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

RY508 - Overview

• 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