You dont require informatica Analyst Service to run Business Glossery. you need to configure Reporting and Metadata manager service in informatica Admin console to use BG.
I have configured repository, integration & metadata manager services. All are up & running.
No clue how to set business glossary?
Can I get some step by step guide for this?
On the other hand, I have all the previlages (proper keys) still below options are disabled under metadata manager tool:
1) Run lineage
2) imprort excel under glossary tab
Which version are you using. Any version vefore 9.6, the BG is fully contained within the MM UI. Starting with 9.6, editing/maintaining/browsing the BG was moved to the Analyst UI. MM will maintain a copy of the BG for linking any technical metadata.
It is hard to answer the run lineage question - you have not mentioned what class type you are trying to run lineage for?