UBS Expands Partnership with Domino Data Lab to Enhance Enterprise AI Capabilities

UBS and Domino Data Lab: Pioneering AI Governance Together

On August 21, 2025, Domino Data Lab, the leader in Enterprise AI platforms, announced an important enhancement to its partnership with UBS, a global wealth management giant based in Switzerland. This strategic expansion revolves around integrating more robust AI capabilities within UBS, reinforcing the bank's commitment to innovative solutions in financial services.

A Strong Foundation Built on Collaboration

The collaboration gains traction after over five years of successful joint efforts, particularly through RiskLab—UBS's platform designed for developing and validating AI models. This infrastructure, constructed on Domino's technology, has already laid the groundwork for a secure and auditable environment, which is crucial for responsible AI operations. The ongoing partnership symbolizes UBS's intent to lead the way in utilizing AI within the banking sector, ensuring regulatory compliance is embedded throughout the model development process.

Investment and Leadership Integration

As part of this expanded relationship, UBS will make a significant equity investment in Domino Data Lab. This investment not only showcases their commitment but also facilitates enhanced governance of AI models within the banking environment. A UBS representative will join the Domino Data Lab Board, bridging the two organizations further and ensuring that their strategic goals align.

Enhancing the AI Ecosystem at UBS

The recent developments will extend across UBS's operations, enhancing efficiency and innovation in AI model development and deployment. By embedding a risk-based approach in AI initiatives, UBS aims to ensure that their AI solutions can swiftly adapt to changing business needs while maintaining a focus on security and governance. "Our commitment at UBS is to become an AI-enabled institution, where technologies work for our clients, employees, and shareholders," stated Stephan Hug, Head of Group Functions Technology at UBS.

The Role of Domino's Platform

Domino Data Lab's innovative platform is increasingly vital as financial institutions seek to optimize their AI strategies. The platform allows for greater collaboration among teams, ensures transparency through full traceability of models, and establishes essential governance frameworks. Nick Elprin, co-founder and CEO of Domino Data Lab, emphasized the importance of these developments, stating, "The opportunities AI provides to elevate financial markets and enhance customer interactions are immense. Our support empowers UBS to implement AI solutions that are both safe and efficient."

Future Growth and Industry Impact

The collaboration between UBS and Domino Data Lab illustrates how major financial players can harness advanced AI technologies to respond to the evolving landscape of customer demands and regulatory requirements. As AI adoption grows across financial services, this partnership epitomizes safe, scalable solutions that drive innovation while meeting the industry's complex demands. The partnership positions UBS ahead of the curve in making AI accessible and beneficial for a wide range of applications within the financial landscape.

Conclusion

Through its deepening partnership with Domino Data Lab, UBS is taking significant steps in ensuring that AI becomes central to its operations. The strategic investment and leadership integration testify to UBS’s vision of responsible innovation that meets the future needs of the financial industry. As AI continues to transform the landscape, collaborations like this are essential in steering the sector toward safer and more sophisticated technological practices.