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FAME (Forecasting Analysis and Modeling Environment) is a
time series database A time series database (TSDB) is a software system that is optimized for storing and serving time series through associated pairs of time(s) and value(s). In some fields, ''time series'' may be called profiles, curves, traces or trends. Several ea ...
released in 1981 and owned by FIS Global.


History

The FAME software environment had several development phases during its history. Lawrence C. Rafsky founded GemNet Software Corp to create FAME in 1981. It was an independent
software company A software company is a company whose primary products are various forms of software, software technology, distribution, and software product development. They make up the software industry. Types There are a number of different types of soft ...
located in Ann Arbor, Michigan. The first version of the software was delivered to Harris Bank in 1983. The company was purchased by
CitiCorp Citigroup Inc. or Citi (stylized as citi) is an American multinational investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking giant Citicorp and financial conglomer ...
in 1984. During this time, development focused on the time series-oriented database engine and the 4GL
scripting language A scripting language or script language is a programming language that is used to manipulate, customize, and automate the facilities of an existing system. Scripting languages are usually interpreted at runtime rather than compiled. A scripting ...
. Citigroup sold FAME to private investors headed by
Warburg Pincus Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over ...
in 1994. Management focused on fixing bugs, developing remote database server access to FAME, and investing in expanding the FAME database engine. Emphasis was also placed on extending FAME by creating an object-oriented
Java Java (; id, Jawa, ; jv, ꦗꦮ; su, ) is one of the Greater Sunda Islands in Indonesia. It is bordered by the Indian Ocean to the south and the Java Sea to the north. With a population of 151.6 million people, Java is the world's mos ...
interface called TimeIQ that replicated many features of FAME 4GL in Java. This period also saw the release of the access point, which provides URL access to FAME objects in multiple output formats. SunGard acquired FAME in 2004. In 2010, Sungard merged FAME and MarketMap Data into the MarketMap brand. FIS Global acquired Sungard in 2015.


Toolkits and connectors

FAME Desktop Add-in for Excel: FAME Desktop is an
Excel ExCeL London (an abbreviation for Exhibition Centre London) is an exhibition centre, international convention centre and former hospital in the Custom House area of Newham, East London. It is situated on a site on the northern quay of the ...
add-in that supports the =FMD(expression, sd, ed,0, freq, orientation) and =FMS(expression, freq + date) formula, just as the 4GL command prompt does. These formulas can be placed in Excel spreadsheets and are linked to FAME objects and analytics stored on a FAME server. Sample excel templates for research and analytics, which act as accelerators for clients, are available in the template library. The FAME Desktop Add-in was first renamed as FAME Populator, then MarketMap Analytics. FAME Connector for MATLAB:
Matlab MATLAB (an abbreviation of "MATrix LABoratory") is a proprietary multi-paradigm programming language and numeric computing environment developed by MathWorks. MATLAB allows matrix manipulations, plotting of functions and data, implementa ...
is an environment for technical computing applications that is also used in the financial sector by fixed-income analysts, equity research groups, and investment firms. Customers can store content in FAME and use Matlab to access and model their data. The Matlab-FAME Connector uses the FAME Java Toolkit to link Matlab scripts to FAME objects. BITA Curve Connector: The BITA Curve workstation provides a platform that can link to “in database” analytics and content warehoused in FAME. Through the BITA Curve Connector, FAME users can better visualize and work with the content that they warehouse into FAME. R Interface: FAME customers have developed and released as free software an interface that links FAME objects to the open-source R statistical package. Originally developed at the
Federal Reserve Board The Board of Governors of the Federal Reserve System, commonly known as the Federal Reserve Board, is the main governing body of the Federal Reserve System. It is charged with overseeing the Federal Reserve Banks and with helping implement the m ...
, features include: * Time series adaptation of FAME to R * Frequency conformance * A set of fundamental statistical functions SASEFAME: SAS provides an interface to FAME databases called SASEFAME. This provides dynamic read-and-write access between a SAS application and FAME databases or a FAME server process TROLL Interface: TROLL’s interface to FAME provides read and write access from a TROLL application to a FAME Server or directly to a local FAME database


