[Neil Patience] “I know that all DNxHD encoding and decoding in Symphony Nitris is 10 bit. I have a copy of Avid’s “Supported Formats” document which does not offer anything more than 10 bit on any format so my guess is that 10bit is the max, however that document is only up to and including V5.5
A quick look at Avid’s site does not mention 12 bit as far as I can see.”
Some interesting “initial” findings: Fast-importing ProRes4444 (12-bit) seems to result in proper 12-bit color correction.
I tested this by creating a 12-bit, 10-bit, and 8-bit version of a single shot – a shot which was grossly underexposed. I then pasted the same color correction filter on every version of the shot and compared. The results are visually obvious that the 12-bit file holds up the best.