We study analytic models of operators of class with natural positivity assumptions. In particular, we prove that for an -hypercontraction on a Hilbert space , there exists a Hilbert space and a partially isometric multiplier such that where is the weighted Bergman space and is the Hardy space over the unit disc . We then proceed to study and develop analytic models for doubly commuting -tuples of operators and investigate their applications to joint shift co-invariant subspaces of reproducing kernel Hilbert spaces over polydisc. In particular, we completely analyze doubly commuting quotient modules of a large class of reproducing kernel Hilbert modules, in the sense of Arazy and Englis, over the unit polydisc .

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