How To Fix RY551 - Volatility & not found for volatility type & for &

RY551 - Overview

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 551

• Message text: Volatility & not found for volatility type & for &

What causes this issue?

No entries were found for &V3&, nor for earlier dates for volatility
&V1& and volatility type &V2&. The search was carried out in the
central volatility market database. It could be the case that a
suitable entry was found in the underlying-specific volatility
databases.

System Response

The search is carried out in the underlying-specific volatility
databases.

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

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY551 - Volatility & not found for volatility type & for & ?

  The SAP error message RY551 typically indicates that there is an issue with the volatility type in the context of financial instruments or derivatives. This error occurs when the system cannot find the specified volatility type for the given parameters.
  
  Cause:
  
  Missing Volatility Type: The specified volatility type does not exist in the system. This could be due to incorrect configuration or data entry.
  Incorrect Configuration: The volatility type may not be properly configured in the system, leading to it being unrecognized.
  Data Entry Error: There may be a typo or incorrect reference in the transaction or report that is trying to access the volatility type.
  Master Data Issues: The master data related to the financial instruments may not be set up correctly, leading to the inability to find the volatility type.
  
  
  Solution:
  
  Check Configuration: Verify that the volatility type is correctly configured in the system. This can typically be done in the customizing settings (SPRO) under