Attached files
Exhibit 34.4
Report of Independent Registered Public Accounting Firm
Board of Directors
BancTec, Inc.
We have examined managements assertion, included in the accompanying Managements Certification Regarding Compliance with Applicable Servicing Criteria (Managements Report), that BancTec, Inc. (the Company) complied with the servicing criteria set forth in Items 1122(d)(2)(i) and 1122(d)(4)(iv) of the U.S. Securities and Exchange Commissions Regulation AB for remittance processing services including asset-backed securities transactions involving credit card receivables conducted by Discover Card Master Trust I and Discover Card Execution Note Trust (the Platform) that were registered with the Securities and Exchange Commission pursuant to the Securities Act of 1933, as amended, or were not required to be registered where the related asset-backed securities were outstanding during the Reporting Period as of and for the year ended November 30, 2010. The Company has determined that the remainder of the servicing criteria are not applicable to the activities it performs with respect to the Platform as of and for the year ended November 30, 2010. Management is responsible for the Companys compliance with those servicing criteria. Our responsibility is to express an opinion on managements assessment about the Companys compliance with the applicable servicing criteria for the Platform based on our examination.
Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about the Companys compliance with the applicable servicing criteria for the Platform and performing such other procedures as we considered necessary in the circumstances. Our examination included testing selected asset-backed transactions and securities constituting the Platform and evaluating whether the Company performed servicing activities related to those transactions and securities in compliance with the applicable servicing criteria for the period covered by the report. Accordingly, our testing may not have included servicing activities related to each asset backed transaction or security constituting the Platform. Further, our examination was not designed to detect material noncompliance that may have occurred prior to the period covered by this report and that may have affected the Companys servicing activities during the period covered by this report. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Companys compliance with the applicable servicing criteria.
In our opinion, managements assertion that BancTec, Inc. complied with the aforementioned applicable servicing criteria, as described within Managements Report, as of and for the year ended November 30, 2010 for the Platform is fairly stated, in all material respects.
/s/ Grant Thornton LLP
Dallas, Texas
February 15, 2011