Proof of Usefulness Report

Bank of New York Mellon

Analysis completed on 1/15/2026

+609
Proof of Usefulness Score
Category Standard

The submission describes BNY Mellon, a Global Systemically Important Bank (G-SIB) with undeniable real-world utility and massive scale ($75B+ Market Cap, 50k+ employees). However, the submission quality is exceptionally low, featuring vague colloquialisms ('most people have used my product'), misplaced data, and a lack of technical detail. The score reflects the massive verifiable traction and utility of the entity, significantly penalized by the poor quality of the project submission and lack of evidence for technical innovation.

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Score Breakdown

Real World Utility+237
Audience Reach Impact+120
Technical Innovation+7
Evidence Of Traction+250
Market Timing Relevance+75
Functional Completeness+2
Subtotal+692
Usefulness Multiplierx0.88
Final Score+609

Project Details

Project URL
bnymellon.com
Description
Bank of New York Mellon, commonly known as BNY Mellon, is a global investments company that provides financial services for institutions, corporations, and individual investors. With a history dating back to 1784, BNY Mellon is one of the oldest banking corporations in the United States. The company offers a wide range of services, including asset management, wealth management, and investment services. BNY Mellon operates in over 35 countries, helping clients manage and service their financial assets throughout the investment lifecycle. The company is known for its commitment to innovation, risk management, and delivering comprehensive solutions to meet the evolving needs of its clients.
Audience Reach
everyone
Target Users
everyone
Technologies
Banking, Leadership, Entrepreneurship
Traction Evidence
most people have used my product

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline