#include<bits/stdc++.h>
#include<atcoder/all>
using namespace std;
namespace my{
using ml=atcoder::modint1000000007;
auto&operator>>(istream&i,ml&x){int t;i>>t;x=t;return i;}
auto&operator<<(ostream&o,const ml&x){return o<<(int)x.val();}
#define LL(...) ll __VA_ARGS__;lin(__VA_ARGS__)
#define ST(...) string __VA_ARGS__;lin(__VA_ARGS__)
#define VL(n,...) vec<ll>__VA_ARGS__;setsize({n},__VA_ARGS__);lin(__VA_ARGS__)
#define FO(n) for(ll ij=n;ij-->0;)
#define FOR(i,...) for(auto[i,i##stop,i##step]=range(0,__VA_ARGS__);i<i##stop;i+=i##step)
#define fo(i,...) FO##__VA_OPT__(R)(i __VA_OPT__(,__VA_ARGS__))
#define fe(a,i,...) for(auto&&__VA_OPT__([)i __VA_OPT__(,__VA_ARGS__]):a)
#define single_testcase void solve();}int main(){my::io();my::solve();}namespace my{
void io(){cin.tie(nullptr)->sync_with_stdio(0);cout<<fixed<<setprecision(15);}
using ll=long long;
constexpr auto range(bool s,auto...a){array<ll,3>r{0,0,1};ll I=0;((r[I++]=a),...);if(!s&&I==1)swap(r[0],r[1]);r[0]-=s;if(s)r[2]*=-1;return r;}
constexpr char newline=10;
constexpr char space=32;

template<class A,class B>struct pair{
  A a;B b;
  pair()=default;
  pair(A a,B b):a(a),b(b){}
  pair(const std::pair<A,B>&p):a(p.first),b(p.second){}
  auto operator<=>(const pair&)const=default;
  pair operator+(const pair&p)const{return{a+p.a,b+p.b};}
  friend istream&operator>>(istream&i,pair&p){return i>>p.a>>p.b;}
  friend ostream&operator<<(ostream&o,const pair&p){return o<<p.a<<space<<p.b;}
};

template<class F=less<>>auto&sort(auto&a,F f={}){ranges::sort(a,f);return a;}
auto&unique(auto&a){sort(a).erase(ranges::unique(a).begin(),a.end());return a;}

template<ll k>auto pack_kth(const auto&...a){return get<k>(make_tuple(a...));}
template<class T,ll n>auto pack_slice(const auto&...a){return[&]<size_t...I>(index_sequence<I...>){return array<T,n>{get<I>(forward_as_tuple(a...))...};}(make_index_sequence<n>{});}

template<class V>concept vectorial=is_base_of_v<vector<typename V::value_type>,V>;
template<class T>struct vec_attr{using core_type=T;static constexpr int rank=0;};
template<vectorial V>struct vec_attr<V>{using core_type=typename vec_attr<typename V::value_type>::core_type;static constexpr int rank=vec_attr<typename V::value_type>::rank+1;};
template<class T>using core_t=vec_attr<T>::core_type;
template<class V>istream&operator>>(istream&i,vector<V>&v){fe(v,e)i>>e;return i;}
template<class V>ostream&operator<<(ostream&o,const vector<V>&v){fe(v,e)o<<e<<string(&e!=&v.back(),vectorial<V>?newline:space);return o;}

template<class V>struct vec;
template<ll rank,class T>struct tensor_helper{using type=vec<typename tensor_helper<rank-1,T>::type>;};
template<class T>struct tensor_helper<0,T>{using type=T;};
template<ll rank,class T>using tensor=typename tensor_helper<rank,T>::type;

template<class V>struct vec:vector<V>{
  using vector<V>::vector;
  vec(const vector<V>&v){vector<V>::operator=(v);}

  template<class...A>requires(sizeof...(A)>=3)vec(A...a){const ll n=sizeof...(a)-1;auto t=pack_slice<ll,n>(a...);ll s[n];fo(i,n)s[i]=t[i];*this=make_vec(s,pack_kth<n>(a...));}
  template<class T,ll n,ll i=0>static auto make_vec(const ll(&s)[n],T x){if constexpr(i==n-1)return vec<T>(s[i],x);else{auto X=make_vec<T,n,i+1>(s,x);return vec<decltype(X)>(s[i],X);}}

