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If you can find some way to produce "small clips" from the source files, each with matching timecode, there is nothing stopping you conforming via an EDL
I think the word you want is " Proxy "
Here is a link for After Effects but the info should help you find what you want.
Three hits in a row, thanks guys!
Most welcome. I do have to mention that I have NOT used Ozpeter's method, but many on the PrE forum have been pleased with it.