Used as a highly efficient catalyst in asymmetric synthesis, particularly in enantioselective carbon-carbon bond-forming reactions. It enables selective transformations in organic synthesis, such as asymmetric hydrogenation and cross-coupling reactions, delivering high enantiomeric excess. Its chiral binaphthyl backbone provides excellent stereocontrol, making it valuable in the preparation of chiral pharmaceutical intermediates and fine chemicals. The complex is especially effective in reactions requiring mild conditions and high selectivity.