In this paper, we propose a low complexity realization method for compensating for nonlinear distortion. Generally, nonlinear distortion is compensated for by a linearization system using a Volterra kernel. However, this method has a problem of requiring a huge computational complexity for the convolution needed between an input signal and the 2nd-order Volterra kernel. The Simplified Volterra Filter (SVF), which removes the lines along the main diagonal of the 2nd-order Volterra kernel, has been previously proposed as a way to reduce the computational complexity while maintaining the compensation performance for the nonlinear distortion. However, this method cannot greatly reduce the computational complexity. Hence, we propose a subband linearization system which consists of a subband parallel cascade realization method for the 2nd-order Volterra kernel and subband linear inverse filter. Experimental results show that this proposed linearization system can produce the same compensation ability as the conventional method while reducing the computational complexity.