SRM 7.01 EHP1 , Do we need Live Auction as separate client?

Hi Guys,

Could any one help me on below issues please.

1) we are working on SRM 7.01 EHP1 PPS implementation. Do we need to have separate client for the live auction?

now we can able to create the auction document but click on live auction button, live auction cockpit is not opening.

2) If so what would be the required settings for the live auction cockpit?

Thanks is advance.

Thanks,

Babu