Find out which operational risk loss events were the most commonly read on ORX News from 1 October 2020 to 31 December 2020.

Operational risk losses have decreased in both value and frequency over the last ten years recent analysis by ORX shows. In our recent study, we looked at operational risk losses submitted by financial organisations between 2010 and 2019.

The latest episode of the ORX Operational Risk Podcast is now available. This episode looks at how financial firms have implemented the 3LOD model, the challenges they've faced embedding it and how they've adapted it. 

What does the future hold for operational risk scenario analysis? Download the free Operational Risk Scenarios White Paper from ORX Scenarios to find out.

Find out the key changes to the principles for operational resilience and the principles for the sound management of operational risk (PSMOR), from the recent Basel consultation and what they mean for operational risk managers.

What does the future hold for operational risk scenario analysis? In this podcast, the team from ORX talk through our recent white paper on how operational risk scenario analysis can move from supporting risk measurement to active risk management.

In an industry consultation today the APRA set out its plans for adoption of the SMA to Pillar I Operational Risk capital. Find out more about their plans.

The ORX News annual review of the Top 10 largest operational risk loss events of 2018. All of the loss events covered are taken from the Top 5 largest loss event articles that are published every month.

Our Three Lines of Defence (3LOD) Practice Benchmark identified four key ways financial firms can further embed the 3LOD model. Find out how to further embed 3LOD at your organisation.

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Our analysis showed that there are three main areas where machine learning can be used in operational risk – fraud detection, text-mining for data augmentation and data quality assurance.

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Registration has now closed for the 2021 version of our annual benchmark on the Comprehensive Capital Adequacy Review (CCAR). The study provides both a quantitative benchmark and a qualitative assessment of how the submission was done.

The recent ORX Operational Risk Horizon study identified emerging technology as the industry's most concerning emerging operational risk. Find out why.

How is operational resilience developing throughout the financial sector? In this podcast, the team from ORX talk through our recent report, Progressing Operational Resilience, and look at the challenges and changes made in the industry.

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.

Download our latest Annual Review, covering January-December 2020, to hear from the Chair of the ORX Board, Lisa Broomer, and for our highlights from 2020.