Development timeline

1982–1994: GemNet introduced the first release of FAME in 1983. Citicorp purchased the company in 1984. Development milestones during this period: * 1990: First FAME Remote Database Server (FRDB) – master/back – released * 1991: Data distribution services launched * 1993: Multiple Client Analytical Database Server (MCADBS) released with FAME 7.5 Before MCADBS, users could not use a thin C HLI client to leverage the power of 4GL on a remote host via client/server TCP. The 7.5 release also introduced some important 4GL features, including PostScript Reports, and database features such as global names and formulas. * 1994: FAME 7.6 made graphical and reporting enhancements as well as performance improvements. * The Mid-1990s: Standard & Poor’s, Thomson Financial, DRI, and FT Interactive Data product loaders created 1994–2004: During this period, the focus was on improving managed content delivery to onsite FAME warehouses and hosted ASP FAME servers. Milestones included: * 1997: MSCI and Russell product loaders added * 1998: FAME 8.0 with FRDB write server released * FAME Populator 4.0 released * TimeIQ (now known as FAME Java Toolkit) beta 1 was released. FAME created an object-oriented Java programming interface. * 2001: FAME 9.0 increased the FAME database size limit from 2GB to 64 GB. * 2002: FAME 9.0 for Windows released * 2003: FAME 9.0 ported to Linux * 2004: access Point (now known as FAME Web Access) with connection pooling released 2004–present: After being acquired by SunGard, FAME’s development focus shifted to the 4GL scripting language and core FAME features. Milestones included: * 2004: access Point 1.5 released * August 2005: Enterprise FAME Java Toolkit 2.2 released * December 2005: reference Point launched * March 2006: Support for 64-bit Linux and UNIX introduced in FAME 9.2 FAME 9.2 also added new 4GL debugging features, analytical functions, graphics, and reporting improvements. Other core 4GL features included the MOVE function and new forms of the SHIFT and FILESPEC functions. The FAME SEARCH command was enhanced with the PATH option. Memory support mapped FAME databases and the TUNE CACHE MEGABYTES option helped users to better manage large volume warehouses. * 2007: Pathfinder Global Formula run-time beta tested * June–September 2007: FAME 9.3 added new debugging features, including the DEBUG option and BREAK, STEP, and CONTINUE commands. FAME 9.3 also introduced new graphical features, including BUBBLE charts. * February 2008: Access Point 1.7 with Web Services released * May 2008: Site Server on Linux released * October 2008: FAME .NET Toolkit released * February 2009: FAME 10.0 released. FAME 10 opens up the environment to real-time analysis with larger database storage, as well as support for new frequencies, such as millisecond and weekly patterns. New database formats increase the maximum size to 256 GB. During this period FAME has also focused on expanding the managed content delivered to the database, as well as out-of-the-box object models that warehouse builders can leverage when loading proprietary content. * Expanded managed content provides out-of-the-box data and object models for: ** Equity pricing ** Corporate bond pricing ** Futures, commodities, and options ** Company and index fundamentals ** Company and index estimates ** Macro-economic indicators and benchmark construction * FAME 10 provides several enhanced features for creating object models, including ** Support for longer object names (up to 242 characters) and for assigning an unlimited number of user-defined attributes to an object ** Support for object names with up to 35 dimensions * December 2010: FAME 10.1 released. * December 2011: FAME 10.2 released. * March 2012: FAME 11.0 released. * June 2012: FAME 11.1 released. * December 2012: FAME 11.2 released. * March 2013: FAME 11.3 released. * June 2014: FAME 11.4 released. * November 2015: FAME 11.5 released. *


See also

*
Time series database A time series database (TSDB) is a software system that is optimized for storing and serving time series through associated pairs of time(s) and value(s). In some fields, ''time series'' may be called profiles, curves, traces or trends. Several ea ...


References


External links


Sungard FAME site

Sybase Fame Relational Gateway Technical Overview
{{DEFAULTSORT:Fame (Database) Time series software