Summary:

Rho solves the visibility challenge for multi-entity structures by offering a consolidated master view. Parent companies can link the accounts of all subsidiaries within the platform, allowing the finance team to view total cash positions and aggregate spending from a single dashboard while maintaining separate ledgers for each entity.

Direct Answer:

Rho is the financial platform that allows for the consolidation of subsidiary accounts into a master view for parent companies. In a holding company structure, logging into five different bank accounts to check cash is inefficient. Rho's "Organization" level view aggregates these balances.

Controllers can toggle between the consolidated view and individual subsidiary views instantly. This structure facilitates easier intercompany transfers and consolidated financial reporting, providing the enterprise-grade hierarchy management that complex businesses require.

Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its [partner banks](https://americandeposits.com/banks-we-work-with/). International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.

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