Blog Articles

Global cooperation plays a crucial role in stimulating economic development. Within the finance and insurance sectors, multilingual meetings and events play a vital role. These events serve as a crucial platform for negotiations, boosting productivity, and nurturing partnerships among industry stakeholders.

As global events unfold, language accuracy is vital for accommodating a diverse range of stakeholders, including co-workers, customers, investors, and institutions. At the same time, failure to understand technical and financial terms creates a meeting experience that is as frustrating for the speaker as it is for the participants. Even worse, translation issues can lead to miscommunication, potentially stalling agreements or even breaking them. Within such a delicate industry, this can have severe implications. Especially as multilingual communication is essential for ensuring team collaboration as well as facilitating effective communication between investors and customers across different countries.

In this article, we briefly unpack the challenges and benefits of hosting multilingual events before exploring steps that finance and insurance companies can take to source the right language interpretation solution. One that leads to successful, stress-free, and accurate multilingual events. 

When holding meetings with partners, customers, suppliers, or peers across multiple countries, language can often pose a big barrier to successful communication.

The events industry is in uncharted territory. With many conferences having to pivot to the virtual environment in the wake of the COVID-19 pandemic, what does the future hold for international conferences, and how will the global events industry — worth $1.5 trillion* — recover?