A multiplier algebra functional calculus

Abstract: This paper generalizes the classical Sz.-Nagy--Foias $H^{\infty}(\mathbb{D})$ functional calculus for Hilbert space contractions. In particular, we replace the single contraction $T$ with a tuple $T=(T_1, \dots, T_d)$ of commuting bounded operators on a Hilbert space and replace $H^{\infty}(\mathbb{D})$ with a large class of multiplier algebras of Hilbert function spaces on the unit ball in $\mathbb C^d$.