Yes, change it to OpenGL and restart TBC.
Trimble themselves suggest/request in all Release Notes, so far, that you do so.

And while you're in the options set the cloud cache to half your machines memory.

How much RAM does your machine have? For point clouds I would recommend 32GB and upwards.
Also, make sure your TBC project is stored on your local hard drive, at least as long as you work on it.