Top Risk Review H1 2025

Report - May 2025

The H1 2025 Top Risk Review provides insights into the key current top operational risks facing the financial services industry – including banks and insurers.

194 respondents from 86 financial firms took part in the survey.

Our latest Top Risk Review finds high overall score increases across the material risk landscape, but the risk rankings remain stable. This is primarily driven by the external environment, in particular geopolitical and regulatory uncertainties, as well as technological developments. As such, the report focuses throughout on how artificial intelligence (AI) and geopolitical factors are impacting across the risk profiles.

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