A data pool is a Gateway to access the GDSN  Networks, where all necessary information to perform business transactions between trading partners is exchanged in a standardized way.
A data pool is the common point in the communication between the trading partners, provide synchronization capability of their data. This information is accessible synchronized trading partners in a common, simple, fast and accurate manner.
The information exchanged in a typical data pools master data Global Trade Item Number and GLN, as well as other core attributes, necessary for the smooth transaction of goods. For example, product description, dimensions, packaging levels, product category, company address, minimum order volume, etc.
Suppliers upload data to a data pool, which is pushed to synchronized retailers. This communication takes place under common rules and standards, with the consideration the business agreements between trading partners. Data pools are usually deployed in the cloud, within a specific region allowing them to collaborate through the data sharing mechanism with other data pools inside the same organization. A data pool enables the administrator to better distribute resources to each data pool project.
- ^“Concepts: Data Pool”. Lentiq. Retrieved 14 March 2019.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.