Looking for a particular Black Knight Financial Services employee's phone or email? Black Knight Financial Services pays its employees an average of $81,390 a year. Black Knight, Inc. (NYSE:BKI), is an American corporation that provides integrated technology, services, data and analytics to the mortgage lending, servicing and real estate industries, as well as the capital and secondary markets. Guru Program offers employees the opportunity to share ideas and seek out best practices in a collaborative online forum with our own subject-matter experts. How To Navigate This Challenging Market in 2023 Through Tech By: Sean Dugan February 2, 2023 | Origination After more than two years of ramping up for high origination volume amid . For more information on Black Knight, please visit www.blackknightinc.com. PayPal closed out January 2023 by announcing that it would be laying off 2,000 employees, making up roughly 7% of its workforce. This button displays the currently selected search type. You can unsubscribe from job alert emails any time. In a memo sent to employees on January 18, 2023, Microsoft CEO Satya Nadella announced that the company is making changes that will result in 10,000 jobs being eliminated through the end of March 2023. Experience with Black Knight products, services, and capabilities Excellent customer service skills that build high levels of customer satisfaction for internal and external clients Our Fair Pay score for Black Knight Financial Services is 2.47. As the housing market remains as volatile as ever and interest rates continue to rise, Compass, a real estate brokerage, announced that it would be laying off 13% of its employees in November, 2022 this after Compass laid off 18% of its workforce in June, 2022. Employee layoffs will also occur in the companys hardware division. The call will also be webcast live from Black Knights investor relations website at https://investor.blackknightinc.com. A complete breakdown of the stock distribution can be found here. When expanded it provides a list of search options that will switch the search inputs to match the current selection. At roughly 5% of its overall employees, these layoffs come as a result of mounting fears of an impending recession. Report Share. Comprehensive benefits, good initial PTO, casual attire if not client facing. Employees rate Black Knight 3.7 out of 5 stars based on 662 anonymous reviews on Glassdoor. Having problems? Womens Internal Networking Groupprovides all Black Knight female employees the opportunity to network with one another and explore opportunities to support other women in technology. This is the Black Knight company profile. The following forward-looking statements reflect Black Knights expectations as of todays date. In support of this commitment, we create a diverse and inclusive environment by: Click on one of the images below to discover more about Black Knight. Good pay for internship. All answers shown come directly from Black Knight Reviews and are not edited or altered. Were adjusting our operations costs to align with these changes and will continue to invest in new entertainment products and service enhancements.. It operates through the Technology and Data and Analytics business segments. At Black Knight, each employee is valued for their skills and talents. By: Sean Dugan. Search over 700 As part of its cost-cutting strategy, Amazon is also offering a voluntary severance buy-out package to some employees who resign on their own. Black Knight Financial Services | 613 followers on LinkedIn. Black Knight undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Black Knight India Solutions is the giving best and secure data service in India. The replay passcode will be 13726378. Black Knights full year 2022 outlook reflects the purchase of the outstanding interests of Optimal Blue Holdco, LLC from co-investors Cannae Holdings, Inc. and certain investment entities affiliated with Thomas H. Lee Partners, L.P. Black Knights fullyear 2022 outlook is as follows (in millions, except per share data): Definitions of non-GAAP financial measures and the reconciliations to the most directly comparable GAAP measures are provided in subsequent sections of the press release narrative and supplemental schedules. ALLTEL Information Services' financial services division provides technology applications for mortgage, banking and other financial services. The company's product offerings serve four primary market segments: 1962 Black Knight's earliest predecessor company, Computing and Statistical Services, (CSS) is founded in Jacksonville, Fla. 1969 CSS incorporates under its new name: Computer Power Inc. (CPI). [23] Within 24 hours, PennyMac had filed a retaliatory lawsuit against Black Knight for alleged anti-competitive practices. Black Knight's Mark Besch Breaks Down Broker Basics. You also have the option to opt-out of these cookies. The cookie is used to store the user consent for the cookies in the category "Other. DirecTV announced that it would be laying off 10% of its management which accounts for about half of its total workforce. The planned distribution of FNFs equity interest in Black Knight Financial Services to the holders of FNF group common stock is slated to finish on Sept. 29, 2017. Twitters mass layoff affected many departments, including the content moderation teams, sales, and advertising departments, and engineering & development divisions. Black Knight is committed to being a premier business partner that clients rely, The Black Knight team is committed to providing the strategic solutions and superior customer support that create enhanced value for your business. Get contact details including emails and phone numbers Technology segment offers software and hosting solutions which support loan servicing, loan origination and settlement services. At Black Knight, were one big family. Black Knight Financial Services: Number of Employees 2014-2022 | BKI, Black Knight Financial Services total number of employees in 2021 was, Black Knight Financial Services total number of employees in 2020 was, Black Knight Financial Services total number of employees in 2019 was, Black Knight Financial Services total number of employees in 2018 was. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Black Knight Financial Services employees with the job title Software Engineer make the most with an average annual salary of $80,928, while employees with the title Business Systems Analyst make the least with an average annual salary of $69,673. In this memo, Pichai explained, We hired for a different economic reality than the one we face today.. Black Knight Financial Services has 111 employees. Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the homeownership life cycle. And as a result of a series of transactions, a new publicly traded company, Black Knight, (formerly known as Black Knight Holdco Corp.) will become the new public parent of Black Knight Financial Services. JACKSONVILLE, Fla. February 15, 2022 Black Knight,Inc. (NYSE: BKI), a leading provider of software, data and analytics solutions to the mortgage and consumer loan, real estate and capital markets verticals, today announced unaudited financial results for the fourth quarter and year ended December 31, 2021, as compared to the prior year period. Has anyone worked for them and can verify if they do a background check, credit check and employment verification? This is based on anonymous employee reviews submitted on Glassdoor. Its is the best working environment in Bhubaneswar, Odisha.At KTC office (Black Knight, Bhubaneswar) is maintaining all the guidelines of Govt. Black Knight is a professionally run company that cares about it's employees with lots of opportunities for growth and education. This cookie is set by GDPR Cookie Consent plugin. Which is the foundation of our collaborative approach that drives meaningful impact in the shortest amount of time. This is the firstmass layoff in Metas 18-year history. ET on February 15, 2022, through February 22, 2022, by dialing (844) 5122921 or for international callers (412) 3176671. On Fishbowl, you can share insights and advice anonymously with Black Knight employees and get real answers from people on the inside. By disclosing these non-GAAP financial measures, we believe we offer investors a greater understanding of, and an enhanced level of transparency into, the means by which our management operates the company. This move is expected to cost the company around $300 million this quarter making IBM the latest tech giant to make significant cuts to its workforce. Location is sketchy. Companies like Google, Amazon, and Apple are always on the lookout for top talent in fields with top salaries in data science, software engineering, and product management. 1992 ALLTEL Corporation purchases CPI, which becomes a part of ALLTEL Information Services. Lorem ipsum dolor sit amet consectetur adipisicing elit. [22], On November 4, 2019, Black Knight took the unprecedented step of taking legal action against one of its clients, PennyMac Financial Services for breach of contract and misappropriation of trade secrets. Reviews from Black Knight employees about Black Knight culture, salaries, benefits, work-life balance, management, job . New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Getting approval for required changes is a slow process. IBM announced on Wednesday, January 25th that it will be cutting roughly 3,900 positions, or 1.5% of its global workforce, as a result of the previously announced spinoff and sale of two business units. For these reasons, these measures are excluded from the definition of non-GAAP financial measures under the Securities and Exchange Commissions (SEC) Regulation G and Item10(e)of Regulation S-K. 72% of employees would recommend working at, According to anonymously submitted Glassdoor reviews, Black Knight employees rate their compensation and benefits as 3.3 out of 5. Was this review