I'm not actually sure I do need both. It's just that I currently want to have both Studio 2009 and 2011 working with Multiterm. If, for instance, it is possible to use both Studio 2009 and 2011 with Multiterm 2011, I'll use that.
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The system lets you keep client/vendor database, with contacts and rates, manage projects and assign jobs to vendors, issue invoices, track payments, store and manage project files, generate business reports on turnover profit per client/manager etc.
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SDL MultiTerm 2017 allows translators to create one central location to store and manage multilingual terminology, and with SDL MultiTerm Extract 2017 you can automatically create term lists from your existing documentation to save time.