INX aspires to be the world’s leading and diversified international stock exchange. We knew we could trust Ulatus in our mission to communicate the message globally given our pleasant experience working with them in the past. As expected, they delivered excellent quality! Their proactive communication and ability to meet tight deadlines helped us complete necessary preparations before the inauguration by our PM on time. It is always a pleasure to work with Ulatus!
India INX, the country’s first international stock exchange, was launched and inaugurated by Prime Minister Narendra Modi on January 9, 2017. With cross-border investment opportunities, India INX aims to stay on top of trading activities with an astonishing median trade speed of 4 micro-seconds as well as ensure 22 hours of operation time. With the vision to Emerge as the premier Indian stock exchange with best-in-class global practice in technology, products innovation and customer service, India INX will act as a gateway to raise capital for India’s infrastructure and development needs and allow international investors and Non-Resident Indians to trade from anywhere across the globe. Naturally, it was a matter of immense prestige for Ulatus to be associated with this project.
India INX is a wholly owned subsidiary of the Bombay Stock Exchange (BSE Ltd.), a longstanding client of Ulatus. As the translation partner, Ulatus was required to translate the white paper on India INX from English into seven international languages: Japanese, French, German, Traditional Chinese, Simplified Chinese, Arabic, and Korean. However, the challenge was to provide end-to-end language solutions in a matter of two days. In accordance with their attempt to constantly improve turnaround time along with ensuring premier quality, Ulatus took on this challenge and delivered.
India INX offers advanced technological platforms and aims to reach more potential foreign portfolio investors by eradicating language barriers. BSE wanted to emphasize the economic and strategic importance of this launch as well as the importance of the vision of the International Financial Service Centre (IFSC) in this aspect. Thus, reliable and accurate translation was paramount for the key initiative to provide foreign investors with a one-stop resource for accessing the Indian Capital Market.
Few things are as satisfying as a job well done. Thus, we harnessed our best resources—effective project management, capable linguists, and the ability to carefully and faithfully understand and adhere to client specifications—and met the challenging deadline. Prompt and open client communication during the entire process ensured that quality translation was delivered on time. When our clients are delighted, we are delighted!
Establishing a firm footing in the international trading markets can be daunting and we sincerely hope BSE and India INX will be successful in securing a lucrative share of the $48 billion of trade from Singapore, Hong Kong, and Dubai. As demonstrated in this project, we shall strive to assist BSE and India INX by meeting all their language services needs in the best possible manner.