How To Fix TPM_THX1454 - No market data set ID entered in hedging area &1

TPM_THX1454 - Overview

• Message type: E = Error

• Message class: TPM_THX1 - Treasury: Message Class for P-HA

• Message number: 454

• Message text: No market data set ID entered in hedging area &1

What causes this issue?

No market data set ID has been entered in hedging area &V1&. However,
in the hedging profile, the effectiveness test is defined as optional or
mandatory.

System Response

It is not possible to create a hedging relationship.

How to fix this error?

Enter a market data set in the corresponding hedging area.

Procedure for System Administrators

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.

TPM_THX1454 - Details

• The SAP error message TPM_THX1454 indicates that there is no market data set ID entered in the hedging area specified. This error typically occurs in the context of Treasury and Risk Management (TRM) when dealing with hedging transactions or financial instruments that require market data for valuation or risk assessment.
  
  Cause:
  
  Missing Market Data Set ID: The primary cause of this error is that the market data set ID, which is necessary for the valuation of the hedging instruments, has not been specified in the hedging area.
  
  Configuration Issues: There may be configuration issues in the Treasury module where the market data set is not properly defined or linked to the hedging area.
  Data Entry Errors: Users may have overlooked entering the required market data set ID during the transaction processing.
  
  
  Solution:
  
  
  Enter Market Data Set ID: 
  
  Navigate to the hedging area specified in the error message.
  Ensure that a valid market data set ID is entered.