That central bottleneck and paperwork from transfers means it's very hard for traditional transfer agents to cut transfer times...
since most antiquated systems rely on dozens of costly employees manually processing transfers from 9 to 5, Monday–Friday.
In fact, agents today are only loosely held to 3-day turnarounds.
A lot can happen in three days. That leaves your shareholders at risk
Not to mention, it's almost impossible for outsiders to audit outstanding shares, stock transfers, or Cede/DTC redemptions.
That means your shareholders regularly get stuck with sub-par service that's not even reported to the SEC. Talk about bad PR.
Further, your shares are held in the dark, often leaving investors questioning the validity of your shares or outstanding balances.