UBS has announced a significant expansion of its strategic partnership with Domino Data Lab, a leader in enterprise AI platforms. This collaboration, further reinforced by a fresh equity investment led by UBS and the appointment of a UBS observer to Domino’s board, marks a new chapter in AI-driven transformation within the financial sector.
Building on more than five years of success with RiskLab—UBS’s proprietary environment for AI model development and validation, founded on Domino’s technology—this partnership will extend the reach and impact of AI across the bank’s operations. The Domino platform has enabled secure, collaborative, and auditable AI development tailored to UBS’s risk-based approach, a necessity in today’s highly regulated financial landscape.
With this deepened relationship, UBS aims to streamline AI model development and deployment, accelerating innovation and operational efficiency. By embedding Domino’s flexible and robust platform bank-wide, UBS teams will be equipped to build, test, and scale advanced models swiftly, while ensuring traceability and governance at every step. The initiative demonstrates how financial institutions can safely harness AI’s potential, addressing both regulatory requirements and the rising expectations of customers worldwide.
As AI adoption accelerates throughout financial services, this partnership sets a new standard for responsible, scalable innovation. UBS’s commitment to advancing AI is underscored by its strategic integration of Domino’s solutions, helping the bank remain at the forefront of technological progress while continuing to deliver value for clients, shareholders, and employees. This collaboration is not only transforming UBS but also serves as a blueprint for other institutions eager to safely and effectively deploy AI at scale.
KEY QUOTES:
“At UBS, we’re making bold choices to ensure we’re an AI-enabled institution – leveraging cutting-edge technologies to deliver smarter, faster, and above all, more responsible innovation that benefits our clients, people, and shareholders. Our growing partnership with Domino Data Lab reinforces this commitment, establishing scalable AI and robust model governance as important pillars of our advanced digital strategy.”
Stephan Hug, Head of Group Functions Technology, UBS
“There is a tremendous opportunity for AI to help safeguard financial markets and improve customer experiences. We’re proud to support UBS as they scale AI across their firm — with speed and safety simultaneously.”
Nick Elprin, co-founder and CEO of Domino Data Lab
