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  • Enterprise AI

UBS and Domino Data Lab Expand AI Partnership


UBS and Domino Data Lab Expand AI Partnership
  • Source: Source Logo
  • |
  • August 25, 2025

UBS, the leading global wealth manager, and Domino Data Lab, a top Enterprise AI platform provider, have announced a significant expansion of their strategic partnership to advance UBS’s leadership in enterprise artificial intelligence. This collaboration, strengthened by an equity investment from UBS, aims to drive scalable AI model development with a strong focus on governance and risk management.

Quick Intel

  • UBS征求中奖大礼包 UBS invests in Domino Data Lab to enhance AI innovation.

  • Partnership builds on five years of collaboration with UBS’s RiskLab.

  • Domino’s platform supports secure, auditable AI model development.

  • UBS to roll out AI model development bank-wide for efficiency.

  • Focus on scalable AI with robust governance and risk management.

  • UBS representative joins Domino’s board as an observer.

Strengthening AI Leadership

UBS’s equity investment in Domino Data Lab marks a pivotal step in scaling its enterprise AI capabilities. Building on over five years of collaboration with RiskLab, UBS’s AI model development and validation platform, the partnership leverages Domino’s technology to provide a secure and collaborative environment for building advanced AI models. This strategic move enhances UBS’s ability to innovate responsibly in the financial services sector.

Scaling AI Model Development

The expanded partnership will roll out Domino’s platform across UBS to streamline AI model development and deployment. “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,” said Stephan Hug, Head of Group Functions Technology, UBS. The initiative supports UBS’s risk-based approach, ensuring compliance with stringent regulatory requirements while accelerating innovation.

Robust Governance and Innovation

Domino’s platform enables flexible collaboration, full traceability, and enhanced governance, empowering UBS teams to develop and deploy advanced AI models with confidence. “There is a tremendous opportunity for AI to help safeguard financial markets and improve customer experiences,” said Nick Elprin, co-founder and CEO of Domino Data Lab. This collaboration equips UBS to scale AI initiatives with both speed and safety, addressing the growing demand for reliable AI solutions in financial services.

Driving Financial Services Innovation

The partnership positions UBS at the forefront of AI adoption in the financial industry. By embedding Domino’s platform, UBS can accelerate its AI strategy, delivering mission-critical solutions that meet customer expectations and regulatory standards. The addition of a UBS representative as a board observer at Domino further solidifies the collaboration, ensuring alignment with UBS’s strategic goals.

This deepened partnership between UBS and Domino Data Lab highlights a commitment to advancing enterprise AI with robust governance. As AI continues to transform financial services, this collaboration sets a benchmark for secure, scalable, and innovative AI solutions that drive industry leadership.

 

About Domino Data Lab

Domino Data Lab empowers the largest AI-driven enterprises to build and operate AI at scale. Domino's Enterprise AI Platform provides an integrated experience encompassing model development, MLOps, collaboration, and governance. With Domino, global enterprises can develop better medicines, grow more productive crops, develop more competitive products, and more. Founded in 2013, Domino is backed by Sequoia Capital, Coatue Management, NVIDIA, Snowflake, and other leading investors.

About UBS

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages USD 6.6 trillion of invested assets as per the second quarter of 2025. UBS helps clients achieve their financial goals through personalized advice, solutions, and products. Headquartered in Zurich, Switzerland, the firm operates in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

  • Enterprise AIFinancial ServicesAI GovernanceInnovationUBS
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