There are
4 aspects
to
financial
translation:
-
Financial
analysis
or
financial
research
that fits a
market
model.
If the
translation
is for the
Stock
Market, the
translator
must follow
the rhythm
of Stock
Market. The
translation
must meet
criteria of
effectiveness
as well as
style. The
message must
be
applicable
and be made
applicable
into the
target
language.
Translation
in the world
of financial
analysis
must rise to
the
pressures of
the industry
whereby a
high volume
of work must
be
translated
within
extremely
short
deadlines,
and this
necessitates
high
productivity
translators.
-
Translation
of
financial
transactions
corresponds
to a crisis
model,
meaning that
the
transaction
is
necessarily
specific and
entails
significant
issues.
Deadlines
are
extremely
short with
various
participants
involved in
the
transaction.
From
financial
advisory
firms to
corporate
law firms to
investment
bankers, the
translator
is part of a
working team
ensuring
that the
transaction
runs
smoothly.
Translation
is a service
with high
added value,
and if it
fails, the
entire
operation is
in jeopardy.
-
Financial
information
is similar
to the
publishing
business,
with a
document
life
fundamentally
different
compared to
the first
two
examples. Whereas
for
financial
analysis and
financial
transactions
the document
life is very
short,
financial
information
documents,
such as
annual
reports for
example,
have a long
life. The
premise here
is based on
image; a
company puts
its image on
the line
with this
type of
document. Our
role is to
keep the
same
translators
on a project
so that the
client is
ensured
coherence on
a monthly
basis.
-
Financial
procedure
is analogous
to a
learning
institution
model. The
absolute
criterion
for the
translation
of a
procedural
manual, for
example, is
a high level
of expertise
on the part
of the
translator.
The
translator
must not
only master
translation
techniques,
but also
have a
thorough
knowledge of
the
financial
industry and
its various
participants.
This is why
we work very
closely with
experts such
as chartered
accountants
or financial
analysts.
