Messaging Issues

• Messages

  • Standardization of message formats and semantics
    • Industry initiatives, gradually solving the semantics problem: FIX, TWIST, SWIFT, etc

• Messaging Infrastructure

  • Security
    • Authentication and authorization, digital signatures, encryption, non-repudiation
  • Guaranteed Message Delivery
    • Session management
    • Acknowledgements & signals
    • Retries and recovery
  • Web Services standards gradually providing Messaging Infrastructure solutions for secure, reliable delivery

• … but standardization takes time

• … profiling standards for Financial Services use takes time

• … web services only partly solve the problem

• … waiting means missed opportunities