According to one exemplary embodiment of a universal modem system, multiple digital signal processors (DSPs) are configured to perform at least one streaming-based task, or at least one block-based task, or both of the tasks. At least one concatenate memory is configured to store data for the at least one streaming-based task At least one concatenate bus connects at least one concatenate memory and the plurality of DSPs serially for performing the at least one streaming-based task. At least one concatenate memory is configured to store the data for the at least one streaming-based task. At least one public bus connects the plurality of DSPs and the at least one shared memory for performing the at least one block-based tasks.