Material risks in focus

Material risks in focus

ORX runs research studies, working groups and larger programmes of work to support operational risks teams with the management of specific material risks, for example cyber, conduct and outsourcing. On this page, you can take a look at a selection of research and other content that we've published to help you better understand some of the most important material risks.

Focusing on cyber and information security risk management

As part of our material risks in focus work, we've been working on developing a programme which will support the management of cyber and information security risk. This is one of the most pressing and difficult risk types facing the financial services industry today. Our programme is helping institutions overcome the challenges of cyber risk.

See how we're supporting cyber and information security risk management
 

Material risks in focus

Research
Operational Risk Horizon 2021
Melanie Lavallin
13 November 2020
The Operational Risk Horizon study will help financial firms understand which emerging risks they need to be aware of in 2021 and beyond. This year, the study will focus on emerging risks.
Industry news
Impact of coronavirus on operational risk: ORX News round-up
John Bosnell
2 November 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.
Standards
Capturing operational risk impacts of coronavirus
John Bosnell
7 August 2020
Read our updated guidance on capturing the operational risk impacts due to the coronavirus pandemic, including which specific impacts to include and exclude and areas where we could make further refinements.
Research
Covid Risk Review
Steve Bishop
8 June 2020
Find out how coronavirus has impacted operational risk profiles. Read the results of our survey of the ORX membership on the current operational risks facing us today.
Research
Operational risk & coronavirus: how are firms responding?
Luke Carrivick
5 June 2020
We're continually working with the financial organisations that are members of ORX to see how they are responding to coronavirus (Covid-19) from an operational risk management perspective. Here's what they telling us...
ORX Cyber
Cyber risk management controls & indicators
Melanie Lavallin
28 February 2020
How is the industry implementing controls and indicators for cyber risk management? And what makes an effective indicator or control? Read the report from our study to find out.
Research
Operational Risk Horizon 2020
10 February 2020
Download the ORX Operational Risk Horizon 2020 report to find out the top emerging and current operational risks for 2020 and beyond for banks and insurers. This report is based on a survey of financial firms.
ORX Cyber
Roles and responsibilities in cyber and information security risk management
Melanie Lavallin
24 September 2019
We surveyed 25 financial institutions establish where cyber and information security risk management responsibilities sit across the three lines of defence, and to identify those areas where there is confusion. See what we found out.
ORX Cyber
Cyber and information security risk definitions
Melanie Lavallin
4 July 2019
Working with participants of the ORX Cyber and information security risk (CISR) programme, we have created definitions for cyber and information security risk that we'll use throughout the project.
Research
Operational Risk Horizon 2019
21 January 2019
Benchmark your top current operational risks against your peers and identify emerging operational risk trends with the ORX Operational Risk Horizon study.
Research
Progress and challenges in model risk management
Annika Westphal
21 December 2018
Model risk is receiving increased attention from financial firms and regulators. Our report looks at model risk management practices and the progress that has been made since our 2016 study on this operational risk topic.
Practice benchmark
Outsourcing risk practice benchmark
Sarah Reed
29 October 2018
What does outsourcing do to your operational risk profile? Part of practice benchmark programme, this study identified common and best practices in managing the risk of a firm's outsourced/third-party portfolio.
Research
Understanding Conduct Risk Practices
John Mears
25 June 2018
Although there is no common understanding of conduct risk, progress is being made our study on conduct risk showed. We explored its interaction with the operational risk management framework and the shared challenges faced by the industry.
Research
Operational Risk Horizon 2018
John Mears
21 March 2018
The Operational Risk Horizon was a new initiative from ORX offering two key benefits – the ability to benchmark your top current risks and to identify emerging risk trends.
Research
How do banks manage model risk in 2016?
Paul Minter
28 October 2016
This Snap Survey report explores how banks define, manage and mitigate model risk.

Browse by other areas of operational risk...

Op risk measurement & data
Op risk management
Op risk strategic development

Material risks in focus

Find out more about how ORX can support your firm to manage the most critical material risks.

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