How To Fix FTI014 - Convexity &1 for position &2 from contract type &3 is invalid

SAP Error Message - Details

• Message type: E = Error

• Message class: FTI - Treasury Information System

• Message number: 014

• Message text: Convexity &1 for position &2 from contract type &3 is invalid

What causes this issue?

The convexity for position &V2& has the value &V1& (greater than 100 or
less than -100). This is invalid.
The position with the error belongs to the contract type &V3&.
For loans, the combination of company code/loan number is &V2&.
For securities, the combination of company code/ID number/securities
account is &V2&.
For MM/FX/DE, the combination of company code/transaction is &V2&.

System Response

All the market data transferred from the risk management component is
set to zero. Apart from this, the system continues with the selection.

How to fix this error?

Check the data used as a basis for calculating the market data, such as
the yield curves defined in the system.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTI014 - Convexity &1 for position &2 from contract type &3 is invalid ?

  The SAP error message FTI014, which states "Convexity &1 for position &2 from contract type &3 is invalid," typically occurs in the context of financial instruments, particularly in the area of treasury and risk management. This error indicates that there is an issue with the convexity value associated with a specific position in a financial contract.
  Cause:
  
  Invalid Convexity Value: The convexity value specified for the financial position is not valid. This could be due to incorrect data entry or a misconfiguration in the system.
  Missing Configuration: The contract type may not have the necessary configuration or settings to handle convexity calculations.
  Data Inconsistency: There may be inconsistencies in the data related to the financial instrument, such as missing or incorrect parameters.
  System Updates: If there have been recent updates or changes to the system, it may have affected the way convexity is calculated or stored.
  
  Solution:
  
  Check Convexity Value: Verify the convexity value for the specified position and contract type. Ensure that it is within acceptable limits and correctly entered.
  Review Contract Type Configuration: Check the configuration settings for the contract type in question. Ensure that all necessary parameters for convexity calculations are properly defined.
  Data Validation: Validate the data associated with the financial position. Look for any missing or incorrect entries that could lead to this error.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on handling convexity in the context of your financial instruments.
  System Support: If the issue persists, consider reaching out to your SAP support team or consulting with a technical expert who can analyze the system configuration and data integrity.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP that pertain to financial instruments, such as FTR_EDIT (for editing financial transactions) or FTR_CREATE (for creating financial transactions).
  Training and Documentation: Ensure that users handling financial instruments are adequately trained on the system and understand how to manage convexity and related parameters.
  
  By following these steps, you should be able to identify the root cause of the FTI014 error and implement the necessary solutions to resolve it.