Outline and define the pros/cons of an international clearinghouse for swap contracts and why would a CFO of a multi-national company be interested in using an international clearinghouse for swap contracts?

Paper, Order, or Assignment Requirements International Finance: Write a comparative (pros/cons) essay summarizing and backing up your three main points based on the pros/cons of an international clearinghouse for swap contracts and why would a CFO of a multi-national company be interested in using an international clearinghouse for swap contracts? The material used in this comparative essay can come from any financial academia books or published articles by any of the major financial/economic publications. Essays cannot be based on Wikipedia and investopedia reference material!!! Be sure to include quotes / citations from those financial academia books or published articles. The essay format should be structured to contain: an introduction, main body (three main points) and conclusion. The finish paper should meet the following criteria: -Clarity (easy for reader to follow and the major points are easily identified); -Relevance (writer sticks to the question and focuses on the question); -Organization (each part of the answer helps the total answer); -Depth (the writer knows various things about the question).