Report

Advancing data and AI literacy in ONFR functions

From data literacy to AI literacy: Equipping tomorrow’s operational and non-financial risk function

Service

ORX Membership

Community

Data Science Community

Risk programme

Management, Practice & Framework

Sections

Report - February 2026

Data and AI skills are fast becoming the backbone of operational and non-financial risk (ONFR) management. As the industry evolves toward more forward-looking, data-driven risk management, team skills must expand beyond risk expertise.

Our recent survey and member discussions reveal a sector in transition: risk teams are moving from cautiously experimenting with new technologies to embedding data science and AI into everyday practice. Our members can read on to find out what this means in practice.

Disclaimer: ORX has prepared this resource with care and attention. ORX does not accept responsibility for any errors or omissions. ORX does not warrant the accuracy of the advice, statement or recommendations in this resource. ORX shall not be liable for any loss, expense, damage or claim arising from this resource. The content of this resource does not itself constitute a contractual agreement, and ORX accepts no obligation associated with this resource except as expressly agreed in writing. ©ORX 2026