Britain’s Financial Conduct Authority (FCA) has adopted new market surveillance technology from the Nasdaq OMX Group, Inc., the exchange said Tuesday.

Nasdaq announced that the FCA has officially gone live with its SMARTS Integrity market surveillance platform, which aims to enhance the regulator’s monitoring of transaction reports in the UK’s financial markets. It says that the new system “provides the FCA with a surveillance platform for the detection of market abuse across financial instruments… including any underlying derivatives.”

“We are committed to providing the FCA with the most powerful surveillance technology in the industry to detect market abuse in a constantly changing marketplace,” said Paul McKeown, vice president at Nasdaq, adding that it aims to grow its presence in the regulatory environment in Europe and beyond.

Currently, SMARTS surveillance solutions operate in 50 market venues and regulators, and more than 70 market participants across 55 markets.