Report

Scenario Highlight report 2024

Insights from the 2024 Scenario Library data cycle

Service

ORX Scenarios

Community

ORX Scenarios Community

Risk programme

Management, Practice & Framework

Sections

Report - August 2024

This report from ORX Scenarios provides an overview of the data collected in the 2024 Scenario Library submission cycle.

Each year, following the annual Scenario Library submission, we produce the Scenario Library Highlights Report and the Insights Into Material Risks Report, available soon. They provide:

A summary of the data within the library
An analysis of the most impactful scenario types submitted
An overview of how the library has evolved from prior years
An indication of likely future developments

Available to all ORX Scenarios subscribers, these reports can be read together to provide a deep understanding of the current scenario environment and the future landscape.

They are developed using data and information shared by over 70 institutions and provide an overall picture of operation risk scenario portfolio trends, both globally and regionally, from a variety of categorisation perspectives, including ORX Level 1, ORX Level 2, Basel and ORX Scenario categories.

1200+

Scenarios

70+

Firms participating

The Scenario Library is a comprehensive tool developed for scenario practitioners that provides access to over 1,200 quality scenarios developed by financial institutions worldwide. The library allows ORX Scenarios subscribers to assess and compare their scenarios and scenario portfolios against the industry.

Every year, each subscribing institution submits its most material scenarios through ORX’s secure Insight platform. Following rigorous quality assurance, a database of anonymised scenarios is then published, along with accompanying reports available to all subscribers to support analysis, review and benchmarking of their scenario data.

Following the 2024 annual data cycle, the ORX Scenario Library now contains 1288 scenarios submitted by 73 firms. The most common ORX Level 1 risk types against which these scenarios are mapped in the Library are: