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Looking for solution for 4-ch CCTV

Hello!  I need some advice. 

Is it possible to create a 4-channel (SMPTE 292 (HD-SDI)) with PiP function?

What  device sutable for this? Can CPU process 4 channels simultaniously?

P.S. I'm from FPGA area, I'm totaly new in TI products, so any help is very useful.