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Josephine Teo visits UBS’s largest AI & Transformation Factory in Singapore

Samantha Chiew
Samantha Chiew • 3 min read
Josephine Teo visits UBS’s largest AI & Transformation Factory in Singapore
Minister Josephine Teo (third from left) with Young Jin Yee, UBS Singapore Country Head and Mike Dargan, UBS Group Chief Operations & Technology Officer viewing demos of the AI solutions developed at the UBS AI & Transformation Factory / Photo: UBS
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Singapore’s Minister for Digital Development and Information Josephine Teo has visited UBS’s AI & Transformation Factory at 9 Penang Road, the bank’s first and largest such site globally, which develops and scales AI solutions across markets.

UBS says Singapore was a “natural choice” for the hub, citing the city state’s role as a strategic regional base and global leader in AI adoption. The facility is purpose-built to accelerate digital transformation through co-located, cross-functional teams.

During the visit, Teo viewed product demos, including a Singapore pilot of UBS’s global multi-agentic system for periodic KYC reviews and source-of-wealth corroboration, aimed at boosting adviser productivity and client-facing time.

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