Regtech Firm NOTO Elevates Hristian Drensky as Strategy and Partnerships VP

NOTO, a regtech company based in Sofia, has promoted Hristian Drensky as the Vice President of Strategy and Partnerships. He joined the company in July 2019 and was previously the Head of Strategy and Partnerships.

According to his LinkedIn profile, Drensky already assumed the new roles at the company earlier this month. “I’m happy to share that I’m starting a new position as Vice President Strategy and Partnerships at NOTO – Outsmart Risk!” he wrote in his Linkedin post.

Founded in 2015, NOTO provides an enterprise-grade solution to address all financial crime threats. It offers solutions and services around anti-money laundering (AML Anti-Money Laundering (AML) Anti-money laundering (AML) is a term that describes laws, processes, and regulations that are intended to prevent illegally obtained funds from being disguised as income gained through legitimate means. The fundamental purpose of the AML laws is to help safeguard, detect, and report suspicious activity including the predicate offenses to money laundering and terrorist financing, such as securities fraud and market manipulation.Most exchanges have AML measures that include identity verification Anti-money laundering (AML) is a term that describes laws, processes, and regulations that are intended to prevent illegally obtained funds from being disguised as income gained through legitimate means. The fundamental purpose of the AML laws is to help safeguard, detect, and report suspicious activity including the predicate offenses to money laundering and terrorist financing, such as securities fraud and market manipulation.Most exchanges have AML measures that include identity verification Read this Term) and fraud detention for companies in several industries, including banking, cryptocurrency, fintech, gaming and payment processing.

The company was co-founded by four executives from the fintech and payments space, Apostol Terziev, who oversees the technology, Ivan Stefanov, responsible for strategy, Svetlin Dobrev, who is handling the product, and Mariana Gospodinova. It onboarded its first customer in 2017 and then enhanced its offerings by adding machine-learning Machine Learning Machine learning is defined as an application of artificial intelligence (AI) that looks to automatically learn and improve from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on the development of computer programs that can access data and use it learn for themselves.This has many potential benefits for most industries and sectors, including the financial services industry. Machine Learning ExplainedMachine learning can be explained Machine learning is defined as an application of artificial intelligence (AI) that looks to automatically learn and improve from experience without being explicitly programmed. Machine learning is a rapidly growing field that also focuses on the development of computer programs that can access data and use it learn for themselves.This has many potential benefits for most industries and sectors, including the financial services industry. Machine Learning ExplainedMachine learning can be explained Read this Term capabilities in 2021.

Bringing Strong Industry Experience

Drensky has about a decade of diversified experience in the financial industry. Additionally, he headed the Strategy and partnership team at QaiWare, another Sofia-based company in IT services and consulting. On top of that, he spent five years of his career at Payreto, first as a Senior Business Development Manager and then as a Payment Consultant.

He started his career at a sales and distribution company and then joined the Sofia offices of IBM in roles around sales and distribution (finance), spending a year and six months there.

Moreover, he worked at iCard as a Sales Manager for about a couple of years and at phyre, a financial services company, for over a year with its Sales and Business Development team. Furthermore, he spent a year and three months at payments firm, Paynetics in a role around Sales and Business Development.