Advantages of Contracted Financial Translation Services

There are many types of financial translation services available at your discretion. You could hire freelancers who would work on a project and then you can hire them again for another project. You can outsource the work to a company that specialises in language translation services. There are many types of financial translation services available at your discretion. You could hire freelancers who would work on a project and then you can hire them again for another project. You can outsource the work to a company that specialises in language translation services. You can use software and there are free tools as well. Free tools or software enabled language translation services lack the human touch. Human intervention is the only way to ensure the translated text or content is accurate. Hiring freelancers may save you a few pennies but it would not be rewarding in the long run.

The best way to go about it is to hire a company that specialises in language translation services. Let us explore the advantages of contracted financial translation services.

• The first and perhaps the most important advantage is accuracy. This includes the quality of translation as well. Financial translation services are within the ambit of language translation services but there is the added specialisation of understanding the financial domain. Financial jargon, much like medical jargon, can be quite perplexing for those who are not familiar or trained. Freelancers can be accustomed with financial jargon but the quality assurance and even accuracy may not be a given.

• Contracted financial translation services would be predictable and reliable. You would have an extensive list of terms of agreement or a service level agreement laying out clearly what is expected from both or multiple parties. There is no room for speculation or ambiguity. With freelancers you may struggle to have such a lucid understanding. A company offering a plethora of language translation services has the manpower and the infrastructure to offer you reliable financial translation services.

• One of the distinct and significant advantages of contracted financial translation services is the ability to have a sworn translator. It must be mentioned that a sworn translator takes an oath of secrecy as a professional. The translated text once delivered to the client is no longer within the ambit of the translator’s operations and hence the secrecy of that is beyond its control. However, there is no scope of having leaks or information being shared by the company or the sworn translator actually working on the content. This is almost impossible to have with freelancers or even with software. Even if one manages to have an agreement, enforcing the same becomes almost impossible.

HL TRAD has been in the business of offering financial and legal translation services for 10 years now. It has more than 3,000 translators that work for the company and offices can be found throughout Europe. You can count on HL TRAD for translation of more than 100 different languages.


By: Kirti Vagadia

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Source: http://www.articledirectoryusa.com/article/category/finance/advantages-of-contracted-financial-translation-services/

Submitted On Jun 19, 2017. Viewed 31 times.

You can count on HL TRAD for translation of more than 100 different languages. Visit sworn translator AND financial translation services

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