TORONTO, Nov. 20, 2013 /CNW/ - Securefact Transaction Services, Inc. ("Securefact"), the leading Canadian provider of public records based risk management, security registration and KYC services, announced today that they have entered into a comprehensive co-marketing and services agreement with Corporation Service Company ("CSC") of Wilmington, Delaware, one of the largest registered agent service companies in the world, representing hundreds of thousands of business entities worldwide, including a substantial number of the Fortune 1000.
Under this agreement, CSC will market and use Securefact's Canadian corporate and lending transaction services, including PPSA/RDPRM and due diligence, to its extensive customer base of U.S. law firms and others. Similarly, Securefact will market and use CSC's registered agent and related services to its Canadian enterprise and banking customers. This agreement enables both firms to provide their customers with a seamless North America-wide solution.
"In today's increasingly regulated and competitive financial services and corporate transaction environment, Securefact and CSC have effectively erased the U.S./Canada border for lending and corporate transactions. Lenders and lawyers can now enjoy the benefits of higher efficiency and ease-of-use when transacting cross-border business," stated Gabor Horvath, President of Securefact.
"We have been working with Securefact for a number of years and we now feel that the time is right to provide these additional benefits to our U.S. customers," said Tom Frosina, UCC Market Manager at CSC.
Securefact is Canada's premiere provider of technology based public records and commercial relationship risk management services to the financial, legal and large enterprise sectors. Securefact solutions enable organizations to meet their operational challenges related to on-boarding and secured transaction processing more efficiently, with higher effectiveness and in a manner that is consistent with increasingly rigorous regulatory compliance and risk management challenges. Established in 1995, Securefact® is a privately held corporation with its head office in Toronto, Canada. Learn more at www.securefact.com.
About Corporation Service Company®
Corporation Service Company is a privately held business and legal services organization providing matter management, corporate compliance, and trustee services for companies and law firms worldwide; digital brand services for top global brands; and due diligence and transactional services for the world's largest financial institutions. Founded in 1899, CSC has more than 1,800 employees throughout North America, Europe, Africa and the Asia-Pacific region. Learn more at www.cscglobal.com.
SOURCE: Securefact Transaction Services, Inc.
For further information:
Gabor Horvath, President, Securefact at (416) 646-5560 or [email protected]
Tom Frosina, UCC Market Manager, CSC at (302) 636-5401 x63263 or [email protected]