A fast correlator transform (FCT) algorithm and methods and systems for implementing same, correlate an encoded data word (X0-XM−1) with encoding coefficients (C0-CM−1), wherein each of (X0-XM−1) is represented by one or more bits and each said coefficient is represented by one or more bits, wherein each coefficient has k possible states, and wherein M is greater than 1. X0 is multiplied by each state (C0(0) through C0(k−1)) of the coefficient C0, thereby generating results X0C0(0) through X0C0(k−1). This is repeated for data bits (X1-XM−1) and corresponding coefficients (C1-CM−1), respectively. The results are grouped into N groups. Members of each of the N groups are added to one another, thereby generating a first layer of correlation results. The first layer of results is grouped and the members of each group are summed with one another to generate a second layer of results. This process is repeated until a final layer of results is generated. The final layer of results includes a separate correlation output for each possible state of the complete set of coefficients (C0-CM−1). The final layer of results is compared to identify a most likely code encoded on the data word. The summations can be optimized to exclude summations that would result in invalid combinations of the encoding coefficients (C0-CM−1). Substantially the same hardware can be utilized for processing in-phase and quadrature phase components of the data word (X0-XM−1). The coefficients (C0-CM−1) can represent real numbers and / or complex numbers. The coefficients (C0-CM−1) can be represented with a single bit or with multiple bits (e.g., magnitude). The coefficients (C0-CM−1) represent, for example, a cyclic code keying (“CCK”) code set substantially in accordance with IEEE 802.11 WLAN standard.