ORX Scenarios

Save time and money and improve your scenario practice

Scenarios are a key factor in measuring and managing operational risk across the financial services industry. ORX Scenarios gives subscribers the tools, resources and knowledge they need for effective scenario identification, assessment, quantification and validation practices. With ORX Scenarios, you can compare your scenario portfolio and methods against your peers to ensure full coverage of the most relevant scenarios. You can also become part of an active global community of operational risk scenario experts who meet regularly to solve challenges, discuss ideas and share expertise.

ORX Scenarios is driven by our participants, who set the priorities and focus. This influences the research projects and tools we develop to help support them in their work.

See which firms are part of the ORX Scenarios community

Subscribe to ORX Scenarios to access

Scenario library

A library containing almost 800 quality scenarios from the leading financial services firms globally.

Scenario development handbooks

Support for creating and quantifying scenarios for specific risks, such as cyber.

Forum & discussion groups

A global scenario practitioner network, including free invitation-only events such as our global Scenario & Analytics Forum and regular Scenarios working group.

Scenario practice benchmark studies

Our practice benchmarks allow you to compare specific practices against your peers. You receive an individual report, in addition to a general report of the whole ORX Scenarios group.

Risk intelligence packs

Ready-made packs of external information to support scenario development.

Hot-topic research

Developing useful materials to support and improve your internal scenario process.

The Scenario Library

By subscribing to ORX Scenarios, you gain access to our Scenario Library. The Scenario Library is a comprehensive database for scenario practitioners – subscribers can use it to compare and benchmark their scenarios, to help them create new scenarios and more.

"The ORX Scenario Library is used as a reference as well as a guide to identify relevant scenario topics trending across the globe and our local geography. Sometimes, these topics help us to drive internal discussions with stakeholders to identify unexpected risks and associated narratives."
ORX Scenarios subscibing firm

The library currently contains almost 800 scenarios across different business lines, sizes and regions.

Explore resources from ORX Scenarios

ORX Scenarios

The ORX Scenarios Library 2022

Simon Johnson

9 August 2022

The ORX Scenarios library is a database of operational risk scenarios shared by subscribers to the service. Find out how it can support scenario practice at your firm.

ORX Scenarios

ORX Scenarios: Insights into Material Risks 2021

Giuseppe Aloi

23 November 2021

Find out the key trends in operational risk scenario practice in 2021. Key themes include conduct, resilience and digitilisation.

ORX Scenarios

How to use operational risk scenarios for more proactive risk management

Esther Britton

27 July 2021

At ORX we’re focusing on how to support financial organisations to become more proactive in their risk management. Find out you can do this using operational risk scenario analysis.

ORX Scenarios

Operational Risk Scenarios White Paper

Giuseppe Aloi

14 April 2021

What does the future hold for operational risk scenario analysis? Download the free Operational Risk Scenarios White Paper from ORX Scenarios to find out.

Explore more free resources from ORX Scenarios

Why do financial firms subscribe to ORX Scenarios?

Stress testing

ORX Scenarios is used by our subscribers to improve stress testing, particularly as a way of capturing the impact under extreme stresses

Benchmarking

Compare your scenario portfolio and methods against your peers to ensure full coverage of the most relevant scenarios

Regulatory capital calculation

ORX Scenarios subscribers use the service to support with ICAAP calculations

Driven by participants

The ORX Scenarios Working Group set the priorities and focus, influencing the tools and resources we develop

ORX Scenarios pricing

The annual subscription for ORX Scenarios in 2022 is £20,000 per institution. Or, if your firm is currently a member of ORX then you pay just £9,450, saving over 50% on the full price! Find out more about how the service can support scenario practice at your firm.