The classical persistence algorithm virtually computes the unique decomposition of a persistence module implicitly given by an input simplicial filtration. Based on matrix reduction, this algorithm is a cornerstone of the emergent area of topological data analysis. Its input is a simplicial filtration defined over the integers $mathbb{Z}$ giving rise to a $1$-parameter persistence module. It has been recognized that multi-parameter version of persistence modules given by simplicial filtrations over $d$-dimensional integer grids $mathbb{Z}^d$ is equally or perhaps more important in data science applications. However, in the multi-parameter setting, one of the main challenges is that topological summaries based on algebraic structure such as decompositions and bottleneck distances cannot be as efficiently computed as in the $1$-parameter case because there is no known extension of the persistence algorithm to multi-parameter persistence modules. We present an efficient algorithm to compute the unique decomposition of a finitely presented persistence module $M$ defined over the multiparameter $mathbb{Z}^d$.The algorithm first assumes that the module is presented with a set of $N$ generators and relations that are emph{distinctly graded}. Based on a generalized matrix reduction technique it runs in $O(N^{2omega+1})$ time where $omega<2.373$ is the exponent for matrix multiplication. This is much better than the well known algorithm called Meataxe which runs in $tilde{O}(N^{6(d+1)})$ time on such an input. In practice, persistence modules are usually induced by simplicial filtrations. With such an input consisting of $n$ simplices, our algorithm runs in $O(n^{2omega+1})$ time for $d=2$ and in $O(n^{d(2omega + 1)})$ time for $d>2$.
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