Managing risk together

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

Operational Risk Horizon

This report explores the top operational and emerging risks, categorising them into two top five lists.

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

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.

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.

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.

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.

Latest news and blogs

Latest news

Regional Forums 2018 announced

Marina Vissaridis

18 June 2018

We've just announced the dates for our 2018 Regional Forums. This year they're taking place in Milan, New York, Singapore and a location in Africa to be announced soon.

Industry news

Monthly Top 5 ORX News Losses – May 2018

Margo Kane

12 June 2018

Find out the five largest operational risk loss events recorded by the ORX News team in May.

Industry news

ORX News digest of the month – May 2018

Margo Kane

11 June 2018

The ORX News team chooses a digest from the ORX News Service to share publicly each month. Read May's featured digest here.

Research

EU-wide stress test benchmark 2018

Annika Westphal

31 May 2018

In 2018, we conducted a survey on the methodologies used in the operational risk component with 27 banks. Find out more and download the study summary.

See all our news and blogs

Upcoming events

26 JUN 18

Event

Insurance Forum 2018 – North America

New York

This year's North American ORX Insurance Forum will be held in New York on 26 June 2018. It's a chance for members of the ORX Global Insurance service to meet with peers and share their knowledge and experiences.

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.