Global memory as non-volatile random access memory for guest operating systems

Global memory of a storage system may be used to provide NVRAM capabilities to guest operating systems accessing the storage system. The non-volatility of NVRAM (i.e. that retains its information when power is turned off) provides that an NVRAM device provided by global memory may be used as a journaling device to track storage operations and facilitate recovery and/or failover processing in a storage system without needing to add additional hardware and/or other installed devices. Use of the global memory according to the system described herein to provide an NVRAM device, that may function as a journaling device, provides for the speeding up of transactions, thereby improving metadata intensive operations performance and reducing recovery time and/or failover time of a storage system without adding additional hardware support.