IFPS

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IFPS (Interactive Financial Planning System) was a financial modeling language created by professor Gerald R. Wagner and his students of the University of Texas at Austin in the late 1970s[1]. IFPS was marketed by Execucom, an Austin-based company started by Wagner. The company was acquired by Comshare in 1996.

IFPS was available for a variety of platforms, including IBM mainframes (VM/CMS), DEC VAX, and DOS-based PCs. There were a number of versions, from about 1985 including a database for storing data separately from models. IFPS seems to have been an important inspiration for the Javelin financial modeling application.

IFPS was eventually out-competed by spreadsheets.

[edit] References

  1. ^ Power, D.J. A Brief History of Decision Support Systems. DSSResources.COM, World Wide Web, http://DSSResources.COM/history/dsshistory.html, version 2.8, May 31, 2003.
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