Question-and-Answer Session
Operator
Thank you. The question-and-answer will be conducted electronically. (Operator Instructions) The first question will come from Terry Tilman with Raymond James
Terry Tilman – Raymond James
Hi, guys. I guess I’ll start will with my regulatory comment, nice job on the quarter. I had just a couple of questions for each of you. First John in terms of you talked about IQ and I guess RAP combined you’re kind of core. You just said they’re going double digit. I don’t know if that’s like 11% or 50%, but its double digit away, that’s good, but what about ASE? How did that grow in the quarter and could you segment ASE just core database is opposed to database options?
John Chen
No, I don’t know how to separate core database versus database option, we don’t even have that. I guess we run an analysis for it with our IQ engine. We don’t normally look at that, the database comes in at ASE and so I can tell you on that one. First of all, the IQ is better than the 50%, it’s not 11% so that’s number one. The core database ASE grew year-over-year. Ross, what you say?
Jeff Ross
Yes, it grew a bit about market rates. Since, what we are saying. Yes 8% to 10% or so.
Terry Tilman - Raymond James
Okay, well that’s great there and then John you mentioned something earlier in your script about deals moving around. Was there anything this quarter that was different and like the first quarter or the couple of prior quarters in terms of deals moving around? Was there more business that was kind of less predictable? And then secondly, on that comment, how is pipeline or are you having good coverage, so that’s been able to provide an offset? Thanks.
John Chen
Well, I thought you really tell me, because I saw you write on that quarter. Now, it’s a matter of people are taking longer to get things done and it’s really kind of you have the needs and finish the discussion and the negotiation and just kind of looking for money type think. So, that’s what I meant was moving around.
The business wasn’t really gone, it was just moved around basically. Yes, the answer to your question, our pipeline is very strong and we also developed kind of backups alongside with deals. So, we’re okay with that and we did well in Q2 and we expect to have the same discipline carrying through in Q3 and Q4.
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