South Korea’s financial regulator, the FSC, will provide translation support to firms as English filings will be made mandatory for listed companies in a bid to attract foreign investors.
A primer on the seven most important document types in financial translation, a market that’s worth an estimated USD 1.3 billion annually.
Shares in Japanese language service provider Honyaku Center plummet on declining Q1 2020 sales. Its largest unit, Translation, retreated across all sectors bar Patents.
Study examines impact of machine translation post-editing on productivity of in-house translators at Switzerland’s Migros Bank.
The financial industry is a major buyer of language services and technology. This report contains actionable insights about the size of the addressable market, the competitive landscape, buyer behaviour and preferences, as well as sales, business development, marketing strategies for LSPs to succeed in servicing the financial industry.
A new EU Directive called MIFID II, introduced on 3 January 2018, means investment firms will have to make their research costs explicit, and threatens to reduce the amount of research - and therefore translation - being commissioned by investment banks’ trading desks .
The Japanese provider of business intelligence and Asia-focused industry research sees translation volumes going up as the company grows internationally. To boost productivity UZABASE is looking to deploy a TMS.
Which sectors and units within banking and finance buy language services? And what are the job titles of the people making the decisions? Download our brief guide for language service providers on how to grow their business in the financial industry.
European Central Bank announces winners of EUR 2.4m framework for translating 19 source languages into English. Estonian and Maltese still looking for vendors.
Financial institutions face a formidable challenge in staying true to their brand across global markets and remaining compliant with local regulations. They rely on Welocalize to cut complexity in large programs that require localization into over 175 languages.
Financial printing and document services firm HeterMedia lists on the Hong Kong Stock Exchange, netting USD 4.6m in the process. The company, expected to top USD 20m in annual revenues for 2016, plans to build out its translation business.
In America, homebuyers got news on the free translation services they hoped for; US-listed oil firms have to file another annual report detailing payments to governments and translate related documents. European publishers unite to run translation, and MIT says understanding language remains AI's big prize.
Lobby group Americans for Financial Reform urges the US Consumer Financial Protection Bureau to require banks and financial institutions to provide home buying documents in eight languages.
Japan’s Honyaku Center posts a 0.8% increase in revenues to $59.1m in its interim earnings report for the nine months up to December 31, 2015; Profits up by 28% to $3.2m.
Download Slator’s report on the future of equity research and learn how the EU’s MiFID 2 regulation and fast-advancing technology are disrupting the current business model.
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