Information systems are more and more connected to each other and exchange more and more data with each other. As the number of data exchanges increases, it becomes increasingly difficult to maintain an overview of how these data exchanges are performing. Although there are monitoring tools available that monitor the states of systems, there are no tools available to monitor the functional aspects of data exchanges. Due to this lack of oversight on the functional performance of data exchanges, problems can be unnoticed. As a result data quality in the involved information systems can degrade. The purpose of this study is to create a reference architecture for systems that can provide central monitoring of data exchanges with the possibility of aggregating information on different data exchanges into useful diagnostic reports. The scope of this study is focused on monitoring at the target system of a data exchange.