How To Fix RY513 - Yield curve &1 with currency &2 in risk hierarchy &3 is defined twice

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 513

• Message text: Yield curve &1 with currency &2 in risk hierarchy &3 is defined twice

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RY513 - Yield curve &1 with currency &2 in risk hierarchy &3 is defined twice ?

  The SAP error message RY513 indicates that there is a duplicate entry for a yield curve in the risk hierarchy. This typically occurs in the context of financial instruments and risk management within SAP, particularly in modules related to Treasury and Risk Management (TRM).
  Cause:
  The error arises when the system detects that a yield curve (identified by its name and currency) has been defined more than once within the specified risk hierarchy. This can happen due to:
  
  Duplicate Entries: The same yield curve has been inadvertently created or imported multiple times.
  Configuration Errors: Incorrect configuration settings in the risk hierarchy or yield curve definitions.
  Data Migration Issues: If data has been migrated from another system, duplicates may have been introduced.
  
  Solution:
  To resolve the RY513 error, you can follow these steps:
  
  
  Check Yield Curve Definitions:
  
  Navigate to the yield curve configuration in SAP (Transaction code: OTC1 or similar).
  Look for the yield curve specified in the error message and check if it exists more than once for the same currency in the risk hierarchy.
  
  
  
  Remove Duplicates:
  
  If duplicates are found, you will need to delete or deactivate the redundant yield curve entries.
  Ensure that only one active yield curve exists for the specified currency in the risk hierarchy.
  
  
  
  Review Risk Hierarchy Configuration:
  
  Go to the risk hierarchy settings (Transaction code: OTC2 or similar).
  Verify that the hierarchy is correctly set up and that there are no conflicting entries.
  
  
  
  Data Consistency Check:
  
  Run consistency checks or reports to ensure that there are no other inconsistencies in the yield curves or risk hierarchy.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidelines on managing yield curves and risk hierarchies.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking for duplicates and correcting any configuration errors, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OTC1 (for yield curves) and OTC2 (for risk hierarchy).
  SAP Notes: Check for any SAP Notes related to yield curves and risk management that may provide additional insights or patches.
  User Roles: Ensure that you have the necessary authorizations to view and modify yield curves and risk hierarchy settings.
  
  By following these steps, you should be able to resolve the RY513 error and ensure that your yield curves are correctly configured within the risk hierarchy.