ORX Scenarios resources

Free support for operational risk scenarios

Take a look at all the resources, reports and blogs that we've made freely available from our premium service, ORX Scenarios, to support you and your firm in your operational risk scenario practice. These resources are just a small example of what's available with an ORX Scenarios subscription.

Tools, resources and more to support operational risk 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 almost 1,000 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.

Get started with ORX Scenarios

Free resources from ORX Scenarios

Insights

ORX Scenarios: Insights into Material Risks 2022

Simon Johnson

14 December 2022

The Insights into Material Risks report from ORX Scenarios analyses the trends identified in the 2022 scenario library. Download your free copy of the report today to learn about the key trends in scenario practice.

Press release

Digital transformation and technology top operational risk scenarios in 2021

Esther Britton

24 November 2021

Digital transformation and technology rank as the biggest concern for global banks and insurers in the 2021 operational risk scenarios according to the ORX Scenarios Insights into Material Risks 2021 report.

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

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

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.

Insights

Top 5 operational risk scenarios of 2020

Giuseppe Aloi

10 November 2020

Find out which operational risks firms are most likely to be creating scenarios for in 2020. Our analysis shows the top 5 are conduct, external fraud, technology, transaction processing & execution and financial crime.

Press release

Conduct and business disruption top concerns in scenarios library

Esther Britton

18 October 2020

Our latest report on the operational risk scenarios in the ORX Scenarios library shows that conduct and business disruption are top of financial firms' agendas at the moment.

ORX Scenarios

Scenario Development Handbook: Pandemic

11 June 2020

In response to the coronavirus outbreak, ORX Scenarios have produced a pandemic Scenario Development Handbook to provide practical guidance on preparation, assessment and governance to support your development of scenario process.

ORX Scenarios

What risk drivers and impacts should you consider for pandemic scenarios?

Giuseppe Aloi

4 May 2020

Read more highlights from ORX Scenario discussions on pandemics, including the most significant risk drivers, for example staff absence and IT infrastructure capacity, and impacts such as HR and legal costs and conduct and processing errors.

ORX Scenarios

Six top takeaways on creating pandemic scenarios

Giuseppe Aloi

7 April 2020

The ORX Scenarios team have been discussing best practice and guidance for creating pandemic scenarios with our network of practitioners. Read our key takeaways here, including ideas for creating a pandemic scenario storyline here.

Practice Benchmark

Scenario Refresh & Trigger Process Practice Benchmark

Giuseppe Aloi

3 March 2020

This Practice Benchmark showed that the industry is adopting more dynamic approaches, which are better designed to meet business needs and are more focused on managing risks at the right time. However, there are still areas that could be improved.

Insights

Six trends from the ORX Scenarios library in 2019

Giuseppe Aloi

6 December 2019

Since 2017, institutions have submitted more than 1,100 operational risk scenarios to the ORX Scenarios library. Read on for the key trends and insights from the library in 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.

Blog

Five key elements for creating an op risk scenario storyline

Giuseppe Aloi

4 September 2019

Learn how to develop comprehensive scenario storylines. This blog focuses on cyber-related data breach.

Blog

How do scenarios help improve op risk management?

Luke Carrivick

3 June 2019

We asked our Head of Research and Information, Dr Luke Carrivick, a few questions about using scenarios as a method for improving operational risk management.