Attached files

file filename
10-K - 10-K - Barclays Dryrock Issuance Trustc110917.htm
EX-33.4 - REPORT ON ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA FOR U.S. BANK NATIONAL ASSOCIATION - Barclays Dryrock Issuance Trustex33-4.htm
EX-31.1 - RULE 13A-14(D)/15D-14(D) UNDER THE SECURITIES EXCHANGE ACT OF 1934 CERTIFICATION (SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 CERTIFICATION). - Barclays Dryrock Issuance Trustex31-1.htm
EX-34.4 - INDEPENDENT ACCOUNTANTS ATTESTATION REPORT CONCERNING SERVICING ACTIVITIES OF U.S. BANK NATIONAL ASSOCIATION - Barclays Dryrock Issuance Trustex34-4.htm
EX-34.2 - INDEPENDENT ACCOUNTANTS ATTESTATION REPORT CONCERNING SERVICING ACTIVITIES OF BARCLAYS BANK PLC - Barclays Dryrock Issuance Trustex34-2.htm
EX-35.2 - SERVICER COMPLIANCE STATEMENT BARCLAYS BANK PLC - Barclays Dryrock Issuance Trustex35-2.htm
EX-35.1 - SERVICER COMPLIANCE STATEMENT BARCLAYS BANK DELAWARE - Barclays Dryrock Issuance Trustex35-1.htm
EX-33.2 - REPORT ON ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA FOR BARCLAYS BANK PLC - Barclays Dryrock Issuance Trustex33-2.htm
EX-34.1 - INDEPENDENT ACCOUNTANTS ATTESTATION REPORT CONCERNING SERVICING ACTIVITIES OF BARCLAYS BANK DELAWARE - Barclays Dryrock Issuance Trustex34-1.htm
EX-33.1 - REPORT ON ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA FOR BARCLAYS BANK DELAWARE - Barclays Dryrock Issuance Trustex33-1.htm
EX-33.3 - REPORT ON ASSESSMENT OF COMPLIANCE WITH SERVICING CRITERIA FOR REMITCO LLC - Barclays Dryrock Issuance Trustex33-3.htm

Exhibit 34.3

 

Independent Accountants’ Attestation Report concerning servicing activities of REMITCO LLC

 

Report of Independent Registered Public Accounting Firm

First Data Resources, LLC and

REMITCO, LLC

 

We have examined management’s assertion, included in the accompanying Report of Management on Assessment of Compliance with SEC Regulation AB Servicing Criteria as of and for the period from January 1, 2014 through December 31, 2014, that First Data Resources LLC and its affiliate, REMITCO LLC (jointly, “First Data” or the “Asserting Party”) complied with the servicing criteria applicable to it under the Securities and Exchange Commission’s Regulation AB Section 229.1122(d) — all servicing criteria except for the criteria set forth in Sections 229.1122(d)(1)(i)-(iv), 1122(d)(2)(i) (except with respect to remittance processing services it provides in connection with loan and/or receivables portfolios that include pool assets for asset backed securities issued by Dryrock Issuance Trust and processed at the First Data Langhorne and Monterey Park facilities (the “Platform”); such services being limited to the opening, listing, and depositing of remittance payments mailed to post office boxes serviced by First Data pursuant to the agreements between First Data and Wells Fargo Bank, N.A. and Barclays Bank Delaware), 1122(d)(2)(ii)-(vii), 1122(d)(3)(i)-(iv), and 1122(d)(4)(i)-(xv). Management is responsible for First Data’s compliance with the servicing criteria. Our responsibility is to express an opinion on management’s assertion about First Data’s compliance with the servicing criteria based on our examination.

 

Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants, as adopted by the Public Company Accounting Oversight Board (United States) and, accordingly, included examining, on a test basis, evidence about First Data’s compliance with the applicable servicing criteria and performing such other procedures as we considered necessary in the circumstances. Our examination included testing of less than all of the individual asset backed transactions and securities that comprise the Platform, testing of less than all of the servicing activities related to the Platform, and determining whether First Data processed those selected transactions and performed those selected activities in compliance with the servicing criteria. Furthermore, our procedures were limited to the selected transactions and servicing activities performed by First Data during the period covered by this report. Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests that may have affected the balances or amounts calculated or reported by First Data during the period covered by this report for the selected transactions or any other transactions. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on First Data’s compliance with the servicing criteria.

 

In our opinion, management’s assertion that First Data complied with the aforementioned servicing criteria as of and for the period from January 1, 2014 through December 31, 2014 for the Platform is fairly stated, in all material respects.

 

 

   /s/ Ernst & Young LLP
   

 

February 13, 2015

Des Moines, Iowa