There was a similar topic a few months ago that should have some useful information for you:
My install command is the same and works fine with the prereqs added:
msiexec.exe /i “IBM Spectrum Protect Client.msi” RebootYesNo=“No” REBOOT=“Suppress” ALLUSERS=1 INSTALLDIR=“C:\Program Files\Tivoli\Tsm” ADDLOCAL=“BackupArchiveGUI,BackupArchiveWeb,Api64Runtime,AdministrativeCmd” TRANSFORMS=1033.mst /qn