Gen II Fund Services Integrates S7’s Waterfall Automation, Hires Beverly Shealy to Lead Solutions
Event summary
- Gen II Fund Services signed a long-term licensing agreement with S7 Fund Ops to integrate its waterfall automation engine into Gen II’s fund administration platform.
- Beverly Shealy joined Gen II as Head of Waterfall Solutions, bringing expertise in financial technology and operational scaling.
- S7’s waterfall automation engine is designed to replace manual and spreadsheet-based processes with transparent, auditable, and flexible automation.
- Gen II oversees $1 trillion+ in private fund capital, serving a spectrum of fund managers globally.
The big picture
Gen II’s partnership with S7 and the hiring of Beverly Shealy underscore the growing emphasis on automation and digital transformation in private capital fund administration. As waterfall structures become more complex, the shift from manual processes to automated solutions is critical for precision and efficiency. Gen II’s move aligns with broader industry trends toward technology-driven operational excellence, particularly for firms managing large-scale AUM.
What we're watching
- Automation Adoption
- How quickly Gen II can scale S7’s waterfall automation across its client base and whether it can maintain operational efficiency.
- Leadership Impact
- Whether Beverly Shealy’s expertise will accelerate the evolution of Gen II’s waterfall capabilities and expand the Sensr Solutions suite.
- Market Differentiation
- The pace at which Gen II can leverage this technology to differentiate itself in the competitive private capital fund administration space.
Related topics