Advancing risk management together

Find out how ORX can support your organisation

Join a community of over 100 firms who are members of ORX

ORX Membership
Since 2002, we have been an ever-expanding global community, sharing knowledge, expertise and experience. Become an ORX member today for access to global loss data, high-quality research, events and much more...
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If your firm is a member of ORX, or subscribes to one of other services, you can start using our operational risk resources, register for our online platforms and join our communities. Find out how you can get access and make the most of ORX.

Take a look at our premium services

ORX News

Get valuable insights from publicly-reported loss events at your fingertips. Used by over 70 international firms, we collate content on operational risk loss events from various media sources around the globe.

ORX Scenarios

Join a global network of op risk scenario practitioners and get the tools, resources and knowledge needed for effective scenario identification, assessment, quantification and validation practices.

ORX Cyber

ORX Cyber is a new operational risk management service created specifically for cyber and information security risk professionals in the second line of defence. 

Supporting operational risk through industry standards

ORX Reference Control Library

A first of its kind for banks and insurers, the ORX Reference Control Library helps you understand your controls and develop your own library.

Operational Risk Reference Taxonomy

Our award-winning operational risk taxonomy is available for you to download for free to help you manage operational risk.

Operational Risk Reporting Standards

Download our free, industry-recognised reporting standards to help you with operational risk event collection and to support your reporting practices.

Free to download

ORX Cyber: A Guide to Managing Cyber Risk Scenarios

Cyber risk is a crucial part of many financial organisations' operational risk scenario programmes. Download this free guide to find out how firms are managing cyber scenarios and learn more about how to overcome the related challenges.

Progressing towards optimised and active risk management

Operational risk teams are moving towards optimised and active risk management to support financial institutions through a period of digital transformation. Download the free paper from ORX to find out how our members are managing this transition

Insights into Material Risks 2022

Download this free report from ORX Scenarios to learn about the key trends in scenario practice, to see how these compare to the wider operational risk landscape and to understand how scenario portfolios might develop in the future.

Latest news, blogs & research updates

ORX News
Top 5 ORX News Losses: Q2 2023
Lily Richardson
10 May 2023
Each month, the ORX News team publish a list of the five largest losses reported in the previous month. Find out which operational risk loss events have had the most impact recently in the monthly top five losses of Q2 2023 from ORX News.
Latest news
New ORX website coming soon
Esther Britton
9 May 2023
We're replacing the ORX Membership and public websites. Find out more about the new website, launching at the end of June to early July this year.
Latest news
Podcasts: Horizon 2023 report findings, top 5 losses and deep dive into collapse of Credit Suisse & SVB
Marina Vissaridis
27 April 2023
In the latest episodes of the ORX Operational Risk Podcast, we discuss the key findings from the recent Op Risk Horizon 2023 report, and the ORX News team look at the top 5 op risk losses of March 2023 and the collapse of Credit Suisse & SVB.
Top 5 ORX News Losses: Q1 2023
ORX News
Top 5 ORX News Losses: Q1 2023
Lily Richardson
13 April 2023
Each month, the ORX News team publish a list of the five largest losses reported in the previous month. Find out which operational risk loss events have had the most impact recently in the monthly top five losses of Q1 2023 from ORX News.
See more op risk updates

Now available to purchase

Operational Risk Horizon 2023

Part of our risk landscape work, the 2023 Operational Risk Horizon study gives you a comprehensive industry view of emerging risks. Buy the study for a holistic view of the emerging risk landscape and to understand how risks are connected.

Top Risk Review November 2022

The latest Top Risk Review report is now available. The November 2022 report provides a temperature check of operational risk profiles and up-to-date insights into the key drivers of these risks.

Benefits of ORX Membership

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Exchange op risk loss data
Join the only global service for banking and insurance firms to exchange operational risk lose data securely and anonymously. Run reports on the data for analysis, modelling and benchmarking.
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Access insights and resources
Take part in operational risk studies and benchmarks and access our catalogue of over 100 published reports. Members also get free access to resources such as the Reference Control Library and Reference Taxonomy.
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Learn from your peers
Join our global community to learn from other operational risk managers from banks and insurance firms around the world. Take part in working groups and events to share challenges, discuss ideas and work together on solutions
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Enhance risk practice
See how you compare to your peers through our benchmarks, loss data and communities. With ORX Membership you can understand common industry practice and identify areas for improvement at your firm.

Join the ORX community

ORX Membership

Become an ORX member today for access to global loss data, research, events, an expert community and more.

ORX News

Get valuable insights from publicly-reported operational risk loss events at your fingertips.

ORX Scenarios

Access an extensive scenario library, scenario practice benchmark studies, and a global scenario community.

ORX Cyber

ORX Cyber combines data exchange with collaboration and research to provide the 2LOD with vital insights.