How To Fix RY514 - Market data in yield curve & (currency &) is incorrect

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 514

• Message text: Market data in yield curve & (currency &) is incorrect

What causes this issue?

When the system was generating the market data shift, an inconsistency
occurred. One of the interest rates is negative.

System Response

No values can be calculated for the node in question in the risk
hierarchy.

How to fix this error?

Check the historical market data for yield curve &V1& in currency &V2&,
and correct the market data accordingly.
The error occurred during the following market data shift:
From
&V3& (Date: zero rate from the yield curve)
To
&V4& (Date: zero rate from the yield curve)

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY514 - Market data in yield curve & (currency &) is incorrect ?

  The SAP error message RY514 indicates that there is an issue with the market data used in the yield curve for a specific currency. This error typically arises in the context of financial applications within SAP, particularly in Treasury and Risk Management (TRM) or Financial Supply Chain Management (FSCM) modules.
  Cause:
  The error can be caused by several factors, including:
  
  Missing Market Data: The required market data for the specified currency is not available or has not been maintained in the system.
  Incorrect Configuration: The yield curve configuration may be incorrect, leading to discrepancies in the expected market data.
  Data Inconsistency: There may be inconsistencies in the market data, such as incorrect interest rates or invalid data entries.
  Currency Issues: The currency specified may not be supported or may not have the necessary market data configured.
  
  Solution:
  To resolve the RY514 error, you can take the following steps:
  
  
  Check Market Data:
  
  Verify that the market data for the specified currency is correctly maintained in the system. This can be done by checking the relevant transaction codes (e.g., transaction code TCURR for exchange rates or FTR_CREATE for financial transactions).
  Ensure that the yield curve data is up-to-date and accurately reflects the current market conditions.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the yield curve in the SAP system. Ensure that the yield curve is correctly defined and that all necessary parameters are set.
  Use transaction code SPRO to navigate to the relevant configuration settings and verify that everything is set up correctly.
  
  
  
  Data Consistency Check:
  
  Run consistency checks on the market data to identify any discrepancies or errors. This may involve using specific reports or tools within SAP to validate the data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to yield curves and market data for additional guidance on resolving this error.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide specific notes or patches that address the issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE, FTR_EDIT, and FTR_DISPLAY for managing financial transactions and yield curves.
  SAP Notes: Search for SAP Notes related to yield curves and market data issues, as they may contain specific fixes or recommendations.
  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 underlying cause of the RY514 error in your SAP system.