Cinkciarz Engages in the AI Project

Mar 10, 2016, 10:19 ET from

LONDON, March 10, 2016 /PRNewswire/ --

Five hundred jobs, a modern Research and Development Facility, and an innovative project of building Artificial Intelligence. Cinkciarz just launched a project to bring measurable benefits to everyone interested in foreign currency exchange.

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- It is not the first time that we have created ground-breaking solutions for the currency exchange market. Clients who use our services save up to 9 percent on transaction values. Our goal is to significantly increase this figure - announced Marcin Pioro, CinkciarzCEO.

Artificial Intelligence 

Research on building Artificial Intelligence will concentrate on advanced information technology, enabling financial decisions to be made regarding currency exchange.

- The Artificial Intelligence that is being developed by Cinkciarz will learn everything that is helpful when making beneficial transaction decisions. The solutions for improving the decision-making process can also be found useful in other areas, like military and aircraft - said Marcin Pioro.

The result of this research will introduce new and highly innovative services. - A cutting-edge approach toward currency exchange will be connected with a modern and agile system architecture, based upon microservices - added the Cinkciarz CEO.

Cinkciarz intends to commercialize them in the EU, USA and, in the long term, Asia.

The AI project will be addressed and adjusted to the needs of individual and business clients, traders, banks, and other financial institutions.

The Research and Development Facility 

Cinkciarz also plans on engaging in cooperation with renowned, international science facilities. In 5 years' time, the company's employment will, by all accounts, increase up to 500 people.

The company has plans to launch the Research and Development Facility. The project assumes building a high-end office building with a rich laboratory infrastructure. The company hasn't decided on the location yet.

The business activity of Cinkciarz is being noticed and praised by some of the largest media entities in the world. Cinkciarz is a 7 time winner of the global Bloomberg Rankings for the fourth quarter of 2015. The currency exchange company was named 'Player of the Year' 2016 by Forbes magazine. The CEO of Cinkciarz, Marcin Pioro, was awarded Best Manager 2015 by Bloomberg Businessweek Poland. Moreover, Reuters described the company as dominant in the Polish currency exchange market. The event that gathered the most attention from the media was the signing of the sponsorship contract with the NBA team, the Chicago Bulls.