I forget how I managed it, but I got a web-based wallet of some sort working, using a "local server".
Might have been part of that "all in one" package and I do remember I had to go straight into the .bat file stuff to get it to work at all.
IMO any program that depends on IE being on a system is STUPID and should be ignored.
Well the wallet also works for Linux too and IE does not exist there, so I think the main problem does not have much to do with the relationship between the wallet and IE .