This compound is primarily utilized in the field of organic synthesis, particularly as a chiral catalyst or ligand in asymmetric reactions. Its unique structure, featuring a trifluoromethyl group and a dioxaphosphepin ring system, makes it highly effective in inducing enantioselectivity. It is often employed in the synthesis of complex molecules, such as pharmaceuticals, where controlling the stereochemistry is crucial. Additionally, its sulfonamide moiety enhances its stability and reactivity, making it suitable for use in demanding chemical environments. The compound is particularly valued in the production of optically active intermediates, which are essential in the development of drugs and fine chemicals.