Endnote X7 EXTREMELY Slow on Rather Fast Hardware (OS X)

I do not think that reformatting old Word or other files is a solution. In my case, I have about 31.000 entries in Endnote X7 and definitely will not reformat anything. In my hands, X7 crawls, after each start (on even the fastest PC) takes about 20+ seconds in which there is a No response error message. If there will be no solution available soon, I will move to another software.