Fractional calculus is a powerful tool that has been applied successfully for the analysis of the complex systems. One interesting example of a complex mixture is given by the multicomponent pharmaceutical samples having constant matrix content. The main aim of this study is to develop a new approach based on the combined use of the fractional wavelet transform (FWT) and the continuous wavelet transform (CWT) in order to quantify atorvastatin (ATO) and amlodipine (AML) in their mixtures without requiring a chemical pretreatment. In the first step, the absorption spectra of the compounds and their samples were processed by the FWT method. In the next step, the CWT approach was applied to the fractional wavelet spectra obtained in the above step. The aim of the application of FWT is data reduction corresponding to the spectra of compounds and their commercial samples. In the following step, the CWT was used for the quantitative resolution of the composite signals of the analyzed compounds. After method validation, the proposed signal processing methods based on the combined use of the FWT and the CWT were successfully applied to the resolution of the composite spectra for the quantitation of atorvastatin (ATO) and amlodipine (AML) in tablets.