XML 78 R48.htm IDEA: XBRL DOCUMENT v3.25.0.1
Revenues from Contracts with Customers (Tables)
 12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables provide additional information pertaining to our revenues disaggregated by major product line and primary geographic market based on the location of the use of the products or services for each of the Company’s business segments for 2024, 2023 and 2022:
Investment
Managers
Private
Banks
Investment
Advisors		Institutional
Investors		Investments
in New
Businesses		Total
Major Product Lines:For the Year Ended December 31, 2024
Investment management fees from pooled investment products$363 $133,210 $233,992 $48,215 $1,721 $417,501 
Investment management fees from investment management agreements— 4,302 197,638 215,464 18,513 435,917 
Investment operations fees691,953 2,270 51,550 12 4,207 749,992 
Investment processing fees - PaaS5,042 290,825 5,570 1,631 34 303,102 
Investment processing fees - SaaS19 87,938 335 8,172 21,168 117,632 
Professional services fees3,572 19,747 — — 3,299 26,618 
Account fees and other27,441 3,122 20,323 12,229 11,274 74,389 
Total revenues$728,390 $541,414 $509,408 $285,723 $60,216 $2,125,151 
Primary Geographic Markets:
United States$655,051 $355,887 $509,408 $236,088 $60,216 $1,816,650 
United Kingdom— 125,745 — 36,999 — 162,744 
Canada— 40,564 — 5,756 — 46,320 
Ireland43,231 19,218 — 6,880 — 69,329 
Luxembourg30,108 — — — — 30,108 
Total revenues$728,390 $541,414 $509,408 $285,723 $60,216 $2,125,151 
Investment
Managers		Private
Banks		Investment
Advisors		Institutional
Investors		Investments
in New
Businesses		Total
Major Product Lines:For the Year Ended December 31, 2023
Investment management fees from pooled investment products$401 $127,388 $239,244 $47,943 $1,382 $416,358 
Investment management fees from investment management agreements— 3,091 174,418 223,212 16,647 417,368 
Investment operations fees611,126 1,572 1,490 — 5,702 619,890 
Investment processing fees - PaaS4,261 244,910 5,035 1,000 42 255,248 
Investment processing fees - SaaS73 89,708 — 10,118 17,557 117,456 
Professional services fees (1)
3,885 26,291 — — 1,199 31,375 
Account fees and other25,508 3,357 16,111 7,435 9,687 62,098 
Total revenues$645,254 $496,317 $436,298 $289,708 $52,216 $1,919,793 
Primary Geographic Markets:
United States (1)$583,107 $325,543 $436,298 $242,945 $52,216 $1,640,109 
United Kingdom94 113,221 — 34,485 — 147,800 
Canada— 39,974 — 5,652 — 45,626 
Ireland38,319 17,579 — 6,626 — 62,524 
Luxembourg23,734 — — — — 23,734 
Total revenues$645,254 $496,317 $436,298 $289,708 $52,216 $1,919,793 
(1) Professional services fees of the Private Banks segment includes a one-time early contractual buyout fee of $10,457 recorded during 2023 from an investment processing client acquired by an existing client.
Investment
Managers		Private
Banks		Investment
Advisors		Institutional
Investors		Investments
in New
Businesses		Total
Major Product Lines:For the Year Ended December 31, 2022
Investment management fees from pooled investment products$396 $125,430 $263,266 $56,714 $1,476 $447,282 
Investment management fees from investment management agreements— 2,187 162,762 247,113 16,117 428,179 
Investment operations fees572,187 1,410 — — 6,216 579,813 
Investment processing fees - PaaS3,077 242,916 5,956 1,044 40 253,033 
Investment processing fees - SaaS70 92,377 — 11,425 15,798 119,670 
Professional services fees (2)3,206 102,012 — — 1,811 107,029 
Account fees and other20,725 3,678 15,782 7,057 8,789 56,031 
Total revenues$599,661 $570,010 $447,766 $323,353 $50,247 $1,991,037 
Primary Geographic Markets:
United States$545,297 $311,784 $447,766 $267,928 $50,247 $1,623,022 
United Kingdom (2)— 199,294 — 42,777 — 242,071 
Canada— 43,108 — 5,311 — 48,419 
Ireland37,466 15,824 — 7,075 — 60,365 
Luxembourg16,898 — — — — 16,898 
Other— — — 262 — 262 
Total revenues$599,661 $570,010 $447,766 $323,353 $50,247 $1,991,037 
(2) Professional services fees of the Private Banks segment includes one-time early termination fees of $88,000 related to a contractual agreement with a significant client of the Company. In accordance with ASC 606, the entire amount of the fees received were recorded
during 2022 as there were no future performance obligations of the Company related to the agreement upon termination.