BalancedTrust adds AI and business development leaders

BalancedTrust said Monday it appointed Chris Gowen as Business Development and Relationship Manager and Jack Sasikumar as Senior AI Engineer to support its compliance infrastructure platform. The company also outlined plans to expand Compliance Genie and bring a new policy gap analysis tool to market after validation.

Why it matters: - BalancedTrust is trying to scale its compliance infrastructure as banks, fintechs and payment providers face faster-changing regulatory demands. - The new hires are meant to strengthen market reach and the company’s AI-driven product development at the same time. - BalancedTrust said the move supports new products and services for financial institutions and fintechs.

What happened: - BalancedTrust announced the appointments of Chris Gowen as Business Development and Relationship Manager and Jack Sasikumar as Senior AI Engineer. - The announcement was made Aug. 18, 2026, in Fort Lauderdale, Florida. - Travis Dulaney, BalancedTrust founder and CEO, said the additions support the launch of Compliance Genie and the company’s use of Agentic AI. - Dulaney said the company needs more resources to automate the processes the industry uses today.

The details: - Gowen brings more than 20 years of experience across enterprise sales, mortgage technology, regulatory compliance and financial services. - Gowen held leadership roles at ICE Mortgage Technology, Wolters Kluwer, Conduent and Capsilon. - Gowen has an MBA in Accounting from the University of Florida, a Bachelor of Arts in Accounting from the University of Georgia and is a Certified Public Accountant. - Sasikumar joins to advance BalancedTrust’s machine learning and artificial intelligence capabilities. - Sasikumar focuses on building production-ready tools that automate compliance workflows, improve risk visibility and deliver proactive insights for regulated entities. - Sasikumar holds an MA in Artificial Intelligence from Northeastern University. - BalancedTrust said Compliance Genie uses Agentic AI to answer questions on BSA/AML, OFAC and Regulation E. - The company plans to expand the laws and regulations covered by Compliance Genie in the coming months. - BalancedTrust also plans to announce a new policy gap analysis tool. - The tool is undergoing scrutiny and validation before release. - BalancedTrust said the tool could cut policy compliance work from weeks to hours. - More information is available at BalancedTrust’s website. - BalancedTrust also maintains a LinkedIn page.

Between the lines: - The leadership hire signals a push to deepen commercial partnerships while the AI hire signals continued investment in product automation. - The company is positioning compliance as a workflow problem that can be shortened with AI, not just monitored after the fact. - Validation of the policy gap analysis tool suggests BalancedTrust is trying to avoid releasing capabilities before accuracy is proven.

What's next: - BalancedTrust expects to add more laws and regulations to Compliance Genie over the next few months. - The company plans to bring the policy gap analysis tool to market after testing and validation are complete. - BalancedTrust is also signaling a broader expansion of its customer reach and product set as the platform matures.