Speed up List processing time

The time to process a smart list is a serious pain point.

A current example: trying to run a simple Smart List for Contacts with one Line of Criteria:  Submitted a Form on Any Page between a Date Range. This list takes upwards of 5 minutes to render results.  Why does it take so long? How can it be sped up?

 

I've run smart list with 10s of thousands of results, that I've had to wait overnight for the list to process.  Anything that can be done to improve list load time would be hugely impactful.

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smart list   Active List