Case Study: Candriam improves translation ROI with Acolad Portal

Candriam boosts translation ROI with Acolad, handling 5x more projects and cutting costs 10%

Candriam, a global asset manager with over €500 billion in assets under management, faced complex and inefficient translation processes due to working with multiple localization providers. This outdated approach, managed by a single person, lacked visibility on spending and project KPIs. To address this, Candriam partnered with Acolad to consolidate its entire localization strategy.

Acolad implemented its portal as a central hub for all translation projects, providing technology for project management, KPI monitoring, and online in-country review. This solution led to a dramatic increase in efficiency, with Candriam now handling 5x more projects annually, completing over 100 projects per month in up to 5 languages. The partnership also resulted in a 10% cost saving through translation memory reuse.

Candriam