Skip to content
About Us Insight platform ORX News platform Create an account
Login

Showing results for ""

Unfortunately, no results match your current query

    Service

    ORX Membership

    Community

    Risk Management Community

    Risk programme

    Risk Landscape

    Report July 2024

    The H1 2024 Top Risk Review provides insights into the key current top operational risks facing the financial services industry.

    175 risk experts from 84 financial firms took part in the survey.

    The participants came from the first, second and third lines of defence in both the banking and insurance sectors, with responses from individuals based in Africa, North and South America, Asia-Pacific, and Europe.

    ORX members can log in to download the report and read the findings in full.

    How to use this report

    The Top Risk Review can be used in a number of ways to support your operational risk function, including:

    Benchmarking

    The Top Risk Review has been designed around the ORX Operational Risk Reference Taxonomy. Use this report to benchmark your views on material risks against the rest of the industry, as well as consider how they could impact your current risk profile.

    Insights

    (including actions being taken)

    Our in-depth analysis of material risk factors highlights specific insights from members, including region or industry. These insights can be used to help shape future risk initiatives, such as scenario planning, operational resilience developments, or risk quantification. Our analysis also includes details of actions firms are taking in response to these threats, which can be incorporated into your own processes. 

    Understanding/documenting risk drivers and management actions

    Our detailed appendices include lists of risk drivers and current/planned management actions for each risk category. Use these resources to help understand an document your emerging risks for your senior stakeholders.

    Listen for highlights from the report

    Listen to the podcast episode on Key findings and outcomes of the Top Risk Review H1 2024 for an overview of the report headlines.
    You must have cookies enabled to view this podcast embed. To do so, review your cookie settings here.

    Gated content start

    This report was produced as part of ORX Membership

    Want to access this resource?

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

    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

    contact-icon