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First Line Software, a global provider of application development and technology enablement services, and On Budget & Time, specialists in software solutions for the financial industry, announced their strategic partnership. 

PRESS RELEASE  New York, London, 20 December 2013 – First Line Software, a global provider of application development and technology enablement services, and On Budget & Time, specialists in software solutions for the financial industry, today announced their strategic partnership.

“We are excited about this strategic relationship with First Line Software”, said Gregory Prays, CEO and Co-Founder of OB&T. “First Line is one of the fastest growing custom software development firms in Eastern Europe, providing top quality service and technology solutions to companies around the world. First Line has also established itself as a thought leader in software process and methodology with its robust Agile competency. We expect to benefit from the synergy between our own deep domain expertise and First Line’s scalable pool of technical talent, a broad range of compelling technology skill sets, and global presence.”

“We are happy to work in close partnership with OB&T and to leverage their expertise in all aspects of electronic trading technology”, said Alexander Pozdniakov, CEO, First Line Software. “Moreover, both our companies share a similar culture of technical excellence, responsiveness to customers’ needs, and attention to detail. First Line can be described as a global software engineering boutique whose focus has always been on providing unique value to customers and building long lasting relationships, and we are happy to find the same philosophy and approach to customer engagements at OB&T. Our clients have always come to us for the solid software engineering skills, expert Agile delivery process, and unparalleled customer service. Together, our two firms will now be more effective at tackling larger and more challenging projects for our financial industry customers.”

About On Budget and Time

On Budget and Time is a small bespoke software firm founded by industry veterans who worked for large custom software and Fortune 500 companies in financial services.  OB&T’s work is about listening and sharing knowledge to help financial institutions and software vendors exploit opportunities that market changes bring. OB&T delivers business critical products in the shortest time-to-market and with highest attention to detail. OB&T is avid for sophisticated financial services technology and is a member of FIX Protocol.

About First Line Software

First Line Software is a premier provider of custom software development and technology enablement services, with a focus on enterprise mobility, online media, loyalty and marketing technologies, and enterprise content management. First Line provides recognized expert services to companies in North America, Europe and Asia, including Bonnier Group, Dell and Tupperware. Headquartered in the US, with sales and support office in the Netherlands, First Line operates multiple software development centers and employs 400 professionals globally.


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David Tedford

Vice President

David Tedford has over 20 years of sales experience within the IT/software industry. He excels at being immersed in a customer's environment, understanding his customers requirements, crafting solutions to meet those requirements, and ultimately providing solutions to his customers.

Vladimir Litoshenko

Senior Vice President

As the head of business development for First Line Software, Vladimir heads up business development in Western Europe and Russia.

Vladimir began his career in IT in 2002, when, as a student of Faculty of Automation of Computer Science of the First Electrotechnical University (ETU “LETI”), he began his work at The Morfizpribor Central Research Institute (CRI). Vladimir joined the StarSoft team (predecessor of First Line Software) in 2004 as a Junior Software Developer. As he gained experience with more and more projects, he was promoted to leadership roles.

Richard Leslie

UK Business Development

Richard has over 15 years of sales and account management expertise in the IT and Tech sector. He has worked on many outsourcing engagements with global companies.

David Fien


David is a business development professional with more than 20 years’ experience as a specialist in the acquisition of partnerships and IT/software services for associations, not-for profits and corporations in Australia, New Zealand and USA. He has specific expertise in the healthcare, legal and hospitality industries.