Proof of Usefulness Report

Confluence

Analysis completed on 2/6/2026

+648
Proof of Usefulness Score
Category Standard

The project is a major, established global fintech company (Confluence Technologies) with 3,000 employees and significant verifiable traction since 1991. However, the submission itself is of low quality, containing inaccurate claims (audience 'everyone', 'most people have used my product') that contradict the specialized B2B nature of the business. The score reflects the massive real-world scale and utility of the entity, penalized slightly for the unprofessional submission data.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+225.0
Audience Reach Impact+136.0
Technical Innovation+84.0
Evidence Of Traction+190.0
Market Timing Relevance+80.0
Functional Completeness+5.0
Subtotal+720
Usefulness Multiplierx0.9
Final Score+648

Project Details

Project URL
Description
Confluence is a global technology solutions provider helping the investment management industry solve complex investment data challenges. Since 1991, Confluence has been building and delivering innovative products for asset owners, asset managers and asset service providers that address a spectrum of performance and analytics, risk, data, regulatory and investor reporting needs. With the 2019 acquisition of StatPro, Confluence offers a broader range of data-driven solutions, delivering a full set of products to the front, middle and back office to reduce risk and increase efficiency. Headquartered in Pittsburgh, PA, Confluence services over 400 clients in 40 countries, with locations across Europe, North America, South Africa, Australia and Asia. For more information, visit www.confluence.com.

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