Proof of Usefulness Report

BXS

Analysis completed on 1/24/2026

+232
Proof of Usefulness Score
Gaining Momentum

BXS (Best Execution Solutions) is a verified, established RegTech firm founded in 2015, specializing in compliance and analytics for the financial sector (Rule 605/606 reporting). While the business itself has high real-world utility and a decade of traction, the submission quality is exceptionally poor, containing false claims ('audience reach: everyone', 'most people have used my product') and confusing metrics ('all time marketcap: 2500000'). External search confirms the company's legitimacy, 30+ person team, and industry standing, warranting a score reflecting a viable business penalized for a low-integrity submission.

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Score Breakdown

Real World Utility+106.25
Audience Reach Impact+20.00
Technical Innovation+45.00
Evidence Of Traction+46.88
Market Timing Relevance+35.00
Functional Completeness+2.50
Subtotal+255.63
Usefulness Multiplierx0.91
Final Score+233

Project Details

Project URL
bxstech.com
Description
BXS is a trade data analytics firm that builds cutting-edge technology to deliver high-performance compliance solutions and powerful market insights to broker-dealers, buy-side firms and market centers. BXS focuses on providing Best Execution tools, regulatory reporting, trading analytics and surveillance software across a range of asset classes, which enable market participants to meet a variety of reporting obligations while also unlocking competitive advantages. Founded in 2015 by the team that helped shape the modern regulatory reporting landscape and built on a robust modular platform, BXS combines made-to-measure solutions with exceptional client service, enabling a streamlined, highly intuitive process that minimizes cost.

Algorithm Insights

Market Position
Growing utility with room for optimization
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