“We are preparing for multiple quarters of recovery.”

In context

“ink primarily about Fiscal '22 rather than 4Q. As you're going through your budget planning process. How are you thinking about pricing? How are you thinking about expenses? What would it take for you to say, return to providing a full-year outlook? If you could kind of provide a framework of how you're thinking. Vasant Prabhu: It's too early to give you a perspective on 2022. I think we'll save that for October. And where do we provide a full-year outlook or do what we've done this quarter is to give you the best sense we have of what, what we see around us right now and how it might play out for a quarter or two. Altogether, we go further than that, I think we'll look fast as we go along. As we've said, we've already given you some indications of our posture as it relates to investment. We are preparing for multiple quarters of recovery. You'd -- perhaps, you've heard earlier about the conversation about the cross-border recovery that still remains ahead of us. So clearly, there's plenty of recovery still to come. And we are investing in preparation for the post - COVID world where we see extraordinary opportunities in new flows and value-added services. So we are stepping up investments, and our expenses are growing in the mid-teens and so on. But in terms of projecting where revenues are going to be or what the volume trends are going to be. We'll save a lot of that discussion and pricing and our thoughts for that for October. Ashwin Shirvaikar: All right. Thank you. Operator: Thank you. Our next question comes from David Togut with Evercore ISI. You may go ahead. David Togut: Thank you. Good afternoon. Recently, your”