Managing risk together

ORX helps the global financial services industry measure and manage operational risk. We research, improve understanding and share knowledge to benefit our Members and the wider sector.
Find out more about us

What we do

Research

Research into operational risk management and measurement is a core part of what we do. We carry out research projects each year on a number of important themes.

ORX Loss Data

We are the only global loss sharing service for the banking and insurance sectors, providing a platform for the anonymised and secure exchange of high-quality data.

ORX News

We've just launched the new ORX News website. Find out more about the new site and the benefits of subscribing to ORX News – a leading provider of publicly reported operational risk loss data.

Standards

ORX is leading the way in setting reporting standards for operational risk. Our standards for banking and insurance are both publicly available.

ORX Scenarios

This programme gives its Subscribers data, tools and standards to help them identify, assess and validate scenarios.

ORX Forums

Each year, we run a growing number of events aimed at bringing individuals together, and enabling them to collaborate and share ideas.

Featured

Operational risk appetite
Operational risk appetite
This new project will examine the level of maturity of operational risk across the industry.
Operational Risk Horizon
Operational Risk Horizon
The Operational Risk Horizon offers two key benefits – the ability to benchmark your top current risks and to identify emerging risk trends.

Benefits of ORX Membership

ORX benefits
A global network
Join a growing community of over 2,000 operational risk experts from over 90 institutions from around the world. This vibrant and collaborative group shares experience, expertise and insights into the issues that confront all risk managers.
ORX benefits
Pioneering research
We can leverage our Membership, data and industry reputation to tackle a range of research projects that no other organisation can. Our desire to deliver valuable insights into operational risk is matched by our Members' desire to see progress.
ORX benefits
Benchmark yourself
Do you want to know how good (or bad) you are? Being able to compare yourself to the over 95 members is very useful, but being able to compare yourself directly to your specified peers is potentially a game changer.
ORX benefits
Shape the future
With our unique dataset, unparalleled Membership, pioneering research programme and regulatory contacts, ORX is helping to shape the way operational risk is being managed across the financial services industry.

Interested in joining ORX?

If you think your firm could benefit from becoming part of ORX's global Membership why not find out more about how to join?

How to join ORX
New ORX News site
Latest news
The new ORX News website is here
Esther Britton
11 July 2017
We are pleased to announce the launch of the new ORX News website. Find out more about the new features and functionality.
Information
ORX News is changing
John Bosnell
21 June 2017
ORX News is launching a new website offering improved data and expanded analysis. With the new search you'll be able to filter by industry sector, industry loss event and Basel event type. Find out more.
Industry news
ORX News digest of the month 2017
Oliver Simao
11 August 2017
The ORX News featured digest is handpicked by the ORX News team. It's a detailed look at one of the most interesting losses reported in the media that month.
Industry news
Monthly Top 5 ORX News Losses 2017
Oliver Simao
11 August 2017
The ORX News Top 5 losses records the biggest operational risk events in the financial services industry every month.
See all our news and blogs

Upcoming events

19 SEP 17 20 SEP 17
Event
North American HORF 2017
New York
This is our second, annual, invitation-only event for Heads of Operational Risk from our North American Member firms. It's open to both our banking and insurance Members, and will be held in New York on 19 and 20 September 2017.
17 OCT 17 18 OCT 17
Event
European HORF 2017
Amsterdam
This is our second, annual, invitation-only event for Heads of Operational Risk from our European Member firms. It's open to both our banking and insurance Members, and will be held in Amsterdam on 17 and 18 October 2017.
31 OCT 17
Event
Australian HORF 2017
Melbourne
This is our second, annual, invitation-only event for Heads of Operational Risk from our Australian Member firms. It's open to both our banking and insurance Members, and will be held in Melbourne on 31 October 2017. 
02 NOV 17
Asian HORF 2017
Singapore
This is our second, annual, invitation-only event for Heads of Operational Risk from our Asia Member firms. It's open to both our banking and insurance Members, and will be held in Singapore on 2 November 2017.