How To Fix T8163 - No market data is available for volatility type &1 for index &2

SAP Error Message - Details

• Message type: E = Error

• Message class: T8 - Analysis system evaluations

• Message number: 163

• Message text: No market data is available for volatility type &1 for index &2

What causes this issue?

The index volatility you have chosen is not defined in the database.

System Response

The function you have chosen cannot be executed for this index
volatility.

How to fix this error?

You can enter the data relating to an index volatility via the menu
path:
MARKET DATA -> CURRENT SETTINGS -> MAINTAIN INDEX VOLATILITIES

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 T8163 - No market data is available for volatility type &1 for index &2 ?

  The SAP error message T8163 indicates that there is no market data available for a specific volatility type associated with a given index. This error typically arises in the context of financial applications within SAP, particularly when dealing with derivatives, options, or other financial instruments that require volatility data for pricing or risk management.
  Cause:
  
  
  Missing Market Data: The primary cause of this error is that the required market data for the specified volatility type and index is not available in the system. This could be due to:
  
  Data not being uploaded or updated in the system.
  Incorrect configuration or settings in the market data provider.
  The specific volatility type or index not being supported or recognized by the system.
  
  
  
  Configuration Issues: There may be issues with the configuration of the financial instruments or the market data settings in SAP.
  
  
  Data Source Issues: If the system relies on external data sources for market data, there may be connectivity issues or the data source may not be providing the necessary information.
  
  
  Solution:
  
  
  Check Market Data Availability: Verify if the required market data for the specified volatility type and index is available in the system. This can be done by checking the relevant market data tables or using transaction codes that display market data.
  
  
  Update Market Data: If the data is missing, ensure that the market data is uploaded or updated in the system. This may involve:
  
  Importing data from external sources.
  Running data extraction jobs or processes that populate the market data tables.
  
  
  
  Review Configuration: Check the configuration settings related to market data in SAP. Ensure that the volatility types and indices are correctly defined and that the system is set up to retrieve the necessary data.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to configure and manage market data for financial instruments.
  
  
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance. They may be able to provide insights based on system logs or configuration settings.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OVZ1, OVZ2, or others that may be used to manage market data.
  Market Data Providers: Understand the external market data providers that your SAP system is integrated with, and ensure that they are functioning correctly.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches that address known issues.
  
  By following these steps, you should be able to diagnose and resolve the T8163 error in your SAP system.