Skip to content


ORX Membership


Risk Management Community

Risk programme

Management, Practice & Framework

Benchmark - Jan 2020

To help financial institutions with coordinating and governing the exercise, and in response to interest from our membership, we conducted a Practice Benchmark study on the governance and coordination of the operational risk ICAAP. This study was conducted following our exploration into ICAAP methodologies.

About ORX Practice Benchmarks

Individual benchmark report

ORX Practice Benchmarks evaluate the maturity of an institution’s risk management practices, and compare it to that of other participating institutions using a “three stages of development” model. Participating institutions self-assess themselves against each maturity description and then receive a customised benchmark report, showing their level of maturity against the other participants.

Trends report

As well as the individual benchmarks, we also produce a report that gives you a picture of overall industry practice. This report is available to all ORX members to download.

Executive summary

Gated content start

This Practice Benchmark is only available to ORX members

Interested in reading more?

If your firm is a member of ORX, log in or register to read this resource.

Log into the ORX website

Register for an account


Not a member? Talk to us today to discuss how you could join the ORX community.

Speak to an expert

Find out more about ORX Membership

Gated content stop


Steve Bishop

Steve Bishop

Research and Information Director, ORX


Become a member of ORX

Book a call to find out how ORX can support operational risk management at your firm.

Talk to us today