Can vray.exe in RT for 3ds Max folder be used as SA?

Do we need to install Vray Standalone on machines that have VRay for 3ds Max installed? There is a Vray.exe in the RT for 3ds Max 2018 for x64 folder. Is that the same?

Seems to be running smoothly and frames are matching.

Yep, you should be fine using that vray.exe