How To Fix T0480 - Volatilities of &1 / &2 are not up to date

SAP Error Message - Details

• Message type: E = Error

• Message class: T0 - General Treasury

• Message number: 480

• Message text: Volatilities of &1 / &2 are not up to date

Self-Explanatory Message

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• What is the cause and solution for SAP error message T0480 - Volatilities of &1 / &2 are not up to date ?

  The SAP error message T0480 indicates that the volatilities for a specific financial instrument or derivative (identified by &1 and &2) are not up to date. This error typically arises in the context of financial instruments, particularly in modules related to treasury and risk management, where accurate volatility data is crucial for pricing and risk assessment.
  Cause:
  
  Outdated Volatility Data: The primary cause of this error is that the volatility data for the specified financial instrument has not been updated in the system. This can happen if the data has not been maintained or if there is a delay in the data feed from external sources.
  Configuration Issues: There may be issues with the configuration settings in the SAP system that prevent the system from accessing or updating the volatility data.
  Data Source Problems: If the volatility data is sourced from an external provider, there may be issues with the data feed or connectivity to that provider.
  
  Solution:
  
  
  Update Volatility Data: 
  
  Navigate to the relevant transaction in SAP where volatility data is maintained (e.g., transaction code for maintaining volatilities).
  Update the volatility data for the specified financial instrument. Ensure that the data is accurate and reflects the current market conditions.
  
  
  
  Check Data Sources: 
  
  If the volatility data is sourced externally, verify that the connection to the data provider is functioning correctly. Check for any issues with data feeds or updates.
  Ensure that the data provider is supplying the latest volatility data.
  
  
  
  Review Configuration: 
  
  Check the configuration settings in the SAP system related to volatility data. Ensure that all necessary settings are correctly configured to allow for the proper updating of volatility data.
  Consult with your SAP Basis or technical team if there are any underlying issues with the system configuration.
  
  
  
  Run Batch Jobs: 
  
  If your organization uses batch jobs to update volatility data, ensure that these jobs are running as scheduled and that there are no errors in the job logs.
  
  
  
  Consult Documentation: 
  
  Refer to SAP documentation or help resources for specific instructions on maintaining volatility data for the relevant financial instruments.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing financial instruments and volatilities, such as transaction codes for treasury management.
  SAP Notes: Check SAP Notes for any known issues or patches related to volatility data management.
  User Roles and Authorizations: Ensure that the user attempting to update the volatility data has the necessary authorizations to perform this action.
  Training and Support: If you are unsure about the process, consider reaching out to your SAP support team or attending training sessions related to treasury and risk management in SAP.
  
  By following these steps, you should be able to resolve the T0480 error and ensure that the volatility data for your financial instruments is up to date.