High-quality data powers good operational risk management
As you know, consistency is key for measuring and analysing operational risk loss data. The ORX Operational Risk Reporting Standards were created to make sure that all our members have access to high-quality, comparable data. But, they are now used by financial firms around the world.
Combining information & experience from op risk experts
The reporting standards are created and maintained in collaboration with a group of operational risk professionals from financial organisations around the world. We review and update them regularly to ensure they remain relevant for today's operational risk environment.
improve your data collection & reporting practices with the orx standards
Part of our mission is to promote good operational risk management beyond our membership, so our standards for both the banking and insurance industries are freely available. Download them today to start using them to support your data collection and reporting practices.
