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 90 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
    5 largest operational risk losses: March 2020
    John Bosnell
    7 April 2020
    Discover the 5 largest operational risk loss events recorded by the ORX News team in March 2020. This month's top 5 includes a loan calculator error, contractual accounting failures and AML failures.
    Industry news
    Bank evacuated after employee coronavirus case
    John Bosnell
    16 March 2020
    Operational risk loss story of the month from ORX News: In February 2020, DBS Bank announced that it had evacuated employees from an office in Singapore after an employee was confirmed to be infected with coronavirus (COVID-19).
    Industry news
    5 largest operational risk losses: February 2020
    John Bosnell
    11 March 2020
    Discover the 5 largest operational risk loss events recorded by the ORX News team in February 2020. This month's top 5 includes three cases of loan fraud and a loss of $170m in fraudulent securities offerings.
    Industry news
    Bank fined USD 17.9m for failure to buy flood insurance
    John Bosnell
    21 February 2020
    Operational risk loss story of the month from ORX News: In January 2020, the US Office of the Comptroller of the Currency (OCC) announced that it had ordered Citibank to pay a USD 18 million (EUR 16.2 million) civil money penalty.

    Why subscribe to ORX News?

    Scenario generation
    Help to generate realistic scenarios and audit your scenario portfolio.
    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
    Impact of coronavirus on operational risk: News round up
    John Bosnell
    7 April 2020
    What impact is coronavirus (COVID-19) having on operational risk management? ORX is providing a regular round-up of the op risk impacts of Coronavirus on financial firms worldwide.
    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.
    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.
    Industry news
    Most viewed ORX News loss events in Q3 2019
    John Bosnell
    7 October 2019
    Find out the ten most viewed operational risk loss events recorded by the ORX News team during the third quarter of 2019.

    About the ORX News service

    About ORX News

    Cyber events covered by ORX News

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    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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