Capital Benchmarking

ORIC International's comprehensive annual capital benchmarking survey is the best in the market and delves into various aspects of the capital framework including:

What frequency and severity distributions are firms using within their operational risk model and what approaches are firms taking to set dependencies and determine their diversification benefit
How firms are using internal and external loss data as well as scenarios as an input to their operational risk capital modelling
How firms are incorporating risk mitigation (including the use of insurance) within their capital assessments
How capital assessments are validated and challenged given the extent to which expert judgement is applied throughout the capital process
What future modelling considerations do firms have

The survey includes over 100 questions and is completed each year by ORIC International members. (Note, the survey may also be completed by non-members on request).

The results of the survey are then discussed throughout the year as part of ORIC International's Internal Model Working Group which meets quarterly. This allows for ongoing dialogue between firms and a platform to propose future questions to be considered in the following year's survey.