Operational Risk Data Exchange Association (ORX)

The Operational Risk Data Exchange Association (ORX) is a global, nonprofit organization that helps financial institutions share confidential information about operational risks—such as fraud, systems failures, or process breakdowns. By pooling data, members can better understand common risk patterns, improve their risk management practices, and identify emerging threats. ORX promotes industry collaboration, enhances data quality, and supports more accurate risk measurement, ultimately helping financial firms operate more securely and resiliently in a complex environment.