UBS Invests in Domino Data Lab to Enhance Enterprise AI Innovation and Governance

UBS has invested in Domino Data Lab, deepening their strategic partnership to drive enterprise AI innovation. The partnership aims to help identify and grow scalable AI models with robust governance and risk management at its core. UBS will roll out Domino's platform across the bank to streamline AI model development and deployment, driving efficiency and innovation.

UBS, the leading global wealth manager and bank in Switzerland, has deepened its strategic partnership with Domino Data Lab by investing in the company. This move aims to bolster UBS's enterprise AI capabilities and drive innovation across the financial services sector [1]. The partnership will focus on identifying and growing scalable AI models with robust governance and risk management at their core.

The investment will facilitate the rollout of Domino's Enterprise AI platform across UBS, enhancing the bank's AI model development and deployment processes. This strategic move is expected to streamline operations, improve efficiency, and accelerate UBS's broader AI strategy [1].

Domino Data Lab's platform provides an integrated experience encompassing model development, MLOps, collaboration, and governance, empowering UBS teams to build and deploy advanced models faster and with greater confidence [1]. The platform also supports UBS's risk-based approach to AI model development, ensuring compliance with regulatory requirements.

UBS's investment in Domino Data Lab underscores the bank's commitment to leveraging cutting-edge technologies to deliver smarter, faster, and more responsible innovation that benefits clients, people, and shareholders [1]. The partnership reflects UBS's broader strategy to embed a risk-based approach to model development, ensuring that AI-driven solutions are readily available to meet business needs.

References:
[1] https://www.prnewswire.com/news-releases/ubs-invests-in-domino-data-lab-deepening-strategic-partnership-to-drive-next-wave-of-enterprise-ai-innovation-302534775.html