To address this, open the Administrative Tools on the server and select: Local Security Policy.
Expand Local Policies-> User Rights Assignment.
Right click on Act as part of the operating system and select Properties.
Here the local policies must be applied to a domain account that is in the local admins group.
Select Add user or Group and have the local admins group added.
Once complete the installer should be able to create the required registry entries and complete the installation.