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Gen II Fund Services has established a long-term licensing agreement with S7 Ops to incorporate S7's automated waterfall solutions into Gen II's fund administration platform. This partnership is part of Gen II's strategy to enhance its technology offerings in fund administration.

Beverly Shealy has been appointed as Head of Waterfall Solutions, bringing expertise in financial technology to lead the development of Gen II's waterfall capabilities and expand the Sensr Solutions product suite. This move reflects Gen II's commitment to operational excellence and innovation in the financial services sector.