The creation of transaction segment records that are each associated with transaction segments within a log that includes multiple tasks, each of at least some associated with a corresponding transaction. The transaction segment records each include a transaction identifier set that define which tasks are included within the transaction segment. The transaction identifier sets are non-overlapping such that the transaction segments may be processed substantially in parallel by dispatching the transaction segment records to different worker threads. The identity of a latest external dependee entity, if any, is included within the transaction segment record. Upon being assigned a transaction segment for processing, the module assigned the transaction segment awaits completion of processing of the latest external dependee entity prior to processing the transaction segment. Accordingly, transaction segments may be processed substantially in parallel, while in those cases in which there is a dependency, the dependency is honored.