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 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.


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.


Developing an industry operational risk taxonomy
You can now download our reference industry operational risk taxonomy.
ORX research magnifying glass
ORX research catalogue
Our new catalogue gives you an overview of our completed projects. It details the key findings, participants, and lists other reports of interest.
ORX Operational Risk Horizon 2019 top five risks infographic
Industry news
Digital continues to dominate the operational risk landscape
Margo Kane
4 March 2019
Digital continues to dominate the operational risk landscape
Industry news
Monthly Top 5 ORX News Losses – February 2019
John Bosnell
12 March 2019
Find out the five largest operational risk loss events recorded by the ORX News team in February 2019.
Industry news
ORX News digest of the month – February 2019
John Bosnell
13 March 2019
The ORX News team chooses a digest from the ORX News Service to share publicly each month. Read February's featured digest here: Bank of Valletta suspends services after hackers falsify transactions to steal EUR 13 million
ORX Forums
Latest news
2019 Insurance Forums registration open
Marina Vissaridis
25 February 2019
Registration is now open for the 2019 ORX Insurance Forums, being held on 14-15 May in Munich and 25 June in new York.
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.

Upcoming events

26 MAR 19 27 MAR 19
Heads of Operational Risk Forum 2019
The Heads of Operational Risk Forum 2019 will held on 26 and 27 March in Singapore.
14 MAY 19 15 MAY 19
Insurance Forum 2019 – Europe
The ORX Insurance Forum – Europe,14-15 May 2019, an invitation-only event for insurance operational risk professionals to share experiences and knowledge.