they have. Do you think that’s fair?
