Securefact enters into agreement with Industrial Alliance to manage lien registrations for auto lending division

TORONTO, April 2, 2014 /CNW/ - Securefact Transaction Services, Inc. ("Securefact"), a trusted provider of both on-demand and managed services for secured lending, know-your-customer (KYC) requirements and regulatory compliance, announced today that it has signed an agreement with Quebec City-based Industrial Alliance Insurance and Financial Services Inc. to manage their lien registrations, including PPSA and RDPRM registrations, amendments and discharges.

"We are very pleased to be working with Industrial Alliance's auto lending division, as they plan to significantly expand their auto lending business nationally," stated Gabor J. Horvath, President and CEO of Securefact.

"Securefact's proven, reliable lien registration solutions and exceptional customer service with other OSFI regulated auto lenders made them a logical choice for us as we look to grow our business nationally. Their extensive subject matter expertise and proven technology platform will enable us to scale quickly and cost effectively," stated Liliane Dubois, Vice-President, Automotive Finance at Industrial Alliance.

About Industrial Alliance

Founded in 1892, Industrial Alliance Insurance and Financial Services Inc. is a life and health insurance company that offers a wide range of life and health insurance products, savings and retirement plans, RRSPs, mutual and segregated funds, securities, auto and home insurance, mortgage loans, car loans and other financial products and services.

About Securefact^®

Securefact is a trusted provider of both on-demand and managed services for secured lending, know-your-customer (KYC) requirements and regulatory compliance. Leveraging our proprietary technology and subject matter expertise, we make doing business easier and more profitable for our customers. Established in 1995, Securefact is a privately held corporation with its head office in Toronto, Canada. Learn more at www.securefact.com.

SOURCE: Securefact Transaction Services, Inc.

Gabor Horvath, President, Securefact at 416-646-5560 or [email protected]