How To Fix T8178 - Market data is not available for volatility of reference interest rate &

SAP Error Message - Details

• Message type: E = Error

• Message class: T8 - Analysis system evaluations

• Message number: 178

• Message text: Market data is not available for volatility of reference interest rate &

What causes this issue?

No current volatilities were found with the required volatility type.

System Response

The required function is not executed for this reference interest rate.

How to fix this error?

Maintain the interest rate volatilities.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message T8178 - Market data is not available for volatility of reference interest rate & ?

  The SAP error message T8178, which states "Market data is not available for volatility of reference interest rate &," typically occurs in the context of financial instruments or derivatives that rely on market data for pricing and risk management. This error indicates that the system is unable to find the necessary market data for the volatility of a specified reference interest rate.
  Causes:
  
  
  Missing Market Data: The most common cause is that the required market data for the specified reference interest rate is not available in the system. This could be due to:
  
  Data not being uploaded or updated in the system.
  Incorrect configuration of market data sources.
  The reference interest rate not being defined in the system.
  
  
  
  Incorrect Configuration: The configuration settings for market data providers or the reference interest rate itself may be incorrect or incomplete.
  
  
  Data Source Issues: The external data source from which the market data is pulled may be down or not providing the necessary data.
  
  
  Timing Issues: The market data may not be available at the time of the request, especially if it is dependent on specific market hours.
  
  
  Solutions:
  
  
  Check Market Data Availability: Verify if the required market data for the reference interest rate is available in the system. This can be done by checking the relevant market data tables or using transaction codes related to market data management.
  
  
  Update Market Data: If the data is missing, ensure that the market data is uploaded or refreshed. This may involve:
  
  Running a data upload job.
  Checking the integration with external data providers.
  
  
  
  Review Configuration: Check the configuration settings for the reference interest rate and the market data provider. Ensure that:
  
  The reference interest rate is correctly defined in the system.
  The market data source is properly configured and active.
  
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to manage market data for interest rates.
  
  
  Contact Support: If the issue persists, consider reaching out to SAP support or your internal IT team for further assistance. They may have access to logs or additional tools to diagnose the problem.
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08 for maintaining exchange rates.
  FTR_EDIT for managing financial transactions.
  
  
  
  Market Data Management: Understand how market data is managed within your SAP system, including how to set up and maintain data feeds from external providers.
  
  
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or workarounds.
  
  
  Documentation: Review the SAP Financial Services documentation for more detailed information on managing interest rates and market data.
  
  
  By following these steps, you should be able to identify the cause of the T8178 error and implement a solution to resolve it.