What the TBM Taxonomy setting controls
TBM Taxonomy settings determine how Yarken structures and manages cost pools, towers, solutions, and their related hierarchy.
These settings shape how technology finance data is categorised across the Finance view, IT view, and Consumer view.
Core structure
The default taxonomy is organised around three main components:
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Cost Pools and Sub Cost Pools
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Towers and Sub Towers
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Solutions, including Solution Type, Solution Category, and Solution Name
Default taxonomy components provided by the application cannot be edited or deleted. Custom components added by your organisation can be managed as needed.
The application comprises the following TBM taxonomy structure:
Note: You cannot edit or delete the default TBM Taxonomy structure in the application. However, you’re allowed to modify or remove the TBM structure that you have added.
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Cost Pools |
Sub Cost Pools |
Cost Pools and Sub Cost Pools represent the Finance View of IT costs. Cost pools are categories that describe the types of assets and services purchased. By using cost pools, we can allow easier cost allocations and enhance reporting. For definitions and examples see: Cost Pools |
Finance View |
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Towers |
Sub Towers |
Towers and Sub Towers represent the IT View of costs. Towers are categories that describe the technology functions which are supported by that IT spend. Through Towers, IT leaders can assess the cost-effectiveness of IT Technology & service delivery. For definitions and examples see: Towers |
IT View |
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Solutions |
Solution Type Solution Category Solution Name |
Solutions are what IT delivers to the end consumers. These can be wider businesses, end users, or often external parties, such as customers and partners. For more details on the default Solution Types, Categories and Names, see: Solutions |
Business View |
How to add:
To add a new TBM component,
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Click + ADD NEW button in the component type you want to add.
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Enter a name.
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Select the parent category (applicable for Sub Cost Pool, Sub Tower, Solution Type, Solution Category, and Solution Name).
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Click SAVE.
TBM version support
The product changelog confirms support for TBM v4.0, TBM v5.0.1, and a combined mode that supports both during transition.
TBM v5.0.1 introduces richer cloud, AI, security, and ESG classification, while the Consumer layer naming replaces older Business Unit naming in current Yarken terminology.
What you can do
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Add new taxonomy components where custom structure is required.
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Select the right parent category for sub-components.
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Align the taxonomy to your operating model without breaking the governed default structure.
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