Related Party Disclosures

12 Months Ended

Dec. 31, 2022

In April 2022, the Company entered into a service contract for providing analytics services to The Vanguard Group Inc., which beneficially owns more than 10% of the Company’s common stock as of December 31, 2022. During the year ended December 31, 2022, the Company recognized revenues, net of $2,258 related to this service contract. The Company had outstanding accounts receivable of $856 related to this service contract as of December 31, 2022.

On October 1, 2018, the Company entered into the Investment Agreement with the Purchaser relating to the issuance to the Purchaser of $150,000 aggregate principal amount of the Notes. In connection with the investment, Vikram S. Pandit, Chairman and CEO of The Orogen Group LLC (an affiliate of the Purchaser), was appointed to Company’s board of directors. The Company settled the Notes on August 27, 2021. Refer to Note 18 - Borrowings to the consolidated financial statements for further details.

The following transactions with the Purchaser were recognized by the Company in connection with the Notes:


	Year ended December 31
	2021		2020
Repayment of the Notes in cash	$	200,000	$	—
Repayment of the Notes in shares	$	36,742	$	—
Interest expense on the Notes	$	3,442	$	5,250