Download the ORX Operational Risk Reference Taxonomy
The ORX Reference Taxonomy for operational and non-financial risks is made up of the Event Type Taxonomy, covering level 1 and level 2 risks, and the Cause and Impact Taxonomy, which provides even more insight. We've made both of them free to download – just fill in the form to get a copy of both taxonomies.
Is your taxonomy helping you manage operational risk in today's environment?
A practical resource for risk managers
The Event Type and Cause and Impact Taxonomies are designed to be practical tools that will help you manage risk effectively and efficiently. You can use them as a reference to benchmark your firm against and to improve your practice. You can also adapt them to meet your business needs.
Fill in the form to download both the Event Type and Cause and Impact Taxonomies for free.
Find out more about how to use the ORX Reference Taxonomy
Together, the Cause and Impact Taxonomy and the Event Type Taxonomy make up the ORX Operational Risk Reference Taxonomy. To help the operational risk community get the most from the ORX Reference Taxonomy, we've created guidance which is available to purchase alongside it.
The guidance includes examples and provides more detail about the taxonomies and how you can use them. It gives you detailed guidance on each level 1 risk, explains how to use flags and risk themes to add further context and insights to your data, provides information and definitions for specific cause categories and more.