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Research studies:
Developing op risk management

Our research studies support operational and non-financial risk management and measurement throughout the financial industry.

ORX members can take part in our projects for free. They also get access to all our completed reports and white papers. If your firm isn't a member of ORX, then you can still participate in our studies for a small fee.

Taking part in our projects brings lots of benefits. When you get involved in our research, you don't just get access to the results and analysis. You also get to collaborate with operational risk professionals from around the world and build a global network of peers and experts. Our participants tell us that they really value the opportunities we give them discuss ideas and challenges with ech other. 

Find out how to take part in our projects

What we're working on right now...

Practice benchmark
Material Risk Identification practice benchmark
Sarah Reed
11 August 2020
In this practice benchmark, ORX is aiming to understand the concepts and practice behind material risk identification programmes in the financial industry.
Research
ORX Cause and Impact Taxonomy 2020
Steve Bishop
18 May 2020
In response to feedback from operational risk teams, we are bringing forward the work we are going to progress this year to develop a Cause and Impact Reference Taxonomy building on the success of last year’s ORX Reference Taxonomy.
Research
Three lines of defence practice benchmark
Simon Johnson
26 February 2020
The 3LOD is an accepted model for an effective risk management system. In this study, ORX is aiming to understand how the 3LOD is implemented in practice, its challenges and what best-practice might look like.
Research
Exploring risk exposure methodologies
Annika Westphal
24 February 2020
ORX’s new initiative will advance the use of structured, risk-factor driven approaches to operational risk measurement. We’ll explore the current and potential use of the approaches and opportunities to collect and benchmark relevant risk factors.
Research
CCAR benchmark 2020
Sarah Reed
2 September 2020
The Comprehensive Capital Adequacy Review (CCAR) is an essential annual supervisory requirement for banks conducting business in the United States. Sign up now to receive an individual benchmark to see how your submission compares with your peers'.
Research
Reimagining Operational Risk
Simon Wills
29 July 2020
The financial services industry is undergoing a period of rapid change. Find out more about our new initiative, Reimagining Operational Risk.

ORX reference taxonomy

We're continuing to develop our award-winning reference taxonomy, which is helping to create a common language for the whole financial services industry.

Cyber risk

We've been supporting firms with cyber and information security risk. This group has now finished work on definitions and roles and responsibilities.

Explore our research by area of op risk

Op risk measurement & data
Day-to-day op risk management
Op risk strategic development
Material risks in focus

Reports & white papers

Get a deeper understanding of operational risk practice, theory and strategy with our reports and white papers

Reports and white papers