ORX News

ORX News:
The service that puts global op risk events at your fingertips

Whether you’re looking to enrich your operational risk loss data, train employees on what could happen or enhance your scenario development, ORX News can help.

ORX News is an industry-leading provider of publicly reported operational risk loss events from around the world. It is a single source for data and analysis, specifically covering the banking, insurance and asset management sectors, plus large cyber loss events from other industries.

Contact us to book a demo or free trial

 

Current subscribers can log into ORX News here

    What are the benefits of ORX News?

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    Speedy global media scanning
    A team of specialist researchers seek out loss events from the global financial sector, which you are then able to access on our platform within 72 hours (24 hours for the headline).
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    Detailed yet concise summary articles
    The team writes a summary piece on each loss event which provides you with all of the key details from an operational risk perspective, in addition to links for each of the source articles.
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    Easy searching & reporting
    Our sophisticated database categorises all events so that you can do advanced searches for them easily. You can filter loss events by category, including business line and event type, or you can search by keyword. You can also export reports.
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    Customised to your interests
    Customised to your interests You have the ability to save filters and set your own notifications. Decide yourself what kind of events you want to be notified about (with numerous filters to choose from), whether to receive email alerts, and how often.
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    Free Deep Dives
    You can commission up to three longer “Deep Dive” pieces per year on anything you’re particularly interested in, as well as access over 100 existing deep dives.
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    More cyber events
    Since 2018, ORX News has captured high-impact cyber events at firms outside the financial services sector to provide you with even more insight into this high priority risk.

    NEW! API feed to make ORX News data even more valuable

    We have created an Application Programming Interface (API) so that you can automatically pull ORX News data into your own system, for example your GRC platform. Use it to enhance your existing reports and dashboards by seamlessly inputting ORX News stories directly into them. Please contact [email protected] for more information.

    Free monthly content from ORX News

    Industry news
    Bank to pay USD 2.5 million to settle class action over cryptocurrency credit card fees
    John Bosnell
    8 June 2020
    Operational risk loss story of the month from ORX News: In May 2020, JPMorgan Chase agreed to pay $2.5m to settle a class action suit over credit card fees it charged customers who bought cryptocurrency using their Chase credit card.
    Industry news
    5 largest operational risk losses: May 2020
    John Bosnell
    8 June 2020
    Discover the 5 largest operational risk loss events recorded by the ORX News team in May 2020. This month's top 5 includes a fake email scam, trade order routing misrepresentations, and misleading customers about charges for trade execution services.
    Industry news
    Bank fined for miscalculating its capital need
    John Bosnell
    15 May 2020
    Operational risk loss story of the month from ORX News: In April, the Swedish financial regulator Finansinspektionen (FI) fined insurance company Skandia Liv $3.5m for miscalculating its capital need. Read the whole story from the ORX News service.
    Industry news
    5 largest operational risk losses: April 2020
    John Bosnell
    15 May 2020
    Discover the 5 largest operational risk loss events recorded by the ORX News team in April 2020. This month's top 5 includes a failure to offer loan modifications, a money laundering scheme, and unregistered trading of securities.

    Why subscribe to ORX News?

    Scenario generation
    Help to generate realistic scenarios and audit your scenario portfolio.
    Analysis
    Run regular reports to identify and monitor risk trends.
    Awareness and training
    Build awareness of the types of losses across the industry.
    Business challenges
    Use losses to challenge business colleagues’ perceptions of their risk profile.

    ORX News pricing

    The annual fee for ORX News is very competitive at £31,000 per year (£19,950 per year for current ORX members). To find out more about how the service can help your firm or to book a free trial, contact us today.

    Want to see ORX News in action?

    Request a free trial or demo of the service

    Other free content from ORX News

    Industry news
    10 most popular loss events: ORX News Q1 2020
    John Bosnell
    4 May 2020
    Find out which operational risk loss events were the most commonly read on ORX News from 1 Jan 2020-31 Mar 2020.
    Industry news
    Impact of coronavirus on operational risk: ORX News round-up
    John Bosnell
    2 July 2020
    ORX News is providing a regular round-up of the operational risk impacts of coronavirus on financial firms worldwide, including its impact on operations and what actions firms are taking to help clients.
    Industry news
    10 most popular loss events: ORX News Q4 2019
    John Bosnell
    31 January 2020
    Find out which operational risk loss events were the most commonly read on ORX News from 1 Oct 2019-31 Dec 2019.
    Information
    How to use ORX News to support your scenario practice
    John Bosnell
    29 October 2019
    Did you know that you could use ORX News to support your firm’s operational risk scenario programme? Focused solely on operational risk, the ORX News service brings together publicly reported loss events from around the world.

    About the ORX News service

    About ORX News

    Cyber events covered by ORX News

    Current ORX News subscriber map

    Over
    70
    subscribers
    More than
    8,500
    stories
    From over
    150
    countries

    Find out more

    ORX News is available to institutions whether or not you are part of ORX membership. For more information about the service and how to subscribe...

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