How To Fix RY509 - No volatility shift for security class & price type &

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 509

• Message text: No volatility shift for security class & price type &

What causes this issue?

No volatility could be found for the security class &V1&(&V2&) 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 RY509 - No volatility shift for security class & price type & ?

  The SAP error message RY509, which states "No volatility shift for security class & price type &," typically occurs in the context of financial instruments and derivatives within the SAP system, particularly when dealing with pricing and risk management.
  Cause:
  The error indicates that the system is unable to find a volatility shift for the specified security class and price type. This can happen for several reasons:
  
  Missing Data: The volatility shift data for the specified security class and price type may not be maintained in the system.
  Incorrect Configuration: The configuration settings for volatility shifts may not be set up correctly in the system.
  Data Inconsistency: There may be inconsistencies or errors in the underlying data that prevent the system from retrieving the necessary volatility information.
  Security Class or Price Type Issues: The specified security class or price type may not be valid or may not have been defined in the system.
  
  Solution:
  To resolve the RY509 error, you can take the following steps:
  
  
  Check Data Maintenance:
  
  Verify that the volatility shifts for the specified security class and price type are correctly maintained in the system. This can usually be done in the relevant configuration or master data transaction.
  
  
  
  Review Configuration:
  
  Ensure that the configuration settings for volatility shifts are correctly set up. This may involve checking the settings in the SAP configuration (SPRO) related to financial instruments and derivatives.
  
  
  
  Validate Security Class and Price Type:
  
  Confirm that the security class and price type you are using are valid and correctly defined in the system. You may need to consult with your SAP administrator or financial team to ensure that these classifications are accurate.
  
  
  
  Check for Updates:
  
  If you are using a specific version of SAP, ensure that you have the latest updates and patches applied, as these may contain fixes for known issues.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to volatility shifts and financial instruments for any additional guidance or troubleshooting steps.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration or version.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in checking or maintaining volatility shifts, such as those related to financial instruments (e.g., transaction codes for pricing or risk management).
  SAP Notes: Search for SAP Notes related to error RY509 in the SAP Support Portal, as there may be specific notes addressing this error with additional context or solutions.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, providing insights or solutions from other users.
  
  By following these steps, you should be able to identify and resolve the cause of the RY509 error in your SAP system.