SMG Finance

Studio Moretto Group, through its subsidiary Studio Interpreti Milano, rose to the challenge and satisfied the client by putting in place a team of dedicated financial translators, i.e., completely reserved for Allianz requests.

It was also possible to achieve this ambitious result thanks to the great cooperation offered by the client itself, who treated our translators almost like an in-house translation department, checking each of our translations and providing useful feedback that helped us to increase our financial expertise. In this way, each translation became an effective communication tool, with language optimised to be fully understood by the end user.

Fund prospectuses, RFPs and all sorts of asset management and investor relations documents were thus handled on a continuous cycle, demonstrating that collaboration between translation agency and client can pay off when there is expertise and mutual respect.

It is a question of flexibility and responsiveness, which you can only sustain solidly over time if you have an in-house team of translators who are dedicated to the client and are thoroughly trained in financial matters. Since the early 1990s our way of working has been a success, day after day. As a translator may make an typo, which is quite understandable, our workflow always involves the intervention of a second translator who proofreads the translation submitted in order to check every word choice, reference and number. In short, our success is due to teamwork synchronised down to the minute, paced by our project managers and nurtured by SMG Finance’s everlasting passion for doing things well.

In recent decades, human society has experimented and continues to experiment with different ways of organising work. Throughout all of this, Studio Moretto Group has always been able to count on its own model, oriented towards uncompromising robustness and the certainty with which we can meet our clients’ needs under the SMG Finance brand.

Like a cohesive orchestra, the in-house translators in our offices are constantly at the client’s disposal, translating highly specialised financial documents thanks to the in-depth expertise they have gained from years of experience in the financial sector. Subsequently, every single translation is subjected to scrupulous quality control and verification by colleagues.

Coordinated by our project managers, who act as true conductors, our translators also have the invaluable opportunity of maintaining a constant dialogue with the client’s editors and are committed to keeping specific glossaries up to date, which guarantees, among other things, correct and current word choices.

Through the years, working with LGT Bank has also provided us with a way of deepening our expertise in the use of multilingual content management platforms. This demonstrates, once again, the need for a financial translator to combine strong language skills with appropriate IT and editing skills.

The service included the financial translation into English of all documents issued by the Authority, as well as the translation of any other text required for institutional relations with the EU and for external communications. These translations were extremely technical and, in addition to their difficulty, the terminology used also had to be adapted from that used by the client in the past, so as to maintain maximum consistency of expression across communications. The biggest challenge arose in cases where we found that the terminology used in the past was incorrect and our linguists, in collaboration with the Authority’s staff, had to find translation solutions that would keep the texts uniform whilst improving the accuracy of the English texts.

In order to achieve this, as per good practice, SMG Finance employed high-profile senior financial translators, supported by economists who helped proofread the translations, by virtue of their direct practical experience in the field – an example of the extra care and attention that makes SMG Finance’s translations so unique.

SMG Finance met the client’s needs by providing carefully selected specialists with many years of experience in the sector. The availability of dedicated financial translators made it possible to meet the tight deadlines required by the client, with deliveries even within a few hours, and ensured the use of uniform terminology across all translations.

Finally, the use of CAT technologies, which enable you to retrieve identical or similar sentences that have already been translated, generated significant savings for the client of 43%, while maintaining the same translation quality and promptness of deliveries.