Orx Association

ORX is the leading operational risk association in financial services. Established in 2002, we now work with a global community of 120+ financial organisations. As a not-for-profit association, our member-centric approach fosters collaboration among operational risk professionals worldwide, facilitating the exchange of invaluable expertise and insights. We were first set up with the goal of enabling banks to securely and confidentially exchange loss data. However, through ORX Membership and our other services, we now empower banks and insurers with leading-edge research, unique collaboration opportunities and loss data to bolster their operational risk management strategies. Our vision is to ensure financial institutions are prepared and resilient, protecting the global economy and all of us from the inevitable risks in our constantly evolving world. Our success is based on three pillars: 1. Community & collaboration - ORX is built on a platform of sharing and working together. Our community shares insights, knowledge and data, developing best practice. The success of everything we do rests on this. 2. Data & standards - Consistent standards and good-quality data are the cornerstones of managing and measuring operational and non-financial risk. We develop foundational standards for the industry and provide our community with vital operational risk data. 3. Developing solutions - We want our members to manage the risks in today’s fast-changing landscape. That’s why we’re constantly innovating and developing new solutions and approaches. As well as ORX Membership, we also offer three premium services which you don't need to be a member to subscribe to: ORX News - Global op risk events at your fingertips ORX Scenarios - Tools, resources and community to support scenario practice ORX Cyber - Data, insights and information tailored for the second line Visit www.orx.org to find out more about ORX Membership and our other services.