ORX Scenarios: Insights into Material Risks 2021

  • 23 November 2021
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Discover the top 5 risk types in the ORX Scenarios Library in 2021

"Conduct, digitalisation, and resilience are among the key trends identified over the last year."
Insights into Material Risk report 2021

Find out which operational risks financial firms most commonly created operational risk scenarios for in 2021 in this free report from ORX Scenarios. Created using information shared by over 50 financial organisations, the ORX Scenarios: Insights into Material Risks 2021 report gives you a global picture of scenario practice in 2021.

Insights into Material Risks

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About the report

"This report is the result of ORX analysis on the 2021 library and builds on our recent ORX Scenarios Library Highlights 2021 report."
Insights into Material Risk report 2021

As part of the ORX Scenarios service, financial organisations get access to the ORX Scenario Library. The library provides subscribers with a comprehensive database of over 1000 anonymised scenarios developed by firms from around the world. Our subscribers use the library to identify risks, support scenario creation and as a comparison tool.

The library is refreshed each year when ORX Scenarios subscribers share their most severe scenarios. Following this, we produce a report exploring the trends and changes we can see in the ORX Scenarios library. The longer version is available to ORX members and ORX Scenarios subscribers on our member-only website, but we've also produced a freely-available highlights report.

Download the report for an overview of the key trends and the top 5 scenarios in the library

Headline findings

Conduct, digitalisation and resilience key trends in the ORX Scenarios library

Conduct, digitalisation, and resilience are among the key trends identified over the last year. Conduct-related scenarios such as improper business practices and mis-selling remain the most material concern, a trend compounded by the pandemic. 

Download the highlights report to read more

Download the free report to find out the top five risk types for which financial firms most commonly created operational risk scenarios and to gain exclusive insights into scenario practice.

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Scenario practice made easy with ORX Scenarios

At ORX, we understand that scenarios are an integral part of operational risk management. That’s why we created ORX Scenarios. ORX Scenarios gives you the tools and information you need to create and review operational risk scenarios, while also giving you the opportunity to become part of a global network of scenario experts.

Subscribing to ORX Scenarios means you can access a comprehensive library of scenarios created by other financial firms worldwide. You’ll also be able to access a wide range of resources all designed to enhance and support scenario practice.

Find out more about ORX Scenarios today

Insights into Material Risks 2021

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