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

SAP Term: market data area

• Component: FS-BA-SD

• Component Name: Source Data

• Description: A component of the primary key of each piece of market data in Bank Analyzer, and hence also a component of each interface in which market data is requested. Every piece of market data is stored in a specific market data area. The market data area determines which data can be displayed, and by whom.

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• Key Concepts: 
  The market data area (MDA) is a component of the SAP Financial Services - Banking and Securities (FS-BA-SD) source data. It is used to store and manage market data, such as stock prices, exchange rates, and interest rates. The MDA is used to provide a single source of market data for all applications within the FS-BA-SD source data. 
  
  How to use it: 
  The MDA can be used to store and manage market data in a centralized location. This allows users to access the same market data from multiple applications within the FS-BA-SD source data. The MDA also provides a way to track changes in market data over time. 
  
  Tips & Tricks: 
  When using the MDA, it is important to ensure that the data is up-to-date and accurate. This can be done by regularly checking for updates and making sure that any changes are reflected in the MDA. Additionally, it is important to ensure that the MDA is properly secured to prevent unauthorized access. 
  
  Related Information: 
  The MDA is part of the SAP Financial Services - Banking and Securities (FS-BA-SD) source data. Other components of this source data include the financial services master data, financial services transactions, and financial services analytics. Additionally, the MDA can be integrated with other SAP applications, such as SAP HANA and SAP BusinessObjects.