|"Is there something am missing."|
Yes, a whole bunch of information.
How do you know this? Just because there isn't an exclamation mark in device manager, doesn't mean the drivers are functioning properly. Try downloading the latest drivers from the manufactures website and installing those.
What do you mean "does not recognise my spdif" are you saying your receiver isn't getting a signal from that port? Are you using a coaxial or optical connection? Have your tried another device on your reciever to make the spdif port on your reciever is set correctly?
"have ticked and checked all boxes and cannot find any other settings"
What boxes are you checking?
Also, what brand and model card is this?