An information processing system includes a runtime versioning facility which allows for managing its configuration so that modifications made during runtime are propagated and take affect without restarting the system or a portion thereof. This allows the potential for 100% uptime while upgrading such systems. This also provides a system capability to process multiple configuration versions, and to be able to process such versions even while such versions are changing during operation of the information processing systems. For example, a system such as a registry server capable of transactional configuration changes is provided which manages its configuration so that modifications made during runtime are propagated and take affect without restarting the server.