Scenario Library
A database of scenarios shared by financial firms around the world from ORX Scenarios
The ORX Scenarios Library is a comprehensive database for operational risk scenario practitioners. The library allows ORX Scenarios subscribers to benchmark their internal scenarios against the industry.
The Scenario Library provides a solid foundation for creating, updating and validating your operational risk scenarios. The library is available to all ORX Scenarios subscribers.

1000+
Scenarios in the library

60+
Firms participating

40+
L2 risk event types
How does it work?
Every year, each financial institution that subscribes to ORX Scenarios shares their most severe scenarios through our secure Insight platform.
After rigorous quality assurance, we then publish a database of anonymised scenarios with accompanying reports. Our subscribers currently have access to over 1000 scenarios across different business lines, sizes and regions shared by over 60 financial firms.
How does the library help scenario practice?
The ORX Scenario Library helps you see how your scenarios compare to those of your peers. You can use the scenarios in the library in workshops as examples and to facilitate discussion.
You can also benchmark your submissions, comparing severity estimates; financial and non-financial impacts; risk drivers; and likelihood. To make this easy for our subscribers we've created some standard reports on the library.
Standard reports
Scenario list report
Scenario card report
Scenario portfolio benchmark report
Scenario focus report
Scenario list report
This report provides all of the scenarios in an excel-like format. Each subscriber can download the report and share it with their team. Subscribers can also filter by Business Line, Event Type, Scenario Location, Scenario Category and Impact Rank.
This report is particularly useful if you are interested in understanding the most common scenarios used by the industry and it allows you to easily leverage the scenario descriptions, risk drivers, and financial impacts.
Scenario card report
This report provides each Scenario in a 1-page view which is easy to digest for those less familiar with the ORX Scenario Library. It is most valuable when filtered and has the same filter options as the list report.
This report is often used to help workshop facilitator(s) facilitate the discussion, and challenge/validate current assumptions around impact, description & financial impacts
Scenario portfolio benchmark report
With this report you can compare your uploaded portfolio to the industry and peers and spot potential gaps in your portfolio of severe scenarios. To ensure you can compare to peers, you can filter by Business Size, Primary Business Line and Business Headquarter location.
This report allows you to understand the most material scenarios for your peers and compare them to your uploaded portfolio.
Scenario focus report
This detailed report allows you to compare specific scenarios to similar scenarios your peer have uploaded: For your uploaded scenarios you can compare:
- - Income adjusted severity
- - Income adjusted severity per year
- - Financial and Non-financial Impacts
- - Risk Drivers
This report provides you data to help you understand whether your severity, likelihood risk drivers and impacts are different to your peers and provides you with data to aid internal discussions.
"The ORX Scenario Library is used a reference as well as a guide to identify relevant scenario topics trending across the globe and our local geography. Sometimes, these topics help us to drive internal discussions with stakeholders to identify unexpected risks and associated narratives."
ORX Scenarios subscriber
Latest reports on the library
Access the library with ORX Scenarios
The Scenario Library is only available to firms that subscribe to ORX Scenarios.
As well as access to a unique industry library, ORX Scenarios provides you with research, practice benchmark studies and guides to creating scenarios. By subscribing to the service, you also become part of a specialist global practitioner network that share ideas and discuss challenges and solutions. You don't need to be a member of ORX to subscribe to ORX Scenarios.
"We chiefly use the ORX Scenario library to support the process of the assessment of the most significant scenarios. The risk drivers and the cost components facilitate the estimations of the SMEs."
ORX Scenarios subscriber
Enhance your scenario programme with the Scenario Library

Analyse
what the most material scenarios are for your peers

Leverage
the full database as inspiration when developing or refreshing your scenarios

Deep-dive
into your individual scenarios and compare severity, likelihood, risk drivers and impacts to similar peer scenarios