How ORX is supporting the operational risk community
As we're sure you're aware, the vast majority of financial organisations have now been impacted in some way by coronavirus (COVID-19). At ORX, we've been busy working on what we can do to support operational risk teams around the world through this situation.
As well as the wellbeing of our employees and community, our main priority at this time is to continue projects that will be of most value to support operational risk professionals. To this end, we have already pivoted a lot of the activities we do that are included as part of our ORX Membership, ORX Scenarios and ORX News services to be coronavirus-specific. For example:
- Our members have been invited to weekly calls to discuss the outbreak and share ideas
- The ORX Scenarios team are working on a pandemic scenario handbook
- The ORX News team are producing a special coronavirus round-up (see below)
- Our working groups are focused on coronavirus-specific topics, such as how to capture it as an event in our global loss database
In addition, below are some free resources we’ve already implemented to support the wider operational risk community. We will keep this page updated with more helpful content as the situation continues.