Unable to connect to the management console after PVS 6.1 config was successful

I was trying to configure PVS6.1 setup on windows 2008R2, configuration went successful but I tried to connect to server using console got following error : Event ID 11 Cannot establish a connection to the database because the server cannot be found

When the PVS config wizard run it usually populate registry with  the database info in encrypted format. But in my case this was missing

I checked the CTX129060 and policy was applied as mention

We captured processmon and it has some info

Following CTX129161 explain to change value to 1 but we had this value , what we did changed to 0 and that worked for us