1. A transaction recovery system comprising: a first server instance having a first transaction recovery service, the first transaction recovery service owning a first transaction log corresponding to said first server; a second server instance having a second transaction recovery service, the second transaction recovery service owning a second transaction log corresponding to said second server; and a shared memory, the first transaction log and the second transaction log residing on the shared memory, the first transaction recovery service configured to failover migrate from said first server instance to said second server instance if said first server fails &lsqb;goes down&rsqb;, said second server instance configured to coordinate transactions from the first transaction log upon the failover migration of the first transaction recovery service.