Challenges include illiquidity and fragmentation across borders.
The Swedish technology provider has made an acquisition and raised funds for growth.
Systemic risk in settlement, harmonisation of tax processes and collateral management are among pain points.
The regulator looks to tap insights from fellow regulators.
Now trades matched between two counterparties can be cleared directly.
Firms can automate payments including notional exchanges.
Clearing allows market makers to use their balance sheet more efficiently.
The deal covers the clearing of derivatives for 10 years.
Kengeter will step down effective 31 December 2017.