How To Fix TE167 - No delta/gamma position available; select a risk hierarchy leaf

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 167

• Message text: No delta/gamma position available; select a risk hierarchy leaf

What causes this issue?

No delta/gamma positions are available for the current selection.
As delta/gamma positions represent a derivative with respect to a
certain risk factor, they exist only on the lowest leaves of the risk
hierarchy, not on the higher, aggregated nodes.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Ensure that the cursor is
positioned on a single risk factor by choosing the <LS>Node in
Hierarchy</> button before calling up delta/gamma positions.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TE167 - No delta/gamma position available; select a risk hierarchy leaf ?

  The SAP error message TE167 "No delta/gamma position available; select a risk hierarchy leaf" typically occurs in the context of SAP Treasury and Risk Management, particularly when dealing with risk analysis and reporting. This error indicates that the system is unable to find a delta or gamma position for the selected risk hierarchy, which is necessary for the analysis you are trying to perform.
  Cause:
  
  
  Hierarchy Selection: The user may have selected a risk hierarchy node that does not have any associated delta or gamma positions. Delta and gamma positions are typically associated with specific financial instruments or portfolios, and if the selected node is a parent node or an empty node, this error can occur.
  
  
  Data Availability: There may be no data available for the selected risk hierarchy leaf. This could be due to a lack of transactions or positions that have been recorded in the system.
  
  
  Configuration Issues: There may be issues with the configuration of the risk hierarchy or the underlying data model that prevents the system from recognizing available positions.
  
  
  Authorization Issues: The user may not have the necessary authorizations to view the delta or gamma positions for the selected hierarchy.
  
  
  Solution:
  
  
  Select a Leaf Node: Ensure that you are selecting a leaf node in the risk hierarchy. Leaf nodes are the final nodes in a hierarchy that contain actual data, while parent nodes may not have associated positions.
  
  
  Check Data: Verify that there are indeed delta and gamma positions available for the selected leaf node. You may need to check the underlying data or run reports to confirm that the data exists.
  
  
  Review Configuration: If you suspect a configuration issue, review the setup of the risk hierarchy in the SAP system. Ensure that the hierarchy is correctly defined and that all necessary positions are linked to the appropriate nodes.
  
  
  Authorization Check: Confirm that you have the necessary authorizations to access the data for the selected risk hierarchy. If not, contact your system administrator to obtain the required permissions.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for additional guidance on the specific transaction or report you are using. This may provide insights into the expected behavior and any prerequisites.
  
  
  Contact Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal IT support team for further assistance.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Transaction Codes: Familiarize yourself with relevant transaction codes in SAP Treasury and Risk Management that may help you navigate the risk hierarchy and analyze positions.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to resolve the TE167 error and successfully analyze the risk positions in your SAP system.