David Foss: Well, so what I talked about in the early part of the call is we don’t have any of the major surveys that I can quote to you this year, but I have a number of smaller surveys with smaller sample sizes. And then I hosted the CEO roundtable discussion just two weeks ago. And these were CEOs of larger institutions. Jack Henry core and not. So it was a variety of CEOs and kind of the overall feel. And these are people who have their budgets in place now for 2023. So they weren’t speculating. They were sharing with me real numbers that they planned for 2023. The kind of the average settled in at around 7%, their expected increase for 2023. And that’s in line with what we’re seeing in the sales organization. The sales pipeline is very robust, larger than it’s ever been. So I don’t see any slowdown or any kind of pullback when it comes to the commitment that folks in our space have on continuing to spend in the technology area.
Dominick Gabriele: Great. Sorry, I missed that commentary. Maybe just one last one. Have you seen the pace about just from that further — beginning comment I made about a large FI outsourcing? Are you seeing more higher pace of outsourcing than you have in the past versus, say, like six months ago with client willingness to outsource their tech capabilities? That’s speeding up, or do you think it’s fairly stable in the last few years, the willingness?
David Foss: Yes, I’d say it’s pretty stable. I’ve described it before as a religious conversation. When you talk to a bank or credit union, they either believe in being in-house with either everything or some things, or they believe in outsourcing, and they just have this kind of ingrained belief. And normally it requires some driver that has nothing to do with Jack Henry to get them to talk about outsourcing. So it might be that they’ve lost somebody in their tech group that they were very dependent on and now and they can’t hire a replacement. It might be that the regulators are giving them, pressuring them because they’re trying to do things themselves that they maybe shouldn’t be doing themselves. It might be a change in leadership at the institution.
And the new CEO comes in and says, I don’t know why you guys are doing this yourselves. We really ought to be outsourcing this. So it’s some kind of driver normally that’s external to Jack Henry. That prompts them to bring their business into an outsourced environment. And I don’t think anything has changed in that regard in the past six months, or even in the past six years.
Operator: Thank you. And this concludes our question-and-answer session. I now would like to turn the conference back over to management for any closing comments.
David Foss: Thank you, Keith. We have additional investor engagement opportunities for management participation at multiple investor conferences and non-deal roadshows over the next month. Additionally, please save the date, as our annual Investor Day will be held in Denver, Colorado, on the afternoon of Monday, May 15. If you are interested in attending in person, please contact me for additional details. Otherwise, we hope you join us via the webcast. We are pleased with the results from our operations and remain enthusiastic and focused on our future. We thank all Jack Henry Associates for their efforts that produce these results. Thank you for joining us today. And Keith, will you please provide the replay number?
Operator: Yes. Thank you. The replay number for today’s call is 877- 344- 7529 and the access code is 4711955. The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect your lines.
