How To Fix RY481 - Volatility not found for volatility type & and underlying & on &

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 481

• Message text: Volatility not found for volatility type & and underlying & on &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RY481 - Volatility not found for volatility type & and underlying & on & ?

  The SAP error message RY481 indicates that the system could not find the volatility data for a specified volatility type and underlying asset on a given date. This error typically occurs in the context of financial instruments, particularly in the area of derivatives and options pricing, where volatility is a critical input.
  Cause:
  
  Missing Data: The volatility data for the specified volatility type and underlying asset may not have been maintained in the system.
  Incorrect Configuration: The volatility type or underlying asset may not be correctly configured in the system.
  Date Issues: The date specified may not have any associated volatility data, either because it is in the future or because the data has not been updated for that date.
  Data Source Issues: If the volatility data is sourced from an external system or feed, there may be issues with the data feed or integration.
  
  Solution:
  
  Check Data Maintenance: Verify that the volatility data for the specified volatility type and underlying asset has been correctly maintained in the system. This can typically be done through transaction codes related to financial instruments or volatility management.
  Review Configuration: Ensure that the configuration for the volatility type and underlying asset is correct. This may involve checking the settings in the relevant customizing transactions.
  Update Data: If the volatility data is missing for the specified date, you may need to update the data. This could involve entering new volatility data or ensuring that the data feed is functioning correctly.
  Consult Documentation: Review SAP documentation or help resources for specific instructions on how to maintain volatility data and troubleshoot related issues.
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAC3 (for maintaining volatility types) or OAC4 (for maintaining volatility data).
  Customizing Settings: Check the customizing settings in the SAP system related to financial instruments and volatility management.
  Data Sources: If using external data sources, ensure that the integration is functioning correctly and that the data is being updated as expected.
  Documentation: Refer to SAP Help Portal or SAP Notes for specific guidance on handling volatility data and related error messages.
  
  By following these steps, you should be able to identify the cause of the RY481 error and implement a solution to resolve it.