Abstract: A system for equalizing an input signal including a datastream modulated on a carrier, with respect to both transmission channel distortions and local receiver distortions, includes a network for frequency downshifting the input signal, a controlled non-recursive filter (20) responsive to the downshifted input signal, and a demodulator (30) for receiving an output signal from the controlled filter. A signal processing network, including a filter network with a transfer function (40, 60, 80, 100) which is the inverse of the transfer function of the controlled filter, responds to an output signal from the demodulator for producing output control signals. The control signals are coupled to a coefficient control input of the non-recursive filter for equalizing the signal with respect to both transmission channel and receiver distortion.