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.

Standards

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

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

ORX News is an industry-leading provider of publicly reported operational risk loss data from around the globe. 

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

ORX research magnifying glass
Hitting the headlines
Using data from the ORX News database, this report analyses the frequency and severity of losses in the financial services industry across 2014 and 2015.
ORX research magnifying glass
Beyond the headlines
Read the new freely available report on data from the ORX Global Banking database

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
Paris
Latest news
Insurance Forum to discuss key operational risk topics
Esther Britton
23 February 2017
Next week’s Insurance Forum will discuss some key operational risk topics, including the future for operational risk, operational risk best practices and emerging risks.
Industry news
Monthly Top 5 ORX News Losses 2017
Oliver Simao
13 February 2017
The ORX News Top 5 losses records the biggest operational risk events in the financial services industry every month.
Industry news
ORX News digest of the month 2017
Oliver Simao
22 February 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.
New website
Latest news
New year, new websites
Esther Britton
12 December 2016
Today ORX re-launched its two websites – a private site for our Members and Subscribers, and a public-facing site.
See all our news and blogs

Upcoming events

05 APR 17 07 APR 17
Event
HORF 2017
Cape Town
The Heads of Operational Risk Forum is our flagship invitation-only event for the Heads of Operational Risk at ORX Member firms.
01 MAR 17 03 MAR 17
Event
Insurance Forum 2017
Paris
The Insurance Forum is an invitation-only event for insurance companies. It's an opportunity to meet peers and share experience and knowledge.