Active Project
Top Risk Review H2 2026
Project status
Survey live
Service
ORX Membership
& all services
Participation
Individual participation
Take the Top Risk Review survey
Get a clearer view of today's operational risk landscape with ORX's Top Risk Review. Take the short survey and find out how your perspectives on the top operational and non-financial risks compare to the wider financial services industry.
Understand the risk landscape
Part of our series on monitoring the risk landscape, the Top Risk Review provides a regular, concise view of current operational risks facing the financial services industry and the main drivers of each risk.
By joining this study, you'll help shape an industry report on the top operational and non-financial risks facing financial firms. Unlike other ORX surveys, the Top Risk Review captures personal perspectives on the operational risk landscape, allowing multiple individuals from the same organisation to participate.
Why take part:
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By contributing just a few minutes of your time, you'll receive access to a suite of insightful reports
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Use the results to ensure your organisation is prioritising the most significant risks and gain insights into your peers’ risk management practices
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See how your firm's responses compare to the wider results (if more than five people from your organisation complete the survey)
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Your personal views will be included in our material risk landscape analysis
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The more participants, the richer the data set, so please do complete the survey and share it with your colleagues
How firms use Top Risk Review insights
Participants use Top Risk Review outputs to:
- Inform risk assessments and material risk reviews
- Support annual planning and prioritisation activities
- Benchmark internal views against the industry
- Brief senior leadership on changing risk trends
“I often use the information contained in this report for data analysis which will feed into the annual thematic reviews planning process for the upcoming year.”
ORX member firm
“We use this report as a benchmark and best practices about risk management, in our reports and published articles.”
ORX member firm
“Assessing the top risks against our risk assessment process and making comparisons.”
ORX member firm
“We provide quarterly risk theme insights to senior leadership that will reference this report.”
ORX member firm
Interested in taking part in this survey?
Get in touch to find out how you can get involved in our latest Top Risk Review survey.
Timeline
Survey opens
7 September 2026
Survey closes
25 September 2026
Analysis and report writing
October 2026
Report published
November 2026
What you'll receive from the Top Risk Review
Sector-specific thematic reports
Dedicated reports for banking, insurance and asset management providing insights into:
- Key risk trends, including movement since our last review
- The factors currently influencing the risk landscape
- Regional and sector-specific insights
- How current risk perceptions compare with what we are seeing in ORX data
Material Risks in Focus report
Deep dives into individual level one risks, including materiality scores and recent trends, current driving factors and management actions. You can use these to build a fuller understanding of what's behind each risk and to help you put in place plans to manage them.
Data appendix
The results in a practical, user-friendly format, which you can use for your own analysis.
Organisational benchmark
If five or more individuals from your firm take part in the survey, you'll receive an organisational benchmark showing how your firm’s aggregated responses compare to the wider survey.
The organisational benchmark is indicative of the average scores submitted by representatives from that firm, and therefore does not necessarily reflect the institution’s official position. NB: Individual response data from colleagues will not be visible.
Not a member or ORX Lite subscriber?
If you subscribe to ORX News, ORX Scenarios or ORX Cyber, but are not a member or ORX Lite subscriber, you can take part in the survey to get access to a high-level summary report, data appendix and an organisational benchmark (if more than five people take part).
Share with your colleages to help improve the industry view
The value of the Top Risk Review comes from the breadth of perspectives captured. We encourage you to share the survey with colleagues across risk, compliance, controls, resilience and related functions.
The more participants from your organisation, the richer your firm's benchmark insights will be. Anyone working in risk-related roles can participate. They do not need an ORX account or previous involvement with ORX activities.
Take the survey today
The survey only takes around 10 minutes to complete, and your input is vital to creating a full picture of the risk landscape.
Project contact
Steve Bishop
Research and Information Director, ORX
Nikki Truss-West
Senior Manager – Data, Analytics & Insight, ORX
Lizzy Martin
Assistant Research Manager, ORX