Yes there is. The file you're after is called "Splash.dib" and it's located in "C:\Program Files\Cakewalk\SONAR Platinum". Make sure you backup the original before editing it. When you edit it, keep the dimensions that same.
After editing, export the file as a Windows BMP file named "Splash.BMP". Then rename to give an extension of "dib" so the file name becomes "Splash.dib". Put the file back in "C:\Program Files\Cakewalk\SONAR Platinum" and you're done. I've actually done this myself (I colourised the squares at the bottom)
Of course the program path above assumes a 64bit version of Sonar.