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Employee benefits provider Asperity Employee Benefits has ranked number 2 in the 11th annual Sunday Times Tech Track 100 league table, which ranks Britain's one hundred privately-owned technology, media and telecoms (TMT) companies with the fastest-growing sales over the last three years.

Companies are ranked by their compound annual growth rate (CAGR) in sales over their latest three financial years between 2007 and 2010, or 2008 and 2011.

Asperity has achieved an annual growth in sales of 266.52% in the last three years, ranking the London-based employee benefits provider second behind online money lender Wonga.com, which has seen annual growth of 361.29% over the same period.

Whilst other employee benefits providers have ranked in the league this year and previous years, it is the highest position that any employee benefits provider has ever achieved in the Sunday Times Tech Track 100.

Glenn Elliott, CEO for Asperity said: "I am immensely proud of everyone at Asperity for working so hard to achieve such rapid growth over the last 3 years. It's really a testament to the quality of our product and level of client service that has enabled us to enjoy such great sales figures."