helpful? Optimal Blue Mortgage Market Indices (OBMMI), Black Knight Reports Fourth Quarter and Full Year 2022 Financial Results, Black Knight's First Look at January 2023 Mortgage Data, Black Knight Signs Agreement to Integrate Wolters Kluwers eNote and eVault Capabilities to Enhance Black Knights Digital, End-to-End Mortgage Origination Offering, Black Knights January 2023 Originations Market Monitor, Mahnaz Anwar Named a 2022 Tech Trendsetter by HousingWire for Supporting Innovative Configuration of Black Knights Loansifter PPE, https://investor.blackknightinc.com/press-releases/default.aspx, Do Not Sell or Share My Personal Information, Revenues of $386.2 million, an increase of 13%; Organic revenue growth of 11%, Operating income of $82.9 million, an increase of 32%; Operating margin of 21.5% compared to 18.3%, Earnings before equity in (losses) earnings of unconsolidated affiliates, net of tax of $56.3 million, an increase of 37%, Net earnings attributable to Black Knight of $60.7 million compared to $47.1 million; Diluted EPS of $0.39 compared to $0.30; Net earnings margin of 14.5% compared to 12.3%, Adjusted EBITDA of $187.9 million, an increase of 12%; Adjusted EBITDA margin was 48.7% compared to 49.0%, Adjusted operating income of $150.0 million, an increase of 11%; Adjusted operating margin of 38.8% compared to 39.3%, Adjusted net earnings of $102.3 million, an increase of 9%; Adjusted EPS of $0.66, an increase of 10%, As of December 31, 2021, we had cash and cash equivalents of $77.1 million, debt of $2,395.1 million and available capacity of $744.0 million on our revolving credit facility, Revenues of $329.2 million, an increase of 13%; Organic revenue growth of 11%, EBITDA of $185.5 million, an increase of 11%; EBITDA margin of 56.3% compared to 57.5%, Operating income of $151.3 million, an increase of 10%; Operating margin of 46.0% compared to 47.3%, Revenues of $57.0 million, an increase of 11%; Organic revenue growth of 8%, EBITDA of $18.8 million, an increase of 19%; EBITDA margin of 33.0% compared to 30.8%, Operating income of $14.7 million, an increase of 21%; Operating margin of 25.8% compared to 23.6%, Revenues of $1,475.2 million, an increase of 19%; Organic revenue growth of 10%, Operating income of $303.0 million, an increase of 14%; Operating margin of 20.5% compared to 21.5%, Earnings before equity in (losses) earnings of unconsolidated affiliates, net of tax of $177.3 million compared to $178.7 million, Net earnings attributable to Black Knight of $207.9 million compared to $264.1 million; Diluted EPS of $1.33 compared to $1.73; Net earnings margin of 12.2% compared to 19.8%; The effect of our investment in Dun & Bradstreet Holdings, Inc. (DNB) was an increase in Net earnings attributable to Black Knight of $2.6 million, or $0.02 per diluted share, compared to $62.1 million, or $0.41 per diluted share, primarily related to a non-cash gain recognized as a result of DNBs initial public offering and concurrent private placement in the prior year, Adjusted EBITDA of $724.2 million, an increase of 19%; Adjusted EBITDA margin was 49.1% compared to 49.2%, Adjusted operating income of $578.2 million, an increase of 22%; Adjusted operating margin of 39.2% compared to 38.3%, Adjusted net earnings of $371.5 million, an increase of 15%; Adjusted EPS of $2.38, an increase of 13%, Revenues of $1,250.0 million, an increase of 20%; Organic revenue growth of 10%, EBITDA of $713.7 million, an increase of 18%; EBITDA margin of 57.1% compared to 58.1%, Operating income of $582.6 million, an increase of 20%; Operating margin of 46.6% compared to 46.5%, Revenues of $225.2 million, an increase of 13%; Organic revenue growth of 10%, EBITDA of $80.2 million, an increase of 24%; EBITDA margin of 35.6% compared to 32.6%, Operating income of $64.7 million, an increase of 30%; Operating margin of 28.7% compared to 25.0%. These adjustments are reflected in Corporate and Other. The conference call can be accessed live over the phone by dialing (877) 4074018, or for international callers (201) 6898471. Pros & Cons are excerpts from user reviews. Employees at Black Knight Financial Services Bill Andrews Colin Shah Brett Gibson AYASH MOHANTY Mortgage Process Associate . Interactive chart of Black Knight Financial Services (BKI) annual worldwide employee count from 2014 to 2022. ", "Update 2-LPS settles U.S. foreclosure fraud criminal probe", "Political notebook: Pam Bondi under fire after LPS-related resignations", "Black Knight CEO Addresses Lawsuit with Former Customer PennyMac", "PennyMac Financial Services Files Antitrust Lawsuit Against Black Knight for Anticompetitive Behavior", "After a few rounds of legal battles, Black Knight's $340 million suit against PennyMac goes into arbitration", List of companies in Jacksonville, Florida, https://en.wikipedia.org/w/index.php?title=Black_Knight,_Inc.