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.

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.

Jan 10, 2025 · Find out which operational risk loss events have had the most impact in the monthly top five losses of Q4 2024 from ORX News.

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Below are the level 1 event types in the ORX Reference Taxonomy (2019). For the level 2 event types, see page 10. During 2020, ORX plan to produce a corresponding cause and impact taxonomy, in addition to progressing work on controls, in order to provide an even more comprehensive reference. © ORX 2019

Nov 21, 2024 · Yes, although there are 4 ORX RF ports, the chip internally has 2 Digital paths only which means ORX1/2 uses one digital path and ORX3/4 uses another digital path. Hence, you can not use ORX1/2 same time, applies to ORX3/4 as well.

Download the ORX Reference Taxonomy for level 1 and 2 operational and non-financial risks to help make your risk management more effective.