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Global Financial Partners Meet Their Deadlines with Tomedes

See how Tomedes provided certified Hebrew translations for financial documents, ensuring accuracy, regulatory compliance, and stakeholder trust. Precision guaranteed!

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Global Financial Partners Meet Their Deadlines with Tomedes

November 19, 2024

Our Client

Company Name: Global Financial Partners (Pseudonym)

About the Company: 

Global Financial Partners is a multinational financial advisory firm specializing in wealth management, financial planning, and investments for high-net-worth individuals and corporate clients.

Deadline Set by the Client: 3-5 days

Client’s Needs: 

The company required accurate and certified Hebrew translations for financial documents, such as audit reports, compliance statements, and investment portfolios. These translations were crucial for clear and effective communication with Israeli stakeholders. The primary goal was to ensure that the translated documents adhered to all regulatory standards, preserved critical financial details, and maintained cultural nuances, enabling the company to meet its professional and compliance requirements seamlessly. 

The challenges

The translation project for customers presented several unique challenges that required Tomedes’ expertise to overcome. Below are the key challenges that were addressed:

First, the financial industry relies on precise terminology, requiring expertise in both finance and translation. Terms like "derivatives" and "hedging" demand accurate Hebrew translation solutions to prevent misunderstandings. This ensures the content reflects the original meaning and resonates with Israeli stakeholders, avoiding financial or legal risks.

Secondly, in finance, timely delivery is crucial to avoid missed opportunities or legal issues. Global Financial Partners needed fast, accurate translations for key documents ahead of an investor meeting, where these materials would play a vital role.

Thirdly, financial documents, like statements and audit findings, contain sensitive data requiring strict confidentiality. Ensuring security was critical, with stringent protocols in place to prevent unauthorized access and protect client information.

Why Tomedes?

Tomedes is a globally trusted translation company that offers industry-specific language and translation solutions in Hebrew, English, and other 150 languages. Tomedes assigns expert Hebrew translators with financial expertise to ensure accurate and precise translations. Supported by a project manager, the team maintained clear communication with the client, promptly addressing terminology, concepts, and formatting to meet expectations.

We deliver accurate translations on time using efficient workflows, translation memory tools, and a dedicated project manager. Strict data security protocols, secure file transfers, and NDAs safeguarded sensitive financial information, ensuring confidentiality and compliance throughout the project. This approach ensured high-quality results while meeting the client’s tight schedule.

The solution

To address the challenges outlined above, Tomedes implemented a comprehensive and tailored solution that ensured the success of the project. Our approach included the following key components:

Firstly, Tomedes assigned expert Hebrew translators with financial expertise to ensure precise and accurate translations. A dedicated project manager facilitated clear communication, promptly addressing questions about terminology, financial concepts, and formatting, ensuring the client's expectations were met.

Secondly, Tomedes ensured flawless financial translations through a rigorous three-step QA process: translation, review by a finance expert linguist, and final proofreading. Native Hebrew-speaking finance experts ensured accuracy, consistency, and cultural relevance, delivering translations perfectly suited for the target audience in Israel.

Finally, Tomedes used CAT tools like translation memory and glossaries to manage repetitive financial terms efficiently. These tools ensured consistency, reduced project time, and minimized terminology discrepancies. Collaborating with the client, we tailored finance-specific glossaries to meet their preferred standards, delivering accurate and cohesive translations.

The result

Global Financial Partners received accurate, certified Hebrew translations that preserved the original content’s nuances and met Israeli financial regulations. The translations were delivered two days ahead of the deadline, providing ample time for the client to review and prepare for their investor meeting. This ensured the documents were clear, compliant, and ready for use with Israeli stakeholders without any complications.

The client expressed their satisfaction with the quality, accuracy, and timeliness of our services. They praised the professionalism of our team and the secure handling of sensitive financial data. This successful project fostered trust, and our client looks forward to future collaborations with Tomedes for their multilingual translation needs.

Conclusion

Translation accuracy, timeliness, and confidentiality are critical. For companies like Global Financial Partners, the ability to communicate effectively with stakeholders in different languages is essential to their success. Tomedes provides the expertise needed to achieve this—ensuring that financial documents are translated accurately, delivered on time, and remain secure throughout the process.

Our specialized translators, efficient workflows, and commitment to data security make us the ideal partner for financial translation needs. By choosing Tomedes, financial institutions can rest assured that their Hebrew translations will meet industry standards, comply with local regulations, and maintain clarity across languages and cultures. Ready to take your financial communications to the next level? Get in touch with us today to get started!

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