Add scope file (#2004)

* Adding SCOPE.md [Include a detailed description of this Working Group’s Scope. This Scope is important is it establishes the bounds of each contributor's and licensee's patent commitment. For guidance on drafting an appropriate Scope, you may find [ISO's guidance (see page 5)](https://www.iso.org/files/live/sites/isoorg/files/developing_standards/docs/en/how-to-write-standards.pdf "ISO How To Write Standards Guide") helpful.] * Update SCOPE.md * Update SCOPE.md --------- Co-authored-by: Maurizio Pillitu <[email protected]>
finos · Mar 7, 2023 · 3897018 · 3897018
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+# Scope
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+The Common Domain Model (CDM) is a standardised, machine-readable and machine-executable blueprint for how financial products are traded and managed across the transaction lifecycle. It is represented as a domain model and distributed in open source.
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+There are no patents involved in the CDM.