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# Join our leading global risk management community
## Become part of a network of over 140 financial firms worldwide advancing operational and non-financial risk (ONFR) management with ORX.

Through ORX, our community shares insights and data, and develops strategies to advance operational and non-financial risk management. You'll also get access to industry-leading risk management tools and resources, all designed specifically for financial services.



10000+

### Op risk professionals

20+

### Years of knowledge

140+

### Financial firms

## About ORX
### ORX is the largest operational risk management association in the financial services sector.

Established in 2002 by financial firms looking to share loss data, ORX is committed to improving the management and measurement of operational risk.

Owned and driven by our member institutions, we bring together hundreds of operational risk professionals to share their knowledge, expertise and experience in the financial services industry. We are a not-for-profit industry association incorporated in Geneva, Switzerland.

Find out more about ORX

### The ORX Community



## Services to support
operational risk teams

### ORX Membership

Join ORX Membership to benefit from industry-leading operational risk support and resources. Through ORX Membership, your firm can access operational risk loss data, join research and benchmarks, use our industry references, standards and libraries and become part of a global network of operational risk professionals.



### ORX Lite

ORX Lite offers a streamlined way for banks, insurers, and asset management firms to access key operational risk resources without committing to full membership. With ORX Lite, you'll gain access to essential insights, selected resources and the opportunity to join one of the ORX events.



### ORX News

ORX News is an industry-leading provider of publicly reported operational risk loss events from around the world. It is a single source for data and analysis, specifically covering the banking, insurance and asset management sectors.



### ORX Scenarios

Join a global network of op risk scenario practitioners and get the tools, resources and knowledge needed for effective scenario identification, assessment, quantification and validation practices.



### ORX Cyber

ORX Cyber was created specifically for cyber and information security risk professionals in the second line of defence. It combines cyber event data exchange with collaboration and research to provide the insights and information needed to effectively manage this key risk.



### Loss data services

Through ORX Membership, you can access our Global Banking and Global Insurance operational risk loss data. The databases contain over €500bn worth of losses from the financial sector. We also provide regional loss data services which are available to members and non-members of ORX.



### Reference libraries and taxonomies

Through ORX Select, you can purchase award-winning operational risk reference libraries and taxonomies to improve your practice and processes.





## Most recent operational risk resources

November 2025

### Skills Strategy for Operational and Non-Financial Risk

Discover the skills risk leaders say are essential for the future of ONFR management, and how firms are adapting to attract and retain them.

October 2025

### Top Risk Review H2 2025

The Top Risk Review highlights key operational risks in financial services, and includes focuses on top risks and digital assets and strategies for effective risk management.

October 2025

### Scenario Analysis Workbook Series

The Scenario Analysis Workbook series from ORX Scenarios provides practical guidance on developing, analysing and reviewing scenarios

View all ORX resources

### The ORX Community

##### Coming soon:
#### Agora - A new-generation platform for secure loss data exchange and analytics



### Standards, Taxonomies &  Libraries:
## ORX Reference Process and Service Library

The ORX Reference Process and Service Library is an essential reference guide to typical processes and services within financial organisations, covering both banks and insurers. Available to ORX members and to purchase.



### Standards, Taxonomies &  Libraries:
## ORX Reference Risk Indicator Library

This comprehensive library of risk indicators is based on an extensive data set collected from more than 50 banking and insurance ORX members.. Available to ORX members and to purchase.



### Standards, Taxonomies &  Libraries:
## ORX Reference Control Library

A first of its kind for banks and insurers, the ORX Reference Control Library helps you understand your controls and develop your own library. Available to ORX members and to purchase.



### Standards, Taxonomies &  Libraries:
## ORX Reference Taxonomy

Discover our award-winning operational risk taxonomy for the current risk landscape. The ORX Reference Taxonomy is made up of the Event Type Taxonomy and the Cause and Impact Taxonomy. Available to ORX members, ORX Lite subscribers and to purchase.



## Get in touch

To find out more about ORX or to see how we can support you get in touch with us.



## Latest blogs and updates

ORX Scenarios Community

### North American Scenarios Forum 2025: Key insights and emerging risk trends

Following the European Scenarios Forum held in London in June, we recently held our second in-person forum of the year, an event kindly hosted by Wells Fargo at their New York offices. We were...

Press release

### Top Risk Review H2 shows fraud risks surging across the financial sector

Despite stability across most top risks, our latest Top Risk Review H2 highlights a sharp escalation in fraud exposure driven by AI advancements and a volatile geopolitical environment. Both External...

ORX Membership Community

### LeadersConnect discussion summary: Emerging risks – priorities and management

In September 2025, ORX brought together risk leaders from across our membership to discuss their current emerging risk priorities. This note summarises what we found. The discussion was facilitated...

View all blogs

## Latest podcast episodes

ORX News

October 2025

### ORX News Podcast October 2025

In this podcast episode, the ORX News team cover the top 5 losses of September 2025, Business Disruption Data Deep Dive, latest spotlight story, and more.

ORX News

September 2025

### ORX News Podcast September 2025

In this podcast episode, the ORX News team cover the top 5 losses in August 2025 and the latest content updates across the service.

ORX Membership

September 2025

### Operational synergies: Linking risk and resilience for better outcomes

Explore how firms are integrating operational risk and resilience frameworks in the latest ORX podcast, featuring insights on challenges, opportunities, and regulatory impacts.

All podcast episodes

Operational Riskdata eXchange Association (ORX),
c/o VISCHER Genève Sàrl, Rue du Cloître 2,
1204 Genève, Switzerland 01225939669

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