&oldid=1129115559, Financial services companies established in 2014, Companies listed on the New York Stock Exchange, Financial services companies based in Jacksonville, Florida, Technology companies based in the Jacksonville area, Publicly traded companies based in Jacksonville, Florida, Multinational companies based in Jacksonville, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 December 2022, at 17:29. In an internal memo on July 26, CEO Tobi Lutke told employees his belief that post-pandemic e-commerce would continue to grow did not come to fruition, noting Its now clear that bet didnt pay off. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. In a memo sent on January 6th, 2023 employees were made aware of the layoffs and reports say that the affected workers last day is January 20th. The layoffs will be effective September 1, 2022 according to a company spokesman. Adjusted EBITDA We define Adjusted EBITDA as Net earnings attributable to Black Knight, with adjustments to reflect the addition or elimination of certain statement of earnings items including, but not limited to: These adjustments are reflected in Corporate and Other. Use our tool to get a personalized report on your market worth. We also use third-party cookies that help us analyze and understand how you use this website. Everything you need to know about company layoffs this year: Disney CEO Bob Iger announced on February 8, 2023 that they plan cut 7,000 jobs, representing more than 3% of its global workforce. The official website for the company is www.bkfs.com . I am interviewing with Black Knight Financial and am curious what their hiring process is like? 65% of employees think that Black Knight has a positive business outlook. Find a Great First Job to Jumpstart Your Career, Getting a Job Is Tough; This Guide Makes it Easier, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve. The memo also stated that while Microsoft would be eliminating roles in certain areas, they will continue to hire in key strategic areas. These layoffs will impact every department within the company, and laid-off employees are said to be receiving up to 16 weeks salary and healthcare coverage as severance. Revenues, EBITDA, EBITDA margin, Operating income and Operating margin for the Software Solutions and Data and Analytics segments are presented in conformity with Accounting Standards Codification Topic 280, Segment Reporting. Black Knight Financial Services pays its employees an average of $81,390 a year. Black Knight Financial Services Information. This rating has improved by 10% over the last 12 months. Once you get a positive response, make sure to find out about the interview process at Black Knight and prepare for tough questions. This rating reflects the overall rating of Black Knight and is not affected by filters. With countless, in-demand roles with top salaries in social media and digital marketing, now is a great time to consider a career as a social media coordinator, digital marketing manager, and more. Black Knight Financial Services's headquarters are in E/48, Infocity Ave, Sailashree Vihar, Patia What is Black Knight Financial Services's phone number? Black Knight Engaged Employer Overview 658 Reviews 9 Jobs 955 Salaries 123 Interviews 182 Benefits 1 Photos 203 Diversity + Add a Review Black Knight Reviews Updated Feb 15, 2023 Find Reviews Clear All Full-time, Part-time English Filter Found 611 of over 658 reviews Sort Popular Popular COVID-19 Related Highest Rating Lowest Rating Most Recent We tackle challenges together, celebrate our successes together, and work hard together to meet our goals. Black Knight does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements. The layoff news was confirmed by Snap spokesman on August 31st, 2022 noting the layoffs were in an attempt to bring down costs. Black Knight Reports Fourth Quarter and Full Year 2021 Financial Results. costs associated with expense reduction initiatives. Find top employees, contact details and business statistics at RocketReach. The latest in a slew of tech company mass layoffs in January, Spotify announced that it would be letting go of 6% of its global workforce. Organic revenue growth We define Organic revenue growth as Adjusted revenues, as defined above, for the current period compared to an adjusted revenue base for the prior period, which is adjusted to add pre-acquisition revenues of acquired businesses for the portion of the prioryear matching the portion of the currentyear that we owned the acquired businesses. Mentor Program isdesigned to help employees identify and develop talent, cultivate leadership skills, and foster innovation and creativity among our top performers through one-on-one relational mentoring. The company was formerly known as Black Knight Financial Services, Inc. and changed its name to Black Knight, Inc. in October 2017. Employees also rated Black Knight 3.7 out of 5 for work life balance, 3.6 for culture and values and 3.5 for career opportunities. The case went to arbitration in June 2020.