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 recently 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

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Operational Risk Horizon
This report explores the top operational and emerging risks, categorising them into two top five lists.
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The future of operational risk
We aimed to identify the strategic challenges that financial firms must address if they are to manage operational risk more effectively.

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 firms 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
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Latest news
Take part in our CCAR benchmark 2018 study
Marina Vissaridis
16 July 2018
Following the success of the CCAR benchmark 2017, we are kicking off this year's benchmark study.
Latest news
Changing ORX: The way forward
Marina Vissaridis
2 July 2018
Our 2018 annual report – Changing ORX: The way forward – shows how our new strategy will support our membership as the world of operational risk changes.
Industry news
Monthly Top 5 ORX News Losses – June 2018
Margo Kane
10 July 2018
Find out the five largest operational risk loss events recorded by the ORX News team in June.
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Industry news
Blockchain and operational risk: opportunities and challenges
Andréia Stephenson
13 July 2018
What might Blockchain mean for financial services, and operational risk in particular? A member of the ORX News team went to a summit in June to find out.
See all our news and blogs

Upcoming events

17 MAY 17 19 MAY 17
Event
Scenario Forum and Analytics Meeting 2017
London
The Scenario Forum and Analytics Meeting is an invitation-only event that combines elements of the scenario and analytics programmes. It's an opportunity to meet peers and share experience and knowledge.
11 OCT 18 12 OCT 18
Event
European Forum 2018
Milan
This is our third annual, invitation-only event for Heads of Operational Risk from our European member banks and insurers.