Published on 18 May 2021 by Iris Chen
When we translate a financial document, the accuracy of the figures is especially important. No matter how small the figure is, if mistakes are made in key places, the consequences could be so serious that it could mislead international investors and cause huge losses. The company’s reputation will be greatly affected as well. In severe cases, the company will not be able to continue trading on the exchanges, thus delisting.
There are many different expressions of numbers and dates in various languages, and there is a greater gap between English and Chinese. For example, “one hundred thousand” cannot be translated directly into “100個一千”, but “十萬”; “ten million” cannot be directly translated into “10個一百萬”, but “一千萬”; “one hundred billion” cannot be translated directly into “100個十億”, but “一千億”.
In addition, “”to increase 5 times” can be translated into “增加到5倍” or “增加了4倍” while“to decrease 5 times” is usually not translated as “減少了5倍” in Chinese but “減少到1/5” or “減少了4/5”. The Chinese expressions like “了” and “到” can easily cause misleading.
As a result, DeepTranslate has developed a highly efficient feature named “call figures”, which can greatly improve the efficiency and accuracy for proofreading figures. The feature is also very simple to operate. Users just need to upload both Chinese and English documents to the online platform of DeepTranslate with a simple click to start. The algorithm system will run at high speed to find all the figures and quickly conduct the comparison. Under artificial intelligence technology together with deep learning, we have developed a set of very complete and mature proofreading data models.
With the help of artificial intelligence, we help greatly minimise the potential risks of making mistakes by humans and improve the precision and accuracy of financial translation. Should you have any enquiries or would like to apply for a free trial account, please feel free to email us at sales@deeptranslate.hk.