Luxembourg, 06 March 2020 –Following the opening of its first international branch in Luxembourg, Lingua Custodia is proud to announce it was elected Fintech Solution of the Year during the European Finance Summit in Luxembourg-Kirchberg.
Since 2009, the Luxembourg Finance Awards aims to promote and spread best practices, the emulation between the country’s professionals and recognition of the best solutions provided on the market.
The European Finance Summit, organized by Farvest, hosted the 11th edition of the Luxembourg Finance Awards where Lingua Custodia won the elected Fintech Solution of the Year award. This prize aims to reward a company, for developing a new, creative, innovative, efficient service or product which delivers added value for their customers.
Frédéric Moioli, Global Head of Business Development and Managing Director Luxembourg, said: “Lingua Custodia team is proud to receive this award that validates our constant efforts in Machine Learning Research and Innovation to the benefit of our financial institutions clients. Our online plug and play solution Verto has been designed to specifically solve the challenges faced by the financial industry in terms of translation process speed, cost and quality.”
More about Lingua Custodia
Lingua Custodia was founded by former asset management professionals. The Fintech company builds machine translation engines specifically designed for the financial industry and specialised by type of document/linguistic sub-domain. The aim is twofold: cater to the full spectrum of industry needs and achieve a superior translation quality thanks to highly domain-focused deep learning algorithms. The result: tapping into an estimated market potential of 1 billion euros in Europe alone.
It offers a full range of services, with around 100 specialised engines available in 9 languages: French, English, German, Spanish, Italian, Dutch, Portuguese and more recently, Chinese and Japanese. The company presides over accounts with more than fifty clients, including heavyweights from the French and Global banking industries.
Lingua Custodia – the language custodian in Latin – has been recognised as a Young Innovative Company by the French Ministry of Research, certified by Finance Innovation since 2014 and is one of the founding members of the France Fintech association created in 2015. The company is also a member of the LHoFT (Luxembourg House of Financial Technology) since 2018.
Contact – Frédéric Moioli – email@example.com