How To Fix RY365 - Volatility type &1: No statistic type is assigned

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 365

• Message text: Volatility type &1: No statistic type is assigned

What causes this issue?

For the creation of random walks, a statistics
type is required for the definition of the element category.

System Response

Cash Flow at Risk calculation is not performed.

How to fix this error?

Adapt the setting in the volatility type, or use a different one.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY365 - Volatility type &1: No statistic type is assigned ?

  The SAP error message RY365, which states "Volatility type &1: No statistic type is assigned," typically occurs in the context of SAP's Financial Services or Risk Management modules, particularly when dealing with financial instruments and their associated volatility types.
  Cause:
  This error indicates that a volatility type (identified by &1) has not been assigned a corresponding statistic type in the system. Volatility types are used in various financial calculations, and without a statistic type, the system cannot perform the necessary computations or analyses.
  Solution:
  To resolve this error, you need to assign a statistic type to the specified volatility type. Here are the steps to do this:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the relevant configuration area for volatility types. This is usually found under the Financial Services or Risk Management modules.
  
  
  
  Find the Volatility Type:
  
  Look for the configuration settings related to volatility types. This may be under a path like Risk Management -> Market Risk -> Volatility Types.
  
  
  
  Assign Statistic Type:
  
  Locate the volatility type that is causing the error (replace &1 with the actual volatility type number).
  Check if a statistic type is assigned. If not, you will need to assign an appropriate statistic type that fits the requirements of your financial instruments.
  
  
  
  Save Changes:
  
  After assigning the statistic type, save your changes.
  
  
  
  Test the Configuration:
  
  After making the changes, test the functionality that was previously generating the error to ensure that the issue is resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or help files related to volatility types and statistic types for more detailed information on how these elements interact.
  Transaction Codes: You may need to use specific transaction codes (like SPRO for configuration) to access the relevant settings.
  Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in Financial Services or Risk Management.
  
  By following these steps, you should be able to resolve the RY365 error and ensure that your volatility types are correctly configured in the system.