Data Exchange Protocol Sample Clauses
The Data Exchange Protocol clause establishes the rules and procedures for how parties will share, transmit, and receive data under the agreement. Typically, it outlines the formats, security measures, and communication channels to be used, and may specify timelines for data delivery or requirements for data integrity. By clearly defining these processes, the clause ensures that both parties have a mutual understanding of how data will be handled, reducing the risk of miscommunication, data loss, or security breaches during the course of their collaboration.
Data Exchange Protocol. The Financial Institution will perform the data matching requirements under this Agreement using Secure File Transfer Protocol (SFTP) by:
1. Employing or contracting with a third-party service provider.
2. Exchanging data files directly with the Department.