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Message type: E = Error
Message class: TE - Market Risk Management
Message number: 719
Message text: Error while calculating the volatility of an underlying (&)
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.
Unfortunately, there isn't any extra information in this error notice.
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Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.
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TE719
- Error while calculating the volatility of an underlying (&) ?The SAP error message TE719, which indicates "Error while calculating the volatility of an underlying," typically occurs in the context of financial applications within SAP, particularly when dealing with derivatives or financial instruments that require volatility calculations.
Causes:
- Data Issues: The underlying asset data may be incomplete or incorrect. This can include missing market data, such as historical prices or implied volatility data.
- Configuration Problems: There may be issues with the configuration settings in the SAP system related to the financial instruments or the volatility calculation methods.
- Market Data Feed Issues: If the system relies on external market data feeds, any disruption or incorrect data from these sources can lead to this error.
- Calculation Methodology: The method used for calculating volatility may not be properly defined or may not be applicable to the specific underlying asset.
- Software Bugs: There may be bugs or issues in the version of the SAP software being used that affect volatility calculations.
Solutions:
- Check Data Integrity: Verify that all necessary data for the underlying asset is complete and accurate. This includes checking historical price data and any other relevant market data.
- Review Configuration Settings: Ensure that the configuration settings for the financial instruments and volatility calculations are correctly set up in the SAP system.
- Validate Market Data Feeds: If using external data feeds, check their status and ensure that they are providing accurate and timely data.
- Examine Calculation Method: Review the volatility calculation method being used to ensure it is appropriate for the underlying asset. Adjust the method if necessary.
- Consult SAP Notes: Check the SAP Support Portal for any relevant notes or patches that address this specific error. There may be updates or fixes available.
- Contact SAP Support: If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance.
Related Information:
By following these steps, you should be able to identify the root cause of the TE719 error and implement a solution.
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