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A global community shaping the future of risk management

Become part of a network of over 140 financial firms working together to strengthen strategic risk management and build resilience with ORX.

Through ORX, our community shares trusted data and practical insights to help firms understand the risk landscape and evolve their management of operational and non‑financial risk. Become a member or subscriber to access industry‑leading tools, resources and data – all purpose-built for financial services.

Find out how we can support you today

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10000+

Op risk professionals

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20+

Years of knowledge

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140+

Financial firms

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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

See who's part of the global 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.

Find out more about ORX Membership

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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.

Find out more about ORX News

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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.

Find out more about ORX Scenarios

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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.

Discover ORX Cyber

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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.

Explore our loss data services

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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.

Find out more about ORX Lite

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Reference libraries and taxonomies

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

Purchase a resource

 

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The emerging risk landscape:

Operational Risk Horizon

Insights and analysis of emerging risks

Download our latest Operational Risk Horizon report to see which risk categories are the top concerns for financial firms.


 

 

Insights and analysis snapshot:

Top operational and non-financial risk takeaways

H2 2025

Read the round-up of our key operational and non-financial risk insights from our research, group discussions and data in the second half of 2025.


 

 

The future of risk management:

Our strategic vision for operational and non-financial risk

Strategy, resilience and success: The future of operational and non-financial risk
Download the updated version of our vision report to learn how operational and non-financial risk has evolved in the last year.



 

Now launched:

Agora - A new-generation platform for secure loss data exchange and analytics

Find out more about Agora

Explore the ORX Reference Taxonomies

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Event Type Operational Risk Reference Taxonomy

Explore the ORX Event Type Operational Risk Reference Taxonomy - an up-to-date industry reference covering level 1 and level 2 risks in financial services

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Cause and Impact Operational Risk Reference Taxonomy

This taxonomy complements the Event Type Taxonomy and covers causes and impacts to provide even more insights and understanding of operational and non-financial risks.

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Supporting strategic risk management

Find out how ORX can help you manage risk and build resilience.

Talk to us today