Operational Risk Management (ORM) has become a critical discipline for organizations aiming to strengthen business continuity, safeguard against financial losses, and enhance overall resilience. As companies navigate increasingly complex operational landscapes, ORM must evolve beyond traditional risk assessments to integrate real-time data analytics, automation, and enterprise-wide risk intelligence. This report explores the evolution of ORM, its role within the IRM Navigator™ Framework, and the benefits of integrating ORM applications into broader risk management strategies.

By understanding how ORM has progressed from isolated risk controls to a strategic component of enterprise risk governance, organizations can position themselves for long-term stability and success. The ORM Vendor Compass provides insights into key trends, challenges, and opportunities in the ORM segment, equipping executives with the knowledge to implement effective ORM strategies aligned with enterprise-wide risk management objectives.

Table of Contents

Operational Risk Management (ORM) Insight Overview

• The Evolution of Operational Risk Management

• Importance of ORM in the IRM Navigator™ Framework

• Benefits of Integrating ORM Applications

ORM and the IRM Navigator™ Framework

• IRM Navigator™ – A Distinctive Risk Management Framework

• ORM's Interaction with Key Personas

• ORM's Contribution to the IRM Navigator™

• Broader Implications for Risk Management

ORM Market Segment Description and Overview

• Core Solution Components and Functional Capabilities of the ORM Segment

• Notable ORM Market Segment Characteristics

• Key Trends and Drivers in the ORM Segment

• Challenges and Opportunities for ORM Solutions

ORM Market Segment Size and Forecast

• Overall IRM Market Size and Forecast

• ORM Market Segment Size and Forecast

• Key Drivers of ORM Market Segment Growth

• The Need for ORM Integration Across All IRM Segments

• Implications for Organizations

Top Players in ORM: Analyzing the IRM Navigator™ Vendor Compass

• Vendor Categorization

• Evaluation Criteria

• Vendor Profiles

Strategic Recommendations for Operational Risk Management

Looking Forward

• The Future of Operational Risk Management

• Key Takeaways for Business Leaders

• Next Steps for Implementing an Effective ORM Strategy

Appendix

• Glossary of Terms

• Methodology for Market Analysis

• References

About Wheelhouse Advisors

• Overview of Services

• Industry Leadership in Integrated Risk Management

About Our Founder

• John A. Wheeler – Bio and Industry Contributions

Disclaimer

• Terms of Use and Confidentiality Notice