• Search
  • Menu

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.

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.

Explore our research
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.

Find out about loss 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.

Find out about ORX News
Standards

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

Discover our standards
ORX Scenarios

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

Discover ORX 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.

Find out about our forums

Featured

ORX lightbuld icon
Risk-managing change
With McKinsey, we interviewed 16 CROs to see how they risk-manage change.
Download the report
ORX research magnifying glass
Operational risk framework design
Find out how financial organisations manage their op risk frameworks.
Download the framework

Latest news and blogs

You have been invited to take part in a poll!

Op risk Initiative of the Year Award 2019
Latest news
ORX wins Initiative of the Year at the 2019 Operational Risk Awards
Marina Vissaridis
17 June 2019
We are delighted to announce that ORX has won Initiative of the Year at the 2019 Operational Risk Awards. Held on 18 June 2019 in New York, the Operational Risk Awards honour excellence in op risk management and compliance.
Read more
Industry news
Most viewed ORX News loss events in Q2 2019
John Bosnell
11 July 2019
Find out the ten most viewed operational risk loss events recorded by the ORX News team during the second quarter of 2019.
Read more
Industry news
ORX News digest of the month – June 2019
John Bosnell
10 July 2019
The ORX News team chooses a digest from the ORX News Service to share publicly each month. Read June's featured digest here: Chilean banks face outsourcing failures
Read more
Loss data chart
Industry news
Loss data included in EBA's recommended implementation of SMA
Luke Carrivick
4 July 2019
On 2 July 2019, the EBA published the summary results of their work on the Basel III implementation assessment and QIS impact study. See what they recommended.
Read more
See all our news and blogs

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

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.