Enigio is pleased to announce that London Forfaiting Company (LFC) has joined the open ecosystem of trace:original, taking a significant step toward the digital transformation of trade finance. By leveraging Enigio’s trace:original solution, LFC is now transacting live with fully digital trade documents, reinforcing its commitment to innovation and operational efficiency.
As the trade finance industry continues its shift toward digitalisation, LFC is embracing trace:original to enhance its document management processes. The move marks an important milestone in the company’s broader strategy to modernise trade finance instruments, improve security, and optimise transaction flows.
“As part of our ongoing strategy, we are committed to the digitisation of trade finance instruments. Following a thorough risk assessment, we have identified the collections business as an area that stands to benefit from this development," says Lorna Pillow, Chief Operating Officer and Deputy CEO at LFC.
The company has already observed measurable benefits, improving both efficiency and the overall client experience.
“This strategic initiative is already yielding positive results, enhancing operational efficiency, and providing an improved experience for LFC clients. Moving forward, we aim to extend this concept to our forfaiting offering, and we encourage other banks to join us in embracing the digital transformation,” Lorna Pillow adds.
For Enigio, LFC’s adoption of trace:original further validates the growing momentum behind digital trade solutions.
“London Forfaiting Company joining the Enigio open ecosystem is a pivotal step forward for digital trade,” says Patrik Zekkar, CEO of Enigio. “Their expertise and global reach amplify our mission to drive innovation and efficiency in trade finance, making fully digital transactions a reality.”
As more financial institutions and trade finance providers recognise the advantages of electronic trade documentation, trace:original continues to set the standard for secure, scalable, and interoperable solutions. LFC’s involvement underscores the importance of industry collaboration in accelerating the transition to digital trade finance.
About London Forfaiting Company (LFC)
London Forfaiting Company, a leading provider of forfaiting and trade finance solutions, has been a trusted partner for businesses worldwide since its establishment in 1984. With a global presence and decades of experience, LFC continues to innovate and adapt to meet the evolving needs of the trade finance landscape.
About Enigio
Enigio is at the forefront of electronic trade solutions, offering trace:original, a legally compliant and fully interoperable solution for digital trade documents. With a commitment to efficiency, security, and sustainability, Enigio enables businesses to transition from paper to digital with ease.