How To Fix RY504 - No volatility shift for exchange rate &/&

RY504 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 504

• Message text: No volatility shift for exchange rate &/&

What causes this issue?

No volatility could be found for the &V1&/&V2& exchange rate which
could be used as a risk factor shift.

System Response

No VaR can be calculated for the relevant node.

How to fix this error?

Maintain the volatility for &V1&/&V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY504 - No volatility shift for exchange rate &/& ?

  The SAP error message RY504 "No volatility shift for exchange rate &/&" typically occurs in the context of financial transactions involving foreign exchange (FX) rates, particularly when dealing with derivatives or options that require volatility data for pricing or risk management.
  
  Cause:
  
  
  Missing Volatility Data: The primary cause of this error is that the system cannot find the required volatility shift data for the specified exchange rate. This can happen if the volatility data has not been maintained in the system for the currency pair in question.
  
  
  Incorrect Configuration: There may be a configuration issue in the system settings related to the handling of exchange rates and volatility shifts.
  
  
  Data Maintenance Issues: The relevant data might not have been updated or maintained correctly in the system, leading to gaps in the required information.
  
  
  
  Solution:
  
  
  Check Volatility Data: Verify that the volatility data for the specified exchange rate is correctly maintained in the system. This can typically