A subsidiary is a limited company controlled by a parent company, usually because the parent owns more than half of the votes. Together they form a corporate group.
Each subsidiary must keep its own share ledger. In larger corporate groups ownership quickly becomes complex, and NVR makes it easy to keep all the companies' shareholder registers up to date in the same view.

A parent company is a company that owns and controls one or more subsidiaries.
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A corporate group is a group of companies where a parent company owns one or more subsidiaries.
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Voting rights are a shareholder's right to vote at the general meeting, often depending on share class.
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A share ledger is a record of a company's shares and who its shareholders are.
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