Globalization means that businesses from fields can attract wider audiences. Therefore, many companies need to handle their business documents, not only in more than one language, but also in more than one legal system. Legal translations offer plenty of solutions, for every business in need.
Here are the niche industries that need and can benefit greatly from certified translation services.
Finance and Banking
This sector has a high demand for translation services, especially as they try to acquire new customers in foreign countries. With the increasing popularity of the global trading environment, the finance sector is constantly in need of translation services to be able to communicate with global customers easily and effectively.
Accurate translation services of financial data are critical towards strengthening relationships and trust with global financial customers. That is why most translation services such as Akeret prefer to offer certified translation services, as they are more likely to be able to provide a precise translation of financial data.
Moreover, in this sector it is very important that all the transactions and deals have clarity, and can meet the expectation of all the banking and financial clients, customers and any other person.
Medicine is an industry where translation and interpretation can be of real help. There are many pharmaceutical companies that have expanded their business internationally and are, hence, in dire need of translation services. Accuracy is of utmost importance here, as this can help healthcare companies provide the right information.
For instance, companies may require doctor manuals, medical records, patient records, leaflets, medical reports, instructions and prescription information to be converted in the language of the country that they want to target, but without accuracy the information can be of no use.
It can get very risky because accurate health data is not only detrimental for the company’s image, but can also have an impact of patient health. Hence, it is highly important in this sector to choose an expert, and well-researched vendor, to do the translation job.
Information and Technology
With the advent of technology this sector is, of course, also growing globally. In fact, there is a large demand for translation services, from companies in this sector on a daily basis. With lots of projects managed globally on a regular basis, there is never ending demand of IT companies requiring technical documents translated into different languages as per the client need.
In such a sector, besides the having knowledge about the language, it is very important the translator is also familiar with all the technical jargon associated with the documents, and that they have the right level of technical translation expertise.
While working in a global environment, there are times when you may need to understand a proposal put forth by a global vendor. In this case, it is important to understand all the details of the proposal, as well as the legal information, accurately.
Due to this, the legal industry has a great need for translation services, and there are many companies that specifically translate legal documents for their customers. Due to only concentrating on legal documents, the translation has higher scope of being more accurate, and will further help you clearly understand the legal matters of the proposal or of other such document.
Tourism and Travel
With more businesses becoming global, as well as high levels of personal travel, it has resulted in this industry flourishing. To further this growth, translation services are playing a vital role by helping provide information to companies such as travel documents, leaflets, brochures, and terms and condition documents in different languages.
This way, travel companies are able to better provide service to their foreign customers and are hence attracting more customers. In fact, using the right translation services has positively impacted the revenue of such companies and also the industry in a big way.
All five of these industries are highly regulated, and businesses need to ensure their official documents comply with all applicable laws and regulations, especially when two languages are involved. Therefore, they turn to professional legal translation services.