Widely used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective hydrogenation and conjugate addition reactions. Its rhodium center, coordinated with a chiral diphosphine ligand and a cyclooctadiene group, provides high stereocontrol, making it valuable in the production of optically active pharmaceuticals and fine chemicals. The triflate anion enhances solubility and reactivity in polar organic media, allowing efficient catalysis under mild conditions. Commonly employed in the synthesis of chiral intermediates for drugs and biologically active molecules where high enantiomeric excess is required.