 In November 2018, CLS Communication moved over to the Lionbridge name and brand.Besides the firm's core business in writing, editing and translating, it also has a terminology department that helps clients set up their own corporate dictionaries and organise their linguistic assets, and offers a machine translation tool.A niche area in which the firm operates is the European standard Undertakings for Collective Investment in Transferable Securities Directives (UCITS IV), which aims to allow collective investment schemes to operate freely throughout the European Union on the basis of a single authorisation from one member state.