Lingua Custodia has developed VERTO, a customised machine translation software specialised in the financial domain. It aims to reduce the time spent for in house translation or proofreading by 70%.
It was created in 2011 by two finance professionals, and offers a solution to meet the needs of professionals requiring the translation of financial documents: Investment houses, major custody or investment banks, financial divisions within major corporations, service providers for financial Institutions and Language Service Providers (LSPs).
Having worked in the asset management industry during the 2007-2008 financial crisis, the founders of Lingua Custodia realized that communicating on a crisis mode in many languages when you don’t have enough time to externalise translations to an external agency could be made more efficient if an intelligent tool was developed to help internal teams to spend less time translating themselves urgent brochures and technical documents.
The company was recognized as an innovative start up in 2013 by the French Ministry of research, labelled by the Paris based Finance Innovation cluster in 2014 and is a founding member of the France FinTech association created in 2015.
Lingua Custodia was created by two finance professionals working in the asset management industry.
The company was recognized as an innovative start up in 2013 by the French Ministry of research.
Lingua Custodia lauches its Chinese and Japanese engines for the Asian market.