Wanting to See Risks in P6 Optional Windows Client when Connected to EPPM Database

My understanding of Risks in P6 is as follows, and I'm looking for validation of this understanding:

The P6 Windows client will show Risks in the Project menu only if:

1.  The client is not connected to a P6 EPPM database (Oracle, Oracle XE, MS SQL);

or:

2. If it is not connected to a P6 EPPM database, it is connected to an Oracle or MS SQL database, but not a SQ Lite database.

We are connected to a P6 EPPM database, but do most of our work in the power (Windows) client, not the web.  We would like to work with risks without having to log into the web client.