For a colleague of mine: Financial Industry Floats Open-Source Messaging Standard for Web Services, SOA. I was recently introduced to some folks who have been working on a competing product (albeit for some time). It doesn’t surprise me that JP Morgan would try one on their own, with the goal of opening it up. Message queuing is well ingrained in the securities industry.
I will be curious to see if someone picks up on the idea of integrating these systems with Michael Stonebraker’s StreamBase.