Case Study
Caldwell Investments
THEIR CHALLENGES
External Vendor Management:
Caldwell's team faced challenges in coordinating with external auditors and legal advisors for translating their regulatory documents into French.
Poor Quality Outcome:
There was a lack of consistency among the documents from various sources, resulting in endless revisions.
High Costs:
Caldwell's previous translation solution lead to increased department costs and negatively impacted their business.
Multiple Delays:
Caldwell struggled to meet project timelines, resulting in missed deadlines and stress across their team.
How We Solved Them
Single Specialized Vendor:
Our team provided Caldwell with a full-service solution for all document translations (MRFPs, financial statements, prospectuses, AIFs, fund facts, and others)
Quality & Consistency:
Our A.I. platform was trained using Caldwell's documents, ensuring that all future translations were consistent and accurate.
Dedicated Project Management:
Our project managers created an agile workflow that better aligned Caldwell's team with both the Alexa Translations team and Caldwell's other external partners.
Cost Visibility:
Improved reporting gave the Caldwell management team peace of mind that their investment was paying off.
BENEFITS
50%
savings for prospectus translation and legal opinion
60%
savings for MRFP/FS translation
- Dedicated resource ensured consistency in language used in all translated documents.
- Regulatory filing deadlines met.
- Improved translation quality, giving “plain language” results to client’s satisfaction.
- Alexa Translations’ agile approach enables rapid response to last-minute changes.
