The Security Assertion Markup Language (SAML) is being developed by the OASIS XML-Based Security Services Technical Committee (SSTC). The Security Assertion Markup Language (SAML) is an XML-based framework for exchanging security information. This security information is expressed in the form of assertions about subjects, where a subject is an entity (either human or computer) that has an identity in some security domain.
Four 'drivers' behind the creation of the SAML standard:
1. Limitations of Browser cookies
2. SSO Interoperability
3. Web Services
4. Federation
More at: http://xml.coverpages.org/saml.html
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