UBS has strengthened its long-standing collaboration with Domino Data Lab through a new strategic investment aimed at accelerating enterprise artificial intelligence (AI) adoption across the bank.
The deal, which includes equity funding from UBS and a new board observer role for the bank, marks the next phase in a partnership that has already spanned more than five years.
The partnership’s foundation was laid with RiskLab, UBS’s AI model development and validation platform built on Domino’s technology. This system has enabled the bank to develop AI models within a secure, collaborative, and fully auditable environment, aligning with UBS’s risk-focused approach to innovation.
UBS head of group functions technology Stephan Hug said, “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.”
Domino Data Lab co-founder and CEO Nick Elprin said, “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.”
Read the daily FinTech news
Copyright © 2025 FinTech Global
