Case Study: Cowen Group eliminates ad-hoc reporting and achieves 6x faster finance reporting with Sigma Computing

Cowen Creates a Communal Environment for Self-service Analytics and Eliminates Ad-hoc Requests with Sigma

Cowen Group, a diversified financial services firm handling up to a million trades a day, struggled with legacy BI tools that required SQL expertise and funneled every data request through IT, producing fragmented Excel extracts and slowing regulatory responses. To enable broader access to historical, row-level data without risky extracts, Cowen Group evaluated cloud data exploration tools and selected Sigma Computing’s spreadsheet-style interface that connects directly to their Snowflake Data Cloud.

Sigma Computing deployed a self-service analytics layer that lets non-technical teams query billions of rows in a single, governed worksheet, creating a single source of truth on Snowflake. The result: virtually zero ad-hoc reporting requests in the last 90 days, 6x faster finance report creation, performant analysis of 5+ billion-row datasets, and simplified regulatory compliance as teams across Finance, Operations, and Compliance now self-serve insights.

Cowen Group

Ross Levin

Managing Director, Global Clearing, Settlement & Securities Finance