This is the same generic message in event viewer if NO SMTP servers are configured OR if NO DataBase connections have been configured.
This is a product defect: 367427
WORKAROUND:
If there are not reporting database connections configured please configure the connections within the PMAdmin site | general settings | Reporting (please see SOL4219044 for detailed instructions on configuring reporting)
STATUS:
Waiting for a fix in a future release of Password Manager
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