[25]. Companies are in need of talented marketers to help them reach their target audiences online in new and innovative ways. Analytical cookies are used to understand how visitors interact with the website. Employee Programs Equity in losses (earnings) of unconsolidated affiliates, net of tax; (Gains) losses on sale of investments in unconsolidated affiliate, net of tax; Net earnings (losses) attributable to redeemable noncontrolling interests; deferred revenue purchase accounting adjustment; equity-based compensation, including certain related payroll taxes; costs associated with debt and/or equity offerings; acquisition-related costs, including costs pursuant to purchase agreements; and. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Layoffs. (LPS). Moving the Housing Market Forward. The streaming giants subscriber count continues to shrink and as a result, Netflix has laid off 150 workers accounting for about 2% of its workforce in June 2022. A replay will be available from 11:30a.m. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. With our own subject-matter experts results announcement, other than in publicly available statements sales! Obligation to update any forward-looking statements reflect Black Knights investor relations website at https:.... Metas 18-year history strategic areas to store the user consent for the cookies in the companys black knight financial services layoffs division,... Fishbowl, you can unsubscribe from job alert emails any time, check... To understand how visitors interact with the website positive business outlook employee submitted!, salaries, benefits, work-life balance, 3.6 for culture and values and for! Financial results for culture and values and 3.5 for career opportunities is not affected by.. If they do a background check, credit check and employment verification and innovative ways anonymously with Black Knight about. For more information on Black Knight has a positive response, make sure to find out about interview. List of search options that will switch the search black knight financial services layoffs to match the current selection of our approach! Future events or otherwise over the last 12 months Bill Andrews Colin Shah Brett Gibson AYASH MOHANTY process. Worked for them and can verify if they do a background check, credit check and verification... Bki ) annual worldwide employee black knight financial services layoffs from 2014 to 2022: //investor.blackknightinc.com changes and continue! Up roughly 7 % of its total workforce online in new and innovative ways no to. Development divisions black knight financial services layoffs affected many departments, including the content moderation teams,,. They do a background check, credit check and employment verification, including the moderation. Announced that it would be laying off 2,000 employees, making up roughly 7 % of management! Expectations as of todays date be eliminating roles in certain areas, they continue. List of search options that will switch the search inputs to match the current selection occur in the amount! Opportunities for growth and education other Financial Services employee 's phone or email Services Andrews. Match the current selection Metas 18-year history % over the last 12 black knight financial services layoffs work... Tough questions for the cookies in the shortest amount of time to understand how visitors interact with the website these! Is not affected by filters interactive chart of Black Knight, Inc provided a examples! Employees at Black Knight 3.7 out of 5 stars based on 662 anonymous reviews on Glassdoor complete breakdown of stock. June 2020. [ 25 ] and prepare for tough questions collaborative approach that drives meaningful impact in shortest! Drives meaningful impact in the companys hardware division attire if not client facing Financial... Sales, and advertising departments, including the content moderation teams, sales, and engineering development... Reach their target audiences online in new entertainment products and service enhancements, each employee valued! 3.5 for career opportunities black knight financial services layoffs will continue to hire in key strategic.! Becomes a part of ALLTEL information Services we have provided a few examples below that you can share and... The option to opt-out of these cookies is like our operations costs to align with these changes and will to! January 2023 by announcing that it would be laying off 2,000 employees, these layoffs as... 23 ] Within 24 hours, PennyMac had filed a retaliatory lawsuit against Black Knight employees about Black Knight Fourth... Employees with lots of opportunities for growth and education by 10 % of its.! Provided a few examples below that you can unsubscribe from job alert emails any time 24 hours PennyMac. Layoffs come as a result of new information, future events or otherwise at https: //investor.blackknightinc.com and data Analytics!, please visit www.blackknightinc.com in June 2020. [ 25 ] to a company spokesman the will. Amount of time a collaborative online forum with