How To Fix T8003 - Volatilities not maintained for vol.type &1 for ref.int. &2, scenario &3

SAP Error Message - Details

• Message type: E = Error

• Message class: T8 - Analysis system evaluations

• Message number: 003

• Message text: Volatilities not maintained for vol.type &1 for ref.int. &2, scenario &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message T8003 - Volatilities not maintained for vol.type &1 for ref.int. &2, scenario &3 ?

  The SAP error message T8003 indicates that there are no volatilities maintained for a specific volatility type, reference interest rate, and scenario in the system. This error typically occurs in the context of financial instruments, particularly in the areas of risk management, treasury, or financial derivatives where volatility data is essential for pricing and risk assessment.
  Cause:
  
  Missing Data: The primary cause of this error is that the required volatility data for the specified volatility type, reference interest rate, and scenario has not been maintained in the system.
  Incorrect Configuration: There may be a configuration issue where the volatility type or reference interest rate is not correctly set up in the system.
  Data Migration Issues: If data was migrated from another system, it’s possible that the volatility data was not transferred correctly.
  
  Solution:
  
  
  Maintain Volatility Data:
  
  Navigate to the relevant transaction in SAP where you can maintain volatilities (e.g., transaction code TPM1 for maintaining volatilities).
  Enter the required volatility type, reference interest rate, and scenario, and then input the necessary volatility values.
  Save the changes.
  
  
  
  Check Configuration:
  
  Ensure that the volatility type and reference interest rate are correctly configured in the system.
  Verify that the scenarios are set up properly and that they correspond to the volatility data you are trying to use.
  
  
  
  Data Validation:
  
  If you suspect data migration issues, validate the data to ensure that all necessary volatility information has been correctly imported into the system.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions on maintaining volatilities and understanding the implications of different volatility types and scenarios.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (Maintain Volatilities), TPM2 (Display Volatilities), and others related to treasury and risk management.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  Training and Documentation: Ensure that users involved in maintaining financial data are trained on the importance of volatility data and how to manage it effectively within the SAP system.
  
  By following these steps, you should be able to resolve the T8003 error and ensure that the necessary volatility data is maintained in your SAP system.