Software Defined Radio (SDR) systems are the ones which can adapt to the future-proof solution and it covers both existing and emerging standards. An SDR has to possess elements of reconfigurability, intelligence and software programmable hardware. The main interest in any communication group is the sure sending of signals of info from a transmitter to a receiver. The signals are transmitted via a guide who corrupts the signal. To ensure reliable communication forward error-correcting (FEC) codes are the main part of a communication system. This chapter will discuss an SDR system built using LabVIEW for a Generic Transceiver. This chapter has covered emerging software radio standards and the technologies being used to specify and support them.