A demodulator, suitable for use in a communication system and in a modem, has a block polyphase circuit with circuit blocks for different signal processing functions, particularly filtering, delay, and frequency conversion. The circuit blocks are arranged for parallel processing of different portions of an input sequence of signals. Signals of the input sequence to be filtered are divided among the blocks by a demultiplexer for processing at a clock frequency lower than a clock frequency of the input signal sequence. Signals outputted by groups of the circuit blocks are summed to produce an output signal of the group. Output signals of all of the groups are multiplexed to provide an output signal sequence such that the repetition frequency of the outputted signals may be higher, lower, or equal to that of the input signal sequence. This enables use of programmable circuitry operative at reduced clock rates.