Travis Dulaney
Co-Founder & CEO
B
BalancedTrust
balancedtrust.co
Website unreachable since Oct 19, 2026
BalancedTrust offers a Third Party Risk Management Platform that enables banks to evaluate and monitor compliance and risk factors of external partners, effectively reducing client compliance failures and administrative overhead by 50%. The platform provides real-time monitoring and performance assessments, ensuring alignment with regulatory standards and safeguarding customer data.
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Banks face challenges in effectively evaluating and monitoring the compliance and risk profiles of their third-party vendors, particularly fintech companies. Inadequate oversight can lead to compliance failures, increased operational risk, and potential reputational damage. Managing the complexities of third-party risk assessment requires significant administrative overhead and specialized expertise.
Solution
BalancedTrust offers a Third-Party Risk Management (TPRM) platform designed to streamline the evaluation and continuous monitoring of external partners for banks. The platform provides real-time performance assessments, compliance tracking, and early warning systems to proactively identify and mitigate potential risks. By translating a fintech's compliance culture into a bank's language, BalancedTrust facilitates seamless collaboration and better expectation management. The platform's BT TrustScore helps banks understand the compliance efforts of their fintech partners, enabling faster onboarding and reduced systemic risk.
Target Audience
The primary target audience includes banks and financial institutions seeking to manage systemic risk by evaluating and monitoring external partners, as well as fintech companies aiming to demonstrate their compliance posture.
Features
- Continuous vendor performance monitoring with timely alerts for proactive risk management
- BT TrustScore to evaluate a Fintech's investment in building their business and compliance programs
- Real-time monitoring and automatic compliance adjustments to maintain secure and compliant financial operations
- Advanced risk assessment tools for proactive risk management and seamless audit reporting
- Streamlined onboarding process through transparent BSA and AML (OFAC) guidelines
- Dedicated team of professionals providing full-service support and addressing any questions or concerns