The invention discloses a satellite telemetry data treatment system and a realization method of the system, which solves the problems of telemetry data treatment, such as universality, extensibility and cross-platform. The system comprises a log module, a pointer container module, a memory management module, a basic data management module, a configuration information management module, an index table management module, a data pretreatment module, a treatment method module, a data analysis module and a data initialization and management module. The method comprises preparing configuration file and basic data, and creating a frame index table or a packet index table by use of a dynamic array, i.e. pointer container; receiving telemetry data, and carrying out effective judgment and data integration; carrying out parameter treatment, and treating the parameter result according to a manner defined by a customer; and stopping until all of the telemetry data is treated.