Steve Bishop

Steve Bishop is research and information director at ORX. He is responsible for developing ORX Scenarios; data standards; the ORX Reference Taxonomy; the ORX quality assurance framework (governing loss data services); and the development of ORX services to support the management of material risks, for example the ORX Cyber service. Prior to joining ORX, he held a number of risk management positions in both banking and insurance.

Articles by Steve Bishop

Original research

An emergent taxonomy for operational risk: capturing the wisdom of crowds

In this paper, the author takes a data-driven approach and combines the individual active taxonomies of sixty large financial institutions (fifty-eight for construction and two for validation) to create a coherent new reference taxonomy: the ORX…

02 Jul 2020