  vec&operator^=(const vec&u){this->insert(this->end(),u.begin(),u.end());return*this;}
  vec operator^(const vec&u)const{return vec{*this}^=u;}
  vec&operator+=(const vec&u){vec&v=*this;assert(v.size()==u.size());fo(i,v.size())v[i]+=u[i];return v;}
  vec&operator-=(const vec&u){vec&v=*this;assert(v.size()==u.size());fo(i,v.size())v[i]-=u[i];return v;}
  vec operator+(const vec&u)const{return vec{*this}+=u;}
  vec operator-(const vec&u)const{return vec{*this}-=u;}
  vec&operator++(){fe(*this,e)++e;return*this;}
  vec&operator--(){fe(*this,e)--e;return*this;}
  vec operator-()const{vec v=*this;fe(v,e)e=-e;return v;}

  vec&operator%=(auto M){vec&v=*this;fe(v,e)e%=M;return v;}
  vec operator%(auto M)const{return vec{*this}%=M;}

  ll size()const{return vector<V>::size();}

  auto lower_bound(const V&x)const{return std::lower_bound(this->begin(),this->end(),x);}
  ll arg_lower_bound(const V&x)const{return lower_bound(x)-this->begin();}

  auto scan(const auto&f)const{pair<core_t<V>,bool>r{};fe(*this,e)if constexpr(!vectorial<V>)r.b?f(r.a,e),r:r={e,1};else if(auto s=e.scan(f);s.b)r.b?f(r.a,s.a),r:r=s;return r;}
  auto sum()const{return scan([](auto&a,const auto&b){a+=b;}).a;}

  template<class F=less<>>auto sort(F f={})const{vec v=*this;ranges::sort(v,f);return v;}

  auto unique()const{auto r=sort();r.erase(ranges::unique(r).begin(),r.end());return r;}
  auto zip()const{auto v=unique();vec<ll>r(size());fo(i,size())r[i]=v.arg_lower_bound((*this)[i]);return r;}
};
template<class...A>requires(sizeof...(A)>=2)vec(A...a)->vec<tensor<sizeof...(a)-2,remove_reference_t<decltype(get<sizeof...(a)-1>(declval<tuple<A...>>()))>>>;
vec(ll)->vec<ll>;

template<ll n,class...A>void setsize(const ll(&l)[n],A&...a){((a=vec<void*>::make_vec(l,core_t<A>{})),...);}

void lin(auto&...a){(cin>>...>>a);}
template<char c=space>void pp(const auto&...a){ll n=sizeof...(a);((cout<<a<<string(--n>0,c)),...);cout<<newline;}

auto zip(auto&...a){auto v=(a^...);unique(v);([&](auto&u){fe(u,e)e=v.arg_lower_bound(e);}(a),...);return v;}

template<class T>struct fenwick_tree{
  ll n;
  vec<T>data;

  fenwick_tree(ll n):n(n),data(n){}
  fenwick_tree(const vec<T>&a):n(n),data(n){fo(i,n)add(i,a[i]);}

  ll size()const{return n;}

  void add(ll i,T x){
    assert(0<=i&&i<n);
    i++;
    while(i<=n){
      data[i-1]+=x;
      i+=i&-i;
    }
  }

  T sum(ll l,ll r)const{
    assert(0<=l&&l<=r&&r<=n);
    T res=0;
    while(r>0)res+=data[r-1],r-=r&-r;
    while(l>0)res-=data[l-1],l-=l&-l;
    return res;
  }
  T all_sum()const{return sum(0,n);}

  T get(ll i)const{assert(0<=i&&i<n);return sum(i,i+1);}

  friend ostream&operator<<(ostream&o,const fenwick_tree&ft){fo(i,ft.size())o<<ft.get(i)<<string(i!=ft.size()-1,space);return o;}
};

single_testcase
void solve(){
  LL(N,K);
  VL(N,a);
  ll M=zip(a).size();
  ST(s);

  vec ft(K+2,fenwick_tree<ml>(M));

  vec dp(N+1,K+2,ml{});
  fo(i,N){
    dp[i][1]=1;
    fo(j,2,K+2){
      if(s[j-2]=='<')dp[i][j]=ft[j-1].sum(0,a[i]);
      else dp[i][j]=ft[j-1].sum(a[i]+1,M);
    }
    fo(j,1,K+2)ft[j].add(a[i],dp[i][j]);
  }

  pp(ft[K+1].all_sum());
}}