Revenue (Tables)

6 Months Ended

Jun. 30, 2020

Revenue Recognition [Abstract]

Schedule of Disaggregation of Revenue by Reporting Unit and Timing of Revenue Recognition

The following table disaggregates revenue between tech-enabled services, software solutions and print and distribution by reportable segment:

	Three Months Ended June 30,
	2020								2019
	Tech-enabled Services		Software Solutions		Print and Distribution		Total		Tech-enabled Services		Software Solutions		Print and Distribution		Total
Capital Markets - Software Solutions	$	—	$	31.8	$	—	$	31.8	$	—	$	32.2	$	—	$	32.2
Capital Markets - Compliance and Communications Management		87.9		—		32.9		120.8		81.8		—		45.4		127.2
Investment Companies - Software Solutions		—		15.8		—		15.8		—		15.6		—		15.6
Investment Companies - Compliance and Communications Management		27.5		—		58.1		85.6		31.6		—		52.3		83.9
Total net sales	$	115.4	$	47.6	$	91.0	$	254.0	$	113.4	$	47.8	$	97.7	$	258.9

	Six Months Ended June 30,
	2020								2019
	Tech-enabled Services		Software Solutions		Print and Distribution		Total		Tech-enabled Services		Software Solutions		Print and Distribution		Total
Capital Markets - Software Solutions	$	—	$	63.0	$	—	$	63.0	$	—	$	62.7	$	—	$	62.7
Capital Markets - Compliance and Communications Management		145.8		—		74.1		219.9		141.3		—		87.9		229.2
Investment Companies - Software Solutions		—		31.9		—		31.9		—		29.8		—		29.8
Investment Companies - Compliance and Communications Management		51.5		—		108.4		159.9		55.3		—		111.5		166.8
Total net sales	$	197.3	$	94.9	$	182.5	$	474.7	$	196.6	$	92.5	$	199.4	$	488.5

Changes in Contract Liabilities

Contract liabilities consist of deferred revenue and progress billings which are included in accrued liabilities on the Unaudited Condensed Consolidated Balance Sheets. Changes in contract liabilities for the six months ended June 30, 2020 and 2019, respectively, were as follows:

Balance at January 1, 2020	$	13.1
Deferral of revenue		22.9
Revenue recognized		(21.0	)
Balance at June 30, 2020	$	15.0

Balance at January 1, 2019	$	12.0
Deferral of revenue		25.1
Revenue recognized		(25.2	)
Balance at June 30, 2019	$	11.9