Discover ORX: A global community shaping risk practice
From global loss data exchange to scenario analysis, cyber risk networks and industry research, we help firms navigate an increasingly interconnected risk landscape.
How do firms engage with ORX
Operational risk loss data exchange
We facilitate a secure, anonymised global loss data exchange that enables financial institutions to benchmark against real peer experience.
Through shared reporting standards and quarterly submissions, you gain access to a depth and scale of operational loss data that cannot be replicated internally.
Participants use ORX loss data exchange service to support:
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Peer benchmarking
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Scenario development
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Capital modelling
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Risk appetite calibration
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Regulatory engagement
We operate global loss data exchanges for banking and insurance, with regional services available for banking firms as optional add-ons for members and non-members. Work is underway with the asset management community to develop dedicated loss data standards and services.
Industry research participation, resources and benchmarks
We publish industry-led research across operational and non-financial risk, shaped by peer contribution and real-world practice.
You can engage with our research in different ways:
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Access flagship annual studies such as the Operational Risk Horizon and Annual Loss Data Report
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Benchmark your priorities and approaches against peer institutions
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Contribute to targeted research projects and thematic studies
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Use our insights to inform governance, scenario design and forward planning
Executive summaries are publicly available.
Full reports and participation opportunities are available through ORX Membership and selected subscription services.
Peer forums and industry dialogue
We run invitation-only events designed for open, practical discussion among operational and non-financial risk professionals.
Our events offer:
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External perspective beyond your organisation
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Practitioner-led discussion focused on real challenges
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Confidential, non-attributable dialogue
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Insight into how peers are responding to emerging issues
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Direct access to subject matter experts
Sessions include forums, roundtables and webinars throughout the year, covering key themes such as AI, third-party risk, resilience, regulation and digital transformation.
Research collaboration and virtual exchange
In addition to our in-person forums, we run virtual research discussions and peer sessions throughout the year.
These sessions allow you to explore findings in more depth, challenge emerging themes and contribute practical experience to ongoing industry work.
Through this ongoing exchange, you can:
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Test your thinking with peers across sectors and regions
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Contribute insight to industry research and thematic studies
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Explore emerging risks in real time
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Gain perspective beyond your own institution
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Help shape evolving practice and standards
All sessions are confidential and designed to support open, informed discussion.
ORX Membership
Full access to ORX resources, including global, industry and regional loss (as an add-on) data exchanges, working groups and focused peer collaboration, with tailored engagement to meet your firm’s needs.
ORX Scenarios
Tools, benchmarks and practitioner collaboration to develop credible and defensible risk scenarios. Includes up-to-date scenario library based on real industry information and risk handbooks and workbooks.
ORX News
Industry-leading provider of publicly reported operational risk loss events from around the world. Led by our dedicated research team, providing timely, verified insights into operational and cyber risk events categorised to ORX data standards.
ORX Cyber
A dedicated service uniting second-line cyber and information security risk professionals globally, providing a trusted framework, data sharing, benchmarking and peer collaboration to strengthen oversight and drive the advancement of cyber risk management.
ORX Lite
A streamlined way to engage with the ORX community and stay aligned with industry developments without participating in loss data exchange.
ORX Industry Standards
ORX taxonomies and reference libraries available as a one-time purchase offering firms a trusted foundation for alignment, optimisation and benchmarking against industry standards.
