Having a global view on everything is large banks' value-add, it's why they haven't been outcompeted by their more nimble competitors. Being able to calculate the risk of the whole bank isn't just a cool feature, it's the core value proposition of this platform.
Being able to just upload your code and run it is really cool, and if you squint it looks a bit like what the outside world is trying to set up with serverless/lambda-style platforms - just write a function, submit it, and there, it's running. (But it's worth remembering that Python is not a typical programming language; python build, dependency and deployment management is exceptionally awful in every respect, this isn't as big a pain point in other languages). Obviously there's a tension between this and having good version control, diffs, easy rollbacks etc. - but because Minevera is already designed to do all that for data (because you need that kind of functionality for modifications to your bonds or whatever), doing it this way strikes a much better compromise than something like editing PHP files directly on your live server.
What this article calls data-first design has a lot in common with functional programming. I hope that as the outside world adopts more functional programming and non-relational datastores, Minerva-style programming will get more popular. It really is a much better way to write code in many ways. The difficulty of integrating with outside libraries is a shame though.