IFPS was a financial modeling language created by professor Gerald R. Wagner and his students of the University of Texas at Austin

University of Texas at Austin

The University of Texas at Austin is a state research university located in Austin, Texas, USA, and is the flagship institution of the The University of Texas System. Founded in 1883, its campus is located approximately from the Texas State Capitol in Austin...

 in the late 1970s. IFPS was marketed by Execucom

Execucom

Execucom was a software company in Austin, Texas, started by professor Gerald R. Wagner of the University of Texas at Austin to market a financial modelling language called Interactive Financial Planning System . The company was acquired by Comshare in 1996....

, an Austin

Austin, Texas

Austin is the capital city of the U.S. state of :Texas and the seat of Travis County. Located in Central Texas on the eastern edge of the American Southwest, it is the fourth-largest city in Texas and the 14th most populous city in the United States. It was the third-fastest-growing large city in...

-based company started by Wagner. The company was acquired by Comshare in 1996.

IFPS was available for a variety of platforms, including IBM

IBM

International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 mainframes (VM/CMS), DEC

Digital Equipment Corporation

Digital Equipment Corporation was a major American company in the computer industry and a leading vendor of computer systems, software and peripherals from the 1960s to the 1990s...

 VAX

VAX

VAX was an instruction set architecture developed by Digital Equipment Corporation in the mid-1970s. A 32-bit complex instruction set computer ISA, it was designed to extend or replace DEC's various Programmed Data Processor ISAs...

, and DOS

DOS

DOS, short for "Disk Operating System", is an acronym for several closely related operating systems that dominated the IBM PC compatible market between 1981 and 1995, or until about 2000 if one includes the partially DOS-based Microsoft Windows versions 95, 98, and Millennium Edition.Related...

-based PCs

Personal computer

A personal computer is any general-purpose computer whose size, capabilities, and original sales price make it useful for individuals, and which is intended to be operated directly by an end-user with no intervening computer operator...

. 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

Javelin Software

Javelin Software Corporation was a company in Cambridge, Massachusetts which developed an innovative modeling and data analysis product, also called Javelin, and later Javelin Plus...

financial modeling application.

IFPS was eventually out-competed by spreadsheets.