How To Fix T8061 - No volatilities for scenario &1, curve &2 in currency &3

SAP Error Message - Details

• Message type: E = Error

• Message class: T8 - Analysis system evaluations

• Message number: 061

• Message text: No volatilities for scenario &1, curve &2 in currency &3

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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Smart SAP Assistant

• What is the cause and solution for SAP error message T8061 - No volatilities for scenario &1, curve &2 in currency &3 ?

  The SAP error message T8061 "No volatilities for scenario &1, curve &2 in currency &3" typically occurs in the context of financial instruments, particularly when dealing with derivatives or options pricing in the SAP system. This error indicates that the system is unable to find the required volatility data for a specific scenario, curve, and currency combination.
  Cause:
  
  Missing Volatility Data: The most common cause of this error is that the volatility data for the specified scenario and curve in the given currency has not been maintained in the system.
  Incorrect Configuration: There may be a configuration issue where the scenario or curve is not properly set up or linked to the required volatility data.
  Data Migration Issues: If data has been migrated from another system, it is possible that the volatility data did not transfer correctly.
  Inactive Data: The volatility data might exist but could be inactive or not valid for the specified date.
  
  Solution:
  
  Check Volatility Data: Verify that the volatility data for the specified scenario, curve, and currency is correctly maintained in the system. You can do this by navigating to the relevant transaction codes (e.g., transaction code for maintaining volatilities).
  Maintain Missing Data: If the volatility data is missing, you will need to enter the required volatility information for the specified scenario and curve. This can usually be done in the configuration settings for financial instruments.
  Review Configuration: Ensure that the configuration for the scenario and curve is correct. Check if they are properly linked to the volatility data.
  Check Validity Dates: Ensure that the volatility data is valid for the date you are trying to use it. If the data is time-sensitive, it may not be applicable for the current date.
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to maintain volatility data in your version of SAP.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing financial data, such as those for maintaining volatilities or financial instruments.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary permissions to view and maintain volatility data in the system.
  Documentation: Review the SAP Financial Services documentation for more detailed information on managing volatilities and financial instruments.
  
  By following these steps, you should be able to identify and resolve the issue related to the T8061 error message in SAP.