Unfortunately, there is no update.
If you have the Steam version of the game, you could try a custom controller profile, remapping the Dpad splitscreen toggle to act as the Start/Options button (if you do not use that), or add a 'Shift' function, so holding a trigger slightly (enough to register but not bring up the respective function) modifies one of the buttons or Dpad directions to act as the Start/Options button.
