Unable to comple BPC 10 SP14 - MS Installation. Error creating Olap DB

Hello Experts,

I'm trying to install a new SAP BPC environment running on 2 servers, 1 application server for BPC (I'm using BPC100M14_0-20008337 ) and one server running all SQL services in SQL 2012 SP1 cumulative patch 10; both OS are Windows 2008 R2 SP1 x64.

I don't know if it matters but both SQL instances (SQL and SSAS) are named instances with the same name.

I can go through all part of the installation process but when it starts creating Olap DB, it crashes with the following error in the BPCInstallationLog:

[2014-10-07T14:29:11Z]    [Create ApShell]     : ========== START ==========

[2014-10-07T14:29:11Z]    [Step 1]     :  -- Preparing for create ApShell.

[2014-10-07T14:29:11Z]        SQL Server   : SQL123\XX_DEV == renamed ==

[2014-10-07T14:29:11Z]        OLAP Server  : SQL123\XX_DEV == renamed ==

[2014-10-07T14:29:11Z]        Insight OLAP Server  : APP123 == renamed ==

[2014-10-07T14:29:11Z]        Appset Name  : EnvironmentShell

[2014-10-07T14:29:11Z]        Sql DB Name  : EnvironmentShell

[2014-10-07T14:29:11Z]    1 : 1

[2014-10-07T14:29:11Z]    2 : 2

[2014-10-07T14:29:11Z]    3 : 3

[2014-10-07T14:29:12Z]    4 : 4

[2014-10-07T14:29:12Z]    7 : 7

[2014-10-07T14:29:13Z]    [Exception]     : System.Exception: Exception error has occurred; check the log ID = 212 for more details

   at OSoft.Services.Application.AdminMainServer.AdminUtil.AdminObjCreate(String strClass, String language)

   at OSoft.Services.Application.AdminMainServer.AdminUtil.GetOlapVersion()

   at OSoft.Services.Application.AdminMainServer.AdminOlapProcessing.CreateOlapDatabaseForVB(String strSqlServer, String strOlapServer, String strInsightOLAPServerName, String strAppsetName, String& strMsg)

[2014-10-07T14:29:13Z]    [Create ApShell]     : ========== END ==========

In the TblLogs the message with the logID 212 is:

==============[System Exception Tracing]==============

[System  Name] : Osoft.Services.Platform.YukonAdmin.Olap9Manager

[Message Type] : ErrorMessage

[Job Name]     : AdminObjCreate

[DateTime]     : 10/7/2014 4:29:12 PM

[UserId]       :

[Exception]

    DetailMsg  : {Cannot create ActiveX component.(Assembly: OSoftSQL2005Admin.dll, Object: Osoft.Services.Platform.YukonAdmin.Olap9Manager)}

==============[System Exception Tracing  End ]==============

I've installed multiple platform o BPC MS but I'm clueless and that one....

Thanks for your Help,

Sacha C.