The functionality to update the TranslateTransform, ScaleTransform, SkewTransform and RotateTransform is already in the ElementDragManager so I suggest just improving upon it and reusing it (or well, in case of reimplementing it, for it to be done in the ElementDragManager)
so that other parts of the Studio can take advantage of that functionality if needed in the future.

There are not many bugs regarding updating transforms via ElementDragManager that I am aware of, but one that I know of is that when a rotation & skew is applied, rotating and additionally skewing the element will look fine while doing it, but upon the mouse release the element will
be differently skewed/rotated. The reason for this is I think the missing proper implementation of DecomposeMatrix() function located in the ElementDragManager.cpp file.

Currently the ElementDragManager decides in StartDrag/StartResize methods whether or not to use the transforms when dragging/resizing an element with a following check:

if (storyboardObj && storyboardObj->GetIsRecording())

{

data->useTransform = true;

}