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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill Goodwill includes the following activity during the years ended December 31, 2021 and 2020:
December 31,
20212020
(in thousands)
Balance at beginning of period$2,694,797 $2,694,797 
Goodwill recognized in connection with the NFI Acquisition85,462 — 
Balance at end of period$2,780,259 $2,694,797 
Summary of Intangible Assets Which Have an Indefinite Useful Life Intangible assets with an indefinite useful life consisted of the following as of December 31, 2021 and 2020:
December 31,
20212020
(in thousands)
Licenses$168,800 $168,800 
Tradename154,300 154,300 
Total$323,100 $323,100 
Intangible Assets That are Subject to Amortization Intangible assets that are subject to amortization consisted of the following:
December 31, 2021December 31, 2020
Amortization
Period
CostAccumulated
Amortization
Net Carrying
Amount
CostAccumulated
Amortization
Net Carrying
Amount
(in thousands)
Customer relationships - Refinitiv Transaction12 years$928,200 $(251,387)$676,813 $928,200 $(174,037)$754,163 
Customer relationships - NFI Acquisition13 years101,285 (3,896)97,389 — — — 
Content and data7 years154,400 (71,686)82,714 154,400 (49,629)104,771 
$1,183,885 $(326,969)$856,916 $1,082,600 $(223,666)$858,934 
Estimated Annual Future Amortization for Existing Intangible Assets The estimated annual future amortization for software development costs through December 31, 2026 is as follows:
Amount
(in thousands)
2022$45,463 
2023$35,127 
2024$24,045 
2025$18,722 
2026$18,722 
The estimated annual future amortization for definite-lived intangible assets through December 31, 2026 is as follows:
Amount
(in thousands)
2022$107,198 
2023$107,198 
2024$107,198 
2025$101,684 
2026$85,141