Skip to content

ORX News unveils exciting Q1 2024 updates

POSTED BY
false

ORX News has launched a new interactive tool for its subscribers as part of their first quarter 2024 resources.

During a productive first quarter, the ORX News team released a series of new editorial reports, such as the Year in Review, the ORX News Data Explorer, and the Public Loss Profiles. These reports are enriched with interactive data visualisations, offering an engaging and informative way to explore the data.

Discover our innovative approach to reporting in 2024 

The Year in Review is a point in time snapshot that features insights from the ORX News database on the top stories of the year, as well as trends in conduct, cyber, financial crime and other risks. Previous iterations analysed the data looking at different event types, while the latest report uses the ORX Reference Taxonomy

The ORX News Data Explorer was published alongside the Year In Review. It allows users to examine the 12 months’ worth of News data, including trends and top stories. New features have been added to allow users to select a time frame and currency.

The Public Loss Profiles are a series of over 60 reports that provide an overview of the News database. The reports show trends in the data, the top losses, regional highlights, and point to relevant resources, such as Deep Dives. This year the reports provide a severity and frequency breakdown, and some information on the top 1% of losses in each category for the last five years. 
 
The Public Loss Profile reports are available for each Level 1:

 

“We are excited to showcase our new data visuals and explorer, revealing insights from ORX News data through interactive navigation. This will give our subscribers a way to unveil proportions, frequency, and severity in a vivid, dynamic tapestry.

Lily Richardson, ORX News Manager

 
 
The ORX News team has several new informative resources this quarter including Deep Dives, In Focus, Top 5 losses, and Podcasts.
 

Deep Dives

Deep Dives offer firms a means to obtain a detailed report on specific events, detailing internal and external risk factors, remedial measures and impact amongst other themes. If you are a subscriber, you get access to over 100 Deep Dives from the ORX News database. You can read some of the latest ones here: 

Not an ORX News subscriber? You can read a few of our Deep Dives and see what subscribers have access to here

In Focus 

In our In Focus reports, we delve into the wealth of data collected by ORX News to analyse and highlight trends. These reports provide valuable insights into the ever-evolving landscape of risk management, shedding light on key issues and developments that can impact organisations across the financial sector.

Here are a few of our recent In Focus pieces:

Top 5 

We publish a list of the monthly five largest operational risk losses. Read on to find out which operational risk loss events have had the most impact in Q1 2024.

Podcasts 

The ORX News team record a monthly episode of our ORX Operational Risk Podcast covering the five largest operational risk losses for that month, as well key current operation risk events from across the globe. This podcast is freely available to anyone, including non-subscribers and non-members. 

Listen to some of our most recent podcasts:

About ORX News

Stay on top of the latest operational risk losses with ORX News. ORX News is a leading source for information and analysis on publicly reported operational risk loss events from around the globe.

Created specifically for the financial sector, ORX News can help you:

  • Identify loss trends you need to be aware of
  • Provide data and information to support scenario modelling
  • Enhance your internal loss data
  • Raise awareness of operational risk across your organisation
Find out more about ORX News