18May2024
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Python Learning Journey: From GUI Enthusiast to Revolutionizing Wealth Management Onboarding

Disclaimer: The views and opinions expressed in the vapa Swiss independent wealth management blog posts featured on this page are solely my own and do not necessarily represent the views of any institutions or organisations I may be associated with. These posts are intended to share personal insights and perspectives and should not be interpreted as official statements or positions of any affiliated entities.

For the past two weeks, I have been attending Coursera training courses for Python. It’s a challenge for me as a GUI gourmand. As a fan of stunning graphical interfaces, I’ve always trusted things to work on the back end without understanding the rules behind them. Learning python helped me to understand the importance of precision in such a concise programming language. Kudos to all Python programmers.

Although it was challenging to get the first diploma, I enjoyed learning such a well-readable language. Python allows so many possibilities and APIs. I am excited to employ it in my work, especially after this weekend’s lesson regarding scrapping and analysing internet data.

It would be gigantic if new wealth management clients could also count on a precise onboarding standard. With the automatic exchange of information, we could abolish the current AML regulations, which are difficult to programme. It should be up to the respective tax office to do plausibility checks on wealth increase and justify the source of funds to prevent tax evasion or other criminal offences.

Tax authorities, as the lowest common denominator, should help their taxpayers and an entire industry to eliminate the general AML suspicion coupled with non-standardised assessment procedures. You have the data.

Source: LinkedIn

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An individual engaging with Python code on a computer, showcasing the journey from GUI development to innovating wealth management processes.

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