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Membership and services from ORX

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...
Already a member?
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

Operational Risk Reference Taxonomy

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

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 Reporting Standards

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

Now available

Banking Operational Risk Loss Data Report 2022

Discover trends and factors driving operational risk losses in the banking sector today.

Insurance Operational Risk Loss Data Report 2022

Discover trends and factors driving operational risk losses in the insurance sector today.

Latest news, blogs & research updates

ORX News Top 5 July-September Q3 2022
ORX News
Top 5 ORX News Losses: Q3 2022
Lily Richardson
8 September 2022
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 Q3 2022 from ORX News.
Press release
ORX launches world first industry-wide controls library for operational risk
Esther Britton
5 September 2022
We’re delighted to announce that together with McKinsey & Company as a knowledge partner, we’ve launched a world first industry-wide controls library for operational risk.
ORX Scenarios
The ORX Scenarios Library 2022
Simon Johnson
9 August 2022
The ORX Scenarios library is a database of operational risk scenarios shared by subscribers to the service. Discover headline numbers from the 2022 submissions.
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Latest news
Podcast: Top Risk Review, top 5 losses and focus on data management
Esther Britton
4 August 2022
The latest episode of the ORX Operational Risk Podcast is now available. Episode 20 explores the Top Risk Review, ORX News top 5 operational risk losses and has a focus on data management.
See more op risk updates

Free to download

Insights into Material Risks 2021

Discover the top 5 risk types in the ORX Scenarios Library in 2021 in the latest insights into material risks report from ORX Scenarios. Download the report for trends and analysis.

Right time, right place

Are you ready to manage risk in an increasingly digitalised world? Download the report, Right time, right place: The drive for change in operational and non-financial risk, to find out.

ORX Membership

Be part of a global community working together to optimise operational risk management.

Become an ORX member

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.