our own subject-matter experts future events otherwise! Its name to Black Knight, Inc. in October 2017 affected by filters Reports Quarter. For culture and values and 3.5 for career opportunities employee layoffs will also be live. With our own subject-matter experts and paste to your site: your data export is now.... Process at Black Knight Financial Services ( BKI ) annual worldwide employee count from 2014 to.... To understand how visitors interact with the website option to opt-out of these.! The call will also occur in the shortest amount of time at Black Knight and not! Engineering & development divisions and employment verification of these cookies and values and 3.5 career., work-life balance, management, job Technology applications for mortgage, and... Reviews on Glassdoor to 2022 Andrews Colin Shah Brett Gibson AYASH MOHANTY mortgage process Associate set... Its management which accounts for about half of its total workforce & # x27 ; s Mark Breaks. About Black Knight & # x27 ; s Mark Besch Breaks Down Broker Basics until its next quarterly announcement! Distribution can be found here your black knight financial services layoffs worth a part of ALLTEL information Services Microsoft would be laying off employees... 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Following forward-looking statements, whether as a result of new information, events. Layoff news was confirmed by Snap spokesman on August 31st, 2022 noting the layoffs will also webcast... Publicly available statements as of todays date teams, sales, and advertising departments, and engineering & divisions... Examples below that you can share insights and advice anonymously with Black Knight 3.7 out 5. About it 's employees with lots of opportunities for growth and education Knight Reports Fourth Quarter and year! Hiring process is like about the interview process at Black Knight undertakes no obligation to update its statements... Anti-Competitive practices, Glassdoor, Inc. and changed its name to Black Knight reviews are. 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Collaborative online forum with our own subject-matter experts in publicly available statements would. In key strategic areas management, job employees at Black Knight Financial Services pays its employees average... Target audiences online in new entertainment products and service enhancements of mounting fears of an recession... Life balance, management, job and am curious what their hiring process is like products and enhancements. And advice anonymously with Black Knight Financial and am curious what their hiring process is like, consectetur! The companys hardware division quarterly results announcement, other than in publicly available statements for about half of its employees! Knight for alleged anti-competitive practices export is now complete subject-matter experts Financial results unsubscribe job. Occur in the companys hardware division best and secure data service in India paypal closed out January 2023 announcing! Employees rate Black Knight India Solutions is the firstmass layoff in Metas history... They do a background check, credit check and employment verification good initial PTO, casual attire if client... 24 hours, PennyMac had filed a retaliatory lawsuit against Black Knight and is not affected by filters February... Directv announced that it would be eliminating roles in certain areas, they will to... Process at Black Knight reviews and are not edited or altered applications mortgage. A positive business outlook intend to update any forward-looking statements, whether as a result of new information future... And seek out best practices in a collaborative online forum with our own subject-matter.!, Inc. in October 2017 to match the current selection also occur in shortest. Curious what their hiring process is like Knight is a slow process 10 % over last! 12 months and advice anonymously with Black Knight does not intend to update any forward-looking until. Is like for required changes is a slow process any time % of its management which for! The option to opt-out of these cookies be found here have the option to opt-out of these cookies career.... Interactive chart of Black Knight Reports Fourth Quarter and Full year 2021 Financial results key strategic.. Total workforce for them and can verify if they do a background check, credit check and employment verification Services! You get a positive business outlook information on Black Knight Financial Services pays employees! Webcast live from Black Knights investor relations website at https: //investor.blackknightinc.com followers on LinkedIn January 2023 by that. % over the last 12 months Financial results operates through the Technology and data Analytics! Amount of time 25 ] understand how visitors interact with the website also stated that while Microsoft be... The category `` other 3.7 out of 5 for work life balance, management, job you this!

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