Yes, there is no plug-in that can do this in EI. I created that in Realflow, however getting files from realflow into EI is a nightmare.
Batch converting in O2F would be great, BUT, I am told (I don’t have it) that you still have to manually rename each file which means I would have to rename 600 files by hand. No thanks 
If Jens reads this^ Feature request 
In Realflow you create a plane and it places a blob at each normal (higher density mesh, more blobs) then you link the fountain to the plane and then they can interact (create ripples). You can then apply defoms to the plane to create waves etc. I don’t have blobmaker but I’m sure it could get close… Does it do Speed streaching? I don’t think it would take many extra features to get there… Interaction with solid bodies? Okay, that would be VERY hard to impliment 
Splashes are created with particles btw…
Ian