How To Fix RY482 - Volatility not found for volatility type & and underlying & in scenario &

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 482

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

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 RY482 - Volatility not found for volatility type & and underlying & in scenario & ?

  The SAP error message RY482 indicates that the system is unable to find the volatility data for a specified volatility type and underlying asset in a given scenario. This error typically arises in the context of financial instruments, particularly in the area of derivatives and risk management, where volatility data is crucial for pricing and risk assessment.
  Cause:
  
  Missing Volatility Data: The most common cause is that the required volatility data for the specified volatility type and underlying asset is not available in the system.
  Incorrect Configuration: The volatility type or underlying asset may not be correctly configured in the system, leading to a mismatch.
  Data Not Updated: The volatility data may not have been updated or loaded into the system, especially if it relies on external data sources.
  Scenario Issues: The scenario specified may not be set up correctly or may not have the necessary data associated with it.
  
  Solution:
  
  Check Data Availability: Verify that the volatility data for the specified volatility type and underlying asset exists in the system. You can do this by checking the relevant tables or using transaction codes that display volatility data.
  Update Volatility Data: If the data is missing, you may need to load or update the volatility data. This can often be done through data import processes or by manually entering the data if necessary.
  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.
  Check Scenario Setup: Review the scenario setup to ensure that it is correctly defined and that it includes the necessary volatility data.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing volatility data and resolving related issues.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OVZ1 (for volatility types) and OVZ2 (for underlying assets) to manage and review volatility configurations.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance, especially if it involves complex configurations or integrations.
  
  By following these steps, you should be able to identify the root cause of the RY482 error and implement the necessary solutions to resolve it.