Editing of Master Data for Benchmarks 

Use

You use this function to create, display, and change benchmarks.

Integration

Once you have created the master data for benchmarks, you need to do the following before you can use benchmarks in Portfolio Analyzer:

·       Assign benchmarks to the portfolio hierarchy

·       Create benchmark key figures in the framework of the Results Database

·       Start a benchmark run. This links the benchmark master data you created with the benchmark key figures, and calculates the benchmark values.

For more information, see Benchmarking.

Features

The system contains the following key figure categories:

·       Basic benchmark

Basic benchmarks are benchmarks that have a direct reference to market data. These include benchmarks for indexes, exchange rates, and securities.

The system also contains the key figure category Fixed Interest Rate, which you can use to store an interest rate.

·       Composite benchmark

You use composite benchmarks to combine the benchmarks you defined. You specify the weighting of each sub-benchmark in the composite benchmark. The total weights of all sub-benchmarks must be 100%.

You can use the Readjustment field in the composite benchmark to define how often the system resets the weighting to the original values. You need to enter this information, as the weighting of the sub-benchmarks in the composite benchmark can change, depending on how the values of the sub-benchmarks change over time.

If you need time periods for the readjustment other than the periods day, month, quarter, and year that are predefined in the system, then you can create them in the Customizing for Financial Supply Chain Management under Treasury and Risk Management ® Portfolio Analyzer ® Results Database ® Define Yield Ranges.

You assign a currency to each benchmark. You can also store other information in the benchmark, such as the authorization group, and you can enter comments to document any changes you make to the benchmarks.

Versioning

The system creates versions of benchmarks by means of the validity date. This enables you to create multiple versions of benchmarks, and each version can have different master data. The versions of a benchmark apply from the validity date specified through to the validity date of the next version. You can create versions for dates that are in the past.

When the system calculates the values of the benchmark, it uses the version of the benchmark master data that is valid on the evaluation date.

The benchmark category is defined when the first version of the benchmark is created. It cannot be changed. You can change other properties of the benchmark only if no key figures have been calculated for the benchmark. Note that if you change the currency of a benchmark, all the older versions of the benchmark are then assigned the new currency. It is not possible to create versions that have different currencies.

 

For more information about versioning, see the field help for the Valid From field in the selection screen of the transaction for editing the master data of benchmarks.

Activities

In Customizing choose Financial Supply Chain Management ® Treasury and Risk Management ® Portfolio Analyzer ® Benchmarks ® Edit Master Data for Benchmarks, and enter a name and validity date for the benchmark.

 

Interaction in the Selection Screen

Action	Function
Create	If the system does not contain a benchmark that has the name you entered, the system creates a new benchmark that has this name. If the system already contains a benchmark with this name, it creates a new version for the date specified.
Change	You can change the properties of the benchmark to those that are valid on the date you specify.
Display	You can display the properties of the benchmark that are valid on the date you specify. If you do not enter a date, the system displays the version that is valid on today's date. The input help for the date field contains the dates of all the versions that exist for the benchmark.
Copy	For the date specified, the system creates a new benchmark that has the same properties as the benchmark specified.
Delete	The system deletes the version of the benchmark that is valid on the date specified.
Display History	The system displays all the changes made to the benchmark specified.
Higher-Level Benchmark	The system displays all the composite benchmarks that contains the benchmark you specified.
Benchmark ® Delete Benchmark	The system deletes all the version of the benchmark specified.
Goto ® Maintain Portfolio Hierarchy Assignment	The system branches to the transaction in which you can assign the specified benchmark to a portfolio hierarchy node (see also Assignment of Benchmarks to Portfolio Hierarchy Nodes).
Benchmark ® Analysis Data	The system displays all the key figure calculations for the benchmark specified. The benchmark key figures and the evaluations periods are displayed. You can use this function to check whether there are any gaps in the calculation of key figures. If you want to change the benchmarks, you can check which key figures you need to delete before you change the benchmarks.

 

Interaction When Processing Benchmark Master Data

Action	Function
Check Benchmark	The system checks whether the definition of the benchmark is complete and consistent.
Assignment of Analysis Characteristic	The system displays the analysis characteristics that are available. You can enter values for analysis characteristics. This enables the system to link the values calculated for the benchmarks to the analysis characteristics.

 

You can display and change the master data for benchmarks from within the area menu. In the SAP Easy Access screen choose Accounting ®Financial Supply Chain Management ®Treasury and Risk Management ®Portfolio Analyzer ®Master Data ®Benchmark ®Edit Master Data for Benchmarks.