5 most popular ORX resources of 2021
- 1 December 2021

Don't miss out on the reports and other resources that other operational risk professionals are downloading. Read our round-up of some of our most popular resources of 2021 to find out what made the top 5. Don't forget, you can always access the latest insights and reports through our news page or by following us on LinkedIn or Twitter. And, sign up to our newsletter to get a monthly round-up of our news, useful reading and research highlights delivered straight to your inbox.
1. ORX Operational Risk Reference Taxonomy
Our reference taxonomy for operational and non-financial risk continued to be very popular this year. The Event Type Taxonomy covers level 1 and level 2 risks, including more 'contemporary' risks, while the complementary Cause and Impact Taxonomy covers causes and impacts to provide even more insight. You can also buy accompanying guidance to help you get the most from the taxonomy.
Download the ORX Operational Risk Reference Taxonomy
2. Operational risk loss reports
Each year, we publish two reports on our operational risk loss data – one for the banking sector and one for insurance. These reports are consistently among our most downloaded resources, and continued to be popular in 2021. Download the free executive summaries for up-to-date insights into trends, frequency and severity of loss events in our global databases. Or, to get the full analysis buy the full reports (available for free to ORX members).
Download the Operational Risk Loss Data Executive Summaries
3. ORX Scenarios White Paper
What does the future hold for operational risk scenario analysis? This is what the ORX Scenarios team explored in their white paper which was published in April 2021. The white paper, Operational Risk Scenarios: From Risk Measurement to Risk Management and Beyond, looks at how scenario analysis and methodology could develop to support active operational risk management in the financial sector.
Download the ORX Scenarios White Paper
4. ORX Operational Risk Reporting Standards
Since first released, our Operational Risk Reporting Standards have been the industry-leading resource for setting the reporting standards by which the industry views operational risk events. We have separate standards available for banks and insurers, which are regularly updated to reflect contemporary issues and the requirements an ever-changing risk landscape.
Download the ORX Operational Risk Reporting Standards
5. Future of op risk report – Right time, right place
This thought leadership piece explores how the financial services industry is evolving and the impact this will have on operational and non-financial risk in terms of both the challenge and the opportunity. It also examines how operational and non-financial risk can maximise the value it delivers as the business changes.
Download the report, Right time, right place: The drive for change in operational and non-financial risk
Get operational risk management support with ORX Membership and services
We offer a range of services to support operational risk management at your financial firm. From ORX Membership to ORX News, all of our services are designed in collaboration with the operational risk community and are designed to provide support specifically for operational risk managers.