Operational Risk Horizon 2020
- 11 July 2019
Now in its third year, the Operational Risk Horizon lets you benchmark your top current risks and identify emerging risk trends. Taking part in the Operational Risk Horizon 2020 provides you with insights into the industry's view of today’s operational risk profile, and how it may change over the next three years. Download the summary of last year's horizon report to see what type of information and analysis will be in the 2020 edition.
Participation is open to non-members and members of ORX. It's free if you're already an ORX member and costs £9000 if you're not a member of ORX. This is refundable if you join ORX within a year of signing up to the project - find out more about ORX membership.
Contact us to sign up now. By taking part, you'll be able compare your current risks to the rest of the industry and find out which risks should be on your radar for 2020 and beyond.
Why take part?
Benchmark your key operational risks
Taking part in the Operational Risk Horizon helps you identify and prioritise the most important risks facing your institution. By comparing risks to those of your peers, you'll be able to validate internal concerns and ensure full coverage of the current key operational risks and the trends driving these risks.
Survey the emerging risk horizon
Identifying new and emerging risks is a challenge consistently reported by our members. This project will allow you to establish the top emerging risks facing your institution and the wider industry over the coming three years.
Focused, actionable information
Unlike other industry reports that have a wider business or banking scope, the Operational Risk Horizon focuses solely on top and emerging operational risks facing the financial services sector.
Participants will receive:
- The industry's top 15 current risks
- The industry's top 15 emerging risks
- Analysis of how the industry thinks key risks will change
- Top risks by region
Free and secure
As a member of ORX, there is no charge for you to participate in the Operational Risk Horizon. We will ensure that data is collected securely for aggregation and analysis.
How to participate
To take part, you first need to contact us to sign up. Then, in October, you'll need to complete a short survey collecting your institution's top 10 current risks and provide information about the expected trend for each risk.
You'll also need to submit your institution's top emerging risks and an indication of when each risk is expected to impact.
- July: registration opens
- October: data collection
- October – December: analysis and report writing
- Early January 2020: findings published to participants
- June 2020: full report released to non-participants
Last year's top five risk lists
Forty-eight banks and insurers took part in the Operational Risk Horizon 2019, submitting a total of 444 operational risks and 308 emerging risks. We aggregated and analysed these risks, exploring how participants believed the risk landscape would change over the next few months and years.
All current members of ORX can read the full Operational Risk Horizon 2019 report on our member's website.