Proof of Usefulness Report

Northern Trust

Analysis completed on 1/26/2026

+676
Proof of Usefulness Score
Category Standard

Northern Trust is a verifiable, major global financial institution with significant real-world utility and massive scale ($15T+ AUC, 23,300 employees). However, the project submission itself was of low quality, featuring vague technical descriptions ('leadership'), hyperbolic reach claims ('everyone'), and missing revenue data. The score reflects the undeniable verified utility and traction of the entity, heavily penalized by the poor quality of the specific submission evidence.

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+24.00
Audience Reach Impact+14.40
Technical Innovation+3.00
Evidence Of Traction+22.05
Market Timing Relevance+8.00
Functional Completeness+0.50
Subtotal71.95 (scaled to 719.5)
Usefulness Multiplierx0.94
Final Score+676

Project Details

Description
Northern Trust is a leading financial services company that provides asset servicing, fund administration, investment management, and banking solutions to corporations, institutions, affluent families, and individuals worldwide. Founded in 1889 and headquartered in Chicago, Illinois, Northern Trust has built a reputation for its expertise in managing complex financial needs and delivering innovative solutions. The company is known for its strong commitment to client service, advanced technology, and a global presence that spans across North America, Europe, the Middle East, and the Asia-Pacific region. With a focus on safeguarding and growing client assets, Northern Trust continues to be a trusted partner in the financial industry.

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