How To Fix RY508 - Insufficient historical security prices for class & price type &

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 508

• Message text: Insufficient historical security prices for class & price type &

What causes this issue?

The historical time period for security class &V1& (price type &V2&) has
not been provided with enough data. Thus, no shifts can be stored for
this risk factor.

System Response

The system cannot calculate on the affected node on the risk hierarchy.
This means that, during the VaR calculation, the node does not contain
any values for the risk.
This does not result in any further error messages at a later stage in
the process.

How to fix this error?

Maintain the historical market data for security class &V1&(&V2&), or
set the error tolerance higher. Currently, only &V3& historical market
data can be missing.
If the risk factor is no longer relevant to the risk calculation, you
can remove it from the risk hierarchy. However, this is only to be done
if you are sure the risk factor is no longer needed.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY508 - Insufficient historical security prices for class & price type & ?

  The SAP error message RY508 indicates that there are insufficient historical security prices for a specific class and price type. This error typically arises in the context of financial applications within SAP, particularly when dealing with securities and their valuations.
  Cause:
  
  
  Missing Data: The primary cause of this error is that the system does not have enough historical price data for the specified security class and price type. This can happen if:
  
  The security has not been traded for a long time.
  Historical price data has not been maintained or has been deleted.
  The price type specified does not have any associated historical data.
  
  
  
  Configuration Issues: There may be configuration issues in the system that prevent the retrieval of historical prices.
  
  
  Data Migration Issues: If data was recently migrated into the system, it’s possible that historical prices were not included or were incorrectly mapped.
  
  
  Solution:
  
  
  Check Historical Prices: Verify if historical prices exist for the specified security class and price type. You can do this by:
  
  Navigating to the relevant transaction in SAP (e.g., using transaction codes like S_P00_07000139 for price history).
  Checking the price history for the security in question.
  
  
  
  Data Maintenance: If historical prices are missing, you may need to:
  
  Manually enter the missing historical prices.
  Ensure that the data feed or interface that populates historical prices is functioning correctly.
  
  
  
  Configuration Review: Review the configuration settings for the security class and price type to ensure they are set up correctly. This may involve:
  
  Checking the settings in the SAP Customizing Implementation Guide (IMG).
  Ensuring that the price type is correctly defined and linked to the appropriate data sources.
  
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling historical price data for securities.
  
  
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance. They may be able to provide insights based on system logs or specific configurations.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing securities and historical prices, such as SE38 for executing reports or S_P00_07000139 for price history.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide patches or additional guidance.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify the root cause of the RY508 error and implement a solution to resolve it.