While some of the content for retail banking targets savvy money experts, such as government regulators and branch managers, much of it is directed toward consumers with scant knowledge of the industry. Translating for this sector must meet the myriad of regulations imposed on this industry while instilling confidence, maintaining convenience, and personalizing information for the audience. Content includes websites, marketing brochures, TV commercials, loan applications, and checking account disclosures.

Localization becomes more important than the conversion of text from one language to the other. This process changes graphics, examples, money systems, and other information to meet the cultural norms and expectations of the target audience. For example, a US marketing campaign based on saving dollars for a Halloween party can be localized to Mexico as saving pesos for a Día de Muertos (Day of the Dead) celebration.

At the opposite end of the technical spectrum for translators are investment banking and asset management. This sector requires a solid technical background because the audience consists of sophisticated and experienced institutional investors, asset managers, and securities brokers. Typical content includes equity research reports, pitch books, financial models, balance sheets, and regulatory documents.

Accuracy, detailed information, and confidentiality are the keys to serving this sector. For example, something as simple as misplaced punctuation can produce confusion in values.

- In the US, the decimal point in 2.500 indicates two and a half, while the comma in 2,500 shows two thousand and five hundred.

- In Germany, the decimal point in 2.500 means two thousand and five hundred and the comma in 2,500 is two and a half.

Bringing Andovar in during the planning process enables us to set up a mutually beneficial working environment before you write the first line of code.

- Translators become part of your process instead of being an annoying distraction. They then gain knowledge about your product as work proceeds. They can, for example, learn what words need to remain untranslated because the source language becomes more meaningful.

- Developers become part of the localization team. As they gain insight into the translation process, they can offer important feedback. For example, they can discover inconsistencies in the translated content.

Insurance translation covers a wide range of industries and audiences from manufacturers wanting to protect the products being shipped across the sea to families looking for enough health coverage for all their members. This industry uses many complex and extensive terms that, if not translated correctly, can produce liability issues. Content includes insurance policies, quote sheets, risk assessments, proposal forms, accident reports, and certificates of insurance.

Translation teams must not only understand the communication needs of a specific audience, such as consumers or company owners, but the sectors they are involved in, such as manufacturing or health. Such expertise, along with translation experience, is hard to come by in one individual. Andovar approaches the challenge by assigning two or more professionals, each with the required background.

Financial technology, more commonly known as Fintech, describes technology that automates and improves financial services and any businesses involved in that technology. The term can cover financial spreadsheets created on websites, check deposits on smartphones, money transfers between financial institutions, and accounting databases that track the income and expenditures of a multi-national company.

Translations for this sector must be precise, consistent, and scalable: an app meant for use by one person on a smartphone often expands to include multiple individuals or large companies. Security is also critical because money is at stake. Financial technology is also heavily regulated, which makes compliance a necessary part of any translation.

The stakes for mergers and acquisitions are high and can involve hundreds of millions of dollars in value and thousands of stakeholders that include employees and investors. Offices and operations across many borders may be consolidated. All parties need constant communication in their native languages to ensure that the process completes successfully. Required documents include letters of intent, legal proceedings, accounting treatments, asset purchase agreements, disclosure schedules, bills of sale, and HSR filings for antitrust disclosures

Andovar’s team of legal, financial, and government specialists can ensure that all the parties involved receive the appropriate documents and disclosures in their native languages. They will also verify that the translations meet the standards and laws of any governing bodies with jurisdiction over the merger.