UBS and Domino Data Lab deepen AI partnership

August 22, 2025 • FinTech News

UBS has significantly expanded its collaboration with Domino Data Lab through a new strategic investment. This move aims to accelerate artificial intelligence adoption across the bank’s global operations. The investment strengthens a five-year partnership that began with developing RiskLab, UBS’s AI model development platform built on Domino’s infrastructure.

Enhanced Strategic Alignment and Governance

The new agreement includes an equity investment from UBS and provides the bank with a board observer position. This arrangement signals deeper strategic alignment between the two organizations. RiskLab has enabled UBS to design AI models within a secure, auditable environment. Furthermore, this framework ensures innovation proceeds alongside strong governance and comprehensive risk management protocols.

Leadership Vision for AI Transformation

Stephan Hug, UBS Head of Group Functions Technology, emphasized the bank’s commitment to becoming an “AI-enabled institution.” He noted that scalable AI and robust governance are becoming central pillars of the bank’s digital strategy. Consequently, UBS aims to employ AI not only for operational efficiency but also to deliver faster, smarter services for clients, employees, and shareholders.

Validating Enterprise AI Leadership

For Domino Data Lab, this partnership confirms its position as a leader in enterprise AI platforms. CEO Nick Elprin highlighted AI’s potential to protect financial markets while simultaneously improving customer experiences. By combining Domino’s AI management capabilities with UBS’s global reach, the collaboration establishes new benchmarks for responsible AI adoption in financial services.

Industry Trends and Broader Implications

This deepened partnership reflects a growing banking sector trend where major institutions partner with specialized AI providers. These collaborations enable scalable innovation while maintaining security and regulatory compliance. Moreover, they demonstrate how financial organizations can balance technological advancement with necessary oversight and control mechanisms.

Implementation Strategy and Future Outlook

UBS plans to implement Domino’s technology across additional business units throughout the coming year. The bank will focus particularly on risk management, customer service, and operational efficiency applications. Additionally, UBS intends to develop new AI-powered products that leverage Domino’s scalable platform infrastructure. This expansion will likely influence how other financial institutions approach their own AI transformation journeys.

Risk Management and Compliance Integration

A key aspect of the partnership involves integrating AI innovation with existing compliance frameworks. The collaboration ensures all AI models undergo thorough testing and validation before deployment. This approach addresses regulatory concerns while enabling technological progress. Ultimately, it creates a model for other financial institutions seeking to implement AI responsibly.