We are Receiving an error while trying to connect to ALM from UFT

We installed UFT on couple of our workstations and tried to connect to ALM through ALM Connection from UFT but we are receiving the following error

Failed to update components from server
Failure in Spider Module Process. Error: This type of installation requires that UAC be disabled. Disable UAC or run the program with administrator privileges.
We tried with administrator access and also disabled UAC but we still get this error.