TransPerfect developed and executed an enterprise language strategy and governance program for Bank of America. TransPerfect partnered with Bank of America with a focus on significantly reducing risk, capturing spend, and delivering economies of scale for the bank. Over the course of the first year, TransPerfect and Bank of America were able to reduce their existing, decentralized vendor pool from 250+ suppliers to a 1:1 model. We enabled an enterprise rollout of secure, on demand AI/MT solutions through our GlobalLink technology. Bank of America leverages the GlobalLink platform to enable and empower sensitive business units to onboard more customers faster, improve due diligence, reduce translation costs, and underwrite more loans in more than 20+ languages (including French Canadian) monthly.
TransPerfect is a trusted partner in highly regulated industries, offering a scalable and consultative approach that leverages deep experience in centralization, AI implementation, and advanced technology. By consistently leading with digital innovation, TransPerfect ensures that our clients receive cutting-edge solutions tailored to their specific needs.
Global Top 5 Payments Player
A universal financial institution used TransPerfect’s secure AI technology to leverage existing translations assets while learning and improving over time to better service their employee’s need for instantaneous translations. TransPerfect rolled out an enterprise-wide program to 39,800 users globally to access trained machine translations on demand in over 69 language pairs (including French Canadian), averaging 30 million words processed monthly through GLNOW. Our client was able to reduce their translation costs by 99% vs the traditional human translation method.
Global Financial Institution
A universal financial institution used TransPerfect’s secure AI technology to leverage existing translations assets while learning and improving over time to better service their employee’s need for instantaneous translations. TransPerfect rolled out an enterprise-wide program to 39,800 users globally to access trained machine translations on demand in over 69 language pairs (including French Canadian), averaging 30 million words processed monthly through GLNOW. Our client was able to reduce their translation costs by 99% vs the traditional human translation method.
Top 50 Largest Company in the World
One of our clients managed their translation needs with an in-house team and sent out more complex translations to external vendors. They came to TransPerfect to reduce manual efforts and streamline their translations through technology. TransPerfect proposed a Managed Services Program (MSP) that centralized the organization’s translation needs. Under the Managed Services Program structure, TransPerfect functions as an organization’s translation project management team. All approved translation services suppliers work and collaborate in a common technology platform (GlobalLink product suite) that improves efficiency, reporting, and process governance. Over time, accumulated translation memory (managed via GlobalLink) reduces the costs and time required to translate content while increasing translation quality and improving consistency in brand voice.
Top Payment Card Holder
In 2012, Visa came to TransPerfect in Canada to handle all of their French-Canadian work. In 2015, through the successful partnership they decided to globally use TransPerfect for all of their language needs into over 50+ languages. For website translations for Visa.com they implemented our connector for Adobe Experience Manager (AEM) to streamline all translations, and go to market faster. Since then, we have worked in tandem to bring them to the forefront of the localization industry through leading workflows via system connectors, AI translations, and work to help increase their digital marketing initiatives through help with their search engine optimization, pay per click, etc in global markets. This partnership has led to 44% savings in translation spend, and they have been able to go to market via web 35% faster.
Top 50 Retail Bank
Bank of America
Visa
Global Financial Institution
AIG
Global Digital Bank
Guaranteed Rate
Fortune 500 Company