Definition: Bilateral exchange

Category: Data and metadata exchange

Exchange of data and/or metadata between a sending organisation and a receiving organisation where all aspects of the exchange process are agreed between counterparties, including the mechanism for exchange of data and metadata, the formats, the frequency or schedule, and the mode used for communications regarding the exchange. https://sdmx.org/wp-content/uploads/SDMX_Glossary_Version_2_0_October_2018.docx