Reflecting on 2024: A Year of Growth, Achievements, and Innovation at Babel Street

As 2024 draws to a close, it’s the perfect moment to reflect on what has been an exciting and transformative year for Babel Street. With the help of our talented team, we’ve made significant strides across various fronts, from expanding our capabilities to receiving well-deserved industry recognition. We’re proud of everything we’ve accomplished, and we invite you to revisit some key highlights from the year.

Welcoming Vertical Knowledge: A new chapter for Babel Street Data

The beginning of the year was marked by a major milestone as we welcomed the team from Vertical Knowledge. The seamless integration of Babel Street Data into our operations has not only strengthened our team but also opened up new opportunities to bring hard-to-reach data to our customers. One of the exciting outcomes of this partnership has been the introduction of Elite Regional Access, which allows us to offer deeper insights and a more comprehensive range of data services to meet the diverse needs of our clients.

Key highlights from 2024

It’s been a year of growth, innovation, and recognition at Babel Street. Here are a few of the major accomplishments and initiatives that have made 2024 truly special:

New Advisory Board Members

We are thrilled to have welcomed Dr. Barbara Stevens and Steve Goldstein to our Board of Advisors. Their expertise and guidance are invaluable as we continue to evolve and lead in the data analytics industry.

Partner Connect Launch

In line with our commitment to supporting strategic partners, we launched Partner Connect, a comprehensive online portal designed to empower and streamline collaboration with our partners. This tool is already proving to be a game-changer in fostering deeper relationships and more effective partnerships.

Awards and Recognitions

We are incredibly proud of the recognition we received this year:

• National Award for Workplace Culture Excellence: Babel Street was honored with a prestigious national award celebrating our outstanding workplace culture.
• Regulation Asia Awards: We were named ‘One to Watch’ for Best PEPs and Sanctions Screening in the 2024 Regulation Asia Awards for Excellence, a testament to our innovation and leadership in compliance solutions.
• DataTech 50 by FinTech Global: Out of over 400 companies, Babel Street was selected as one of the DataTech 50, a list highlighting the most innovative and forward-thinking data technology companies worldwide.

SOC 2® Type 2 Assessment

We completed the rigorous SOC 2® Type 2 Assessment of our Information Security Practices for Babel Street Insights, reaffirming our commitment to data security and privacy.

New Product Offerings

Our solutions became available in two significant platforms this year—Carahsoft GSA Schedule Contract and Amazon OpenSearch Service—further expanding our reach and enabling us to provide more accessible and scalable solutions to a broader audience.

A lighthearted look at the holidays: Checking the naughty and nice lists

As we wrap up the year, it’s always fun to take a moment and reflect on how our solutions are used in unexpected ways. This year, Babel Street’s data-driven insights helped ensure that the naughty and nice lists were checked twice, not just once. With our powerful tools and precise data, we helped businesses and organizations perform important work with speed and accuracy, ensuring that the holiday season is a smooth and festive experience for all.

Looking ahead to 2025

As we look ahead to 2025, we’re excited to continue supporting our customers, partners and prospects, and helping these organizations achieve critical objectives and missions. Whether you’re focused on compliance, risk management, or data-driven decision-making, Babel Street is here to support you every step of the way. Please don’t hesitate to reach out if we can assist you in achieving your goals for the upcoming year.

Warm wishes for the holiday season

On behalf of everyone here at Babel Street, we want to extend our heartfelt thanks for your continued support throughout 2024. We wish you a safe, happy, and peaceful holiday season, and we look forward to another year of innovation, collaboration, and success.

Here’s to a bright and prosperous 2025!