(Zurich, 16 February 2010). Today the Operational Riskdata eXchange Association (ORX) announced that it was supporting Febraban in the delivery of the 3rd annual Febraban International Operational Risk Conference being held in Sao Paulo, Brazil 12-14 May 2010. Roland Kennett, Senior Advisor, ORX, will speak at the conference.  More details on the conference are available at: http://www.febraban.org.br/riscooperacional2.htm . Click here for full Press Release.

(Zurich, 3 August 2009). Today the Operational Riskdata eXchange Association (ORX) announced that it was partnering with Incisive Media in the delivery of its annual OpRisk Asia conference being held in Singapore 15-17 September 2009. Read more

ORX (the Operational Riskdata eXchange Association) today published its 2009 Operational Risk Report. The Report sets out trends in the ORX Global Loss Database containing 135,000 loss events to an approximate value of €42 billion. Read more

Today the Operational Riskdata eXchange Association (ORX) announced the membership of three new member banks. The most recently confirmed members are:

Capital One, USA
Morgan Stanley, USA
The Bank of New York Mellon, USA

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The Operational Riskdata eXchange (ORX) and the Risk Management Association (RMA) are pleased to announce and publish categories for Product & Process Types for the collection and analysis of data on operational risks in banks.  These categories are available free at www.orx.org and www.rmahq.org as pdf downloads. Read more

Today the Operational Riskdata eXchange Association (ORX) announced the launch of a new national database service for its Canadian member banks. The service will initially involve 4 banks. Read more

Today the Operational Riskdata eXchange Association (ORX) announced the membership to two new member banks. The most recently confirmed members are:

Deutsche-Postbank AG, Germany
Standard-Chartered, UK

The two new members are the first announced by ORX in 2009. Read more

The Operational Riskdata eXchange Association (ORX), the world's leading operational risk loss data consortium for the financial services industry, today announced that it has selected IBM (NYSE: IBM) and OpenPages to help transform and web-enable its operational risk loss data capture and analytic capabilities. Read more

The Operational Riskdata eXchange Association (ORX) is pleased to announce its membership ranks have now reached 50 and represents most of the world’s leading banking institutions. The most recently confirmed members are:

Bank of Ireland Group, Ireland
Banco Bradesco, Brazil
Caixanova, Spain
FirstRand, South Africa
National Australia Bank, Australia
Wells Fargo & Co, USA

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Membership of the Operational Riskdata eXchange Association (ORX) has today reached 44 with the membership of the State Street Corporation and The Northern Trust Corporation. Read more

Membership of the Operational Riskdata eXchange Association (ORX) has today reached 42 with the membership of Rabobank. Read more

Membership of the Operational Riskdata eXchange Association (ORX) has today reached 41 with the membership of the Royal Bank of Scotland and HSBC. Read more

ORX is very pleased to announce that Roland Kennett has begun working with ORX.
 
Roland is an experienced Operational Risk manager with extensive knowledge of the financial services industry. He has worked at the forefront of operational risk management for the past twelve years developing holistic methodologies for operational risk management for several leading institutions such as Deutsche Bank, BNP Paribas and ABN AMRO. Roland was also a key player in the establishment of ORX and has filled the role of Treasurer since its incorporation - a role he has now relinquished. Read more
 

Membership of the Operational Riskdata eXchange Association (ORX) has today reached 39 with the membership of Banco Pastor and Hana Bank. Read more

The Operational Riskdata eXchange Association (ORX) today published the first ORX Operational Risk Report. The Report provides the first public overview of the ORX operational risk loss database and the high-level trends in operational risk losses observed. Read more

The Operational Riskdata eXchange Association (ORX), the world's leading operational risk loss data consortium for the financial services industry, has selected IBM (NYSE: IBM) to help its 35 member banks better analyze operational loss data from across the banking industry.  Read more

The membership of ORX, the Operational Riskdata eXchange Association, has now reached 35 banks. The six newest members come from Europe and North America and are:

Banco Português de Negócios, Portugal
Caja Laboral, Spain
Grupo Banco Popular, Spain
Lloyds TSB, United Kingdom
US Bancorp, United States of America

In total this means that ORX membership increased by 11 banks (46% increase) in 2006. Read more

Membership of the Operational Riskdata eXchange Association (ORX) today hits 30 with the joining of the Royal Bank of Canada and the BMO Financial Group. Read more

ORX, the Operational Riskdata eXchange Association, launches a new public website. The website marks a step change in the profile of the growing industry association. The website will offer users key information on the associations, its membership and its services. Read more

The Operational Riskdata Exchange Association (ORX) and Risk Management Association (RMA) and will host a Global Conference on Operation Risk (G-COR) in New York City at the Grand Hyatt on March 13-15, 2007.  Read more