Looks like an oncidium intergeneric hybrid of some sort, and one that needs repotting. (The pleating of the leaves on the new growth suggests the roots are not great...)
Do not separate the growths; as a "colony" the plant shares resources among the individual growths, so will be much hardier.
It is difficult to recommend specific potting media, as that varies with local supply, and what to choose depends a great deal upon your growing conditions.
That said, those plants do quite well when grown in semi-hydroponics, and I know lightweight expanded clay aggregate (LECA) is a popular growing medium in Europe, so if you want to go that way, see if you can get something with 8-16 mm particles (I prefer a coarser 10-16 cut, but it's not critical), and unpot that, cleaning off all organic matter and dead roots.
For simplicity, and ordinary flower pot with drainage holes in the bottom, when placed in a tray to hold a few cm of water, is fine. Assuming it has a hole in the bottom, the outer pot it is in now would be fine, or maybe go 2-3 cm larger diameter.
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Ray Barkalow, Orchid Iconoclast
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