What is underlying in SAP IS-B-RA - Risk Analysis?

SAP Term: underlying

• Component: IS-B-RA

• Component Name: Risk Analysis

• Description: Financial product is used as the basic value of a derivative. For example, stocks are the underlying of an option on stocks.

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• Key Concepts: 
  Underlying is a term used in the SAP IS-B-RA Risk Analysis component to refer to the base or foundation of a risk. It is the source of the risk and can be anything from a process, system, or environment. The underlying is used to identify and analyze the risk and determine the best course of action to mitigate it. 
  
  How to use it: 
  In order to use the underlying concept in SAP IS-B-RA Risk Analysis, you must first identify the source of the risk. This can be done by analyzing the process, system, or environment that is associated with the risk. Once you have identified the underlying, you can then use it to analyze and assess the risk and determine how best to mitigate it. 
  
  Tips & Tricks: 
  When using underlying in SAP IS-B-RA Risk Analysis, it is important to remember that it is not just about identifying the source of the risk but also understanding how it affects other areas of your business. This will help you make better decisions when mitigating risks. Additionally, it is important to keep track of any changes that occur in the underlying as this can affect your risk assessment and mitigation strategies. 
  
  Related Information: 
  For more information on using underlying in SAP IS-B-RA Risk Analysis, please refer to SAP’s official documentation on Risk Analysis. Additionally, there are many online resources available that provide further guidance on using this concept in SAP IS-B-RA Risk Analysis.