How To Fix TE245 - Selection of volatilities and correlations not possible in background run

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 245

• Message text: Selection of volatilities and correlations not possible in background run

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.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TE245 - Selection of volatilities and correlations not possible in background run ?

  The SAP error message TE245, which states "Selection of volatilities and correlations not possible in background run," typically occurs in the context of financial applications within SAP, particularly when dealing with derivatives, options, or other financial instruments that require volatility and correlation data for pricing or risk management.
  Cause:
  The error usually arises due to one or more of the following reasons:
  
  
  Background Processing Limitations: The system may not be able to access the necessary data or perform the required calculations in a background job. This can happen if the job is trying to access data that is only available in the foreground or if there are restrictions on the background processing of certain functions.
  
  
  Missing Configuration: There may be missing or incorrect configuration settings related to the volatility and correlation data in the system.
  
  
  Data Availability: The required volatility and correlation data may not be available or properly set up in the system for the specific financial instruments being processed.
  
  
  Authorization Issues: The user or background job may not have the necessary authorizations to access the required data or perform the calculations.
  
  
  Solution:
  To resolve the TE245 error, you can take the following steps:
  
  
  Run in Foreground: If possible, try running the transaction or report in the foreground instead of the background. This can help determine if the issue is related to background processing limitations.
  
  
  Check Configuration: Review the configuration settings related to volatilities and correlations in your SAP system. Ensure that all necessary data is correctly set up and available.
  
  
  Data Verification: Verify that the required volatility and correlation data is available in the system. Check if the data is correctly maintained for the financial instruments you are working with.
  
  
  Authorization Check: Ensure that the user or background job has the necessary authorizations to access the required data. You may need to consult with your SAP security team to verify and adjust authorizations as needed.
  
  
  Consult Documentation: Refer to SAP documentation or notes related to the specific transaction or report you are using. There may be specific guidelines or known issues that can provide additional insights.
  
  
  Contact SAP Support: If the issue persists after trying the above steps, consider reaching out to SAP support for further assistance. They may have additional insights or patches that can resolve the issue.
  
  
  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 the transaction codes related to volatility and correlation management in your SAP system.
  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 diagnose and resolve the TE245 error in your SAP environment.