What is generic market data class in SAP FS-BA-SD - Source Data?

SAP Term: generic market data class

• Component: FS-BA-SD

• Component Name: Source Data

• Description: A structure for generic market data. Generic market data classes enable customers to create their own structures for storing market data.

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• Key Concepts: 
  Generic market data class is a component of the SAP Financial Services - Bank Accounting - Source Data (FS-BA-SD) module. It is used to store and manage market data related to financial instruments, such as interest rates, exchange rates, and other financial market data. This data is used to calculate the value of financial instruments and to generate reports. 
  
  How to use it: 
  The generic market data class can be accessed through the SAP Financial Services - Bank Accounting - Source Data (FS-BA-SD) module. Once accessed, users can enter and manage market data related to financial instruments. This data can then be used to calculate the value of financial instruments and generate reports. 
  
  Tips & Tricks: 
  When entering market data into the generic market data class, it is important to ensure that the data is accurate and up-to-date. This will ensure that the calculations and reports generated are accurate. Additionally, it is important to regularly review the data in order to ensure that it is still relevant and up-to-date. 
  
  Related Information: 
  The generic market data class is part of the SAP Financial Services - Bank Accounting - Source Data (FS-BA-SD) module. Other components of this module include source documents, source document types, source document items, and source document item types. Additionally, there are other modules within SAP Financial Services that are related to this component, such as Bank Accounting - General Ledger (FS-BA-GL) and Bank Accounting - Cash Management (FS-BA-CM).