Category Archive : Marketing Translation Services

What is Financial Translation Service?

Financial translation is the process of translating documents related to finances, economy, and banking. This financial translation service involves a wide range of topics and types of reports and documents. Financial translators require good knowledge in a subject matter expert, who is highly skilled as a translator and has years of experience in the field. 

There are thousands of financial translation agencies serving in the United States. All of the reputed and know translation brands hire experienced professionals who are experts in performing financial translation services. These people understand how important it is for a financial document to be accurate. Any mistranslation in business financial translation can lead to major issues and damage the brand’s value.

But there is a very long procedure and a lot of effort required by these professionals to achieve high accuracy and great quality. The procedure of financial statement translation is not easy and demands patience, focus and a great level of effort to pull it out.

English has been accepted as the global language by most of the industries, finance is one of them. Most of the financial markets indeed work with English being their prominent language, but it is not the case everywhere. Spanish is the current favorite language of the investors, even for the ones working in the United States. For other large stock exchanges like Tokyo, Shanghai, and Toronto, the current prominent finance languages are Japanese, Mandarin, German and French.

All these languages are becoming an important part of the financial sector and have started influencing the markets. This has increased the need for financial translation services as businesses are going global and need to deal with various financial markets.

The work of a financial translator doesn’t allow them to do any errors and this is not the only problem they have to face, the list of difficulties is long and needs to be handled with proper focus and attention.

A few of challenges in financial translation services are

  • Punctuation – The very first mistake which anyone can easily make with numbers is punctuation. The proper placement of punctuation is very vital concerning numbers. One thousand is not the same in numeric form in all the languages. It can be written as 1000, or 1’000, or 1,000 or 1 000 in different languages.
  • Number Confusion – While performing a financial translation, if you are converting a number into letters or text form, you have to be very particular about the language you are translating content to. 1’000’000’000’000 is not termed as the same in every language. It is one trillion in the US English, as per UK English it is billion, Mille milliards in the French language and in Spanish it is called millon de millones.
  • Terminology – Its easy to translate a straight translation where one document needs to be converted into another language. But when it comes to industries like finances, the involvement of industry-specific words will increase. These are the technical words that are self-explanatory and used in the financial content regardless of the language. Most of such words are untranslatable or needs a long translation for a single word.
  • Misinterpretation – No matter how much a translator tries putting his/her efforts in translating the numbers, it is also important to place them in the correct context. Any miscommunication in the context can panic the entire financial market.
  • Overseas Regulations – If a business is collaborating with other overseas businesses and requires financial business translation services, then the translation of the content, as well as the numbers, should be as per the rules, regulations, standards, and guidelines of that foreign country. The translated documents should follow the foreign country’s compliances and terminology as well.
  • Privacy – Privacy of financial matters is highly important for both individuals and businesses. The risk of losing some financial details is the main threat that people or companies fear off. While translating financial documents, either for businesses or for individuals, it is super vital for the professionals to keep the document safe and private, should not share any information with any other individual and should not share data with third-party vendors.

Vanan Translation is a translation agency, known worldwide for offering accurate, quality, and affordable financial translation services. Our team of professionals is experts with in-depth knowledge of the finance industry. The team is experienced in performing financial translation services and knows the ways to overcome all the above-mentioned challenges.

With digitalization being the key feature in solving half our glitches, there is hardly any restriction on business expansion. Professional development in different countries or across borders has its own restrictions when it comes to picking up your base and shifting everything. The only barrier a company/individual would face is the language proliferation in the new country. But, with language services bridging the gap and leasing professional help, companies nowadays are finding it much easier to connect and explore their options.

The very first step professional translation services must cater to is the company’s marketing and advertising services. The larger audience would prefer watching an advertisement or a campaign in their native language. If that prerequisite doesn’t meet, the whole idea gets mislaid. Whether it is translation of confidential files or personal documents, the companies follow a business translation rate where they keep it very transparent and clear of any hidden cost.

Where would you need a translation service?

Translation services can be needed in any industry. There is no just one confined sector that translational services cater to.

Marketing Translation Services

If you are a brochure company

Print medium is one of the oldest forms of transmitting information to the mass audience. While it has been successful in doing that, there are so many barriers one would face if they are shifting bases and moving to a new place. If you are pitching to a client whose requirement is to make a brochure, you must cater to multilingual services. A brochure needs to be in the same language of the target audience’s comfort. Brochure translational services are done by many professional companies who have substantial exposure and experience in translation. It needs a special style of presentation and should be accurate. A professional brochure translation company would be of great help in putting across the intended message in any language you desire. 

If you write letters

Letters? Really? Isn’t that what you are thinking?

But hey, you know what? Whether it is an organization or a family member, people these days tend to keep their wishes, notes, phrases, anecdotes etc., personal. To give a completely personalised touch and to keep it simple, letters these days are written. May it be a “thank you” note to your client or a beautiful poem to your best friend; letters in their native language can be the best way to surprise them! Are you confused where to get it done? Worry not! A letter translation company just knows what to do if you want to translate it into a language of your choice. The trend is back, you guys! If you haven’t been confident to write to your people, start doing it today!

If you are a corporate organization

Let’s assume that you are an American corporate organization tying up business with a Chinese company. It is only reasonable and very professional to translate documents and business proposals, in both English and Chinese, right? Reason why it is important

  1. You are being courteous
  2. You might avoid awkwardness if they don’t follow the language
  3. It shows a supreme personal touch

Translation companies these days have standard plans when it comes to corporate translation rates. There are rates for each page and the turnaround time is quick. While taking the help of professionals, you don’t often have to worry about accuracy and meticulousness. 

We are pretty sure you might have gotten an idea of what exactly translational services are. Out of all the great translational companies, the ones that stand out always cater to the end user’s comfort. Keeping all of this and more in mind, Vanan Translation has built a core translation team with energy filled professionals.